Regulatory Alerts2023-12-28
CMA Releases 6th Edition of the State of Corporate Governance Report
The Capital Markets Authority's 6th annual State of Corporate Governance Report shows listed companies improved their weighted overall governance score to 75.71% in the 2022/2023 financial year. Thirty-one issuers reached the leadership category, with the Accountability, Risk Management, and Internal Control principle achieving the highest sector-wide performance. Notable growth occurred in the Investment and Investment services sector, which saw a 14.74% score increase, while most other sectors maintained good or leadership ratings.
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