Tuesday, October 04, 2005

Maximising value for stakeholders


Corporate governance has emerged as an important policy issue in recent years in Bangladesh, as in many other developing countries. The protection of rights of different stakeholders, the accountability and social responsibility of the corporate bodies call for development of an appropriate regulatory framework and its implementation. Many of such cross-cutting issues have been incorporated into the regulatory framework in Bangladesh and the process is still on. On their part, corporate bodies have also been trying to adopt measures to comply with these regulations.

Thus, Bangladesh has been making efforts to adopt the operational principles of corporate governance in line with the international practices. Certainly, efforts at making improvements in corporate governance will benefit the investors, lenders, government and the society as a whole.

See full Article.