ISSN

2321-5763 (Online)
0976-495X (Print)


Author(s): Afroja Akter, Nasreen Sultana

Email(s): afrojaakter@easternuni.edu.bd , nasreensultana@easternuni.edu.bd

DOI: 10.5958/2321-5763.2016.00017.2   

Address: Afroja Akter1, Nasreen Sultana2
Afroja Akter1, Nasreen Sultana2 1Lecturer, Faculty of Business Administration, Eastern University, Dhaka
2Senior Lecturer, Faculty of Business Administration, Eastern University, Dhaka
*Corresponding Author

Published In:   Volume - 7,      Issue - 2,     Year - 2016


ABSTRACT:
Social business is a pioneering idea originated in Bangladesh. Creativity, entrepreneurship and the desire to make the world a better place- these are feelings may inspire to start a social business. This study is an endeavor to explore the rating of importance concerning financial and economic; environmental issues; social, legal and ethical issues of sustainability also challenges of social business in the selected enterprises. Fifteen social business enterprises operating in Bangladesh were selected for this study. The findings indicate that the significant financial and economic sustainability factors are strategic financial planning, profitability, productivity, accountability and transparency, cost saving, management efficiency and addition to investment etc. and the noteworthy environmental issues are waste management, maintaining ecological balance, emission of carbons etc. The foremost social, legal and ethical issues are building trust and image, product with reasonable price etc. that affect the sustainability of the social business though they are facing some constraints and challenges like lack of startup capital and working capital, lack of adequate loan provision, delay in loan processing, higher rate of interest etc. according to their opinion.


Cite this article:
Afroja Akter, Nasreen Sultana. Sustainability and challenges of social business operating in Bangladesh- Perception of employers and employees. Asian J. Management. 2016; 7(2): 115-126. doi: 10.5958/2321-5763.2016.00017.2


Recomonded Articles:

Author(s): Vinod N. Sayankar

DOI: 10.5958/2321-5763.2015.00006.2         Access: Open Access Read More

Author(s): Saritha Madipelli, Y. Chinappa

DOI:         Access: Open Access Read More

Author(s): M. Rifaya Meera, R. Padmaja, R. Mohammed Abubakkar Siddique

DOI: 10.5958/2321-5763.2017.00023.3         Access: Open Access Read More

Author(s): Shweta Rajput, Mayank Singhal, Shiv Kant Tiwari

DOI: 10.5958/2321-5763.2016.00015.9         Access: Open Access Read More

Author(s): Shilpa Jain, Nitya Khurana

DOI: 10.5958/2321-5763.2017.00001.4         Access: Open Access Read More

Author(s): Puja Khatri, Pragya Gupta

DOI: 10.5958/2321-5763.2017.00044.0         Access: Open Access Read More

Author(s): N. Rajendhiran, M. Kousalya Devi

DOI: 10.5958/2321-5763.2018.00014.8         Access: Open Access Read More

Author(s): Uttam Kumar Das, Jayakrushna Panda

DOI: 10.5958/2321-5763.2017.00149.4         Access: Open Access Read More

Asian Journal of Management (AJM) is an international, peer-reviewed journal, devoted to managerial sciences. The aim of AJM is to publish the relevant to applied management theory and practice...... Read more >>>

RNI: Not Available                     
DOI: 10.5958/2321-5763 


Recent Articles




Tags