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Article
Publication date: 12 June 2017

Ishwar Chandra Awasthi and Puneet Kumar Shrivastav

The purpose of this paper is to analyse the social and economic disparities across social groups in rural Uttar Pradesh. The paper demonstrates that the structure of the…

Abstract

Purpose

The purpose of this paper is to analyse the social and economic disparities across social groups in rural Uttar Pradesh. The paper demonstrates that the structure of the rural economy in India is characterised by deeply ingrained prejudices and social discrimination. The four-village study undertaken in one of the most populated states in India, Uttar Pradesh, clearly reveals that there is a huge disparity in terms of various social and economic indicators and that the so-called high growth has hardly helped in bettering their lives.

Design/methodology/approach

The paper is based on primary data collected from the Census survey of villages exploring socio-economic disparities across social groups by using decomposition models.

Findings

The results evidently lend credence to the postulations that a large proportion of the disadvantaged groups are prone to multiple deprivations, both in the society and in labour markets. The inquiry reveals this phenomenon clearly.

Research limitations/implications

From the policy point of view, it is therefore imperative to ensure the direct and focussed provision of basic human requirements in terms of education, employment and income of the state. The implementation of direct policy interventions is an absolute necessity if the state has to guarantee convergence and the inclusive growth process on a sustained basis.

Originality/value

This paper fulfils an identified need to study the inequality among the social groups in terms of education, employment, income and livelihood opportunities in selected villages of four districts of Uttar Pradesh.

Details

International Journal of Social Economics, vol. 44 no. 6
Type: Research Article
ISSN: 0306-8293

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Article
Publication date: 19 March 2020

Himanshu Seth, Saurabh Chadha, Namita Ruparel, Puneet Kumar Arora and Satyendra Kumar Sharma

The purpose of this paper is to empirically investigate the relationship between working capital management (WCM) efficiency and exogenous variables of the Indian…

Abstract

Purpose

The purpose of this paper is to empirically investigate the relationship between working capital management (WCM) efficiency and exogenous variables of the Indian manufacturing sector along with its sub-industries that are involved in export activities.

Design/methodology/approach

Panel regression (fixed effects) was used on a sample of 563 Indian manufacturing firms involved in export activities, covering a time period from 2008 to 2018.

Findings

Industry-wise results showed a significant relation of leverage, net fixed asset ratio, profitability, asset turnover ratio, total asset growth rate and productivity with cash conversion cycle (CCC).

Research limitations/implications

Firstly, having taken a sample from a developing economy, the results of our study may be generalizable only among developing contexts. Secondly, the time period taken in this study (2008–2018) has witnessed several economic fluctuations such as recession and demonetization which might differ for the firms or countries in normal conditions.

Practical implications

An improved working capital model could advance the firms' performance by reducing the CCC of the firm, thereby creating efficiency in WCM. In addition, the results of this study could be helpful for many stakeholders such as working capital managers, debt holders, investors, financial consultants and others for monitoring the firms.

Originality/value

This study contributes to the existing literature in the relation between WCM efficiency and exogenous variables of the Indian manufacturing firms engaged in the export activities. Moreover, this study is one of the few research studies to investigate this relationship among Indian export firms in different industries, thus filling the gap in similar work done in other countries.

Details

Managerial Finance, vol. 46 no. 8
Type: Research Article
ISSN: 0307-4358

Keywords

Content available
Article
Publication date: 25 September 2019

Venkatesh Kodur, Puneet Kumar and Muhammad Masood Rafi

The current fire protection measures in buildings do not account for all contemporary fire hazard issues, which has made fire safety a growing concern. Therefore, this…

Abstract

Purpose

The current fire protection measures in buildings do not account for all contemporary fire hazard issues, which has made fire safety a growing concern. Therefore, this paper aims to present a critical review of current fire protection measures and their applicability to address current challenges relating to fire hazards in buildings.

Design/methodology/approach

To overcome fire hazards in buildings, impact of fire hazards is also reviewed to set the context for fire protection measures. Based on the review, an integrated framework for mitigation of fire hazards is proposed. The proposed framework involves enhancement of fire safety in four key areas: fire protection features in buildings, regulation and enforcement, consumer awareness and technology and resources advancement. Detailed strategies on improving fire safety in buildings in these four key areas are presented, and future research and training needs are identified.

