Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 808 Sun. September 03, 2006  
   
Business


Taskforce formed for corporate governance, CSR issues
A five-member taskforce was formed yesterday to advocate the issues related to corporate governance (CG) and corporate social responsibility (CSR), says a press release.

Members of the Advocacy Taskforce are MA Momen, president of Dhaka Chamber of Commerce and Industry (DCCI), Rokia Afzal Rahman, president of Women Entrepreneurs Association of Bangladesh, Annisul Huq, chairman of Mohammadi Group, Syed Fahim Munaim, managing editor of The Daily Star; and Shaukat Mahmood, editor (News) of Baishakhi Television.

The Advocacy Taskforce has been formed under a plan of Management and Resources Development Initiative (MRDI) supported by Manusher Jonno Foundation (MJF). The initiative is expected to help bridge the gap between the corporate sector and the media.

Under this initiative, the Taskforce will work on internal governance, disclosure and compliance issues, public affairs/relations and CSR issues and also promote CG and CSR issues through media.

The Taskforce has primarily identified some stakeholders with whom it will hold advocacy meetings to improve the existing corporate governance situation and make the corporate bodies more responsive towards the society.

The primarily identified stakeholders are Securities and Exchange Commission (SEC), Dhaka Stock Exchange (DSE), chartered accountancy association, employers' organisations, business chambers, National Board of Revenue (NBR), leather, pharmaceuticals, RMG and frozen food associations, and the newspaper editors and publishers.

As part of this initiative an ad hoc committee will also be formed with NGO and civil society representatives, labour associations and other stakeholders.