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1 – 10 of 106Mayank Parashar, Ritika Jaiswal and Manish Sharma
In the era of Industry 5.0, understanding the balance between environmental, social, and governance (ESG) and firm performance is crucial for mitigating climate change and…
Abstract
Purpose
In the era of Industry 5.0, understanding the balance between environmental, social, and governance (ESG) and firm performance is crucial for mitigating climate change and enhancing financial outcomes. This paper aims to analyze the effect of ESG disclosure on the financial performance (FP) of renewable and clean energy (RCE) companies, focusing on the combined ESG disclosure and individual E, S, and G disclosure scores.
Design/methodology/approach
The study analyzed a panel data sample from 2015–2021, covering 41 RCE companies. By applying the K-means++ clustering technique, the research also explored how firm-specific features influence the relationship between ESG disclosure and FP. The Bloomberg database and audited financial reports were used to gather the data for the study.
Findings
The findings indicate that increased ESG disclosure positively influences FP. Further, a significant positive relationship exists between FP and a company’s E and S disclosure. However, firm-specific characteristics significantly influence this relationship. Findings suggest that a company’s commitment to comprehensive ESG efforts enhances financial efficiency rather than increasing costs.
Originality/value
This study adds to the ESG-FP literature by emphasizing global RCE companies, a key player in sustainability. Further, to the best of the author’s knowledge, the study’s uniqueness is attributed to its application of a two-step approach, combining ESG-FP analysis with K-means++ clustering to account for firm-specific characteristics. It also uniquely examines the individual impact of E, S, and G disclosure on the FP of global RCE companies. The findings offer valuable insights for businesses and policymakers in developing strategies that improve profitability while addressing climate change risks.
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Rachna Jain, Amit Sharma, Manish Kumar Bhadu and Keshave Swarnkar
The aim of this study was to evaluate the corrosion inhibition efficiency of steel samples in different environments before and after the treatment with rust metamorphose (RM)…
Abstract
Purpose
The aim of this study was to evaluate the corrosion inhibition efficiency of steel samples in different environments before and after the treatment with rust metamorphose (RM), which is formulated in this research study and shows excellent adherence over the rusted surface of substrate because of the presence of the P-O-Fe bond.
Design/methodology/approach
An RM solution (phosphorylated polyphenol) was synthesised and characterised using Fourier transform infrared spectroscopy (FT-IR), and then the degree of protection offered by it to steel surfaces with and without the treatment with the RM solution in different atmospheres was evaluated;. Before and after treating with the RM solution, the corroded steel samples were characterised using X-ray diffraction (XRD), FT-IR, scanning electron microscopy (SEM) and energy dispersive spectroscopy (EDS). The study of the passive behaviours of the corroded steel samples and RM-treated steel samples was done in different simulated atmospheres.
Findings
This RM solution is phosphorylated polyphenol solution (proved by FT-IR), which acts as a corrosion inhibitor on corroded steel surfaces because of the formation of a passive and symmetric adherent layer of phosphorylated polyphenol–iron complex (confirmed by FT-IR, XRD, EDS, SEM and adhesion X test). The significant improvement in corrosion resistance in splash conditions of 3.5 per cent NaCl, tap water and 1.5 per cent Na2SO4 was found with the treatment of phosphorylated polyphenol-based RM.
Originality/value
The development of RM and its characterisation with performance evaluation in different atmospheres is a novel approach in this research.
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The case is positioned in the domain of building, managing and communicating corporate reputation. It discusses the entry of Lenovo in the Indian market where the company faced…
Abstract
Subject area
The case is positioned in the domain of building, managing and communicating corporate reputation. It discusses the entry of Lenovo in the Indian market where the company faced reputational challenges. Definition of a corporate reputation strategy which was aligned to the overall strategy of the company, helped Lenovo traverse difficult terrains. The case would be relevant for courses on corporate reputation, communication and strategy.
Study level/applicability
The case is targeted at MBA students, corporate and PR professionals. The case can be used for MBA courses or management development programmes on corporate reputation, communication, and strategy.
