RIYADH: Saudi Arabia’s markets regulator has proposed giving shareholders more power over listed companies, from demanding in-person assemblies to pushing loss-making firms to publish recovery plans. It is the latest in a series of measures by the Capital Market Authority to tighten governance at listed companies, following its April approval of new rules for removing board members. The changes would apply to a market of considerable size. Market capitalization stood at SR9.12 trillion ($2.43 tr

Source: Arab News