{"title":"Governance Related Challenges in the Operation of Mobile Telecommunication Industry in Bangladesh","authors":"Dr. Yesmin Sultana, Dr. Mohiuddin Md, J. Shaown","doi":"10.36647/ijsem/09.10.a004","DOIUrl":null,"url":null,"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.","PeriodicalId":46578,"journal":{"name":"International Journal of Management Science and Engineering Management","volume":null,"pages":null},"PeriodicalIF":3.0000,"publicationDate":"2022-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Management Science and Engineering Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.36647/ijsem/09.10.a004","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"OPERATIONS RESEARCH & MANAGEMENT SCIENCE","Score":null,"Total":0}
引用次数: 0
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.
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.