Determinants of Cybercrime and its Impact on eCommerce Development in Bangladesh

Abstract

The research study aims to delve into the various external factors in the sociocultural and political domain of Bangladesh that encourage cybercrime. These factors play a major role in shaping the psyche and perspective of offenders. The paper applies the method of survey and systematic review. The survey is conducted using the method of stratified sampling for having the best idea about the trends and perspectives of the indigenous population of Bangladesh. The systematic review in context is conducted by application of the grounded theory approach of qualitative research method. Constant comparative method with the three levels of coding procedure is used for zeroing in on the theoretical perspective regarding the answers to the research questions of this study. The intricate process in context is used for identifying the reasons leading to acts of cybercrime. Moreover, the intertwined relationship between cybercrime and the domain of e-commerce in Bangladesh gets explored. The various ways in which the domain of ecommerce is exploited by the offenders for victimizing companies or consumers is scrutinized. The thesis explores the manner in which e-commerce is being detrimentally affected by the encompassing challenges. The findings and analysis lead to the identification of key ways in which the domain of e-commerce can thrive and flourish in Bangladesh. The aspects of management, trust, awareness, and technology are explored in detail. Apart from this, other factors that are associated with the performance of ecommerce companies are also scrutinized in the course of the study. The recommendations made in the study can pave the way for successful business management of e-commerce companies and stronger economy in Bangladesh.