Abstract: “In today's neoliberal world of globalization, financialization, and shareholder value maximization, companies often prioritize profit generation to proper governance practices, thus in cases leading to the demise of the business entities in the longer run. Similar incidents in the growing mobile telecommunication industry of Bangladesh such as the demise of the pioneering operator and tax compliance issues of the market leader have drawn attention to the level of corporate governance compliance of the companies operating in this industry. This paper specifically aims at measuring the level of compliance with corporate governance code by the mobile telecommunication companies in Bangladesh. This is measured from the score obtained on a modified corporate governance index (CGI) constructed based on five broad aspects of corporate governance, namely i) the board of directors; ii) management; iii) sub-committees; iv) reporting & disclosure; and, v) external auditing and these aspects were”

Keywords: Bangladesh, Corporate Governance Code, Corporate Governance Index, Telecommunication Industry