Md. Kashedul Wahab Tuhin, Mahadi Hasan Miraz, Md. Mamun Habib and Md. Mahbub Alam
This study aims to determine direct and indirect ways of strengthening consumer’s halal buying behaviour. For this, the researchers explore the role of religiosity and consumers’…
Abstract
Purpose
This study aims to determine direct and indirect ways of strengthening consumer’s halal buying behaviour. For this, the researchers explore the role of religiosity and consumers’ personal norms on consumers’ attitudes and halal buying behaviour. The study also reconnoiters the mediating role of consumer attitudes.
Design/methodology/approach
With a structured questionnaire, a survey was conducted to collect data on consumer attitudes, personal norms and halal buying behaviour. Finally, 229 valid questioners were retained for data analysis. The structural equation modelling technique was used for data analysis using SmartPLS 3.0 software.
Findings
The result of this study suggests that consumers’ attitude towards halal purchase depends on consumers’ personal norms and religiosity. Further, the role of consumer attitudes and religiosity on the halal buying behaviour of consumers is significant. However, the personal norm is not a significant predictor of halal buying behaviour. Consumer attitudes mediate the relationships between personal norms and halal buying behaviour, as well as religiosity and halal buying behaviour.
Research limitations/implications
The findings of the present study indicate that consumers’ personal norms and religiosity are the important determinants of consumer attitude and behaviour towards halal purchase. Marketers of halal products and services should focus on strengthening consumers’ attitudes and religiosity to influence consumer behaviour towards halal purchase.
Originality/value
In light of recent research studies on the halal purchase, the present research finds the essential predictors of consumers’ halal purchase attitude and behaviour. The study also reveals that consumer attitude is an important role in strengthening halal buying behaviour, as it has both direct and indirect impact halal buying behaviour.
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A B M Mahbub Alam and Manzurul Alam
This study examines how resource dependency affects municipal budgetary process; specifically, it investigates how politically aligned resource sharing between different levels of…
Abstract
Purpose
This study examines how resource dependency affects municipal budgetary process; specifically, it investigates how politically aligned resource sharing between different levels of government along with clientelism interferes with the budgetary process of municipal organizations in developing countries.
Design/methodology/approach
The paper adopts a qualitative approach to study two municipal organizations in Bangladesh. The qualitative data are collected from semi-structured interviews with key organizational members. Besides, the study also relies on various publicly available documents and the Local Government Acts to complement the interview data.
Findings
The findings of the study divulge dependence on partisan aligned nonprogrammable government funds poses significant problems for municipal organizations in carrying out their budgetary process. Clientelism and informal negotiations of incumbent political leaders are found to play a vital role in such resource sharing decisions. The consequent uncertainties in getting funds have the potentials of interrupting the budgetary process at the organizational level. In some cases, budgets do not appear to be useful as a management tool for guiding organizational activities.
Research limitations/implications
Like other qualitative studies, the results of these case studies are not generalizable because their interpretations are highly dependent on the context of the research sites.
Practical implications
Despite the limitation of a case study research, the results of this study are useful to deepen our understanding of how uncertainty in resource sharing creates clientele behavior and interferes with the organizational budget. Such an understanding helps practitioners and policymakers devise a sound resource sharing mechanism for effective delivery of municipal services on a sustainable basis.
Originality/value
This study provides insight into how precarious central government transfers and clientelism interfere with local governments' budgetary process.
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Sunday Olayinka Oyedepo, Richard Olayiwola Fagbenle, Samuel Sunday Adefila and Md Mahbub Alam
This study aims to use an environomics method to assess the environmental impacts of selected gas turbine power plants in Nigeria.
Abstract
Purpose
This study aims to use an environomics method to assess the environmental impacts of selected gas turbine power plants in Nigeria.
Design/methodology/approach
In this study, exergoenvironomic analysis has been carried out to investigate the environmental impact of selected gas turbine power plants in Nigeria from an exergetic point of view.
Findings
The exergy analysis reveals that the combustion chamber is the most exergy destructive component compared to other cycle components. The exergy destruction of this component can be reduced by increasing gas turbine inlet temperature (GTIT). The results of the study show that thermodynamic inefficiency is responsible for the environmental impact associated with gas turbine components. The study further shows that CO2 emissions and cost of environmental impact decrease with increasing GTIT.
Originality/value
The exergo-environomic parameters computed in this study are CO2 emission in kg per MWh of electricity generated, depletion number, sustainability index, cost flow rate of environmental impacts (Ċenv) in $/h and total cost rates of products (ĊTot) in $/hr. For the period considered, the CO2 emissions for the selected plants vary from 100.18 to 408.78 kgCO2/MWhm, while cost flow rate of environmental impacts varies from $40.18 /h to $276.97 /h and the total cost rates of products vary from $2935.69/h to $12,232.84/h. The depletion number and sustainability index vary from 0.69 to 0.84 and 1.20 to 1.44, respectively.