Findings

Current fire protection measures lead to an unquantified level of fire safety in buildings, provide minimal strategies to mitigate fire hazard and do not account for contemporary fire hazard issues. Implementing key measures that include reliable fire protection systems, proper regulation and enforcement of building code provisions, enhancement of public awareness and proper use of technology and resources is key to mitigating fire hazard in buildings. Major research and training required to improve fire safety in buildings include developing cost-effective fire suppression systems and rational fire design approaches, characterizing new materials and developing performance-based codes.

Practical implications

The proposed framework encompasses both prevention and management of fire hazard. To demonstrate the applicability of this framework in improving fire safety in buildings, major limitations of current fire protection measures are identified, and detailed strategies are provided to address these limitations using proposed fire safety framework.

Social implications

Fire represents a severe hazard in both developing and developed countries and poses significant threat to life, structure, property and environment. The proposed framework has social implications as it addresses some of the current challenges relating to fire hazard in buildings and will enhance overall fire safety.

Originality/value

The novelty of proposed framework lies in encompassing both prevention and management of fire hazard. This is unlike current fire safety improvement strategies, which focus only on improving fire protection features in buildings (i.e. managing impact of fire hazard) using performance-based codes. To demonstrate the applicability of this framework in improving fire safety in buildings, major limitations of current fire protection measures are identified and detailed strategies are provided to address these limitations using proposed fire safety framework. Special emphasis is given to cost-effectiveness of proposed strategies, and research and training needs for further enhancing building fire safety are identified.

Details

PSU Research Review, vol. 4 no. 1
Type: Research Article
ISSN: 2399-1747

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Article
Publication date: 19 September 2017

Puneet Kumar and J. Srinivas

The purpose of this paper is to perform a numerical analysis on the static and dynamic behaviors of beams made up of functionally graded carbon nanotube (FG-CNT…

Abstract

Purpose

The purpose of this paper is to perform a numerical analysis on the static and dynamic behaviors of beams made up of functionally graded carbon nanotube (FG-CNT) reinforced polymer and hybrid laminated composite containing the layers of carbon reinforced polymer with CNT. Conventional fibers have higher density as compared to carbon nanotubes (CNTs), thus insertion of FG-CNT reinforced polymer layer in fiber reinforced composite (FRC) structures makes them sustainable candidate for weight critical applications.

Design/methodology/approach

In this context, stress and strain formulations of a multi-layer composite system is determined with the help of Timoshenko hypothesis and then the principle of virtual work is employed to derive the governing equations of motion. Herein, extended rule of mixture and conventional micromechanics relations are used to evaluate the material properties of carbon nanotube reinforced composite (CNTRC) layer and FRC layer, respectively. A generalized eigenvalue problem is formulated using finite element approach and is solved for single layer FG-CNTRC beam and multi-layer laminated hybrid composite beam by a user-interactive MATLAB code.

Findings

First, the natural frequencies of FG-CNTRC beam are computed and compared with previously available results as well as with Ritz approximation outcomes. Further, free vibration, bending, and buckling analysis is carried out for FG-CNTRC beam to interpret the effect of different CNT volume fraction, number of walls in nanotube, distribution profiles, boundary conditions, and beam-slenderness ratios.

Originality/value

A free vibration analysis of hybrid laminated composite beam with two different layer stacking sequence is performed to present the advantages of hybrid laminated beam over the conventional FRC beam.

Details

Multidiscipline Modeling in Materials and Structures, vol. 13 no. 4
Type: Research Article
ISSN: 1573-6105

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Article
Publication date: 4 December 2019

Puneet Kumar Arora and Jaydeep Mukherjee

This study aims to empirically examine the relationship between financial development and trade performance for the Indian economy through a time-series analysis with…

Abstract

Purpose

This study aims to empirically examine the relationship between financial development and trade performance for the Indian economy through a time-series analysis with annual data over the period 1980-2016.

Design/methodology/approach

The study uses new econometrics techniques such as unit root tests in the presence of endogenous structural breaks and autoregressive-distributed lag bounds test for the analysis.

