The Business Review - Special Issue Volume 5, Special Issue, 2016, ISSN 1996-3637
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rhe BUSInGSS Reuieur Journal of School of Business Volume 5, SPecial lssue,2016 UrtaRAUxrvERsrTY The Business Review - Special Issue Volume 5, Special Issue, 2016, ISSN 1996-3637 Chief Patron Patron Professor Dr. M Azizur Rahman Professor Dr. Eaysmin Ara Lekha Vice Chancellor, Uttara University Pro-Vice Chancellor, Uttara University Dhaka, Bangladesh Dhaka, Bangladesh International Advisory Board Dr. Luka Powanga Dr. Serajul Islam Bhuiyan Professor Professor & Head of the DePartment, School of Management, Regis University School of Liberal Arts Denver, Colaado, USA Auburn University Alabama, USA Dr. Prithvi Yadav Dr. Haripada Bhattacharjee Professor & Director Professor, Departrnent of Marketing Birla Institute of Management Technology University of Dhaka, Bangladesh Vhubaneswar, Udidha, India Dr. Anwar Hossain Dr. Raliqul Islam Professor of Business Management & Vice-Chancellor Professor, Northern University Department of Banking and Insurance Dhaka, Bangladesh University of Dhaka, Bangladesh Dr. Shaliqur Rahman Dr.Ezaz Ahmed Vice-President Head of Discipline, HRM Australian Academy of Business Leadership (AABL) Central Queensland University, Australia Australia Editorial Board Guest Editor: ProfessorDr. Ziaul Huq, University ofNebraska at Omaha, USA Dr. Nazrul Islam, Professor of Management and Dean, School of Business, Uttara University Chief Editor Dr. DNR Paul, Professor of Statistics, School of Business, Uttara University Member Dr. ASM Shahabuddin, Professor of Management, School of Business, Uttara University Member Dr. Sharmina Afrin, Associate Professor of Management, School of Business, Uttara University Member Dr. Zamanur Rahman, Associate Professor of Accounting, School of Business, Uttara University Member Mahamudul Hasan, Associate Professor of Marketing, School of Business, Uttara University Member Dr. Golam Morshed, Assistant Professor of Accounting, School of Business, Uttara University Member Mr. Suntu Kumar Ghosh, Assistant Professor of Marketing, School of Business, Uttara University Member Dr. Shamsul Arefin, Assistant Professor of Management, School 0f Business, Uttara University Executive Editor Correspondence 0f Business, Uttara Universlty' N'Z' center' Executive Editor, The Business Review, school Bangla<lish' Phone: 8932325' 8932541' House-5, Road-l2, S.;;;;-d;i:a, Dhaka-1230' B*aits,rrazr:[email protected],arreehn@gmail'com Copyright @ academic an-d research purposes with an any part thereofmay be reproducedfor The Journal and written permission ina i ,opy if tlte putiication sent to the editor. appropriate aclenowledgemrni All opinions' ,"priduction is commercial purposes' of the editor i, ,"qrirna *irn ii" int*ia for or" or"ill responsibility to the author(s)' The information, and dara pu,tiirt in the artiiles "a the views expressed in papers' editorial board does not bear any responsibility for Publisher:'TheBusinessReview'isabiannualjoumal'PublishedbySchoolofBusiness' Uttara Uniersi ty, Dhaka-1230, B angladesh pt on.r s8-02-8;$n25, 88-02-8932541, Fax: 88-02- 89I8047 Mail: b-review-uu@ Yahoo' com UU Mail: info@uttarauniversity'edu'bd Kamal Publication & Design: Mahamudul Hasan and Mustafa Printed at: Anika International Price: Tk. 300 (Bangladesh), USD 10 (Overseas) Editorial glad to publish its_special lssue of the The Editorial Board of The Business Review is Conference on Busi- journal. This issue covers the papers presented in 'International (ICBMESS 2016)' jointly orga- ness Management, Economics, and Slocial Sciences Institutions in South Asia nized by 'Association of Management Development -*d ,Globul Forum (AMDIiA)' , IJtrara University, Business and Management Agood number of papers were icnirag, held during 2l-23 December 2016 in Dhaka. review process' the Guest Editor - received for this special issue. After double-blind ProfessorDr.Zial|Huq,UniversityofNebraskaatomaha,USAcheckedand eight papers for publica- reviewed all the ,rrt-ittei papers again and finally selected tion in this special issue of the journal' important aspects of modem The papers published in this issue covered different such as,dividend announcement business management, economics and social sciences outbound..logistics in decision and share price, redesigning development project, glass ceiling issue of female making, risk taking t"iurril of professionut., tt " knowledge management, and employees, Shakespeare's business thoughts, strategic The frst paper titled, "Divi- e-recruitment systems and its impact on HR personnel. pricing: Evidence" written by Dr' Jeeten- dend Announcement and Share A Nepalese announcement in the Nepalese dra Dangol examines the abnormal returns of dividend after adjustment of exist- Stock Market using the market