Review of

Securities Market in Bangladesh: A

Critical Appraisal of its Growth Since
its Inception in 1954

Part 1

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

Article Summary
Reasons behind the failure:
Weak legal and regulatory frameworks.
Widespread corporate malpractice.
Absence of educated market
professionals.
Lack of foreign and institutional
investors.

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.
Securities Market in Bangladesh: A Critical Appraisal