Business Analysis of Pharmaceutical Firms in Bangladesh: Problems and Prospects

Habib, Anamul; Alam, Zahedul

doi:10.3329/jbt.v6i1.9995

Cited by 14 publications

(16 citation statements)

References 3 publications

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“…Marketing Representatives (MR) are the frontline employees who are responsible for prospecting the sales of such extended product line. They are the key force for marketing and sales functions of this sector (Habib and Alam, 2011). It can be argued that, target oriented professions can be stressful as they need to put their Correspondence to: Kazi Nazmul Huda, E-mail: knhuda@yahoo.com utmost effort to meet the sales target.…”

Section: Prologuementioning

confidence: 99%

“…They need to visit the doctors during day and night and become stressed both at work and in personal life. To keep them effective and more focused towards work, QWL issues should be properly applied as a success factor of pharmaceutical industries (Habib and Alam, 2011). However, there is lack of studies on the applicability of QWL theories in Bangladesh.…”

Section: Prologuementioning

confidence: 99%

“…Again, most existing QWL studies are for the developed countries. Habib and Alam, 2011;Hossain and Shoaib, 2013;and Akter, 2015 on their article on Bangladesh studied the prospects, contributions, opportunities, and challenges of this sector but not on the welfare of the professionals working in this industry. This study has endeavored to fill the gaps of previous researches.…”

Section: Review Of Literaturementioning

confidence: 99%

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Measuring the Impacts of Quality of Work Life Indicators on the Marketing Representatives of Pharmaceutical Industries

Huda

2017

Bangla Pharma J

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In modern Human Resource Management (HRM) practice, the concept of 'Quality of Work Life' (QWL) is relatively a new strategy for employee retention. The idea of QWL is developed upon the increasing importance of reducing employee turnover rate in a highly competitive market. Better QWL practice in sales and marketing oriented companies is inevitable to ensure employee productivity and therefore needs to be studied in detail. The core objective of the study was to measure the impact of QWL variables on the lives of Marketing Representatives (MR) of pharmaceutical companies. First, the variables influencing QWL are elaborated with the help of extensive literature review. Then this study tried to identify the current scenario of QWL Practices in ten renowned pharmaceutical companies through a survey of 112 MRs. This was supplemented with in-depth interviews of HR executives of three different companies. The study discovered job stress as a high priority indicator of QWL. The research also revealed organizational atmosphere based on fairness, experience sharing culture, employee suggestion scheme, opportunity to use skill and satisfactory reward system as influential determinants of QWL. This paper recommends the installation of QWL practices in other pharmaceutical companies with few short and long-term suggestions. There is room for conceptualizing and actualizing standard QWL practice in the Bangladeshi pharmaceutical companies. An initiative like this one will encourage discussion and debates in applying much needed QWL practices in other sectors.

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Section: Prologuementioning

confidence: 99%

Section: Prologuementioning

confidence: 99%

Section: Review Of Literaturementioning

confidence: 99%

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Measuring the Impacts of Quality of Work Life Indicators on the Marketing Representatives of Pharmaceutical Industries

Huda

2017

Bangla Pharma J

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“…However, in Bangladesh very few researches focused on the application of dividend policy theories on companies of a particular industry listed in a stock exchange. Moreover, in case of pharmaceutical industry of Bangladesh, a number of research efforts and Hossain, 2012;Azam, and Richardson, 2010;DCCI, 2008;Habib, and Alam, 2011;Islam and Mili, 2012;Majumder and Rahman, 2011;Saad, 2012;VanDuzer, 2003;World Bank, 2008). However, studies hardly worked on the pharmaceuticals dividend policy determinants, particularly focusing on the interest of the stock market investors.…”

Section: Literature Reviewmentioning

confidence: 99%

Stock Market Investors’ Guide to Corporate Dividend Policy: Evidence from Pharmaceuticals and Chemicals Industries in Bangladesh

Chowdhury¹,

Jannatunnesa

2017

AJFA

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Dividend policy has been an important component in the arena of financial literature and providing evidence that dividend payout decisions are affected by various factors. Numerous studies have been conducted so far on corporate dividend policy in Bangladesh. The pharmaceuticals and chemicals industries of Bangladesh offer a lot of investment panorama for the retail investors. This research has been an endeavor to determine the factors affecting the dividend policy of these promising industries, and guide the investment decisions of the equity investors. In this attempt, this study is also a unique one to incorporate the chemicals industry along with the pharmaceuticals industry as both the industries constitute the 'pharmaceuticals and chemicals sector' listed in the stock market of Bangladesh. The study is a quantitative one based on secondary data. It comprises of different statistical analyses such as descriptive statistics, correlation matrix and multiple linear regression analysis, etc. Firm size, growth, liquidity, profitability, last year's dividend and P/E ratio are used as dependent variables. Besides, ownership structure, firm age, market share, and risk are used as control variables. The study explores that firm size has significant negative and last year's dividend ISSN 1946-052X 2017 ajfa.macrothink.org 167 has significant positive relationship with dividend payout. However, dividend payout does not depend on firm growth, liquidity, profitability and P/E ratio of a firm. The research outcome may have important implications for the improvement of investors' perceptions, which may assist them in their investment decisions in the researched industries. Certainly more work lies ahead to add to explanations for why some of the factors affect the dividend policy of the industries, while others have no significant impact thereon. Asian Journal of Finance & Accounting

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“…Pharmaceutical sector in Bangladesh is a second promising sector in recent era [14]. Due to modern technical advances (compliance with several international standards), Bangladesh is now exporting medicines including anti-cancer, anti-diabetic, vaccines for viral diseases, and hormones to US, Europe and Asian countries (around 70 countries) after meeting its local demands [15].…”

Section: Introductionmentioning

confidence: 99%

Bioequivalence Assessment of Metformin Tablet Formulations of Bangladesh

Islam

Khan

et al. 2014

J. Sci. Res.

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Six marketed oral antidiabetic metformin tablets in Bangladesh have been studied for their drug content, release profile and glucose lowering capacities. This sort of study is a good indicator for in vivo evaluation of the quality of an oral antidiabetic preparation. Marketed preparations of metformin-HCl from different manufacturers were randomly chosen for this study. The drug content was within the United State Pharmacopoeia (USP) specified limit (95-105%) in all cases. The blood glucose levels were investigated in streptozotocin-induced diabetic rats (SIDRs) after 5 hours of single dose (110 mg/kg body weight) treatment of the products; significantly (p<0.05) reduced blood glucose level by 58.1, 53.2, 50.8, 77.0, 72.9 and 49.1%, respectively; which were consistent with antihyperglycemic effects of standard metformin-HCl (71.3%). All the products were found to be qualified in lowering blood glucose level. It may be inferred that the metformin-HCl tablets of Bangladeshi manufacturers complies with the standard specifications for drug contents, dissolution and antihyperglycemic properties.

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Business Analysis of Pharmaceutical Firms in Bangladesh: Problems and Prospects

Abstract: The

Cited by 14 publications

References 3 publications

Measuring the Impacts of Quality of Work Life Indicators on the Marketing Representatives of Pharmaceutical Industries

Measuring the Impacts of Quality of Work Life Indicators on the Marketing Representatives of Pharmaceutical Industries

Stock Market Investors’ Guide to Corporate Dividend Policy: Evidence from Pharmaceuticals and Chemicals Industries in Bangladesh

Bioequivalence Assessment of Metformin Tablet Formulations of Bangladesh

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