model of event methodology dividend announcements have a ing thin-trading proulem. This study revealed that the and it supported the semi-strong signaling effect on the N.pul... Stock Market (NSM) Development form of market effrciency. "Multivariate Analysis for Redesigning Matiur Rahman' This paper Project,' is the second paper written by Professor Dr. for re-designing social devel- aimed at demonstrating ilow statistical tools can be used entrepreneurs would help reshaping opment project and it flund that the aspirations of paper titled "Impact of outbound development projects in Bangladestr. ttre next Home Appliance Traders in Dhaka Logistics in purchase lecisioriof Small Electronic outcome of this research City,,was writtenbyMohammadNaveedAhmed. The major appliance marketers can use to is tire trader,s purchase decision equation that a home focus more to strengthen identif, the elements of outboundlogistics where they can wrote paper on "Risk Taking their logistics channel. Dr. Asoke una nt assocjates of Professionals"' The results Behavior in Relation to Motivation and Job satisfaction risk taking behavior' of tis study show that there are significant relationships among The study found that work motivatloo, urra loi satisfactlon of different professionals' have significant impact on educational qualifrcation, income, and gender difference is on "Glass Ceiling Factors' risk-taking behavior of the professionals. The next paper in Private Sector Enter- Job Satisfaction, and Job Switching of Female Employees and his associates' This study prises of Bangladesh" written by etaul Kader Nazmul relationship with the job found that the glass ceiling related factors have no significant several glass ceiling factors that satisfaction of the female'employees, but there are changing the existing jobs' have significant influen.", on employees' decisions of Another paper titled "shakespeare and His Business Concepts", written by Tasnim Amin and Professor Haspia Bashirullah, contains the background of personal success of the bard as a businessman that turned him into a prosperous and wealthy man' Not only this, the playnright presents a relevant business world in terms of leadership, decision making, conducting teamwork and ethics. It also identified that The Tempest depicted a symbolic presentation of workplace rivalry, The Merchant of Venicehigh- tlghtea contract enforcement, Measure for Measure, Julius Caesar and King Lear dealt with real life hazards due to comrption, manipulations and difficulties in law enforcement and A Midsummer Night's Dream inspected business transformation. Another paper titLed "Business Transformation through Strategic Knowledge Man- agement'; was written by Dr. Hemanth Kumar and Dr. Sentamilselvan' The study o.rt.o*. reveals that the effective business process leads to profits, whereas the strategy has to be linked properly with maintenance of knowledge-base in Database mar,a[Lmerrt of MIS, which is lacking in the majority of the firms in India' It is also opined in the paper that knowledge-base alone shall not lead to transformation or mere development-rather the workforce shall achieve it with effective and integrated management information system. The last paper titled "Impact of E-Recruiting System Implementation on HR Professionals' Attitude, Affective Commitment to .hung. ,rd Tr*or"r Intension: Applying the UTAUT Model" was written by Dr. Md. Shamsul Arefin and his associates. The findings of this study suggest that the implementation of E-Recruiting influences HR personnel's attitude towards using the ,yr1.* that further enhances their affective commitment to change. It also suggests that the positive attitudes toward the system guides HR personnel to be less intended to leave the organization through their high affective commitment to change' A1l the papers published in this special issue are very important in the present context of business management and economics and therefore, the findings of the studies can be highly useful to the policy makers of the businesses of this century. In conclusions, the Editorial Board sincerely recognizes the contribution of the reviewers of the papers published in this issue. The Board is especially thankful to Professor Dr. Ziail Huq, University of Nebraska at Omaha, USA for reviewing the submitted papers and selecting eight papers for this issue. The Board is also thankful to Professor Dr. M. Aziztt Rahman, and Professor Dr. Eayesmin Ara Lekha, Vice Chancellor and Pro Vice Chancellor of Uttara University respectively for their whole hearted support for publishing this special issue of the journal. Finally, the Board is thankful to the researchers who selected The Business Review for publishing their valuable research work. The Editorial Board is also thankful to Executive Editor Dr. Md. Shamsul Arefin for his relentless