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Md. Mahbub Alam, Md. Nazmus Sadekin and Sanjoy Kumar Saha
This paper aims to investigate the impact of selected macro-economic variables like real effective exchange rate (REER), GDP, inflation (INF), the volume of trade (TR) and money…
Abstract
Purpose
This paper aims to investigate the impact of selected macro-economic variables like real effective exchange rate (REER), GDP, inflation (INF), the volume of trade (TR) and money supply (M2) on-budget deficit (BD) in Bangladesh over the period of 1980–2018.
Design/methodology/approach
By using secondary data, the paper uses the Vector Error Correction Model (VECM) and Granger Causality test. Johansen’s cointegration test is used to examine the long-run relationship among the variables under study.
Findings
Johansen’s cointegration test result shows that there exists a positive long-run relationship of selected macroeconomic variables (real effective exchange rate, inflation, the volume of trade and money supply) with the budget deficit, whereas GDP has a negative one. The short-run results from the VECM show that GDP, inflation and money supply have a negative relationship with the budget deficit. The Granger Causality test results reveal unidirectional causal relationships running from BD to REER; TR to BD; M2 to BD; GDP to REER; M2 to REER; INF to GDP; GDP to TR; M2 to GDP and bidirectional causal relationship between GDP and BD; TR and REER; M2 and TR.
Originality/value
Bangladesh has been experiencing a budget deficit since 1972 due to a decline in sources of revenue. This study contributes to the empirical debate on the causal nexus between macroeconomic variables and budget deficits by employing VECM and Granger Causality approaches.
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School inspection or supervision is one of the core institutional mechanisms for ensuring the quality of education. While analyzing the practices of this quality assurance tool at…
Abstract
School inspection or supervision is one of the core institutional mechanisms for ensuring the quality of education. While analyzing the practices of this quality assurance tool at the basic education level in six developing and emerging economies, this paper found that there has been a major shift in exercising supervision system pushed by the policy dynamics of both international actors and state institutions. The school supervision system has been shaped by decentralization, school-based management, monitoring, data gathering, and output-focused governance. These are also known as the elements of New Public Management (NPM). The growing practice of NPM in all these countries has made the external supervision a less prioritized issue, which is evident in its stagnated and sometimes deteriorated state. On the other hand, the pro-NPM management system advocating for greater autonomy, decentralization and results has not evidently yielded any major positive outcomes, especially in lower-income countries. Thus, the absence of an effective supervision system, both support and control, has created a vacuum in the educational quality assurance instruments. By oversimplifying local contexts in situating NPM, this foreign-emerged management system also has shown reluctance toward fundamental crises of weak institutions in lower-income countries, including resource constraints, skills shortage, and service recipients’ lack of trust, among others. In short, developmental level and institutional capacity matter for the successful implementation of NPM.
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Md Badrul Alam, Aziz Ullah Sayal, Muhammad Naveed Jan and Muhammad Tahir
This research paper attempts to empirically examine the relationship between the performance of the banking industry and foreign direct investment (FDI), thereby helping the…
Abstract
Purpose
This research paper attempts to empirically examine the relationship between the performance of the banking industry and foreign direct investment (FDI), thereby helping the readers contemplate one of the least explored areas of the existing literature associated with the idiosyncratic characteristics of FDI resulting from its interaction with the efficient banking performance of the host country. The study has focused on the economy of Bangladesh because of its significant amount of FDI inflows from the rest of the world and its adoption of many liberalization policies, especially in the banking sector and in the areas of international business and trade.
Design/methodology/approach
The study, to produce unbiased estimates, employed the autoregressive distributed lag (ARDL) model for analyzing the time series data collected from reliable sources.
Findings
The key outcomes of the study reveal that the sound performance of the banking industry appears to be counterproductive for FDI inflows, which is a bit unconventional insight. In the context of Bangladesh, trade openness, inflation rate and infrastructural development seem to be the dominant factors behind the rising inflows of FDI. Market size appears to be an insignificant determinant of FDI inflows.
Originality/value
This is a unique study because of its focus on the unexplored area in the literature.
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Habiba Al-Shaer, Mahbub Zaman and Khaldoon Albitar
This study investigates the relationship between CEO leadership, gender homophily and corporate environmental, social and governance (ESG) performance. We also investigate whether…
Abstract
Purpose
This study investigates the relationship between CEO leadership, gender homophily and corporate environmental, social and governance (ESG) performance. We also investigate whether it is essential to have a critical mass of women directors on the board to create a significant power of gender diversity in leadership positions.
Design/methodology/approach
Our study is based on firms listed on the London Stock Exchange (FTSE-All-Share) from 2011 to 2019. CEO characteristics and other board variables were collected from BoardEx, and ESG data, and other related variables were collected from Eikon database.
