Abstract:
This thesis examines the opportunity Multinational Corporations (MNCs)
present in fostering Corporate Governance in the Middle East sand particularly in the
Kingdom of Bahrain. The extent to which MNCs have succeeded in complementing the
Kingdom’s global economic integration as well as political wellbeing is measured. The
concepts of corporate social responsibility and Corporate Governance are further
evaluated throughout the relevant decision making process adopted by the Kingdom.
The relationship between MNCs and Governance is further assessed through a series of
interviews conducted with selected CEOs and government officials. The analysis and
findings reveal relative success of MNCs operating in Bahrain in the integration of the
Bahraini economy into world markets and, consequently, in fostering joint domestic
ventures. Economic revitalization is directly reflected in the political modernization of
the state. Yet, the growing role of MNCs in both the globalization of the domestic
market and the reformulation of governance poses a serious challenge for Bahrainis
nationalism. This thesis reveals serious obstacles and opportunities for governance in
light of the increasing MNCSS. The ability for government to remain accountable to its
own citizens while forging economic ventures with MNCs needs to be scrutinized as to
preserve mutual benefits.
