Asian Finance & Banking Review最新文献

GENDER DIVERSITY ON BOARD AND ITS RELEVANCE TO FIRM PERFORMANCE: A STUDY ON PHARMACEUTICAL INDUSTRY OF BANGLADESH 董事会性别多样性及其与公司业绩的相关性:关于孟加拉国制药业的研究

Asian Finance & Banking Review Pub Date : 2022-01-01 DOI: 10.46281/asfbr.v6i1.1520

Hossain Ahmmed Fahad

{"title":"GENDER DIVERSITY ON BOARD AND ITS RELEVANCE TO FIRM PERFORMANCE: A STUDY ON PHARMACEUTICAL INDUSTRY OF BANGLADESH","authors":"Hossain Ahmmed Fahad","doi":"10.46281/asfbr.v6i1.1520","DOIUrl":"https://doi.org/10.46281/asfbr.v6i1.1520","url":null,"abstract":"The study tries to examine the relationship between gender diversity on the Board and firms' profitability in Bangladesh's Pharmaceutical industry. The study employs a panel data approach with all the Pharmaceutical companies listed under Dhaka Stock Exchanges. The sample period covers eight years from 2012-2019. To conduct the study, Return on Equity and Tobin's Q was taken as a proxy of accounting measure of profitability and market measure of profitability, respectively. The proportion of women on board structure was taken as a proxy for gender diversity. Some other variables: board size, firm age, leverage, and firm size, were incorporated to control the effect of these variables on profitability. The study reveals that gender diversity shows a positive but insignificant relationship with the firm's performance in terms of ROE. The R square of this model was 11.67%. In terms of Tobin's Q, gender diversity exhibited a significant positive relationship with firm performance. The R square of this model was 17%. This implies that the market ascribes a great value to the inclusion of women in board structure since it increases the board structure's independence and profitability.","PeriodicalId":146445,"journal":{"name":"Asian Finance & Banking Review","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129759448","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

THE NEXUS BETWEEN FIRM SPECIFIC FACTORS, MACROECONOMIC FACTORS AND FIRM PERFORMANCE OF TEXTILE SECTOR OF BANGLADESH 企业具体因素、宏观经济因素与孟加拉国纺织业企业绩效之间的关系

Asian Finance & Banking Review Pub Date : 2021-11-01 DOI: 10.46281/asfbr.v5i1.1415

Imran Mahmud

{"title":"THE NEXUS BETWEEN FIRM SPECIFIC FACTORS, MACROECONOMIC FACTORS AND FIRM PERFORMANCE OF TEXTILE SECTOR OF BANGLADESH","authors":"Imran Mahmud","doi":"10.46281/asfbr.v5i1.1415","DOIUrl":"https://doi.org/10.46281/asfbr.v5i1.1415","url":null,"abstract":"The purpose of this study is to identify the determinant factors of the profitability of textile sector of Bangladesh. To achieve this, a sample of 31 textile companies for the period of 2011 to 2019 is used. Two dependent variables- return on assets ROA (accounting measure) and Tobin’s Q (market measure) are tested using both fixed effect model and Panel corrected standard error (PCSE) model. As the PCSE regression robustly suited the dataset, this is used to explain the impact of both firm specific factors and macro-economic factors on the performance of textile firms listed in Dhaka Stock Exchange. The determinants of profitability differ depending on which measures of profitability we have taken as proxy. When ROA is taken, age, debt to equity, debt to asset, growth, asset turnover, cost effectiveness (EATC) and export growth are found significant. Among them, debt to equity, asset turnover, cost effectiveness and export growth conforms to the expected positive sign. In terms of Tobin’s Q, age, size, debt to equity, growth, cost effectiveness (EATC), board size and export growth are found having significant impact on firm performance where age, EATC, board size, and export growth conforms to the expected positive sign.","PeriodicalId":146445,"journal":{"name":"Asian Finance & Banking Review","volume":"77 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125036061","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

IMPACT OF BUYER’S LENIENT POLICY OF RETURN AND TRUST ON INTERNET PURCHASE DECISION IN SUPPLY CHAIN SECTOR OF PAKISTAN 买方宽松的退货和信任政策对巴基斯坦供应链部门互联网购买决策的影响

Asian Finance & Banking Review Pub Date : 2021-11-01 DOI: 10.46281/asfbr.v5i1.1413

