Corporate Governance in Bangladesh: A Comparison with Other Emerging Market Countries

  • Chowdhury Saima Ferdous
  • Chris Mallin
  • Kean Ow-Yong
Chapter
Part of the CSR, Sustainability, Ethics & Governance book series (CSEG)

Abstract

Corporate governance has developed a higher profile in recent years in many emerging markets. Bangladesh as an emerging country provides an interesting case study. Whilst its economy has achieved an impressive growth rate, weak governance has caused an increasing number of companies to fail. Governance codes have been developed in many other emerging countries including Bangladesh and a comparative analysis may ascertain if their provisions are internationally compatible. This chapter discusses the theoretical framework and outlines the various governance codes and guidelines in Bangladesh and contrasts them with the OECD Principles of Corporate Governance as well as those codes in India and Pakistan. Using case studies and examples, we illustrate the key corporate governance characteristics typically found in companies in these countries. We highlight the common governance features and discuss their differences. Our chapter outlines a number of the practical and policy implications for corporate governance in the emerging markets of Bangladesh, Pakistan and India.

Keywords

Corporate Governance Independent Director Audit Committee International Financial Reporting Standard Minority Shareholder 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2014

Authors and Affiliations

  • Chowdhury Saima Ferdous
    • 1
  • Chris Mallin
    • 2
  • Kean Ow-Yong
    • 3
  1. 1.Department of International BusinessThe University of DhakaDhakaBangladesh
  2. 2.Norwich Business SchoolUniversity of East AngliaNorwichUK
  3. 3.Birmingham Business SchoolUniversity of BirminghamBirminghamUK

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