Governance Related Challenges in the Operation of Mobile Telecommunication Industry in Bangladesh

IF 3 Q2 OPERATIONS RESEARCH & MANAGEMENT SCIENCE
Dr. Yesmin Sultana, Dr. Mohiuddin Md, J. Shaown
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Abstract

The mobile telecommunication Industry in Bangladesh is conquered by only four players: Grameenphone, Banglalink, Robi Axiata and finally the state-owned company Teletalk. The oligopolistic nature of this industry in Bangladesh offers a fascinating prospect to study. Bangladesh positioned 5th in Asia Pacific Region and 8th globally in terms of market size for the inimitable mobile subscriber. The mobile telecommunication industry contributed GDP is 1.8% of the country through their voice call and internet. The mobile telecommunication industry is in gush for the increasing demand of smartphone as time progress. This industry is also contributing 30% job opportunities in the country. The aim of this paper is to highlight the main governance related challenges being faced by the companies operating in this industry. The data were mainly collected by captivating interviews with the company CEO, Company Secretary, Internal Audit Head, External Audit, Independent Directors and BTRC Chairman. Also, some secondary data were collected from company websites, annual reports, other related publicly available documents. The pragmatic evidence discovered area specific governance challenges such as lack of formal training for the board members, absence of cyber security introduction, no presence of institute directors of Bangladesh, lack of in-house program, absence of robust succession planning, lack of formal compliance and ethics programs in-house and industry level etc. Also, the various sub-committees (i.e. audit committee, nomination committee, remuneration committee etc.) were found ineffective to some extent. The study proposed some recommendations to overcome these lacking. The findings to the study are expected to have significant policy implication in reforming the corporate governance regulations in Bangladesh and Mobile Telecommunication industry in particular.
孟加拉国移动电信行业运营中与治理相关的挑战
孟加拉国的移动通信行业被四家公司所征服:Grameenphone、Banglalink、Robi Axiata和最后一家国有公司Teletalk。孟加拉国这个行业的寡头垄断性质提供了一个令人着迷的研究前景。就独特的移动用户市场规模而言,孟加拉国在亚太地区排名第五,在全球排名第八。移动通信产业通过语音通话和互联网对国内生产总值(GDP)的贡献为1.8%。随着时间的推移,移动通信行业对智能手机的需求也在不断增加。该行业还为该国贡献了30%的就业机会。本文的目的是强调在该行业中运营的公司所面临的主要治理相关挑战。数据主要通过对公司首席执行官、公司秘书、内部审计主管、外部审计、独立董事和BTRC董事长的迷人访谈收集。此外,还从公司网站、年度报告和其他相关的公开文件中收集了一些二手数据。务实的证据发现了特定领域的治理挑战,如董事会成员缺乏正式培训、缺乏网络安全介绍、孟加拉国研究所主任缺席、缺乏内部计划、缺乏强有力的继任计划、缺乏内部和行业层面的正式合规和道德计划等。此外,各小组委员会(即审计委员会、提名委员会、薪酬委员会等)在某种程度上被认为是无效的。本研究提出了一些克服这些不足的建议。研究结果预计将对改革孟加拉国公司治理法规,特别是移动电信行业具有重要的政策意义。
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来源期刊
CiteScore
8.50
自引率
33.30%
发文量
40
期刊介绍: International Journal of Management Science and Engineering Management (IJMSEM) is a peer-reviewed quarterly journal that provides an international forum for researchers and practitioners of management science and engineering management. The journal focuses on identifying problems in the field, and using innovative management theories and new management methods to provide solutions. IJMSEM is committed to providing a platform for researchers and practitioners of management science and engineering management to share experiences and communicate ideas. Articles published in IJMSEM contain fresh information and approaches. They provide key information that will contribute to new scientific inquiries and improve competency, efficiency, and productivity in the field. IJMSEM focuses on the following: 1. identifying Management Science problems in engineering; 2. using management theory and methods to solve above problems innovatively and effectively; 3. developing new management theory and method to the newly emerged management issues in engineering; IJMSEM prefers papers with practical background, clear problem description, understandable physical and mathematical model, physical model with practical significance and theoretical framework, operable algorithm and successful practical applications. IJMSEM also takes into account management papers of original contributions in one or several aspects of these elements.
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