Financial scandals in some developed countries in the last two decades and rapid growth of private sector and growing need for attracting overseas investment in order to enhance economic growth in many developing nations have made corporate governance a highly charged political issue. In the absence of any other comprehensive research with regard to corporate governance practices in Bangladesh, this study has made an in- depth empirical research on the opinions of two key stakeholders in Bangladesh, that is, members of the boards of directors and marginal The study has made a rigorous theoretical study on latest conceptual developments of various corporate governance issues including corporate governance practices in different regimes with variety of legal background, cultural and political contexts, business from and ownership structure. Hopefully, the students of Business and Law Schools, academicians, policy makers, and general readers taking interest in corporate governance practices in Bangladesh will find this book very useful.