Search results

1 – 10 of over 8000
Article
Publication date: 1 March 2010

6518

Abstract

Details

Journal of Public Budgeting, Accounting & Financial Management, vol. 22 no. 3
Type: Research Article
ISSN: 1096-3367

Article
Publication date: 28 July 2023

Vibhash Kumar, Ashima Verma and Arnav Kumar

The primary purpose of the present research is to assess the people's awareness level of End-of-Life Vehicle (ELV) management in India. The study proposes to estimate the…

Abstract

Purpose

The primary purpose of the present research is to assess the people's awareness level of End-of-Life Vehicle (ELV) management in India. The study proposes to estimate the projected annual demand for the new ELVs over 15 years from 2020–2035 and assess the growth rate in new annual ELVs.

Design/methodology/approach

Employing a mixed method study, the authors obtained secondary data from the annual reports from the Society of Indian Automobile Manufacturers (SIAM). In Study 1, the authors employed log-linear regression and compounded annual growth rate (CAGR) to compute the growth rates for these projections. After that, the authors collected the primary data of vehicle users (n = 920) using survey methodology, both open and closed-ended items completed the test battery (Study 2A and 2B). While open-ended items were analyzed qualitatively, the closed-ended items were analyzed quantitatively.

Findings

The estimation of annual ELV estimates and their cumulative figures over 15 years determined the market size in the future, outlining the importance of ELV management. The qualitative approach helped deduce the people's most prominent sentiments regarding decommissioning and the ELV management process. From the primary analysis, the authors concluded that people perceived the ELV management process positively; however, there are areas where the government's specific attention is warranted.

Originality/value

In this study, the authors have outlined how specific measures in ELV management can result in a sustainable circular economy. Additionally, the authors have designed a test battery to understand people's perception, which is first of its kind effort to understand what people think about ELV management. Studies globally considering people's perception of ELV can employ the test battery designed for this study. Additionally, countries that have ELV management in nascent stages can refer to India's experience with ELV management and the related people's perception.

Details

Management of Environmental Quality: An International Journal, vol. 34 no. 6
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 6 June 2008

Kar‐yiu Wong

This paper aims to examine the factors of growth of a developing country such as China. Because of the existence of domestic distortions, the traditional approach of using the…

1672

Abstract

Purpose

This paper aims to examine the factors of growth of a developing country such as China. Because of the existence of domestic distortions, the traditional approach of using the growth of gross domestic product (GDP) to represent economic growth of the economy is not appropriate. This paper seeks to estimate how a change in resource misallocation may affect the measured growth rate of GDP.

Design/methodology/approach

Using provincial data for four southern provinces of China for the years from 2000 to 2004, the paper considers two hypothetical cases, one in which labor allocation is fixed, and one in which labor allocation is assumed to be optimal both before and after growth. The growth factors for GDP in these two hypothetical cases are compared with the observed growth factors.

Findings

This paper argues that the growth rate of GDP has overestimated the growth rate of the economy in this period. It can thus be said that the degree of the distortion caused labor misallocation decreases over time in this period.

Research limitations/implications

Because of limitations of data, this study treats each province as one sector, producing one homogeneous product, although the same methodology can be applied to more than one sector in each province. Furthermore, the present work assumes constant external prices.

Practical implications

The present study shows the importance of removing distortions in the economy, and how an improvement in the efficiency may raise the GDP of the economy.

Originality/value

The methodology and approach introduced here are quite new and are useful in assessing the implications of distortions on production and welfare.

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. 1 no. 2
Type: Research Article
ISSN: 1754-4408

Keywords

Article
Publication date: 1 February 1985

MICHAEL DAVID BORDO

Growing dissatisfaction with the record of discretionary monetary policy in the United States in the past decade has led to interest in alternative monetary arrangements to…

Abstract

Growing dissatisfaction with the record of discretionary monetary policy in the United States in the past decade has led to interest in alternative monetary arrangements to restore price level and real output stability, and to allow the economy to grow to its potential, unfettered by macro instability. Several arrangements have come to the fore. These include: (1) a return to the classical gold standard—fixing the dollar price of gold and allowing the money supply to be governed by movements in the nation's monetary gold stock; (2) the Friedman (1960) rule—constraining the monetary authorities to establish and maintain a steady and known growth rate of the fiduciary money supply; (3) Irving Fisher's (1920) compensated dollar scheme—altering the official price of gold and hence the value of the monetary gold stock to stabilize some measure of the price level.

