Purpose – The purpose of this paper is to draw together available data as a means of comparing the
state of corporate governance in five countries; Kuwait, Bahrain, the United Arab Emirates, Qatar and
Oman. This comparison provides a basis for analyzing the efficacy of corporate governance and
government regulation in the region.
Design/methodology/approach – The authors construct a measure of corporate governance using
the OECD’s 2005 survey data, which includes these and many other countries in the sample. The authors
analyze the resulting measures in the light of ongoing institutional developments in each country.
Findings – Based on the corporate governance measurement scale, Oman is the clear leader among
the five countries, followed by Kuwait and the United Arab Emirates. Bahrain and Qatar rank fourth
and fifth, respectively.
Originality/value – This paper adds value by transforming the data in the OECD survey, thus adding
to the limited information available on corporate governance and related issues in the Arabian Gulf.
Keywords Corporate governance, Arabian Gulf countries, Shareholder rights and obligations,
Transparency, Kuwait, Bahrain, United Arab Emirates, Qatar, Oman
Paper type Research paper[left][/left]