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Int'l confce on corporate governance starts Saturday

Star Business Report
In a bid to create awareness of corporate governance and expedite its practices in Bangladesh, a two-day international conference begins in Dhaka on Saturday.
President Iajuddin Ahmed will inaugurate the conference titled 'Corporate Governance in Bangladesh', jointly organised by Dhaka Stock Exchange (DSE) and Centre for Corporate Governance and Finance Studies, University of Dhaka.
Corporate governance is a key factor for efficient management and the conference will take Bangladesh into a new era of corporate world, said DSE President Shahiq Khan while addressing a press briefing in Dhaka yesterday.
Some 11 foreign experts on corporate governance are expected to discuss core governance issues in the seminar to be held at Sheraton Hotel. Besides, around 100 representatives from different leading corporate houses, trade bodies, stock exchanges and the government
will take part in the seminar, first of its kind.
Finance and Planning Minister M Saifur Rahman, Law, Justice and Parliamentary Affairs Minister Moudud Ahmed and Commerce Minister Altaf Hossain Choudhury will address the concluding session of the conference.
Chairman of Centre for Corporate Governance and Finance Studies Baqui Khalily said, "There is no alternative to establishing corporate gover-
nance, which will also help boost foreign direct investment in the country."
The recommendations from the conference will help the government formulate policies on corporate governance, he added.
"They will be also supportive for company management and shareholders to ensure corporate governance," said Khalily, also a director of the DSE.
On the sidelines of the conference, several sessions will be held to focus on the concepts of corporate governance, shareholders' rights, enforcement of corporate governance in Bangladesh, disclosure and transparency, responsibilities of the board of directors and role of stakeholders in corporate governance.
An academic session will be also held on research agenda in corporate governance, which will be attended by academics, international experts and government officials.
DSE Vice President Ahmed Rashid Lali, CEO Salahuddin Ahmed Khan and DU professors Humayun Morshed and Osman Imam also spoke at the function.