TY  - CHAP
AB  - This paper investigates the Saudi market and the ownership structures of listed firms within the Saudi context. This paper examines the historical phases of evolution of the Saudi market since the first flotation of a Saudi firm in 1935 to date. The data reveals high ownership by families and the government (30%) in the total companies listed. This paper also underscores the capacity of the Saudi market to develop into one of the leading stock exchange markets in the Middle East and East Asia. The discussion concludes that the Saudi market needs greater transparency, better legal frameworks, corporate governance codes, and more regulation, so as to realise its potential.
VL  - 9
SN  - 978-0-76231-133-0, 978-1-84950-289-4/1569-3732
DO  - 10.1016/S1569-3732(04)09007-3
UR  - https://doi.org/10.1016/S1569-3732(04)09007-3
AU  - Alajlan Waleed
ED  - Mark Hirschey
ED  - Kose John and
ED  - Anil  K. Makhija
PY  - 2004
Y1  - 2004/01/01
TI  - OWNERSHIP PATTERNS AND THE SAUDI MARKET
T2  - Corporate Governance
T3  - Advances in Financial Economics
PB  - Emerald Group Publishing Limited
SP  - 161
EP  - 186
Y2  - 2024/04/24
ER  -