Qatar is not immune to corporate frauds and resulting business failures experienced elsewhere in the world, a seminar held on corporate governance here recently was told by a prominent speaker.
The opening of the Doha Securities Market (DSM) has substatially increased risk for abuse and need for transparency in management's actions of listed companies and implementation of formal coprporate governance programmes.
This was stated by William Vaughn, president of Qatar Chapter of US-based Institute of Internal Auditors (IIA), addressing a symposium held in a hotel in Doha recently.
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