Case overview
The case brings out key elements of entry into an emerging market flooded with international, well-positioned players and discusses the entry of Lenovo in the Indian market where the problem was compounded by perceptions of Chinese origin. How does Lenovo bring about a turnaround in positioning, building, communicating and managing reputation, how does it steer stakeholder opinion in its favour? Will Lenovo India be able to replicate the success model in China? The case presents the challenges and discusses the strategies adopted by Amar Babu, MD Lenovo to bring about a change in the existing perceptions of stakeholders.
Expected learning outcomes
To discuss strategies for building corporate reputation.
To critically examine and analyze the strategies adopted by Lenovo India to build reputation and gain market share.
To analyse links between strategy generation and reputation management.
Supplementary materials
Teaching notes are available, please consult your librarian to access these.
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Emerging markets – marketing and business strategy; social entrepreneurship; opportunity identification; frugal innovation.
Abstract
Subject area
Emerging markets – marketing and business strategy; social entrepreneurship; opportunity identification; frugal innovation.
Study level/applicability
MBA; marketing management; specialis ed courses such as entrepreneurship and international marketing. Data rich case, but analytical difficulty is only moderate.
Case overview
Reboot Systems was conceived as a reverse engineering/refurbishing company for used computers when Rahul Chowdhury and Subbarao came in contact with Anand Tater who had started a small business in the used computer market. The team recognised the potential of the refurbished computer market in India, which was largely unorganised with penetration of personal computers pegged at less than 5 per cent. They identified the opportunity to address the digital divide, caused by lack of affordability and accessibility, by providing inexpensive “as good as new” used computers to those who aspired to own a computer. Additionally, in extending the life of used computers on a large-scale through “frugal innovation”, they hoped to reduce the extent of e-waste generated in the economy. This case provides a rich description of an emerging market characterised by market heterogeneity, social-political governance with poor policy measures, unorganised markets, chronic shortage of resources and inadequate infrastructure. Entrepreneurs hoping to address social issues must tackle these problems at the grass-root level and come up with improvised solutions that address the unique needs of the heterogeneous and resource constrained market. Some of Reboot Systems pressing challenges were in building a viable strategic approach to the market and ensuring scalability in a sustainable way.
Expected learning outcomes
An understanding of the characteristics of an emerging market from a macro (environmental) as well as micro (industry specific) perspective, an appreciation of opportunity identification and improvisation in emerging markets as well as differentiating “frugal” innovation from the idea of “Jugaad”, an understanding of the role of strategic vision and mission in accomplishing social and business objectives, an understanding of how to develop sustainability and competitive advantage from a social as well as business perspective.
Supplementary materials
Teaching notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes.
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Kedar Bhatt and Abhinava S. Singh
After studying this case, the students/participants would be able to: discuss important personality traits of an entrepreneur; understand specific challenges faced by a venture as…
Abstract
Learning outcomes
After studying this case, the students/participants would be able to: discuss important personality traits of an entrepreneur; understand specific challenges faced by a venture as it moves toward higher growth stage; discuss the importance of strategic planning and managerial style as the ventures move from establishment stage to growth stage.
Case overview/synopsis
The case is about MotivPrints, a two years old venture, offering custom designing and commercial printing to businesses in Gujarat, India. MotivPrints was established by Himanshu Dhadnekar in 2016 and had 85 SME clients and 35 vendors by 2019. Himanshu, a young entrepreneur had been involved in entrepreneurial activities since his school days and was also involved in a couple of business ventures during his MBA. However, he had been flip-flopping as an employee and entrepreneur, as then. At MotivPrints, he handled key responsibilities of developing client networks, generating business, marketing and managing relationship with vendors. With limited support of a team of freelancer associates, no permanent staff for assistance and lack of funds made it imperative for Himanshu to plan for scaling up his venture for survival and growth. Could he envision MotivPrints as a larger entity? If yes, what changes, mandated by growth, were needed to be made in both – the entrepreneur and the organization?
Complexity academic level
The case can be discussed in the class of entrepreneurship at the master’s level. It can also be used in the entrepreneurship specialization course in the second year of post-graduation. The case can be also be used for young entrepreneurs in an executive development program focusing on new ventures.
Supplementary materials
Teaching notes are available for educators only.
Subject code
CSS: 3 Entrepreneurship.
