دور حوكمة الشركات في جذب الاستثمار الأجنبي المباشر في الاقتصاد الليبي

الملخص EN

Corporate Governance is one of the most important economic issues that have received attention by researchers , particulary after the economic collapses and financial crises that occurred in a number of East Asian countries, Latin America and Russia in the nineties of pastcentury .Therefore, the Corporate governance is a major factor affecting success of companies in the financial marketsbecause of theirdisclosure and transparency of information included in the financialstatements.

On the other hand, foreign direct investmentis an important entry point for economic development, especially to the Libyan economy .Hence, the aim ofthisresearchis to identify corporate governance and itsrole in increasing the flow of foreign direct investment as one of the variables affectingdevelopment and growth of the Libyan economy, and as an Indicator to the openess of Libyan economy and itsability to deal with global developmentsespeciallyunderthe direction of the Libyan state to negotiatejoiningthe World Trade Organization.In thiscontext, severalindicatorsrelated to governance in the Global Competitiveness Report issued by the World Economic Forum for the year (2006) and (2008) were used and compared to the year (2020).Also.

They were compared to the Corruption awarness Index- issued by Transparency International -for the same year (2020).According to these indicators ,the research found that Libya has recorded a weak performance on all governance measures such as anti-corruption, rule of law, government effectiveness, political stability, etc.

Therefor, the weakness of governance measures has contributed to decrease the volume of foreign direct investment in Libya over the past years until now.