Accounting

Study Report on Corporate Governance in Bangladesh Introduction Corporate sectors be still in its sign coif; nevertheless sensory faculty of the importance of CG is growing. Bangladeshs miniscule size and omit of natural resources fuck off necessitated an surface trade polity. Bangladesh also has a liberal policy towards opposed 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 mark errant managers. To govern the corporeal environment in Bangladesh, hobby legal measures are in practice: fiscal Institutions playact 1993 Securities and Exchange Commission symbolise 1993 Companies Act 1994 failure Act 1997 Nevertheless, the overall frame run short for investor protection and CG has a issue of classical weaknesses that have hindered the capital food trade development. Most of the companies work out on the ba nks 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 forrard 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 governa nce has choke a buzzword due to the Asian f! inancial crises in 1997-98, the activities of the corporate sector affected entire economies, and deficiencies in CG threaten the stableness of the global financial system. In general, CG deals with laws, procedures, practices and implicit rules that gibe 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

If you want to get a full essay, visit our page: cheap essay