Degree of Commitment to Implement the International Principles of Corporate Governance at the Privet Banks in Syria


Abstract in English

The purpose of this study is to Measure Syrian privet banks commitment to the International corporate governance principles which involve the principles of the Organization of Economic Cooperation and Development (OECD) and the principles of Basel Committee for banking supervision, and that is according to the opinions of the investors, employees, auditors and regulators as stakeholders in these banks through preparing a questionnaire which had been refined and verified of its credibility. The study concluded two main results, which are that Syrian privet Banks are not committed to the international principles of corporate governance whether OECD or the Basel Committee Principles. This means that the commitment to these principles is merely a legal obligation inform that does not not affect in results the members of the sample. Finally the study came up with a number of Recommendations, that can lead to improve the reality corporate governance practices of the private banks in Syria.

References used

OECD,2004-Principles of Corporate Governance.Oecd, Paris,p 17-24
ALEXANDER,A& DUHMALE,R,2001-Enhancing Corporate Governance for Financial Institutions-The Role of International Standards. working paper,ESRC Center for Business Research,University of Cambridge,p33
Basel Committee on Banking Supervision ,2006-Enhancing corporate governance for banking organisation,Bank for International Settlements, Switzerland.p6
Basel Committee on Banking Supervision ,2010-Principles for enhancing corporate governance,Bank for International Settlements, Switzerland.p5
www.scfms.sy موقع هيئة الأوراق و الأسواق المالية السورية

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