The Faculty of Business recently held a seminar titled “Governance and Sustainability,” featuring the esteemed Mr. Mazen Wathaifi, the Executive Director of the Securities Commission and the CEO of the Amman Stock Exchange. Mr. Wathaifi spoke on key topics related to good governance and sustainable development. The seminar was moderated by Dr. Khaldoon Aldaoud, the Deputy Dean of the Faculty of Business, and Professor Yahya Melhem from the Department of Business Administration.
During the seminar, Mr. Wathaifi highlighted the importance of governance in Jordanian public companies, addressing it from a practical, real-world perspective. He emphasized the need for these companies to implement the principles of governance, such as fairness, transparency, accountability, responsibility, and independence. He also underscored the importance of satisfying all stakeholders, including employees, shareholders, customers, and anyone directly or indirectly connected to these institutions. The seminar included an interactive discussion with faculty and students from the Faculty of Business on concepts of governance and sustainability. Mr. Wathaifi explained that sustainability involves creating a balance between current societal needs without compromising the needs of future generations. This includes meeting present and future needs through the preservation of the natural environment, the well-being of society, its culture and values, as well as fostering ongoing, balanced economic development.
At the close of the event, Dr. Khaldoon Aldaoud, Deputy Dean of the Faculty of Business, extended a warm welcome to the guest and expressed his gratitude for the valuable insights shared on the critical topics of sustainability and good governance and emphasized the significance of addressing these issues in Jordanian institutions in a way that fosters transparency and integrity, free from corruption, in the beloved nation of Jordan.
The dean of the faculty of business Prof. Dr. Mishiel Suwaidan emphasized that this seminar is part of a series of activities organized by the faculty of business to foster knowledge exchange and encourage critical thinking among students on issues that impact sustainable development in the business world.
