Corporate Governance Country Assessment : Jordan
This report provides an assessment of Jordan's corporate governance policy framework, enforcement and compliance practices. Strengths and weaknesses are highlighted and policy recommendations are made where appropriate. Much progress was made...
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| Format: | Corporate Governance Assessment (ROSC) |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/06/6579486/jordan-report-observance-standards-codes-rosc-corporate-governance-country-assessment http://hdl.handle.net/10986/14522 |
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okr-10986-145222021-04-23T14:03:18Z Corporate Governance Country Assessment : Jordan World Bank ACCOUNTING ACCOUNTING STANDARDS ADMINISTRATIVE SANCTIONS AFFILIATED COMPANIES AFFILIATED FIRMS AUDIT COMMITTEES AUDITING AUTHORITY AUTHORIZATION AUTHORIZED CAPITAL BANKING LAW BANKING SUPERVISION CAPITAL MARKETS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CAPITALIZATION CASH SETTLEMENT COMMERCIAL BANKS COMPANY COMPANY LAW COMPETITORS CORPORATE CONTROL CORPORATE GOVERNANCE CORPORATION CORPORATIONS COUNCIL OF MINISTERS COURT DECISION MAKING DISCLOSURE DISCLOSURE REQUIREMENTS DISCLOSURE RULES DIVIDENDS EMERGING MARKETS ENFORCEMENT POWERS ENVIRONMENTAL POLICIES EXTERNAL AUDITORS EXTRAORDINARY SHAREHOLDERS FOREIGN INVESTORS FOREIGN OWNERSHIP FOREIGN SHAREHOLDERS INADEQUATE DISCLOSURE INSIDER INFORMATION INSIDER TRADING INSTITUTIONAL FRAMEWORK INSTITUTIONAL INVESTORS INSURANCE INTERNAL CONTROLS INTERNATIONAL FINANCE INVESTMENT CLIMATE LAWS LEGAL FORM LEGAL FRAMEWORK LIQUIDATION LISTED COMPANIES MANDATES MERGERS MINORITY SHAREHOLDERS MUTUAL FUNDS OWNERSHIP DISCLOSURE REQUIREMENTS OWNERSHIP STRUCTURE PENALTIES PREEMPTIVE RIGHTS PRIVATE COMPANIES PRIVATIZATION PROFITABILITY REGULATORY BODIES REGULATORY FRAMEWORK REPRESENTATIVES RISK FACTORS SAVINGS SHARE CAPITAL SHAREHOLDER MEETINGS SHAREHOLDING SOCIAL SECURITY STATEMENT STATEMENTS SUBSIDIARIES SUBSIDIARY TRANSPARENCY TREASURY STOCK VETO VOTING This report provides an assessment of Jordan's corporate governance policy framework, enforcement and compliance practices. Strengths and weaknesses are highlighted and policy recommendations are made where appropriate. Much progress was made in the regulatory environment in the 1990s, since the creation of the Jordan Securities Commission, the Amman Stock Exchange, and the Securities Depository Center. The report identifies several key next steps that focus on implementation, including: (i) developing a Code of Corporate Governance that focuses on the role, duties, and functions of the board; (ii) focused enforcement of the disclosure provisions, with continued emphasis on a review of content; (iii) revision of the Company Law to bring the policy framework into greater compliance with the OECD Principles, and (iv) a review of the regulatory jurisdictions of the three main regulatory bodies that oversee corporate governance. Together, these measures will bring Jordan into the mainstream of the worldwide corporate governance reform movement and provide new opportunities for issuers to implement international good practice. 2013-07-24T16:59:07Z 2013-07-24T16:59:07Z 2004-06 http://documents.worldbank.org/curated/en/2004/06/6579486/jordan-report-observance-standards-codes-rosc-corporate-governance-country-assessment http://hdl.handle.net/10986/14522 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Corporate Governance Assessment (ROSC) Economic & Sector Work Middle East and North Africa Jordan |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING ACCOUNTING STANDARDS ADMINISTRATIVE SANCTIONS AFFILIATED COMPANIES AFFILIATED FIRMS AUDIT COMMITTEES AUDITING AUTHORITY AUTHORIZATION AUTHORIZED CAPITAL BANKING LAW BANKING SUPERVISION CAPITAL MARKETS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CAPITALIZATION CASH SETTLEMENT COMMERCIAL BANKS COMPANY COMPANY LAW COMPETITORS CORPORATE CONTROL CORPORATE GOVERNANCE CORPORATION CORPORATIONS COUNCIL OF MINISTERS COURT DECISION MAKING DISCLOSURE DISCLOSURE REQUIREMENTS DISCLOSURE RULES DIVIDENDS EMERGING MARKETS