...Older Persons, ASM ATIQUR RAHMAN discusses the plight and prospects of ageing in 21st century Bangladesh. Old age is neither a disease nor an individual problem; rather, it has become a worldwide challenge that must be addressed globally. "Later life" is unavoidable, inevitable, universal and excessively troublesome. No one can stop the process of ageing. The quality of life and the rate of ageing both vary considerably depending on a number of factors such as education, occupation, purchasing capacity, lifestyle, food habit, residential location, belief and culture, etc. Surprisingly, ageing takes place within the context of family members, kin, neighbours, friends, work associates and the state. Lifelong preparations, making intergenerational linkages, using appropriate technology, developing right-based societal relationships, upholding religious values at the personal level, political commitment and governmental undertaking at the macro-level can help ensure a healthy ageing and active later life. Policy responses to ageing until now have tended to focus only on the provision of medical care and income security for older persons, which remain important but have been inadequate compared to the rate of ageing occurring now and projected to intensify in the coming decades. Population ageing is a by-product of scientific development in human societies bound to remain a dominant social problem throughout the 21st century. It is also gaining increasing recognition as one of...
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...Description of Reporting Practices Including Reporting of CSR Activities 12 * Part Two: Statement of the Problem Emphasis on Business Involvement in CSR Activities 15 Theoretical Discussion on CSR Practices 19 Why The Reporting Necessary in relation to CSR Practices 22 Standard of Listed companies in Bangladesh with Regard to Social Audit 23 * Part Three: Objectives, Scope & Methodology of the Study Objectives 26 Scope 27 Methodology 28 * Part Four: Findings of the Study Sample Enterprises 30 Areas of Social Responsibilities Discharged 33 Reporting Practices 36 Evaluation 37 * Part Five: Conclusion Summary of the Findings 39 Future Directions 40 References 42 Part one: Introduction A Brief Description of CSR Corporate social responsibility (CSR), also known as corporate responsibility, corporate citizenship, responsible business, sustainable responsible business (SRB), or corporate social performance, is a form of corporate self-regulation integrated into a business model. Ideally, CSR policy would function as a built-in, self-regulating mechanism whereby business would monitor and ensure its support to law, ethical standards, and international norms. Consequently, business would embrace responsibility for the impact of its activities...
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...A Developing Country Perspective of Corporate Social Responsibility: A Test Case of Bangladesh Ali Quazi, The University of Newcastle Ziaur Rahman, IITM, Bangladesh Byron Keating, University of Wollongong Abstract The ‘social contract’ between the corporation and the community is of critical importance. The motivations for these contracts are continuously being revisited to understand how CSR programs can nurture and contribute to the growth of firms. While CSR issues are attracting a great deal of attention in the developed world, there is a need for more research into CSR in the developing world. This paper considers the CSR practices of a small sample of multinational corporations (MNCs) and local firms in Bangladesh to better understand this situation. Introduction Corporate social responsibility (CSR) has generated significant debate in academic and corporate circles in recent times. This debate acknowledges the importance of CSR in the first-world, but raises questions regarding the extent to which corporations operating in developing countries have CSR obligations (Jamali and Mirshak, 2007). Conventional wisdom suggests that CSR is more relevant to corporations operating in the developed countries due to elevated community expectations of socially responsible behaviour. In contrast there is also a belief that societal expectations in the developing countries mainly centre on economic growth; therefore relegating CSR to be of lesser importance to the society and...
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...Author: Md. Nasir Uddin, Md.Mozammel Haque, Md.Fakhrul Islam Sumon, Saiful Islam, Kazi Mahbubul Hoq Department of Textile Engineering Daffodil International University Introduction: Bangladesh has emerged as a key player in RMG (Ready Made Garment) sector since 1978. Textiles and clothing account for about 85% of total export earnings of Bangladesh. Out of which, 76% comes from the apparel sector which covers the major products of knit and woven shirts, blouses, trousers, skirts, shorts, jackets, sweaters, sports wears and many more casual and fashion items. |[pic] | |Chart : Bangladeshi RMG export thourghout the decade | The pivotal factor in the apparel industry is the workforce i.e. the sewing operators, the helpers, cutting masters, pattern makers, finishers etc.. Bangladesh is endowed with abundant and cheap labour force that is easily trainable and convertible into semi-skilled and skilled workforce |[pic] | |Fig: garments Manufacturing | Quality of goods exported from Bangladesh has always been questioned by the foreign buyers due to lack of experience and awareness of Garment manufacturers associated in the trade. In order to export readymade garments, it is not only the...
