HISTORY & NEED OF CORPORATE GOVERNANCE

May 29th, 2015
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Arcadia University
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Objectives The objectives of this study to examine the extent of corporate governance disclosure by SQURE group which is new trend introduced in the annual reports in Bangladesh as well as to find out users attitude regarding this disclosure.

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CORPORATE GOVERNANCE: A STUDY ON THE ANNUAL REPORTS OF SQUARE PHARMACEUTICALS LTD AND SQUARE TEXTILE LTDAbstract Corporate governance refers to the manner, in which a corporation is directed, and laws and customs affecting that direction. It includes the laws governing the formations of firms, the by-laws established by the firm itself, the structure of the firm The issue of corporate governance are receiving greater concentration in both developed and developing countries as a result of the increasing recognition that a firms corporate governance affects both its economic performance and its ability to access long term, low cost investment capital. The study focuses on a new trend introduced in the annual reports of one of the well-established business groups of Bangladesh. The paper involves empirical study as well as a questionnaire survey. SQUARE makes very few disclosures on corporate governance on a voluntary basis. Secondly, SQUARE user groups are in favor of such disclosures. However, the disclosures reported in Bangladesh by Square are not ample in achieving the goals of corporate governance.ObjectivesThe objectives of this study to examine the ex

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