DEPP working paper

This Working Paper is part of the Development Economics and Public Policy series

Corporate Governance In Developing Economies: Perspective From The Banking Sector In Bangladesh

Masrur Reaz and Thankom Arun

Abstract

This paper highlights the corporate governance of financial institutions with particular reference to banking sector of Bangladesh. The importance of corporate governance of banks remains crucial given their contribution in economic growth through financial development. This paper has shed light on the structures of corporate governance of banks in Bangladesh involving their ownership structure, board issues, executive aspects, disclosure, and audit practices along with their associated weaknesses. The paper has also showed how political interference and failure by the regulators has contributed to the governance problems in the banks.

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