Understanding about corporate governance and its implications to the region's private and public sectors comprise one of Hawkamah's main programs. As one of its products and services, Hawkamah provides analysis, research and technical assistance by commissioning regional and national surveys and research, confidentially engaging with key stakeholders on assessments and development of corporate governance improvement plans, and producing codes and reports.
Providing as a reality check on the corporate governance reforms being introduced in the region, the IFC/Hawkamah Survey of CEOs and in partnership with Diligent, asks the tough questions as to what extent are the region's corporations willing to take the next steps of corporate governance implementation.
The seminal reports comprising of individual country reports for Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates and a comparative survey, published in Arabic and English, identify key corporate governance issues facing individual countries; provides detailed analyses of their corporate governance frameworks; and offers recommendations for improving the corporate governance environment in the countries.
Corporate governance, in its simplest definition, is the way corporations are steered, directed, managed, and controlled. And at the very heart of corporate governance is the Board of Directors. The publication Power Matters: A Survey of GCC Boards produced by The National Investor with the support of Hawkamah, is a ground breaking, first ever empirical research that analyses boards of some 582 companies in the GCC, with 3,493 individuals occupying 4,254 board seats of listed companies in the Gulf. Power Matters identifies some of the key trends in the region's boards, particularly on board composition, the participation of women in boards, and the role of families on boards.