Vol. 07, No. 1, June 2013

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INFLUENCE OF CSR FACTORS ON THE IMAGES FOR FINANCIAL ORGANIZATIONS: A STUDY ON DUCH BANGLA BANK
(2013-12-17) Noor, Farhana; Faruque, Nushrat
In recent times social responsibility has become a well known idea in the corporate world. The research paper aims to underline the comparative picture of corporate social responsibilities (CSR) of Duch Bangla Bank Ltd.. This study necessitates the influence of CSR factors in images of financial organizations like DBBL. The purpose of this research is to identify the components that result in greater image. Fifteen (15) correlated variables are selected from related literatures. Factor analysis has been conducted to reduce the number of total variables because correlations exist among the pairs of variables. Bartlett’s test of Sphericity has been used along with the Kaiser-Meyer-Olkin (KMO) statistic. This analysis reveals the most important factors that contribute to the images of DBBL to perform corporate social responsibilities
LEADERSHIP PATTERNS IN THE PRIVATE UNIVERSITIES OF BANGLADESH: AN EVALUATION
(2013-12-17) Parvez, Mahbub; Iqbal, Mohammed Masum
With the emergence of private universities in Bangladesh, a substantial change has been taking place in the field of higher education for students and entrepreneurs. At present, there are 73 private universities which play a significant role in the tertiary education of Bangladesh and these universities are being regulated by the University Grants Commission of Bangladesh under The Private University Act, 2010. Besides, each university has its own leadership style to create competitive advantages which determine their position and success of these universities in this sector. The concept and characteristics of leadership in these private universities cannot be explained in simple words because leadership in the universities is mixed up with rules, regulations, hierarchical structure, friendship, respect, different touch of motivational factors, self-assessment, self-leadership and judgment. It is to mention that not only the concept of leadership, but also the practice of delegation & decentralization of authority in these universities are not revealed. Therefore, this paper has been undertaken to explore the leadership patterns of the private universities in Bangladesh
FIRE SAFETY AT HIGH-RISE SHOPPING MALLS AT DHANMONDI, DHAKA AND APPLICATION OF SAFETY AUDIT AS A PREVENTIVE MEASURE
(2013-12-17) Hossain, Mohammed Sakhawat; Suraya, Sayma
In our country safety is a common urge from almost every corner. We breathe in a society where we have to struggle for our basic issues like safety. Fire at different shopping malls is the clear evidence that safety at high-rise shopping malls was poorly measured. But a minimum courtesy from the concerned authority could mitigate this problem at the optimum level. This paper tries to depict the safety condition at high-rise shopping malls at Dhanmondi, Dhaka as well as to emphasize on safety audit to avert fire risk. Lack of formal safety audit department among the high-rise shopping malls at Dhanmondi is one of the major findings of the study. That’s why, efficient use of safety audit on behalf of the market management can be an effective tool to solve this problem
IMPLEMENTATION VIABILITY OF LEAN SUPPLY CHAIN CONCEPT IN THE APPAREL SECTOR OF BANGLADESH
(2013-12-17) Sultana, Mimnun; Islam, M. M Nazrul
Lean supply chain is the elimination of all waste, including time and one of the best options to enhance supply chain performance. The objective of this study is to reveal the concept, significance, implementation steps, and factors to implement lean supply chain management in the apparel industry of Bangladesh. Very few studies have been conducted to investigate the issue in Bangladesh. This research enriches theoretical contributions to knowledge and practical contributions to business organizations and progressed through physical survey to 17 renowned garments factories in Bangladesh which are in the lean implementation stage. This analysis is very essential due to the increase of economic importance of supply chains in enhancing competitive power in international markets and will stand as a benchmark to implement lean for other apparel industries in Bangladesh
SERVICE QUALITY OF FINANCIAL SERVICES IN BANGLADESH A STUDY ON A PRIVATE COMMERCIAL BANK
(2013-12-17) Iqbal, Mohammed Masum
To survive and succeed in competitive business environment, attracting new customers and retaining existing customers have no alternatives to a financial institution. And, in search of competitive advantages, companies are placing more and more focus on service quality. It has been observed from different researches that service quality contributes to the profitability and productivity of an organization significantly. Service companies like financial institutions can maintain successful relationship with customers if they can maintain quality of services expected by customers and keep the gap between expectation and perception of services minimal. The present study is undertaken to evaluate service quality of a leading private commercial bank in Bangladesh and measure the gap between expectation and perception of customers about financial services offered by it. To measure the quality, SERVQUAL model has been used as a tool with five different dimensions and twenty two statements. A survey has been conducted to evaluate quality and measure the gap of service quality. The management of the bank can get the insights of their service quality based on the scores of different dimensions and may take necessary measures to overcome the weak areas. The study reveals that there are gaps in every dimension of quality of services provided by the bank and the notable gaps lie with assurance, reliability and responsiveness of service quality. So, the bank should take necessary measures immediately in these specific dimensions to enhance quality of services for its sustainability
TAX REVENUE AND THE EFFECTIVENESS OF FISCAL POLICY: BANGLADESH PERSPECTIVE
(2013-12-17) Tasneem, Sara
Fiscal policy is of great importance in a developing country like Bangladesh. Tax revenue is not only a tool to implement the fiscal objectives but also a factor to determine fiscal policy effectiveness. The main aim of the study is to portray the contribution of tax revenue to economic growth, macroeconomic stability etc which are intended to be achieved by fiscal policy. Following a time series data from fiscal year 1989-90 to FY 2010-11. The prime finding of the study reveals that the tax revenue strives to attain the fiscal goals. The study also portrays the stimulating role of tax revenue to government to accomplish macroeconomic activities.
