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Article
Publication date: 2 March 2015

Manuela Moeller

94

Abstract

Details

South Asian Journal of Global Business Research, vol. 4 no. 1
Type: Research Article
ISSN: 2045-4457

Keywords

Article
Publication date: 6 November 2007

Subhash C. Kundu and Sunita Rani

The main objective of the study is to assess the self‐esteem of the human resources including future workforce, trainees, managers, and entrepreneurs.

3708

Abstract

Purpose

The main objective of the study is to assess the self‐esteem of the human resources including future workforce, trainees, managers, and entrepreneurs.

Design/methodology/approach

Primary data based on 1,835 respondents were analyzed to compare the self‐esteem of males and females of various categories. Statistical tools such as factor analysis, correlations, analysis of variance, means, grand means, and standard deviations were used for the analysis of the data gathered.

Findings

Among all the derived five factors, respondents scored highest on strong belief which indicated the high self‐esteem cognition. Significant differences were found between the various categories of students, managers, entrepreneurs, and trainees. Males and females also differed on certain aspects of self‐esteem. The overall self‐esteem of the sample was found to be marginally positive.

Research limitations/implications

The limitation of the study was that the data were collected from North India only, though they could have been collected from the wider area. Rather it can be extended cross‐culturally so that it may give more generalized conclusions.

Practical implications

Self‐esteem of human resources has managerial and policy implications. Self‐esteem affects the organisational decisions regarding planning and hiring, motivating, retaining, and laying‐off of human resources. High and positive self‐esteem has a positive relationship with job performance, job satisfaction, organisational commitment, need for achievement, self‐perceived competence, self‐image, and success expectancy. Organizations should not only concentrate on hiring and retaining high and positive self‐esteem employees, but also try to maintain the self‐esteem level of the employees. Organisations can enhance employees' self‐esteem by allowing them ample room for self‐determination.

Originality/value

This paper helps in understanding the level of self‐esteem of males and females across categories and resultant behaviour. Inclusion of aspirants along with managers and entrepreneurs will definitely add to the existing knowledge, management theory and practice.

Details

Industrial Management & Data Systems, vol. 107 no. 9
Type: Research Article
ISSN: 0263-5577

Keywords

Article
Publication date: 24 August 2021

Anju Goswami

Comparing conventional data envelopment analysis (DEA) model with contemporary Seiford and Zhu model, this study aims to evaluate the technical efficiency (TE) of Indian banks…

156

Abstract

Purpose

Comparing conventional data envelopment analysis (DEA) model with contemporary Seiford and Zhu model, this study aims to evaluate the technical efficiency (TE) of Indian banks from 1998/99 to 2016/17 in the presence of non-performing loans (NPLs).

Design/methodology/approach

To examine TE, this study has considered a novel approach, i.e. linear monotone decreasing transformation as suggested by Seiford and Zhu (2002), which treats undesirable output as a desirable output in the framework of Charnes, Cooper and Rhodes (CCR)-based output-oriented DEA approach. In particular, to remove the biasness from the estimated efficiency scores, Simar Wilson (1998, Algorithm #1) has been applied, which is perhaps the first attempt in this kind of literature till now. This study further tries to investigate the notion of sigma and unconditional β-convergence in TE using two-step system generalized method of moments model in dynamic panel framework.

Findings

Treatment of NPLs using conventional DEA model misinterprets the TE scores, while a true picture emerges when the NPLs are correctly accounted as an undesirable output in banks’ loans production process. Efficiency has declined during the crisis years, but it recovered immediately after the crisis years in India. However, a sudden and steep deterioration in efficiency scores has been seen from 2013 till the most recent study period. Public sector banks and old private banks have reported higher average efficiency scores than new private banks (NPBs) and foreign banks (FBs) in India. However, FBs are the only commercial banks that maintained their efficiency levels during crisis years in India. This study also saw the persistence and presence of σ-convergence phenomena in TE for Indian banks, reflecting the ability to reach up to “Catch-up” phenomenon owing to the lower dispersion and persistence of convergence in TE by the Indian banks.

