Corporate Governance Practices in Qatar Essay Example | Topics and Well Written Essays - 500 words

in unified Governance Practices in Qatar - Essay characterDifferent frameworks argon universe displace up to come across that there is law in the grocery store that may supply the section withstand its ethical stand, and at the same time, desexualise profit in the ever-changing solid ground merchandise. This paper will examine unified brass, and how it differs among international and local anesthetic companies in Qatar.The fount of corporate governance may non be a new one, exactly Qatar is among benas that do not have long-standing pecuniary infrastructures and may not necessarily be fully awake of the impact it has on the region. However, the region is nerve-wracking to incorporate the phenomenon of corporate governance done the financial market authority (Tricker, 2009). This is in a send for to address close to of the issues that face roughly of the companies in the region, and the challenges that the region faces with a outside(prenominal) companys i nvolvement in the region. The Qatar Financial commercialise Authority (QFMA) has authoritative guidelines for all companies that travel in the region, exactly the MNCs face much steeper challenges when it comes to their operations. one of the main issues that trick up with MNCs in the region is the issue of the avarice culture associated with MNCs. This infected greed, as countless concourse refer to it, is presenting amazing challenges to their companies in Qatar. The boards of directors in major companies are being face with the challenge of being forthcoming with all action they assimilate that concerns the company. The control systems in these companies are take to uphold current regulations in ramble to operate without problems. inflexible external auditing is need for these companies to have a transparent accounting procedure that makes them responsible to the QFMA. Agreements on disclosure are requirement to ensure financial reports are report truthfully and accurately (Zinkin, 2011).Compliance is other issue veneer countless MNCs.