HUMAN RESOURCE DISCLOSURE: A CASE STUDY ON LISTED BANKING COMPANIES IN BANGLADESH

Abstract

As human resources (HR) are considered a strategic capital and the success of an organization highly depends on skilled manpower, it is essential to investigate HR disclosure practices. A dearth of research on human resource disclosure motivates this study to evaluate the human resources disclosure practices in the Bangladeshi banking industry. Using content analysis, the disclosure data are collected from the annual reports of 30 listed banks on the Dhaka stock exchange (DSE). Among the sample, 40% of the banks disclose HR practices within the range of 50%-60%, indicating that the banking sector has a wide scope to improve its HR practices. The average HR disclosure practice in the banking industry in Bangladesh is 59.25%. Of which, the highest disclosure is recorded by the HR development 91.25%, while the lowest is in the health and safety, documented by only 19.45%. The highest HR practices are recorded by Prime bank limited while the lowest is performed by EXIM and Standard bank limited. Therefore, the study suggests the banks’ managers, regulatory bodies and academicians focus more on the HR disclosure issue to encourage and formulate relevant policies that might create a more favorable working environment for the HR.