Background of the study: Integrated Financial Management Information Systems (IFMIS) can help improve public sector management by giving managers real-time financial data to make better decisions. The Bangladeshi Public Service is currently busy with the implementation of an IFMIS. However, implementing IFMIS such a project has proved to be a demanding undertaking and has not been met with resounding success. Objectives of the research: The research is primarily focused to identify the factors influencing the implementation of IFMIS in Bangladesh. Along aside, this paper assesses the influence of technical capacity of staff on implementation of IFMIS in Bangladesh’s public institutions and staff resistance on the deployment of IFMIS. Methodology of the research: The paper draws from two theories in investigating the issues of IFMIS adoption for public financial management. The theories include System Theory and Rodger’s Theory. A simple Random sampling technique is used to collect the information from targeted respondents with a structured questionnaire. Around 80 respondents were selectively targeted. Findings of the research: One of the Major findings of the study is that the governments have a strategic plan that recognizes political, administrative, and capacity limits that were found to be supported by respondents. The study indicates that the government has revised the wage structure to compete with the private sector and to prevent skilled employee turnover. Research shows that employees have the necessary skills and credentials to implement IFMIS. Furthermore, the study looked at how IFMIS deployment is affected by capacity and abilities. Contributions of the research: The results revealed a significant connection between capacity and skills and IFMIS deployment. However, it is found that the infrastructure is central concern for successful IFMIS implementation. Moreover, the government's interaction with the external consultants is seen to be indecisive. Finally, the study recommends that government should uphold the strategic plan that identifies all the constraints and should have detail plan for maintaining its education system's alignment with information technology.
Financial inclusion in its widest meaning refers to inexpensive access to an extensive variety of financial facilities. These include banking products, insurance, stock investments, and other financial services. Financial inclusion helps economic development by widening the financial system's resource base and encouraging rural residents to save. It also helps the rural economy grow. In this study, from 2011 to 2020, the connection between financial inclusion and economic development is examined. Financial inclusion is assessed by the number of Automated Teller Machines (ATMs) and the credit-deposit ratio (CDR), among other factors. Multiple regression analysis was used to analyze secondary data, along with other approaches. Before analysis, the data were checked for completeness and correctness. VIF and Durbin-Watson tests examined multicollinearity and autocorrelation in the data. The study's policy implications include that financial inclusion, in all of its forms, is determined to be one of the most important components of economic development. The study focuses that the government and other policymakers must strive to preserve and promote sustainable and inclusive growth, which may be achieved via the expansion of financial inclusion. Furthermore, the results provide support to the government of Bangladesh’s social banking initiatives, which are being carried out in order to promote financial inclusion. The research found that ATMs significantly boost the country's GDP. Nonetheless, the CDR has a little beneficial influence on the GDP.
This study looked at the readiness of investors to raise the post-COVID 19 year, using access to financial services as a consideration of their customer’s financial expectations in the future. Standard of living in the financial expectations of their customer. A random sampling modeling method and a survey-based research method were also used in this study. A sample of the research methodology was also used in this study. A total of 110 respondents from the insurance, financial, and banking and non -banking sectors in Bangladesh participated in the survey and provided responses. Hypotheses were tested using descriptive and inferential data, with a threshold of significance of 5 percent considered significant. There has been a significant link between Bangladesh’s socio-economic progress and the adoption of financial intermediation as a new norm in financial transactions, according to the findings. Public finance agencies and individuals are encouraged to create a conducive environment in developing financial technology as a driver of investment in Bangladesh’s rapid growth, it is expected.
Bangladeshi organizations consider employee training as an indispensable strategic tool for enhancing employee’s performance. Although training seems to be an expense, it is regarded as an investment. Every company is increasing the amount of the budget on training programs showing the reason that training brings the competitive edge. The study is focused on analyzing the tendency of increasing the training budget to know whether it is an investment or an evasion medium of tax in Bangladesh. A survey has been administered to find the degree of effectiveness of training programs, the utilization of budget on training, the cost-effectiveness of training programs and the possibility of training programs used as a tax evasion medium in Bangladesh. We have collected data through a semi-structured questionnaire from a sample of 200 employees working in 20 private organizations located in Dhaka city. We have observed from our survey that most of the time training programs held in different organizations in Bangladesh are not always effective. Trainees are not getting the most out of it. Contrary to the expectation, the analysis showed that the training budget is not sufficient. Although companies are increasing the amount of the training budget every year, it is not enough to give best results. And the budget is not utilized effectively in many cases. For this, many company’s performance in cost-effectiveness of training is not satisfactory. The formal evaluation method is not followed in every company, and the training programs are not improved always. Every organization doesn’t conduct cost and benefit analysis of training programs. The study has also found that training can be used as a tax evasion tool and in many organizations, it is somewhat being used. Training program opens up the opportunity to include false expenses which increases the total cost. The result of increased expense is a decrease in taxable profit. We have used mean, standard deviation, variance, percentage analysis, hypothesis testing, etc. for statistical analysis.
This study looks at how Facebook, Twitter, and Instagram have impacted the business interests of Bangladeshi college-aged women. The research methodology incorporates the technology acceptance paradigm and a model of technology adoption and usage. The survey was developed, checked for accuracy, and released to the public. According to the results, students' usage of social networking sites affects their confidence in their capacity to succeed and their desire to do so. These results have real-world and theoretical ramifications for policymakers and entrepreneurial education, such as using widely used yet cutting-edge communication and Internet tools to inspire young people to start their own businesses. In this analysis, we test the hypothesis that there is a connection between the time spent on social networking sites (SNS) and measures of confidence in, and desire for, starting one's own business. Over two hundred and fifty female students from Private Universities in Bangladesh participated in online questionnaires and correlation tests. More time spent on social networking sites is correlated with more serious business thinking and behavior. Students of all sexes and all ages use Facebook, but younger students and women in particular associate the platform with entrepreneurial aspirations and attitudes more strongly than their male counterparts. There is a greater understanding of the relationship between social media presence and entrepreneurship factors because to this research. The researchers sorted the interviewees' responses into four groups based on their findings: how often they used SNS, how much they felt supported by SNS, how secure they felt in their entrepreneurial conduct, and how ambitious they wanted to be as business owners’ Important motifs were also determined for each class. Institutions of higher learning may and should use social media to promote and educate aspiring business owners.
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