Abstract

Corporate governance is a term that has appeared and emerged a lot recently, especially after the global collapse of many important global economies. Governance is a set of rules, guidelines and procedures characterized by transparency and discipline, regulating the relationship between the different parties in the company. It aims to direct, rationalize, manage and control it, and protect the various stakeholders. And foreign investment has been of interest to economists since ancient times as an important factor in changing economic, political and international relations It is an effective way to exploit the country's natural resources, especially in developing and weak countries that lack capital, and in order to gain and attract the foreign investor, countries must provide an appropriate and fertile ground for foreign investment through a set of factors, guarantees and privileges that they provide to the foreign investor, and the best way to do so is to adopt Principles of corporate governance in national laws and legislation, whether commercial or other economic legislation, especially investment ones, in order for the foreign investor to be assured of these countries and their laws and thus invest his money in them and transfer his capital in them. The most important means to achieve these purposes is found in the application of an effective system of corporate governance, as it is a system that works to attract foreign investment in the host country. Therefore, many laws and legislations were issued at the internal level in countries to regulate governance, and great attention is paid by international organizations and institutions to set rules for corporate governance. Accordingly, corporate governance is a motive for foreign investors regarding foreign investments, and a legal means to protect their investments and achieve legal protection for them. Accordingly, Iraq is characterized by the presence of important and supportive components for attracting capital and foreign investments due to the availability of natural resources, human resources and lands. Which provides opportunities for production, export and import, and all this reflects, prepares and diversifies investment opportunities for all vital economic sectors.

Keywords

The article was added to IASJ on 2023-10-06

95 Total full text downloads since the date of addition