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The objective of this paper is to investigate the effect of working capital efficiency (WCE) and its components on the composite financial performance of a sample of Indian firms.

Our sample includes 796 non-financial listed firms from 2015–16 to 2021–22. Sample firms’ profitability, liquidity, solvency, cash flow management, and financial and operational leverage have been used to classify them into companies with high composite financial performance (HCFP) and with low composite financial performance (LCFP) by using K-Means Clustering technique. A composite financial performance score (CFPS) of 1 has been assigned to HCFP and 0 to LCFP. We have used logistic regression models with fixed effect to estimate the effect of cash conversion cycle (CCC) and its components, i.e. inventory days, accounts receivable days and accounts payable days on CFPS in the presence of control variables such as growth, leverage, firm size, and age.

The study finds that CCC and inventory days are inversely associated with CFPS. This finding shows that the firms’ WCE leads to superior financial performance on a composite basis.

The research findings are based on samples drawn from the population of the listed Indian non-financial companies. Since the operation, financial practices, working capital policies, and management styles of firms vary greatly among nations, the results of this study should be extended to firms in other countries after taking into account the degree of resemblance to the sample firms.

The findings of this study hold significant value for industry practitioners, as they provide guidance in determining the optimal allocation of funds for working capital and devising strategies for effectively managing inventory levels, credit sales, and vendor payments in order to increase the overall value of the company. This study aims to help investors in building their investment portfolios by identifying companies with superior composite financial performance. Investors can enhance the construction of their investment portfolios by strategically selecting companies that demonstrate superior overall performance.

The results of our study will help companies improve their WCM strategies to enhance their overall value, and their significance increases manifold during economic downturns. Business firms that perform well by efficiently managing their working capital have a multiplier effect on the economy and society at large in the form of GDP contribution, labor income, taxes to the government, investment in capital assets, and payments to suppliers.

To understand the impact of WCE on firms’ performance, the extant working capital literature focuses on some specific characteristics such as profitability, valuation, solvency, and liquidity. The limitation of employing a single parameter is its inability to present the comprehensive performance evaluation of firms. This study is among the earliest studies that focus on the holistic evaluation of WCE's impact on the composite performance of a company.

The purpose of this study is to investigate the entropy generation in different nanofluids flow over a vertically moving rotating disk. Unlike the classical Karman flow, water-based nanofluids have various suspended nanoparticles, namely, Cu, Ag, Al₂O₃ and TiO₂, and the disk is also moving vertically with time-dependent velocity.

The Keller box technique numerically solves the governing equations after reduction by suitable similarity transformations. The shear stress and heat transport features, along with flow and temperature fields, are numerically computed for different concentrations of the nanoparticles.

This study is done comparatively in between different nanofluids and for the cases of vertical movement of the disk. It is found that heat transfer characteristics rely not only on considered nanofluid but also on disk movement. Moreover, the upward movement of the disk diminishes the heat-transfer characteristics of the fluid for considered nanoparticles. In addition, for the same group of nanoparticles, an entropy generation study is also performed, and an increasing trend is found for all nanoparticles, with alumina nanoparticles dominating the others.

This research is a novel work on a vertically moving rotating surface for the water-conveying nanoparticle fluid flow with entropy generation analysis. The results were found to be in good agreement in the case of pure fluid.

The purpose of the study is to perform elastic stress and deformation analysis of a functionally graded hollow disk under different conditions (rotation, gravity, internal pressure, temperature with variable heat generation) and their combinations.

The classical method of solution, Navier's equation, is used to solve the governing equation. The analysis considers thermal and mechanical boundary conditions and takes into account the variation of material properties according to a power law function of the radius of the disk and grading parameter.

The findings of the study reveal distinct trends and behaviors based on different grading parameters. The influence of gravity is found to be negligible, resulting in similar patterns to the pure rotation case. Variable heat generation introduces non-linear temperature profiles and higher displacements, with stress values influenced by grading parameters.

