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Controlling shareholders in companies in Saudi Arabia

Evaluate the requirements in Saudi Arabia that allow for the state to be a controlling shareholder in companies in the country. Be sure to address the impact that this requirement has on the decision-making capability of a company. Are there any requirements that allow for transparency in this capability? Finally, be sure to compare and contrast this law to the requirements of another country.

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Kindly find the below refrances:

Buallay, A., Hamdan, A., & Zureigat, Q. (2017). Corporate governance and firm performance: Evidence from Saudi Arabia. Australasian Accounting Business & Finance Journal, 11(1), 78–98.

DLA Piper. (2018, May 18). Amendments to Saudi Arabia Companies Law: A comparative analysis.