Purpose The purpose of this paper is to investigate the influence of intellectual capital (IC) on financial performance and, in turn, to provide insights into its impact on emerging economies. Design/methodology/approach Data were collected from 34 textile firms in Bangladesh between 2013 and 2017. The IC efficiency, through value-added intellectual coefficient (VAIC) model, and its impact on financial performance, through return on assets (ROA), return on equity and asset turnover (ATO), was examined using descriptive statistics and multiple regression techniques. The analysis is based on secondary data obtained from annual reports. Findings The results indicate the impact of VAIC components on financial performance and also demonstrate diverse relationships with changes in financial indicators. The VAIC components significantly influenced productivity outcomes, with tangible capital playing a major role in both productivity and profitability. Moreover, it was found that structural capital had a considerable effect on ATO and ROA with human capital indicating an insignificant impact on all financial performance indicators. Research limitations/implications The research outcome is specific to the textile industry in emerging economies. The study may guide future research on IC performance in textile firms and cross-industry comparisons. Practical implications Managers, firm owners and regulators need to align IC to performance management to sustain the competitive advantage in globalised competitive settings. Originality/value The study provides an empirical evidence and extends knowledge of IC utilisation for enhancing the financial performance of the textile firms in emerging economies.

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Purpose -This paper examines public sector accounting reforms, mainly the adoption and implementation of the Cash Basis International Public Sector Accounting Standard (IPSAS) in the central government of Bangladesh.Design/Methodology/Approach -Drawing on the ideas of new institutionalism, the paper investigates the factors which have forced the country to accept the Cash Basis IPSAS but have delayed its implementation in practice.Findings -Different approaches towards the Cash Basis IPSAS are now distinct in the central government of Bangladesh. Differences between Bangladesh and other emerging economies have been narrowed as the potency of institutional pressures has increased, and there is a risk, as experienced in other emerging economies, that the very adoption of the Cash Basis IPSAS may remain more a rhetoric than a reality in Bangladesh. The paper demonstrates that the extent to which professional accountants and their associations participate in reforms determines the public sector accounting reform trajectories in emerging economies.Practical implications -The paper demonstrates that reforms driven by indigenous administrators can have the potential of becoming more instrumental in emerging economies than the externally propagated reforms, such as IPSASs and accrual accounting. What is important is to advance incrementally those public sector accounting reforms that local administrators have identified as important, that they could cope with their existing knowledge and capacity, and that they are interested in engaging with the reform process.Originality/value -Firstly, the study has contributed to extending neo-institutional theory by bringing out the responses of different stakeholders responsible for implementing public sector accounting reforms, mainly the Cash Basis IPSAS, in practice. Next, the paper has raised a question as to whether the Cash Basis IPSAS could be an appropriate reform measure for the central government of Bangladesh.

The present study was undertaken to find out appropriate model using seven contemporary model selection criteria that could best describe the growth pattern of wheat production in Bangladesh and its three major areas like Dmajpur, Rajshahi, and Rangpur districts during the time periods 1971-72 to 2004-05. It appeared from the study that the best fitted model for wheat production in Bangladesh, Dinajpur, Rajshahi, and Rangpur were quadratic, linear, and cubic model. It means that the assumption of constant annual rate of growth in percent that lies behind the use of exponential/compound model which is very common in describing growth pattern was not true for the growth pattern of wheat production in Bangladesh. In Dinajpur District, linear model seemed to be appropriate. Five-years' forecasts of wheat production in Bangladesh, Dinajpur, Rajshahi, and Rangpur districts in the year 2005/06 were 1.55, 0.31, 0.24, and 0.37 million tons, respectively, with a 95 percent confidence interval. The analysis found that if the present growth rates continue then the wheat production in Bangladesh, and Dinajpur, Rajshahi, and Rangpur districts would be 1.54, 0.35, 0.31, and 0.59 million tons, respectively, in the year 2009/10.

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