Title Corporate governance of banks in Libya / Ali Elfadli.

Descript 1 online resource Series De Gruyter studies in corporate governance ; volume 1 Contents Frontmatter -- Contents -- 1. Introduction -- 2. Corporate Governance Disclosure -- 3. The Libyan Context -- 4. The Corporate Governance Theoretical Framework -- 5. Analysis of Annual Reports and Websites of LCBs -- 6. Discussion and Conclusion -- References -- List of Figures -- List of Tables -- List of Abbreviations -- Index Note In English. Summary This book represents a response to a relative lack of academic research into corporate governance and especially corporate governance disclosure in the Middle East and North Africa (MENA). Specifically, the author explores recent developments in corporate governance disclosure produced by Libyan commercial banks. Along with other corporate governance mechanisms, disclosure plays an essential role in discharging accountability to and protecting shareholders, enhancing corporate performance and reducing the risk of financial crises. In order to improve corporate governance disclosure, it is necessary to understand the context in which it takes place. The MENA countries have unique characteristics, and those involved in the Arab Spring have been affected in different ways. This book provides up to date research into corporate governance disclosure in the context of Libya following the Arab Spring. The banking sector plays a crucial role in the Libyan economy and has specific characteristics which make corporate governance more important than in other sectors, yet research in this sector is rare. Furthermore, the banking sector in Libya has seen significant corporate governance reforms in recent years. As one of the most significant oil producing countries, Libya's political and business environments have been dramatically affected by the Arab Spring. The author discusses how banks have responded to these reforms and the ways in which their corporate governance disclosure has evolved. Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - Worldwide Subject Banks and banking -- Libya. Corporate governance -- Libya. Disclosure of information -- Law and legislation -- Libya. BUSINESS & ECONOMICS -- Corporate Governance. Banks and banking. (OCoLC)fst00826867 Corporate governance. (OCoLC)fst00879649 Disclosure of information -- Law and legislation. (OCoLC)fst00894874 Libya. (OCoLC)fst01205534 ISBN 9783110599657 (electronic book) 3110599651 (electronic book) 3110602113 (electronic book) 9783110602111 (electronic bk.)