Findings

Empirical results reveal that the level of financial development has a significant positive impact on the exports, imports and trade balance of manufactured goods for the Indian economy.

Practical implications

The findings suggest that the positive effect of financial development on trade performance is a potential mechanism through which the former may affect overall income and growth rates. It also implies that standalone trade liberalisation policies are insufficient to increase Indian exports. Indian policymakers should, therefore, consider the implications of the next set of financial sector reforms on the country’s trade flows, besides their positive impact on the economic performance. The findings are particularly relevant in the present scenario when the export growth is decelerating and there is a marked slowdown in private credit flows because of the problem of non-performing assets.

Originality/value

This study is the first of its kind which provides a holistic analysis of the relationship between financial development and trade performance for the Indian economy and also investigates the direction of causality between financial development and international trade by considering the possible presence of multiple endogenous structural breaks in the data. Moreover, in contrast to the available literature, the present study focuses on net exports as a key indicator of trade performance rather than trade openness.

Details

Journal of Financial Economic Policy, vol. 12 no. 2
Type: Research Article
ISSN: 1757-6385

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Article
Publication date: 7 July 2017

Puneet Kumar and Gaurav Srivastava

Reinforced concrete structural frames with masonry infills (infill-frames) are commonly used for construction worldwide. While the behavior of such frames has been studied…

Abstract

Purpose

Reinforced concrete structural frames with masonry infills (infill-frames) are commonly used for construction worldwide. While the behavior of such frames has been studied extensively in the context of earthquake loading, studies related to their fire performance are limited. Therefore, this study aims to characterize the behavior of infill-frames under fire exposure by presenting a state-of-the-art literature review of the same.

Design/methodology/approach

Both experimental and computational studies have been included with a special emphasis on numerical modeling (simplified as well as advanced). The cold behavior of the infill-frame and its design requirements in case of fire exposure are first reviewed to set the context. Subsequently, the applicability of numerical modeling strategies developed for modeling cold infill-frames to simulate their behavior under fire is critically examined.

Findings

The major hurdles in developing generic numerical models for analyzing thermo-mechanical behavior of infill-frames are identified as: lack of temperature-dependent material properties, scarcity of experimental studies for validation and idealizations in coupling between thermal and structural analysis.

Originality value

This study presents one of the most popular research problems connected with practical and reliable utilization of numerical models, as a good alternative to expensive traditional furnace testing, in assessing fire resistance of infill-frames. It highlights major challenges in thermo-mechanical modeling of infill-frames and critically reviews the available approaches for modeling infill-frames subjected to fire.

Details

Journal of Structural Fire Engineering, vol. 8 no. 3
Type: Research Article
ISSN: 2040-2317

Keywords

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Article
Publication date: 7 August 2017

Shankar Chakraborty, Debapriyo Paul and Puneet Kumar Agarwal

Quality education is a key requirement of a burgeoning country, like India as it aims to establish a sustained growth. However, the current situation of Indian education…

Abstract

Purpose

Quality education is a key requirement of a burgeoning country, like India as it aims to establish a sustained growth. However, the current situation of Indian education system is extremely poor. Although efforts are being made nationwide to improve the present situation, it is incontrovertible that different complications ail different Indian states. Some states suffer from a poor gross enrollment ratio, while others have an extremely high student-teacher ratio. The purpose of this paper is to compare the educational performance of 28 Indian states in order to identify those which require immediate attention.

Design/methodology/approach

For fulfilling this objective, a multi-criteria decision-making (MCDM) framework utilizing preference ranking organization method for enrichment of evaluations and geometrical analysis for interactive aid methods is adopted.

Findings

The results indicate that the educational performance of Goa is the best amongst all the considered alternative states, while Bihar is the laggard in this direction.

Research limitations/implications

From the results, the states which fare to be the worst can easily be identified along with the specific areas/criteria, where they are falling behind. Based on these findings, necessary remedial actions can be undertaken so as to improve the educational performance of the ailing states.

Originality/value

This paper employs a novel geographic information system (GIS) method and a hue-saturation-value color coding scheme in order to determine the influence of individual criterion on the overall state rank, thereby representing an integration of MCDM and GIS which has never been applied before for educational performance evaluation.

