This article builds an understanding of Keynes’ General Theory as an advancement upon the Classical theory of economics with the introduction of new postulates including analysis of the propensity to consume, marginal efficiency of capital and the concept of the rate of interest. Based upon Keynesian General Theory, the key concepts, and variables of Liquidity Preference, Marginal Efficiency of Capital, and Marginal Propensity to Consume are familiarized and elaborated in terms of their role and importance in theory. Different references have been cited to support the interpretations as originally presented in Keynes’s General Theory. Literature has widely discussed the vital postulates of Keynes on the principle of effective demand, the consumption function, multiplier and interest rate, interest rate and investment. These postulates take account of the subjected variables and elaborate on the importance of these in Keynes General theory and models. Furthermore, the criticism of General theory is discussed, and conclusions are drawn at the end of the article.
{"title":"The Role and Importance of Liquidity Preference, Marginal Efficiency of Capital, and Marginal Propensity to Consume in Keynes’s General Theory","authors":"Usman Ghani, M. Hossain","doi":"10.58970/ijsb.2056","DOIUrl":"https://doi.org/10.58970/ijsb.2056","url":null,"abstract":"This article builds an understanding of Keynes’ General Theory as an advancement upon the Classical theory of economics with the introduction of new postulates including analysis of the propensity to consume, marginal efficiency of capital and the concept of the rate of interest. Based upon Keynesian General Theory, the key concepts, and variables of Liquidity Preference, Marginal Efficiency of Capital, and Marginal Propensity to Consume are familiarized and elaborated in terms of their role and importance in theory. Different references have been cited to support the interpretations as originally presented in Keynes’s General Theory. Literature has widely discussed the vital postulates of Keynes on the principle of effective demand, the consumption function, multiplier and interest rate, interest rate and investment. These postulates take account of the subjected variables and elaborate on the importance of these in Keynes General theory and models. Furthermore, the criticism of General theory is discussed, and conclusions are drawn at the end of the article.","PeriodicalId":297563,"journal":{"name":"International Journal of Science and Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126965446","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The multifaceted concept of women's empowerment has gained prominence, particularly in the context of the Ready-Made Garment (RMG) industry. This paper investigates the impact of the RMG sector on women's empowerment, centering on ten garment companies located in BISIC, Fatullah, Narayanganj District, Bangladesh. Employing a sample of 150 women workers (with a response rate of 90%), this study examines the contribution of employment in this industry to economic, social, and political empowerment. Through a comprehensive review of literature and empirical studies, the research explores the complex relationship between women's participation in the RMG industry and the outcomes of their empowerment. The findings underscore that, while the RMG sector has created employment opportunities for a substantial number of women in developing countries like Bangladesh, the nature and extent of their empowerment experiences are shaped by factors such as workplace conditions, education, and societal norms. Recognizing these nuances is crucial for policymakers, industry stakeholders, and advocates of women's rights to formulate effective strategies that optimize the positive impact of the RMG sector on women's empowerment in BISIC, Fatullah, Narayanganj District.
