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1 – 10 of 14
Article
Publication date: 8 July 2019

Francisco Guzman, Audhesh Paswan and Niranjan Tripathy

Personal finance influences everything we buy and is a key driver of all economies. It has attracted significant research attention, mostly grounded in rational economics…

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Abstract

Purpose

Personal finance influences everything we buy and is a key driver of all economies. It has attracted significant research attention, mostly grounded in rational economics. However, it has not received adequate research attention in the consumer behavior literature. This study aims to address this gap by looking at some of the consumer-centric antecedents of short- and long-term personal financial planning, i.e. self-other orientation, cognitive style and time orientation.

Design/methodology/approach

A self-administered survey was used to collect data from full time employees. Hypotheses were tested using multiple regression analyses.

Findings

Both short- and long-term financial planning are positively associated with non-impulsive and analytical decision-making styles; whereas self and other orientation are only associated with short-term financial planning. Intuitive decision-making is not associated to either short- or long-term financial planning.

Research limitations/implications

While analytical and long-term orientation are still important for personal finance, in the short run, consumers are also driven by self and other orientation.

Practical implications

The results are relevant for both products and services that have long-term and short-term financial implications for consumers.

Originality/value

This study explores financial planning decision-making from a consumer behavior perspective, and addresses a gap in consumer behavior literature.

Details

Journal of Consumer Marketing, vol. 36 no. 6
Type: Research Article
ISSN: 0736-3761

Keywords

Article
Publication date: 15 March 2011

Darshana D. Palkar and Niranjan Tripathy

Short‐term cash need plays a critical role in equity issuance decisions. Consequently, the ease with which a seasoned equity offer (SEO) is completed can have a direct effect on…

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Abstract

Purpose

Short‐term cash need plays a critical role in equity issuance decisions. Consequently, the ease with which a seasoned equity offer (SEO) is completed can have a direct effect on the cost of raising equity. The purpose of this paper is to examine whether liquidity is likely to affect the ease with which an offer is completed, as proxied by the length of the offer.

Design/methodology/approach

This study uses multiple regression analysis to establish the link between liquidity and the duration of the SEO completion cycle. To provide support to the findings, event study methodology is employed to study the abnormal volume turnover during the pre‐SEO announcement period for firms with shorter and longer registration periods.

Findings

The paper finds that firms with greater liquidity come to market sooner. The results indicate a small yet significant effect of liquidity on the duration of the SEO completion cycle. There is also evidence that lower pre‐announcement period volume turnover is associated with a longer registration period – which has some implications for issuance costs. The results are robust to the inclusion of industry or firm effects, use of different regression specifications, and application of alternative liquidity measures.

Originality/value

This paper belongs to the growing literature that examines the link between liquidity and the firm's equity issuance costs. It adds to the literature by: examining the determinants of the time it takes to complete an offering; providing the evidence that liquidity may affect the ease with which investment bankers place new shares; and presenting the evidence using newer measures of liquidity based on low‐frequency data.

Details

Managerial Finance, vol. 37 no. 4
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 1 February 1997

James M. Forjan and Michael S. McCorry

In this paper, the link between stock distribution announcements and capital markets is examined. The results show that stock split announcements result in higher share prices and…

Abstract

In this paper, the link between stock distribution announcements and capital markets is examined. The results show that stock split announcements result in higher share prices and narrower percentage bid‐ask spreads, while stock dividend announcements have little effect on either prices or percentage spreads.

Details

Studies in Economics and Finance, vol. 18 no. 1
Type: Research Article
ISSN: 1086-7376

Book part
Publication date: 28 February 2022

Sumathi Annamalai and LR Niranjan

In India, one in 500 people (Balaji, 2019) are diagnosed with ASD. Around 40 non-governmental organizations cater to Autism Spectrum Disorder (ASD) children; out of that, a few…

Abstract

In India, one in 500 people (Balaji, 2019) are diagnosed with ASD. Around 40 non-governmental organizations cater to Autism Spectrum Disorder (ASD) children; out of that, a few organizations focus on adults providing them vocational training to make them employable. One such exercise was initiated by SAP Labs India, a leading software company, and Enable India, an Indian NGO where they developed a focused training program for people with ASD and placed them in vital technical jobs in SAP Labs India (Karwa, 2016). First, we peek into the lifestyles of a few successful neurodiverse rock stars in India and their journey from becoming aware of their profile to establishing a career and becoming a role model to other people with ASD. Second, we present the autism landscape in India. Third, we explore the organizations that have hired people with ASD, their policies connected to neurodiversity, and the organizations that give training and support. Fourth, we present the potentials and the challenges people with ASD face. Fifth and final, we cover the role of different stakeholders to foster support and up-skill people with ASD for better community development.

