GOOD CORPORATE GOVERNANCE, SUSTAINABILITY AND RESPONSIBLE COMPETITIVENESS
integrate sustainability at the governance level. We will be pleased to work together with partners who also wish to enhance their sustainability governance and management practices, and we will be pleased to engage government in dialogues on integrating good governance and sustainability to the greatest extent in policy, strategy, investments and practice. In so doing, we can collectively, in the Kingdom of Saudi Arabia and the region, contribute to greater competitiveness – a more responsible competitiveness – that leads us to a sounder global system and a more prosperous and sustainable tomorrow.
Endnotes 1.
Knowledge@Wharton (2007): The Impact of Good Governance on International Investing: The 'Home Bias' Effect and Other Issues. Knowledge@Wharton, July 25, 2007, http://knowledge.wharton.upenn.edu/article.cfm?articleid=1781
2. IFC (2006): The irresistible case for good governance. International Finance Corporation, Investor and Corporate practice, http://www.ifc.org/ifcext/pepse.nsf/ AttachmentsByTitle/IrresistibleCase4CG.pdf/$FILE/IrresistibleCase4CG.pdf 3. Nevell, R. and Wilson, G (2002): A premium for good governance. The McKinsey Quarterly, 2002, Nº 3, http://cnv1.conaval.gob.pa/Gobierno%20Corporativo/Premiumforgoodgovernance.pdf 4. Kirkpatrick, G. (2009): The corporate governance lessons from the financial crisis. Organization for Economic Cooperation and Development: Paris, http://www.oecd.org/dataoecd/32/1/42229620.pdf 5. Nevell, R. and Wilson, G (2002): A premium for good governance. The McKinsey Quarterly, 2002, Nº 3 http://cnv1.conaval.gob.pa/Gobierno%20Corporativo/ Premiumforgoodgovernance.pdf 6. Kirkpatrick, G. (2009): The corporate governance lessons from the financial crisis. Organization for Economic Cooperation and Development: Paris. http://www.oecd.org/dataoecd/32/1/42229620.pdf 7.
OECD (2004): OECD Principles of Corporate Governance. Organization for Economic Cooperation and Development: Paris. http://www.oecd.org/dataoecd/32/18/31557724.pdf
8. Al-Sayari H. (2007): Corporate governance for banks in the Kingdom of Saudi Arabia. Speech by His Excellency Hamad Al-Sayari, Governor of the Saudi Arabian Monetary Agency at the High-Level Roundtable Discussion for Bank Executives on “Corporate Governance for Banks in the Kingdom of Saudi Arabia, Institute of Banking, Riyadh, 22-23 May 2007. http://www.bis.org/review/r070724b.pdf 9. Standard & Poor's (2009): Rated Gulf Islamic Financial Institutions And Takaful Companies Have Shown Resilience To Global Market Dislocation, But They Are Not Risk Immune. Standard & Poor's Ratings Services, Friday, 27 February 2009, http://www.islamicfinance.de/?q=node/334 Responsible Competitiveness in the Arab World 2009 87