Abstract
Governance principles have become one of the requirements for successful management for companies in general and for the joint stock company in particular, as their application achieves very important positive effects for the parties and members of the joint stock company and everyone who has anything to do with it. In applying the principles of disclosure and transparency in the face of the confidentiality required by the plans and strategies established to achieve the maximum possible productivity efficiency, at a time when it is necessary to activate the principles of disclosure and transparency as a prerequisite for achieving governance by examining everything related to the joint stock company to ensure the integrity of its procedures and the legitimacy of its work, we find in return The productive efficiency of this company depends largely on the confidentiality of its policies, plans and financial and investment decisions, which constitute the cornerstone in achieving its goals and raising its production efficiency in the face of competitors from other companies, which are usually in the form of documents and recordings protected under confidentiality laws that entail civil and criminal legal responsibility and disciplinary in case of breach of it, and thus this relationship between the requirement Disclosure and transparency, and the requirements of confidentiality and confidentiality, are subject to the laws protecting the aforementioned secrets, in addition to the possibility of specifying a type of secrets that are not related to the requirements of transparency, .
Main Subjects