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September 2018 (World Journal of Social Sciences)

September

2018

March 2019
June 2018
March 2018
September 2017
July 2016
September 2018 (World Journal of Social Sciences)

Total Articles - 13

Pages 1-12

Author: Muhammad Iqmal Hisham Kamaruddin, Rosnia Masruki and Mustafa Mohd Hanefah

There has been an increased public interest in waqf institution transparency and accountability. The public has continued to demand the best standard of services and greater transparency from waqf institutions. Recent cases of frauds and financial manipulations by the management of faith-based institutions in Malaysia have led to the demand of more accountability and transparency by the donors and the public. As such, this paper aims to examine in-depth on waqf management practices in waqf institutions in Malaysia. A focus group discussion, which involved three waqf managers and four waqf experts in Malaysia and thematic analysis, was conducted in this study. The paper discusses the findings of the current waqf management practices in Malaysia specifically on waqf governance, waqf application, waqf monitoring and waqf reporting practices. Based on the findings, several recommendations are made on how best practices in waqf management can be adopted in the future.

Pages 13-27

Author: Surajit Sarbabidya and Jannatun Nahar

Like many other countries of the world, growing population and migration from rural to urban areas have also created enormous challenges for habitation in Bangladesh. All these necessitated the emergence of the Real Estate Industry (REI) with opportunities and by translating these challenges into opportunities through its supply chain stakeholders. With this end in view, the current study aims to investigate the supply chain management system of the REI in Bangladesh. From the review of literature, the supply of land, building material, construction material, outsourcing, labor, finance, logistic support, design, safety & security and utility services have been found as essentials in maintaining an effective supply chain which later on have been adopted through a primary survey on the real estate industry of the country and are found significant.

Pages 28-41

Author: Md. Hafiz Iqbal

An effective health measure is a pre-requisite for minimizing the losses of lives of coastal people and also mitigates the health sufferings from the devastating effects of climate change. Universal Health Coverage (UHC) plays a vital role to tackle health problems with the full spectrum of services of good quality according to need and at an affordable cost to coastal people. This study explores the determinants of UHC and examines their effectiveness in the coastal society. To fulfill the research objective, the study followed a cluster sampling technique and carried out household interviews through questionnaire survey which covers the provision of coinsurance, Telemedicine, Medicare, social insurance, Medicaid, payment for UHC and capitation. The study used the gravity model to generate empirically supported assessment. Most of the determinants of UHC are statistically significant at convenient levels with expected sign. The findings of the study justify the relevant determinants of UHC and provide guideline to meet the target of good health and human well-being of SDGs.

Pages 42-53

Author: Md. Abdur Rashid

Various studies in the field of parental influence on children’s educational success have confirmed that the parental, familial and surrounding environment of a learner affects his overall educational success. In this connection, this study intends to look into whether there is any corresponding relation between the level of parental education and their children’s academic performance in second language. To achieve such objective, data have been collected from secondary level students who belong to various family backgrounds. The data analysis finds that parental education has a positive contribution to their children’s second language performance. On the contrary, parents’ lower education level has a negative impact on their children’s second language performance.

Pages 54-68

Author: Muntasir Murshed, FatemaTul Jannat and Sakib B. Amin

Globalization is referred to as a medium of the integration of national economies across the world whereby markets of different origins integrate and operate into a single market. Liberalization policies, particularly with respect to international trade, are believed to attribute to the globalization drives between nations. In addition, globalization has empirically been associated with the global energy market development which is a pre-requisite for development of economies across the globe. Therefore, the aim of this study is to empirically analyse the impacts of globalization on Bangladesh’s energy consumption. To the best of knowledge there is no previous study addressing the effects of globalization on energy consumption in the context of Bangladesh. The study encompasses relevant data for a period of 36 years ranging from 1980 to 2015. As part of the methodology, the data set was tested using Johansen Cointegration test, Granger Causality test and vector errorcorrection model approach. The results reveal that there are long run unidirectional causalities running from energy consumption and globalization to economic growth. However, no long run causal association was found to be running from globalization and energy consumption in Bangladesh. This could be because of the existence of price distortions in the energy market in Bangladesh whereby the economies to engaging in the globalization processes could not boost the per capita energy consumption in the country.

