Qatar needs to amend some key provisions of its laws regulating the stock market to ensure that the listed companies comply with the global norms of corporate governance, a prominent Egyptian economist said here yesterday.
The first and foremost thing a listed firm here and the rest of the GCC region should do is to have at least one-fourth of its board members from among non-shareholders.
International corporate governance norms clearly specify that a listed company should have Independent Directors on their board to the extent of 25 per cent of its board strength, said Randa Al Zoghbi.
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