{"title":"Women’s Empowerment: Impact of RMG; Case from BISIC, Fatullah, Narayanganj District","authors":"Sarmin Akter","doi":"10.58970/ijsb.2264","DOIUrl":"https://doi.org/10.58970/ijsb.2264","url":null,"abstract":"The multifaceted concept of women's empowerment has gained prominence, particularly in the context of the Ready-Made Garment (RMG) industry. This paper investigates the impact of the RMG sector on women's empowerment, centering on ten garment companies located in BISIC, Fatullah, Narayanganj District, Bangladesh. Employing a sample of 150 women workers (with a response rate of 90%), this study examines the contribution of employment in this industry to economic, social, and political empowerment. Through a comprehensive review of literature and empirical studies, the research explores the complex relationship between women's participation in the RMG industry and the outcomes of their empowerment. The findings underscore that, while the RMG sector has created employment opportunities for a substantial number of women in developing countries like Bangladesh, the nature and extent of their empowerment experiences are shaped by factors such as workplace conditions, education, and societal norms. Recognizing these nuances is crucial for policymakers, industry stakeholders, and advocates of women's rights to formulate effective strategies that optimize the positive impact of the RMG sector on women's empowerment in BISIC, Fatullah, Narayanganj District.","PeriodicalId":297563,"journal":{"name":"International Journal of Science and Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135611973","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study delves into a comprehensive examination of the intricate relationship between financial development and inflation in Kenya, utilizing time series data spanning from 1973 to 2021. Within the empirical and theoretical realms, especially within country-specific contexts, the multifaceted dynamics of short-run and long-run impacts stemming from financial development on inflation have remained a significantly underexplored area. To address this research gap, we employ ARDL analysis, recognized for its sophistication and analytical rigor. The empirical findings from this study unveil a robust and enduring influence of financial development on inflation in Kenya over the long haul. Nonetheless, it's noteworthy that immediate evidence of financial development's impact on inflation appears relatively modest. Furthermore, the study unveils a complex interplay between interest rates and inflation, both in the short and long run, showcasing an negative relationship. These outcomes emphasize a substantial Granger and ARDL-driven causal link between inflation and financial development. Importantly, the policy implications arising from these empirical insights underscore the critical need for prudent financial sector oversight, focusing on fostering a climate conducive to stable and moderate inflation rates. This necessitates concerted efforts from both financial institutions and the government to fortify financial market infrastructures and bolster the uptake of financial services.
{"title":"The Impact of Financial Development on Inflation: Empirical Evidence from Kenya using the ARDL Approach","authors":"Emilio Munene Gachoki","doi":"10.58970/ijsb.2210","DOIUrl":"https://doi.org/10.58970/ijsb.2210","url":null,"abstract":"This study delves into a comprehensive examination of the intricate relationship between financial development and inflation in Kenya, utilizing time series data spanning from 1973 to 2021. Within the empirical and theoretical realms, especially within country-specific contexts, the multifaceted dynamics of short-run and long-run impacts stemming from financial development on inflation have remained a significantly underexplored area. To address this research gap, we employ ARDL analysis, recognized for its sophistication and analytical rigor. The empirical findings from this study unveil a robust and enduring influence of financial development on inflation in Kenya over the long haul. Nonetheless, it's noteworthy that immediate evidence of financial development's impact on inflation appears relatively modest. Furthermore, the study unveils a complex interplay between interest rates and inflation, both in the short and long run, showcasing an negative relationship. These outcomes emphasize a substantial Granger and ARDL-driven causal link between inflation and financial development. Importantly, the policy implications arising from these empirical insights underscore the critical need for prudent financial sector oversight, focusing on fostering a climate conducive to stable and moderate inflation rates. This necessitates concerted efforts from both financial institutions and the government to fortify financial market infrastructures and bolster the uptake of financial services.","PeriodicalId":297563,"journal":{"name":"International Journal of Science and Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135750801","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study looks at how important it is for oil and gas companies which are listed on the Toronto Stock Exchange (TSX) to disclose information on climate change. I create a disclosure index by doing a content analysis of 58 firms' publicly accessible documents. As an independent variable, the Disclosure Index Score derived from the content analysis of 58 corporations is taken into consideration. As a stand-in for business value, the market to book assets ratio is employed. The relationship between corporate value and the degree of climate change disclosure is investigated in this study. According to empirical data, investors weigh how much information has been disclosed on climate change when determining a company's market value. Because it looks at the connection between climate change declarations and businesses' value, this study adds to the body of knowledge in environmental accounting. Practically speaking, the results of this investigation will give the Canadian Securities Administrator (CSA) an understanding of how disclosures about climate change are made and give them a framework for drafting associated disclosure requirements. Additionally, it should motivate Canadian oil and gas corporations to reveal their GHG emission reduction plans and strategies.
