Journal of Innovation in Business Studies
The Future of HR: Leveraging Cognitive Computing for Strategic Human Capital Management in Bangladesh
Moving forward firms’ strategic incorporation of data-driven tactics, cognitive computing may alter human capital management. Whilst cognitive computing has displayed disruptive capabilities in areas including healthcare and finance, its usage in HR, specifically for strategic human capital management continues to remain ambiguous for developing economies like Bangladesh in particular. A great deal of research emphasizes operational automation despite not generating explicit models for incorporating cognitive tools with long-range HR planning. To convert conventional HR responsibilities to data-driven, customized and dynamic systems whilst addressing ethical, operational and organizational hindrances affecting adoption in various settings, this study plays a crucial role in investigation. The research applies a mixed-methods framework using qualitative data, blending primary data via FGDs alongside secondary data analysis of literature reviews and available datasets. Ten senior HR specialists joined in the FGD for the research. Moreover, Atlas.ti was applied for theme analysis in secondary research and this carefully analyzed perceptions, routines and relevant issues in the surveyed information. The present research revealed respondents' unison upon AI and eliminating routine and data-driven tasks. Although the respondents acknowledged that AI technologies are failing to work in Bangladesh, which was uncovered in secondary data. The FGD respondents’ acknowledgement of AIs’ limits in managing multifaceted, sentimental and ethical aspects aligns with the perception that human insights continue to remain vital. Crafting a hybrid approach blending technical acuity alongside sensitivity and ethical standards is imperative for traversing the era of jobs and developing robust, employee-oriented firms.
Jobaida Khanom Tohfa Jobaida Khanom Tohfa
Copyright (c) 2025 Journal of Innovation in Business Studies
Job Continuation Challenges of Women in Social and Economic Spheres of Corporate Job Sector in Dhaka City
The aim of this study is to find out the significant social and economic factors affecting the decision of job continuation of female employees in Dhaka city. The number of the educated women has increased greatly in Bangladesh over the years, but the country will not be able to reap the benefit fully if these women cannot continue their jobs. A closed ended semi-structured questionnaire was used to collect data from a sample of 199 women from the diverse backgrounds. Convenience sampling was used to collect the data. Probit regression was used to analyse the data. The analysis revealed that age, nature of job, marital status, hours spent doing household work and the bullying behaviour by boss or colleagues, the vehicle facility, the access to day care facility and the family pressure to quit jobs significantly affects the decision of job continuation of female employees. In line with the results of this study, government may provide incentives to various organizations and simultaneously design social interventions to prevent these women from discontinuing their jobs.
IFRS 8 Segment Reporting in Bangladesh: Insights into Practice and Determinants
This study examines IFRS 8 (International Financial Reporting Standards Operating Segment) segment reporting compliance, disclosure, and its determinants among listed manufacturing companies in Bangladesh. Utilizing a content analysis of the annual reports, the paper transforms IFRS 8 segment reporting requirements into a binary disclosure index to quantify compliance and disclosure levels. It found that 64.13% of the sampled companies have identifiable segment reports, while 26.08% of companies have an IFRS 8 compliance score greater than 0. The average compliance score is 15.79% and average disclosure score is 11.68%. The regression analysis found that firm size, Big 4 audit, and full segment reporting type are positively associated with compliance and disclosure, while earnings per share (EPS) is negatively associated. The findings support Proprietary Cost, Resource-Based View, Agency and Ownership Structure theories, alongside revealing issues of weak enforcement and low reporting quality. This study highlights the urgent need for stronger oversight, capacity building, and regulatory incentives to improve IFRS 8 compliance and enhance stakeholder confidence in the market.
Social Shopping Intention of the University Students toward Sustainable Goods: An SEM-Based Investigation
This study examines how the perceived information quality and the information credibility of social media shopping sites together with price consciousness shape the university students’ intention to purchase organic agricultural products as sustainable alternatives to traditional goods in Bangladesh. A survey of 160 university students was analyzed with partial least squares structural equation modeling (SEM) technique. The measurement model met standard reliability and validity criteria; collinearity was low. The information credibility and the information quality significantly increased social shopping intention, while price consciousness showed a non-significant effect. These findings are consistent with social commerce literature that emphasizes information cues and eWOM signals in shaping online decisions and suggest that credible, well-reasoned content may outweigh price considerations for this segment. Theoretically, this study contributes to elaboration likelihood model and information-adoption perspectives to social media context for sustainable consumption study. Practically, the findings motivate marketers to strengthen their communication sources and information presentation, rather than follow price-only promotional strategies.
