Title: Corporate governance in India and some selected Gulf countries

Authors: Faozi A. Almaqtari; Mohd. Shamim; Hamood Mohd. Al-Hattami; Saleem Ahmed Aqlan

Addresses: Department of Accounting, Hodeidah University, Hodeidah, 03, Yemen ' Department of Commerce, Aligarh Muslim University, Aligarh 202001, UP, India ' Department of Commerce, Dr. Babasaheb Ambedkar Marathwada University (BAMU), Aurangabad, India; Department of Accounting, Hodeidah University, Yemen ' Department of Commerce, Dr. Babasaheb Ambedkar Marathwada University (BAMU), Aurangabad, MH, India

Abstract: The present study highlights corporate governance practices in India and GCC countries. More importantly, this study discusses corporate governance codes in India and GCC countries in a comparative manner to compare these countries based on their corporate governance codes. The current study has potential implications for stock markets, policymakers and academicians in the GCC and India. The study focuses on the regulatory mechanisms of corporate governance that have to be implemented by listed firms in India and GCC countries. Some companies still have some deviations from the requirements of corporate governance regulations. Accordingly, regulators and policymakers could give more consideration for compliance and disclosure with these codes. This study brings reflective insights related to corporate governance mechanisms particularly, from developing countries context, i.e., GCC member states, and India. The present study adds to the existing stock of knowledge by highlighting the regulatory requirements of corporate governance codes in India and some GCC countries after the amendments of corporate governance codes in these countries.

Keywords: corporate governance code; corporate governance mechanisms; India; GCC.

DOI: 10.1504/IJMFA.2020.109135

International Journal of Managerial and Financial Accounting, 2020 Vol.12 No.2, pp.165 - 185

Received: 27 Jan 2020
Accepted: 08 Apr 2020
Published online: 21 Aug 2020 *

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