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Ramya Singh, Archana Sharma, Nimit Gupta, Manish Mishra and Rohit Kushwaha
The rapid growth of the gig economy has reshaped the labor market and provided flexible work opportunities but also exposed gig workers to challenges such as job insecurity…
Abstract
Purpose
The rapid growth of the gig economy has reshaped the labor market and provided flexible work opportunities but also exposed gig workers to challenges such as job insecurity, anxiety and mental health concerns. For women gig workers, these challenges are often more pronounced due to the precarious nature of gig work and the lack of social protections.
Design/methodology/approach
A cross-sectional survey was conducted with 603 women gig workers across various sectors in India’s major metro cities. The survey used a combination of Likert scale and structured questionnaire to assess anxiety, mental health, job insecurity, workplace challenges and overall well-being, with reliability tests confirming internal consistency.
Findings
Descriptive statistics revealed moderate levels of anxiety, job insecurity and workplace challenges, with most respondents reporting relatively positive perceptions of well-being. Reliability analysis indicated satisfactory internal consistency across the survey constructs, with Cronbach’s alpha values ranging from 0.774 to 0.789. Hypothesis testing showed significant negative correlations between anxiety, job insecurity, workplace challenges and well-being, indicating that higher levels of these stressors are associated with lower well-being. The findings emphasize the need for targeted interventions and policy enhancements to improve the working conditions and support systems for women gig workers.
Research limitations/implications
The study highlights the need for tailored policies and interventions to address the unique challenges faced by women gig workers. Enhancing social protections, providing mental health support and ensuring safer working conditions could help improve their overall well-being.
Originality/value
This study adds to the limited literature on women gig workers in India by examining the specific factors influencing their well-being. It offers new insights into the intersection of gender and gig work, emphasizing the need for policy frameworks that better support this vulnerable workforce.
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Manu Sharma, Manish Gupta and Sudhanshu Joshi
The purpose of the study is twofold. The first objective is to identify adoption barriers (AdoBs) in engaging young consumers in the Omni-channel retailing (OCR). The second…
Abstract
Purpose
The purpose of the study is twofold. The first objective is to identify adoption barriers (AdoBs) in engaging young consumers in the Omni-channel retailing (OCR). The second objective is to develop interrelationship among identified AdoBs.
Design/methodology/approach
The study used interpretative structural modeling–fuzzy ( Matriced’ Impacts Croisés Multiplication Appliquée a UN Classement) methods on 18 AdoBs identified from the existing literature and validated from 10 experts and 137 young consumers through pairwise comparison using the arithmetic hierarchical process method. The resulting ten barriers were further investigated for identifying the strength of relationships among them.
Findings
The study has identified price inconsistency as the dominant AdoB that restricts young consumers in engaging with OCR. The other critical AdoBs include lack of coordination among the channels, and information sharing and inconsistent price discount are the main barriers that affect all the other barriers among the 10 AdoBs identified in this study. The data also revealed that the young consumers exhibit the research-online purchase-offline effect in the purchase process.
Research limitations/implications
The research study has undertaken ten barriers only. The interrelationship among the barriers may be tested further with advanced techniques. The data have been collected from young consumers of emerging markets only which may be further extended for other markets.
Practical implications
This study helps practitioners and decision-makers understand about AdoBs faced by the young consumers influencing the purchase-intention process. Retailers or marketers are encouraged to focus on price consistency, advanced shared information system, proper coordination and developing trust of consumers in sharing their data to enhance the acceptability of Omni channels. Moreover, the identification of barriers and their strength offer marketers or retailers an opportunity to engage them in an effective manner and thus create value using communication channels.
Social implications
Social benefits of understanding barriers are helpful for transforming the existing retail channel into a fully integrated Omni-channel ecosystem. For this, AdoBs identified and their inter-relationships explored in this study could be used for engaging young consumers in OCR.
Originality/value
To date, the research on Omni-channel barriers in the present context is scant. The research provides insides on identified dimensions on young consumer engagement in OCR.