Practical implications

The actual efficiency score can only be estimated when the NPL will be considered as an undesirable output rather than a desirable output when designing the loan production process of banks. Although the ownership clusters of all commercial banks in India need to formulate stricter policies to increase the level of assets quality and efficiency, but, NPBs need to pay some more efforts in this direction. This study’s outcome has the potential to provide useful information for regulators and policymakers, which suggests that in which direction or in which clusters improvement are needed to raise the level of asset quality and technical efficiency in the coming years.

Originality/value

For a long time, there has been the existence of trade-offs between researchers, like which is the best model for accounting for NPLs? Traditional or contemporary? Thus, our study aims to add knowledge to the limited stock of NPL modelling in the efficiency literature. Dynamic convergence in TE scores in Indian banks has yet not to be tested, which is another novelty of the study.

Details

Journal of Financial Regulation and Compliance, vol. 30 no. 1
Type: Research Article
ISSN: 1358-1988

Keywords

Article
Publication date: 5 October 2012

Fincy Pallisserry

Transparency of financial information promotes corporate growth. The purpose of this paper is to concentrate on the need for strengthening the law governing true and fair…

2560

Abstract

Purpose

Transparency of financial information promotes corporate growth. The purpose of this paper is to concentrate on the need for strengthening the law governing true and fair corporate accounting. The first part of the paper concentrates on nexus between the importance of transparency in accounting embodied under the provisions of the Companies Act in India and in the UK. Second, the paper focuses on the board of director's duty to prevent corporate fraud through proper financial reporting.

Design/methodology/approach

The methodology for this study is analytical. Comparative study of the law governing accounting provisions in India and UK is also looked into.

Findings

The law governing financial transparancy envisaged under the Companies Act in India makes it obligatory on the part of the companies to disclose the material information relevant to the investors. However, the directors of the company often show an unreal picture of the financial position of the company, so as to retain the existing shareholders and to attract more investors. This can be avoided if the composition of audit committees in the companies includes a few representatives of shareholders who are competent to asses the true and fair view of the company accounts prepared by the auditors.

Research limitations/implications

The focus of this research paper is mainly on the legal regimes and the accounting and auditing provisions of India and the UK.

Originality/value

The paper shows that the Companies Act in India should strengthen the accounting provisions and it should mandate the compulsory observance of accounting standards.

Details

Journal of Financial Crime, vol. 19 no. 4
Type: Research Article
ISSN: 1359-0790

Keywords

Article
Publication date: 11 January 2008

Aparna Mitra and Pooja Singh

The purpose of the paper is to highlight the differences in literacy and schooling attainment among the scheduled tribe women in India.

2129

Abstract

Purpose

The purpose of the paper is to highlight the differences in literacy and schooling attainment among the scheduled tribe women in India.

Design/methodology/approach

The paper uses data from the Census of India, Department of Education in India, and National Human Development Report prepared by the Government of India.

Findings

The high status of women among the tribal groups in the northeastern states has important effects on the literacy rates, enrollment ratios and dropout rates of girls in that region. High‐poverty rates pose to be significant obstacles in attaining literacy and education among tribal women in India. However, large differences in literacy rates in the various states in India show that social and cultural norms, proximity to the mainstream Hindu culture, and the role of women are also important determinants in achieving literacy among tribal women.

Originality/value

Literacy is considered to be an important tool for improving the status of women among the scheduled tribes. Aggregate statistics often paint a dismal picture of the low‐literacy rates and schooling among the scheduled tribe women. This paper shows that such statistics fail to capture the different trends in literacy rates and value placed in schooling among the various tribal groups in India. Differences in economic, social, and cultural backgrounds among the various tribes need to be emphasized in order to understand the differential nature of investments in literacy rates and schooling among tribal women in India.