Details

Studies in Economics and Finance, vol. 9 no. 2
Type: Research Article
ISSN: 1086-7376

Article
Publication date: 1 April 2006

M.C. Meyer‐Pretorius and H.P. Wolmarans

The vast global unit trust/mutual fund industry was worth more than $16 trillion by the end of June 2005. Over time, investors’ interests seem to have shifted from individual…

Abstract

The vast global unit trust/mutual fund industry was worth more than $16 trillion by the end of June 2005. Over time, investors’ interests seem to have shifted from individual shares to share funds. The unit trust industry in South Africa is no exception. Over the 40‐year period from its inception in 1965 to 2005, the industry has grown from only one fund to 567 different funds, worth more than R345 billion. This study highlights some of the most important changes that have occurred in the South African unit trust industry over the last 40 years. These shifts are compared to changes that the USA mutual fund industry has experienced in the 60 years of its existence. An attempt is then made to answer the question whether South African investors are better off with these changes or not.

Details

Meditari Accountancy Research, vol. 14 no. 1
Type: Research Article
ISSN: 1022-2529

Keywords

Article
Publication date: 5 June 2017

Gorah Kassim Abdallah

Small businesses growth has become an important area of study in the field of entrepreneurship. This paper aims to extend the inquiry by investigating whether there is a…

Abstract

Purpose

Small businesses growth has become an important area of study in the field of entrepreneurship. This paper aims to extend the inquiry by investigating whether there is a significant difference in growth between firms from the formal sector and the informal sector in the least developing countries (LDCs), particularly Tanzania.

Design/methodology/approach

A survey strategy as well as non-probability sampling are used. The sampling included 50 formal and 61 informal small businesses from the furniture industry. Data collected were evaluated using chi square and compounded annual growth rate (CAGR) techniques.

Findings

The results indicate that firms from the formal sector do not grow faster than firms from the informal sector. on the contrary, our tests reveal that firms from the informal sector predominantly grow faster than firms from the formal sector.

Research limitations/implications

The study was conducted in Tanzania which is just one of the 48 LDCs in the world. Second, the literature that is used predominantly applies to developed countries. Third, the field work dependent on the respondent’s perception. Finally, change of measurement scale from five to three is ought to have contributed to mixed findings.

Practical implications

The overall implications are that external factors like inadequate regulatory tax systems may affect growth of formal small businesses and thus influence market opportunities for informal small businesses. Further, internal factors like inefficiencies of workers from formal enterprises may affect growth and therefore create more opportunities for informal enterprises.

Originality/value

Exploring differences between firms from the formal sector and the informal sector, and the way five scales were aggregated into three scales in the methodology.

Details

Journal of Entrepreneurship in Emerging Economies, vol. 9 no. 2
Type: Research Article
ISSN: 2053-4604

Keywords

Article
Publication date: 1 March 2010

Robert M. Purtell and James W. Fossett

Several US states are exploring selling or leasing lotteries to private operators to plug budget gaps and fund new priorities. Given the long-term implications, governors, budget…

Abstract

Several US states are exploring selling or leasing lotteries to private operators to plug budget gaps and fund new priorities. Given the long-term implications, governors, budget officials and legislators need a framework for analyzing lottery-sales' decisions. This paper presents such a framework and illustrates it by estimating likely privatization-proceeds and post-sale cash-flows for six states. Our findings are decidedly mixed. We found pricing expectations reasonable for three states and high for three others. However, even at expected pricing levels, sales or leases make, at best, short- to medium-term financial sense. That does not mean states cannot make use of financial markets and private-public partnerships. We offer structural and contracting options that provide a middle ground for policy makers as they consider increasing lottery proceeds or accelerating collections.