Enhancing Remittance Potential through Targeted Skill Development for Bangladeshi Migrant Workers in GCC Countries
Labor migration from Bangladesh, largely to the Gulf Cooperation Council (GCC) countries, plays a pivotal role in the national economy through remittance inflows. Nonetheless, the concentration of Bangladeshi workers in low skill occupations limit their earning potentials which reduce positive impact of remittance on national growth. This study ascertained the skills sought after in the GCC countries, skill gaps among Bangladeshi workers, and priority skills developmnet areas for increased wage and remittance inflows. Using a mixed-methods exploratory sequential design, the study combined qualitative insights from eight Key Informant Interviews (KIIs) with a structured survey of 300 Bangladeshi migrants employed in the service sector of GCC countries. Thematic analysis of the qualitative data identified key skill deficiencies among Bangladeshi workers and employers’ expectations, while quantitative analysis through correlation and multiple regression identified direct and indirect effects of various skills on wage outcomes. Technical training and work experience have been identified as the strongest predictors of wages, while language proficiency, ICT literacy, legal awareness, and soft skills play an enabling role by facilitating access to higher paying jobs. This study showed empirical evidence to the application of human capital theory in international labor migration, offering policy-relevant recommendations for aligning Bangladesh’s skill development infrastructure with labor market demands in destination countries. It highlights need for focused training programs to facilitate migrant workers’ employability, wage outcomes, and the broader economic impact of remittances.
The Effectiveness of Storytelling in Customer Acquisition for IT Training Startups in Bangladesh
This study looks at how Bangladeshi IT training firms could leverage storytelling in their marketing activities to acquire clients for their training courses. Storytelling Credibility, Emotional Connection, Story Relevance, Story Consistency, and Brand Authenticity are the five primary components in this study. According to a survey of 384 people, 74.6% of consumer decisions to enroll in IT training modules can be attributed to storytelling. More specifically, Customer Acquisition was found to be most impacted by Story Consistency and Brand Authenticity of marketing activities, while Emotional Connection showed a moderate effect. Moreover, the research found that storytelling that is not relevant has a counterproductive effect on customer acquisition. Based on this study, companies can attract customers by using consistent, genuine, and trustworthy storytelling. This study validates the idea that storytelling is an effective strategy for increasing consumer involvement in a competitive marketplace. Furthermore, this research indicates that integrating digital storytelling into marketing activities can strategically improve customer reach, turnover, and brand reputation.
The Impact of Digital Workplace Surveillance on Employee Productivity and Job Satisfaction: Exploring the Mediating Role of Trust
This study examined the dual impact of digital workplace surveillance (DWS) on employee productivity (EP) and job satisfaction (JS), through the mediating role of trust (TR). This study aims to reconcile these competing perspectives by investigating how trust mediates the relationship between DWS and key employee outcomes. A quantitative research design was employed using Partial Least Squares, Structural Equation Modeling (PLS-SEM) to analyze data collected from 350 employees in the tech-based service sectors where DWS practices are prevalent. The conceptual framework integrates Social Exchange Theory, Affective Events Theory, and Task-Technology Fit Theory to explain the hypothesized relationships. The results reveal a paradox where DWS directly improves shortterm productivity (β = 0.703, p < 0.001), it simultaneously impacts trust (β = 0.666, p < 0.001), which has significant positive effects on both productivity (β = 0.279, p < 0.001) and job satisfaction (β = 0.347, p < 0.001). The stronger mediation of trust on job satisfaction and productivity suggests affective primacy of trust, consistent with Affective Events Theory. Organizations must balance the benefits of surveillance with the need to preserve trust. To minimize the damaging effects, the study recommends ensuring transparent communication, employee participation in designing policies, and careful monitoring of the situation. This study overcomes the “productivity paradox” using a dual-path model. It establishes trust as a vital mediator, especially for JS, and integrates DWS effects. Thus, policymakers may gain important insights for improving the manipulation process
S.K Md Anik Hassan Rabby S.K Md Anik Hassan Rabby
Adoption Barriers to Supply Chain Digitalization: A study on ReadyMade Garment Sector of Bangladesh
This study systematically examines the challenges towards the adoption of digitalization in the Ready-made Garment industry of Bangladesh. Though ReadyMade Garment (RMG) has been a major contributor to the economy of Bangladesh and digitalization in this industry was supposed to ensure significant efficiency & effectiveness, the sector is facing numerous challenges such as Servicing errors, Training challenges for the typical employees, Time barrier for global communication, Reluctance to new technology etc. which are threatening for this industry in the long run. The researchers have employed qualitative research methods, utilizing focus group discussions (FGD) with 8 groups consisting of a group of highly experienced supply chain managers & executives across multiple factories who have experienced the supply chain practices transition from tradition to digitalization. Data was analyzed using thematic analysis with the aid of Atlas.ti software. The study explored key themes such as Error, Training barriers, Time constraints etc. Findings from this study have been triangulated with the secondary data from existing literature to validate the insights. The qualitative nature of the study and small sample size limit generalizability. Additionally, the sizes of the firm & the intensity of the adoption of the digitalization require further exploration. Future research could focus on cross-sectional studies and the integration of other macro-environmental factors to address the real challenges of this sector adopting digitalization. The study shares unique findings for the managers and policymakers of RMG industry by identifying significant infrastructural, psychological, and social challenges faced by the users. Support from the govt, Infrastructural investment, Adequate training programs should be taken as initiatives suggested by the experts.
