Board composition, independence, and governance risk scoring for MAJANGLASS.
Composite score across 8 governance dimensions. Updated live from board data.
Data completeness
Proportion of independent directors — all GCC codes require minimum one-third (CMA/SCA/QFMA)
Presence of audit, remuneration, and nomination committees (required by CMA Art. 54-56)
Average board meeting attendance rate — reflects director engagement
Optimal range: 7-12 members (GCC code guidance, IFC best practice)
Whether the CEO and board chair are different people (CMA Art. 24, SCA Art. 14)
Non-audit fee ratio — lower ratio = more independent external auditor (CMA Art. 81)
Female representation on board — aligned with G20/OECD Principles Ch. VI and MEIRA guidance
Professional qualifications per board member (GCC BDI certification, CFA, CPA, etc.)
Level of executive compensation disclosure (CMA Art. 93, SCA Art. 27)
Lower ownership concentration (HHI) = better minority protection (IFC methodology)
Board Size
Independence
CEO = Chair
Avg Attendance
Non-Audit Fee Ratio
Quals / Director
Key Committees
Pay Disclosure
Plain-language overview based on available data for Majan Glass (MSX, Oman).
Ownership structure data for Majan Glass is not yet available in our system. GCC markets typically feature concentrated ownership from sovereign entities, founding families, or conglomerates.
This company is listed on the Muscat Securities Market (MSX) and is regulated by the Capital Market Authority (CMA). The applicable governance framework is the CMA Corporate Governance Code. Financial reporting follows IFRS standards, which is the norm across GCC markets. International investors should note that GCC governance codes have been substantially modernized in recent years, but enforcement practices and compliance culture vary across jurisdictions.
The board comprises 4 directors. Board independence stands at approximately 100%, which meets the typical GCC regulatory threshold of one-third (33%) independent directors. The CEO and Chairman roles are separated, consistent with governance code requirements across GCC jurisdictions. No female directors were identified in available data. While GCC markets are progressively addressing board gender diversity, many boards remain all-male.
Our model generates scores and ratings using fully disclosed methodologies based on available data. These are quantitative analytical tools — not recommendations. They may not capture all relevant factors, and past performance is not indicative of future results. Users should review the methodology, assess the inputs, and exercise independent judgement.
Governance scoring data for Majan Glass is not yet available. Our model assesses 8 governance dimensions including board independence, committee coverage, and pay transparency.
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