The Saudi Stock Exchange (Tadawul) conducted today Wednesday 22 November 2017 a workshop entitled “crisis preparedness and its impact on shareholder value” for listed Saudi companies at its headquarters in Riyadh. The workshop is in collaboration with the Middle East Investor Relations Association (MEIRA), the Saudi Chapter and Instinctif Partners.
Presented by global crisis management expert Robert McAllister, the workshop aims to raise awareness amongst listed companies on the importance of crisis readiness and management.
The workshop highlighted the best crisis management international practices, enhancing crisis management readiness, case studies on both poorly and well managed crisis scenarios and its effect on share value, creating a crisis action plan, and developing a strategic initial response to a crisis.
It is worth mentioning that this workshop comes within a series of IR workshops and activities adopted by Tadawul to further enhance transparency and foster a culture of effective communication between listed companies, the capital market, regulators, advisers and the buy and sell side communities in the Kingdom.