A Review of Relevant Theories in International Public Sector Accounting Standards Research and the Motivation for Theoretical Pluralism
International Public Sector Accounting Standards (IPSAS) have been the focus of numerous research endeavours over the past years. Researchers of IPSAS have employed various theoretical underpinnings till now. However, academics frequently comment on the need for a proper theoretical framework for Public Sector Accounting (PSA) reform research. This study aims to review the theoretical foundations applied in IPSAS research. This study mainly focuses on the theories deployed in IPSAS-based PSA reform research and how these theories are employed to explain the phenomenon of PSA. Several publications from renowned journals published between 2000 and 2023 on the IPSAS were selected and reviewed in a structured way. The study finds that while half of the reviewed papers have utilized a single theory, a significant number of papers (28%) lack a theoretical framework. In addition, it is revealed that about 21% of reviewed papers have used multiple theories. The novelty of this study lies in the discussion of the theory used in IPSAS-based PSA research. Moreover, it discusses the motivation of multiple theories. This study enhances the body of knowledge of PSA and offers valuable insights for researchers, academicians, and PSA policymakers. In addition, the findings of this study contribute to the broader debate on the application of multiple theoretical lenses in IPSAS research.
International Public Sector Accounting Standards (IPSAS)
Md. Salah Uddin Rajib Md. Salah Uddin Rajib
Understanding Digital Customer Satisfaction in the Era of 4th Industrial Revolution
Industrial revolution 4.0 has inevitable impact on production and Business. In business, customer satisfaction is pivotal and significant. In this technological advancement and revolution, digital customer satisfaction trend can be definitely transformed over the time. This study would like to find out the several factors which have diversified impact on digital customer satisfaction in the era of 4th industrial revolution in developing country like Bangladesh. The major 8 divisions have been targeted as population for covering the context of this study. Traditional buyer and digitalized customer are identically differing in this digitalized world. Digital customers know better their need and usage of technology. Though digitalization is a fact now, customer satisfaction can be diversified by several factors. There have been several impactful variables whose have significantly influenced customer satisfaction. This study has found five major latent constructs- Digital literacy, perceived benefits, perceived risk, quality factors and customer attitude for understanding. This factor contains several variables which also play very pivotal role for customer satisfaction. Therefore, these variables have been examined by exploratory factor analysis and confirmatory factor analysis. Using Likert method, a questionnaire was prepared for survey along with some demographic information. The survey has been executed on small size of sample. Responses from survey were used to analyze the factors using SPSS and smart PLS. As for analysis, factors have been loaded using Oblique method of rotation. In such way, underlying latent factors for consumer satisfaction have been explored and explained. The selected variables have been positively correlated and the entire developed hypotheses are being accepted by the alternative. In CFA model the variables direct relation has been examined and projected. Finally, several practical and theoretical implications have been drawn along with direction for future researcher in the later part of this paper.
