Bishnu Kumar Adhikary
This paper examines the linkage between FDI, trade openness, capital formation, and economic growth rates inBangladesh over a period 1986 to 2008 using time series analysis. All variables are found stationary at firstdifferencing both at constant and constant plus trend level under the ADF and PP st...
Bishnu Kumar Adhikary
This paper discusses the magnitude of Nonperforming Loans ("NPLs") in the banking sector of Bangladesh since the adoption of prudential norms in the loan classification and provisioning system in 1990.The paper reveals that the presence of an alarming amount of NPLs both in the Nationalized Commerci...
Bishnu Kumar Adhikary
Purpose The purpose of this paper is to investigate the macroeconomic determinants of foreign direct investment (FDI) for the top five South Asian economies, namely, Bangladesh, India, Pakistan, Sri Lanka, and Nepal, and to examine whether these factors are the same for each. Design/methodology/appr...
Bishnu Kumar Adhikary
This paper investigates the impact of foreign direct investment (FDI), trade openness, domestic demand, and exchange rate on the export performance of Bangladesh over the period of 1980–2009 using the vector error correction (VEC) model under the time series framework. The stationarity of the variab...
Bishnu Kumar Adhikary, Ranjan Kumar Mitra
This paper examines the determining factors of the audit committee independence in the financial sector of Bangladesh by employing a cross-sectional regression analysis on 72 financial firms. The paper reveals that firms with large boards and more non-executive directors tend to provide more indepen...
Bishnu Kumar Adhikary, Prashanta Kumar Banerjee
Investigation of the exchange rate reveals a short term net negative feedback from the exchange rate to stock market with insignificant associated T-values of the coefficients of the contemporaneous and lagged variables.It shows that the exchange rate and stock market are nearly independent, which i...
Yasushi Suzuki, Bishnu Kumar Adhikary
This paper applies the ‘bank rent’ approach to understanding the development of the banking system in Bangladesh since its independence. The paper uses the financial restraint model as an analytical framework and argues that there still remains room for creating bank rents in order to change the cur...
Bishnu Kumar Adhikary, Ranjan Kumar Mitra, Mohammad Rajon Meah
Purpose This study aims to investigate the earnings management practices of the listed manufacturing firms in Bangladesh and assess the impact of corporate governance mechanisms on such earnings management behavior. Design/methodology/approach The study applies the real earnings management (REM) mod...
Bishnu Kumar Adhikary, Kenji Kutsuna
Koji Kojima, Bishnu Kumar Adhikary, Ranjan Kumar Mitra
Bishnu Kumar Adhikary, Ranjan Kumar Mitra
<p><em>This paper uses a survey instrument to elicit business students’ perceptions of ethics in business in Bangladesh. </em><em>Based on students’ opinions, t</em><em>he survey results</em><em> show</em><em> that </em><em>e<...
Bishnu Kumar Adhikary, Kenji Kutsuna, Takaaki Hoda
Bishnu Kumar Adhikary
This paper compares the trends and dimensions of FDI in major South Asian economies, namely Bangladesh, India, Pakistan, Sri Lanka and Nepal. The paper reveals that although South Asia, as a whole, received higher importance in receiving FDI after the post reform period (1990s), India holds lion’s s...
Bishnu Kumar Adhikary, Ranjan Kumar Mitra
This chapter examines the impact of board elements on CSR spending by private commercial banks in an emerging economy, considering Bangladesh as a case. In doing so, we collected necessary data from the annual reports of 30 commercial banks listed on the Dhaka Stock Exchange, covering the period 200...
Keya Rani Das, Bishnu Kumar Adhikary, Linnet Riya Barman, Fatima Khatun et al.
Bangladesh has experienced a concerning rise in traffic accidents over time, leading to numerous unintentional deaths and injuries. To address road safety effectively, it is crucial to first focus on the factors that contribute to these crashes. The primary purpose of this article is to systematical...