The problem of this research focuses on the following problem:
How far the application of corporate governance has contributed to the group's expanding growth and establish the principle of disclosure and transparency.
The goal of this study is to focus on the way the continuity of the family business is affected by transferring the power and management of the company to the next generation, by investigating the factors that might relate to the succession process
explore the Saudi context Family businesses in Saudi Arabia in general, and specifically the succession issues in companies facing the transition time when the new generation start joining the businesses and the experiences of first, second or third generation family business owners have not yet been explored in depth.
The research objectives can be summarized as follows:
1- Identify the concept of corporate governance and the various elements associated with it
2- Highlight the role of corporate governance in activating the Board of Directors and establishing the principle of disclosure and transparency;
3- Identify the application of corporate governance in a family-owned business.
4- To investigate the succession process of the family business in Saudi Arabia.
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