Present Scenario of Small and Medium Enterprises (SMEs) in Bangladesh: An Evaluation
Keywords:Small and Medium Enterprises (SMEs), Employment, Industry, Contribution
SMEs all over the world have been playing a vital role in promoting economic development, structural change, hunger and poverty reduction, potential contribution to the overall industry, employment generation, achieving millennium development goals, eradication gender inequality and women empowerment. In economic development effort in Bangladesh, the SME sector plays an important role. SME sector employs 25% of the total labor force. SME sector requires lower energy supply, lower infrastructure facilities and this sector imposes less environmental risk. They contribute towards better utilization of local resources and skills that might otherwise remain unutilized. Our major objective is to identify the contribution of banks in the development of SME sector. We also try to find out the current status of banks in the development of SME sector. By preparing the report we gain depth knowledge about SME banking. SMEs are considered to be the seedbed for the development of entrepreneurial skills and innovation. Small capital requirement makes easy entry and exit possible and private sector entrepreneurial activities have many important spill over and positive externality effects.
Abdul Awal Mintoo, SMEs in Bangladesh,CACCI Journal, Vol.1, 2006.
Abedin MM, Ahmed AA and Neogy TK. 2012. Mechanism of Accountability and Auditing: Public Sector Scenarios of Bangladesh Journal of Business Studies, 4, 131-148.
Ahmed AA and Ahmad M. 2009. An Empirical Analysis of Performance Measurement of the Disclosure in Financial Reporting: A Study of Banking Sector in Bangladesh CIIT 2nd COMSATS International Business Research Conference. Lahore, Pakistan: COMSATS Institute if Information Technology.
Ahmed AA and Hossain MS. 2010. Audit Report Lag: A Study of the Bangladeshi Listed Companies ASA University Review, 4, 49-56.
Ahmed AA and Neogy TK. 2010. Forensic Accounting in Bangladesh: Emergence and Introduction Development Compilation, 3, 71-82.
Ahmed AA. 2009. Measurement and Analysis of the Extent of Timeliness in Corporate Annual Reports of Banking Sector in Bangladesh Development Compilation, 1, 45-56.
Ahmed AA. 2009. The Effect of Timeliness Regulation of Corporate Financial Reporting: Evidence from Banking Sector of Bangladesh Accounting and Management Information Systems, 8, 216 - 235.
Ahmed AA. 2015. Intellectual Capital as the Determinant of Voluntary Disclosure: A Study on Financial Sector of Bangladesh Asian Accounting & Auditing Advancement, 5, 51-59.
Ahmed AA. 2015. Relationship between Foreign Direct Investment and Company Taxation: Case of Bangladesh American Journal of Trade and Policy, 2, 125-129.
Al Amin, M. (2015). Workplace Safety: A Necessity or a Luxury in the Micro, Small and Medium Enterprises of Bangladesh?. American Journal Of Trade And Policy, 2(3), 135-142.
Alam, M. S. and M. A.Ullah. 2006. “SMEs in Bangladesh and Their Financing: An Analysis and Some Recommendations.” The Cost and Management, 34(3):57-72.
Alam, M.S. and Ullah, M.A. (2006). SMEs in Bangladesh and Their Financing: An Analysis and Some Reccomendations. The Cost and Management, Vol. 34, No.3. Vol. 4, No. 7 International Journal of Business and Management 132
Amit Bouri ,Mark Breij ,Magatte Diop ,Randall Kempner ,Bailey Klinger ,Keely Stevenson ,Report on Support to SMEs in Developing Countries through Financial Intermediaries, Dalberg,November, 2011
BB, Small and medium enterprise (SME) credit policies and programs published by Bangladesh Bank.
Begum R, Ahmed AA and Neogy TK. 2012. Management Decisions and Univariate Analysis: Effects on Corporate Governance in Bangladesh Journal of Business Studies, 3, 87-115.
Berman, J.A., Gordon, D.D. and Sussmann, G. (1997) ‘A study to determine the benefits small business firms derive from sophisticated planning versus less sophisticated types of planning’,Journal of Business and Economic Studies, 3(3): 1-11.
