AIUB Journal of Business and Economics

A Critical Analysis of Global Sustainable Supply Chain Management in the RMG Sector and the Significance of Empowering Female Labor

2023-10-25T11:12:37+00:00

Abstract

Purpose of the study: Sustainability has been extensively studied for its importance to long-term economic progress, achievement, and wealth. However, the social side of sustainability, particularly female labor and textile industry empowerment, has received little emphasis. This research paper examines the impact of RMG multinational corporations (MNCs) on the empowerment or exploitation of female workers inside the factory settings of global supply chains.

Methodology: The approach of critical discourse analysis is used to evaluate the findings from different textile MNCs and examine the issues of empowerment and sustainability.

Findings: This study finds the fundamental behaviors that contribute to the marginalization and exploitation of female employees within global corporate supply chains. Consequently, it highlights the necessity of investigating potential avenues explore the possibilities for genuine empowerment.

Implications: This study presents a policy framework that elucidates how various stakeholders can collectively pledge to ensure enduring empowerment for women. Additionally, the paper also recommends how fashion MNCs might establish sustainable supply chains, thereby fostering a mutually beneficial outcome.

Limitations: The paper requires further information and empirical data necessary to enhance the comprehensive understanding of genuine empowerment in the context of involving oppressed women in the global supply chains as subjects.

Application of the CAPM on the DS30 Index: A time series and cross-sectional approach to examine the risk and return paradigm for blue-chip stocks listed within the Dhaka Stock Exchange

2023-06-05T17:43:56+00:00

In the following study, an examination of the risk-return paradigm is visited upon once again in association with the Capital Asset Pricing Model (CAPM) structure and the Dhaka Stock Exchange (DSE). Sharpe (1964) and Lintner (1965) introduced the concept to single out the relationship between a company’s expected return in association to its systematic risk. The purpose was to examine if the CAPM when applied to the DSE context could be used to predict the expected returns given their systematic risk factored in. 42 such companies excluding the financial stocks that appeared within the DS30 blue-chip index over the period 2016 until 31st December 2019 were used as our primary data points. Prior to examining the risk-return tradeoff for the sample of individual stocks under consideration, we converted the daily price data into monthly formats and all the other factors were converted into monthly terms using the same technique. we applied Omran’s (2007) two stage regression model on to the basic version of the CAPM.

Going in line with textbook definitions, “empirical analysis utilizing the CAPM for individual companies/ stocks, the intercept term was observed to be significantly different from zero and the slope was not equal to the excess return obtained from the market portfolio”. The results of the study nullify our hypothesis and provide evidence against the use of the CAPM yielding conclusive evidence that the CAPM is not suitable to analyze risk-return probabilities for individual companies within the DSE.

Bhitargarh: A Catalyst for Living Archaeological Park in Bangladesh

2023-06-25T09:30:05+00:00

The qualitative study aims to explore how community archaeology can be utilized to introduce the potential scopes of living archaeological park at the largest fortified settlement in Bangladesh. Open ended questionnaire was used to collect the data from the interview session with the team leader of the archaeological investigation and excavation at Bhitargarh, The study outcome reveals that the archaeological heritage tourism can be introduced at Bhitargarh as a form of living archaeological park in Bangladesh. It is found that the archaeological (tangible heritage such as archaeological relics and excavated materials) and cultural (intangible heritage such as festival, events and traditions) resources can be preserved by the community archaeology at Bhitargarh. The findings of the study implores that the community archaeology of Bhitargarh can be empowered by the active community engagement in tourism planning, decision-making and tour operation. It is suggested that the patronization of the community archaeology at Bhitargarh can be exhibited as a model for future archaeological investigation and excavation for the purpose of archaeological heritage preservation and archaeological heritage tourism in Bangladesh.