Banking Sector’s Corporate Governance Practices: Study on Rangpur Region in Bangladesh

Abstract

This research paper is an endeavor to look at the present status of corporate governance in banking sector of Bangladesh. Corporate Governance ensures to bring transparency, accountability and professionalism within the management system of a company body that enhances the credibility and acceptability to the shareholders, employees, potential investors, customers, lenders, governments and every one other stakeholder. This is often truer just in case of banking system. To serve the study, both primary and secondary data are wont to prepare this paper. Samples are collected on the premise of questionnaire by interviewing 10 randomly selected bank personnel like corporate branch manager and other concerned personnel. So as try to the study; the main issues were focused like shareholder rights and disclosure of knowledge, disclosure and transparency, board issues, audit practices, financial reporting and Human Resources Management (HRM) practices. Seven hypotheses are developed so as to spot whether banks are complying corporate governance issues or not. To estimate the idea, statistical tools like mean, variance and Z-test are used. Hypotheses for the study are developed from the research questions. The results and analysis indicate compliance of CG code within the banks is above 70% and also the assumption of the 6 hypothesis only 50%. Consequently, the study recommends greater regulatory monitoring to confirm the exercise of fine governance in Bangladeshi Banks.

Sustainability Reporting and Assets Quality of Listed Deposit Money Banks in Ghana, Kenya and Nigeria

“…Owing to the significance of sustainability reporting towards effective corporate performance, the International Federation of Accountants (IFAC) created a sustainability framework in 2011 to help businesses incorporate sustainability concerns into their operational strategy, operational procedures, and reporting procedures. In order to increase the credibility of sustainability reports, IFAC's sustainability framework's reporting component entails providing audits and assurances on sustainability performance, incorporating sustainability impacts into financial statements, and using narrative reporting to capture sustainability information that isn't included in financial statements (Hossin & Biva, 2020;Adegbie & Adesanmi, 2020). Sustainability reporting provides unique benefits of enhancing understanding of opportunities and risks, enhanced competitive advantages and improved brand image, boosting employee morale and the banks becoming more globally recognized (Syder et al, 2020).…”