Template-Type: ReDIF-Article 1.0 Author-Name: Richa Nangia Author-X-Name-First: Richa Author-X-Name-Last: Nangia Author-Name: Abhilasha Dudeja Author-X-Name-First: Abhilasha Author-X-Name-Last: Dudeja Title: A case study of Indian automobile industry on talent management with regard to work culture practice Abstract: The aim behind the study is to understand the talent management scenario in Indian automobile industry and its challenges. Also analysis is done to understand the work culture practices from employee perspective. Both primary and secondary data has been collected for study. Statistical tools like: correlation and cross-tab chi square test will be used for analysis and interpretation of data. The major groups of interest (i.e., management students, academicians, researchers, practicing managers) will be able to understand the scenario of talent management in a better way. As per the current study, talent management practices are not prevalent in Indian automobile industry. The industry is facing challenges like: workforce diversity, maintaining work-culture, etc. Work culture as per employee's perspective does not have an impact on overall effectiveness of work culture practices. The similar kind of framework can be applied to any other industry. Journal: Int. J. of Business and Globalisation Pages: 1-14 Issue: 1 Volume: 27 Year: 2021 Keywords: talent management; work culture practices; employee perspective; Indian automobile industry; strategic human resource management. File-URL: http://www.inderscience.com/link.php?id=111956 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:1:p:1-14 Template-Type: ReDIF-Article 1.0 Author-Name: Khalid M. Bhatti Author-X-Name-First: Khalid M. Author-X-Name-Last: Bhatti Author-Name: Saba Khalid Author-X-Name-First: Saba Author-X-Name-Last: Khalid Title: Rent-seeking behaviour: knowledge transfer as informal control mechanism in high technology alliances Abstract: This study focuses on the knowledge transfer rent-seeking behaviour of MNCs and aims to analyse how MNCs safeguard the alliance by utilising knowledge transfer as an informal control mechanism. Therefore, this study underlines the notion that, as contracts are inherently incomplete, alliance relationships need to maintain mutual dependence based on control mechanisms, in addition to a contract. The alliance relationship of the focal-firm STMicroelectronics and its alliance partners Nokia and Ericsson in the semiconductor industry is examined using qualitative data collected through semi-structured face-to-face interviews. The findings highlight mutual dependence through inter-firm knowledge sharing in incomplete contracts. The study confirms the knowledge transfer rent-seeking behaviour of the partner firms when the strategic motive is to transfer knowledge with the objective of creating synergy and mutual dependence. Lastly, the findings establish knowledge transfer as a control mechanism in alliances. Journal: Int. J. of Business and Globalisation Pages: 15-31 Issue: 1 Volume: 27 Year: 2021 Keywords: knowledge sharing; strategic alliances; inter-firm control mechanisms; syncretic rent-seeking; dependence; focal firm. File-URL: http://www.inderscience.com/link.php?id=111957 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:1:p:15-31 Template-Type: ReDIF-Article 1.0 Author-Name: Tao Gao Author-X-Name-First: Tao Author-X-Name-Last: Gao Title: Plural forms of governance for international strategic alliances: toward an integrative framework Abstract: Many international strategic alliances (ISAs) are characterised by plural forms of governance whereby individual, generic alliance arrangements such as equity investment, licensing, management contracts, and supply agreements coexist. Yet, most existing research on ISA governance decisions either deals with the choice of alliances against market transactions or hierarchy or studies the choice of one mode of alliance against another (such as equity versus non-equity alliances). Very limited insight is available on multinational companies' simultaneous inclusions of several, rather than only one, generic modes of alliance to establish plural ISAs for their international operations. In this paper, we tackle the issue of plural alliances in the context of selecting forms of governance for international strategic alliances. Drawing from diverse theories on interorganisational relationships, transaction cost theory, competitive strategy, organisational learning, relationship marketing, and foreign market entry modes; this paper develops an integrative conceptual model that guides company decisions on choosing plural governance forms for international strategic alliances. Research and managerial implications of the study are discussed. Journal: Int. J. of Business and Globalisation Pages: 32-50 Issue: 1 Volume: 27 Year: 2021 Keywords: international strategic alliances; ISAs; foreign market entry modes; governance form; plural governance form; equity investment; licensing; trust; control; bargaining power; dependence. File-URL: http://www.inderscience.com/link.php?id=111958 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:1:p:32-50 Template-Type: ReDIF-Article 1.0 Author-Name: Vanita Tripathi Author-X-Name-First: Vanita Author-X-Name-Last: