Political Business Strategies: The Case of Bangladesh

Political business is termed as the businesses developed by or develop politician. Business owners want
political support for achieving higher profitability with power exercise and incumbent politician (Members of
Parliament) want huge amount of money backed by big entrepreneur. This study explores that political
business strategy in Bangladesh is focused on profit maximization (54%); sustainable growth (11%),
diversification (11%) and power exercise (9%). Likewise, the political strategy of businessmen-politician is on
social welfare (57%), self-actualization (19%), power gain (13%) and economic gain (8%). This project also
reveals their preferred business sectors as Apparel (24%), Banking & Insurance (18%), Real estate 15% and
Media & Communication 12%. Likewise, their preferred wealth are Bond, LC & Share (38%), Cash (30%),
Deposits in Banks & Financial Institutions (23%), and Gold and Jewelries 6%. This strategic investigation
develops a diamond model on this political business strategy including wealth and sectors.