Pages 69-83

Author: Sakib B. Amin, Muntasir Murshed and Maayesha Tasneem Chowdhury

Following the abandonment of the Bretton Woods Agreement in 1973, the exchange rate has become an important macroeconomic variable that can be linked to the performances of multidimensional sectors within an economy. It has been empirically acknowledged that countries participating in rigorous bilateral and multilateral trade activities are often vulnerable to unanticipated exchange rate movements following which the economy as a whole could encounter adverse impacts. The focal point of this paper is to identify the causal associations between Nominal Exchange Rate (NER) of Bangladesh and its macro fundamentals using relevant annual time series data from 1980 to 2015. A multivariate linear log-log model is used in which NER is expressed as a function of Money Supply (MS), GDP, Domestic Interest Rate (INT) and Local Rate of Inflation (INF). As part of the methodology, Johansen Cointegration test is employed to identify the long run association between the variables considered in the model. In addition, the results from the Vector Error-Correction Model (VECM) approach and Granger Causality test provide the directions of causalities between NER and its determinants. The results reveal that GDP and INT are effective in influencing NER in the long run while MS and INF are found to be ineffective. Thus, in the long run, macroeconomic variables are partially effective in stimulating exchange rate movements in Bangladesh. However, in the short run monetary policy is totally ineffective in influencing NER movements.

Pages 84-93

Author: Suman Prosad Saha, Abul Khair Jyote and Toriqul Islam

In a retailing environment, the relationship between retailers and manufacturer is a two-way relationship with the focus on a mutually beneficial principle. Retailers are working as a medium for these firms to make sure that products are available for consumers in any corners of the country. As a result, a manufacturer can focus more on production, marketing, and supplementary strategies to achieve their objectives. A manufacturer needs to understand the significance of retailers in reaching its business goals. The manufacturer must find out the factors that can influence to build a long-term relationship with retailer and analyze those factors. It is believed that a company should keep its distributors satisfied; in turn, distributors will help a company to achieve its objectives. Moreover, in the traditional distribution channels, the relationships between retailers and manufacturers have yet to be explored in research in Bangladesh. This study aims to fill this gap. A descriptive research method was followed to conduct the research. A structured questionnaire was developed to collect data from the target population during the time period of July to September 2017. The findings suggest that proposed model is suitable to find out the components for a longlasting relationship between manufacturer and retailers. The results provide evidence to support the hypothesized relationship and useful information for firms to devise strategies to construct a long-term relationship with its retailers.

Pages 94-109

Author: Muntasir Murshed, Sakib B. Amin, and Meem Hasin Chadni

Developing countries across the globe have always shared the misfortune of being unable to finance their proposed government expenditures using their public revenues. As a result, a budget deficit is a common feature of all underdeveloped nations, to which Bangladesh is no exception. Conventional economic notion asserts that rising gap between government’s expenditure and revenue creates pressure to enhance money supply in the economy which in turn may trigger the domestic rate of inflation. In addition, monetary policy tools are also referred to be ineffective in controlling domestic inflation. Thus, the objective of the paper is to identify the causal relationships between Inflation, money supply and budget deficit in the context of Bangladesh incorporating relevant data from 1980 to 2014. Granger Causality test and Vector Error-Correction Model approach was used to identify the long-run and short-run causalities between the variables. The results coincide with the conventional economic conjecture as a unidirectional causality is found to be running from budget deficit to inflation in the short-run while no causality is found between money supply and inflation in both the short-run and the long-run.