Tripathi Author-Name: Pardeep Singh Author-X-Name-First: Pardeep Author-X-Name-Last: Singh Title: Fama-French five-factor asset pricing model: empirical evidence from Indian stock market Abstract: The present study examines the applicability of five-factor model of Fama-French (2015). This model considers five factors namely market, size, value, profitability and investment in explaining the cross-sectional variations, i.e., variations across different stock or portfolios in the equity returns in Indian stock markets using the monthly closing price data of a sample of 486 companies which are a part of CNX 500 index over the period from July 2000 to June 2015. The paper investigates whether including any or all of the additional four factors can better explain the cross-sectional variations than the single factor capital assets pricing model. The investment strategies based on size, value and profitability provided abnormal returns over the study period. By making use of the Davis et al. (2000) methodology, we find that Fama-French five-factor model based on market premium, size premium, value premium, profitability premium and investment premium explains the variations in the equity returns better than single factor capital assets pricing model but it does not increase the adjusted R<SUP align="right"><SMALL>2</SMALL></SUP> significantly. The results have implications for asset pricing, market efficiency and investment strategies in the Indian stock market. Journal: Int. J. of Business and Globalisation Pages: 70-91 Issue: 1 Volume: 27 Year: 2021 Keywords: Fama-French five-factor model; market model; five-factor model; four-factor model; three-factor model; asset pricing; size effect; value effect; profitability effect; investment effect; CAPM. File-URL: http://www.inderscience.com/link.php?id=111959 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:1:p:70-91 Template-Type: ReDIF-Article 1.0 Author-Name: Sodi Jasbir Kaur Author-X-Name-First: Sodi Jasbir Author-X-Name-Last: Kaur Author-Name: Jehangir Bharucha Author-X-Name-First: Jehangir Author-X-Name-Last: Bharucha Title: The emerging mutual fund industry in India: an impact analysis of investors' awareness on investment behaviour Abstract: India has more than 1.2 billion people, yet, a mere 3.5% are mutual fund unit investors. This study attempts to explore investors' awareness, perception and experiences towards mutual funds in the Indian city of Indore. The sample size covered 300 investors in Indore who were spread throughout the city and its suburbs. A series of chi square tests were conducted on the data. Out of the respondents, 68 are not even aware of mutual funds and of the 196 respondents who are aware of mutual funds, only 68 (34.69%) have invested in mutual funds. The fixed deposits of banks are the most preferred channel of investment. This study has shown that investment in mutual funds is more often influenced by qualifications, occupation and income. The issue of low penetration of mutual funds can be by increasing the level of financial literacy of Indian investors. Journal: Int. J. of Business and Globalisation Pages: 51-69 Issue: 1 Volume: 27 Year: 2021 Keywords: mutual funds; investments; awareness of mutual funds; financial literacy; India; Indore; investors' perception; investors; fixed deposits; preferred channel of investment. File-URL: http://www.inderscience.com/link.php?id=111960 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:1:p:51-69 Template-Type: ReDIF-Article 1.0 Author-Name: Kim Hoe Looi Author-X-Name-First: Kim Hoe Author-X-Name-Last: Looi Title: Understanding small and medium-sized entrepreneurs' export motivations: an integrative cognition approach Abstract: Drawing from two cognitive theories (i.e., values theory and theory of planned behaviour), this study proposes a theoretically driven integrated model to offer entrepreneurship scholars a richer understanding of small and medium-sized entrepreneurs' psychological process of how their individualistic values are translated to export intention to new markets. Survey data from 243 Malaysian owners and managers of food and beverages companies were analysed with the structural equation modelling technique. The theoretically driven integrative model is empirically supported. Specifically, intrinsic motivations of self-direction and stimulation drive small and medium-sized entrepreneurs' export intentions to new markets, suggesting small and medium-sized entrepreneurs' goals of self-actualisation, self-development, growth and self-expansion. The proposed integrative model extends existing entrepreneurship theory and research and contributes to a more sophisticated theoretical model of the entrepreneurial process, that is, extended form of the theory of planned behaviour. The findings are valuable in forming the necessary basis for encouraging and developing entrepreneurial internationalisation activities. Journal: Int. J. of Business and Globalisation Pages: 92-112 Issue: 1 Volume: 27 Year: 2021 Keywords: small and medium-sized entrepreneurs; entrepreneurial cognition; entrepreneurial values; theory of planned behaviour plus values; export intention; Malaysia. File-URL: http://www.inderscience.com/link.php?id=111961 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:1:p:92-112 