Towards a Proactive Approach for Combating Financial Crimes in Bangladesh: Lessons from RCEP Strategies

Dec 3, 2025 | Journal Current Issues

@DHAKA UNIVERSITY JOURNAL OF MANAGEMENT
Volume 16, No. 1, January 2024 – December 2025
https://www.doi.org/10.57240/DUJM.V16N1A3
PP. 69-92, ISSN: 2221-2523
Towards a Proactive Approach for Combating Financial Crimes in
Bangladesh: Lessons from RCEP Strategies
Md. Rezaul Karim Shohag1
Qazi Moinuddin Mahmud, PhD2

Received on 10th Nov 2024, Accepted on 23th Feb 2025, Published on Abstract: Financial crimes like corruption and money laundering are a real threat to economic stability, governance and the trust necessary for a smooth financial environment. Their existence distorts market dynamics, debilitates business competitiveness, and dissuades foreign investment. The paper examines the proactive measures in combating financial crimes in Bangladesh based on the experience of the Regional Comprehensive Economic Partnership (RCEP) countries. This research utilizes deterrence theory for strict enforcement of regulations to prevent financial crimes and network theory for interconnected systems to combat transnational financial crimes. The findings demonstrate that, despite some initial hurdles such as divergent legal frameworks and meager cooperation, RCEP countries have come a long way toward addressing financial crimes. But member states have been able to detect and reduce financial criminal activities more effectively by providing enhanced regional cooperation and building specialized financial intelligence units. The study recommends that Bangladesh can learn from the same strategies to reinforce its financial crime prevention mechanisms.

Keywords: Anti-Money Laundering, Risk Based Compliance, Informal Financial
Channels, Cross-Border Cooperation, Artificial Intelligence.

Introduction:
Financial crimes directly lead to economic losses, disrupt financial and market dynamics (Iordache, 2024). For example, corruption and money laundering distort business decisions, augment risks for financial institutions and distort government policies (Mcdowell & Novis, 2001). Such activities erode trust needed for smooth financial operations, deteriorating the competitiveness of genuine businesses and the reputation of a country and discourages foreign investors (Akay Ünvan, 2020). Unchecked financial crimes can establish long term, negative feedback loops where increased crimes decrease economic stability and increase unemployment, inverse reiterating financial crimes (Araujo & Shikida, 2010). One of the core functions of regional and international financial institutions is to foster the harmonization of 1Assistant Professor, Department of Criminology, University of Dhaka 2Associate Professor, Department of Management, University of Dhaka

A Critical Review of Literature on Human Resource Information Systems in Developing Countries: Trends, Gaps, and Future Directions

Dec 3, 2025 | Journal Current Issues

@DHAKA UNIVERSITY JOURNAL OF MANAGEMENT
Volume 16, No. 1, January 2024 – December 2025
https://www.doi.org/10.57240/DUJM.V16N1A1
PP. 31-68, ISSN: 2221-2523
A Critical Review of Literature on Human Resource Information
Systems in Developing Countries: Trends, Gaps, and Future
Directions
Mohammad Abdul Jabber1

Received on 27th Feb 2025, Accepted on 6th Aug 2025, Published on Abstract: The increasing adoption of Human Resource Information Systems (HRIS) in organizations has significantly transformed HR functions worldwide. AlthoughHRIS research has been extensively conducted in developed countries,studies in developing economies remain limited and mostly unexplored. This review paper aims to identify the key trends, gaps, and future research directions by critically analyzing thepublished literatureon HRIS particularly in developing countries. Following the PRISMA 2020 guidelines, this study identified and analyzed 90 peer-reviewed studies published between 2007 and 2025 from the Scopus and Web of Science databases. The bibliometric analysis highlights an upward trend in HRIS research, with authors and sources databases. Thematic synthesis uncovers four primary research domains, first, HRIS adoption factors and challenges, second, HRIS impact on organizational efficiency, third, HRIS and employee behavioral predisposition, and fourth, HRIS improves HR functions. Moreover, HRISResearch in developing countries has mostly relied on cross-sectional surveys. Therefore, the review underscores the need for longitudinal and comparative studies, multi-level analyses, and exploration of the strategic roles of HRIS. Accordingly, This study contributes to the academic discourse by providing a structured synthesis of HRIS literature in developing countries and proposing a future research agenda to address existing knowledge gaps. Keywords: Human Resource Information Systems (HRIS), developing countries, HR technology, adoption challenges, organizational efficiency, bibliometric analysis.