Copyright (c) 2022 Journal of Innovation in Business Studies
The Effect of Working Capital and Cash Holding Level on Firm Performance: Evidence from the Covid-19 Pandemic
Short-term financing decisions on liquidity management have significant implication on firm’s financial profitability. The importance of having proper liquidity is proven to be even more prevalent in the times of the Covid-19 pandemic. The purpose of this paper is to examine how liquidity can influence the financial performance of a company before and after the pandemic. This study used 29 listed Bangladeshi banks and financial institutions. 5 years from 2016 to 2020 are taken as samples. Correlation matrix, multivariate OLS regression analysis, panel data random-effect regression statistical measures are used to evaluate the data. Additionally, the interaction effect of explanatory variables and lagged variables of dependent variables has been used to increase the reliability of the findings. Our results portray that both current ratio and cash holding level have positive relationship with firms’ profitability. However, as dictated by trade-off theory, there is an inverted U-shaped relationship as the values of current ratio and cash holding levels increase. Another major finding of the study is the negative impact of the covid-19 pandemic on both ROA and ROE. Among the control variables, growth of operating profit shows positive relationship and the other variables – firm size, debt to equity ratio and loan to deposit ratio show negative relationships.
Ashraful Islam Faysal Ashraful Islam Faysal
Impact of SERVQUAL Dimensions on the Service Quality and Continuance Usage of mHealth Services: A Study on End-users of mHealth Services in Bangladesh
The usage of mHealth services is rising in Bangladesh, especially during the COVID-19 pandemic. The dimensions of SERVQUAL Model regarsding mHealth and their associations with service quality and continuance usage were thoroughly assessed in this study. The objective of the study was to observe the impact of the SERVQUAL dimensions on the service quality and continuance usage of mHealth. Primary data were collected from 191 end-users of various mHealth services available in Bangladesh. The data were analyzed using SEM modeling technique through the usage of the credible software Smart PLS 3.0. This study contributes to the emerging mHealth scenario in Bangladesh by unveiling that the dimensions: reliability, responsiveness, assurance, and advocacy have positive influence on service quality, and only the dimensions- assurance and advocacy- have positive association with continuance usage of mHealth services. It was also found that, the constructs empathy and tangibles do not have any positive association with service quality of mHealth. On the other hand, reliability, responsiveness, empathy, tangibles, and service quality itself do not have positive relationship with usage continuity. Additionally, this study creates opportunities for further research in the flourishing mHealth literature in the context of developing countries like Bangladesh.
Mohammad Zahedul Alam, PhD Mohammad Zahedul Alam, PhD
Perceptive Factors Influencing the Effectiveness of Customer Loyalty through Satisfaction in the Evolving Supermarkets of Bangladesh
The limited research conducted on the emerging supermarkets of Bangladesh motivates this study to make supermarkets more profitable, attractive and dynamic. This paper aims to investigate the influence of perceptive factors to attract and create loyal customers for the emerging supermarkets of Bangladesh. Data has been collected from 360 valid supermarket consumers by self-administered and random sampling questionnaires using 5 points Likert scale surveying three selected emerging and major supermarkets of Bangladesh. Exploratory factor analysis (EFA), Confirmatory Factor Analysis (CFA), and Statistical Equation Modeling (SEM) has been utilised as statistical tools to analyse the data and to confirm the Hypothesised Model using AMOS. The research finds that Hedonic and Utilitarian Gratification has a significant role in influencing the effectiveness of Customer Loyalty through Satisfaction in the supermarkets of Bangladesh. This research will provide supermarket entrepreneurs with a solid understanding of formulating potent plans to attract and retain more customers, keep them loyal, and increase profit.
Loyalty Programs in Supermarket of Bangladesh
Mohammad Kamrul Ahsan Mohammad Kamrul Ahsan
Export-led Growth (ELG) Hypothesis in BCIM Countries: A Panel Econometric Analysis
This study explores the stability and causality of the export-led growth (ELG) hypothesis for Bangladesh, China, India, and Myanmar, commonly known as BCIM countries. ADF and KPSS unit root tests are employed to check the stationarity of time series data and ARDL approach for long-run co-integration among the variables. MWALD Granger causality test is also used to determine the direction of causality among the variables. It is found that both export-led growth (ELG) and growth-led export (GLE) hypotheses are stable in Bangladesh and India; only ELG theorem is relevant to China; and GLE hypothesis is valid in case of Myanmar. In this study, unidirectional and bidirectional causal associations between the variables determine the relevance of ELG and GLE hypotheses in the context of BCIM countries. It is mentionable that any joint step of BCIM countries is critical to promote exports by penetrating new destinations with diversification of exports of goods and services. The study findings also suggest the potential for utilizing unused resources of these countries to promote exports in order to reach a spectacular growth path.
