Corporate Governance Compliance Practice in the Food and Allied Company: The Case of Bangladesh

Abstract

The prime concern of this study is to investigate the corporate governance practices in the food and allied companies of Bangladesh from various perspectives on the basis of compliance guidelines of Bangladesh Securities and Exchange Commission (BSEC). To achieve the core objective, the study is examined the annual report of four food and allied companies for the period of 2016 to 2020. The findings of the study revealed that the average compliance of the four companies was 94.33 percent with the compliance guidelines of BSEC. Moreover, the government long-run prudential financial and monitoring policies may help to ensure the corporate governance practices for sustainable food and allied industries as it is the fastest growing sector in Bangladesh.