Bracker, J.S., Keats, B.W. and Pearson, J.N. (1988) ‘Planning and financial performance among small firms in a growth industry’, Strategic Management Journal, 9: 591-603.
Chowdhury, M., Azam, M., & Islam, S. (2015). Problems and Prospects of SME Financing in Bangladesh. Asian Business Review, 2(2), 51-58.
Dr Khondaker Golam Moazzem, Micro, Small and Medium Enterprises in Bangladesh: Are They Scaling Up?
GOB, “A national strategy for economic growth, poverty reduction and social development” economic relation division, Government of Bangladesh.
GOB, “Statistical Yearbook of Bangladesh”2010, 2011, 2012 Bangladesh Bureau of Statistics.
GOB, Economic review of Bangladesh Govt. in the fiscal year 2010-2011.
Hoassain, N. 1998. “Contribution to SME Development in Bangladesh.” Job Opportunities and Business Support (JOBS), Banani, Dhaka, p. 27.
Hossain, M. (2013). Leasing: An Alternative Financing Mechanism for SMEs. ABC Journal Of Advanced Research, 2(1), 66-82.
Iftikhar Hussain, Zeeshan Farooq and Waheed Akhtar, SMEs development and failure avoidance in developing countries through public private partnership. 1 February, 2012 African Journal of Business Management Vol. 6 (4), pp. 1581-1589, www.academicjournals.org/AJBM,ISSN 1993-8233 ©2012 Academic Journals
Khanom, T. (2015). Entrepreneurship Development by Small & Medium Enterprises in Sylhet: Problems and Prospects. American Journal Of Trade And Policy, 2(1), 79-88.
Kumar, D., Hossain, A., & Gope, M. (2015). Role of Micro Credit Program in Empowering Rural Women in Bangladesh: A Study on Grameen Bank Bangladesh Limited. Asian Business Review, 3(4), 114-120.
Moazzem K. 2006. “Meeting the Challenges in SME Development in Bangladesh: Special Reference to Government’s Budgetary Measures.” KATALYST, Dhaka: Bangladesh.
Quader MT, Neogy TK and Ahmed AA. 2010. Econometric Growth Rates Analysis of BASIC Bank Limited in Bangladesh: An Evaluation Development Compilation, 4, 48-60.
S. M. Akterujjaman, “Problems and Prospects of SMEs Loan Management”: A Study on Mercantile Bank Limited, Khulna Branch Volume– V, Issue– 02, July-December, 2010.
S. M. Nasrul Quadir and Dr. Mohammad Saleh Jahur, Determinants of Success and Failure of Entrepreneurs of SMEs in Bangladesh- An Explorative Study , European Journal of Business and Management, ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online)
Publishing your paper with ABC Journals means that the author or authors retain the copyright in the paper. This journal is granted an exclusive non commercial reuse license by the author(s), but the author(s) are able to put the paper onto a website, distribute it to colleagues, give it to students, use it in your thesis etc, so long as the use is not directed at commercial advantage or toward private monetary gain. The author(s) can reuse the figures and tables and other information contained in their paper published by ABC in future papers or work without having to ask anyone for permission, provided that the figures, tables or other information that is included in the new paper or work properly references the published paper as the source of the figures, tables or other information, and the new paper or work is not direct at private monetary gain or commercial advantage.
CC-BY-NC 4.0 International License
It provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge. This journal is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.This license lets others remix, tweak, and build upon your work non-commercially, and although their new works must also acknowledge & be non-commercial, they don’t have to license their derivative works on the same terms.
|| View License Deed || View Legal Code ||
ABC Journals Open Access articles are distributed under this Creative Commons Attribution-Noncommercial 4.0 International License (CC BY-NC). Articles can be read and shared for noncommercial purposes under the following conditions:
- BY: Attribution must be given to the original source (Attribution)
- NC: Works may not be used for commercial purposes (Noncommercial)
This journal uses the CC BY-NC to protect the author's work from misuse.