1. Introduction
Recent trends in academia postulate that Human Resource Information Systems (HRIS) areindispensable tools for organizations to manage Human Resources (HR) due to the exponential increase in social, local, and global use of Information Systems (IS)(Kavanagh &

A Critical Review of Literature on Human Resource Information Systems in Developing Countries: Trends, Gaps, and Future Directions

Nov 25, 2025 | Journal Current Issues

© DHAKA UNIVERSITY JOURNAL OF MANAGEMENT

Vol. 16, No. 1, January 2024- December 2025

DOI:

Page No: 31-68, ISSN: 2221-2523

Mohammad Abdul Jabber1

Received on 27th Feb 2025, Accepted on 6th Aug 2025, Published on
Abstract: The increasing adoption of Human Resource Information Systems
(HRIS) in organizations has significantly transformed HR functions worldwide.
AlthoughHRIS research has been extensively conducted in developed
countries,studies in developing economies remain limited and mostly unexplored.
This review paper aims to identify the key trends, gaps, and future research
directions by critically analyzing thepublished literatureon HRIS particularly in
developing countries. Following the PRISMA 2020 guidelines, this study
identified and analyzed 90 peer-reviewed studies published between 2007 and
2025 from the Scopus and Web of Science databases. The bibliometric analysis
highlights an upward trend in HRIS research, with authors and sources
databases. Thematic synthesis uncovers four primary research domains, first,
HRIS adoption factors and challenges, second, HRIS impact on organizational
efficiency, third, HRIS and employee behavioral predisposition, and fourth, HRIS
improves HR functions. Moreover, HRISResearch in developing countries has
mostly relied on cross-sectional surveys. Therefore, the review underscores the
need for longitudinal and comparative studies, multi-level analyses, and
exploration of the strategic roles of HRIS. Accordingly, This study contributes to
the academic discourse by providing a structured synthesis of HRIS literature in
developing countries and proposing a future research agenda to address existing
knowledge gaps.
Keywords: Human Resource Information Systems (HRIS), developing countries,
HR technology, adoption challenges, organizational efficiency, bibliometric
analysis.
1. Introduction
Recent trends in academia postulate that Human Resource Information Systems (HRIS)
areindispensable tools for organizations to manage Human Resources (HR) due to the
exponential increase in social, local, and global use of Information Systems (IS)(Kavanagh &
1Associate Professor, Department of Management, University of Dhaka

Exploring the Technological Acceptance of Lean Manufacturing Systems in the RMG Sector of Bangladesh: The Role of Relative Advantage, Ease of Use, and Result Demonstrability

Nov 25, 2025 | Journal Current Issues

© DHAKA UNIVERSITY JOURNAL OF MANAGEMENT

Vol. 16, No. 1, January 2024- December 2025

https://www.doi.org/10.57240/DUJM.V16N1A1

Page No: 1-30, ISSN: 2221-2523

Exploring the Technological Acceptance of Lean Manufacturing
Systems in the RMG Sector of Bangladesh: The Role of Relative
Advantage, Ease of Use, and Result Demonstrability
Mohammad Thoufiqul Islam, PhD1
Md. Nazmus Sakib2

Received on 1st Jun 2025, Accepted on 15th Oct 2025, Published on
Abstract: The purpose of this study is to empirically explore the factors influencing the
adoption of Lean Manufacturing Systems (LMS) in the Ready-Made Garment (RMG)
sector of Bangladesh, focusing on the roles of Relative Advantage, Ease of Use, and
Result Demonstrability within the framework of the Technology Acceptance Model
(TAM).This study adopts a descriptive research design. A self-reported questionnaire has
been used to collect data from 212 managers, employees and decision-makers in the
RMG sector of Bangladesh. SmartPLS-SEM has been employed to analyze the data.The
results of the structural model indicate that Relative Advantage, Ease of Use, and Result
Demonstrability all positively influence the adoption of Lean Manufacturing Systems in
the RMG sector. Among these, Relative Advantage and Result Demonstrability had the
strongest effects. The study highlights the importance of showcasing observable results
and the relative benefits of LMS for greater acceptance within the sector.This study is
limited to the RMG sector in Bangladesh, and the findings may not be directly
generalizable to other industries or countries. Future research could extend the study to
other sectors or regions to corroborate the findings.The findings provide practical
insights for RMG firms and policymakers in Bangladesh. For successful LMS adoption, it
is crucial for firms to emphasize the advantages of LMS and the measurable outcomes of
lean practices. Policymakers could play a prominent role by incentivizing and conducting
training programs. These programs will popularize LMS adoption in the sector.
Keywords: Relative Advantage, Ease of Use, Result Demonstrability, Lean
Manufacturing Systems, Read-Made Garments
1.0 Introduction
For a very long time, the Ready-Made Garment (RMG) industry of Bangladesh has been a
foundation of the country’s economy. It is globally recognized as a key player in the garment
manufacturing sector. It is the second-largest exporter of RMG products in the whole world.
Bangladesh’s garment sector is very impactful in creating employment opportunities. It
1Professor, Department of Management, University of Dhaka
2Lecturer, Department of Management, University of Dhaka