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...Sweatshops in Bangladesh: An Ethical Dilemma Kristy Kennedy Legal, Ethical & Social Issues EAMBA 24 February 15, 2014 On April 25th of this year, a garment factory in Bangladesh collapsed, killing hundreds of workers. Fearing a backlash of negative publicity, U.S companies that outsource to garment factories in Bangladesh are questioning whether they should continue operations there; association with unsafe factories could tarnish a company’s reputation. Nike, for one, has already addressed their concern over the working conditions in Bangladesh and is minimizing their outsourcing operations there. An article in Forbes, “Sweatshops In Bangladesh Improve The Lives Of Their Workers, And Boost Growth”, discusses the negative consequences that would follow if companies abandon garment factories in Bangladesh. The 4 million workers in garment factories in Bangladesh could face a worse fate without the income from this job. The average “sweatshop” worker in garment factories in Bangladesh makes $2 a day. 77 percent of Bangladeshis make less then $2 a day. Moreover, if companies abandon these factories, they will slow the economic development needed to achieve improvements in safety for factory workers. Calling for improvements in safety standards in these factories does not take into account the impact it will have on these workers. Increases in costs due to new safety measures will likely result in a lower income for workers already struggling to “feed, clothe, and...
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...Retirement and Pension System in Bangladesh M Alimullah Miyan Doctor Vice-Chancellor & Founder IUBAT — International University of Business Agriculture and Technology Dhaka, Bangladesh E-mail: miyan@iubat.edu Abstract The retirement issue mostly relates to those who are in job situation and the retirement age in public service is 57 years. The agriculture sector has no retirement concept as also the case in self-employment. The aspects of retirement in terms of age, old age welfare and social impact have been discussed in this paper. Pension system in Bangladesh is mainly observed in government services. The pension issues are settled according to the rules of the Public Servants (Retirement) Act of 1974. There are four categories of pensions which have been elaborated and analyzed in the paper. There are about 36 million labors working in agriculture sector in the country, who are not covered by pensions. Similarly migrant workers do not receive any pension. There is no provision of pension for private sector workers. They only receive some gratuity at retirement. Government has recently introduced Old Age Allowance Programme which covers small fraction of elderly people in the country who are not covered by pension system. Although limited in coverage, this is a healthy beginning of providing security to vast majority of the elderly people who are not covered by the existing pension system. Family support is the...
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...World Journal of Social Sciences Vol. 2. No. 6. September 2012 Issue. Pp. 1 – 13 Practice of Corporate Social Responsibility in Islamic Banks of Bangladesh Quazi Sagota Samina* The evolution of Shariah based profit –loss sharing centered Islamic banking, worldwide has changed the thought of financial institutions even of the developed countries in the west. On the other hand the recognition of importance of corporate social activities in the business organizations as well as in financial institutions has accelerated the significance of Islamic banks as in Islam these CSR practice have been emphasized in different ways. Likewise the Islamic financial institutions all over the world, Islamic banks in Bangladesh are also being engaged in various social activities as a part of their responsibilities. In this study it has been tried to find out whether the Islamic Banks of Bangladesh are adhering to the prescribed forms of the CSR activities or not. This paper is mainly designed based on the CSR forms to be followed by Islamic banks as has been prescribed by Farook (2007) in his study “On Corporate Social Responsibility of Islamic Financial Institutions” under the light of Islamic Shariah. The research found compliance to the mandatory forms by the 6 full fledged sample Islamic banks in Bangladesh whereas variety in involvement in recommended forms of CSR activities by considering the scenario of banks from 2007 to 2011. The study also finds a strong positive correlation between CSR...
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...A Study of Nike’s Operations in Bangladesh Through a PESTLE Analysis Sarah Seward-Langdon Xi’an Jiaotong-Liverpool University MAN311 Business in the Asia-Pacific Region Dr. Donald Pak October 30, 2015 Word Count: 3,215 Table of Contents Executive SummaryIntroduction of Bangladesh PESTLE Analysis of Bangladesh Political Situation Economical Situation Social Situation Technological Situation Legal Situation Environmental SituationIntroduction of NikeNike AnalysisMini-SWOTNike in Relation to Bangladesh PESTLE AnalysisConclusionReferences | 344467789101111121416 | Executive Summary The Asia-Pacific region is a diverse and growing area spanning approximately 28,000 square kilometers worldwide (Lane and Waggener, 1997). Countries such as China, Japan, and South Korea have seen unprecedented growth in recent history and are now part of the top 15 world economies (Central Intelligence Agency, 2015). Although which countries are considered part of the region is heavily controversial, many professionals agree that it is one of the most promising areas for business investments. This paper aims to provide a deeper insight into one of the still impoverished countries in the Asia-Pacific region: Bangladesh. After a short introduction of Bangladesh, an in-depth PESTLE analysis will be done on the country’s situation. Before corporations decide to invest in a country, it is extremely important to have all the facts. Through a PESTLE interpretation, the advantages and disadvantages of...
