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January 17, 2026Open Access

Understanding stakeholder salience and its influence on corporate governance practices in an emerging country: An empirical study of the clothing industry in Bangladesh

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Authors

MAMd Khaza Ahmed

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Overview

This empirical study examines the impact of stakeholder salience on corporate governance practices in Bangladesh's clothing industry, suggesting improvements for emerging economies.

Key Points

  • The research investigates how stakeholder salience affects corporate governance practices in Bangladesh's clothing sector.
  • Applied qualitative methods, including case studies of three garment factories and 28 semi-structured interviews.
  • Utilized Mitchell et al.’s stakeholder identification and salience framework to categorize stakeholders.
  • Analyzed the influence of stakeholders based on power, legitimacy, and urgency attributes.
  • Identified eight key stakeholder groups influencing corporate governance practices.
  • Found that certification bodies, factory owners, and international buyers are powerful influencers, while workers have limited power.
  • Revealed that traditional governance models do not fully address the industry's unique challenges.

Cite This Study

Md Khaza Ahmed (2025) studied this question.

synapsesocial.com/papers/696b2631d2a12237a93497c1https://doi.org/10.15132/20000652
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