Dr. Md. Moniruzzaman Dr. Md. Moniruzzaman
Capacity Utilization and Production Efficiency of Sugar Industry of Bangladesh: An Application of DEA
The current production of Sugar in Bangladesh is about 60 metric tons, which is only about 5% of the total demand for sugar in the country. One of the causes of lower sugar production in the industry is the insufficient supply of sugarcane in the factories and the sugar recovery rate is very low. Again, the industry is running only at 33% of its sugar production capacity and is a losing concern for the government of Bangladesh. The study aims to investigate the capacity utilization and production efficiency of sugar mills and identify the relationship between these two. It uses Data Envelopment Analysis (DEA) to measure the production efficiency of 15 sugar mills under BSFIC for a period covering from the fiscal year 2015-16 to 2019-20. DEA is a linear programming-based technique that mirrors the capability of a decision-making unit to attain the highest level of output from a given set of inputs. To measure the efficiency, the study considers the consumption of sugarcane, crushing days, the number of employees as input variables, and the amount of sugar and jaggery production as output variables. The result shows that the overall efficiency under CRS is 0.868, which indicates that the industry is running with a 13.2% efficiency loss. The lowest efficiency score in the industry is for Rangpur Sugar Mill (0.664) represents that the mill can reduce its consumption of inputs by 33.6% without affecting the number of outputs. The findings can help policymakers formulate policies to enhance the operating efficiency of the sugar mills running in the economy. It can also provide guidelines to the development partners in identifying the priority of their development initiatives.
Impact of Influencer Marketing on Brand Awareness in the COVID-19 Hit Market: The Moderating Effect of Price Sensitivity
The COVID-19 pandemic has forced our life to stay-at-home orders and disrupted all aspects of our life, which made our relationships stay connected with social media. Marketers of the different products and services have adopted the new shift of life; as a result, they have embraced influencers to establish communication as a digital approach. The research would like to investigate the problem related to the determining factors of brand awareness in the COVID-19 situation, which has not been clarified in previous studies. This study aims to investigate the factors affecting purchasing intention through the influencer marketing approach in the COVID-19 hit market of Bangladesh. The study also analyzes the moderating role of price sensitivity between brand awareness and purchase intention. Data were collected through an online survey utilizing the sample random sampling technique from the Y generation users. A total of 258 data were analyzed by using structural equation modeling. The study shows that e-WOM (electronic-Word of mouth), content quality, and influencer attractiveness significantly impact building brand awareness through influencer marketing. Moreover, it was found that price sensitivity has no impact between brand awareness and purchase intention. The study contributes by attributing to the Theory of Reasoned Action (TRA), arguing from the perspective of rational and systematic evaluation in purchasing behavior. This empirical study can suggest to brand or campaign managers that influencers' information matters in converting audiences to customers. This research is the first study that empirically analyzes the reasons behind purchasing through influencer marketing.
Board Gender Diversity and Financial Distress Risk: Evidence from Bangladesh
The study aims to find out whether board gender diversity matters in the corporate board and whether it can be valuable for predicting financial distress risk. The data set consists of 370 firm-year observations gathered from DSE-listed manufacturing firms during 2012-2019. The mean value shows the ratio of female directors in Bangladeshi firms is greater than in India but lower compared to other developed countries. Besides, the presence of female directors is greater in FD (financially distressed) firms than in non-FDs during the study period. Logistic regression finds a positive but statistically insignificant influence of BGD on the likelihood of FD. This finding proves the argument placed by other authors about female directors being the victims of tokenism specifically in family firms. Practically, the study will provide exclusive inputs for ensuring gender equality in corporate top management positions and facilitate reforming governance guidelines specific to country and culture relevant
History and Institutional Setting of Corporate Social Reporting (CSR): The Japanese Context
The purpose of this study is to sketch the history of the Japanese CSR and put up the determinants of its unique institutional settings by following a semi-systematic literature review. Findings suggest that Japan has a rich history of environmental reporting. It is a code-low-based country where CSR-context is voluntary and is featured with flexible guidelines, social responsibility-based corporate philosophy and internally collaborative corporate culture; these attributes are positive for the growth of CSR in Japan. However, this growth could be halted due to excessive dependency on local guidelines; additional challenges for the Japanese CSRs are environmental-heavy disclosures, dwarfed social disclosures, information overload, overlooking ESG-based targets and less integration between the financial and non-financial parts of the CSR. This paper contributes by formulating an institutional framework dedicated to the understanding of Japanese CSRs’ unique attributes;CSR-focused researchers and non-financial framework/standard setters are likely to draw value from this endeavor.
