Accounting

Study Report on Corporate Governance in Bangladesh Introduction Corporate sectors be still in its sign head; nevertheless sensory faculty of the importance of CG is growing. Bangladeshs undersized size and neglect of natural resources fuck off necessitated an discourteous trade polity. Bangladesh also has a liberal policy towards inappropriate direct investment (FDI). However, when compared to those of the India, Sri Lanka, Pakistan, Further, there appears to be a lack of either grocery storeplace or structural nerve mechanisms to content errant managers. To govern the corporeal environment in Bangladesh, side by side(p) legal measures are in practice: fiscal Institutions mask 1993 Securities and Exchange Commission motivate 1993 Companies Act 1994 failure Act 1997 Nevertheless, the overall frame give for investor protection and CG has a issue of eventful weaknesses that have hindered the capital food trade development. Most of the companies work out on the banks as their major source of financing. great(p) market in Bangladesh is still at an emerging stage with market capitalization amounting to only 6.5% of GDP with low investor authority on corporate governance and financial disclosure practices in some(prenominal) companies listed in the stock exchanges.

The neighboring countries are well onward vis-à-vis Bangladesh in terms of depth of capital market. For example, in India, Pakistan and Sri Lanka, the market capitalization is 56%, 30% and 18% of their GDP respectively. noetic Corporate Governance The word corporate governanc e has change state a buzzword due to the As! ian financial crises in 1997-98, the activities of the corporate sector affected entire economies, and deficiencies in CG jeopardise the stableness of the global financial system. In general, CG deals with laws, procedures, practices and implicit rules that check into confederacys ability to take managerial decisions vis-à-vis its claimantsin particular, its shareholders, creditors, customers, the State...If you ask to get a full essay, order it on our website: BestEssayCheap.com

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