The study provides valuable insights into the behavior of displacement and stresses in hollow disks, offering a deeper understanding of their mechanical response under varying conditions. These insights can be useful in the design and analysis of functionally graded hollow disks in various engineering applications.

The originality and value of this study lies in the consideration of various loading combinations of rotation, gravity, internal pressure and temperature with variable heat generation. Furthermore, the study of effect of various angular rotations, temperatures and pressures expands the understanding of the mechanical behavior of such structures, contributing to the existing body of knowledge in the field.

This study aims to investigate the relationship between absorptive capacity, relational capital and interorganizational relationship performance and examine the moderating effect of contractual governance on this relationship.

This study used a quantitative design, analyzing data collected through a survey questionnaire. The sampling frame consisted of 111 cross-industry, small and medium-sized manufacturers in Malaysia. The research model was analyzed using structural equation modeling.

The results show that interorganizational relationship performance is positively influenced by relational capital and absorptive capacity. While absorptive capacity has a positive effect on relational capital, this study finds empirical evidence that contractual governance weakens the effect of absorptive capacity on relational capital. Furthermore, this study also examines the hitherto under-researched moderating effect of contractual government on absorptive capacity and relational capital and their relationship with interorganizational relationship performance.

This study provides insights into the interorganizational relationship among SMEs and explains the nature of knowledge management in this context. This study shows the potential role of absorptive capacity in building close cross-border interorganizational relationships.

This study aims to examine the relationships between organizational learning capabilities, open innovation and firm performance (FP) in the context of small and medium enterprises (SMEs) in the emerging economies.

Data collected from 384 manufacturing SMEs operating across the seven emirates of the UAE were statistically analyzed using SmartPLS 3 to examine the hypotheses of this study.

The results show that organizational learning capabilities positively influences both inbound and outbound dimensions of open innovation (OI). Inbound open innovation (IP) practice positively impacted both market effectiveness and profitability, while outbound open innovation (OP) practice only affected profitability. Findings further confirmed the mediating role of IP practice on the relationships of organizational learning capabilities with market effectiveness and profitability. In contrast, OP practice did not mediate the relationships of organizational learning capabilities with market effectiveness and profitability.

To the best of the authors knowledge, this is among the first study contributing to the extant innovation literature in terms of investigations into the significant and complex interrelations of organizational learning capabilities, OI and FP in a single study, demonstrating various theoretical implications in the context of manufacturing SMEs in emerging countries. Overall, the findings of this study confirmed that the owners/managers of the UAE’s manufacturing SMEs need to be acquainted with the need of creating a working environment fostering organizational learning processes and capabilities to enhance IP and OP activities, thereby improving their market effectiveness and profitability.

This empirical research intends to examine factors influencing the adoption of renewable energy (RE) using a conceptual model of the consumer decision-making process.

This study uses a primary response-based survey to collect data from 668 respondents interested in adopting RE for their daily usage. The sample respondents were chosen through a multi-stage random stratified technique. The responses were analyzed through structural equation-based modeling techniques to discuss the findings and suggest further implications.

The findings suggest that factors like knowledge, policy incentives, sustainable development goals (SDGs-7, 11 and 13), socio-economic benefits and risk perception significantly impact the adoption of RE. Besides, risk perception mediates between environmental concerns and the adoption of RE. Also, age has a significant role in RE adoption.

The study finds the critical role of government in introducing financial incentives to reduce the initial cost of renewable adoption. Doing so will also promote clean and equitable energy access to society leading to further fulfillment of SDGs. Additionally, steps like knowledge enrichment, designing suitable policies for a manufacturer and public-friendly renewable market development will further facilitate renewable adoption in society.

With an objective to study the public perception and attitude towards renewable adoption, this empirical research is the first of its kind to carry out a real-time survey of the Indian population and suggest policy implications which would benefit all the concerned stakeholders.