SERVQUAL Model Dimensions and Customer Satisfaction towards Ride-Sharing Services in Dhaka City
Ride-sharing services have become an integral part of the sharing economy, especially in the transport sector. Previous study findings suggest that there is a lack of literatures on SERVQUAL model dimensions and customer satisfaction of ride-sharing services in Dhaka city. Therefore, this study attempts to explore this issue. The researchers used convenience-sampling method; data were collected from the ride-sharing services users in Dhaka city through an online closed-ended self-administered structured questionnaire survey. 500 questionnaires were distributed to the respondents through online platforms whereas 300 questionnaires were received, and 238 valid responses were considered for data analysis. The survey data were analyzed based on construct validity, convergent validity, and structural modeling using SmartPLS3.0. The researchers found that reliability, assurance, and empathy are significant constructs where tangibility and responsiveness are found to be statistically insignificant. This study has presented one of the first attempts in Bangladesh context where the relationship among the services quality dimensions and customer satisfaction in ride-sharing services was explored from the customer perspectives. In a developing country like Bangladesh, at the execution level, the service providers should resolve the dissatisfactory factors of the users to make the ride-sharing services more acceptable and friendlier.
Copyright (c) 2021 Journal of Innovation in Business Studies
Nexus Between Psychological Empowerment and Creative Process Engagement in A Moderated Mediation Mechanism
Using the lens of multi-theory and multi-level perspective based in an Asian emerging economy, the present study investigates the influence of psychological empowerment (PE) on creative process engagement (CPE) in a moderated mediation mechanism. The study collected cross-sectional data using the convenience sampling method from small and medium enterprises and used partial-least square based structural equation modelling (PLS-SEM) for engendering the statistical estimates. The deductive reasoning approach was followed to frame the research design. The results revealed that psychological empowerment influences creative self-efficacy (CSE), and CSE affects CPE. However, the moderated mediation effect on CPE was not found supported. The study attests to roadmaps how the results contribute theoretically, academically, and empirically. Finally, the current research concludes by noting a few shortcomings to contribute and advance the knowledge in the future.
Md. Aftab Uddin, PhD Md. Aftab Uddin, PhD
Creative Accounting Practices: Perception Gap Analysis among Users and Preparer of Financial Information
This research explores the views of creative accounting practices and perception gap between the present and potential users and preparers of financial report accentuating on developing country perspective. Creative accounting is the misstatement of financial information being within the periphery of edict. Data were collected through a questionnaire survey to analyze the views of respondents. Optimization of benefit of the manipulators is the main reason of practicing this negative creativity for preparing company report. Respondents have significant perception gap about the overall view of this financial reporting and creativity of information. Lack of regulation, flexibility in regulation, discretionary position of management team and transaction timing will act as vital components of negative creativity. However, independence of external auditors and number of outside directors may lessen the use of creative accounting. As creative accounting is legal; strong, virtuous and ethical values are essential to reduce the implication of it.
Perception Gap and Financial Information
Mohammed Moin Uddin Reza Mohammed Moin Uddin Reza
Corporate Risk Reporting and its Determinants: A Systematic Review
This review aims to summarize the risk, management of risk and risk reporting related researches around the world. Through the systematic review, the research papers written from 2004 to 2021 have been reviewed. In this review, it has appeared that the degree of revealing risk contents is still poor. The quantity of risk reporting varies among the nations. In some countries, risk reporting is satisfactory but in others it is very poor. The types of disclosures whether it is voluntary, or mandatory depend on the country’s perspective. Mainly, the elements of governance of company (size of board, independent directors, pattern of ownership, role duality and audit quality), size of company, the degree of risk and the profitability are the key determinants. Moreover, industry type, competition and environmental sensitivity are found as the determinants of risk reporting in some previous research works. This paper is useful to identify the gap for new research in this area.
