Jordan Corporate Governance Regulations

As the importance of Corporate Governance increases, an awareness and understanding of the different relevant regulations becomes of paramount value. The importance and value of Corporate Governance is not the core of this publication. The publication is built around the premise that Corporate Governance is important and increasingly becoming of significant importance for growth, continued success and sustainability. Accordingly, this publication aims to identify, highlight and summarize the different codes of Corporate Governance along with other relevant regulations that impact Corporate Governance that are available in Jordan. The authors intend to address the different codes with respect to the principles of Corporate Governance as defined by the Organization of Economic Cooperation and Development (OECD); namely: ensuring the basis for an effective Corporate Governance framework; the rights of shareholders and key ownership functions; the equitable treatment of shareholders; the role of stakeholders in Corporate Governance; disclosure and transparency; and the responsibilities of the Board. This comparative study will provide an overview of how each code (or relevant regulation) addresses the different principles and to what extent. Since certain Corporate Governance practices tend to overlap across different principles and cover broad practices, we have found that it would be best in this study to provide a detailed assessment of different practices and requirements based on different dimensions. The dimensions the authors use are those defined based on best practices as identified by the International Finance Corporation (IFC) as follows: commitment to Corporate Governance; board functioning; management control environment; disclosure and transparency; and shareholder and stakeholder relations.

Bibliographic Details

Main Author:	Jordan Institute of Directors
Format:	Working Paper biblioteca
Language:	English en_US
Published:	World Bank Group, Washington, DC 2013-06-09
Subjects:	LIMITED, CHAIRMAN CEO, BOARD MEMBERS, CORPORATION, CORPORATE AFFAIRS, STOCK, INTEREST, CORPORATE PERFORMANCE, GOVERNMENT, EXCHANGE, RESPONSIBILITY, SERVICES, SHAREHOLDERS RIGHTS, DISCRIMINATION, INDEPENDENT DIRECTORS, DISCLOSURE REQUIREMENTS, BOARDS OF DIRECTORS, SOCIAL RESPONSIBILITY, COMPANIES, CORPORATE BODY, AUTHORITIES, DISCLOSURE, CENTRAL BANKS, INDEPENDENCE, OVERSIGHT, AUDIT COMMITTEE, FULL DISCLOSURE, ACQUISITIONS, CENTRAL BANK, COMMUNICATIONS, CODE OF CONDUCT, INTERNATIONAL FINANCE, STATES, CORPORATE GOVERNANCE LAW, LOCAL BANKS, CEO, AUTHORITY, RIGHTS OF SHAREHOLDERS, PROXY, EMBEZZLEMENT, ADOPTION, ORGANIZATIONS, BOARD MEMBER, LEGISLATION, CORPORATE GOVERNANCE FRAMEWORK, CORPORATE ENTITY, REPRESENTATIVES, BOARD MEETINGS, RISK MANAGEMENT POLICY, SHAREHOLDER MEETINGS, PUBLIC SHAREHOLDER, DUE DILIGENCE, CORPORATE GOVERNANCE CODE, FINANCE, DIRECTORS, BANKS, BUSINESS ORGANIZATION, STOCK COMPANIES, ACCOUNTABILITY, JURISDICTION, DISCLOSURE STANDARDS, OWNERSHIP STRUCTURE, TRANSPARENCY, RISK MANAGEMENT POLICIES, PUBLIC CORPORATION, COMPROMISE, REPUTATION, VALUE, FULL • DISCLOSURE, BANK, STAKEHOLDERS, CHIEF EXECUTIVE, CHAIRMAN AND CEO, PARTNERSHIP, GROUP OF COMPANIES, ASSOCIATION, GOVERNANCE PRACTICES, INTERNAL CONTROLS, DECISION-MAKING, SHARES, CORPORATE GOVERNANCE CODES, BALANCE SHEET, COMPANY, INSIDER TRADING, REGULATION, SECURITIES, GOVERNANCE, SHAREHOLDERS, INSURANCE, LIMITED LIABILITY COMPANY, GOVERNANCE REGULATIONS, TRADE, INTERESTS, STATE, COMPANIES LAW, SECURITY, STOCKS, STOCK EXCHANGE, HUMAN RESOURCES, SHARE, ORGANIZATION, INTERNAL AUDIT, EQUALITY, LIMITED LIABILITY COMPANIES, FINANCE CORPORATION, INTERNAL CONTROL, BANKING, VOTING, REGULATORS, INDIVIDUALS, STAKEHOLDER, SHARE CAPITAL, LAW, GOVERNANCE PRINCIPLES, LEGAL REQUIREMENTS, RISK MANAGEMENT, CAPITAL EXPENDITURES, INDEPENDENT DIRECTOR, JOINT STOCK COMPANIES, SHAREHOLDER, AUDIT, PERSONS, SECURITIES LAW, LIMITED LIABILITY, INTERNATIONAL MARKETS, RISK MANAGEMENT COMMITTEE, CORPORATE ASSETS, INTERNATIONAL BEST PRACTICE, CORPORATE GOVERNANCE,
Online Access:	http://documents.worldbank.org/curated/en/2015/06/24606836/jordan-corporate-governance-regulations-comparative-study https://hdl.handle.net/10986/22060
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