Search results

1 – 10 of 30
To view the access options for this content please click here
Article
Publication date: 17 June 2021

Kerry Shephard, Qudsia Kalsoom, Ritika Gupta, Lorenz Probst, Paul Gannon, V. Santhakumar, Ifeanyi Glory Ndukwe and Tim Jowett

Higher education is uncertain which sustainability-related education targets should be sought and monitored. Accepting that something needs to be measurable to be…

Abstract

Purpose

Higher education is uncertain which sustainability-related education targets should be sought and monitored. Accepting that something needs to be measurable to be systematically improved, the authors explored how measures relate to potential targets. This paper aims to focus on dispositions to think critically (active open-minded thinking and fair-minded thinking in appraising reasoning) as measures and explored how they related to sustainability concern as an indicative educational target.

Design/methodology/approach

This research included the development and testing of research instruments (scales) that explored dispositions to critical thinking and sustainability concern. Authors researched these instruments within their own correspondence groups and tested them with university students and staff in Pakistan, the USA, Austria, India and New Zealand. The authors also asked a range of contextualising questions.

Findings

Respondents’ disposition to aspects of active, open-minded thinking and fair-minded thinking do predict their concern about facets of sustainability but their strength of religious belief was an important factor in these relationships and in their measurement.

Practical implications

This research demonstrates the complexity of monitoring dispositions to think critically and sustainability concern in educational systems, particularly in circumstances where the roles of religious beliefs are of interest; and suggests ways to address this complexity.

Originality/value

This research integrates and expands discourses on ESD and on critical thinking in diverse disciplines and cultures. It investigates measurement approaches and targets that could help higher education institutions to educate for sustainable development and to monitor their progress, in ways that are compatible with their culture and values.

Details

International Journal of Sustainability in Higher Education, vol. 22 no. 5
Type: Research Article
ISSN: 1467-6370

Keywords

To view the access options for this content please click here
Book part
Publication date: 4 August 2021

Shreya Sandhu

This chapter looks at the experiments of the Aam Aadmi Party led government’s initiatives in building teacher quality for its government schools in the capital city…

Abstract

This chapter looks at the experiments of the Aam Aadmi Party led government’s initiatives in building teacher quality for its government schools in the capital city. Outlining the contours of neoliberal influence on Indian education policy and its consequences on teacher quality, the chapter explores the political rationality that governs the case of Delhi. It does this by understanding the changing subjectivities of the school teachers within the educational reforms. The government schools in Delhi have been blamed for worsening school performance especially in student learning outcomes through basic educational tests conducted by various assessment and evaluation surveys. Among other reasons, poor teacher quality has been identified as one of the major causes of this poor performance of government school children. Therefore, gaps were identified in the teacher support system and efforts were made to revamp the system. The chapter brings out in detail how the state’s initiatives in educational reforms have produced paradoxical situations and unintended effects in practice as the state has retained a controlling role even though the reform strategies show a shift toward increasing autonomy and deregulation.

Details

Building Teacher Quality in India: Examining Policy Frameworks and Implementation Outcomes
Type: Book
ISBN: 978-1-80071-903-3

Keywords

To view the access options for this content please click here
Book part
Publication date: 4 August 2021

Supriya Baily

Education in India is valued as a transformative tool for upward mobility, increased opportunity and individual freedom. A variety of education policies over the years…

Abstract

Education in India is valued as a transformative tool for upward mobility, increased opportunity and individual freedom. A variety of education policies over the years have sought to ensure greater equity with varied impact. Student learning has suffered across the country in part due to differences in regional access, linguistic ability, and family income. Furthermore, India lies at the intersection of aspiring ambitions of international influence and vast inequities ensuring many sectors of the populations lag far behind the “modern” aspirations of the middle class. In this conflicting space, Indian policy-makers established the Right to Education Act in 2010 as an effort to create broad and sweeping change in educational policy. This chapter seeks to look critically at the main components of the act, now 10 years in, to evaluate how some of the most controversial aspects of the law, have affected student learning, through the lens of teacher quality, including teacher preparation, teacher professional development, teacher dispositions, and teacher’s attitudes and perceptions of students. Vignettes from teacher experiences will be used to illustrate challenges and recommendations will be provided to support teacher educators working to ensure a more equitable and socially just education for Indian students.