Determinants of Corporate Risk Reporting
Efficiency and Productivity Measurement for Sustainability of Selected Textile Companies in Bangladesh: An Application of Data Envelopment Analysis
Inefficiency and less productivity can create unsustainability. This study aims to analyze the productivity and efficiency for the economic sustainability of selected textile companies in Bangladesh. The study selects Nineteen (19) companies conveniently based on data availability of annual reports and only secondary data of six years has been collected and analyzed. Cost of materials, wages and salaries, energy and fuel costs, and total assets are input variables while sales, gross profit and net profit are used as output variables for this study. The researcher uses the Malmquist Productivity Index (MPI) and also examines the profit trend over the mentioned period. The study results reveal that Rahimtex is efficient whereas Argondenims & Apexspin are relatively efficient; all other companies are inefficient in terms of total factor productivity. However, Maksonspin, MHSML and Zaheenspin are highly deteriorated from the benchmark. Technological change is responsible mainly for such inefficiencies. The study also finds the profit trend of the sample companies is in mixed position and not increasing accordingly as sales and costs. Thus, advanced technology and efficient management are required to increase the productivity & profitability for sustainable textile companies in Bangladesh. Government may provide conditional cash and tax incentives to get advanced technologies and managers can hire the applied knowledge to grow the success seeds in own.
Md. Saheb Ali Mondal Md. Saheb Ali Mondal
Impact of Knowledge Management System Acceptance Behaviour on Value Creation in the Banking Sector
Nowadays,Knowledge Management System (KMS) in the modern bank management system enhances value creation bank performance and fostering their competitive advantage. Despite many benefits of KMS, low acceptance of KMS has been a common problem for successfully implementing KMS in the Bangladeshi banking sector. Therefore, this paper tried to identify the factors that led to the acceptance of Knowledge Management System by extending the UTAUT model to promote value creation. Data were collected from 240 respondents from 15 different branch employees who had used KMS in their daily banking activities in Bangladesh. In the current study, survey data were analysed using Partial Least Square (PLS) method. Our research findings showed that performance expectancy and effort expectancy significantly influenced behaviour intention; on the other hand, social impact has no considerable effect on behaviour intention. The empirical study also revealed that employee facilitating conditions and behaviour intention play a significant role in employees' acceptance behaviour of KMS. Therefore, the current findings of this paper will enrich KMS adoption and value creation literature. This study has confirmed the applicability of the extended UTAUT model in the context of KMS acceptance behaviour among employees for value creation performance. It will also help Bangladeshi bank owners take proper initiative to emphasize this specific area. As a result, the employee can use KMS frequently for improving the organizational outcome.
Mohammad Abdullah Mahfuz, PhD Mohammad Abdullah Mahfuz, PhD
Assessing the Mediating Role of Talent Engagement between Talent Development and Retention
This study attempts to examine the impact of talent development on retention and the mediating effect of talent engagement between talent development and retention. The study analysed 450 samples of top, mid, and lower-level officers working in pharmaceutical companies of Bangladesh. Data were collected using google form. Structural Equation modelling (SEM) was employed using AMOS to test the research framework. Talent development was connected positively with both retention and engagement. The positive relationship between talent engagement and retention was also accepted. Furthermore, the mediating impact of talent engagement between talent development and retention was found significant. The findings may be helpful for practitioners to comprehend the importance of taking care of talents that foster high engagement and would ultimately contribute to retaining talents to gain sustainable competitive advantages. If managers can develop talents properly, they may tend to attach to the company for a longer period of time.
Indoor Localization Techniques in Location-Based Business Applications and Services
Indoor localization in multi-floor buildings is an important research problem in recent years. The development of location-aware applications can be promoted by the increasing popularity of smartphones and huge demand in different business sectors based on the localization services. In this paper, we are going to use location fingerprinting based algorithms instead of modelling the propagation of the WiFi signal. The fingerprinting-based localization using Received Signal Strength (RSS) measurements coming from indoor networks, such as WiFi and BLE (Bluetooth Low Energy) is one of the most widely spread techniques for indoor localisation in multi-floor buildings. But it needs to store and transmit a huge amount of fingerprinting data which is a great drawback for mobile devices like smart phones, tablets, etc. which have limited memory, power and computational resources. Alternative methods, which have lower complexity and is faster than the fingerprinting is the Weighted Centroid Localization (WCL) and Log-Gaussian algorithms. All the simulations have been conducted by MATLAB software to test the performances of the methods. All the experiments have been carried with the given dataset of RSS and coordinate values that has been stored from smartphones in typical building environment. The errors have been obtained by computing the similarity between current estimated and the stored true fingerprints for every new location. The size of the dataset can be decreased by storing only the values of the coordinates and their corresponding floor labels.
