The Hawkamah Journal issue 01/2013 | Page 11

WHO OWNS CORPORATE GOVERNANCE? driving the process to ensure effective and meaningful implementation of corporate governance within their view; its basic values; its social and political structure; its The Governance Elephant, 10.000 feet view and Blind Men world in which their grandparents lived and into which shorter and more effective description of the times we as important for the global economy as is governance of Corporate governance in the MENA – the implementation challenge the corporate governance principles and their rationale The second main source of confusion stems from the issued corporate governance codes for listed companies and there is growing awareness of the need to address touching different parts of an elephant and describing 09