Book Review: Corporate Governance of Listed Companies in Kuwait: A Comparative Study with United Kingdom, Saudi and Qatar Codes
Corporate governance in has evolved from a voluntary framework into a mandatory, rules-based system primarily governed by the Capital Markets Authority (CMA) and the Central Bank of Kuwait (CBK). This essay examines Kuwait’s regime in comparison with the United Kingdom, Saudi Arabia, and Qatar, highlighting a regional shift toward international standards. The Kuwaiti Framework: CMA and CBK Regulation Book Review: Corporate Governance of Listed Companies in
For the international investor, the link between these four codes is a spectrum of trust. The UK sits at the top (high trust, low friction). Kuwait sits at the bottom—not because its written code is bad, but because the culture of compliance is weak. The UK sits at the top (high trust, low friction)
: A person cannot chair more than one public shareholding company in Kuwait or serve on more than five boards locally. Shareholder Rights Shareholder Rights