The Innovative and Creative Businesses –Need for Legal and Ethical Practices
Innovative businesses make Bangladesh known to the World as a creative nation. She possesses the 8th largest population in the 92nd largest area among the ranking of 195 countries in the World. Initiative with innovation and creativity is important human quality for entrepreneurship and entrepreneurship. Innovative and creative people do new business and also keep ongoing business alive in competitions. Perfect competitions contribute to national development that demands legal and ethical innovation and creativity. Business by definition means remaining busy with legal works where tangible goods and intangible services are produced and exchanged. Cumulative counts of all goods and services of a country in a year make the gross national product (GNP). Adult literacy, GNP per capita, and life expectancy at birth are interdependent indicators of national development in perfect business competitions. These products and processes of businesses must be legal but may not be always ethical. Business of tobacco is legal but marketing a carcinogenic product is definitely not ethical. The study followed the legal and ethical research framework and norms in order to encourage benevolent innovation and creativity in businesses.
Mohammad Quamruzzaman Mohammad Quamruzzaman
Banking Goes Digital: Unearthing the Adoption of Fintech by Bangladeshi Households
The underdeveloped financial system, large unbanked population, and rising mobile penetration rate in Bangladesh have ignited the development of innovative digital finance solutions. The increasing demand for Mobile Financial Services and other digital banking services has amplified Fintech adoption in Bangladesh. Thus, this paper aimed to assess the significant determinants of Fintech adoption by Bangladeshi households using a modified UTAUT2 model. Drawing on data collected from 481 Fintech users, CFA, and CV-SEM approaches were employed to classify the significant determinants concerning Fintech adoption in Bangladesh and a Multi-group analysis was performed to explore the moderating role of categorical variables. Although our findings reported insignificance of most of the UTAUT2 model’s constructs, it revealed a significant impact of price value and moderating impact of gender, age, and education on Fintech adoption in Bangladeshi context. The findings reported significant insights on the pertinent theory which added new knowledge to the existent Fintech adoption literature. Since this is the first research on Fintech adoption in Bangladeshi context, it would have important theoretical, managerial, and policy implications.
Dr. Jannatul Ferdaous Dr. Jannatul Ferdaous
Role of International Buyers in the Compliance Management Process of the RMG Industry and Mitigation of Human Factors Thereby: A Bangladeshi Case
International buyers are acknowledged as the primary catalysts of compliance management in the Bangladeshi RMG industry, mitigating potential human factors. Nonetheless, various researchers cast doubt on their motivations to push compliance and question their role in sharing the related financial burden. Following this gap, this study investigates the role of international buyers in the Bangladeshi RMG industry in pushing compliance endeavors and whether they financially support these efforts. By pursuing a thematic analysis of the interview transcripts and related documents, it is concluded that international buyers are incredibly tight in ensuring their compliance checklists through various auditing platforms, creating an ‘audit fatigue’ for the suppliers; however, they indirectly share the financial burden in an insignificant manner and are most eager to reimburse for the safety-related compliance issues owing to media pressure. This finding will benefit academics, government agencies and HR/compliance managers revolving around the RMG industries.
Copyright (c) 2023 Journal of Innovation in Business Studies
Does Shari’ah Index Offer an Edge over Traditional Index during COVID-19? Empirical Evidence from the Capital Market of Bangladesh
Although the concept of the Shari'ah (Islamic law) compliant index came into light in the 1960s in Asia, the Dhaka Stock Exchange (DSE) became the first bourse to introduce a similar index in 2014 for the listed companies, including Islamic banks and financial institutions. The global stock markets observed a colossal fall in index value during the initial stage of the ongoing COVID-19 pandemic, and Bangladesh was no exception. This paper aims to evaluate the impact of COVID-19 on Bangladesh's capital market by adopting the event study method. The DSE Broad Index (DSEX) is taken as the population, whereas the DSE 30 Index (DS30) and the DSEX Shari'ah Index (DSES) are used as samples from February 2, 2019, to August 5, 2021. The study reveals that although there was a fall in indexes, COVID-19 has failed to generate significant abnormal returns (AR) for investors. However, unlike the DS30, the DSES enjoyed positive AR and cumulative abnormal return (CAR) after the hit of the second wave despite having mixed experiences during the first wave. In addition, it is evident that the weak form of efficiency persists in Bangladesh under the Efficient Market Hypothesis (EMH) theory.
Mohammad Robaitur Rahat Mohammad Robaitur Rahat