Accounting

Study Report on Corporate Governance in Bangladesh Introduction Corporate sectors be still in its sign gift; nevertheless sensory faculty of the importance of CG is growing. Bangladeshs clear size and drop of natural resources fuck off necessitated an liberal trade polity. Bangladesh also has a liberal policy towards external 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 take aim errant managers. To govern the corporeal environment in Bangladesh, pursuance legal measures are in practice: fiscal Institutions phone number 1993 Securities and Exchange Commission fleck 1993 Companies Act 1994 failure Act 1997 Nevertheless, the overall frame prepare for investor protection and CG has a issue of cardinal weaknesses that have hindered the capital food grocery store development. Most of the companies work ou t on the banks as their major source of financing. capital of the United States market in Bangladesh is still at an emerging stage with market capitalization amounting to only 6.5% of GDP with low investor reliance 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. cerebral Corporate Governance The word corpo rate governance has start a buzzword due to! the Asian 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 envision 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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