Corporate Governance Practices in Bangladesh

Abstract

Corporate governance is a concept about the way in which boards oversee the running of the company by its mangers and how board members are in turn accountable to shareholders and the company. Good corporate governance has implications for company behavior towards employees, shareholders, customers and banks. The paper tries to identify best practices of corporate governance and the steps that organizations can take to improve the situation of corporate governance in Bangladesh. Improving corporate governance can provide sign rewards to both individual companies and the country. The paper also tries to identify critical areas where institutions, regulations or other economic factors could be strengthened to improve corporate governance.