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MENA counrites: Corporate Governace

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Are the OECD principles of corporate governance of any relevance for the member states of the Organization of the Islamic Cooperation (OIC)? What role can Hawkamah "governance" play in promoting better corporate governance in the MENA region?

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https://brainmass.com/economics/economics-of-regulation/mena-counrites-corporate-governace-582040

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The OECD principles are of some relevance for the member states of the Organization of the Islamic Cooperation. The OECD principles are one of the key standards for international financial stability of the Financial Stability Board. The principles form the basis for corporate governance component of the report on the observance of standards and codes of World Bank. There are several OECD members who are also the members of the Organization of the Islamic Cooperation. it is expected that firms and corporations of members will comply with the OECD principles of corporate ...

Solution Summary

The answer to this problem explains the relevance of OECD principles of corporate governance. The references related to the answer are also included.

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