ENFORCEMENT POWERS ENVIRONMENTAL POLICIES EXTERNAL AUDITORS EXTRAORDINARY SHAREHOLDERS FOREIGN INVESTORS FOREIGN OWNERSHIP FOREIGN SHAREHOLDERS INADEQUATE DISCLOSURE INSIDER INFORMATION INSIDER TRADING INSTITUTIONAL FRAMEWORK INSTITUTIONAL INVESTORS INSURANCE INTERNAL CONTROLS INTERNATIONAL FINANCE INVESTMENT CLIMATE LAWS LEGAL FORM LEGAL FRAMEWORK LIQUIDATION LISTED COMPANIES MANDATES MERGERS MINORITY SHAREHOLDERS MUTUAL FUNDS OWNERSHIP DISCLOSURE REQUIREMENTS OWNERSHIP STRUCTURE PENALTIES PREEMPTIVE RIGHTS PRIVATE COMPANIES PRIVATIZATION PROFITABILITY REGULATORY BODIES REGULATORY FRAMEWORK REPRESENTATIVES RISK FACTORS SAVINGS SHARE CAPITAL SHAREHOLDER MEETINGS SHAREHOLDING SOCIAL SECURITY STATEMENT STATEMENTS SUBSIDIARIES SUBSIDIARY TRANSPARENCY TREASURY STOCK VETO VOTING |
| spellingShingle |
ACCOUNTING ACCOUNTING STANDARDS ADMINISTRATIVE SANCTIONS AFFILIATED COMPANIES AFFILIATED FIRMS AUDIT COMMITTEES AUDITING AUTHORITY AUTHORIZATION AUTHORIZED CAPITAL BANKING LAW BANKING SUPERVISION CAPITAL MARKETS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CAPITALIZATION CASH SETTLEMENT COMMERCIAL BANKS COMPANY COMPANY LAW COMPETITORS CORPORATE CONTROL CORPORATE GOVERNANCE CORPORATION CORPORATIONS COUNCIL OF MINISTERS COURT DECISION MAKING DISCLOSURE DISCLOSURE REQUIREMENTS DISCLOSURE RULES DIVIDENDS EMERGING MARKETS ENFORCEMENT POWERS ENVIRONMENTAL POLICIES EXTERNAL AUDITORS EXTRAORDINARY SHAREHOLDERS FOREIGN INVESTORS FOREIGN OWNERSHIP FOREIGN SHAREHOLDERS INADEQUATE DISCLOSURE INSIDER INFORMATION INSIDER TRADING INSTITUTIONAL FRAMEWORK INSTITUTIONAL INVESTORS INSURANCE INTERNAL CONTROLS INTERNATIONAL FINANCE INVESTMENT CLIMATE LAWS LEGAL FORM LEGAL FRAMEWORK LIQUIDATION LISTED COMPANIES MANDATES MERGERS MINORITY SHAREHOLDERS MUTUAL FUNDS OWNERSHIP DISCLOSURE REQUIREMENTS OWNERSHIP STRUCTURE PENALTIES PREEMPTIVE RIGHTS PRIVATE COMPANIES PRIVATIZATION PROFITABILITY REGULATORY BODIES REGULATORY FRAMEWORK REPRESENTATIVES RISK FACTORS SAVINGS SHARE CAPITAL SHAREHOLDER MEETINGS SHAREHOLDING SOCIAL SECURITY STATEMENT STATEMENTS SUBSIDIARIES SUBSIDIARY TRANSPARENCY TREASURY STOCK VETO VOTING World Bank Corporate Governance Country Assessment : Jordan |
| geographic_facet |
Middle East and North Africa Jordan |
| description |
This report provides an assessment of
Jordan's corporate governance policy framework,
enforcement and compliance practices. Strengths and
weaknesses are highlighted and policy recommendations are
made where appropriate. Much progress was made in the
regulatory environment in the 1990s, since the creation of
the Jordan Securities Commission, the Amman Stock Exchange,
and the Securities Depository Center. The report identifies
several key next steps that focus on implementation,
including: (i) developing a Code of Corporate Governance
that focuses on the role, duties, and functions of the
board; (ii) focused enforcement of the disclosure
provisions, with continued emphasis on a review of content;
(iii) revision of the Company Law to bring the policy
framework into greater compliance with the OECD Principles,
and (iv) a review of the regulatory jurisdictions of the
three main regulatory bodies that oversee corporate
governance. Together, these measures will bring Jordan into
the mainstream of the worldwide corporate governance reform
movement and provide new opportunities for issuers to
implement international good practice. |
| format |
Economic & Sector Work :: Corporate Governance Assessment (ROSC) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Corporate Governance Country Assessment : Jordan |
| title_short |
Corporate Governance Country Assessment : Jordan |
| title_full |
Corporate Governance Country Assessment : Jordan |
| title_fullStr |
Corporate Governance Country Assessment : Jordan |
| title_full_unstemmed |
Corporate Governance Country Assessment : Jordan |
| title_sort |
corporate governance country assessment : jordan |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2004/06/6579486/jordan-report-observance-standards-codes-rosc-corporate-governance-country-assessment http://hdl.handle.net/10986/14522 |
| _version_ |
1764429185974009856 |