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1 – 3 of 3Vimal K.E.K., Sonu Raja, Venkata Siva Prasanth Yendeti, Amarendra Kancharla and Jayakrishna Kandasamy
The purpose of this paper is to investigate the effect of current carbon tax (CT) policy on organizations involved in a sharing network relation.
Abstract
Purpose
The purpose of this paper is to investigate the effect of current carbon tax (CT) policy on organizations involved in a sharing network relation.
Design/methodology/approach
For finding the CT and economic value of the industries connected in a sharing network model a multi-objective multi-integer linear model has been formulated. The data set of the case organization is used for computation. The formulated mathematical model is computed with the aid of GAMS optimization program.
Findings
This research paper demonstrates the effectiveness of the sharing network strategy in increasing the economic value and decreasing the CT for industries involved in sharing network. The CT value INR 3,012.694 for the industries in Scenario II which incorporates the sharing network is less than the CT INR 3,580.167 for industries in Scenario I without sharing network.
Research limitations/implications
The data used for the computation is based on a particular sharing network under investigation. The formulated mathematical model can be checked with similar sharing networks by varying the parameters.
Practical implications
This work can aid in gaining complete knowledge on the sharing network strategy which can uplift the resources and the monetary value of the non-efficient industries moving them towards sustainable and greener supply chain practices.
Social implications
The presented work can impact various industries in developing countries providing them with a strategy to enhance their resources and economic value by maintaining an amicable relation.
Originality/value
This work uniquely was able to validate economic feasibility and CT in accordance with the carbon footprint involved in sharing network. This sharing network also incorporates the concepts of circular economy and reverse logistics for showcasing a better strategy.
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Keywords
This study aims to examine the role of economic political uncertainty (EPU) on various corporate policies, namely, cash reserves, investment, capital structure and operating…
Abstract
Purpose
This study aims to examine the role of economic political uncertainty (EPU) on various corporate policies, namely, cash reserves, investment, capital structure and operating activities of Indian listed firms.
Design/methodology/approach
To assess the influence of policy-related uncertainties, the author uses the India-specific EPU news-based index constructed by Baker et al. (2016) as a proxy for policy uncertainties. This study uses data from listed Indian firms spanning the period 2003 to 2019. The author uses panel regression models with firm-fixed effects to analyze the impact of EPU on corporate policies, including cash reserves, leverage and CAPEX, while considering key control variables.
Findings
In response to heightened EPU, firms tend to increase their cash reserves, curtail their investment activities and favour secured financing options. Notably, this study aligns with the “real options” framework, demonstrating that firms with substantial investment irreversibility significantly reduce their capital expenditures during periods of elevated EPU. Additionally, the results reveal that rising EPU corresponds to heightened borrowing costs and increased operating expenses for firms.
Originality/value
In contrast to prior research that predominantly investigated the impact of EPU on the decisions of listed firms in developed markets, this study delves into the role of EPU on corporate policies among listed firms in India. This focus is particularly relevant, given the significant policy changes that have transpired in the Indian business landscape in recent years.
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The purpose of this study is to check the reliability of a multi-pin joint to be a fail-safe joint by considering different geometric and material parameters. The pin joints are…
Abstract
Purpose
The purpose of this study is to check the reliability of a multi-pin joint to be a fail-safe joint by considering different geometric and material parameters. The pin joints are made of uni-directional fiberglass that has been impregnated with epoxy composites incorporating 3% nano-clay.
Design/methodology/approach
This study incorporates the analysis of multi-pin joints experimentally, numerically and statistically using the Weibull approach. During analyses, geometrical parameters edge to diameter (E:D), longitudinal pitch to diameter (F:D), side edge to diameter (S:D) and transverse pitch to diameter (P:D) were analyzed using the Taguchi method with a higher-the-better L16 orthogonal array.
Findings
This study aims to develop multi-pin laminated joints to attain higher reliability, which have been designated as fail-safe joints for the intended application and which have higher joint strength. The study reveals that to achieve 99% reliability or 1% probability of failure using the Weibull approach, 24.4% load decrement from the experimental result recorded for three-pin joint configuration at E:D = 4, F:D = 5, S:D = 4 and P:D = 5. Similarly, for the four-pin configuration at E:D = 4, F:D = 4, S:D = 4 and P:D = 5, 23.07% of load decrement observed from the experimental result implies that the expected load with a 99% reliability offers a safe load.
Originality/value
A reliability analysis on multi-pin joints was not conducted in structural application. Composite materials are used because of high reliability and high strength-to-weight ratio. So, in the present work, reliability of the multi-pin joint is analyzed using Weibull distribution.
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