This study has been designed to detect whether corporate accounting disclosures through annual report influence stock price movement in Dhaka Stock Exchange. To conduct our study, we gathered a series of panel data from 2010 through 2014 of 25 private commercial banks. Least square regression analysis has been done by incorporating fixed effect and random effect models and six models have been developed through Hausman Test. The resulting output revealed that “Earning per share”, “Return on equity” and “Net asset value per share” (book value) positively influenced stock price movement during our study period but “Earning per share” and “Net asset value per share” jointly can explain highest variation in stock price movement in DSE. Although past few studies showed weak form of market efficiency in DSE , this study conveys a positive movement of Banglidesh stock market from weak form towards strong form of efficiency.
This paper has been designed to investigate the current scenarios of Green Banking practices in Indian sub-continent and to disclose how central bank’s direct regulatory policy strengthens mandatory Green Banking practice and reporting in a country. This study is mainly a descriptive one based on review of different published literature. Relevant information has been collected from different off-line and online sources. Present scenario of Green Banking practices and central bank Green Banking policies in Indian sub-continent (India, Bangladesh and Pakistan) are disclosed first and then how central bank regulatory policies can create a competitive advantage to accelerate Green Banking practice in a country are disclosed. After critical evaluation of collected information, we find that if the central bank formulates Green Banking policies and enforces mandatory Green Banking practices and reporting for financial institutions rather than voluntary practices, a significant and distinguished progress in Green Banking practices and reporting may take place to ensure sustainable banking practice in a country.
Because of frequent price instability, stock market in Bangladesh represents itself an imperfect one over times. The retail investors claim that these frequent price fluctuation in the market is due to price manipulation, presence of syndicate and improper control by regulatory bodies and so on. But this study has found that a great portion of retail investors are very micro investors and reluctant in using relevant information in stock trading and furthermore ridiculously influenced by others investors and brokerage house personnel. Most of them consider only trend of past prices and market index. Majority of our respondents never considered net asset per share although it might give an idea about market value per share. So, the whole responsibilities of this price volatility and market imperfection can't be shifted to third parties solely; retail investor themselves are responsible to some extent due to their irrational behavior and high expectation from stock trading. Stock market perfection in Bangladesh is quite impossible without enhancing awareness among retail investors and ensuring their rational behavior in stock trading.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.