Al-Khonain, S.Al-Adeem, K.2020-05-112020-05-112020Al-Khonain, S., Al-Adeem, K. (2020). Corporate Governance and Financial Reporting Quality: Preliminary Evidence from Saudi Arabia. Financial Markets, Institutions and Risks, 4(1), 109-116. http://doi.org/10.21272/fmir.4(1).109-116.2020.https://essuir.sumdu.edu.ua/handle/123456789/77492The investment climate in the country depends largely on the level of confidence of potential investors, which actualizes the need to provide transparent and quality financial reporting to economic entities. Powerful corporations that have established an effective corporate governance mechanism are able to provide high competitive advantage over the long term, contributing to their financial and economic stability. The purpose of the article is to determine the impact of corporate governance mechanisms on the quality of a company’s financial statements. The corporate governance rules in force in Saudi Arabia were developed in 2006, then revised twice in 2009 and 2015, and only finally approved in 2017.encneкорпоративне управліннякорпоративное управлениеcorporate governanceфінансова звітністьфинансовая отчетностьfinancial Statementsфінансові аналітикифинансовые аналитикиfinancial analystsпрозорість звітностіпрозрачность отчетностиtransparency of reportingінвесториинвесторыinvestorsСаудівська АравіяСаудовская АравияSaudi ArabiaArticle