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...The Devaluation of Bangladesh Job market Page of contents 1. Introduction 2. Operational definition 3. Statement of the problem 4. Research objectives or questions 5. Research methodology 6. Importance of the research 7. Source of materials 8. Review of literature 9. Time line 10. Scopes and limitations 11. Bibliography The devaluation in Bangladesh job market Introduction: - Devaluation in job market means the mistreatment by the employers to the job seekers in different job farms. It causes great harm to countrymen. It is a social malady. Each and every government sector and most of the private job market sector of Bangladesh is affected by this illegal process. It is one of the most negative and harmful process in Bangladesh. It spreads it’s greedy clutches all over the country. To get a job in Bangladeshi job market every classes of job seekers has to face this devaluation problem both in govt. and private sectors and now a days this is becoming so common that the job seekers can’t ignore it even if they want to. The misuse of power, pelf, wealth and money is the root cause of this devaluation. There is no one to raise voice against this galloping corruption or the devaluation. This devaluation is not a new phenomenon. What is new and worrying in the magnitude and size of devaluation. It has spread its tentacles in every sphere...
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...Macroeconomics Term Paper | | | [Social Safety Nets in Bangladesh] | This report looks at the overall structure of Social Security Net Plans in Bangladesh and their poverty impact at a macroeconomic level. The main objective of the study is to look into the overall impact of the existing safety net programs on poverty reduction in Bangladesh. The paper also looks into the impact of the existing safety net programs on reducing inequality. | Social Safety Nets In Bangladesh This report looks at the overall structure of Social Security Net Plans in Bangladesh and their poverty impact at a macroeconomic level. The main objective of the study is to look into the overall impact of the existing safety net programs on poverty reduction in Bangladesh. The paper also looks into the impact of the existing safety net programs on reducing inequality. Institute of Business Administration, University of Dhaka Table of Contents 1. Executive Summary i 2. Introduction 1 2.1. The Poverty Situation of Bangladesh 1 2.2. Social Safety Nets 1 3. Social Safety Nets of Bangladesh 2 3.1. Structure of Social Safety Nets 4 3.2. Trends in Social Safety Nets 7 4. Social Safety Nets and Poverty 9 4.1. Impact Assessment of Social Safety Nets on the Poverty of Bangladesh 9 4.2. Inequality Effect of Social Safety Nets 9 5. Conclusion 10 6. Recommendations 10 7. Bibliography 12 1. Executive Summary Social safety net is a measure taken by the government...
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... WHAT IS CSR? Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. CSR is generally understood as being the way through which a company achieves a balance of economic, environmental and social imperatives (“Triple-Bottom-Line- Approach”), while at the same time addressing the expectations of shareholders and stakeholders. In this sense it is important to draw a distinction between CSR, which can be a strategic business management concept, and charity, sponsorships or philanthropy. Even though the latter can also make a valuable contribution to poverty reduction, will directly enhance the reputation of a company and strengthen its brand, the concept of CSR clearly goes beyond that. Key CSR issues: environmental management, eco-efficiency, responsible sourcing, stakeholder engagement, labor standards and working conditions, employee and community relations, social equity, gender balance, human rights, good governance, and anti-corruption measures. A properly implemented CSR concept can bring along a variety of competitive advantages, such as enhanced access to capital and markets, increased sales and profits, operational cost savings, improved productivity and quality, efficient human resource base, improved brand image and reputation, enhanced customer loyalty, better decision making and risk management processes. ORIGIN OF CSR CONCEPT In...
