http://reposit.library.du.ac.bd:8080/xmlui/xmlui/handle/123456789/174 Tue, 07 Apr 2026 15:16:54 GMT 2026-04-07T15:16:54Z http://reposit.library.du.ac.bd:8080/xmlui/xmlui/handle/123456789/3058 BUDGET DEFICIT AND ECONOMIC GROWTH: A COMPARATIVE STUDY BETWEEN BANGLADESH AND SRI LANKA Jewel, Jafrul Shahriar Bangladesh and Sri Lanka are consistently facing budget deficit problems since independence. This study used secondary quantitative time series data of two different period datasets from 1982 to 2020 for Bangladesh and from 1990 to 2020 for Sri Lanka. All datasets are collected from the international monetary fund. This study explores the impact of budget deficits on the economic growth of Bangladesh and Sri Lanka, respectively. We select budget deficit as a percentage of the gross domestic product as the independent variable and economic growth rate as the dependent variables for both country analyses. Development and economic progress are difficult to define. Growth is more than just increased GDP or infrastructural development. Different schools of thinking explain story differently. In traditional political economy, growth rivals development. Neoclassical and Keynesians likewise emphasize growth for economic success. Marxists, radicals, and Neo-Marxists criticise capitalism progress. Later, Amartya Sen and others emphasised well-being, competence, and endowments. Economic growth is tied to fiscal policy. Macroeconomic analysis of growth is needed to examine the budget deficit and economic growth. The underpinning background theories of this study are Keynesian theory, Ricardian equivalence theory, Hirschman disequilibrium theory, Rostow’s growth stage model, and Dependence theory of economics. The study selects two models for two countries based on unit root test output. The study used summary statistics, correlation matrix, unit root test, lag selection criteria, autocorrelation test, heteroscedasticity test, etc. The applied model for Bangladesh data was the vector error correction model (VECM), and that for Sri Lanka was autoregressive distributed lag (ARDL). Statistical tools validated most of the statistical findings. Bangladesh's budget deficit hurts economic growth, whereas Sri Lanka's does not. Two datasets had different outcomes. Both results support Keynesian theory. This analysis determined Sri Lanka's budget deficit is positive and Bangladesh's is not a harbinger. This thesis submitted for the degree of Master of Philosophy. Tue, 05 Mar 2024 00:00:00 GMT http://reposit.library.du.ac.bd:8080/xmlui/xmlui/handle/123456789/3058 2024-03-05T00:00:00Z http://reposit.library.du.ac.bd:8080/xmlui/xmlui/handle/123456789/2923 A study into the Central Bank-Islamic Bank relationship in a partly Islamised Country Salam, Md. Abdus This thesis submitted for the degree of Master of Philosophy. Mon, 08 Jan 2024 00:00:00 GMT http://reposit.library.du.ac.bd:8080/xmlui/xmlui/handle/123456789/2923 2024-01-08T00:00:00Z http://reposit.library.du.ac.bd:8080/xmlui/xmlui/handle/123456789/2922 Agency relationships and capital structure of public limited companies: the cases of japan and Bangladesh Chowdhury, Abu Aftab Mahboob Uddin This thesis submitted for the degree of Master of Philosophy. Mon, 08 Jan 2024 00:00:00 GMT http://reposit.library.du.ac.bd:8080/xmlui/xmlui/handle/123456789/2922 2024-01-08T00:00:00Z http://reposit.library.du.ac.bd:8080/xmlui/xmlui/handle/123456789/2787 An Empirical Study of the Impact of Management Behaviour on Capital Structure: Evidence from Dhaka Stock Exchange Ltd Akter, Tanzida Capital Structure plays an important role in maximizing the value of a corporation. The determination of capital structure is a complex issue because diverse factors influence the capital structure of a corporation. Different theories have been developed under different theoretical assumptions and the determination of optimum capital structure is still an unresolved issue. An additional dimension of capital structure has evolved with the development of management behaviour on capital structure decision. Studies related to management behaviour on capital structure have been tested in developed countries using different methodologies. However, the study related to managerial influence on capital structure for developing countries is very small. With this background in mind, this study was undertaken to explore the determinants of capital structure focusing on managerial behaviour in the context of Bangladesh. The purpose of this study is to examine the impact of management behaviour on capital structure decisions in the context of Bangladesh. To find out the behavioural aspects of managers, three variables have been used i.e., overconfidence, optimism and risk aversion. Along with these behaviour-related variables, some demographic variables such as age, gender, tenure, educational level and work experience of managers were considered. Data were collected through a survey method using a structured questionnaire. The survey consists of 70 respondents from the listed companies of Dhaka Stock Exchange Limited. Moreover, other company related variables have been used as control variables. The relevant data were collected from the publicly available financial statements of these companies for the period 2016 to 2020. This study also attempted to focus on the existing theories of capital structure and previous studies to materialize the objective of the study. Feasible Generalized Least Squared Regression (FGLSR) was used to find out the impact of management behaviour on capital structure decisions of Bangladeshi firms. The study reveals that overconfidence, optimism and risk aversion do not have any significant influence on the capital structure of Bangladeshi firms. As for the parameter estimates, out of thirteen variables, six variables were found significant. These variables are age and gender of the manager and profitability, tangibility, size and type of the firm. Thus, these results provide empirical support for the theoretical relationship in determining the capital structure for Bangladeshi firms. It may be mentioned that this study for the first time tested and documented the relationship between management behaviour and the capital structure of Bangladeshi firms. This Thesis Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Philosophy (Finance). Wed, 15 Nov 2023 00:00:00 GMT http://reposit.library.du.ac.bd:8080/xmlui/xmlui/handle/123456789/2787 2023-11-15T00:00:00Z