Corporate governance seen key to protecting stakeholders' interest
Better corporate governance and corporate social responsibility (CSR) are key to protecting the interest of corporate sector stakeholders and strengthening the role of corporate houses in social welfare, an orientation session for journalists was told yesterday.It was felt that a pro-active role of the media can promote corporate governance and CSR in Bangladesh and curb corruption, which are closely linked with corporate governance in the present day context, according to a press release. It was also observed that corporate governance is one of the important factors determining the level of corruption. The orientation session on "Corporate Governance and Corporate Social Responsibility" was organised by Management and Resources Development Initiative (MRDI) under the auspices of Manusher Jonno Foundation (MJF) under a project titled "Bridging Corporate Sector and Media in Promoting Good Governance." Mamun Rashid, Citigroup country officer-Bangladesh, said transparency, accountability, control and reputation are the four key words related with corporate governance. He said CSR must not be confused with charity. CSR is now seen as business contribution to sustainable development, he added. He said the CSR priorities vary from one country to another based on the core values of each country. A total of 25 business and economic reporters from different national dailies, news agencies and electronic media took part in the session.
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Mamun Rashid (centre), Citigroup country officer-Bangladesh, addresses an orientation session on corporate governance and corporate social responsibility for journalists in Dhaka yesterday. Hasibur Rahman (left), executive director of MRDI, and Syed Ishtiaque Reza, chief news editor of RTV, are also seen. Photo: MRDI |
