The concept of governance has been closely linked to the financial and economic crises, and what the world has witnessed from the repercussions of the impact of the Corona pandemic since the year 2020 AD and the bankruptcy it left for many international companies in many countries in the world, which led to great pressure and inevitable in the application of corporate governance, the information of the financial statements and the accounting information provided by the board of directors in each company and the audit committees for corporate governance will reveal the deviations that caused the deterioration of the company. The current study aimed at identifying the conceptual framework for the study variables represented in each of the conceptual framework for the study variables listed as (corporate governance, profit distribution), and to reveal the reality of governance in Oman Telecommunications Company "Omantel". It also aimed at identifying the type of statistically significant differences in the average responses of the study sample members about the impact between corporate governance and profit distribution in Oman Telecommunications Company "Omantel" attributed to the demographic study variables which are (gender, educational level, and years of experience) and innovation of development proposals for corporate governance and profit distribution in Oman Telecommunications Company "Omantel". In her study, the researcher relied on the descriptive approach, and to achieve the objectives of the study, a questionnaire was distributed to a study sample consisted of (100). The study’s results indicated the following: The Oman Telecommunications Company “Omantel” applies governance to a large extent, as it came in first place in terms of implementation the second dimension. which is: the responsibilities of the board of directors, followed by the first dimension, which is: ensuring shareholders’ rights, while it ranked last in the third dimension, which is: disclosure and transparency. Keywords: corporate governance, profit distribution