Asian Journal of Management

Lamia Alam ¹, Muhammad Rehan Masoom ²

Affiliations
1 School of Business and Economics, United International University, UIU Bhaban, House# 80, Road No. 8/A (Old 15), Satmosjid Road, Dhanmondi, Dhaka 1209, BD
2 School of Business and Economics, United International University, UIU Bhaban, House# 80, Road No. 8/A (Old 15), Satmosjid Road, Dhanmondi, Dhaka 1209, BD

Abstract

Institutional investors are financial institutions that accept funds from third parties for investment in their own name and act on behalf of parties as such. They include commercial banks, Non-Banking Financial Institutions (NBFIs), insurance companies, merchant banks and broker houses, state-owned companies, asset-management companies, mutual funds and other manufacturing companies. Institutional investors are a major force in many capital markets. In case of Bangladesh, the capital market has been going through an image crisis after 2010 capital market crash. For that, institutional investors are still on the sideline due to lack of confidence. Nevertheless, for the sake of corporate governance of the overall capital market, engagement of institutional investors is crucial and much required. The aim of the study is to give a general overview of institutional investors as a next big thing in corporate governance and a theoretical review of Dhaka Stock Exchange (DSE). It is a study that has been conducted based on only Dhaka Stock Exchange (DSE) perspective. It has shed light on the major institutional investors of Dhaka Stock Exchange and it has been identified that private commercial banks are (PCBs) are the largest investor followed by other institutional investors. Under this study, several areas have been identified which needs reforms and improvement. At the end of it, along with the concluding remarks, few points as suggestions are proposed for the institutional investors of Bangladesh based on the findings.

Keywords

Institutional Investors, Financial Institutions, Commercial Banks, Non-Banking Financial Institutions (NBFIs), Dhaka Stock Exchange (DSE), Bangladesh.

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Mahpara Nodee ¹, Muhammad Rehan Masoom ²

Affiliations
1 School of Business & Economics, United International University, UIU Bhaban, House# 80, Road No. 8/A (Old 15), Satmosjid Road, Dhanmondi, Dhaka 1209, BD
2 School of Business & Economics, United International University, UIU Bhaban, House# 80, Road No. 8/A (Old 15), Satmosjid Road, Dhanmondi, Dhaka 1209, Bangladesh, BD

Abstract

Accounting studies have come to serve as a key position within the corporation of cutting-edge economies and societies. Nowadays, within the economic sector in addition to in the public region, organizational sports are established around price-benefit analyses, balanced scorecards, income facilities, discounted cash float analyses, trendy costing techniques, price added accounting, monetary risk calculations and plenty of other numerical varieties of organizational representation and monetary size. In opposition to the heritage of these traits, it is surprising how little interest accounting techniques have obtained in contemporary social thoughts. The objectives of this paper are manifold, starting off with the identification of the prevailing problems in the current research methodologies and practices of managerial accounting and explanation of their causes. Afterward, the interpretive or naturalistic paradigm of the managerial accounting research is discussed focusing on the areas where this view excels the preceding one.

Keywords

Managerial Accounting, Interpretive Paradigm, Naturalistic Paradigm, Cutting-Edge Economies, Contemporary Social Thoughts.

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