The contribution of corporate governance mechanisms to improve the efficiency of financial markets
Dr.Bin Sagheir Murad
Assistant Professor – Faculty of law – University of Sharjah – UAE
Abstract:
The global economy in general , and the banking sector in several countries especially, experienced economic and financial serious crises, ravaged much of the financial markets, which has led many of institutions to look for ways to face such economic fluctuations, and legal means to protect the financial markets and improve their performance and enhance their efficiency.
Governance is one of the most important mechanisms to improve the performance of companies and to ensure the integrity and transparency of transactions, as well as its role and its impact on the consecration of the efficiency of financial markets. As an impregnable fence against many of the negative behaviors and financial manipulations in the capital market. It is a way to ensure the balance of public and private interests designed to protect individuals ,shareholders, companies and various financial institutions rights.
This research deals with the application of corporate governance as an essential action to ensure financial market transactions and promote confidence and transparency, and upgrade the level of efficiency, through the statement of the substance of governance and the reasons for their adoption and controls, and to highlight their role in improving the performance of companies and enhance the role of the Board of Directors, improve equity and protect them, as well as the related transactions stakeholders, As well as determine the effects and the positive dimensions of governance in promoting confidence in financial transactions, develop and upgrade the efficiency of financial markets.