Since 2014
Corporate Governance: Impact on Internal Control in selected commercial Banks in Bangladesh
Asian Accounting & Auditing Advancement
View Archive Info| Field | Value | |
| Title |
Corporate Governance: Impact on Internal Control in selected commercial Banks in Bangladesh
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| Creator |
Maleque, Rubina; Associate Professor, Department of Management, University of Dhaka, Bangladesh Khanam, Masuda; Assistant Professor, Department of Accounting, Dhaka Commerce College, Bangladesh |
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| Subject |
Corporate Governance, Internal Control, Commercial Banks, Bangladesh
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| Description |
Corporate Governance is a widely discussed issue in the current management literature. The concept of corporate Governance is a relatively new challenge that has evolved over the last few decades. After the recognition of the concept of Corporate Governance in businesses the right to be informed of those various groups has been established whose interest is affected by the activities of a business organization. A shareholder who has invested his fund in a company has right to know, how efficiently the fund is being used likewise employees, customers, proximate community, government and society in general have right to be informed how efficiently the company is dealing with their respective interests. On the basis of such information, they may decide to what extent they should support the activities of the companies where they are investing their valuable resources and efforts.There are various forms of business, but corporate form of business (i.e. company) is playing a dominant role in the business sector. In corporate form of business shareholders nominate or elect a Board of Directors for governing their business. The Board of Directors is accountable to the shareholders for their activities and the accountability of these activities is treated as Corporate Governance. It can be defined as an organizational control device, which is a hybrid of internal and external control mechanism with a view‘ to achieving efficient utilization of corporate resources. So, proper application of Corporate Governance norms can accelerate effectiveness and transparency in the functioning of a company.
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| Publisher |
Asian Business Consortium
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| Contributor |
—
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| Date |
2015-03-04
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Identifier |
http://journals.abc.us.org/index.php/araf/article/view/Maleque%2CKhanam
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| Source |
Asian Accounting & Auditing Advancement; Vol 1, No 1 (2010): Inaugural Issue; 13-35
2218-5666 |
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| Language |
en
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| Rights |
Copyright (c) 2015 Asian Accounting & Auditing Advancement
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