published by The Global Corporate Governance Forum, March 23rd, 2011.
This new publication presents real-world, practical examples of how companies in Middle East and North Africa (MENA) region overcame barriers and improved their governance practices in ways that benefited performance and growth. The featured companies have taken an incremental, nuanced approach, focusing on the corporate governance improvements most applicable and relevant for their size, industry, market, ownership structure, and corporate strategy. The cases demonstrate how key principles can be translated into actual practice to elicit tangible results.
The guide is based on interviews conducted with medium-sized enterprises, larger companies, and banks in MENA. A conscious effort was made to include family-owned companies in this guide, along with state-owned enterprises, companies with private equity interests, and other forms of ownership.
The publication is accompanied by a short video that tells the corporate governance story of two companies — NCA Rouiba in Algeria and Nuqul Group in Jordan. It highlights why and how these companies implemented corporate governance practices and the concrete benefits from these changes.