Internal Company Policies and Governance Systems in Saudi Arabia: A Legal and Strategic Necessity In today’s business environment, success is no longer measured solely by profit margins.Rather, it increasingly depends on how effectively a company is governed through well-defined internal policies and structured procedures.Accordingly, the implementation of internal policies and a robust governance framework has become essential to ensure transparency, establish clear responsibilities, and reduce both legal and operational risks. Saudi lawmakers strongly support this concept through national legislation—most notably the New Companies Law (issued under Royal Decree No. M/132 of 1443H)—which emphasizes the need for companies to adopt internal governance frameworks that ensure corporate accountability and safeguard the rights of shareholders.. lawyer 1. What Are Internal Company Policies? Internal company policies are: “A set