Issues Involving Corporate Transparency in the Saudi Capital Market

Khalid Saad Al-habshan

Abstract


In this article, disclosure and transparency issues in Saudi Arabia are discussed as they pertain to the Saudi capital market. Disclosure provisions in the CML and problems that result from inadequate disclosure are examined. Insider dealing, price manipulation and possible reforms of Saudi law are addressed. Finally, a brief account of voluntary disclosure and its impact on the mandatory disclosure of financial information by SSE-listed companies is given, as well as the WB’s findings on Saudi companies’ disclosure practices.

Full Text:

PDF


DOI: https://doi.org/10.5539/par.v6n2p21

Copyright (c) 2017 Khalid Saad Al-habshan

License URL: http://creativecommons.org/licenses/by/4.0

Public Administration Research  ISSN 1927-517X  (Print)  ISSN 1927-5188  (Online)  Email: par@ccsenet.org

Copyright © Canadian Center of Science and Education

To make sure that you can receive messages from us, please add the 'ccsenet.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.