Corporate governance in Morocco: a literature review

Abstract

Gaps in governance mechanisms or an inadequate capital structure are likely to lead to substantial problems, such as conflicts of interest, inefficient resource allocation and financial instability. This article is of major importance to various stakeholders, including investors, regulators and economic decision-makers in Morocco. It provides fundamental insights for improving the financial performance of listed companies, with an emphasis on establishing good governance and capital management practices. In short, this study takes a holistic approach, aiming to enrich our understanding of the factors influencing the financial health of listed Moroccan companies. It makes a significant contribution by informing stakeholders about governance and capital management practices conducive to sustainable financial performance.