Article
Publication date: 6 April 2021

Raj Kumar Pittala, Satish Ben B., Syam Kumar Chokka and Niranjan Prasad

Microcapsule-embedded autonomic healing materials have the ability to repair microcracks when they come into contact with the crack by releasing the healing agent. The…

Abstract

Purpose

Microcapsule-embedded autonomic healing materials have the ability to repair microcracks when they come into contact with the crack by releasing the healing agent. The microcapsules with specific shape and thickness effect in releasing healing agent to the cracked surfaces. Thus, the purpose of this paper is to know the load bearing capacity of the self-healing microcapsules and the stresses developed in the material.

Design/methodology/approach

In the present study, self-healing microcapsule is modelled and integrated with the polymer matrix composite. The aim of the present study is to investigate failure criteria of Poly (methyl methacrylate) microcapsules by varying the shell thickness, capsule diameter and loading conditions. The strength of the capsule is evaluated by keeping the shell thickness as constant and varying the capsule diameter. Uniformly distributed pressure loads were applied on the capsule-reinforced polymer matrix composite to assess the failure strength of capsules and composite.

Findings

It is observed from the results that the load required to break the capsules is increasing with the increase in capsule diameter. The failure strength of microcapsule with 100 µm diameter and 5 µm thickness is observed as 255 MPa. For an applied load range of 40–160 N/mm2 on the capsules embedded composite, the maximum stress developed in the capsules is observed as 308 MPa.

Originality/value

Failure strengths of microcapsules and stresses developed in the microcapsule-reinforced polymer composites were evaluated.

Details

World Journal of Engineering, vol. 18 no. 3
Type: Research Article
ISSN: 1708-5284

Keywords

Book part
Publication date: 4 December 2020

Abstract

Details

Application of Big Data and Business Analytics
Type: Book
ISBN: 978-1-80043-884-2

Book part
Publication date: 4 December 2020

Raj Krishna

Aadhaar card is an innovative step taken by the Government of India to facilitate smooth functioning of government welfare programs among the needy citizens of this country. This…

Abstract

Aadhaar card is an innovative step taken by the Government of India to facilitate smooth functioning of government welfare programs among the needy citizens of this country. This chapter deals about the Aadhaar Project of the Central Government, its features, its impact on the welfare schemes of government, etc. Second, it also deals with the challenges and loopholes associated with the Aadhaar scheme which eventually led to the case of Justice K. S. Puttaswamy and Another v. Union of India [Writ Petition (Civil) No. 494 of 2012]. At last, the chapter deals with the potential challenges which the Aadhaar scheme may face even after it has been declared constitutional by the Apex Court in the case of Justice K. S. Puttaswamy and Another v. Union of India [Writ Petition (Civil) No. 494 of 2012].

Details

Application of Big Data and Business Analytics
Type: Book
ISBN: 978-1-80043-884-2

Keywords

Article
Publication date: 2 May 2017

Monique Murfield, Christopher A. Boone, Paige Rutner and Rodney Thomas

The purpose of this paper is to investigate the impact of logistics service quality (LSQ) on consumer satisfaction and loyalty in an omni-channel retail environment.

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Abstract

Purpose

The purpose of this paper is to investigate the impact of logistics service quality (LSQ) on consumer satisfaction and loyalty in an omni-channel retail environment.

Design/methodology/approach

An empirical, survey-based approach is used to collect data from consumers about experiences with two different omni-channel retail scenarios: buy-online-pickup-in-store (BOPS), and buy-in-store-ship-direct (BSSD). Participants responded to questions regarding the LSQ, consumer satisfaction, and consumer loyalty relative to their actual experience in one of these situations.

Findings

Results suggest that omni-channel consumers are truly unique, and all three dimensions of LSQ (condition, availability, and timeliness) are distinct in their impact on satisfaction and loyalty. Results suggest that in the BOPS sample, consumer satisfaction partially mediates the relationship between condition and loyalty and fully mediates the relationship between timeliness and loyalty. In the BSSD model, consumer satisfaction partially mediates the relationship between timeliness and consumer loyalty.

