The Securities and Exchange Commission (SEC) is preparing a list of the companies, which are violating the principles of corporate governance, SEC Chairman Mirza Azizul Islam said yesterday.

The SEC may take actions against the companies for violating corporate governance rules, the chairman said while speaking at a seminar in Dhaka.

Dhaka Chamber of Commerce and Industry (DCCI) and Centre for Development Research, Bangladesh (CDRB) jointly organised the seminar on 'Corporate Governance and Control' at the DCCI conference room.

Azizul Islam said the SEC has launched a monitoring programme regarding corporate governance in collaboration with the Bangladesh Bank.

DCCI President Sayeeful Islam underscored the need for introducing sound corporate governance in the country's economy in order to expedite more foreign investment and quality trade.

If sound corporate governance is introduced, it will help the country's capital market, private investors, donors and financial institutions, he added.

The CDRB Chairman Mizanur Rahman Shelley said good corporate governance can help Bangladesh attain equitable socio-economic development.

Bangladesh Bank Deputy Governor Muhammad A Rumee Ali, Joint Stock Companies Registrar Mohammad Abdul Quayyum also spoke at the seminar.

Kabir U Hasan, professor of New Orleans Univesrity, USA, presented the keynote speech on the subject.