This engagement began with a survey of the 13 participating firms and an analysis of the
applicable law governing ownership transition in Jordan. The study was conducted by
Sanad Law Group (Amman, Jordan) prior to the workshop on June 10 & 11, 2009. The
study revealed an emerging pattern of corporate structure—the private shareholding
company or PSC, which appears to best accommodate ownership transition and corporate
sustainability. This structure closely resembles corporations in the west and would allow
Jordanian firms to employ many of the strategies and best practices discussed herein.