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Corporate Announcements

Latest corporate announcements coverage from CorpWire.

Corporate Announcements
Corporate Announcements

Audit committee chairman characteristics and governance reform jointly influence the ESG disclosure levels of Saudi enterprises.

A new study finds that in Saudi Arabia, independent and experienced audit committee chairs can significantly enhance the quality of ESG disclosure, and the "Vision 2030" corporate governance reforms of 2017 further strengthened this positive effect while weakening the negative impact of interlocking directorates.

Hiroshi Tanaka2 min read
Corporate Announcements

New research: Independent and experienced audit committee chairs significantly enhance ESG disclosure levels among Saudi companies.

A study based on Saudi listed companies found that the independence and professional experience of the audit committee chair have a significant positive impact on ESG disclosure quality, and the 2017 corporate governance reform further strengthened this effect while weakening the negative impact of interlocking director appointments.

David Sterling2 min read
Corporate Announcements

ICI supports the U.S. SEC’s proposed registered offering reforms, saying they help enhance capital formation and market access

The Investment Company Institute (ICI) has issued a statement on the U.S. Securities and Exchange Commission’s (SEC) proposed reforms to registered offerings, saying the related adjustments are expected to reduce compliance costs, expand issuance channels for closed-end funds and business development companies, and improve the efficiency of public market financing.

Sarah Al-Fahad3 min read