Details

International Journal of Social Economics, vol. 35 no. 1/2
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 8 November 2013

Amita Majumder, Ranjan Ray and Kompal Sinha

The contribution of this study is both methodological and empirical. It provides a method of estimating preference consistent true cost of living indices and demonstrates the use…

Abstract

Purpose

The contribution of this study is both methodological and empirical. It provides a method of estimating preference consistent true cost of living indices and demonstrates the use of unit values (food items), adjusted for quality and demographic effects, as prices. Using NSS data, changes in living standards (measured by per capita real expenditure) in India are examined between 1999/2000 and 2009/2010. The paper aims to discuss these issues.

Design/methodology/approach

From the adjusted unit values, “exact” price indices are computed using QAIDS-based preference consistent methods that allow between-item substitution effects and variation across states.

Findings

A comparison of the nominal and price deflated real expenditures under alternative temporal price scenario during 1999/2000-2009/2010 shows that the states largely preserve their ranks over the periods, in spite of differential temporal price movement. However, comparison of the nominal and price-deflated real expenditure growth reveals that the rankings are sensitive to the price deflator used.

Practical implications

The results question the wisdom of the treatment of large countries with heterogeneous preferences, e.g. India, as single entities in PPP calculations as in the ICP project. Hence, the results have methodological and empirical implications that extend beyond India.

Originality/value

The study provides evidence on the issue of spatial difference in the temporal movement in prices, where no such evidence exists, and contains the first evidence on living standards in India in the post global financial crisis era. Also, this is the first attempt to base calculation of temporal movement in prices, as measured by the “exact” price indices, on the adjusted unit values of food items.

Details

Indian Growth and Development Review, vol. 6 no. 2
Type: Research Article
ISSN: 1753-8254

Keywords

Article
Publication date: 11 June 2018

Nilanjana Sinha, Himadri Roy Chaudhuri, Jie G. Fowler and Sitanath Mazumdar

This paper aims to explore authenticity as a multidimensional construct from both consumer and service provider perspectives in the context of culturally themed restaurants in…

Abstract

Purpose

This paper aims to explore authenticity as a multidimensional construct from both consumer and service provider perspectives in the context of culturally themed restaurants in Kolkata, India.

Design/methodology/approach

Utilizing a phenomenological design, data have been collected through participant observation, photographs and semi-structured interviews in Bengali-themed restaurants over a two-year period.

Findings

By articulating the processes and dimensions that operate behind the narrative of authenticity, the findings display the interaction between market/cultural forces and the perception of authenticity. These reveal that authenticity embraces four major categories, namely, traditional, staged-form, postmodern and constructivist.

Research limitations/implications

This study provides insights into the collective role of both consumers and service providers in mediating perceptions of authenticity. Theoretically, this study contributes to the literature by articulating four dimensions of authenticity.

Practical implications

Practically, this study assists marketers with insights into the balance of authenticity and the commoditization of culture.

Originality/value

As globalization weakens cultural boundaries and jeopardizes regional identities, there is a need for reassuring cultural continuity that upholds ethnic legacy for local consumers. Thus, this study provides theoretical and practical insights for both researchers and practitioners concerned about maintaining authenticity in a global marketplace.

Details

Qualitative Market Research: An International Journal, vol. 21 no. 3
Type: Research Article
ISSN: 1352-2752

Keywords

Article
Publication date: 16 May 2023

Chris Wagner and Andrew Delios

Unlike the traditional growth model of emerging markets after economic liberalization, India’s inward foreign direct investment (FDI) surged paralleling its strong economic growth…

Abstract

Purpose

Unlike the traditional growth model of emerging markets after economic liberalization, India’s inward foreign direct investment (FDI) surged paralleling its strong economic growth in the 2000s, despite the failure to establish a strong secondary sector. This creates an opportunity to deepen the conceptual and contextual understanding of the pivotal mechanisms that impel foreign multinational enterprises to invest into India and provides a natural setting to better understand the nature of its institutional, political and economic environment.

Design/methodology/approach

The authors develop a theory contextualized to Indian inward FDI patterns for the 2000–2017 period. The theoretical framework expands upon received investment motives, with explicit consideration given to the idiosyncrasies of developments in India’s recent macro and socioeconomic environment. The authors test the hypotheses using panel data from 134 countries that invested in India, using a Hausman–Taylor estimation.

