HE the Executive President of the Capital Market Authority has confirmed that corporate Governance and the wise governance shall emanate from the conviction of the companies of its importance so as the implementation would be a conscious act and real desire to ensure performance advancement and higher levels of confidence and protection to all the parties.
HE said the Sultanates experience in corporate governance which is more than 10 years was positive and interactive on the part of the companies.
HE Sheikh Abdullah Salim Al Salmi, Executive President said in an interview on the evolvement of corporate governance on the occasion of launching the 4th edition of corporate governance excellence award that a team is working on redrafting a new code for corporate governance to cope with the requirements of the new economic phase of our renaissance adding that the code is in the final stages. He talked about the importance of corporate governance and expanding implementation scope to include government and family companies.
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