Corporate Governance In Egypt

The nineties of the twentieth century had a quick and violent developments which affected the structure of the global economy, the effects of the globalization of financial markets emerged, and financial markets collapsed in Southeast Asia and Latin America. Process of privatization and the transition to a market economy became more than the past, all these developments prompted the International Monetary Fund and the World Bank to participate with OECD to draft "Principles of Corporate Governance" and study its effectiveness on both developed and emerging markets alike.

According to OECD the definition of corporate governance is "the set of rules, regulations and procedures that achieve better protection and balance between the interests of the company's managers and shareholders as well as other associated stakeholders". These rules include matters relating to corporate law and securities laws, and the rules of registration in the stock exchange, and accounting