Dynamics of Firm-Level Financial Inclusion: Empirical Evidence from an Emerging Economy

(2016) 27, JBFLP 47

Posted: 12 May 2016

See all articles by Sudipta Bose

Sudipta Bose

University of New South Wales (UNSW), UNSW Business School

Asit Bhattacharyya

University of Newcastle (Australia)

Shajul Islam

Stamford University Bangladesh

Date Written: Mar 10, 2016

Abstract

This article examines the financial inclusion disclosure practices of Bangladeshi banks from 2008 to 2013. The authors develop a financial inclusion index from the banking firm perspective to measure the level of financial inclusion disclosures in the annual reports and explore the potential determinants of such disclosures. The results demonstrate that the level of financial inclusion disclosures improved significantly after the central bank of Bangladesh released directive relating to financial inclusion. The results also indicate that the level of financial inclusion is positively influenced by banking firm size, growth opportunities, institutional investors, audit committee size and religion-based operations of the bank, whereas the percentage of female directors and firm age are negatively associated with the level of financial inclusion disclosures. The findings of this study should be of interest to managers, regulators and policy makers in countries that share similar financial systems.

Suggested Citation

Bose, Sudipta and Bhattacharyya, Asit and Islam, Shajul, Dynamics of Firm-Level Financial Inclusion: Empirical Evidence from an Emerging Economy (Mar 10, 2016). (2016) 27, JBFLP 47, Available at SSRN: https://ssrn.com/abstract=2777912

Sudipta Bose

University of New South Wales (UNSW), UNSW Business School ( email )

Sydney, New South Wales
Australia

Asit Bhattacharyya (Contact Author)

University of Newcastle (Australia) ( email )

University Drive
Callaghan, NSW 2308
Australia

Shajul Islam

Stamford University Bangladesh ( email )

744, Satmosjid Road
Dhaka, 1209
Bangladesh

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