Details

Benchmarking: An International Journal, vol. 24 no. 6
Type: Research Article
ISSN: 1463-5771

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Article
Publication date: 20 November 2020

S. Madhu and M. Balasubramanian

The purpose of this study is for solving many issues in production that includes processing of complex-shaped profile, machining of high-strength materials, good surface…

Abstract

Purpose

The purpose of this study is for solving many issues in production that includes processing of complex-shaped profile, machining of high-strength materials, good surface finish with high-level precision and minimization of waste. Among the various advanced machining processes, abrasive jet machining (AJM) is one of the non-traditional machining techniques used for various applications such as polishing, deburring and hole making. Hence, an overview of the investigations done on carbon fiber-reinforced polymer (CFRP) and glass fiber-reinforced polymer (GRFP) composites becomes important.

Design/methodology/approach

Discussion on various approaches to AJM, the effect of process parameters on the glass fiber and carbon fiber polymeric composites are presented. Kerf characteristics, surface roughness and various nozzle design were also discussed.

Findings

It was observed that abrasive jet pressure, stand-off distance, traverse rate, abrasive size, nozzle diameter, angle of attack are the significant process parameters which affect the machining time, material removal rate, top kerf, bottom kerf and kerf angle. When the particle size is maximum, the increased kinetic energy of the particle improves the penetration depth on the CFRP surface. As the abrasive jet pressure is increased, the cutting process is enabled without severe jet deflection which in turn minimizes the waviness pattern, resulting in a decrease of the surface roughness.

Research limitations/implications

The review is limited to glass fiber and carbon fiber polymeric composites.

Practical implications

In many applications, the use of composite has gained wide acceptance. Hence, machining of the composite need for the study also has gained wide acceptance.

Social implications

The usage of composites reduces the usage of very costly materials of high density. The cost of the material also comes down.

Originality/value

This paper is a comprehensive review of machining composite with abrasive jet. The paper covers in detail about machining of only GFRP and CFRP composites with various nozzle designs, unlike many studies which has focused widely on general AJM of various materials.

Details

World Journal of Engineering, vol. 18 no. 2
Type: Research Article
ISSN: 1708-5284

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Article
Publication date: 16 December 2020

Puneet Kaur, Amandeep Dhir, Arghya Ray, Pradip Kumar Bala and Ashraf Khalil

The current study tries to better understand the resistance toward food delivery applications (FDAs). This study has adapted the existing criteria to measure different…

Abstract

Purpose

The current study tries to better understand the resistance toward food delivery applications (FDAs). This study has adapted the existing criteria to measure different consumer barriers toward FDAs. It also examined the relationships between various consumer barriers, intention to use FDAs and word-of-mouth (WOM).

Design/methodology/approach

This study utilized the innovation resistance theory (IRT) and a mixed-method approach comprised of qualitative essays submitted by 125 respondents and primary surveys (N = 366) of FDA users.

Findings

Tradition barrier (trust) shared a negative association with use intention, while image barrier (poor customer service) shared a negative association with WOM. The intention to use was positively associated with WOM. Additionally, the study results reveal that image barrier (poor customer experience) and value barrier (poor quality control) were, in fact, positively related to WOM. This study also discusses the managerial and theoretical implications of these findings and the scope for further research on FDAs.

Originality/value

FDAs have revolutionized the food delivery industry and made it more comfortable and convenient for the consumers. However, FDA service providers are facing challenges from both customers and restaurants. Although scholars investigated customer behavior toward FDAs, no prior study has focused on consumer barriers toward FDA usage.

Details

Journal of Enterprise Information Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1741-0398

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Case study
Publication date: 8 October 2014

Monica Singhania and Puneet Gupta

This case attempts to study one of the key problems faced by a multinational organisation in the globalised environment that exists today: whether to outsource or…

Abstract

Subject area

This case attempts to study one of the key problems faced by a multinational organisation in the globalised environment that exists today: whether to outsource or insource. Outsourcing deals with getting into a contract with an outside vendor/supplier (local to the region in question) to deliver services to the parent company as per the agreed deliverables. On the other hand, insourcing deals with setting up operations in the destination country and hiring local staff on behalf of the company to do the same tasks.