Details

Building Teacher Quality in India: Examining Policy Frameworks and Implementation Outcomes
Type: Book
ISBN: 978-1-80071-903-3

Keywords

To view the access options for this content please click here
Article
Publication date: 20 January 2021

Charles Fergus Graham

In response to the 2008 financial crisis, the European Union (EU) comprehensively restructured its derivative regulation. A key component of this new framework is a…

Abstract

Purpose

In response to the 2008 financial crisis, the European Union (EU) comprehensively restructured its derivative regulation. A key component of this new framework is a reporting obligation for every derivative trade. As the reporting requirement does not involve public disclosure of the information, existing academic analysis on reporting regulations to-date, which focusses on public disclosure, is limited in predicting the effectiveness of the reform. This paper aims to assess whether the reform has been designed effectively based on the regulatory setup in the UK.

Design/methodology/approach

Framing the reporting regulation as a moral hazard problem with asymmetric information, this paper uses a game-theoretical approach to evaluate whether the new derivative reporting obligation effectively induces firm compliance. I also discuss potential extensions of the derivative reporting model, with particular emphasis on how the framework could account for heterogeneous firms and different regulatory tools.

Findings

Based on the theoretical analysis, this paper finds that while firms are unlikely to comply fully with derivative reporting requirements, it is possible to induce relatively high firm compliance. Although this does not mean we are immune from another financial crisis, the derivative reporting requirements should equip EU regulators to monitor a more transparent and secure derivatives market.

Originality/value

This paper provides a theoretical foundation for further study of post-crisis derivatives reforms. In particular, the implications of the model point to an empirical strategy to test the accuracy of the model.

Details

Journal of Financial Regulation and Compliance, vol. 29 no. 3
Type: Research Article
ISSN: 1358-1988

Keywords

To view the access options for this content please click here
Article
Publication date: 9 June 2020

Afsheena P. and Shijin Santhakumar

The asymmetric effect of conservatism on earnings and its other components serves as a contrivance to incorporate transparency and timeliness in financial reporting. This…

Abstract

Purpose

The asymmetric effect of conservatism on earnings and its other components serves as a contrivance to incorporate transparency and timeliness in financial reporting. This study aims to explore cash flow-return association, which provides insight into the accruals’ contribution that traverses through conservatism-earnings persistence liaison and its associated effects on stock returns.

Design/methodology/approach

The study used asymmetric timeliness (AT) model and two firm-year measures, namely, C-Score and conservatism ratio, to capture conservatism. The firm-year measures of conservatism, in addition to the AT measure, facilitate a better understanding of the persistence of reported earnings that branch out the study from the existing literature. Further, the study used panel regression analysis to evaluate the timeliness and persistence of earnings under the conservative approach with a sample of Indian corporate data from 2000 to 2017.

Findings

The findings of the study reveal that conservative earnings are less persistent and the accruals recognize bad news timelier than good news. The unfavorable change in earnings shows a lower earnings response coefficient in contrast to favorable earnings variations. However, the appropriate loss recognition nature of conservative reporting has little or no influence on stock returns in an emerging market such as India.

Research limitations/implications

Accounting conservatism is a captivating feature accounting information, especially pertinent to many decision-makers. Thus, the study has implications for the investors while evaluating the adverse and positive changes in accounting earnings; also, the results are helpful for the standard setters in ongoing debate related to accounting conservatism vs fair evaluation. The present study focuses exclusively on ex-post conservatism, while the ex post and ex ante conservatism are having a significant role in accounting practices. Future research on the differential effects of ex post and ex ante conservatism on accounting information in an emerging market, is worth promising.

Originality/value

The study reveals the first Indian evidence on accounting conservatism and earnings persistence relationship, which would bring a different dimension to investors’ perception in evaluating the characteristic variations of reported earnings. The findings add value to the accounting standard setters concerning the asymmetric verification as Indian Accounting standards are on the verge of convergence with International Financial Reporting Standards (IFRS).

