An empirical investigation of corporate governance practices in the Kingdom of Saudi Arabia
Other Title(s)
دراسة تجريبية لحوكمة الشركات بالمملكة العربية السعودية
Author
Source
Journal of the North for Humanities
Issue
Vol. 4, Issue 2 (31 Jul. 2019), pp.185-198, 14 p.
Publisher
Northern Border University Scientific Publishing Center
Publication Date
2019-07-31
Country of Publication
Saudi Arabia
No. of Pages
14
Main Subjects
Business Administration
Financial and Accounting Sciences
Topics
- Management
- Stockholders
- Saudi Arabia
- Twenty-first century
- Corporations
- Disclosure in accounting
- Corporate governance
- International accounting standard
Abstract EN
High-quality corporate governance (CG) guarantees that corporations perform better and have a better relationship with its stakeholders.
The good practice of accounting standards is very important, as it leads to effective disclosure and consequently good CG programs.
Therefore, the practice of appropriate accounting standards is a more relevant issue of good CG in the present competitive time as the standards provide a useful method to restructure the main corporate values.
This paper discusses the practice of Saudi accounting standards for good CG, as it is regarded as one important issue of CG, with an objective to make Saudi accounting standards useful to ensure better disclosure, and consequently, good CG.
The empirical results revealed that most of the selected companies were aware of the relevance of standards for good CG and complied with ten to twenty accounting standards with varied treatments of items, which exposed the comparability and left scope for personal discretion and confusion.
The necessity of stringent and uniform standards, wide participation and harmonization of related laws are necessary for ensuring a true and fair view of business, and therefore guaranteeing good CG.
American Psychological Association (APA)
al-Utaybi, Abd Allah Thuail. 2019. An empirical investigation of corporate governance practices in the Kingdom of Saudi Arabia. Journal of the North for Humanities،Vol. 4, no. 2, pp.185-198.
https://search.emarefa.net/detail/BIM-887177
Modern Language Association (MLA)
al-Utaybi, Abd Allah Thuail. An empirical investigation of corporate governance practices in the Kingdom of Saudi Arabia. Journal of the North for Humanities Vol. 4, no. 2 (Jul. 2019), pp.185-198.
https://search.emarefa.net/detail/BIM-887177
American Medical Association (AMA)
al-Utaybi, Abd Allah Thuail. An empirical investigation of corporate governance practices in the Kingdom of Saudi Arabia. Journal of the North for Humanities. 2019. Vol. 4, no. 2, pp.185-198.
https://search.emarefa.net/detail/BIM-887177
Data Type
Journal Articles
Language
English
Notes
Includes appendix : p. 197-198
Record ID
BIM-887177