Asian Finance & Banking Review https://www.cribfb.com/journal/index.php/asfbr en-US info.asfbr@cribfb.com (Managing Editor/Editor) info.asfbr@cribfb.com (Technical Support) Sat, 01 Jan 2022 00:00:00 +0000 OJS 3.1.1.4 http://blogs.law.harvard.edu/tech/rss 60 GENDER DIVERSITY ON BOARD AND ITS RELEVANCE TO FIRM PERFORMANCE: A STUDY ON PHARMACEUTICAL INDUSTRY OF BANGLADESH https://www.cribfb.com/journal/index.php/asfbr/article/view/1520 <p><em>The study tries to examine the relationship between gender diversity on the Board and firms' profitability in Bangladesh's Pharmaceutical industry. The study employs a panel data approach with all the Pharmaceutical companies listed under Dhaka Stock Exchanges. The sample period covers eight years from 2012-2019. To conduct the study, Return on Equity and Tobin's Q was taken as a proxy of accounting measure of profitability and market measure of profitability, respectively. The proportion of women on board structure was taken as a proxy for gender diversity. Some other variables: board size, firm age, leverage, and firm size, were incorporated to control the effect of these variables on profitability. The study reveals that gender diversity shows a positive but insignificant relationship with the firm's performance in terms of ROE. The R square of this model was 11.67%. In terms of Tobin's Q, gender diversity exhibited a significant positive relationship with firm performance. The R square of this model was 17%. This implies that the market ascribes a great value to the inclusion of women in board structure since it increases the board structure's independence and profitability.</em></p> <p><strong>JEL Classification Codes: </strong>C12, F65, L25.</p> Hossain Ahmmed Fahad, Imran Mahmud, Atkia Nabiha Rahman ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 https://www.cribfb.com/journal/index.php/asfbr/article/view/1520 Sat, 01 Jan 2022 14:47:31 +0000 IMPACT OF COVID-19 ON THE CAPITAL MANAGEMENT (IMPLEMENTATION AND COMPLIANCE OF THE BASEL-3 FRAMEWORK) OF THE BANKS IN BANGLADESH https://www.cribfb.com/journal/index.php/asfbr/article/view/1798 <p style="text-align: justify;"><em>The global economic condition has faced tremendous pressure due to the arrival of Covid-19. Covid-19 has affected the business and financial system severely and put extra pressure on banks in earnings, expenses, and operating efficiencies. Capital management has been a challenge for the banks in Bangladesh due to higher NPLs ratio, poor governance, and weakness in the quality of assets. The Covid situation has deepened manifold due to regulatory changes, fall in earnings, and asset quality with extra facilities being offered to the borrowers during the crisis period. This paper investigates the impact/s of Covid-19 on capital requirements, capital adequacy ratio, and capital management of banks in Bangladesh. The paper analyzes the effects of Covid-19 on key risk factors of the banking sector i.e. capital requirements and financial stability. The study is based on time series data comprising 62 banks operating in Bangladesh and a total of bank-year observations over the period 2012 to 2021. The empirical output of the paper unveils the degree of changes in capital adequacy of banks in the post-Covid situation. The paper also illustrates the impact of Covid-19 on CAR due to changes in performance indicators represented by different financial ratios- ROA, NIM &amp; ROE which have been affected negatively in the post-Covid situation due to the effects of regulatory changes during the Pandemic. Although Classification status was not changed due to regulatory relaxation, the expenses on provisions and others increased substantially and resulting in a fall in profits and affecting the CAR negatively. The findings also show that there exists interconnectivity between the performance indicators and capital management. </em></p> <p style="text-align: justify;"><strong>JEL Classification Codes: </strong>D24, G32, G21.</p> K. B. M. Rajibul Hasan, Gagan Pareek ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 https://www.cribfb.com/journal/index.php/asfbr/article/view/1798 Mon, 19 Sep 2022 00:00:00 +0000