Electric vehicles are well known for a silent and smooth drive; however, their presence on the road is difficult to identify for road users who may be subjected to certain incidences. Although electric vehicles are free from exhaust emission gases, the wear particles coming out from disc brakes are still unresolved issues. Therefore, the purpose of the present paper is to introduce a smart eco-friendly braking system that uses signal processing and integrated technologies to eventually build a comprehensive driver assistance system.

The parameters obstacle identification, driver drowsiness, driver alcohol situation and heart rate were all taken into account. A contactless brake blending system has been designed while upgrading a rapid response. The implemented state flow rule-based decision strategy validated with the outcomes of a novel experimental setup.

The drowsiness state of drivers was successfully identified for the proposed control map and set up vindicated with the improvement in stopping time, atmospheric environment and increase in vehicle active safety regime.

The present study adopted a unique approach and obtained a brake blending system for improved braking performance as well as overall safety enhancement with rapid control of the vehicle.

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Employees become more innovative in the workplace when they feel passionate about the firm and their work. Organizations can help cultivate such positive outcomes by engaging in corporate social responsibility activities that employees will perceive favorably.

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

The purpose is to derive the most effective place in the air for an aerial robot, viz., drone to use as an alternative communication system during disasters.

In this technology-driven era, various concepts are becoming the area of interest for multiple researchers. Drone technology is also one of them. The researchers, with interest in drones, are therefore trying to understand the various uses of employing drones in diverse applications which are mind-boggling, starting from civil applications (viz., an inspection of power lines, counting wildlife, delivering medical supplies to inaccessible regions, forest fire detection, and landslide measurement) to military applications (viz., real-time monitoring, surveillance, patrolling, and demining). However, one area where its usage is still to be exploited in many countries is using drones as a relay when communication lines are disrupted due to natural calamities. This will be particularly helpful in rescuing the affected people as the aerial node will enable them to communicate to the rescue team using mobiles/ordinary landline telephones even when regular communication towers are destroyed due to disastrous natural calamities, for example, tsunamis, earthquakes, and floods. Various algorithms, namely, water filling algorithm, advanced water filling algorithm, equal power distribution algorithm, and particle swarm optimization, were therefore studied and analyzed using simulation in addition to various path loss models to realize the desired place for an aerial robot, viz., drone in the air, which will eventually be used as an alternative communication system for badly hit ground users due to any disaster.

It was found that the effective combination of the water filling algorithm and particle swarm optimization algorithm may be done to place the drone in the air to increase the overall throughput of the affected ground users.

The research is original. None of the parts of this research paper has been published anywhere.

This paper aims to study the effects of plum powder and apple pomace powder additions on the quality properties of buffalo meat emulsion.

Buffalo meat emulsions were prepared using different levels (2%, 4% and 6%) of plum powder and apple pomace powder, respectively. The meat emulsions were analysed for the physico-chemical, sensory and textural properties of the meat emulsion.

The pH of meat emulsions decreased significantly (p < 0.05) with an increased level of plum powder and apple pomace powder. Water-holding capacity (43.1%–48.1%), emulsion stability (80.2%–92.2%) and cooking yield (85.4%–91.0%) were significantly (p < 0.05) higher in plum powder and apple pomace powder added than the water-holding capacity (42.1%), emulsion stability (79.7%) and cooking yield (85.0%) of control emulsion. The moisture content was decreased significantly (p < 0.05), and crude fibre content was increased significantly (p < 0.05) with the increase in plum powder and apple pomace powder additions in meat emulsions. The total phenolic content and colour values (a* and b*) were significantly higher in plum powder and apple pomace powder added to meat emulsions. The sensory scores of meat emulsions were affected by the addition of plum powder and apple pomace powder. The meat emulsion added with 6% plum powder and 6% apple pomace powder showed significantly lower values of sensory overall acceptability. The hardness of meat emulsions increased with the addition of plum powder and apple pomace powder.

The results indicated that meat emulsions with a good cooking yield, fibre content, sensory acceptability and textural properties can be prepared by using plum powder and apple pomace powder.