THE IMPACT OF GOOD CORPORATE GOVERNANCE ON FOREIGN DIRECT INVESTMENT MODERATED BY BLOCKCHAIN TECHNOLOGY IN OMAN

Abstract

Foreign direct investment policies and good corporate governance are interrelated dimensions in both governance and economic policies arena. This study endeavors to incorporate relevant empirical research and literature to extend the intended potentials of good corporate governance on foreign direct investment including foreign portfolio investment particularly in public non-financial listed companies in Oman. Moreover, this paper will identify the role of good corporate governance mechanism for promoting foreign direct investment for the Omani local firms. The study also proposes that BlockChain technology is one of the important instruments that may play a significant role as a moderator between the implementation of good corporate governance and promoting foreign direct investment for the Omani non-financial corporations. Since the existing literature provides less evidence that attempts to observe the influence of good corporate governance on foreign direct investment particularly in Oman, this paper offers and calls for a promising proposition for future research in the Gulf Countries Council (GCC) and particularly in Oman