The Impact of the Corona Pandemic on Companies and the Role of Governance Principles in Reducing them: An Analytical Study

Abstract

This research paper aimed to clarify the impact of the Corona pandemic on joint stock companies, and to determine the role of corporate governance principles in limiting its effects. The results showed that the Corona pandemic affected companies operating in Iraq, as it affected all facilities of economic, social and health life and all countries of the world, which led to disruption in corporate activity, and also showed the role of governance principles in limiting the impact of the Corona pandemic on companies. A set of recommendations have been developed, including the need to adhere to the procedures determined by the competent authorities to reduce the effects of the Corona pandemic, and to enhance communication skills between companies and stakeholders using modern communication techniques and the Internet.