State of the Bangladesh Economy in FY2021-22 slide image

State of the Bangladesh Economy in FY2021-22

Independent Review of RBD Bangladesh's Development Conclusion and Recommendation The bubble-like behaviour of the market is being contributed by a number of artificial short-term stabilising measures risking the sustainability of the market Such measures would hardly ensure long term stability in the market and thereby would hardly develop confidence among the market players. The new leadership in the SEC made some visible measures to influence the market the quality of stocks rather than indices should the major concern which would ensure that the product base is more diversified, and the people have more options to choose from; ➤ The BSEC and Bangladesh Bank should not encourage banks to invest in the market for short term market gain Banks and institutional investors should follow the corporate governance principles in taking decisions with regard to their investment in the capital market; ➤BSEC should monitor and review whether institutional investors follow the corporate governance code/guidelines and provide necessary directives in these regards; ➤ Ensuring corporate governance is a must for the listed companies are controlled by family owners, Transparency of the BO accounts needs to be ensured to properly monitor, track, and trace transaction practices and transaction behavior of the investors. CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading) 75 75
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