Jordan Securities Commission (JSC) Requests Public Shareholding Companies to Enclose in the 2010 Annual Report an Independent Chapter of Companies Implementing the Corporate Governance Code
02-Jan-2011
Jordan Securities Commission (JSC) issued a circular to all Public Shareholding Companies listed at Amman Stock Exchange (ASE) requesting them to enclose in the 2010 annual report an independent chapter indicating implementing the Corporate Governance Code of Companies Listed at the ASE that was enforced in 2009.
This circular aims to enhance the principles of transparency & disclosure as a right to shareholders & investors. It also, emphasizes rights of all parties through obliging companies to adhere by rules & regulations to achieve a peculiar investment environment in the capital market & to enhance the management liabilities & duties of Public Shareholding Companies listed at the ASE.