The corporate governance system in Saudi Arabia is a set of rules and laws that regulate the work of companies and direct their management to ensure the optimal use of their assets, while providing protection for all stakeholders, such as board members, shareholders, employees, customers and suppliers. The system aims to achieve justice, transparency and enhance competitiveness in the market. Governance seeks to regulate the relationship between the company and stakeholders through explicit and implicit contracts that define responsibilities, rights and rewards. It also works to reconcile different interests based on roles and privileges, while applying effective supervision and control procedures, and providing the necessary disclosure of information to ensure a comprehensive regulatory system.