StudentShare solutions
Triangle menu

The impact of corporate governance on performance of companies: listed on the Saudi Stock Market - Dissertation Example

Nobody downloaded yet

Extract of sample
The impact of corporate governance on performance of companies: listed on the Saudi Stock Market

The adoption of corporate governance measures is generally accepted as a means of developing shareholder trust and confidence in the midst of economic shocks and volatile financial markets. The need for information is paramount in assessing the risk to investors and to the business. In Saudi Arabia, where family owned and controlled corporations proliferate, the urgency to adopt corporate governance measures is paramount to assuage the fears of the global investing market. The study determined that nearly all the indicators for measuring corporate governance do not significantly influence the financial performance of the 90 Saudi listed firms that comprised the research sample. The fact that many of these firms are owned by family groups is a possible explanation for this lack of significant relationship. Of the factors measured, only majority shareholder concentration proved to significantly influence the financial performance of Saudi firms as measured by the return on equity. ...
.3 Corporate Governance in the Kingdom of Saudi Arabia 14 2.3.1 Corporate Governance Regulations in the KSA 15 2.3.2 Governance mechanisms in the Saudi bourse 15 2.4 Duties of Directors in the KSA 16 2.5 Recent developments in corporate governance in the KSA 17 2.6 Determinants of corporate governance 17 2.6.1 Ownership structure and concentration 17 2.6.2 Board size and composition 18 2.6.3 CEO Duality 19 2.7 Hypotheses 20 Chapter 3: Methodology 22 3.1 Overview 22 3.2 Research Design 22 3.2 Subjects of research, Population and Sample 23 3.3 Variables in the Study 23 3.3.1 Independent Variables 23 3.3.2 Dependent Variables 24 3.4 Instruments/ Measures 24 3.5 Data Collection 26 3.6 Data Analysis 26 3.7 Validity and Reliability 26 3.8 Research Model 27 3.9 Ethical Considerations 27 Chapter 4: Discussion 29 4.1 Overview 29 4.2 Results of quantitative data gathering 29 4.3 Results of qualitative data gathering 36 Chapter 5: Conclusion 38 5.1 Summary 38 5.1.1How corporate board of directors of listed Saudi companies view corporate governance, and how they implement it in their respective organizations 38 5.1.2Metrics that may be employed to determine the degree to which corporate governance initiatives impact upon corporate performance 39 5.1.3How corporate governance measures can be more effectively implemented in order to improve corporate performance 40 5.2Conclusion 40 5.3Directions for future research 41 References 42 Appendix 45 Chapter 1: Introduction 1.1 Overview The introductory chapter presents the research problem within the context in which it is conceptualized. The historical background is first related in order to explain the problem’s development and the need to address it. The research problem is objectively stated, followed by the research objectives and ...Show more


The impact of corporate governance on performance of companies: Specialized study of companies listed on the Saudi Stock Market. Abstract The study sought to investigate the adoption of corporate governance among Saudi companies and how factors determinant of corporate governance has influenced the financial performance of Saudi listed firms…
Author : maximodavis
The impact of corporate governance on performance of companies: listed on the Saudi Stock Market
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the dissertation on your topic
"The impact of corporate governance on performance of companies: listed on the Saudi Stock Market"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Corporate Governance in The Kingdom of Saudi Arabia
The current research found that the stringent control posed by corporate governance significantly predicts the successful influence of corporate governance on the auditing role. While it predicts success, the same independent variable has been disagreed upon by the respondents. This suggests that at present, it is still in need of improvement.
66 pages (16500 words) Dissertation
Determinants of Capital Structure of Listed Saudi Arabian Companies
Although the business may be operationally efficient and cost-effective, the wrong capital mix could introduce unnecessary inefficiencies and costs that could undermine the firm’s profitability and success.
50 pages (12500 words) Dissertation
Usage of Strategic Planning Tools and Its Impact on Organisational Performance: A Case Study of Saudi Arabian Companies
Considering the analysis and findings presented in the study, it is concluded that the usage of strategic planning tools improves organisational performance. In addition to this, the present study also concludes that there is a significant difference in the usage of strategic planning tools amongst high performing and low performing companies in Saudi Arabia.
68 pages (17000 words) Dissertation
The Impact of Corporate Governance Disclosure on the Financial Reporting Practices in a Developing Country: Saudi Arabia
The concept of corporate governance achieved acknowledgment since the 1980’s, when corporate organizations began exercising it as a benchmark ethical measure intended for accounting and financial reporting in addition to other fair practices. Formerly, corporate governance was defined as a standard collection of guidelines that is exercised to administer and implement control over corporate organisations.
36 pages (9000 words) Dissertation
Discussion of the various issues related to corporate governance and its impact on financial performance of companies
For the purpose of this study four of U.K’s top P.L.Cs from three different sectors are used and analyzed. This includes two major UK banks namely HSBC and RBS (banking sector); British Petroleum P.L.C. (Oil & Gas sector); and J. Sainsbury (Retail sector).
54 pages (13500 words) Dissertation
Analysis of capital structure of Saudi listed companies and the impact of tax/Zakat on capital structure
This is pursuant to the Modigliani-Miller theory that a firm may seek to maximize profitability by resorting to a higher level of debt financing in order to take advantage of the tax deductibility of interest expenses in relation to this debt. The study gathered data from audited financial statements of ten manufacturing companies operating in Saudi Arabia and publicly listed in the exchange.
4 pages (1000 words) Dissertation
Impact of Announcing Dividends on Share Prices of Corporations Listed in the Saudi Stock Exchange
The complete dissemination of available information throughout the market reduces information distortions and allows market participants to decide their market actions under conditions of reduced risk of the unknown. Because of the need to come as close as possible to full and simultaneous availability of information to all market participants, it becomes necessary to measure how efficiently prices respond to the informational content of sudden and unexpected announcements, one of which pertains to dividends.
12 pages (3000 words) Dissertation
Determinants of Capital Structure of Listed Saudi Arabian Companies
The capital structure of a firm is the relative proportion of borrowed capital in comparison to equity capital. The importance of investigating the implications of the level of debt in the financing of a firm’s operation is of importance because it has direct impact on the cost of capital of the company and therefore on the company’s bottom line.
50 pages (12500 words) Dissertation
Corporate Governance And Itseffects On Firms Performance Evidences In Saudi Arabia
Implementing good corporate governance in firms is designed to give results in terms of better firm performance and that can be accomplished by making better and more rational decisions.
29 pages (7250 words) Dissertation
Ghana Stock Market
To illustrate how a stock market operates and spreads the wealth in one country, let us say Company-A has been so successful in its manufacturing operations that all its goods sell as fast they are produced. The firm knows that it could sell even more products if it could get enough money to build another factory.
59 pages (14750 words) Dissertation
Comments (0)
Click to create a comment
Let us find you another Dissertation on topic The impact of corporate governance on performance of companies: listed on the Saudi Stock Market for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
Join us:
Contact Us