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Investigating the relationships between stock exchanges’ total trade and total value in Bangladesh Shaikh Mostak Ahammad & Md. Azmir Sharif

Investigating the relationships between stock exchanges’ total trade and total value in Bangladesh

Author (s)

Shaikh Mostak Ahammad &  Md. Azmir Sharif

Abstract

This study investigates the relationships of total trade and total value between the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) in Bangladesh. To get the results, various unit root tests, the Granger causality test, and the Johansen cointegration test are employed. Daily data from January 2015 to May 2017 is used to check the relationship. The empirical results of unit root tests (Augmented Dickey-Fuller (ADF) test, Phillips-Perron (PP) test, Kwiatkowski, Phillips, Schmidt, and Shin (KPSS) Test, and Elliott–Rothenberg–Stock (ERS) test) evidenced that total trade and the total value of DSE and CSE are stationary at their first differences. The Granger causality test found that total trade and the total value of DSE cause total trade and the total value of CSE and also total trade and the total value of CSE causes total trade and the total value of DSE meaning that there is bidirectional causality exists between the selected variables. The Johansen cointegration test showed that there is no cointegrating relationship among the variables indicating that there is no long-run relationship among total trade and total value between DSE and CSE.

 Keywords: Dhaka Stock Exchange, Chittagong Stock Exchange, Total trade, Total value, Granger Causality test, Johansen Cointegration test.

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Title: Investigating the relationships between stock exchanges’ total trade and total value in Bangladesh
Author: Shaikh Mostak Ahammad &  Md. Azmir Sharif
Journal Name: International Journal of Science and Business
Website: ijsab.com
ISSN: ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI: https://doi.org/10.5281/zenodo.4036073
Media: Online & Print
Volume: 4
Issue: 10
Acceptance Date: 14/09/2020
Date of Publication: 18/09/2020
PDF URL: https://ijsab.com/wp-content/uploads/602.pdf
Free download: Available
Page: 88-98
First Page: 88
Last Page: 98
Paper Type: Research Paper
Current Status: Published

Cite This Article:

Shaikh Mostak Ahammad &  Md. Azmir Sharif (2020). Investigating the relationships between stock exchanges total trade and total value in Bangladesh. International Journal of Science and Business, 4(10), 88-98. doi: https://doi.org/10.5281/zenodo.4036073

Retrieved from https://ijsab.com/wp-content/uploads/602.pdf

 

About Author (s)

Shaikh Mostak Ahammad Ph.D., Professor, Department of Accounting, Hajee Mohammad Danesh Science and Technology University, Dinajpur-5200, Bangladesh. Email: mostak@hstu.ac.bd

Md. Azmir Sharif (corresponding author), Lecturer in Accounting, Department of Mechanical Engineering, City University, Dhaka, Bangladesh. Email: sharifazmir@gmail.com

 

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DOI: https://doi.org/10.5281/zenodo.4036073

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An Empirical Scrutiny of Environmental Accounting Reporting (EAR) and Vision 2021: A way of Environmental Protection Soiloor Nandini Arunima

An Empirical Scrutiny of Environmental Accounting Reporting (EAR) and Vision 2021: A way of Environmental Protection

Author (s)

Soiloor Nandini Arunima

Abstract

In the current study entitling “An Empirical Scrutiny of Environmental Accounting Reporting (EAR) and Vision 2021: A way of Environmental Protection”, I critically examine the practices of environmental accounting in listed companies in Bangladesh and how it can be linked with the near goal of Bangladesh “Vision 2021” which is the election manifesto of current government. Vision 2021 has eight goals and our environmental issues are given priority in that case. As EAR is voluntary reporting, stakeholder theory and legitimacy theory can be related. Content analysis is used as methodology and taking 52 listed companies of Dhaka Stock Exchange randomly from 10 main industries and world bank report in order to know prevailing environmental situation in Bangladesh. The study has found there is a severe environmental degradation over years and listed companies are not aware of EAR in Bangladesh. Lastly, the paper suggests some recommendation to focus on EAR in order to achieve Vision 2021.

 Keywords: Environmental accounting reporting, Vision 2021, Listed companies, Dhaka Stock Exchange.

