Demutualization of Dhaka Stock Exchange: Opportunities and Challenges
K. M. Anwarul Islam,
Sk. Alamgir Hossain
Issue:
Volume 1, Issue 1, October 2015
Pages:
1-11
Received:
20 September 2015
Accepted:
25 September 2015
Published:
28 September 2015
DOI:
10.11648/j.ijfbr.20150101.11
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Abstract: The Dhaka Stock Exchange is the prime bourse of the country. Through its nonstop highly fault-tolerant screen based automated trading system, the exchange can offer facilities for transparent and highly efficient mechanism provisions for secondary market activities of shares, debentures and wide varieties of other securities. In this research paper, we used two stock exchanges that have already demutualized and gone public: Hong Kong Stock Exchange, and London Stock Exchange and analyzed pre and post-demutualization performance of them. The reason of taking two exchanges of different sizes is to provide better suggestion for Dhaka Stock Exchange. Using data from the financial statements from 1999 to 2013 and by the means of descriptive statistics analysis we show that all the two demutualized exchanges have a better post listing share and operating performance than mutual exchanges.
Abstract: The Dhaka Stock Exchange is the prime bourse of the country. Through its nonstop highly fault-tolerant screen based automated trading system, the exchange can offer facilities for transparent and highly efficient mechanism provisions for secondary market activities of shares, debentures and wide varieties of other securities. In this research paper...
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Impact of CSR on MNC’s Financial Performance in Bangladesh: A Quantitative Research Paper
Issue:
Volume 1, Issue 1, October 2015
Pages:
12-18
Received:
20 September 2015
Accepted:
25 September 2015
Published:
29 September 2015
DOI:
10.11648/j.ijfbr.20150101.12
Downloads:
Views:
Abstract: Corporate social responsibility (CSR) refers to a business practice that involves participating in initiatives that benefit society. CSR is all about operating a business in such a manner that accounts for the social and environmental impact created by that business. CSR policy functions as a self-regulatory mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards and national or international norms. The field of corporate social responsibility has grown exponentially in the last decade. More than half of the Fortune 1000 companies issue corporate social responsibility (CSR) reports. A larger number of companies than at any time previous are engaged in a serious effort to define and integrate CSR into all aspects of their businesses. An increasing number of shareholders, analysts, regulators, activists, labor unions, employees, community organizations, and news media are asking companies to be accountable for an ever-changing set of CSR issues. There is increasing demand for transparency and growing expectations that corporations measure, report, and continuously improve their social, environmental, and economic performance.
Abstract: Corporate social responsibility (CSR) refers to a business practice that involves participating in initiatives that benefit society. CSR is all about operating a business in such a manner that accounts for the social and environmental impact created by that business. CSR policy functions as a self-regulatory mechanism whereby a business monitors an...
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