{"title":"Value Relevance of Climate Change Disclosure: An Empirical Study on The Oil & Gas Companies Listed on Toronto Stock Exchange (TSX)","authors":"Amirus Salat","doi":"10.58970/ijsb.2157","DOIUrl":"https://doi.org/10.58970/ijsb.2157","url":null,"abstract":"This study looks at how important it is for oil and gas companies which are listed on the Toronto Stock Exchange (TSX) to disclose information on climate change. I create a disclosure index by doing a content analysis of 58 firms' publicly accessible documents. As an independent variable, the Disclosure Index Score derived from the content analysis of 58 corporations is taken into consideration. As a stand-in for business value, the market to book assets ratio is employed. The relationship between corporate value and the degree of climate change disclosure is investigated in this study. According to empirical data, investors weigh how much information has been disclosed on climate change when determining a company's market value. Because it looks at the connection between climate change declarations and businesses' value, this study adds to the body of knowledge in environmental accounting. Practically speaking, the results of this investigation will give the Canadian Securities Administrator (CSA) an understanding of how disclosures about climate change are made and give them a framework for drafting associated disclosure requirements. Additionally, it should motivate Canadian oil and gas corporations to reveal their GHG emission reduction plans and strategies.","PeriodicalId":297563,"journal":{"name":"International Journal of Science and Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135829753","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The study investigates the impact of well-functioning stock market in Bangladesh economy (2003-2022). The research has taken account of secondary data and employed regression analysis to measure the intensity of possible influence that Dhaka stock market capitalization has on GDP. It has been demonstrated that the trends in stock market follow parallel momentum along with GDP. The genesis of a functional financial system resides in relevant capital markets that promotes and revitalizes platforms for smooth channeling of funds. A knowledge-based investment environment for investors would pursue higher efficiency and liquidity in the markets. The data collected for the study are analyzed quantitatively and significant statistical evidence have been found that the idea conforms to the analysis. Upper trend in stock market cap reflects inherent profitability and accessibility to resources of listed business companies hence, economic growth is enhanced.
{"title":"The Impact of Stock market on Economic Growth: Evidence of Bangladesh","authors":"Tasnuva Sharmin","doi":"10.58970/ijsb.2261","DOIUrl":"https://doi.org/10.58970/ijsb.2261","url":null,"abstract":"The study investigates the impact of well-functioning stock market in Bangladesh economy (2003-2022). The research has taken account of secondary data and employed regression analysis to measure the intensity of possible influence that Dhaka stock market capitalization has on GDP. It has been demonstrated that the trends in stock market follow parallel momentum along with GDP. The genesis of a functional financial system resides in relevant capital markets that promotes and revitalizes platforms for smooth channeling of funds. A knowledge-based investment environment for investors would pursue higher efficiency and liquidity in the markets. The data collected for the study are analyzed quantitatively and significant statistical evidence have been found that the idea conforms to the analysis. Upper trend in stock market cap reflects inherent profitability and accessibility to resources of listed business companies hence, economic growth is enhanced.","PeriodicalId":297563,"journal":{"name":"International Journal of Science and Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135448248","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
A very crucial part of Bangladeshi people’s employment, GDP contribution, and mainly livelihood is agriculture. It plays a vital role in decreasing poverty and ensuring food security. Plant diseases are a serious stumbling block in agricultural production in Bangladesh. At times, humans can’t detect the disease from an infected leaf with the naked eye. Using inorganic chemicals or pesticides in plants when it’s too late leads in vain most of the time, deposing all the previous labor. The deep-learning technique of leaf-based image classification, which has shown impressive results, can make the work of recognizing and classifying all diseases trouble-less and more precise. In this paper, we’ve mainly proposed a better model for the detection of leaf diseases. Our proposed paper includes the collection of data on three different kinds of crops: bell peppers, tomatoes, and potatoes. For training and testing the proposed CNN model, the plant leaf disease dataset collected from Kaggle, is used which has 17430 images. The images are labeled with 14 separate classes of damage. The developed CNN model performs efficiently and could successfully detect and classify the tested diseases. The proposed CNN model may have great potency in crop disease management.