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Title: An Empirical Scrutiny of Environmental Accounting Reporting (EAR) and Vision 2021: A way of Environmental Protection
Author: Soiloor Nandini Arunima
Journal Name: International Journal of Science and Business
Website: ijsab.com
ISSN: ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI: https://doi.org/10.5281/zenodo.3999511
Media: Online
Volume: 4
Issue: 9
Acceptance Date: 23/08/2020
Date of Publication: 25/08/2020
PDF URL: https://ijsab.com/wp-content/uploads/593.pdf
Free download: Available
Page: 113-124
First Page: 113
Last Page: 124
Paper Type: Research Paper
Current Status: Published

Cite This Article:

Soiloor Nandini Arunima (2020). An Empirical Scrutiny of Environmental Accounting Reporting (EAR) and Vision 2021: A way of Environmental Protection. International Journal of Science and Business, 4(9), 113-124. doi: https://doi.org/10.5281/zenodo.3999511

Retrieved from https://ijsab.com/wp-content/uploads/593.pdf

 

About Author (s)

Soiloor Nandini Arunima, MBA, Department of Accounting and Information Systems,            University of Dhaka, Bangladesh.

 

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DOI: https://doi.org/10.5281/zenodo.3999511

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Impact of Intellectual Capital Reporting in the Annual Report on Firm Performance: Empirical Evidence from Listed Pharmaceuticals Companies of Bangladesh Md Masukor Rahaman

Impact of Intellectual Capital Reporting in the Annual Report on Firm Performance:

Empirical Evidence from Listed Pharmaceuticals Companies of Bangladesh

Author (s)

Md Masukor Rahaman

Abstract

This paper examines the impact of intellectual capital reporting in the annual reports of Pharmaceuticals company listed at Dhaka Stock Exchange on their performance. This paper uses sample of 31 pharmaceuticals company for the period 2016-2017. To measure the extent of IC disclosure on the annual report a disclosure index (ICDSI) is developed. Information related to firm performance is obtained from annual report. Correlation and regression analysis have been used for data analysis. This paper found positive relation of IC disclosure with two performance measure (ROE and ROA) but negative relation with EPS. However, relationship is not significant. The impact of control variables on firm performance is also mixed and narrow. The reason for limited association among the variables can be lower amount of disclosure, unrelated concept of firm performance and ICDSI. The mean disclosure is only 23%. Overall findings of the paper suggest company disclose human capital information mostly. Further study may include longitudinal study with more sample size and control variable. This study will help academics who want to work in IC literature. Manager of Pharmaceutical will get to know which IC information reporting will give them organizational benefit. Regulator can get useful insights from this paper to formulate and implement IC related guideline. This paper is one the very first paper in Bangladesh to investigate IC disclosures impact on firm performance through developing ICDSI index.

 Keywords: Intellectual Capital, Annual Report, Firm Performance,  Dhaka Stock Exchange, ICDSI.

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Title: Impact of Intellectual Capital Reporting in the Annual Report on Firm Performance: Empirical Evidence from Listed Pharmaceuticals Companies of Bangladesh
Author: Md Masukor Rahaman
Journal Name: International Journal of Science and Business
Website: ijsab.com
ISSN: ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI: https://doi.org/10.5281/zenodo.3980888
Media: Online
Volume: 4
Issue: 9
Acceptance Date: 08/08/2020
Date of Publication: 12/08/2020
PDF URL: https://ijsab.com/wp-content/uploads/590.pdf
Free download: Available
Page: 60-78
First Page: 60
Last Page: 78
Paper Type: Research Paper
Current Status: Published

Cite This Article:

Md Masukor Rahaman (2020). Impact of Intellectual Capital Reporting in the Annual Report on Firm Performance:  Empirical Evidence from Listed Pharmaceuticals Companies of Bangladesh. International Journal of Science and Business, 4(9), 60-78. doi: https://doi.org/ 10.5281/zenodo.3980888

Retrieved from https://ijsab.com/wp-content/uploads/590.pdf

 

About Author (s)

Md Masukor Rahaman, Post graduate student, Department of Accounting & information Systems, University of Dhaka, Dhaka-1000, Bangladesh.

 

 

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DOI: https://doi.org/10.5281/zenodo.3980888