Title: The application of corporate governance rules in the UAE

Authors: Mahmoud Nassar; Ammar Jreisat

Addresses: College of Business, Al Ain University, Abu Dhabi, UAE ' College of Business, Al Ain University, Abu Dhabi, UAE

Abstract: The main objective of this study is to measure the compliance of corporate governance rules in UAE, and their correspondence with the global governance rules. To achieve this, questionnaires were designed and distributed over all companies listed in both Dubai and Abu Dhabi markets. In the study methodology, the researcher distributed around (197) questionnaires for the study sample consisted of board of directors' members in the companies, general managers, financial managers who have relation to the application of governance rules inside companies. Results showed that UAE companies comply with the application of governance rules of all study variables that hadn't any effect with a statistical significance (company size measured with the current number of the company's employees, sector type and ownership type) on the mechanisms of governance system application in the UAE companies.

Keywords: corporate governance; UAE companies; audit committee; board of directors; risk management; ownership; social responsibility.

DOI: 10.1504/IJEBR.2020.106522

International Journal of Economics and Business Research, 2020 Vol.19 No.3, pp.223 - 244

Received: 30 Mar 2019
Accepted: 21 May 2019
Published online: 09 Apr 2020 *

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