Muhammad Ammad Ansari

{"title":"IMPACT OF BUYER’S LENIENT POLICY OF RETURN AND TRUST ON INTERNET PURCHASE DECISION IN SUPPLY CHAIN SECTOR OF PAKISTAN","authors":"Muhammad Ammad Ansari","doi":"10.46281/asfbr.v5i1.1413","DOIUrl":"https://doi.org/10.46281/asfbr.v5i1.1413","url":null,"abstract":"This article aims to investigate the factors that impact the internet purchase decision in supply chain sector of Pakistan because our mode of purchasing has been changed dramatically as a result of the Internet. An increasing number of individuals prefer online mode of shopping rather than in physical stores. Despite of these benefits there possess some cons of online purchasing like complicated returns, difficult websites, no sales assistance and lack of trust. In this article, impact of two independent variable i.e., lenient policy of return of buyer and trust of buyer was analyzed against the dependent variable internet decision of purchase. A questionnaire of 21 questions was prepared. Data of 100 respondents was collected from buyers of Karachi. Reliability Analysis, ANOVA and regression analysis are performed using SPSS tool to find the results. Study concluded that lenient policy of return of buyer and trust of buyer has positive association with internet decision of purchase in Pakistan which means when buyers are provided with lenient policies for the return of goods for any reason and their trust in seller increases it will impact the decision of purchase positively. Thus, it will be beneficial in terms of chasing market competition and generating higher returns.","PeriodicalId":146445,"journal":{"name":"Asian Finance & Banking Review","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132194752","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

ECONOMIC CONSEQUENCES AND VARIABLES INFLUENCING THE UPTAKE OF MOBILE FINANCIAL SERVICE IN UNBANKING POPULATION LIKE PAKISTAN 影响巴基斯坦等无银行人口采用移动金融服务的经济后果和变量

Asian Finance & Banking Review Pub Date : 2021-11-01 DOI: 10.46281/asfbr.v5i1.1414

Zara Younus

{"title":"ECONOMIC CONSEQUENCES AND VARIABLES INFLUENCING THE UPTAKE OF MOBILE FINANCIAL SERVICE IN UNBANKING POPULATION LIKE PAKISTAN","authors":"Zara Younus","doi":"10.46281/asfbr.v5i1.1414","DOIUrl":"https://doi.org/10.46281/asfbr.v5i1.1414","url":null,"abstract":"The growth of digital mobile devices enables the world to integrate and enables the masses to access and use services with optimism, speed and efficiency. These developments are on the rise in Pakistan. Market opportunities for digital financial services in Pakistan are projected to exceed $ 36 billion by 2025, which will increase GDP by 7%, create four million new jobs and generate $ 263 billion in new deposits. This power can only be achieved through a robust and efficient DFS environment. Although Pakistan has a DFS environment, it is unfortunate that so far no research has been done to determine and analyze the economic impact of mobile banking services as well as factors affecting their use in developing countries like Pakistan, to this end, the methodology part will be divided into two parts: the first part will focus on the secondary data to analyze and determine the impact of mobile banking activity on GDP, employment, government taxes for support to reduce non-banking figures in Pakistan. The second part will focus on the primary data that will be used to investigate the influencing variables on the usage of mobile banking services. A self-administered questionnaire has been developed with 250 respondents, which will be distributed to mobile money users to get their ideas on mobile banking services. Its results will be evaluated using the Pearson correlation and multiple regressions. Affective factors are assessed under five factors: risk, perceived trust, cost-effectiveness, accessibility and reliability using biometric analysis method in mobile banking. The study revealed that mobile financial services had positive impact on the economic indicators whereas factors like perceived trust, convenience and perceived risk had a significant influence on the adoption of mobile banking services but perceived cost and reliability were said to have insignificant influence on its adoption.","PeriodicalId":146445,"journal":{"name":"Asian Finance & Banking Review","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130860122","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

EFFECTS OF SELECTED COMPANY-SPECIFIC VARIABLES IN THE DETERMINATION OF COMPANY LEVERAGE: EVIDENCE FROM TEXTILE INDUSTRY OF BANGLADESH 选定公司特定变量对公司杠杆决定的影响:来自孟加拉国纺织业的证据

Asian Finance & Banking Review Pub Date : 2021-08-23 DOI: 10.46281/asfbr.v5i1.1298

引用次数: 0

Impact of Covid-19 in Bangladesh Stock Market Covid-19对孟加拉国股市的影响

Asian Finance & Banking Review Pub Date : 2020-11-26 DOI: 10.46281/asfbr.v4i2.896

S. Haque, T. Chowdhury

引用次数: 3

The Effects of Inventory Management capability on Performance of the Firm- Business Strategies as a Mediating Role 库存管理能力对企业绩效的影响——企业战略的中介作用

