Practical reality of corporate governance in Syria


Abstract in English

The existence of an integrated legal system of any administrative structure does not necessarily mean the success of this administration as you can not apply the rules on the ground, and therefore an effective corporate governance system is based on a sound legal basis to be adopted by the Board of Professional Management, sponsor avoiding a lot of crises that might hinder the activity of the company. The concept of corporate governance has evolved in Syria after the establishment of the Securities Commission and the launching of Damascus Securities Exchange, and through governance standards issued by the Commission, which is constantly seeking to develop in line with the standards provided by international organizations and bodies concerned.

References used

Cadbury Report ,1992- Report of the Committee on the Financial Aspects of Corporate Governance . London, Dec , par. 2.5 . www.ecgn.org
Gregory,H. 2001- International Comparison Of Corporate Governance Guidelines and Codes of Best Practice in Developed Markets, New York
Key fi-ndings of the 16th European Corporate Governance Conference that took place in Riga on 13 May 2015- Corporate governance as a driver of growth in the digital era

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