Part 1

Review of

“Securities Market in Bangladesh: A

Critical Appraisal of its Growth Since

its Inception in 1954”

Securities Market in Bangladesh: A Critical Appraisal

Article Overview

Author:

Dr. S. M. Solaiman, PhD, LLM

Senior Lecturer, Faculty of Law,

University of Wollongong, Australia

Journal Name:

Savings and Development

Volume:

29 (Year of Publication: 2005)

Issue:

2

Securities Market in Bangladesh: A Critical Appraisal

Introduction

Securities Market:

• Securities are bought and sold.

Bond Market

Derivatives Market

Equity Market

• Primary Market and the Secondary

Market.

Securities Market in Bangladesh: A Critical Appraisal

Article Summary

• Discuss the growth of the securities market

since its inception and to outline its

insignificant growth.

• The growth of the market was measured by

observing the growth pattern of listed

companies in the secondary market, the

number of companies going public and the

amount of public issues.

Securities Market in Bangladesh: A Critical Appraisal

• Reasons behind the failure:

• Weak legal and regulatory frameworks.

• Widespread corporate malpractice.

• Absence of educated market

professionals.

• Lack of foreign and institutional

investors.

Article Summary

Securities Market in Bangladesh: A Critical Appraisal

Article Organization

• Objective:

Discuss the securities Market and

outline its Insufficient growth despite

the long term operation.

• Literature Review & Methodology:

• Literature Review absent.

• No clear Methodology is defined.

• Article Body:

• Divided into distinct headings.