MEASUREMENT OF THE INFLUENCE OF FACTORS AFFECTING FOOD CROP MARKETING SYSTEM IN BANGLADESH: AN EMPIRICAL STUDY IN CHAKRAKHALI VILLAGE OF BATIAGHATA UPAZILLA IN KHULNA DISTRICT
(2013-12-17) Jahan, Sharmin; Alam, S. M. Reazul
Bangladesh has the potentiality to be a middle income country if it properly develops the agricultural ector through removing major obstacles facing by it. Almighty Allah has bestowed the country with fertile ands and favorable climate, so different types of food crops are produced here in plenty. In this connection, it is crucial to make an efficient marketing system for all types of agricultural crops. In this study, the marketing system of food crops was examined with the help of primary data collected from Chakrakhali pillage of Batiaghata upazilla. This paper investigates that the middlemen acquire the largest margin of rofits. Consequently, the farmers are always deprived of their just shares. Besides this, the farmers face a lot f problems regarding storage of produced crops, credit facility etc. The findings of this study suggest that government intervention in the form of price commission; auction system, cooperative marketing setting, to rage facilities and proper funding are desirable to ensure justice for all the market participants
UNIVERSITY STUDENTS’ ATTITUDES TOWARDS ADVERTISING: A STUDY OF DHAKA CITY OF BANGLADESH
(2013-12-17) Ahmed, Sayed Farrukh
This research investigates the attitudes of university students of Dhaka city towards advertising. The data were collected from randomly selected 200 students from both private and public universities in Dhaka city. The respondents were asked to answer a self-administered questionnaire consisting of 20 statements about advertising. R-mode factor analysis, frequency distribution were used to analyze data. The results of the study reveal that students have positive judgment about the economic impact of advertising. However, they have negative judgment about the ethical and social consequences of advertising. The students demand more regulations to control the advertising. The study recommends that advertisers should design factoriented, entertainment, excitement based advertising which may contain some sorts of emotional messages keeping in mind the traditions of Bangladesh. The advertising agencies should create successful advertising messages to reach the customers. Moreover, the study provides a useful benchmark for future research studies
BRAND EFFECTIVENESS: A STUDY ON EASTERN BANK LIMITED
(2013-12-17) Kabir, Shahana
A brand for a company is like a reputation for a person. Concluding statement in the beginning. This study identifies Eastern Bank Limited (EBL) as a brand and critically evaluates different aspects. Understandably, EBL performs the brand-related activities with some definitive objectives. By investigating the branding activities of one of the customer preferred banks in Bangladesh, it addresses the observations of the existing and probable clients. The research dissects the bank in question from branding point of view and recommends the area of look-out in course of time. The study reveals that over time EBL has been financially benefited through its effective brand management. The findings of this study suggest that EBL should hold its esteem and go for more constructive improvement areas which will pave the way of attaining supremacy among its peers in Bangladesh.
CLIMATE CHANGE IMPACT ON RICE PRODUCTIVITY IN BANGLADESH AGRICULTURE: AN ECONOMETRIC ANALYSIS
(2013-12-17) Ashraf, Mohammad A.