Details

Journal of Financial Reporting and Accounting, vol. 18 no. 3
Type: Research Article
ISSN: 1985-2517

Keywords

To view the access options for this content please click here
Article
Publication date: 4 January 2018

Mohammed Iqbal and Shijin Santhakumar

This study aims to measure the magnitude of information asymmetry between insiders and outsiders in Indian equity market. The study also investigates the effect of major…

Abstract

Purpose

This study aims to measure the magnitude of information asymmetry between insiders and outsiders in Indian equity market. The study also investigates the effect of major information sources that affect information asymmetry namely, the informativeness of financial statements, news reports about the company and analyst follow-up.

Design/methodology/approach

Six-month profitability of insider trade was used as the proxy to measure information asymmetry. Fama-MacBeth two-stage regression was used to analyse the effect of information sources upon information asymmetry.

Findings

The results of the analysis demonstrate that in comparison with findings of similar studies the level of information asymmetry is comparatively high in India. On an average, profitable insider traders in India earn 19.28 per cent return than outside investors. Purchase transactions are more profitable than sales transactions, while the size of company and information asymmetry is associated inversely. Further, news and analyst follow-up are inversely associated with information asymmetry whereas informativeness of financial statements has little effect on information asymmetry.

Practical implications

The study have important insights for corporates in insider information management and legal compliance of insiders’ market activities. Results pointing to the requirements of a deeper Regulatory monitoring and stringent legal framework.

Social implications

The result validates the concerns of investor protection against informed trade.

Originality/value

The measurement of information asymmetry using profitability of insider trade is novel in Indian context even though the methodology is often used in the literature.

Details

Journal of Indian Business Research, vol. 10 no. 1
Type: Research Article
ISSN: 1755-4195

Keywords

To view the access options for this content please click here
Article
Publication date: 8 February 2021

Yu Luo, Xiangdong Jiao, Zewei Fang, Shuxin Zhang, Xuan Wu, Dongyao Wang and Qin Chu

This paper aims to propose a diverless weld bead maintenance welding technology to prevent the leakage of subsea oil and gas pipeline and solve the key problems in the…

Abstract

Purpose

This paper aims to propose a diverless weld bead maintenance welding technology to prevent the leakage of subsea oil and gas pipeline and solve the key problems in the maintenance of subsea pipeline.

Design/methodology/approach

Based on the analysis of the cross-section of the fillet weld, the multi-layer and multi-pass welding path planning of the submarine pipeline sleeve fillet weld is studied, and thus a multi-layer and multi-pass welding path planning strategy is proposed. A welding seam filling method is designed, and the end position of the welding gun is planned, which provides a theoretical basis for the motion control of the maintenance system.

Findings

The trajectory planning and adjustment of multi-layer and multi-pass fillet welding and the motion stability control of the rotating mechanism are realized.

Research limitations/implications

It provides the basis for the prototype design of the submarine pipeline maintenance and welding robot system, and also lays the foundation for the in-depth research on the intelligent maintenance system of submarine pipeline.

Originality/value

The maintenance of diverless subsea pipeline is a new type of maintenance method, which can solve the problem of large amount of subsea maintenance work with high efficiency.

Details

Industrial Robot: the international journal of robotics research and application, vol. 48 no. 2
Type: Research Article
ISSN: 0143-991X

Keywords

To view the access options for this content please click here
Article
Publication date: 6 April 2012

Santhakumar Shijin, Arun Kumar Gopalaswamy and Debashis Acharya

The purpose of this paper is to test a discrete time asset pricing model where a non‐marketable asset (human capital), along with other factors predicting stock returns…

Abstract

Purpose

The purpose of this paper is to test a discrete time asset pricing model where a non‐marketable asset (human capital), along with other factors predicting stock returns, explain risk return relationship. The paper will add to the literature on risk return relationship with human capital by investigating the hypothesis that human capital is a significant factor affecting stock prices.

Design/methodology/approach

The dynamic inter‐linkages of factors representing financial and human components of wealth in predicting stock returns is tested in the Indian market for the period of 1996:04 to 2005:06. The procedures employed include Granger causality tests, impulse response functions and seemingly unrelated regression estimates.

