MANAGERIAL INSIGHTS FOR THE MANAGEMENT OF GREEN BONDS: CASE OF SAJIDA FOUNDATION IN BANGLADESH

Richard Sagor Mitra; Abhishek Mendiratta; Sujata Umesh Bolake

doi:10.17261/Pressacademia.2025.2005

MANAGERIAL INSIGHTS FOR THE MANAGEMENT OF GREEN BONDS: CASE OF SAJIDA FOUNDATION IN BANGLADESH

Abstract

Purpose - Green bonds have emerged as an innovative financial tool to combat climate change. Unlike normal bonds, the proceeds of green bonds can’t be used for any other purpose except for the purpose they are raised. In this paper, we explore practical managerial insights from the first-hand experience of a finance manager who was directly involved in the issuance of Bangladesh’s first-ever green bond. Methodology – An one-on-one in-depth interview was conducted with a key personnel who was directly involved in this whole process. A written permission was obtained from the organization to conduct this interview. Content analysis method was used for data analysis. Findings – It is identified that companies that are interested in raising funds through green bonds should make sure they have enough green projects to channel the funds, have proper documentation and smooth financial track record, offer competitive interest rates, put together a competitive team, have a well-reputed arranger and trustee, and set a strategic payment schedule and follow through. Conclusion - The findings of this paper are particularly insightful for finance managers of companies/organizations interested in working with green bonds. Besides, the governments with no green bonds in their economy can take inspiration and follow Bangladesh as an example that even developing economies can issue green bonds. Future research can be done to explore the challenges faced in managing green bonds.

Keywords

References

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Details

Primary Language

English

Subjects

Finance and Investment (Other)

Journal Section

Research Article

Authors

Richard Sagor Mitra This is me
0000-0001-5973-113X
India

Abhishek Mendiratta This is me
0009-0008-2536-0594
India

Sujata Umesh Bolake This is me
0009-0004-5887-9043
India

Publication Date

December 31, 2025

Submission Date

June 14, 2025

Acceptance Date

November 29, 2025

Published in Issue

Year 2025 Volume: 12 Number: 2

DOI

https://doi.org/10.17261/Pressacademia.2025.2005

IZ

https://izlik.org/JA85LZ44AD

Cite

RIS / Bibtex

APA

Mitra, R. S., Mendiratta, A., & Bolake, S. U. (2025). MANAGERIAL INSIGHTS FOR THE MANAGEMENT OF GREEN BONDS: CASE OF SAJIDA FOUNDATION IN BANGLADESH. Journal of Economics Finance and Accounting, 12(2), 119-132. https://doi.org/10.17261/Pressacademia.2025.2005

AMA

1.Mitra RS, Mendiratta A, Bolake SU. MANAGERIAL INSIGHTS FOR THE MANAGEMENT OF GREEN BONDS: CASE OF SAJIDA FOUNDATION IN BANGLADESH. JEFA. 2025;12(2):119-132. doi:10.17261/Pressacademia.2025.2005

Chicago

Mitra, Richard Sagor, Abhishek Mendiratta, and Sujata Umesh Bolake. 2025. “MANAGERIAL INSIGHTS FOR THE MANAGEMENT OF GREEN BONDS: CASE OF SAJIDA FOUNDATION IN BANGLADESH”. Journal of Economics Finance and Accounting 12 (2): 119-32. https://doi.org/10.17261/Pressacademia.2025.2005.

EndNote

Mitra RS, Mendiratta A, Bolake SU (December 1, 2025) MANAGERIAL INSIGHTS FOR THE MANAGEMENT OF GREEN BONDS: CASE OF SAJIDA FOUNDATION IN BANGLADESH. Journal of Economics Finance and Accounting 12 2 119–132.

IEEE

[1]R. S. Mitra, A. Mendiratta, and S. U. Bolake, “MANAGERIAL INSIGHTS FOR THE MANAGEMENT OF GREEN BONDS: CASE OF SAJIDA FOUNDATION IN BANGLADESH”, JEFA, vol. 12, no. 2, pp. 119–132, Dec. 2025, doi: 10.17261/Pressacademia.2025.2005.

ISNAD

Mitra, Richard Sagor - Mendiratta, Abhishek - Bolake, Sujata Umesh. “MANAGERIAL INSIGHTS FOR THE MANAGEMENT OF GREEN BONDS: CASE OF SAJIDA FOUNDATION IN BANGLADESH”. Journal of Economics Finance and Accounting 12/2 (December 1, 2025): 119-132. https://doi.org/10.17261/Pressacademia.2025.2005.

JAMA

1.Mitra RS, Mendiratta A, Bolake SU. MANAGERIAL INSIGHTS FOR THE MANAGEMENT OF GREEN BONDS: CASE OF SAJIDA FOUNDATION IN BANGLADESH. JEFA. 2025;12:119–132.

MLA

Mitra, Richard Sagor, et al. “MANAGERIAL INSIGHTS FOR THE MANAGEMENT OF GREEN BONDS: CASE OF SAJIDA FOUNDATION IN BANGLADESH”. Journal of Economics Finance and Accounting, vol. 12, no. 2, Dec. 2025, pp. 119-32, doi:10.17261/Pressacademia.2025.2005.

Vancouver

1.Richard Sagor Mitra, Abhishek Mendiratta, Sujata Umesh Bolake. MANAGERIAL INSIGHTS FOR THE MANAGEMENT OF GREEN BONDS: CASE OF SAJIDA FOUNDATION IN BANGLADESH. JEFA. 2025 Dec. 1;12(2):119-32. doi:10.17261/Pressacademia.2025.2005