Corporate Governance and Foreign Portfolio Investment in Saudi Arabia

A corporate governance system has been designed to ensure efficient operations of companies on behalf of share-holders. Good practices of corporate governance principles and high protection of investors would attract foreign portfolio investment. This study aims to investigate the effect of corporat...

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Main Author:	Ahmed, Mohammed Gubran Mohammed
Format:	Thesis
Language:	eng eng
Published:	2012
Subjects:	HD2709-2930.7 Corporations
Online Access:	https://etd.uum.edu.my/3183/1/MOHAMMED_GUBRAN_MOHAMMED_AHMED.pdf https://etd.uum.edu.my/3183/2/MOHAMMED_GUBRAN_MOHAMMED_AHMED.pdf
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id	my-uum-etd.3183
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Ku Ismail, Ku Nor Izah
topic	HD2709-2930.7 Corporations
spellingShingle	HD2709-2930.7 Corporations Ahmed, Mohammed Gubran Mohammed Corporate Governance and Foreign Portfolio Investment in Saudi Arabia
description	A corporate governance system has been designed to ensure efficient operations of companies on behalf of share-holders. Good practices of corporate governance principles and high protection of investors would attract foreign portfolio investment. This study aims to investigate the effect of corporate governance mechanisms (i.e. board size, board independence, audit committee size, audit committee independence and firm age) on foreign portfolio investment in Saudi listed firms for the year 2010. This study is significant due to the lack of empirical evidence regarding the field of corporate governance and foreign portfolio investment in Saudi firms since the Saudi code of corporate governance has been enacted in the late 2006. The results of the study show that board independence and audit committee independence are associated with foreign portfolio investment in Saudi listed firms. However, the corporate governance mechanisms, i.e. board size, audit committee size and firm age had no impact on foreign portfolio investment
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Ahmed, Mohammed Gubran Mohammed
author_facet	Ahmed, Mohammed Gubran Mohammed
author_sort	Ahmed, Mohammed Gubran Mohammed
title	Corporate Governance and Foreign Portfolio Investment in Saudi Arabia
title_short	Corporate Governance and Foreign Portfolio Investment in Saudi Arabia
title_full	Corporate Governance and Foreign Portfolio Investment in Saudi Arabia
title_fullStr	Corporate Governance and Foreign Portfolio Investment in Saudi Arabia
title_full_unstemmed	Corporate Governance and Foreign Portfolio Investment in Saudi Arabia
title_sort	corporate governance and foreign portfolio investment in saudi arabia
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2012
url	https://etd.uum.edu.my/3183/1/MOHAMMED_GUBRAN_MOHAMMED_AHMED.pdf https://etd.uum.edu.my/3183/2/MOHAMMED_GUBRAN_MOHAMMED_AHMED.pdf
_version_	1747827516330999808
spelling	my-uum-etd.31832022-04-10T06:00:24Z Corporate Governance and Foreign Portfolio Investment in Saudi Arabia 2012 Ahmed, Mohammed Gubran Mohammed Ku Ismail, Ku Nor Izah Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HD2709-2930.7 Corporations A corporate governance system has been designed to ensure efficient operations of companies on behalf of share-holders. Good practices of corporate governance principles and high protection of investors would attract foreign portfolio investment. This study aims to investigate the effect of corporate governance mechanisms (i.e. board size, board independence, audit committee size, audit committee independence and firm age) on foreign portfolio investment in Saudi listed firms for the year 2010. This study is significant due to the lack of empirical evidence regarding the field of corporate governance and foreign portfolio investment in Saudi firms since the Saudi code of corporate governance has been enacted in the late 2006. The results of the study show that board independence and audit committee independence are associated with foreign portfolio investment in Saudi listed firms. However, the corporate governance mechanisms, i.e. board size, audit committee size and firm age had no impact on foreign portfolio investment 2012 Thesis https://etd.uum.edu.my/3183/ https://etd.uum.edu.my/3183/1/MOHAMMED_GUBRAN_MOHAMMED_AHMED.pdf text eng public https://etd.uum.edu.my/3183/2/MOHAMMED_GUBRAN_MOHAMMED_AHMED.pdf text eng public masters masters Universiti Utara Malaysia Aggarwal,R., Erel,I., Ferreira,M., & Matos,P. (2010). Does Governance Travel Around The World? Evidence From Institutional Investors. Journal Of Financial Economics, 100(1), 154-181. 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Corporate Governance and Foreign Portfolio Investment in Saudi Arabia

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