{"title":"Plant Leaf Disease Detection and Classification Using Deep Learning: A Review and A Proposed System on Bangladesh’s Perspective","authors":"Md. Jalal Uddin Chowdhury, Zumana Islam Mou, Rezwana Afrin, Shafkat Kibria","doi":"10.58970/ijsb.2214","DOIUrl":"https://doi.org/10.58970/ijsb.2214","url":null,"abstract":"A very crucial part of Bangladeshi people’s employment, GDP contribution, and mainly livelihood is agriculture. It plays a vital role in decreasing poverty and ensuring food security. Plant diseases are a serious stumbling block in agricultural production in Bangladesh. At times, humans can’t detect the disease from an infected leaf with the naked eye. Using inorganic chemicals or pesticides in plants when it’s too late leads in vain most of the time, deposing all the previous labor. The deep-learning technique of leaf-based image classification, which has shown impressive results, can make the work of recognizing and classifying all diseases trouble-less and more precise. In this paper, we’ve mainly proposed a better model for the detection of leaf diseases. Our proposed paper includes the collection of data on three different kinds of crops: bell peppers, tomatoes, and potatoes. For training and testing the proposed CNN model, the plant leaf disease dataset collected from Kaggle, is used which has 17430 images. The images are labeled with 14 separate classes of damage. The developed CNN model performs efficiently and could successfully detect and classify the tested diseases. The proposed CNN model may have great potency in crop disease management.","PeriodicalId":297563,"journal":{"name":"International Journal of Science and Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135103466","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study aims to investigate the impact of effective strategic management on the performance of small and medium-sized businesses through a case study of M-Gurush Money Transfer Company Limited. There are initiatives on the impact of mobile money in various places throughout the world, including Juba, South Sudan. Given that the definition of financial inclusion is "the share of individuals and firms that use financial services," the majority of studies have focused on the relationship between financial inclusion and mobile money (World Bank Group, 2014). Unquestionably, the growth of mobile money in Sub-Saharan Africa helps to accomplish this first goal. The global agenda item of financial inclusion is of great interest to policymakers, regulators, academia, businesses, and other stakeholders. Conduct a study for the M-Gurush Money Transfer Company, situated in Juba, South Sudan, evaluating the effectiveness of strategic management practices used by small and medium-sized businesses. Analyze how effective strategic management affects small and medium-sized firms' performance. Another crucial aspect of m-gurush money transfer is the generation of new concepts and technological innovations.
本研究以M-Gurush Money Transfer Company Limited为个案，探讨有效的策略管理对中小企业绩效的影响。世界各地都有关于移动货币影响的倡议，包括南苏丹的朱巴。鉴于普惠金融的定义是“使用金融服务的个人和公司的份额”，大多数研究都集中在普惠金融与移动货币之间的关系上(世界银行集团，2014年)。毫无疑问，移动货币在撒哈拉以南非洲的发展有助于实现第一个目标。普惠金融是政策制定者、监管机构、学术界、企业和其他利益相关者非常感兴趣的全球议程项目。为位于南苏丹朱巴的M-Gurush汇款公司进行一项研究，评估中小企业使用的战略管理实践的有效性。分析有效的战略管理如何影响中小企业的绩效。移动转账的另一个关键方面是新概念和技术创新的产生。
{"title":"Investigate the significant impact of Effective Strategic Management on The Performance of Small and Medium-Sized Businesses: A Case Study of M-Gurush Money Transfer Company","authors":"Peter Garang Thieel","doi":"10.58970/ijsb.2263","DOIUrl":"https://doi.org/10.58970/ijsb.2263","url":null,"abstract":"This study aims to investigate the impact of effective strategic management on the performance of small and medium-sized businesses through a case study of M-Gurush Money Transfer Company Limited. There are initiatives on the impact of mobile money in various places throughout the world, including Juba, South Sudan. Given that the definition of financial inclusion is \"the share of individuals and firms that use financial services,\" the majority of studies have focused on the relationship between financial inclusion and mobile money (World Bank Group, 2014). Unquestionably, the growth of mobile money in Sub-Saharan Africa helps to accomplish this first goal. The global agenda item of financial inclusion is of great interest to policymakers, regulators, academia, businesses, and other stakeholders. Conduct a study for the M-Gurush Money Transfer Company, situated in Juba, South Sudan, evaluating the effectiveness of strategic management practices used by small and medium-sized businesses. Analyze how effective strategic management affects small and medium-sized firms' performance. Another crucial aspect of m-gurush money transfer is the generation of new concepts and technological innovations.","PeriodicalId":297563,"journal":{"name":"International Journal of Science and Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135312780","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The study aimed to assess the impact of tax administration on revenue generation in South Sudan, using a descriptive approach and a case study of the National Revenue Authority and Ministry of Finance and Planning. The research employed purposive sampling and interviews for further analysis Findings for this study were derived from tax revenue and tax administration in the National Revenue Authority and Ministry of Finance and Planning, where investigation was carried out in areas of narrow tax base, culture of the inhabitants and manpower issues, taxpayer's awareness, receipts misappropriation and inefficiency, as well as ineffectiveness and inefficiency, which were confirmed to be causes of low revenue generation in South Sudan. As a result of the findings, it was determined that it was necessary to increase the tax base by enacting new taxes like the super profit tax and the value-added tax (VAT), increase tax payer awareness to improve collection, and develop strategies to address the manpower shortage by hiring qualified, energetic, and motivated employees; provide incentives and bonuses to tax officials to reduce receipts misappropriation; and regularly train tax officials to improve their capacities and, as a result, their effectiveness and efficiency in generating revenue.
{"title":"Administration on Revenue Generation in South Sudan: A Case Study of the National Revenue Authority and Ministry of Finance and Planning","authors":"AKECH AYAK MAJAK DENG","doi":"10.58970/ijsb.2232","DOIUrl":"https://doi.org/10.58970/ijsb.2232","url":null,"abstract":"The study aimed to assess the impact of tax administration on revenue generation in South Sudan, using a descriptive approach and a case study of the National Revenue Authority and Ministry of Finance and Planning. The research employed purposive sampling and interviews for further analysis Findings for this study were derived from tax revenue and tax administration in the National Revenue Authority and Ministry of Finance and Planning, where investigation was carried out in areas of narrow tax base, culture of the inhabitants and manpower issues, taxpayer's awareness, receipts misappropriation and inefficiency, as well as ineffectiveness and inefficiency, which were confirmed to be causes of low revenue generation in South Sudan. As a result of the findings, it was determined that it was necessary to increase the tax base by enacting new taxes like the super profit tax and the value-added tax (VAT), increase tax payer awareness to improve collection, and develop strategies to address the manpower shortage by hiring qualified, energetic, and motivated employees; provide incentives and bonuses to tax officials to reduce receipts misappropriation; and regularly train tax officials to improve their capacities and, as a result, their effectiveness and efficiency in generating revenue.","PeriodicalId":297563,"journal":{"name":"International Journal of Science and Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135500809","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study investigates the influence of applying Deming's model on the institutional performance of air navigation, with a specific focus on the concept of quality and its alignment with the present and future needs and expectations of customers. The research was conducted within the Department of Air Traffic in Kuwait, specifically within the Air Navigation Services Company, utilizing a sample of 206 employees. To achieve its objectives, the researcher developed a questionnaire as the primary research tool, designed to assess the relationship between the application of the Deming model and institutional performance. The study reveals several significant findings. Firstly, there exists a statistically significant relationship at a significance level of α≤0.05 between the practices of the Deming model and the promotion of administrative innovation within the Air Navigation Company in Kuwait. Additionally, the research demonstrates a statistically significant effect at the α≤0.05 level of Deming model practices on internal institutional innovation. Moreover, a similar statistically significant effect at α≤0.05 was observed for Deming Model Management practices on creating value within the Air Navigation Company in Kuwait. Among the key recommendations arising from this study is the importance of assessing the quality of air navigation services from the perspective of customers, particularly in light of the application of the Deming model. Understanding customer perceptions and expectations can play a pivotal role in further enhancing the quality and effectiveness of air navigation services. This research contributes valuable insights into the application of Deming's model in the context of air navigation, shedding light on its potential benefits in terms of innovation, quality, and value creation.
