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مجلس الإدارة وتعزيز حوكمة شركات المساهمة العامة وفقًا لقانون الشركات التجارية العماني رقم 18/2019

Authors

  • أفلح الشعيبي طالب

DOI:

https://doi.org/10.31436/jia.v19i2.1093

Keywords:

Governance Corporate, Disclosure, Transparency, Omani Commercial Companies Law18/2019.

Abstract

This research aims to strengthen and develop the rules of corporate governance for corporate companies in the Sultanate of Oman, which are stated in the Omani Commercial Companies Law No. 18/2019, corporate companies Regulations No. 27 of 2021, and the corporate Companies Governance Charter No. (E/4/2015). In addition, this research paper included the detection and avoidance of shortcomings related to the rules of governance on the directors’ board of corporate companies in the Sultanate of Oman in terms of the composition of the board and its conditions, duties, and responsibilities, in addition to the concept of governance. The researcher concluded that with the continuous developments in the rules of corporate companies’ governance in the Omani Commercial Companies Law, which is not sufficient and the need for further continuation in strengthen and develop the corporate governance of corporate companies.

References

أبحاث ومجلات

Sunny Hafiza, Maymoon Iman. (2017). The role of international principles of corporate governance according to the International Organization for Economic Cooperation and Development in reducing fraudulent accounting practices, a field study of a sample of Algerian institutions. Journal of Development and Applied Economics - University of Al Msila, No. 2, Algeria.

Mustafa Youssef Cafe Wa Collar Cafe Wa Iman Burbea. (2018). Institutional Governance, 1st Edition. Algeria: Alpha Documents Publications.

Boufateh Balqasem and Al Aroos Al Khadra. (2017 AD). The Role of the Board of Directors in the Framework of Corporate Governance, Al-Maqrizi Journal for Economic and Financial Studies, V1, Issue 2, Algeria.

Al-Mahi, Hussein. (2009). Corporate Governance and Bankruptcy Prevention, Research Presented at the Thirteenth Annual International Conference of the Faculty of Law – Al-Mansoura University, Legal and Economic Aspects of the Global Financial Crisis, Egypt.

Saudi Capital Market Authority, Corporate Governance https://cma.org.sa/Awareness/Publications/booklets/Booklet_13.pdf.

Aznan Hasan.and Harith Amir Hasan Al Timimi Corporate Governance in Shareholding Companies: Comparing Legal Perspective and Position of Shari’ah. GJAT | DECEMBER 2015 | VOL 5 ISSUE 2 | ISSN : 2232-0474 | E-ISSN : 2232-0482.

المؤتمرات:

Muhammad Ghadr Muhammad Yassin. (2012). Determinants and Criteria of Governance, International Scientific Conference, Globalization of Management in the Age of Knowledge, Al-Jinan University, College of Business Administration, Tripoli, Lebanon.

الجرائد:

Miqdadi, Adel, Number of Board Members and Term of Membership in Joint Stock Companies, Oman Newspaper, Issue(14163) March 12,2020.

Haider bin Abdul Redha Al Lawati, Enhancing the Concept of Corporate Governance, December 7 / 2019. Oman Newspaper, https://www.omandaily.om/?p=750233.

Taha Zahran, Rights in Rem in Omani Law, Al-Ru’ya Newspaper, April 22, 2019. https://alroya.om.

الرسائل الجامعية:

Al-Darmaki, Salem Muhammad Khalfan. (2008). The legal system of the board of directors of public shareholding companies in the Sultanate of Oman, a comparative study with the Egyptian law. PhD thesis in Law, Beni Suef University, Faculty of Law, Dar Al-Nahda, Department of Graduate Studies, Egypt

الكتب:

El-Zayyat, Ahmed Hassan et al. (D.T) Arabic Language Academy, General Administration of Complexes and Heritage Revival, Intermediate Dictionary (D.T) Turkey: Islamic Library, v1.

Abdel-Wadood, Yehia. (1999). Summary in the general theories of obligations (sources, judgments, proof - Section one: source of obligation), d.t , Cairo: Arabian Dar Al-nahda, and Abu Saud, Ramadan. (1986). Introduction to law, especially Egyptian and Lebanese, Eladr El-gamaya.

القوانين:

The Omani Commercial Companies Law promulgated by Royal Decree No. (18/2019), published in the Official Gazette Issue (1281), dated 17/2/2019.

Corporate Governance Charter for Public Shareholding Companies. Issued pursuant to Circular No. (kh/4/2015) on 7/22/2015.

Public Shareholding Companies Regulations for the Executive Regulations of the Commercial Companies Law. Resolution No. 27/ 2021 published in the Official Gazette lssue (1381).

Qatari Commercial Companies Law. No. (9) of 1998 as amended in accordance with the provisions of Commercial Companies Law No. (5) of 2002, as amended by Law No. (16).

The new Omani Bankruptcy Law No. 53/2019 issued on July 1, 2019.

Algerian Commercial Companies Law, No. 93/08, published in the Official Gazette of April 27, 1993, lssue22.

Omani Supreme Court Decision No. 84 in Appeal No. 187/2002, session 21/5/2005/ Technical Office Group of the Supreme Court, (Judgments of the Commercial Department and principles derived from it up to December 31, 2003), AD, Al Nahda Press, 2004.

المراجع الأجنبية:

Corporate Governance in Belgium, Governances Committee https://www.corporategovernancecommittee.be/sites/default/files/generated/files/page/2020_belgian_code_on_corporate_governance.pdf

Ewing Marion Kauffman Foundation https://sites.google.com/somaiya.edu/jointstockcompany/structural-organisation-of-the-joint-stock-company/board-of-directors

OECD Principles on Corporate Governance, Part 1.

Published

2022-12-17

Versions

How to Cite

الشعيبي أ. (2022). مجلس الإدارة وتعزيز حوكمة شركات المساهمة العامة وفقًا لقانون الشركات التجارية العماني رقم 18/2019. Journal of Islam in Asia (E-ISSN 2289-8077), 19(2). https://doi.org/10.31436/jia.v19i2.1093

Issue

Section

Arabic Articles