SACM - United Kingdom
Permanent URI for this collectionhttps://drepo.sdl.edu.sa/handle/20.500.14154/9667
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Item Restricted The Role of Shareholders in Corporate Governance in Saudi Arabia Within the Framework of Saudi Vision 2030: An Analysis Study.(King's College London, 2024-08-31) Alsawadi, Osama; Fares M, Tamara NThe present study examines the role of shareholders in corporate governance within the context of Saudi Arabia’s Vision 2030. It analyses the functions and responsibilities of shareholders and how they influence and oversee company management. The study adopts both doctrinal and non-doctrinal approaches to explore the theoretical foundations of corporate governance, shareholders' rights and the legal environment in the country. The findings indicate the critical roles of shareholders as providers of capital, electors of directors, monitors of company performance and recipients of profits. They are entitled to fundamental rights, including voting on significant issues, access to information and receiving dividends. Saudi Arabia has recently enhanced legal shareholder protection through the 2015 Companies Law and the 2017 Corporate Governance Regulation. These policies have strengthened shareholders' voting rights, access to information and ability to influence major corporate decisions. However, minority shareholders continue to face challenges in environments with concentrated ownership. These issues include the lack of regulation enforcement, limited shareholder involvement and technological barriers. The study also suggests legal reforms to improve the position of minority shareholders, increase monitoring and penalties, initiate shareholder awareness and engagement and enhance access via technology. Overall, these insights are valuable for shaping policy and guiding corporate practices in Saudi Arabia, aligning with the ambitious goals of Vision 2030 to enhance governance and integrate global best practices. Keywords: Saudi Arabia, corporate, governance, shareholders, regulations, company, law.16 0Item Restricted Legal implications of digital currency on traditional commercial transactions(Bangor University, 2024) Alshehri, Mohammad; Andrew, BakerThe dissertation examined the legal implications of digital currency integration into traditional commercial transactions and proposed regulatory adaptations to address the connected challenges. The dissertation adopted a secondary research methodology with a doctrinal legal research approach and analysed data from academic journals, industry documents and regulatory reports. The legal aspect of the study, including legislation and case laws, was analysed using the doctrinal legal research method. Thematic analysis of the secondary sources helped to synthesise the findings to respond to the five key research questions on the evolution of UK laws on money digitisation, regulatory challenges and integration into traditional contractual frameworks, implications for consumer protection and regulatory compliance and lastly, policy recommendations. The findings indicated that even though digital currencies are beneficial as they enhance data privacy, are cost-effective and leverage the gains of smart contracts, major challenges like regulatory uncertainty and legal ambiguities remain. The dissertation recommended policies such as establishing guidelines for adaptive regulation, strengthening AML measures, enforcing fair and transparent practices, promoting standards for data privacy and security and launching consumer education programmes. The implications of the study extend to financial institutions, regulators, policymakers and consumers, with the suggestion that digital currency integration into traditional financial systems calls for clear regulatory adaptation. Future research should assess the success of collaborative efforts among stakeholders and analyse the wider economic impacts of digital currency integration21 0