Tarik Hossain - Profile on Academia.edu (original) (raw)

Papers by Tarik Hossain

International journal of business, economics and management, Nov 28, 2022

The financial status of a company can be measured and predicted using a variety of tools, techniq... more The financial status of a company can be measured and predicted using a variety of tools, techniques, and models like ratio analysis, vertical and horizontal analysis, etc. The objective of this study is to identify the bankruptcy position of Bangladeshi-listed cement companies. The Altman Z-Score model has been used here to assess the intensity of insolvency of Bangladeshi cement businesses with listings on Dhaka Stock Exchange (DSE) considering financial information from 2018 to 2021 using Altman Z-Score model. The data has been analyzed using Statistical Package for Social Sciences (version 28.0.1.1) and also Microsoft excel. DSE currently lists seven (07) cement companies. According to the research, Heidelberg Cement Limited and Lafarge Holcim Bangladesh Limited are in the secure region having the maximum Z value of 33.47 and the minimum Z value is 3.17. Confidence Cement Limited, Meghna Cement Limited and Crown Cement Limited in 2021 are in the grey region having the maximum Z value of 2.71 and the minimum Z value of 1.82. Aramit Cement Limited, Crown Cement Limited, and Premier Cement Mills Limited are in the bankrupt region having the Z value of less than 1.80. These three companies must outperform in sales with the improvement in operational costs to overcome bankruptcy. We found a positive correlation between all of the five independent variables and the dependent variable (Z Score). Contribution/Originality: This study is one of the very few studies which have investigated the bankruptcy measurement of cement companies listed in DSE. This study contributes in the existing literature by examining the possibility of bankruptcy which will help investors to think about their current and future investments in cement companies of Bangladesh.

Journal of Asian Business Strategy, 2022

This study tries to determine the impact of Corporate Governance (CG) on the performance of Comme... more This study tries to determine the impact of Corporate Governance (CG) on the performance of Commercial Banks (CB) in Bangladesh. Data are collected from different banks listed under DSE for the period starting from 2015 to 2020. For analyzing the data and testing hypothesis Pearson’s correlation and OLS regression models are used to assess the relationship among the performance of the banks and CG related predictor variables like Board Size (BS), Board Independence (BI), Audit Committee (AC), Risk Management Committee (RMC), and some control variables like Firm Age (FA), Firm Size (FS) and Market Capitalization (MC). The regression analysis results showed a mixed result. The BS and BI are significantly affirmatively related with ROE and positively correlated with ROA. The BS is affirmatively related with Tobin’s Q, but BI is significantly negatively related. No significant positive connection is found between the AC, RMC and ROE, ROA. The RMC is significant affirmatively related wit...

This research aims to analyze the impact of efficient working capital management on the profitabi... more This research aims to analyze the impact of efficient working capital management on the profitability of the manufacturing firm in Bangladesh. Fifty-two manufacturing companies listed with Dhaka Stock Exchange (DSE) have been selected randomly from 2012 to 2017. Return on Assets (ROA) and Return on Equity (ROE) are used as indicators of profitability, while the inventory conversion period (ICP), the average collection period (ACP), the average payment period (APP), and the Cash Conversion Cycle (CCC) are used as the independent variables which are used as a measurement of working capital management of the firm. Ordinary Least Squares regression models and Pearson's Correlation are used to establish the relationship between working capital management and profitability. The results revealed a significant negative relation between ROA and CCC, ACP; a significant negative relationship exists between ROE and CCC, APP. Manufacturing companies can increase profitability by decreasing t...

The Value Relevance of Accounting Information and its Impact on Stock Prices: A Study on Listed Pharmaceutical Companies at Dhaka Stock Exchange of Bangladesh

Journal of Asian Business Strategy, 2021

Article History Received: 27 November 2020 Revised: 18 December 2020 Accepted: 6 January 2021 Pub... more Article History Received: 27 November 2020 Revised: 18 December 2020 Accepted: 6 January 2021 Published: 25 January 2021

The Impact of Covid-19 Pandemic on the Stock Market Performance: A Study on Dhaka Stock Exchange (DSE)

International Journal of Business, Economics and Management

Determinants of Profitability: A Study on Manufacturing Companies Listed on the Dhaka Stock Exchange

Asian Economic and Financial Review

Article History Received: 26 October 2020 Revised: 18 November 2020 Accepted: 11 December 2020 Pu... more Article History Received: 26 October 2020 Revised: 18 November 2020 Accepted: 11 December 2020 Published: 30 December 2020

The purpose of this research is to provide empirical evidence concerning value relevance of accou... more The purpose of this research is to provide empirical evidence concerning value relevance of accounting information such as Earning per Share (EPS), Net Assets Value Per Share (NAVPS), and Return On Equity (ROE) and Price Earnings Ratio (P/R) to Share Prices (SP) of manufacturing companies in Colombo Stock Exchange (CSE). Quantitative approaches were used in this study. For conducting this research, data were collected from secondary sources mainly from financial report of the selected companies, which were published by CSE in Sri Lanka. Findings of this research revealed that the value relevance of accounting information has the significant impact on share price and value relevance of accounting information is significantly correlated with share price