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...Influence of National Culture and Other Forces on Management Control Practices of Bangladesh. Abstract This study attempts to examine the influence of national culture and other forces on management control practices of Bangladesh by applying Schneider and Barsoux 2003 culture/ control profiles and some other alternative theories. A triangulation of research methods are followed for this purpose. Evidence from telephone interviews, researcher’s personal experience and other empirical works are used to validate the ingredients of Schneider and Barsoux control profiles for Asian region and different alternative theories on management control practices of Bangladesh. Empirical works from other scholars also suggest that several forces like institutional pressure, ecopolitical conditions and history etc. are more influential than culture in directing the course of management control practices in Bangladesh. The major limitation of this study is its usage of limited data sets. The findings will be useful in understanding different forces that are shaping management control practices in a transitional economy, Bangladesh. 1 1.0 Introduction Previous researches (Hofstede 1991; Schneider and Barsoux, 2003) confirm that management control is practiced differently in different parts of the world and the development of national management practices is a function of its environmental factors. Although it is hoped that globalization, technological development and improved methods...
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...Executive Summary This report looks at the corporate social responsibility (CSR) efforts and activities undertaken by Grameenphone. CSR is becoming increasingly popular as well as necessary in Bangladesh as the country becomes more and more integrated into the global economy. The importance which organizations, particularly multinational companies, have given to social responsibility is pervading the Bangladesh economy. Grameenphone is one of the pioneers in this field, and it has made some noteworthy contributions to the development of the nation. This report examines some of these efforts and initiatives, including Grameenphone’s commitment to assisting Bangladesh achieve four of the eight the Millennium Development Goals, which are: • Poverty alleviation • Healthcare • Empowerment • Education This report also looks at Grameenphone’s CSR efforts in the areas of environmental awareness and responsibility in the workplace. In addition, it provides a brief overview of the company. Secondary data collection methods were used to collect the data for this report. It can be concluded that Grameenphone’s numerous CSR activities are sufficient and befitting an organization of its size, and its drive to continuously improve its activities is laudatory. Brief Overview of Grameenphone Grameenphone is a telecommunication organization which has been providing its services in Bangladesh since 1997. It is a joint venture enterprise between Norway’s telecommunication...
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...Trade Unions in the RMGs sector of Bangladesh: A Case Study Prepared By MD. Osman Dhali Roll – 51 Session 2009-10 B.B.A. 16th Batch Department of International Business Faculty of Business Studies University of Dhaka Supervised by Abu Hena Reza Hasan Professor Department of International Business Faculty of Business Studies University of Dhaka Date of Submission: 05/08/2014 Letter of Transmittal 05 August, 2014 To Department of International Business Faculty of Business Studies University of Dhaka Subject: Submission of ‘Trade Unions in the RMGs sector of Bangladesh: A Case Study’ Dear Sir/Madam, Here is the paper on ‘Trade Unions in the RMGs sector of Bangladesh: A Case Study’. This has been prepared as a part of B.B.A. program under University of Dhaka. I would be happy if you read the report carefully and I will be trying to answer all the questions that you have about the study. I have tried my level best to complete this study meaningfully and correctly as much as possible. If you need any clarification about any issue of this paper, I will be pleased to assist you. Sincerely, ----------------------------- MD. Osman Dhali Roll – 51 Session 2009-10 (B.B.A. 16th Batch) Department of International Business Faculty of Business Studies University of Dhaka Table of Contents Executive Summary 1 Chapter 1 3 1.0 Introduction 3 1.1 Introduction 4 1.2 Background of the study 4 1.3 Research Aim and Objectives 5 ...
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...the coastal areas of Bangladesh, and Equity and Justice Working Group Bangladesh (Equitybd) is an advocacy and campaign component of COAST Trust. We have strong advocacy and campaigning program on coastal livelihood development, climate change and environment. We are trying to provide technical and financial support to the coastal poor people to improve their livelihoods. COAST implements its entire advocacy program with Community Led Approach (CLP). Under its Social Justice section COAST works to develop People’s Organization or Community Based Organizations (CBO) with the participation or leadership of the poor themselves. The main aim of the social justice section is to ensure social justice, in other words empowerment for the coastal people. As one of the core division of COAST, Social Justice (SJ) division is aiming to build counter leadership from the poor at local level who has the capacity for demand mediation, ability to organize local issue-based movement, empowers to challenge any irregularity. SJ also act as catalyst for having public service and rights in between public agencies and people; strengthening local government institution; action and awareness on human rights issues; support to protect violence against women (VAW) and acid throwing; political reform; and enhance capacity of democratic institutions at local level. 2. Coastal Area of Bangladesh, Climate Change Issue And Fishermen Communities: Bangladesh is sloping gently from...
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