Research Article
Determinants of Corporate Performance in Emerging Markets Evidence from the Dhaka Stock Exchange
Shakila Zerin Bony*
Issue:
Volume 15, Issue 4, August 2026
Pages:
83-88
Received:
4 June 2026
Accepted:
17 June 2026
Published:
11 July 2026
DOI:
10.11648/j.ijber.20261504.11
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Abstract: This study examines the determinants of corporate performance in an emerging market setting, focusing on firms listed on the Dhaka Stock Exchange (DSE) during the period 2020–2025. The research incorporates both traditional firm-specific factors and contemporary determinants, including corporate governance quality, environmental, social, and governance (ESG) practices, and macroeconomic stability. Using panel data collected from listed companies, the study employs Ordinary Least Squares (OLS) and Fixed Effects regression models to analyze the impact of selected variables on corporate performance, measured by Return on Assets (ROA). The empirical findings reveal that firm size, governance quality, and ownership structure significantly and positively influence corporate performance. Moreover, ESG practices contribute positively to firm profitability, with stronger effects observed over the long term. In contrast, macroeconomic variables, particularly inflation and interest rates, do not exhibit a significant direct effect on corporate performance. These findings suggest that internal organizational capabilities, effective governance mechanisms, and sustainable business practices play a more important role in enhancing firm performance than external economic conditions. The study contributes to the growing literature on corporate performance determinants in emerging markets by providing empirical evidence from Bangladesh. The findings offer practical implications for corporate managers, investors, and policymakers by emphasizing the importance of strong governance structures and sustainable business strategies in achieving long-term organizational success and improved financial performance.
Abstract: This study examines the determinants of corporate performance in an emerging market setting, focusing on firms listed on the Dhaka Stock Exchange (DSE) during the period 2020–2025. The research incorporates both traditional firm-specific factors and contemporary determinants, including corporate governance quality, environmental, social, and govern...
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Review Article
The Cost of Visibility: Facebook Engagement Behaviours, Data Breaches, and Student Influencer Livelihoods in Kenya
Issue:
Volume 15, Issue 4, August 2026
Pages:
89-95
Received:
17 May 2026
Accepted:
28 May 2026
Published:
27 July 2026
DOI:
10.11648/j.ijber.20261504.12
Downloads:
Views:
Abstract: University students are becoming active participants in the gig economy. They frequently utilize social media networks such as Facebook to obtain advertising revenue or brand sponsorships, thereby monetizing their accounts to generate additional income for survival on campus. The intensive engagement on these digital platforms exposes them to data breaches that can potentially collapse their online businesses. However, the relationship between online visibility and digital vulnerability remains ambiguous. To address this critical knowledge gap, this study examined the nexus of Facebook engagement behaviors, data breaches, and student influencer livelihoods in Kenya. Specifically, the investigation explored engagement intensity and breach frequency, the predictive power of behavioral risk factors, gender-based disparities in digital reach and risk, student risk-engagement profiles, and the ultimate livelihood impact of security breaches among student influencers. Anchored on Resource Dependence Theory (RDT), the study adopted a mixed-methods design, collecting data from 440 observations across 100 Facebook influencer pages alongside testimonials from five student influencers. Data was analyzed using quantitative and qualitative techniques. Findings revealed that Facebook engagement behaviors directly influence data breaches, averaging 1.57 breaches per week, with individuals in the high-engagement stratum experiencing seven times the breach frequency of their low-engagement counterparts. T-test analysis found no statistically significant gender differences in risk (p = .5313), suggesting that the economic necessity to scale reach overrides demographic disparities in risk-taking. Furthermore, logistic regression identified suspicious link clicks (x₁₀) as the dominant predictor, where each interaction increases breach odds by 11.7 times, explaining 56% of the variance in digital security outcomes (R2 = .5595). Qualitative evidence suggests association between data breaches and the survival of online businesses, which severely disrupts student livelihoods. The study recommends policies that support Business Account Recovery, digital livelihood insurance, and tiered security for high-reach creators. Theoretically, it suggests extending RDT by incorporating demographic parity.
Abstract: University students are becoming active participants in the gig economy. They frequently utilize social media networks such as Facebook to obtain advertising revenue or brand sponsorships, thereby monetizing their accounts to generate additional income for survival on campus. The intensive engagement on these digital platforms exposes them to data ...
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