Findings
We find a critical mass of female directors contributes to ESG performance suggesting that token representation of female directors on boards limits their effectiveness. We do not find support for the gender homophily perspective, our findings suggest that the effectiveness of female CEOs does not depend on the existence of a critical mass of female directors. Female directors and female CEOs are less likely to be associated with ESG activities when firms experience poor financial performance. We also find that younger female CEOs have a positive impact on ESG performance. Furthermore, we find female CEOs with shorter tenure are more likely to improve ESG performance. Overall, our findings suggest a substitutional effect between having female CEOs and gender diverse boards.
Originality/value
This study contributes to the debate on gender homophily in the boardroom and how that may affect ESG practices. It also complements existing academic research on female leadership and ESG performance and has important implications for senior management and policymakers.
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S.O. Oyedepo, R.O. Fagbenle, S.S. Adefila and Md. Mahbub Alam
In this study, exergoeconomic analysis and performance evaluation of selected gas turbine power plants in Nigeria were carried out. The study was conducted using operating data…
Abstract
In this study, exergoeconomic analysis and performance evaluation of selected gas turbine power plants in Nigeria were carried out. The study was conducted using operating data obtained from the power plants to determine the exergy efficiency, exergy destruction, unit cost of electricity and cost of exergy destruction of the major components of a gas turbine engine in the selected power plants. The results of exergy analysis confirmed that the combustion chamber is the most exergy destructive component compared to other cycle components as expected. The total efficiency defects and overall exergetic efficiency of the selected power plants vary from 38.64 to 69.33% and 15.66 to 30.72% respectively. The exergy analysis further shows that the exergy improvement potential of the selected plants varies from 54.04 MW to 159.88 MW. The component with the highest exergy improvement potential is the combustion chamber and its value varies from 30.21 MW to 88.86 MW. The results of exergoeconomic analysis show that the combustion chamber has the greatest cost of exergy destruction compared to other components. Increasing the gas turbine inlet temperature (GTIT), both the exergy destruction and the cost of exergy destruction of this component were found to decrease. The results of this study revealed that an increase in the GTIT of about 200 K can lead to a reduction of about 29% in the cost of exergy destruction. From exergy costing analysis, the unit cost of electricity produced in the selected power plants varies from cents 1.99 /kWh (N3.16 /kWh) to cents 5.65 /kWh (N8.98 /kWh).
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Kamal Hossain, Kenny Cheah Soon Lee, Ilhaamie Binti Abdul Ghani Azmi, Aida Binti Idris, Mohammad Nurul Alam, Md. Adnan Rahman and Norinah Mohd Ali
This study aims to explain the effect of entrepreneurial orientation (EO) dimensions on firms’ export performance. The study has considered three dimensions of EO: innovativeness…
Abstract
Purpose
This study aims to explain the effect of entrepreneurial orientation (EO) dimensions on firms’ export performance. The study has considered three dimensions of EO: innovativeness, proactiveness and risk-taking. Export performance has been measured through multifaceted determinants: financial, strategic and satisfaction levels of exporting firms.
Design/methodology/approach
To explain the association between such determinants, qualitative face-to-face, in-depth interviews were conducted with the respondents from the apparel manufacturing companies of Bangladesh. The study has also applied a content analysis technique to explore and triangulate the descriptions of EO dimensions on performance.
Findings
The research results reveal that EO has a meaningful explanation of export performance from the lived experience of the respondents. The study has also found frequent explanations and indicators about the association of innovativeness and proactiveness on export performance, but the risk-taking dimension has revealed no effects.
Research limitations/implications
The research has different implications on theoretical, managerial and policy-making aspects of EO and export performance. Nevertheless, the findings are based on the opinions of a small sample of entrepreneurs and high-level managers. Thus, it is important to test the generalizability of these findings in future research using a larger sample.
Originality/value
This study indicated product, process and market creation innovativeness. Risks related to product innovation, new market entry and politics are considered for risk-taking measures, while proactive innovation, technology and new market searching are used for measuring proactiveness. Additionally, multifaceted performance determinants have been applied to evaluate export performance. Hence, this study is a unique qualitative analysis with important theoretical, practical and methodological implications.
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The purpose of this paper is to focus on some of the issues and problem of implementation of foreign arbitral awards in Bangladesh.
Abstract
Purpose
The purpose of this paper is to focus on some of the issues and problem of implementation of foreign arbitral awards in Bangladesh.
Design/methodology/approach
Based upon theoretical sources and empirical data, the legal provision concerning the enforcement of foreign arbitral awards was studied and the case‐law invoking the Arbitration Act 2001 discussed.
Findings
The finding of this research is to present the new framework of arbitration law in Bangladesh which came into force 10 April 2001 and discuss the legislative provision in the face of increasing foreign investment in Bangladesh in various sector.
Research limitations/implications
The principal objectives were to study the general context of the arbitration mechanism in international commercial disputes.
Practical implications
The rationale for arbitration in international commercial disputes and the imperatives for resorting to arbitration as a tool for alternative dispute resolution are discussed.
Originality/value
This paper is an attempt to analyze how a foreign arbitral award is enforceable in Bangladesh and to what extent the recent legal development is effective in resolving international commercial disputes.