This paper has two objectives. First it attempts to detect the trend in the present upshots of global warming temperature data. It has been done through the estimation of the long memory fractional parameter, d using simulation technique in the presence of additive outliers, which stand as wild observations generated in the atmosphere due to global warming. Then, the study investigates into the impact of global warming, precipitations and carbon concentration in the air on the particular aspect of rice production in Bangladesh agriculture. The simulation result exhibits a non-trend or a natural cyclical variability that is influenced by a stochastic process in the case of climate change behavior with wild observations (outliers) that produce a contradictory outcome of profound uncertainties against the case of true world temperature systematic data trend. The results of regression analysis show that climate change has a profound impact on rice productivity in Bangladesh agriculture. Overall results of the study indicate that climate change has profound effects on agricultural food production of Bangladesh agriculture
AN ANALYSIS OF EXPORT AND IMPORT GROWTH OF BANGLADESH: A STUDY ON READY-MADE GARMENT (RMG)
(2013-12-17) Nargis, Nusrat
This paper attempts to identify the challenges of ready-made garment (RMG) exports of Bangladesh. Descriptive analysis was used to analyze the export challenges of Bangladesh. It has been identified that Bangladesh highly depends on ready-made garment (RMG) exports for its foreign exchange earnings. In spite of great challenges, the country became the world’s second largest exporter of garment goods to the European Union. It also exports a significant amount of goods to the United States. This study identified that the country would lose its buyers if it delayed to take necessary actions for the recent crisis created in this industry. The buyers are warning the country to take immediate steps to solve the crisis. Otherwise, Bangladesh maybe deprived of getting the benefits of Generalized System of Preferences (GSP). To bring back the confidence of the buyers, Bangladesh has to act quickly and promptly by introducing new labor laws for the garment workers.
COMPARATIVE ANALYSIS OF LIQUIDITY POSITION OF BANKS: A STUDY ON SOME SELECTED CONVENTIONAL AND ISLAMIC BANKS IN BANGLADESH
(2013-12-17) Akhter, Sabrina; Rahman, Shah-noor
The issue of liquidity crisis drew global attention during the recent global recession after several hundred of commercial banks, including few giants, across the globe turned bankrupt following cash starvation putting the savings of their consumers at great stake. Banking sector of Bangladesh faced the ripple effect of the global financial crisis quite heavily. The issue of adequate liquidity maintenance became a great concern for the commercial banks ever since. They felt the liquidity flow issue is of paramount importance to keep the banking system smooth. The study focused on the liquidity management of six commercial banks under two categories - Conventional commercial banking and Islamic commercial banking. A comparative analysis has been carried out to compare the liquidity position of the leading banks in Bangladesh from the period of 2007 to 2011. The analysis took into account both the short-term and the long-term liquidity position and also maturity-wise liquidity position of the six banks. The researchers also analyzed the liquidity position by using the key performance indicators (KPI) of those banks and observed that in case of maintaining liquidity, Islamic banks are in better position than the conventional banks.
SPONSORSHIP COMMUNICATION STRATEGY FOR THE ASTHMA SOCIETY OF CANADA: IMPLICATIONS FOR NONPROFIT ORGANIZATIONS IN BANGLADESH
(2013-12-17) Shimul, Md. Anwar Sadat
The Seja’s Run is a public awareness building program conducted by the Asthma Society of Canada and the Alumni Association of the Toronto French School for the last 18 years. The empirical evidences have shown that the Seja’s Run event can be expanded beyond its present limited audiences and community. The secondary analysis, in this paper, on the non-profit industry in Canada has demonstrated that corporations are significantly contributing to non-profit sector in the form of grants, donation, in-kind supports and sponsorships. However, non-profit organizations need to come up with well-designed communication strategy for soliciting and thereby convincing corporations for sponsorships. Over the previous years, the Seja’s Run got sponsorship mostly through personal relationships and contacts of the people involved in the event committee. After evaluating the present scopes and future potentials of the Seja’s Run, five major current donors of the event were interviewed regarding the event. Based on the comments and feedbacks from these donors, this paper also presents a guideline for designing sponsorship communication strategy for the non-profit organizations in Bangladesh
CORPORATE SOCIAL RESPONSIBILITY IN THE BANKING SECTOR: A COMPARATIVE STUDY ON SOME COMMERCIAL BANKS IN BANGLADESH
(2013-12-17) Hassan, Md. Arif
This paper scrutinizes the practices of corporate social responsibility (CSR) by commercial banks in Bangladesh and to assess the need to improve CSR by such organizations. The purpose of the study is to observe the framework of CSR areas and contribution to those areas by the Private Commercial Banks (PCB) and State Owned Banks (SOB) of Bangladesh. This study found that the contribution amount by commercial banks to CSR activities is very insignificant in proportion to their profit amount. This study suggests that a proper guideline by Government regarding CSR contribution, involvement of large corporation in CSR activities and mandating CSR disclosures in the annual report will fulfill the intended goals of the corporate organizations and also ensure a successful and sustainable development of the society.