To What Extent Mandatory Voting Requirement
Enhance the Corporate Governance?

Sultan Abdulsalam Ibraheem
 Corporate Governance Class, 2013
 UCD-College of Law

Abstract

The aim of this article is to expand the idea of mandatory voting concept in case of such regulators in different jurisdictions may have the intention to apply in listed companies. It further highlights the supporting and opposing views and several arguments based on existing acts and regulations. Conventional current banking and financial practises whether they are regulated or not show that some major difficulties may arise. Then, suggested framework driven from the essence of Islamic finance may solve such issues and make this concept operative. Otherwise, with no change or improper changes, this concept might be used against its purpose and would be misused by market players.