Pages 110-121

Author: Evelyn Lim and Pender Noriega

Individuals diagnosed with autism are on the increase and therefore any assistance given to them to generate a better quality of life through employment will go a long ways in helping many. This conceptual paper reviewed the literature to evaluate some apparent problems associated with the hiring process and identify effective practices. Early intervention and training along with professional involvement were found to be advantageous in assisting individuals with autism as well as their families, caregivers, tax payers, organizations, and others who may also be involved in supporting the lives and wellbeing of this population.

Pages 122-137

Author: S G Sisira Dharmasri Jayasekara, K L Wasantha Perera and A Roshan Ajward

This conceptual paper discusses the impact of fair value accounting practices on financial performance of commercial banks in relation to the established banking theories i.e. Credit creation, fractional reserve and financial intermediation theory. These theories are discussed in view of historical cost accounting principles and fair valued accounting principles considering the financial performance during different stages of economic conditions. The analysis shows that fair value accounting practices in banks create reserves in economic booms improving financial performance and deteriorate created reserves in economic downturns causing financial crises. Enhanced financial performance in terms of unrealized gains improves the overall efficiency of banks in view of production approach of the financial intermediation theory. Therefore, it can be interpreted that external factors such as accounting, infrastructure, and technology can influence efficiency of the financial intermediation process. This is the first study to discuss the implications of fair value accounting on banking theory in view of performance of financial institutions and stability of financial system.

Pages 138-154

Author: Runita Marwah

Information skills and academic IT skills are imperative to higher education but ignored by most pre-degree preparatory General Foundation Programmes (GFPs) in Oman. Therefore, a need of introducing, designing and implementing such a module was identified pertaining to the requirements and the importance of the information skills in this Digital Era, where students rely mostly of electronic information resources for academic researches, assignments and acquiring knowledge. After the successful implementation of the module at one of the most prestigious academic organisation in Oman, a post implementation Action Research was conducted to determine the efficacy of the module and to establish the requirement of integrating information skills in the curriculum in order to equip students with the necessary academic information skills to cope up with the pace and demands of the present information age. The main objective was to focus on the importance of information literacy in higher education and assess the efficacy of the implemented module through an active post implementation action research with the intention of improving the quality of the programme delivered at institutional level and to present the recommendations supported by the research outcomes to Oman Academic Accreditation Authority for incorporating the projection in their prescribed standards for GFPs in Oman. This will be perceived and presented as an initiative towards the up gradation of nationwide academic standards in terms of current information skills requirements in Higher Education. The data (N=232) was collected through a carefully devised comprehensive questionnaire, keeping the identified research variables in mind and was further validated trough the reliability tests. Later, the data was carefully analysed and interpreted through suitable statistical analysis to establish the hypothesis and plan a better future projection for learners as well as for educators and education providers.

Pages 155-170

Author: Nadiul Islam and Sakib B. Amin

The substratum of any nation’s economy is energy. It constitutes crucial infrastructural inputs into the economic development process. Extensive research been conducted in the past, and all of them stated that energy is vital for the developing process. Bangladesh has been blessed with substantial amount of natural gas that helped the nation to make significant economic process for its vast population. However, the natural gas reserves are depleting, which will become a threat to the energy sector to keep up with the increasing demand. Various political, social and economic reasons haveforced us to realize the importance of finding an alternative energy resource such as coal and the purpose of this research is to find out whether coal-fired power plants, are feasible or not in context to the Bangladesh energy sector. To prove the feasibility of this research, various analysis of numerous research papers is scanned throughout the last 2 decades, to get a proper concept of the whole topic so that it can be applied for Bangladesh. Information regarding the cost and environmental effect from different part of the world has been gathered for this project. After studying various research papers, I was able to come to conclude that the whole research is, feasible and sustainable if conducted properly. The feasibility of this research paper will lead us to become less mono-fuel dependent and allow us toapproach towards the road of economic solvency.

Pages 171-187

Author: Alessandro Bigi, Michelle Bonera, and Elisabetta Corvi

Total Articles- 13

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