Every finance textbook starts with the thesis that the fundamental goal of business is to create value for the company’s owners. Do you think this also applies in Saudi Arabia? If so, what are its i

Every finance textbook starts with the thesis that the fundamental goal of business is to create value for the company’s owners. Do you think this also applies in Saudi Arabia? If so, what are its implications and are there other stakeholders to be considered?

Search the SEU library or the internet for an academic or industry-related article regarding this thesis and its implications in Saudi Arabia and Saudi Vision 2030.

For your discussion post, your first step is to summarize the article in two paragraphs, describing what you think are the most important points made by the authors (remember to cite the information, as appropriate). For the second step, include the reference listing with a hyperlink to the article. Please note, do not copy the article into your post and limit your summary to two paragraphs. Let me know if you have any questions. Enjoy your search.

Be sure to support your statements with logic and argument, citing all sources referenced. Post your initial response early, and check back often to continue the discussion. Be sure to respond to your peers’ posts as well.

Required

• Chapter 1 in Foundations of Finance: The Logic and Practice of Financial Management
• Abdulaziz Alajlan & Partners. (2014). An outline of various forms of doing business in Saudi Arabia. Retrieved from https://www.bakermckenzie.com/-/media/files/insight/publications/doing-business-in/bk_saudiarabia_dbi2016_jan17.pdf?la=en
• Jackson, O. (2018). Primer: Islamic finance & sukuk explained. International Financial Law Review, 3.

Chapter 1 PowerPoint slides—Foundations of Finance: The Logic and Practice of Financial Management (attached)

• Beck, V. (2014). The effects of the implementation of value-based management. International Journal of Economic Sciences and Applied Research, 7(2), 153–165.