{"title":"The Impact of Applying Deming's Model on Institutional Performance in Air Navigation: A Study on Quality and Customer Satisfaction","authors":"Sulaiman Alfooderi","doi":"10.58970/ijsb.2207","DOIUrl":"https://doi.org/10.58970/ijsb.2207","url":null,"abstract":"This study investigates the influence of applying Deming's model on the institutional performance of air navigation, with a specific focus on the concept of quality and its alignment with the present and future needs and expectations of customers. The research was conducted within the Department of Air Traffic in Kuwait, specifically within the Air Navigation Services Company, utilizing a sample of 206 employees. To achieve its objectives, the researcher developed a questionnaire as the primary research tool, designed to assess the relationship between the application of the Deming model and institutional performance. The study reveals several significant findings. Firstly, there exists a statistically significant relationship at a significance level of α≤0.05 between the practices of the Deming model and the promotion of administrative innovation within the Air Navigation Company in Kuwait. Additionally, the research demonstrates a statistically significant effect at the α≤0.05 level of Deming model practices on internal institutional innovation. Moreover, a similar statistically significant effect at α≤0.05 was observed for Deming Model Management practices on creating value within the Air Navigation Company in Kuwait. Among the key recommendations arising from this study is the importance of assessing the quality of air navigation services from the perspective of customers, particularly in light of the application of the Deming model. Understanding customer perceptions and expectations can play a pivotal role in further enhancing the quality and effectiveness of air navigation services. This research contributes valuable insights into the application of Deming's model in the context of air navigation, shedding light on its potential benefits in terms of innovation, quality, and value creation.","PeriodicalId":297563,"journal":{"name":"International Journal of Science and Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135501622","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
One of the top priorities for any business firm is corporate social responsibility. The sheer number of initiatives that business companies have taken shows how widely they have adopted CSR. In order to examine corporate social responsibility actions carried out by private commercial banks in Bangladesh, this study will do so. The study’s secondary data came from annual report of banks, website, Bangladesh Bank publications published between 2018 and 2021. From this study, it can be inferred that practically all private commercial banks participate in CSR initiatives. The results of this study also show that private commercial banks in Bangladesh primarily engages in CSR activities by making contributions to the fields of environment protection, disaster relief, infrastructure development in remote areas, income generation for the underprivileged, and others. The survey also found that Bangladesh's PCBs mostly support the sectors of healthcare, education, and disaster assistance. Environment, infrastructure development, income-generating initiatives for underprivileged populations, and cultural welfare sectors are not given much weight by CSR. So, emphasis should be given to the environment, the development of infrastructure, and technological innovation, activities that generate cash in order to help development of socio-economic development of Bangladesh.
{"title":"Corporate Social Responsibility Practices of Private Commercial Banks in Bangladesh","authors":"Md. Ahsan Ahamed","doi":"10.58970/ijsb.2178","DOIUrl":"https://doi.org/10.58970/ijsb.2178","url":null,"abstract":"One of the top priorities for any business firm is corporate social responsibility. The sheer number of initiatives that business companies have taken shows how widely they have adopted CSR. In order to examine corporate social responsibility actions carried out by private commercial banks in Bangladesh, this study will do so. The study’s secondary data came from annual report of banks, website, Bangladesh Bank publications published between 2018 and 2021. From this study, it can be inferred that practically all private commercial banks participate in CSR initiatives. The results of this study also show that private commercial banks in Bangladesh primarily engages in CSR activities by making contributions to the fields of environment protection, disaster relief, infrastructure development in remote areas, income generation for the underprivileged, and others. The survey also found that Bangladesh's PCBs mostly support the sectors of healthcare, education, and disaster assistance. Environment, infrastructure development, income-generating initiatives for underprivileged populations, and cultural welfare sectors are not given much weight by CSR. So, emphasis should be given to the environment, the development of infrastructure, and technological innovation, activities that generate cash in order to help development of socio-economic development of Bangladesh.","PeriodicalId":297563,"journal":{"name":"International Journal of Science and Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135446017","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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