Literature Review on Corporate Governance Structure and Performance in Non-Financial Bangladesh Firms

Abstract

Corporate governance is a mechanism which arises due to conflict of interest arises within different stakeholders. Different stakeholders have different views, goals, as well as incomplete knowledge of each other’s preferences. The whole world has seen the corporate scandals of big companies like Enron, Tyco, WorldCom, Satyam, etc. These collapses have questioned the effectiveness of CG mechanism that is being carried out by organizations as a part of regulating their affairs and books of accounts. This particular article discusses in detail about the meaning and definition of corporate governance, examines the corporate governance practices in Bangladesh, investigates the corporate governance guidelines-2012, and performs a critical literature review on corporate governance structure and performance inside the non-financial Bangladesh firms.