Jordan Corporate Governance Regulations : Comparative Study
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 publicat...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank Group, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/06/24606836/jordan-corporate-governance-regulations-comparative-study http://hdl.handle.net/10986/22060 |
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okr-10986-22060 |
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| recordtype |
oai_dc |
| 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 |
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 |
| spellingShingle |
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 Jordan Institute of Directors Jordan Corporate Governance Regulations : Comparative Study |
| geographic_facet |
Middle East and North Africa Jordan |
| description |
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. |
| format |
Working Paper |
| author |
Jordan Institute of Directors |
| author_facet |
Jordan Institute of Directors |
| author_sort |
Jordan Institute of Directors |
| title |
Jordan Corporate Governance Regulations : Comparative Study |
| title_short |
Jordan Corporate Governance Regulations : Comparative Study |
| title_full |
Jordan Corporate Governance Regulations : Comparative Study |
| title_fullStr |
Jordan Corporate Governance Regulations : Comparative Study |
| title_full_unstemmed |
Jordan Corporate Governance Regulations : Comparative Study |
| title_sort |
jordan corporate governance regulations : comparative study |
| publisher |
World Bank Group, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2015/06/24606836/jordan-corporate-governance-regulations-comparative-study http://hdl.handle.net/10986/22060 |
| _version_ |
1764450066926403584 |
| spelling |
okr-10986-220602021-04-23T14:04:06Z Jordan Corporate Governance Regulations : Comparative Study Jordan Institute of Directors 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 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. 2015-06-24T22:37:53Z 2015-06-24T22:37:53Z 2013-06-09 Working Paper http://documents.worldbank.org/curated/en/2015/06/24606836/jordan-corporate-governance-regulations-comparative-study http://hdl.handle.net/10986/22060 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ International Finance Corporation World Bank Group, Washington, DC Publications & Research Publications & Research :: Working Paper Middle East and North Africa Jordan |