Definitions
- Public and private bank:
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Public banks are those banking institutions where the majority shares are owned by the government, and private banks are those banks where the majority shares are owned by private persons.
- Nonperforming loan:
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Nonperforming loan is a loan that is in default or close to being in default. They are nonperforming as the loans cease to perform or generate income for the bank (BB 2017).
- Transparency:
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A state of affairs in which the objectives of policy; its legal, institutional, and economic framework; policy decisions and their rationale; and data and information related to monetary and financial policies, and in terms of agencies’ accountability, are provided to the public on an understandable, accessible, and timely basis (IMF 1999).
- Accountability:
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Accountability exists when there is a relationship where an individual or body and the performance of tasks or functions by that individual...
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Sultana, S. (2019). Failure of Corporate Governance in Banking Sectors of Bangladesh. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_3471-1
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DOI: https://doi.org/10.1007/978-3-319-31816-5_3471-1
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