The Shareholders' Role to Foster Corporate Governance in Bangladesh : A Suggestive Review

Dr. Zahid Rafique ZR, Prime University, Mirpur-1, Dhaka

Abstract

Abstract This paper unveils the issues on shareholders’ activism to secure the desirable corporate governance in Bangladesh .The focal point is the motive and the nature of shareholders in company dealings. Factually, the prime agenda as observed of the shareholders to get profit affects the activities of a company and in Bangladesh, corruption has a curious link with shareholders some of whom thinks of dividend only irrespective of transparency and accountability. The dominating and controlling thought obsesses some shareholders who fear the disclosure and the losing of control over company they have set up. This creates rational apathy into the other shareholders to play a role. The poor percentage of presence of shareholders in meeting explores the indifference of them. All these have been factually and argumentatively presented soberly to find how corporate governance may run forward with the balancing effect