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Manish Mohan Baral, Rajesh Kumar Singh and Yiğit Kazançoğlu
Nowadays, many firms are finding ways to enhance the survivability of sustainable supply chains (SUSSCs). The present study aims to develop a model for the SUSSCs of small and…
Abstract
Purpose
Nowadays, many firms are finding ways to enhance the survivability of sustainable supply chains (SUSSCs). The present study aims to develop a model for the SUSSCs of small and medium enterprises (SMEs) during the COVID-19 pandemic.
Design/methodology/approach
With the help of exhaustive literature review, constructs and items are identified to collect the responses from different SMEs. A total of 278 complete responses are received and 6 hypotheses are developed. Hypotheses testing have been done using structural equation modeling (SEM).
Findings
Major constructs identified for the study are supply chain (SC) performance measurement under uncertainty (SPMU), supply chain cooperation (SCCO), supply chain positioning (SCP), supply chain administration (SCA), supply chain feasibility (SCF) and the SUSSCs. From statistical analysis of the data collected, it can be concluded that the considered latent variables contribute significantly towardsthe model fit.
Research limitations/implications
The present study contributes to the existing literature on disruptions and survivability. The study can be further carried out in context to different countries and sectors to generalize the findings.
Practical implications
The research findings will be fruitful for SMEs and other organizations in developing strategies to improve survivability during uncertain business environments.
Originality/value
The study has developed a model that shows that the identified latent variables and their indicators contribute significantly toward the dependent variable, i.e. survivability. It contributes significantly in bridging the research gaps existing in context to the survivability of SMEs.
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Subhodeep Mukherjee, Manish Mohan Baral, Rajesh Kumar Singh, Venkataiah Chittipaka and Sachin S. Kamble
With the change in climate and increased pollution, there has been a need to reduce environmental carbon emissions. This research aims to develop a framework for reducing…
Abstract
Purpose
With the change in climate and increased pollution, there has been a need to reduce environmental carbon emissions. This research aims to develop a framework for reducing environmental carbon footprints to improve business performance.
Design/methodology/approach
This study uses Scientific Procedures and Rationales for the Systematic Literature Reviews (SPAR-4-SLR) approach. Articles are searched in the Scopus database using various keywords and their combinations. It resulted in 651 articles initially. After applying different screening criteria, 61 articles were considered for the final study.
Findings
This study provided four themes and sub-themes within each category. This research also used theories, methodologies and context (TMC) framework to provide future research questions. This study used the antecedents, decisions and outcomes (ADO) framework for synthesising the findings. The ADO framework will help to achieve carbon neutrality and improve firms' supply chain (SC) performance.
Research limitations/implications
This study provides theoretical implications by highlighting the various theories that can be used in future research. This study also states the practical implications for the achievement of carbon neutrality by the firms.
Originality/value
This study contributes to the literature linking carbon neutrality with business performance.
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Manish Agarwal and V.S. Prasad Kandi
After completion of the case study, the students will be able to assess Paytm’s share buyback in the context of conventional practices, especially for loss-making firms, analyze…
Abstract
Learning outcomes
After completion of the case study, the students will be able to assess Paytm’s share buyback in the context of conventional practices, especially for loss-making firms, analyze the influence of initial public offering (IPO) performance on market sentiments and the role of subsequent events in shaping investor confidence, explore the regulatory framework for share buybacks in India and its impact on Paytm’s decision, scrutinize Paytm’s post-IPO financials and evaluate the board’s rationale for the share buyback and examine the factors influencing Paytm shareholders’ decisions amid the buyback, considering market conditions and the company’s outlook.
Case overview/synopsis
This case study discusses the unorthodox choice made by Paytm, a leading Indian digital payments and financial services provider, to begin a share repurchase program just one year after its substantial IPO. Paytm encountered difficulties as its stock price experienced a sharp decline of 74% following the IPO, which raised concerns among shareholders and elicited mistrust from analysts. This case study explores the reasoning for the buyback, the legislative framework of share buybacks in India and the diverse viewpoints of analysts regarding the company’s financial strategy. This case study provides not only ample opportunity to discuss ethical issues around managers’ corporate actions but also brings investors a dilemma.
Complexity academic level
This case study is suited to Master of Business Administration/Master of Science/Bachelor of Business Administration/Bachelor of Science.
Supplementary materials
Teaching notes are available for educators only.
Subject code
CSS 1: Accounting and Finance.
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