Governance of Islamic Financial Institutions: The Case of Bangladesh

Abstract

Governance of Businesses or Corporate Governance (CG) can be comprehended as a set of rules and regulations, principles and guidelines, processes, and practices to ensure that the activities of a corporation or a firm are governed, directed, managed, and controlled meaningfully (Hossain, Alam, Datta, & Jones, 2018). Corporate governance can enhance organizational performance as it can increase the transparency, accountability, and responsibility, throughout an organization. GC is the most valuable strategic concept in modern organizations to benefit the shareholders and other stakeholders. CG also conserves organizational fairness and acts as an essential driving force as well. Besides, it is an essential feature in organizations where the decision-makers, usual directors, are separated from the actual proprietorship of the corporation ...