Research
Role of Accounting Information in Strategic Decision Making in Manufacturing Industries in Bangladesh
Accounting information is a part and parcel of today’s life which is necessary to understand the accurate financial situation of the organization and used as the basis of making strategic decisions. Since strategic decisions have long-term effect on the business and therefore it is important to analyze accounting information for making long-term strategic decisions. The present study is an endeavor to evaluate the usage of accounting information by the decision makers in practices in strategic decision areas. Five strategic decision areas such as basic strategic decision, manufac-turing decision, human resource decision, long term invest-ment decision and marketing decision were considered for the study. The results of the study prove that there is significant relationship between accounting information and strategic decisions and strategic decisions in all the selected areas significantly depend on accounting information and it is also observed from the analysis of the opinion of the respondents that 44.44% of the respondents always use accounting information in making strategic decision in manufacturing industries in Bangladesh.
Environmental Disclosure Practices in Annual Report of the Listed Textile Industries in Bangladesh
The present study is a critical examination of the environmental disclosure practices and extent of disclosure of listed textile industries in Bangladesh. The study reveals that more than two-third (69%) of the sample companies addressed no environmental issues in their annual reports and on an average textile industries disclosed very poor information regarding environmental aspects where variation of disclosure among the industries is considerably high. The study recommends Government and other regulatory authorities taking necessary steps in compelling and motivating all textile companies in Bangladesh in addressing environmental issues in their annual report. Finally, the study expects playing important role in creating consciousness among the users and preparers in disclosing more environmental information in annual reports.
Development of Ethical Business: An Islamic Framework
Ethical business attempts to establish justice to all of its stakeholders by satisfying their ethical desires. But lack of ethical desires of the stakeholders is a major hindrance to developing an ethical business. In a larger-scale-enterprise, owner, management, and accountant play vital role in initiating, establishing, and ensuring ethical guidelines for all of its stakeholders. In the way to ethical business development, one or two of these three parties are not able to ensure justice independently rather needs a mutual cooperation
Quality of Disclosure of Islamic Banks in Bangladesh: Evidence from a Survey
Accounting and financial reports of the corporations are primarily prepared for the external users of the information and therefore such reports should be designed, in form and content, according to the needs of the external users. Hence the perceptions of the users of accounting information regarding various aspects of the reports are to be assessed frequently to improve the quality of accounting information of the public limited companies. The present study is an attempt to justify the qualitative characteristics of accounting infor-mation of Islamic banks in Bangladesh on the basis of the opinion of the users of that information; to test whether there is any significant difference in opinion of them in this regard and to identify whether there is any problem of quality in accounting information provided by Islamic banks in Bangladesh.