Findings

Empirical findings validate the model that including human capital as a proxy for aggregate wealth in the economy can better predict stock prices than the standard empirical capital asset pricing model. There is a Granger cause relationship between security prices and labor income and it is further concluded that labor and dividend are significant factors affecting security prices.

Originality/value

This is one of the first papers to study the human capital aspect in predicting stock returns in the Indian market. In addition, the paper provides important insights into the causal relationship of human capital and market return in explaining the risk return relationship.

Details

International Journal of Emerging Markets, vol. 7 no. 2
Type: Research Article
ISSN: 1746-8809

Keywords

To view the access options for this content please click here
Article
Publication date: 20 August 2019

Alex Barre Epenetus, Meera CS, Santhakumar Mohan and Mukul Kumar Gupta

Key challenges in evaluating the performance of a robotic manipulator are disturbances that rise internally and externally. Effects of non-linear disturbances like varying…

Abstract

Purpose

Key challenges in evaluating the performance of a robotic manipulator are disturbances that rise internally and externally. Effects of non-linear disturbances like varying payload and joint friction can adversely affect the tracking performance in a robotic manipulator. This paper aims to discuss motion control of a three-link spatial manipulator using a computed torque observer-based control technique.

Design/methodology/approach

The overall motion control problem consists of derivation of kinematic and dynamic model of the manipulator followed by the control design to achieve desired manipulator response. In this study, the manipulator is subjected to uncertain varying load disturbances. The proposed motion controller compensates the effect of the disturbances and guarantees the convergence of tracking error to steady state value.

Findings

One major advantage of using observer-based control is positioning accuracy with robustness to parameter uncertainty and fast dynamics response. The performance of the proposed control technique is validated through real-time experiments conducted on the manipulator. The experiment results confirm the superior performance of the control system in achieving perfect tracking.

Originality/value

This paper demonstrates an observer-based control technique over a serial spatial manipulator which can be applied different robotic configurations under the effect of varying disturbances.

Details

World Journal of Engineering, vol. 16 no. 4
Type: Research Article
ISSN: 1708-5284

Keywords

To view the access options for this content please click here
Article
Publication date: 16 May 2019

Muhamad Hasif Hussin, Nor Hazurina Othman and Mohd. Haziman Wan Ibrahim

This paper aims to investigate the use of calcined mussel shell (CMS) ash–cement mix in concrete that is found to increase the concrete resistance against carbonation.

Abstract

Purpose

This paper aims to investigate the use of calcined mussel shell (CMS) ash–cement mix in concrete that is found to increase the concrete resistance against carbonation.

Design/methodology/approach

The deposited ash from the calcination of the mussel shells at 1000°C was used to replace the ordinary Portland cement at 5 and 7 per cent of the cement weight. The test results from the control concrete specimens were compared to the test results from the experimental concrete specimens to analyse the effects due to the said replacements. Carbonation was carried out naturally in the environment where the concentration of the carbon dioxide gas was at 0.03 per cent, the relative humidity of 65 per cent and the temperature of 27°C for a maximum period of 120 days. Measurement of carbonation depth was taken in accordance to the BS EN 13295: 2004. The carbonation resistance of the concrete was assessed based on the degree of compliance with the common design life requirement of 50 years. The filler effect from the CMS was verified using the capillary absorption test (ASTM C1585: 2013) and the electron microscope.

Findings

Experimental concrete specimens containing 5 and 7 per cent of the CMS ash demonstrated better carbonation resistance compared to the control concrete specimens with a minimum attainable design life of 56 years which can reach a maximum of 62 years. Capillary absorption test results indicated that the concrete pores have been effected by the said filler effect and visual observation from the electron microscope confirmed, solidifying the statement.

Originality/value

The CMS ash is proven to contribute to the concrete’s resistance against carbonation. Also, the CMS ash is synthesized from waste materials which have contributed to the application of the green material in the concrete technology.

Details

Journal of Engineering, Design and Technology , vol. 17 no. 5
Type: Research Article
ISSN: 1726-0531

Keywords

1 – 10 of 30