Details

Journal of Public Budgeting, Accounting & Financial Management, vol. 22 no. 3
Type: Research Article
ISSN: 1096-3367

Open Access
Article
Publication date: 30 November 2020

Madan Mohan Dutta

Health insurance is one of the major contributors of growth of general insurance industry in India. It alone accounts for around 29% of total general insurance premium income…

48520

Abstract

Purpose

Health insurance is one of the major contributors of growth of general insurance industry in India. It alone accounts for around 29% of total general insurance premium income earned in India. The growth of this sector is important from the perspective of overall growth of general insurance Industry. At the same time, problems in this sector are also many which are affecting its performance.

Design/methodology/approach

The paper provides an understanding on performance of health insurance sector in India. This study attempts to find out how much claims and commission and management expenses it has to incur to earn certain amount of premium. Methodology used for the study is regression analysis to establish relationship between dependent variable (Profit/Loss) and independent variable (Health Insurance Premium earned).

Findings

Findings of the study indicate that there is significant relationship between earned premium and underwriting loss. There has been increase of premium earnings which instead of increasing profit for the sector in fact has increased underwriting loss over the years. The earnings of the sector is growing at compounded annual growth rate of 27% still it is unable to earn underwriting profit.

Originality/value

This study is self-driven based on secondary data obtained from insurance regulatory and development authority site.

Details

Vilakshan - XIMB Journal of Management, vol. 17 no. 1/2
Type: Research Article
ISSN: 0973-1954

Keywords

Article
Publication date: 27 April 2018

Matti Vuorensyrjä

This study tracks changes in labor productivity of the Finnish police force over a period of thorough management reforms (2009-2014). Theoretically, the study is based on the cost…

Abstract

Purpose

This study tracks changes in labor productivity of the Finnish police force over a period of thorough management reforms (2009-2014). Theoretically, the study is based on the cost disease hypothesis. It was assumed that police management reforms have had no noticeable effect on labor productivity and that, therefore, the fact that both physical police facilities and frontline employees have been reduced during the reform years has been reflected on the output side: on the number of outputs, accessibility, and quality of police services. The paper aims to discuss this issue.

Design/methodology/approach

The study was conducted as a series of longitudinal function-specific output-input analyses (2000-2015). The project employed data from the Police Performance Management database, Police Citizen Surveys (PCSs, 1999-2016), and Police Personnel Surveys (1999-2015). Methodologically, it relied on two different compounded annual growth rate concepts, linear regressions and likelihood ratio analyses.

Findings

The rate of growth of labor productivity was unaffected by the management reform period. In fact, productivity may have declined during the reform process. Citizens’ evaluations of police services have slightly deteriorated over the management reform period.

Research limitations/implications

PCS data are based on quota sampling. The procedure contains random sampling elements but is not fully random. The earliest PCS data lack satisfactory population weights, which is why unweighted data had to be used in this study.

Originality/value

Longitudinal studies on police productivity and, relatedly, on the cost disease phenomenon are rare. Yet, the themata are potentially very significant for both citizens and policy makers.

Details

Policing: An International Journal, vol. 41 no. 6
Type: Research Article
ISSN: 1363-951X

Keywords

Article
Publication date: 1 September 2000

Richard Tonge, Povl Larsen and Martyn Roberts

IS spending by high‐growth medium‐sized enterprises is at a significantly lower level than that for other companies. However, there was no set pattern or correlation that…

1246

Abstract

IS spending by high‐growth medium‐sized enterprises is at a significantly lower level than that for other companies. However, there was no set pattern or correlation that identified relatively high IS investment with high growth or vice versa. The future forecast for IS investment favours a modest increase in the one to three years planning horizon. Although, given that these are high‐growth companies growing at rates in excess of 15 per cent per annum, the modest increase could represent a real reduction unless the price of technology reduces at a significant rate. The most notable evaluation criteria were “to facilitate change” and “formal financial investment”, but these were closely followed by “act of faith” or “gut feel” approaches. When asked to identify preferred project options, in the past the clear choice of most was medium risk and medium pay off. In the future the preferred options support medium risk and high pay off.

Details

Management Decision, vol. 38 no. 7
Type: Research Article
ISSN: 0025-1747

Keywords

1 – 10 of over 8000