Financial Times FT.com

Keeping it in the family is norm for Gulf boards

By Lina Saigol and Simeon Kerr

Published: May 18 2008 22:33 | Last updated: May 18 2008 22:33

Public company boards in the Middle East are overwhelmingly dominated by families, raising concerns about a lack of corporate governance in the region.

Up to 75 per cent of listed companies in the region have at least two board members from the same family, according to new research to be released today.

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