Scrutinize Financial Proficiency and Profitability Spotlight of Beximco Pharmaceutical Ltd. in Bangladesh

The report applies to evaluate how well the company performs. Financial proficiency of a company is usually related to how well a company can use it assets, share holders equity and liability, revenue and expenses. Financial ratio analysis is one of the best tools for measuring profitability highlights of any company. It analyzes the company’s use of its assets and control of its expenses. It also used to analyze the company’s past financial performance and to establish the future trend of financial position.  The main aim is to analyze performance of last 5 years through ratio analysis and DuPont analysis of Beximco Pharmaceuticals Ltd. The main data collected from the annual financial reports of Beximco Pharmaceuticals Ltd. from 2009 to 2013. Different financial ratios are evaluated such liquidity ratios, asset management ratios, profitability ratios, market value ratios, debt management ratios and finally measure the best performance of BPL. This study will attempt to understand the financial conditions of BPL on different segments such as liquidity, profitability & solvency. The purpose is also to make recommendations for improving the financial stability and soundness of different services provided to the shareholders of BPL. It is also the purpose of the researcher to help the management by providing an idea to take appropriate decisions about the quality of the investment & financing in future. Keywords: Profitability, liquidity, Market value, Asset Management, debt management, DuPont

Employee Engagement: A Tool for Enhancing Performance Management

Employee engagement is almost a newly concerned term and practiced by many organizations to generate greater output with maximum work satisfaction. Successful performance management is the antecedent when an organization creates the befitting environment and facilitates with resources to its employees. In our study, we depicted the employee engagement model that affects numerous ways on performance management processes. Traditional view of work holism is farther most different from employee engagement. It’s more about behavioral issues than only to physiological attachment, pro human centric than to merely work centrism. Employee engagement is not a miracle it’s about the reality if an organization can relate its’ all concerning term appropriately. In our study we have tried to connect all the major nucleus of an employee engagement model and showed how they affect on performance management. Keywords: Performance Management, employee engagement, performance agreement, behavioral aspect, goal achievement, organizational achievement

Analysis of Risk Factors for Mortality Due to Malaria Infection: Case Study in Arsi Negele Health Centers, Ethiopia

Background: Malaria epidemiology remains a major problem of health of the majority of the population of Ethiopia as particularly in Arsi Negelle woreda. Evidences from retrospective study of the magnitude of malaria admission and death review in Oromia revealed that out of total 302,035 admissions, 16,061 deaths were registered from 1995 to 2000. Accordingly, malaria accounted for 11.2% of all admissions and 14.26% of all deaths. The main objective of this study was to evaluate the risk factors for mortality of patients from human malaria disease in the study area. Methods: The data for this study were abstraction from the records of malaria positive patients card reviewed or visited in Arsi Negelle major health center and Meti health center from 2010/11(2003 E.C) to 2011/12 (2004 E.C) in Arsi Negelle Woreda (retrospective cohort study). The data were analyzed using multiple binary logistic regression. Results: The results of the study showed that 412(76.87%) of malaria positive patients were found to be discharged while the rest 124(23.13%) have died of malaria in the health centers. The odds of death for malaria positive patients at the clinic residing in rural area were 2.933 times that of one who resides in urban. Plasmodium vivax has a 92.1% less chance of experiencing death due to malaria in the health center than those patients with plasmodium falciparum. Conclusion: It can be concluded from the results of this study that the most contributing risk factors of malaria epidemic related mortality in health centers were: rural resident, longer time(days) of patients stay with disease before getting treatment, P.falciparum types of plasmodium species, shorter time(days) of stay in health centers, immigrant patients, and patients referred to health centers. Keywords:  Malaria, Risk factors, Mortality in-health centers DOI: 10.7176/JNSR/11-13-02 Publication date:July 31st 202

Case Report on Cattle Pediculosis Outbreak in Jimma University on Cattle Kept for Practical Demonstration and the Control Measures Taken on Time

