New emerging trend, or a slow market reorganisation? ...Middle East

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New emerging trend, or a slow market reorganisation?
Previous articles by M. Ratkai, Professor of Hospitality Business and ESG at the Hotelschool The Hague, have addressed the ever-changing landscape of corporate disclosures, including the EU’s Corporate Social Responsibility Directive (CSRD) and ongoing negotiations of the Omnibus proposal. To obtain effective corporate reporting and governance practices, it is essential to have a strong institutional, legal, and regulatory framework. In 2023–2024, nearly two-thirds of the countries revised their governance frameworks, and 73% of the analysed countries issued national reports on companies’ compliance. Most of these reports cover all listed firms.

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