Enhancing Boardroom Diversity in Saudi Arabia

CHAPTER 1: Background of the Study

CHAPTER 2: The Context of Saudi Arabia
Introduction
Saudi Social Structure
Politics
Economics
Culture
Family
Religion and Diversity
Gender and the Islamic Religion
Ethnicity and the Islamic Religion
Islamic Religion and the Elderly
Saudi Arabian Listed Companies
Background
The Market Regulations Framework
An overview of the Corporate Governance Code (CGC) and the Boardroom Diversity
Summary Saudi Corporate Governance Code (2006)
Summary Saudi Corporate Governance Code Amendment (2010)
Summary Corporate Governance Code (2017)
Summary New Corporate Governance Code (2021) (expected)
Saudi Vision 2030
Growing and Diversifying the Economy
Integrating the Saudi Economy Regionally and Globally (Objective Number 3.6)
Increasing Employment
Equal Entry into Jobs (Objective Number 4.2)
Preparing the Younger Generation for the Market
Women's Empowerment
Attracting Appropriate Foreign Expertise (Objective Number 4.4)
New Changes to Saudi Arabia's Social Structure
Summary

CHAPTER 3: Literature Review
Introduction
Corporate Governance (CG)
Definition and Background
Corporate Governance Mechanisms
Boardroom Roles and Duties
Boardroom Committees Diversity
Protecting Shareholders' Rights and Boardroom Diversity
Boardroom Structure
Selecting and Nominating Board Members
Ownership
Chairpersons
Boardroom Diversity
Definitions and Background
Functional Diversity
Diversity of Experience
Diversity of Educational Background
Diversity of Educational Level
Demographic Diversity
Age Diversity
Gender Diversity
Diversity of Nationality
Boardroom Effectiveness and Diversity
Monitoring versus Independence
Decision Making versus Conflict between Diverse Members
Risk Management and Internal Controls
Boardroom Diversity and Performance
Board Diversity Effectiveness in the Middle

Abdullah Eskandarany is an Assistant Professor of Accounting at the Business College of the University of Jeddah, Saudi Arabia. As an assistant professor, he has been actively involved in teaching and administrative duties at both the departmental and faculty level. Abdullah holds a PhD in Management from Accounting and Financial Management department at University of Sheffield Management School, an MSc in Accounting and Finance from Bangor University, UK, and an MBA in Accounting from Avila University, USA. Abdullah's research interests include extinction accounting, Islamic tax (zakat), and corporate governance, with a specific concentration on the corporate board and its diversity. Abdullah has presented research on boardroom diversity at many conferences and workshops.