Lice are permanent host specific skin parasites of animals that cannot survive out of their natural host more than a few days. Cattle affected by both sucking lice and biting lice. The present case was presented to Jimma University open air clinic with chief complaint of itching and weight loss.  The animal was a bull kept in Jimma University College of Agriculture and Veterinary Medicine for practical demonstration. It was bought from open market before 2 months of the occurrence of the disease and kept together with other animals in the same house. Upon detailed physical and clinical examination, the bull was rubbing against a pole in the clinic, loss of body weight, anemia, alopecia mainly in the neck region and opening of mouth during itching.  During the detail clinical examination an aggregation small sized blue to black colored lice were found on the neck, face and head region of the animal.  To identify the type of species of lice, sample of skin scraping was taken to Jimma University Veterinary Parasitology laboratory and the species of the parasite were identified with the consultation of Wall and Shearer (2001) veterinary ectoparasites book and found to be Solenoptes capillatus. The bull was treated with a single dose of 1% ivermectin subcutaneously with a dose of 0.2 mg/kg body weight and followed and responded immediately after 3 days.  However; after a week, another bull kept in the same farm near to the infested one was found to be infested with the same parasite species and treated immediately with ivermectin. Following this, the farm was disinfected with diazinon and became free of lice. Lastly, this case report demonstrates that lice are among the most important health constraints of cattle in any part of the tropical countries like Ethiopia leading to important economic losses so attention should be given during diagnosis not to overlook the case and control interventions on animal and farm level should be practiced. Keywords: Bull; Pediculosis; Case report; Jimma Universit

Micro Finance with Regard to Beneficiaries Perspective in Conventional and Islamic Paradigm with the Effect of Riba (interest): A Case Study on a Particular area of Bangladesh

We acknowledge that there is an argument in support of Riba and dispute against Riba. Once more the endless journey of “Micro Credit” at its Summit in Washington D.C, 1997 also convey; yet the “Micro Credit” still being one of the powerful tools fights against   poverty but in application it exploit slight improvement in achievement. Moreover, The initiatives of’ Govt. and non Govt Organization, efforts of GRAMEEN BANK comes up with the same end result. The poverty itself arrest the people not only with physical starvation rather causes mental sickness and thereby breaks the social harmony. Where the ends? Then the study is attempt to cover in depth analysis of the beneficiaries of Riba micro financing i.e. conventional, its content, approach in contrast with the modes, approach of  non-Riba i.e. Islamic micro financing incorporating the analysis of few beneficiaries in the local area of Bangladesh. The sample research would certainly explore the brilliant suggestion to Micro Finance of its restructuring for stepping ahead by manufacturing successful milestone to eradicate poverty. Key Words: Riba, Islamic microfinance, Muslim Aid, Grameen Bank, ASA

Australian multinational and domestic corporations capital structure determinants

This study investigates the significance of the determinants of capital structure on a sample of Australian multinational corporations and Australian domestic corporations over the period 1992 to 2001. The determinants of capital structure have captured academic thought for many decades, particularly since Modigliani and Miller (1958). If optimal capital structures do exist and that these structures maximise firm value, obtaining an understanding of the determinants of capital structure is important in obtaining an understanding of the way firms maximise value. Multinational corporations control considerable assets and some multinationals control more assets than that which is controlled by some countries. Decisions about capital structure may have important implications in regards to shareholder wealth effects. Therefore, obtaining an understanding of the determinants of capital structure and the differences between domestic and multinational capital structure is of interest to academics, politicians, shareholders and financiers. The results show that the level of leverage does not differ significantly between multinational and domestic corporations. Using cross-sectional Tobit regression analysis the results show substantial variation in capital structure determinants between multinational and domestic corporations. For both types of organisations growth, profitability and size are significant determinants of leverage. For domestic corporations collateral value of assets is also a significant determinant of leverage. For multinationals, bankruptcy costs and the number of overseas subsidiaries is a significant determinant of leverage. Surprisingly, bankruptcy costs are not significant for domestic corporations. In relation to interaction effects, bankruptcy costs and profitability are significant in explaining multinational leverage relative to domestic leverage. When industry effects are considered the significance of the original determinants remained constant however, some industries became significant. The industry effect was not consistent across domestic and multinational corporations. In relation to time variation in leverage and the determinants of capital structure, both varied across domestic and multinationals over the sample period