The Millennium University Journal <p><em><strong>The Millennium University Journal</strong> </em>is a double blind peer reviewed international referred academic journal published by the university. TMU Journal was established in 2016.TMU Journal [ISSN: 2225-2533(P)] embraces not only the full range of subject coverage but also the increasingly wide range of approaches and perspectives that can be brought to bear upon the discipline. We welcome, therefore, both traditional and modern approaches to the field like:--</p> <p>Business</p> <p>Literature &amp; Linguistics</p> <p>Law</p> <p>Computer Science &amp; ICT</p> <p>From close critical readings of literary texts, to interdisciplinary approaches or cross-subject analysis.</p> THE MILLENNIUM UNIVERSITY en-US The Millennium University Journal 2225-2533 Impact of Rural Development Scheme of Islami Bank Bangladesh Limited (IBBL) Upon Economic Development of the Rural Poor of Bangladesh <p style="text-align: justify;">Bangladesh, the smallest but populous country in the South Asia region with 160 million people, More than 60% of its citizens live in the villages, and 50% of the total population depends on agriculture. Rural people also control more than 30% of the entire economy. Most of the village people are highly interested in cultivation and other production where needs physical effort, but they were suffering from the fund crisis that hinders the production of crops and the cultivation of fisheries and livestock. Due to the financial crisis, they involved their children in cultivating and farming instead of sending them to school. According to the necessity of financing to planting different aspects, they are collect petty cash as a short term loan from neighborhood moneylenders and other various NGOs at a high rate of interest. This orientation carries unlimited agonies to the country based business visionaries. The Trending Microfinance Institutions (MFIs) provides small loans among low salaries in Bangladesh with the end goal of lightening neediness and enabling poor people. Commercial business banks in Bangladesh are likewise connected to offer smaller-scale money related administrations. Islami Bank Bangladesh Limited, a private Islamic oriented bank, offered the Rural Development Scheme (RDS). This imaginative Islamic microfinance system answers the interest of the country Muslim poor in Bangladesh, who were forgotten about from ordinary smaller scale financing because of religious convictions. The RDS's key empowering agents are social condition, a helpful strategy condition, institutional and authoritative limit, and a devoted administration with the vision to scale up the RDS program in Bangladesh. In contrast to customary NGOs and microfinance organizations (MFI), Islamic MFIs lend advance cash in kind; the product's responsibility carefully lies with the store to the supplier until the client has wholly reimbursed the agent. The reason for this paper is to analyze the capability of Islamic Microfinance as an elective apparatus for destitution lightening. This RDS microfinance's analysis examined both economic and social effects and invested at a general end that this program remarkably affects the chosen financial parts of the customers. Data have been collected through questionnaires from the needy rural beneficiaries from selected three areas in Chittagong district named Boalkhali, Banskhali, and Baroyiarhat. The choice of selected these three areas is located in the surround of the section from three sides. So the outcome of this questionnaire gave an approximate picture of the district. Collected data have been analyzed using different statistical tools to get the results and suggest policy implications, if any.</p> Md Shahnur Azad Chowdhury A.B.M. Yasir Arafat Serajul Islam Sultana Akter K. M. Anwarul Islam Copyright (c) 2020 Md Shahnur Azad Chowdhury, A.B.M. Yasir Arafat, Serajul Islam, Sultana Akter, K. M. Anwarul Islam 2020-12-31 2020-12-31 5 1 1 14 Corporate Social Responsibility and Earnings Management in the Nigerian Listed Industrial Goods Companies <p style="text-align: justify;">There is continuous pressure on companies to be more responsible in their activities to the environment. Companies' engagement in socially responsible projects by companies demonstrates their concern for a society that goes beyond profit. This paper examined CSR and EM in the Nigerian listed industrial goods companies. The lack of studies in Nigeria motivates the researcher to bridge the gap. Secondary data for the period of 2009-2018 of the eleven (11) industrial goods companies listed on the floor of the stock exchange was utilized. A regression analysis technique was used to analyze the data. The finding reveals that EM has a significant and positive effect on the CSR of listed Nigerian industrial goods companies.&nbsp; The study recommends that stakeholders, especially investors, creditors, and shareholders in the Nigerian listed industrial goods companies should give attention to the CSR practices of those companies as management might use that to cover up their manipulative practice. This would help them get insights and pay attention while taking decisions to grants loans on the expected transparency of earnings reported by those companies and should also pay adequate attention to the implementation of CSR projects by companies operating in the sector since the existence of EM practice is confirmed in the sector. Regulators like SEC, NSE, CBN and FRCN and auditors in Nigeria should put appropriate and proper measures in place for adequate scrutinization, examination, and evaluation of those companies for the detection of EM practice and finally, Accounting Standards like GAAP that give free hands to management to decide on the method of accounting policies should come up with definite restrictive methods on some accounting policies to constrain EM.</p> Kabiru Isa Dandago Ibrahim Aliyu Gololo Copyright (c) 2020 Kabiru Isa Dandago, Ibrahim Aliyu Gololo 2020-12-31 2020-12-31 5 1 15 27