Bank Selection Influencing Factors: A Study on Customer Preferences with Reference to Rajshahi City

This study analyses the factors considered important by customer in selection a private commercial bank and nationalized commercial bank in Bangladesh. It is based on a survey of 600 customers of private commercial banks (PCBs) and nationalized commercial banks (NCBs) located in the city of Rajshahi in Bangladesh. This study relied on 30 selection factors extracted from relevant literature, personal experience, and interviews with the some bank officials and customers. The findings reveal that the most important factors influencing customers for selecting a private commercial bank are effective and efficient customer services, speed and quality services; image of the bank, online banking, and well management. On the other hand, the most important factors for choosing a nationalized commercial bank are low interest rate on loan, convenient branch location, safe investment (accountability of the govt.), variety of services offered and low eservice charges. Findings also suggest that there are some of significant statistical differences between responses of PCB and NCB customers related to factors considered important in selection a bank

Declaration Effect of Cash & Stock Dividends on Share Price: An Empirical Study on Dhaka Stock Exchange

This study analyzes the impact of different types of dividend declaration, namely stock and cash dividends. Using event study method, MAAR and CAAR, this study found no evidence of abnormal returns on the declaration day for either of the types of dividends. However, significant negative returns are reported on days prior to the declaration day for stock dividend, indicating speculative nature of the investors. Furthermore, it provides positive returns during the post-announcement period as the investors realize the chance of potential gains. However, as far as cash dividend is concerned companies listed under DSE do not provide any significant abnormal returns during the 60 days event window. For CAAR, no significant return is reported for cash dividend, while stock dividend provided a maximum 5.6% abnormal returns during the post announcement period

Employee Recruitment and Selection Procedures of NGOs in Bangladesh: A Study on BRAC

Recruitment and Selection is a foundation of Human Resource Management (HRM) practices and its integration to business is critical to achieve organisational strategic goals. Better recruitment and selection strategies result in improved organizational outcomes. The basic objective of this research is to explore the recruitment and selection procedures of NGOs based on BRAC; with analyzing these some recommendations are made to improve recruitment and selection practices. Here both primary and secondary sources are used for data collection and a structured questionnaire/ check lists was used to keep the research. The findings suggest that the largest NGOs emphasize professionalism and career orientations and implement long-term, forward looking approaches in their selection, recruitment, and remuneration. The small and mid-size NGOs, however, do not possess HR/ personnel management practices of their own; rather they follow and imitate larger members. The implications for HRM practitioners and scope for further research are discussed here

The Role of Self-esteem and Optimism in Job Satisfaction among Teachers of Private Universities in Bangladesh

The objective of this study was to investigate the role of self- esteem and optimism in job satisfaction among teachers of private universities in Bangladesh. The measuring instruments used in this study were: 1. Self-Esteem Scale (SES) (Rosenberg’s, 1965) for measuring self-esteem. 2. Life Orientation Test (LOT) (Scheier& Carver, 1985) for measuring Optimism. 3. Job Satisfaction Survey (JSS) (Spector, 1985) for measuring job satisfaction. According to the objective of the present study the obtain data were analysed using Pearson product moment correlation. The survey results revealed that self-esteem and optimism is significantly positively correlated with teacher’s job satisfaction

Micro Credit as a Poverty Alleviation Tool in Turkey: A Case Study Analysis of Turkish Grameen Micro Credit Project

Turkish Grameen Micro-credit Project (TGMP) follows Grameen Generalized System (GGS) which is designed to create new possibilities for a Grameen Bank Bangladesh(GBB) replication program by offering a simple and beneficial micro credit for improving poverty status of women in Turkey. Although GBB is known worldwide for its success in providing tiny credit without collateral to the poor women specially, still there have some controversy and questions about the methods and applications of the replication programs implemented in different parts of the world. The main objective of this study is to find the success of TGMP by evaluating some important factors related to the success of GBB replication program. By evaluating the program success of TGMP in eradicating extreme poverty, and improving the status of members' socio-economic life, this study concludes that it is quite successful till recent year as the GBB replication program specially in yearly performance, financial viability status, and loan performances of the members. Although TGMP has been proved successful in Turkey since 2003, it is recommended that necessary steps should be taken for its long-run success as a replication program of GBB with special concerns about financial sustainability, increase of growth oriented activities instead of home based loan activities and lending rate enhancement