Research limitations/implications

This research studies LSQ in two different omni-channel scenarios; additional research is needed to explore other omni-channel scenarios and extend the findings to be more generalizable.

Practical implications

Managers should recognize that for omni-channel consumers, timeliness is the essential driver of satisfaction and loyalty. Retailers need to account for this reality and dedicate substantial resources to meet delivery requirements in a timely manner. Logistics service providers need to emphasize speed and reliability of their delivery processes for omni-channel consumers.

Originality/value

This research is the first attempt at conceptualizing LSQ in an omni-channel supply chain, and testing the impact of LSQ on consumer satisfaction and loyalty.

Details

International Journal of Physical Distribution & Logistics Management, vol. 47 no. 4
Type: Research Article
ISSN: 0960-0035

Keywords

Open Access
Article
Publication date: 20 September 2021

Patrick Gregori, Patrick Holzmann and Erich J. Schwarz

Entrepreneurial identity aspiration refers to the desire to occupy an entrepreneurial role in the future and is an essential impetus for initially engaging in entrepreneurial…

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Abstract

Purpose

Entrepreneurial identity aspiration refers to the desire to occupy an entrepreneurial role in the future and is an essential impetus for initially engaging in entrepreneurial activities. Building on identity theory, the article investigates the effects of personal attitudes, experiences and inclination towards specific practices on the strength of entrepreneurial identity aspiration.

Design/methodology/approach

This article applies multiple linear regression analysis to test the developed hypotheses on an original sample of 127 vocational college students in Austria.

Findings

Results show that risk-taking propensity, proactiveness, entrepreneurial self-efficacy and competitiveness drive entrepreneurial identity aspiration. The effects of innovativeness and need for achievement motivation are nonsignificant. Data further suggest that entrepreneurial identity aspiration is related to gender, while entrepreneurial exposure and previous entrepreneurship education show no or adverse effects.

Practical implications

Based on our findings, the authors argue that education should focus on teaching and discussing the identified attitudes and inclinations to foster the formation of entrepreneurial identities. Doing so increases students' aspirations and provides them with the necessary cognitive underpinnings for subsequent entrepreneurial action. The article suggests action-based teaching to achieve this goal.

Originality/value

This article is the first to investigate antecedents of entrepreneurial identity aspiration by connecting it to essential concepts of entrepreneurship research. The authors extend previous work on entrepreneurial identity and add to the theoretical approaches for research in entrepreneurship education. Furthermore, the article points out central aspects that should receive additional attention in educational settings.

Article
Publication date: 23 December 2021

Weidong Lei, Dandan Ke, Pengyu Yan, Jinsuo Zhang and Jinhang Li

This paper aims to correct the existing mixed integer programming (MIP) model proposed by Yadav et al. (2019) [“Bi-objective optimization for sustainable supply chain network…

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Abstract

Purpose

This paper aims to correct the existing mixed integer programming (MIP) model proposed by Yadav et al. (2019) [“Bi-objective optimization for sustainable supply chain network design in omnichannel.”, Journal of Manufacturing Technology Management, Vol. 30 No. 6, pp. 972–986].

Design/methodology/approach

This paper first presents a counterexample to show that the existing MIP model is incorrect and then proposes an improved mixed integer linear programming (MILP) model for the considered problem. Last, a numerical experiment is conducted to test our improved MILP model.

Findings

This paper demonstrates that the formulations of the facility capacity constraints and the product flow balance constraints in the existing MIP model are incorrect and incomplete. Due to this reason, infeasible solutions could be identified as feasible ones by the existing MIP model. Hence, the optimal solution obtained with the existing MIP model could be infeasible. A counter-example is used to verify our observations. Computational results verify the effectiveness of our improved MILP model.

Originality/value

This paper gives a complete and correct formulation of the facility capacity constraints and the product flow balance constraints, and conducts other improvements on the existing MIP model. The improved MILP model can be easily implemented and would help companies to have more effective distribution networks under the omnichannel environment.

Details

Journal of Manufacturing Technology Management, vol. 33 no. 7
Type: Research Article
ISSN: 1741-038X

Keywords

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