Faruk Bhuiyan, Kevin Baird and Rahat Munir
This study aims to investigate the influence of organisational culture, specifically O’Reilly et al.’s (1991) six dimensions of the organisational culture profile (respect for…
Abstract
Purpose
This study aims to investigate the influence of organisational culture, specifically O’Reilly et al.’s (1991) six dimensions of the organisational culture profile (respect for people, outcome orientation, team orientation, innovation, attention to detail and stability) on corporate social responsibility (CSR) practices and the subsequent impact of CSR practices on organisational performance from the context of an emerging economy.
Design/methodology/approach
The study used a survey of middle- and higher-level managers in Bangladeshi organisations to develop a seven-dimensional model of CSR practices and used structural equation modelling to analyse the developed hypotheses.
Findings
The findings provide evidence of the influence of the six different dimensions of organisational culture on the different dimensions of CSR practices. The findings highlight the diverse impacts (i.e. positive and negative) of CSR practices on organisational performance. The study also highlights the direct influence of organisational culture on both financial and non-financial performance. In particular, the outcome and team orientation culture are positively associated with non-financial and financial performance, respectively, while an innovative culture is negatively associated with both non-financial and financial performance.
Practical implications
The findings of the study provide practitioners, internal (i.e. the managers and business owners of both the local and multinational organisations) and external policy-makers, and foreign investors in an emerging economy with new insights into the role of an intra-organisational factor (i.e. organisational culture) in influencing the adoption of CSR practices and the subsequent impact of CSR practices on organisational performance.
Originality/value
Using the 52 guidelines of CSR practices provided by the Organisation for Economic Co-operation and Development, this study provides a unique empirical insight into the influence of organisational culture on CSR practices and the impact of CSR practices on organisational performance. The findings contribute to the limited CSR literature examining the influence of organisational culture on the adoption of CSR practices and its subsequent impact on organisational performance in an emerging economy.
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Halima Begum, A.S.A. Ferdous Alam, Md Aslam Mia, Faruk Bhuiyan and Ahmad Bashawir Abdul Ghani
Though microfinance has been working for many years as a tool to eradicate poverty from its root, most of the least developed and developing countries are yet to significantly…
Abstract
Purpose
Though microfinance has been working for many years as a tool to eradicate poverty from its root, most of the least developed and developing countries are yet to significantly alleviate it from the society. The purpose of this paper is to focus on Shariah-based microfinance products in the context of sustainable poverty alleviation approach and provide them financial benefits to enhance their livelihoods.
Design/methodology/approach
Here, this qualitative study critically analyzes the basics of the sustainable Islamic microfinance to exterminate the level of poverty.
Findings
Islamic microfinance is a more ethical practice than the traditional motives of profit maximization, and it encourages extending the time of repayment if the debtors are in hardship. In some case, it suggests to give charity if the creditor has capability.
Research limitations/implications
Most importantly, research scholars and experts have already criticized the concept of conventional microfinance on the basis of various points, especially for its high rate of interest.
Social implications
Islamic microfinance is provided with a view to fulfill two tools simultaneously, i.e., social and financial inclusion. In this case, credits and Zakah can be given to the extreme poor people for satisfying basic needs. In terms of social responsibility, Islam encourages the people to be soft in case of collecting the lending money.
Originality/value
The study discoursed that sustainable Islamic Microfinance (IM) may be a promising future option to draw the attention of the religiously sensitive people toward the Shariah-based microfinance which can, in turn, mitigate the poverty level.
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Md. Nazmul Haque, S.K. Farjana Faruk Nitu and Mehedi Hasan
In Bangladesh (a middle-income and densely populated country) where socio-economic factors act badly on human activities during COVID-19. This research mainly focused on observing…
Abstract
Purpose
In Bangladesh (a middle-income and densely populated country) where socio-economic factors act badly on human activities during COVID-19. This research mainly focused on observing the socio-economic aspects of the Pandemic on human life between city and municipal areas.
Design/methodology/approach
This research relied on Khulna City Corporation (KCC) and Paikgacha Municipality of Bangladesh. A random sampling technique was adopted for choosing 622 stakeholders (318 in the city and 304 in the municipal area). Here, the socio-economic factors have been fixed based on the literature review and expert opinion. This study explored two mainstream social and economic issues affected by the Pandemic. Several statistical tests were performed to find the relationship among Socio-economic factors.
Findings
The study shows that the Pandemic caused great harm to city areas rather than municipal areas. The city is faced with tremendous pressure on the economic aspect as well. Besides, the pandemic affects savings, education sectors, food habits and other factors in both areas. The trip distribution also differs between the study areas and the mobility pattern shows that people migrated to rural areas from city space during the Pandemic.
Originality/value
This research will assist in focusing on a micro-level perspective in the future to analyze socio-economic changes. Moreover, it can help to point out the administrative prospects in the future.