Factors Influencing Logistics Outsourcing in Pakistan

The Freight Forwarding and Logistics industry plays a vital role in the overall economy of Pakistan. The purpose of this study is to determine the factors that influence for outsourcing the logistics and at the same time performance of outsourcing has been evaluated with respect to Karachi, Pakistan. Three factors identified as Low Human Assets, Low Physical Assets and Partnership, all have a positive impact on logistics outsourcing and the firm performance especially in terms of Financial Benefit. Online survey was conducted and the data was obtained from a sample size of 165 from the seniority level of the manufacturing industry in Karachi. We measure the inner model by Smart PLS software to indicate the reliability of all factors that significant impact on logistics outsourcing practices. Reliability test was also performed which showed that our study is significant

Compete or Cooperate: Understanding of the Relationship Levels of Firms within same Industry

This paper tries to address various dimensions of the firm relationship that are competing in the same industry. Competitive strategies play important role for a firm's survival and to achieve sustainable competitive advantage. However, firms can also decide to cooperate with each other through mobilization of resources to ensure mutual benefit and thus promote healthy competition. A strategic dilemma may occur for competing firms to cooperate with other who traditionally believe in competition, profit orientation, and self-interest. This paper tries to address firm level responses and interactions amongst each other in various consequences by relying on exploratory method of research. Firms competing in the same industry may opt for four different strategic options named as , competition, cooperation, coexistence and coopetition. Through the literature review, different forms of firm level relationships are explained under these four strategic options. This paper argues that cooperation is beneficial and may complement healthy competition amongst competing firms

Relationship between Export Revenue and Gross Domestic Product in Bangladesh: An Econometric Analysis

Export revenue is an important issue for Bangladesh. So analysis the relationship between export revenue and gross domestic product (GDP) is very crucial for the policy makers to develop our domestic economy as well as to create a good economic relationship with the global economy. The main object of this article is to investigate the relationship between export revenue and GDP in Bangladesh. To test stationary correlogram test is used. In this study, I used Granger causality and co-integration test to test the long-run relationship between GDP and export revenue in Bangladesh from 1981-2015. I found the maximum lag length for the model by using vector autoregressive (VAR) lag order selection criteria. In the model GDP was dependent variable and three variables (Remittance, Foreign direct investment, Export revenue) were the independent variables. In correlogram test, I have seen all of my variables were non-stationary at level, but after taking first difference, they became stationary. According to Granger causality test, there was bidirectional causality from export revenue to GDP in Bangladesh. Johansen cointegration test investigated that there was a long-run equilibrium relationship between export revenue and GDP but by using vector error correction model (VECM) I have seen there is no statistically significant long-run relationship between export revenue and GDP. Wald test indicated a statistically significant short-run relationship between the two variables

Socio-Economic Conditions of Fishermen: Evidence from Hakaluki Haor of Bangladesh

The study explores the socio-economic conditions of fishermen in Hakaluki haor of Moulvibazar district. The main information was used in this regard to measure the poverty incidence such as family size, annual income, expenditure of food and non-food items, education level, etc. The study also estimates the poverty level by using CBN method. About 42 and 68% haor fishermen were below the lower and upper poverty lines respectively. The study suggests that the Government should take haor based policy to reduce poverty level of fishermen

The Social Network of High and Low Self- Monitors and it’s Impact on Organization’s Performance

Self-monitoring as a personality attribute is given particular attention by researchers in order to understand employee performance and productivity in the organizational context. Numerous studies focused on the impact of self-monitoring from individual employee perspective with limited focus on the impact of the organization’s performance. However, to what extent employees with high versus low self- monitors contribute to the organization’s performance needs to be theoretically augmented. Therefore, relying on exploratory method of research, the paper tries to address the impact of high and low self-monitors on organization’s performance. In this perspective, how self-monitoring helps employees to structure a social network within organizational setting and eventually contribute to it’s success is discussed in this paper. The paper addresses the literature review of self-monitoring principles with special interest in its contribution towards organizational performance through previous research compilation within the field of sociology and organization psychology