Ownership structure in local cos needs to be balanced
19 January 2015
The Financial Express (Bangladesh)
Bangladesh, Jan. 19 — Ownership structure in the local companies needs to be balanced for limiting the domination of family stakes in order to help check the alleged practices of manipulating their operational and financial activities through Real Earnings Management (REM), a researcher said.
Referring findings of a study report on such an issue in Japan, an expert came up with the observation at an international conference on “Accounting for Capital Governance” Sunday. Dr Mohammed Mehadi Masud Mazumder, assistant professor of the Department of Accounting and Information Systems (AIS), Dhaka University, presented the study on “Real Activity-based Earnings Management in Japan: Examining the Roles of Sophisticated Investors” at a session of the conference. Continue reading