Historically, outsourcing has been considered a better choice because of several benefits such as the ease of setting up operations, a predictable costing model and reduced capital investment. However, it comes with its own set of disadvantages as well, including a high attrition rate and a sub-standard level of quality in the deliverables. Apart from the quantifiable parameters, there are several qualitative parameters as well, which encompasses the employees' passion/commitment towards the company, sense of achievement and performance management process.

This case considers an existing situation in First Telecom (henceforth, referred as FT), where they have outsourced one part of their operations to multiple providers in India and are now facing huge issues with the quality of the deliverables; as a result, FT are now looking to explore if an insourced solution would be more cost-effective and productive. It evaluates the two models against various parameters and makes a recommendation on the preferred model.

Study level/applicability

This case can be used as a teaching tool in the following courses: MBA/postgraduate programme in strategic decision-making; MBA/postgraduate programme in management in management accounting and management control systems; and executive training programme for middle- and senior-level employees to look at the various factors involved (in addition to cost) that should be taken into account while comparing outsourcing versus insourcing.

Case overview

FT is a communication service provider and has presence in more than 170 countries around the world. The company is considered among the top three telecom companies around the globe and offers solutions to multinational customers in the areas of networks, IP telephony, security services and other managed services.

The company has more than 100,000 employees around the globe. In addition to the regular (on rolls) employees, the company also outsources a lot of its operations in various countries to local service providers. The services that this company outsources include software/tools development, solution pricing and in-life service management. Historically, the company has believed that outsourcing is a better alternative because of the ease of setting up operations and lower cost.

However, because of the recent changes in the global market, there is a huge pressure within the company to reconsider all the functions and find ways to contain costs to help the company's bottom line.

There have been numerous complaints about the quality of output from one of the outsourced functions, namely, the “Pricing Team”, which is being presently outsourced to two service providers in India. The lack of accuracy has cost the company a key opportunity valued at more than USD5 million and the COO is furious at this loss. He has tasked the head of business improvement to do a full review of the function and look at the possible alternatives the company can explore to avoid these issues in future.

FT now wants to do a cost-comparison analysis of the existing set-up with a new insourced set-up considering all costs that would come into play. This would help FT to decide the future course of action to ensure reduced costs and enhanced operational efficiency from the process.

Expected learning outcomes

Understanding of cost-comparison parameters involved as an effective tool for strategy development and achieving organisational objectives; understanding of SWOT analysis (organisation level and decision level) and its applicability in the organisation context; understanding the Porter's five competitive forces model to illustrate the effect of environment on an organisation; and understanding of outsourcing and insourcing models and the pros and cons of each model, which is a key management decision in most multinational organisations.

Supplementary materials

Historical reports of the concerned unit in terms of the costs incurred, rate of attrition and operational efficiency achieved. Cost Accounting: A Managerial Emphasis, 14th ed., Charles T. Horngren, Srikant M. Datar and Madhav Rajan, Publisher: Prentice-Hall, 2012.Practical implications Based on the option (outsourcing versus insourcing) found to be better, appropriate actions would need to be taken in terms of either renewing the contracts with the outsourcing partners or preparing to terminate the existing contracts and hiring of talent from the market to replace the outsourced staff.

Social implications

For nearly two decades, India as a country has grown considerably and one of the key contributors in that growth has been “Business Process Outsourcing” from all across the world to India. While the outsourcing wave has provided the initial push to the economy of India, it would not be able to help sustain the momentum primarily because of two reasons: the first is the growth of other countries, such as Hungary, the Philippines and China, as alternatives for outsourcing (and equally may be more cost-effective at times); and the second reason is the shift in various companies towards an insourcing model for critical functions.

Therefore, as a country, India needs to move ahead and, instead of only focusing on providing resources to do the tasks outsourced by global companies, focus should now shift to promoting innovation and creativity among the workforce. A lot of companies nowadays are realising the importance of product innovation and are investing huge amounts in R&D to come up with breakthrough technologies that can help them create a sustainable development model. However, this should in no way be considered an end of the outsourcing era. Although there needs to be an effort towards improving the interlock process, outsourcing is here to stay because of the benefits it brings.

Details

Emerald Emerging Markets Case Studies, vol. 4 no. 5
Type: Case Study
ISSN: 2045-0621

Keywords

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