Volume 14, June 2017
Permanent URI for this collectionhttp://dspace.iiuc.ac.bd/handle/88203/107
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Item Contributions of MNEs to poverty alleviation through CSR programs: Bangladesh perspective(CRP, International Islamic University Chittagong, Bangladesh, 2017-12) Hoque, Nazamul; Khan, Mohammad Aktaruzzaman; Bhuiyan, Mohammad Zahid HossainThis study examines the contribution of CSR programs of multinational enterprises (MNEs) operating in Bangladesh in the poverty alleviation. The authors employed a mixed-method approach to collect qualitative data by interviewing executives of ten MNEs while for quantitative data annual reports, websites, and articles were consulted. Results depicted insignificant contribution of MNEs in poverty alleviation by their corporate social responsibility (CSR) initiatives. The average contribution of sample MNEs stand at only 0.52 per cent of profits after tax to CSR programs, ranging from 2.96% to 0.15%. The study reveals that most of the MNEs are not contributing as per their financial capacity and they lack a policy of donating a reasonable portion of profit to CSR along with poverty alleviation priority. The study suggests that government of Bangladesh must act sincerely and deliberately for active involvement of MNEs in CSR programs helpful for poverty alleviation by necessary policy framework and motivational supports with a view to accelerate the poverty alleviation movement for a happy, prosperous, and progressive Bangladesh.Item Does investment in human resource development affect financial performance? Empirical evidence from the banking sector of Bangladesh(CRP, International Islamic University Chittagong, Bangladesh, 2017-06) Zahid Hossain Bhuiyan, Mohammad; Uddin, Md. Mahi; Ahmad, Afzal; Hoque, NazamulThe study aims at examining the impact of investment in human resource development (HRD) on the financial performance of the banking sector of Bangladesh. Using the economic data as well as survey data collected from purposively selected 120 bank executives of 20 private commercial banks of Bangladesh. The study through regression models finds that there is a significant positive correlations between HRD investment (in salaries and allowances, provident fund and gratuity, bonus and incentives, staff welfare and training, workshop, and seminar) and financial performance of the sample banks. Though, training is one of the important HRD indicators, the lowest investment was made in this sector by the sample banks. The findings of the study may be useful for bankers, policymakers, HR professionals, and the stakeholders of all types of organizations regardless of the geographical boundary. Finally, further investigations on manufacturing and other service sectors through case study, focus groups, and longitudinal study are also suggested.