Findings

The authors find that India’s transition toward a knowledge economy attracts asset augmenting rather than asset exploiting FDI. Investors appear to target long-term investments by gaining access to India’s digital capabilities, R&D, and growing talent base with a high degree of specialization within analytics, biotechnology, engineering, or pharmaceuticals. Foreign investors do not seem to be notably deterred by infrastructural challenges nor by legal and regulatory restrictions.

Originality/value

By providing a new perspective on India’s atheoretical economic development and FDI environment, this study offers a distinct point of comparison with regard to established hypotheses within the extant literature on FDI into emerging markets. Rethinking contemporary investment motive theory by introducing an adapted conceptual framework provides further opportunity to inform the understanding of firm strategies in similar environments.

Article
Publication date: 7 August 2007

Parikshit K. Basu

This paper aims to attempt to compare the development strategies and achievements of India and China in the last 50 years and to analyse the challenges lying ahead if the trend…

6209

Abstract

Purpose

This paper aims to attempt to compare the development strategies and achievements of India and China in the last 50 years and to analyse the challenges lying ahead if the trend continues.

Design/methodology/approach

The paper critically evaluates the growth strategies of the two economies. Changes in approaches, achievements and failures are analysed using materials from past research and secondary data. Impacts of economic reform process and economic management capabilities have been evaluated. Critical analysis is the main approach of the paper.

Findings

Based on the experiences of economic growth so far with reformed and open economies, India can learn several things from China. China has achieved better results based on investment‐driven export‐oriented policies that may not be sustainable in the long run. It has so far ignored the socio‐political issues, which can have very serious consequences in the future. Relatively slower economic growth in India is based on stronger socio‐economic foundations. Mutually beneficial economic cooperation between the two economies and rising interdependence with regional and global powers should provide a better future.

Originality/value

The paper provides a comprehensive picture of strategies, outcomes and possibilities. It links past development strategies to future challenges. It may be of value to researchers and policy makers in both economies while considering future directions.

Details

International Journal of Social Economics, vol. 34 no. 9
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 3 October 2018

Khee Giap Tan, Sasidaran Gopalan and Will Nguyen

The purpose of this paper is to contribute to the literature by introducing a novel index that measures ease of doing business (EDB) at the sub-national level. The authors provide…

Abstract

Purpose

The purpose of this paper is to contribute to the literature by introducing a novel index that measures ease of doing business (EDB) at the sub-national level. The authors provide a comprehensive assessment of both de jure and de facto business conditions in 21 sub-national economies of India, with the help of a holistic framework that encompasses indicators capturing Attractiveness to Investors, Business Friendliness and Competitive Policies (ABC), the three broad environments that constitute the EDB–ABC index.

Design/methodology/approach

The authors’ index EDB–ABC index is constructed using 81 indicators. The index values reported are standardized scores and the framework is applied to 21 Indian sub-national economies. The bottom-up approach takes into account the various operational issues that firms face at the ground level, with the emphasis being on de facto issues. A unique feature of the index is its emphasis on collecting extensive survey data at the sub-national level, given that several constraints that businesses face lie under the purview of the sub-national governments. It also combines publicly available macroeconomic data through formal statistical publications.

Findings

The findings suggest a positive association between the proposed EDB–ABC index and competitiveness of as well as investments into Indian sub-national economies. In terms of explanatory power, the authors find that indicators capturing attractiveness to investors and business friendliness which are representative of de facto implementation issues at the sub-national matter more than de jure competitive policies. It is also striking that the results are in stark contrast to the existing doing business studies highlighting the importance of the comprehensiveness of the index.

Originality/value

Easing the impediments to doing business is a pre-requisite to enhance both domestic as well as foreign investments. Existing indicators on doing business provide an incomplete picture about the prevailing business conditions as the basis for such rankings are de jure regulations and not de facto. The authors depart from this tradition by dealing with both de jure and de facto business conditions using a combination of primary and secondary data at the sub-national level in India.

Details

South Asian Journal of Business Studies, vol. 7 no. 3
Type: Research Article
ISSN: 2398-628X

Keywords

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