Problems and prospects for corporate governance in Bangladesh: Some case studies basis analysis
Version 2 2024-06-17, 11:57Version 2 2024-06-17, 11:57
Version 1 2015-04-22, 11:02Version 1 2015-04-22, 11:02
journal contribution
posted on 2024-06-17, 11:57authored byV Wise, MM Ali
Bangladesh is one of the least economically developed countries in the world. A lack of corporate governance creates problem for the economic development of the country. This study has been undertaken to observe whether corporate governance is being well-executed in Bangladesh and to inform views about which approach to corporate governance will be more acceptable to the county. The study has examined six cases to see whether corporate governance is properly utilised in the country. It is suggested that monetary, fiscal and exchange rate policies should be applied with appropriate diligence by the Securities and Exchange Commission, the Bangladesh Bank and the National Board of Revenue. It is expected that value can be added through arranging primary and supportive activities. Attention to inbound and outbound logistics is likely to improve productivity, enhancing profitability, long run sustainability and creating distinct competencies for the Bangladesh economy. Ultimately this may help to improve gross domestic product and the basic needs of the population.