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Mohammad Badruddoza Talukder and Sanjeev Kumar
Food tourism and culinary experiences have attracted much interest as a specialist market within the more significant tourist business. Bangladesh, a South Asian nation renowned…
Abstract
Food tourism and culinary experiences have attracted much interest as a specialist market within the more significant tourist business. Bangladesh, a South Asian nation renowned for its rich cultural legacy, various culinary traditions and lively street food culture, is an alluring destination for food tourism. Bengali, Mughlai, British and tribal cuisines have all left their mark on Bangladesh's gastronomic landscape. Shorshe Ilish, Biryani and other traditional Bengali meals highlight the flavours and cooking methods handed down through the years. This paper highlights the significance of food as a cultural expression and its role in tying people to their heritage. Travellers may partake in immersive experiences that offer insights into the nation's culinary traditions by participating in cooking lessons, food workshops, market exploration and food tours and participating in these activities. Culinary tourism can improve cross-cultural understanding and enjoyment by enhancing cultural interchange. Although food tourism in Bangladesh is becoming more popular, there are still prospects for growth and marketing. This paper emphasizes the importance of strategic planning, stakeholder engagement and marketing initiatives to promote Bangladesh as a culinary destination on a worldwide scale. Bangladesh can draw food lovers and tourists looking for distinctive culinary experiences by leveraging its gastronomic variety and rich culinary tradition. Overall, this paper highlights the value of food tourism in highlighting Bangladesh's culinary gems and its promise for long-term tourist growth. Visitors may go on a gastronomic journey celebrating Bangladesh's cultural identity by learning about regional tastes, traditional cooking methods and culinary tales.
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Madiha Kiran, Sumayya Chughtai, Mustafa Raza Rabbani and Ahmet Faruk Aysan
This study aims to explore the effect of environmental, social and governance (ESG) disclosure on the cost of finance (debt and equity) and further investigates contextual factors…
Abstract
Purpose
This study aims to explore the effect of environmental, social and governance (ESG) disclosure on the cost of finance (debt and equity) and further investigates contextual factors that might influence this relationship.
Design/methodology/approach
The study analyzes data from 300 nonfinancial firms listed on Next – 11 stock exchanges from 2015 to 2021. It uses panel data estimation techniques for robustness checks, including the fixed effect model, moment quantile regression methods and feasible generalized least square estimation.
Findings
The study finds a significant negative relationship between ESG practices and the cost of finance, highlighting a curvilinear moderating effect of managerial ownership. This suggests that ESG disclosure not only enhances firm value and reduces the cost of finance by improving disclosure quality and addressing stakeholder concerns but also alleviates financing constraints.
Originality/value
This study represents one of the initial endeavors to investigate the influence of ESG disclosure on the financial expenses (debt, equity) in N11 nations, to the extent of the authors’ knowledge. The research presents novel evidence on the curvilinear moderating impact of managerial ownership on these connections in emerging economies.
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Bisharat Hussain Chang, Raheel Gohar, Omer Faruk Derindag and Emmanuel Uche
This research examines the impact of lockdown stringency measures and COVID-19 cases on food and healthcare prices in six Brazil, Russia, India, China, South Africa and Turkey…
Abstract
Purpose
This research examines the impact of lockdown stringency measures and COVID-19 cases on food and healthcare prices in six Brazil, Russia, India, China, South Africa and Turkey (BRICST) countries. This research is conducted in these countries since previous studies failed to examine the effect of COVID-19 reported cases on food and healthcare prices.
Design/methodology/approach
To achieve the objectives of this study, food and healthcare services were regressed against CVC and lockdown stringency measures using the dynamic autoregressive distributed lag (DARDL) model. For this purpose, we used daily data for BRICST countries such as Brazil, Russia, India, China, South Africa and Turkey.
Findings
The empirical evidence indicates that, in the long run, COVID-19 cases significantly and positively affect both food and healthcare prices in India, South Africa and China. In contrast, in the short run, COVID-19 positively affects food and healthcare prices in all countries except Russia and Turkey. Similarly, in the long run, the government stringency index (GSI) and Containment and Health Index (CHI) significantly affect health prices in India and South Africa. In contrast, GSI and CHI significantly affect healthcare prices in South Africa only in the short run. Finally, GSI and CHI significantly affect the food prices in the long run in India, South Africa and China and in the short run in South Africa only.
Originality/value
The widespread impact of the new Coronavirus (COVID-19) has made the world panic. COVID-19 affected all spheres of life, including food supplies and healthcare services. However, most of the empirical research failed to examine the impact of COVID-19 cases on food and healthcare prices which is the main focus of this study. Moreover, in the given context, the authors use a recently developed model that the previous studies failed to use.
