Frontiers in Management Research

7

Authors: AHM Yeaseen Chowdhury, M Shahin Sarwar, and Md. Kaysher Hamid

The purpose of this study is to investigate the effects of corporate disclosure on share price movement of listed companies in Dhaka Stock Exchange (DSE) of Bangladesh. For this, 41 companies listed with DSE under different industries i.e. bank; cement and engineering; food, fuel and power; insurance; pharmaceuticals and chemicals; and textile, were studied for the period of 2016 and 2017. After calculating the immediate ten days average stock price of before and after dividend declaration day, this study has used paired samples t- test to find out the statistical mean difference of stock price for individual company and analysis of variance (ANOVA) test to find out the statistical significance of stock price movement across industry. After the analysis, this study has found no statistical valid effects of corporate disclosure on price movement for the selected listed companies in DSE. But, across the industry, this study has found statistically significant difference of price change between before and after corporate disclosure.

10

Authors: John Amankwaa, Krishna Govender

In the export trade, it is prudent to understand the customer and the customers’ perception of the quality of the corporate reputation of non-traditional export (NTE) firms will make the NTE firms competitive. Many countries have launched diversification programmes to promote the NTE commodities. In Ghana, there are over 383 different NTE products, while about 3 000 firms have registered with the Ghana Export Promotion Authority. In the past few years, however, some products from Ghana have faced a ban or threats of a ban from the European Union (the largest trading partner), as well as Ghana’s Ministry of Food and Agriculture, for exporting less quality products. Hence, NTE firms in Ghana are facing a challenge of maintaining a good reputation, particularly, from the customers’ perspective. In light of the above, this conceptual paper will draw from the extant literature on corporate reputation and propose a framework for building the corporate reputation for NTE firms in Ghana.

15

Authors: Abbas Sheer, Li Shouping

Space Weaponization and Militarization is a mounting legal issue to the world peace. Selfprotective in its first epochs, the practice of space for military drives has now become aggressive. The notion of militarized space has been changed by that of “weaponized” outer space. The international law in space only stringently forbids placing munitions of mass destruction into orbit. So it is imperative to make such stringent laws, which could easily prevent occurrence of conflicts and tension amongst subjects involving outer space and halt this growing threat of world weaponization. Different nations are trying to put weapons into space and are trying to destroy the beauty of space. The evolution in military possessions in the outer space, Ballistic Missile Defense (BMD) system, Antimissile Laser Weapons (AMW), antisatellite weapons, surveillance, and intelligence capabilities is a question mark for international community. This article provides a detailed overview of the emerging technologies will have serious implications. This paper focuses on the International community to realize the stringent international legislation to prevent the emerging apprehension regarding space weaponization and highlights defect in national and international legislation. The legislative authorities other than United Nations organizations are appropriate for some attendant concerns about military utilization, orbital debris, environmental protection and impact on space tourism have not been covered completely by treaties. It is intended that establishing a uniformity legislative assembly and space court with the enforcement competency at international level to settle disputes of international responsibilities. Thus, this paper suggests international cooperation development on space demilitarization and protection of citizenry of countries regardless the process of using local remedies at the national level. All this process makes more attention to ensure the protection and reassurance of the outer space in the large interest of humanity.