Kuwait-University-Journal-of-Law-header
Search
Journal of Law

Previous Issues

Advance Search
Year : From To Vol
Issue Discipline:
Author

Volume :48 Issue : 186 2022      Add To Cart                                                                    Download

Internal Audit Systems under Corporate Governance Regulations: A Comparison between Kuwait and New York Stock Exchanges

Auther : Dr. Abdullah R. Alshebli


Objectives: The research aims to provide recommendations to the development of legislation relating to internal audit systems for listed companies on the stock exchange, so to positively reflect on Kuwait economic development in particular and the region in general. Method: The instrument was the comparative legal analysis between USA and Kuwait legislation. This research focused on the legislation in Kuwait and the USA pertaining to internal audit systems, since the US has long history and experience in the internal audit systems for listed companies on the stock market. Results: The research reached a number of results; the principle of “internal audit systems” helps the listed company achieve its goals, and that there is a lack of knowledge about these systems and their implementation by the listed companies, as well as the Capital Market Authority, which resulted in different opinions and disparity in commitment. Conclusion: The research concluded with a number of recommendations, inter alia the need to benefit from the experience of the NYSE in the field of “internal audit systems”.

 

Keywords: Internal audit system, Corporate governance rules, Listed companies, Capital market authority.

Journal of Law
Journal of Law

You are Visitor No.

110700

Journal of Law
Journal of Law
Tell your friendsJournal of Law
Journal of Law

Last Updated

Dec 26, 2021

Journal of Law
Journal of Law
Journal of Law

Please enter your email Here to receive our news

Journal of Law