Asian Finance & Banking Review Pub Date : 2020-07-02 DOI: 10.46281/asfbr.v4i2.649

Md. Sazzadur Rahman Khan

引用次数: 6

Embezzlement and Reckless Spending: A Bottleneck for Local Governments’ Revitalization and Sustainable Development in Nigeria 贪污与乱花钱:尼日利亚地方政府振兴与可持续发展的瓶颈

Asian Finance & Banking Review Pub Date : 2020-06-20 DOI: 10.46281/asfbr.v4i1.628

Shafi’u Abubakar Kurfi, Moh’d Lawal Danrimi

{"title":"Embezzlement and Reckless Spending: A Bottleneck for Local Governments’ Revitalization and Sustainable Development in Nigeria","authors":"Shafi’u Abubakar Kurfi, Moh’d Lawal Danrimi","doi":"10.46281/asfbr.v4i1.628","DOIUrl":"https://doi.org/10.46281/asfbr.v4i1.628","url":null,"abstract":"Nigeria operates a federal system of government and power is allocated to federal, state and local governments. A collaborative effort was encouraged to promote socio-economic development. Unfortunately, lack of diversification of the economy and over concentration on crude oil, it now operates a monolithic economy. Federal government on monthly basis share the proceed to the three levels of government but ironically, nothing significant is shown for the huge allocations due to uncontrollable embezzlement and reckless spending by public servants more specifically local authorities due to the extreme closeness to citizenry. Documentary data were obtained from published books, reputable journals, government publications, magazines, newspaper publications, internet sources and personal observations in carrying out this study. The paper observed that embezzlement and reckless spending is on the increase in some Nigerian local governments and is manifested through the state joint local government account, embezzlements and reckless spending by local chairmen, fake projects, collusion in the transaction of government businesses, ghost workers, denial of statutory functions. The paper concludes that local government is at the verge of total collapse if adequate measures were not taken to savage the situation. The paper recommends that states joint accounts should be scrap for local governments have a sustainable development.","PeriodicalId":146445,"journal":{"name":"Asian Finance & Banking Review","volume":"77 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125963405","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Stock Market Development on Economic Growth of South Asian and Malaysian Economies: A Comparative Analysis 股票市场发展对南亚和马来西亚经济增长的影响:比较分析

Asian Finance & Banking Review Pub Date : 2020-06-05 DOI: 10.46281/asfbr.v4i1.590

Muhammad Gias Uddin, M. Uddin, Sanjida Sultana Emu

引用次数: 0

Leverage and Corporate Financial Distress in Nigeria: A Panel Data Analysis 杠杆与尼日利亚企业财务困境:面板数据分析

Asian Finance & Banking Review Pub Date : 2019-08-10 DOI: 10.46281/ASFBR.V3I2.370

L. Lucky, Agilebu Ogechi Michael

{"title":"Leverage and Corporate Financial Distress in Nigeria: A Panel Data Analysis","authors":"L. Lucky, Agilebu Ogechi Michael","doi":"10.46281/ASFBR.V3I2.370","DOIUrl":"https://doi.org/10.46281/ASFBR.V3I2.370","url":null,"abstract":"This study examined the effect leverage on corporate financial distress of quoted manufacturing firms in Nigeria. The objective is to examine if financial leverage have any effect on financial distress of the Nigeria firms. Cross sectional data was sourced from financial statement of ten quoted manufacturing firms. Z-Score and Changes in operating profits was proxy for corporate financial distress while debt equity ratio, short, long term debt and total debt to total assets were proxy for leverage. After cross examination of the validity of the pooled effect, fixed effect and the random effect, the study accepts the fixed effect model. Findings reveal that financial leverage have positive effect on financial distress measured by the z-score while total debt ratio and debt equity ratio have positive effect on financial distress measured by changes on operating profits while short term debt and long term debt have negative effect on operating profits. From the regression summary, the study concludes that leverage have significant effect on corporate financial distress. We recommend that Financial structure of the manufacturing firms ought to be adequately planned to safeguard the interest of the equity holders, shareholders and financial requirements of the firm and the firms should formulate policies of increasing its equity capital as oppose to debt and that Implementable investment policies should be formulated and the business environment should be well examined. Recognizing faults of investment might be paramount to develop the business’s financial performance, since it specifies the loopholes which corrective decision can be applied.","PeriodicalId":146445,"journal":{"name":"Asian Finance & Banking Review","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128200042","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 9