Corporate Governance Environment in South Asia: A comparative analysis of Bangladesh and Sri Lanka

Abstract

Corporate governance environment refers tovarious country level factors affect the firm level governance practices. The main objective of this paper is to explore the corporate governance environment of two South Asian countries namely Bangladesh and Sri Lanka. Findings of the study represents that both of the countries take various initiatives to develop their corporate governance environment in the line of international standard. The current paper extends the scarce literature on corporate governance environment which, in turn, assists policy makers and corporate decision makers to understand the phenomena in a better way.