حوكمة الشركات و دورها في تخفيض مشاكل نظرية الوكالة

الملخص EN

The financial crises, which occurred in the recent years and led to the lose of many companies, have arisen a very important matter which is related to the quality of the accounting information advertised in the financial reports.

Thus, it seems to be necessary to look for another means to change this view and regain the investors trust again through applying Corporate Governance of companies which is able to make the policies of companies and strategies followed in decision – making processes prominent.

The nation of Corporate Governance of companies has established to regulate the relationships between the managerial council in companies, branch managers auditing committee, the cooperators and those who have other relation with these firms.

Due to the existence of a cooperative relationship between the owners and managers, many problems have appeared.

These problems have focused on the opposite benefits, since the managers are always trying to achieve their personal benefits to increase their gains and decrease their efforts rather than giving benefits to the owners.

To reduce such problems, a number of countries have established basic principles for Corporate Governance in order to protect all the other partners benefits which have a relationship with the company.To achieve the aims of the present study, the research has been divided into three parts.

The first one deals with the theoretical notion of Corporate Governance.

The second tackles the agency theory and its relation to Corporate Governance.

The last part is devoted to conclusion and recommendations which the researcher arrives at.