A Comparative Analysis of the Corporate Governance Legislative Frameworks in Australia and Jordan Measured against the OECD Principles of Corporate Governance 2004 as an International Benchmark.

Abstract

The ultimate objective of this paper is to formulate a number of detailed and specific recommendations to the Jordanian Government. Jordan’s legislative framework for corporations received a significant shake-up a decade ago when the Jordanian Government began the process of implementing a privatisation program under the guidance of the World Bank and the International Monetary Fund. Despite a number of positive developments since this program was initiated, the Jordanian Government has continually failed to recognise the importance of promoting good corporate governance. There can be no doubt that the Jordanian companies’ legislation is in desperate need of reform. The vast majority of the provisions are ambiguous and lack the necessary detail to regulate the complex sphere of company law.

Date of Award	2 Jun 2007
Original language	English
Supervisor	John Lessing (Supervisor)