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This study aims to develop a comprehensive framework for Islamic social entrepreneurship (ISE) by synthesizing Islamic principles and social entrepreneurship concepts, bridging…
Abstract
Purpose
This study aims to develop a comprehensive framework for Islamic social entrepreneurship (ISE) by synthesizing Islamic principles and social entrepreneurship concepts, bridging the gap between theory and practice.
Design/methodology/approach
Using a systematic literature review, this study focuses on scholarly works published from 1992 to 2023, uses thematic analysis and engages with subject experts to craft a framework for ISE.
Findings
The study identified 39 sub-dimensions grouped into 13 core dimensions. These findings highlight the multifaceted impact on ISE, emphasizing its commitment to ethical, socially responsible practices and achieving lasting social impact through collaborative, innovative approaches guided by Islamic principles.
Research limitations/implications
Limitations include regional focus, lack of longitudinal data and absence of quantitative testing for the framework. Future research should expand scope, use quantitative analysis and explore gender dynamics, policy implications and standardized impact metrics to enhance the framework’s robustness.
Practical implications
The study’s comprehensive framework aids ISE practitioners in aligning their ventures with Islamic ethics and social impact. As interest in ISE grows, particularly in Muslim-majority contexts, this research facilitates the integration of Islamic values into social entrepreneurship, addressing pressing societal challenges.
Originality/value
This study contributes to the field of ISE by proposing a meticulously crafted framework that synthesizes Islamic principles and social entrepreneurship concepts. It stands out as a unique endeavor that bridges the gap between theory and practice in ISE, offering practical guidance while enriching the scholarly discourse on the subject.
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Shahed Mustafa, Darryl John Newport, Clare Rigg and Md Shahidul Islam
The purpose of this study is to explore the impacts of aid in the form of food, cash, and agricultural inputs on internal migration following a series of cyclones in the southern…
Abstract
Purpose
The purpose of this study is to explore the impacts of aid in the form of food, cash, and agricultural inputs on internal migration following a series of cyclones in the southern coastal areas of Bangladesh. The impacts of sources of aid, such as institutional or social network sources, were also analysed. With the increasing frequency of extreme climatic events, it becomes crucial to understand the impacts of different post-cyclonic aid on human mobility.
Design/methodology/approach
A total of 472 households across 16 blocks (moujas) in the Patharghata sub-district of Barguna district were selected for participation using a stratified sampling strategy. Data were captured via a survey which included individual and household-level demographics, migration and aid-receipt following cyclones. Data were analysed using a mixture of descriptive and inferential statistical methods.
Findings
The analysis revealed that migration was significantly higher among households which did not receive institutional food aid. More specifically, non-receipt of food aid and cash aid after a cyclone, different sources of income, non-availability of alternative sources of income, lack of land ownership and severity of cyclones up to a certain level increased migration among the households where a minority of household members migrated. In contrast, the absence of food aid and the severity of cyclones were found to be significant factors in increasing migration among the households where a majority of household members migrated. The authors argue that the decision to migrate from the households where most members migrated increased with the rise in cyclone severity.
Originality/value
The contribution of this research in the field of aid and migration is unique. To the best of the authors’ knowledge, no research was conducted before on the impacts of distribution and type of aid on internal migration following a cyclone.
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The purpose of this study was to review the information on the scientific efforts and achievements in sustainable industrial textile applications of natural colourants. Then the…
Abstract
Purpose
The purpose of this study was to review the information on the scientific efforts and achievements in sustainable industrial textile applications of natural colourants. Then the paper suggests the ways of improving the industrial textile applications of plant-based colourants.
Design/methodology/approach
The literature on the chemistry, sources and extraction of plant-based natural colourants was reviewed. The reviewed information was analysed and synthesised to provide techniques for selecting sustainable extraction methods, possible sustainable textile applications of natural colourants and the challenges which hinder industrial textile applications of plant-based natural colourants. The ways of overcoming the challenges of the industrial textile applications of plant natural colourants were suggested. Lastly, the current situation of industrial application of natural dyes in textiles is presented.
Findings
Despite the scientific achievement to overcome the challenges of natural colourants for textiles, the global industrial application of natural colourants is still low. Inadequate knowledge of the dyers results into poor performance of the natural dyed textile. The natural dyed textiles are expensive due to the scarcity of raw materials for manufacturing of natural colourants. The selection of suitable extraction, application methods and type of substrate should consider the chemistry of the particular colourant. The society should be educated about the benefits of natural dyed textiles. Cultivation of colourant-bearing plants should be promoted to meet the industrial material demand.
Originality/value
The paper provides a synthesized collection of information about the source, chemistry, extraction, textile application and challenges of plant-based natural colourants. The reviewed information was analysed and synthesised to provide techniques for selecting sustainable extraction methods, possible sustainable textile applications of natural colourants and the challenges which hinder industrial textile applications of plant-based natural colourants. The ways of overcoming the challenges of the industrial textile applications of plant natural colourants were suggested.