Template-Type: ReDIF-Article 1.0 Author-Name: Heena Chauhan Author-X-Name-First: Heena Author-X-Name-Last: Chauhan Author-Name: Anjani K. Singh Author-X-Name-First: Anjani K. Author-X-Name-Last: Singh Author-Name: Suresh Sachdeva Author-X-Name-First: Suresh Author-X-Name-Last: Sachdeva Title: Business model and financial performance of food SMEs: mediation by competitive advantage Abstract: Earlier studies established the direct effect of the business model (BM) on financial performance and competitive advantage but this study attempts to examine the mediator role of competitive advantage on the association of business model and financial performance. Primary data is collected from 262 food small and medium enterprise (SMEs) in New Delhi NCR using well-designed questionnaire and data is analysis is done using SPSS 20 and AMOS 21. Structural equation model was adopted to explain the path analysis. The relationship between business model and competitive advantage; and the relationship between competitive advantage and financial performance are significant in indirect effect. It confirms the full mediation of competitive advantage between business model and financial performance. This study will contribute to the existing research on explanatory roles of business model and effect of the mediating role of competitive advantage. In further studies, business model and financial performance can be attempted as mediators. Journal: Int. J. of Business and Globalisation Pages: 113-131 Issue: 1 Volume: 27 Year: 2021 Keywords: business; business model; competitive advantage; financial performance; small and medium enterprise; SMEs. File-URL: http://www.inderscience.com/link.php?id=111962 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:1:p:113-131 Template-Type: ReDIF-Article 1.0 Author-Name: Dante Di Gregorio Author-X-Name-First: Dante Di Author-X-Name-Last: Gregorio Author-Name: Douglas E. Thomas Author-X-Name-First: Douglas E. Author-X-Name-Last: Thomas Title: A divergence-of-expectations approach to the assessment of country risk Abstract: We introduce a new way to conceptualise, assess and manage country risk. Departing from standard approaches that equate risk with expected values (e.g., lower growth implies higher risk), our approach equates risk with the variance of expectations (e.g., greater variation in expectations of growth implies higher risk). The variance-of-expectations approach is more consistent with the manner in which managers conceptualise risk as unpredictability, the chance of loss and the magnitude of loss. The approach is illustrated through the construction of country risk measures derived from cross-national survey data collected by the World Bank. Evidence suggests that the variance-of-expectations approach to country risk assessment introduces new information beyond conventional approaches and may also be more likely to help managers anticipate unfavourable changes in a country's operating environment. Journal: Int. J. of Business and Globalisation Pages: 132-142 Issue: 1 Volume: 27 Year: 2021 Keywords: country risk; political risk; environmental shocks; international business; globalisation; market entry. File-URL: http://www.inderscience.com/link.php?id=111963 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:1:p:132-142 Template-Type: ReDIF-Article 1.0 Author-Name: Zaynab Shukri Nadim Author-X-Name-First: Zaynab Shukri Author-X-Name-Last: Nadim Author-Name: Binu James Mathew Author-X-Name-First: Binu James Author-X-Name-Last: Mathew Title: Impact of organisational innovation on non-financial organisational performance: an exploratory study of higher education institutions in Oman Abstract: Organisational innovation may contribute in enhancing the skills and knowledge for the employees which will lead to improving the organisational performance. However, the research literature has been dominated with studies examining the association between organisational innovation and financial organisational performance. There has been increased interest in the non-financial organisational performance (NFOP) in higher education institutions (HEIs) in the Sultanate of Oman. The aim of the study is to measure the impact of organisational innovation on non-financial organisational performance in the HEIs in the Sultanate of Oman. The study used exploratory research design to validate the proposed relationships described in the research objectives and to develop a reliable discussion extending to the findings attained. To achieve the research objectives, primary data were collected by surveying 329 staff working in three HEIs in Oman through a structured questionnaire. The finding of the study showed that organisational innovation has a positive impact on non-financial organisational performance. Journal: Int. J. of Business and Globalisation Pages: 5-15 Issue: 1/2 Volume: 28 Year: 2021 Keywords: higher education institutions; HEIs; organisational innovation; technical innovations; administrative innovations; non-financial organisational performance; NFOP; innovative culture; Oman. File-URL: http://www.inderscience.com/link.php?id=115294 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:5-15 Template-Type: ReDIF-Article 1.0 Author-Name: Daisy Mui Hung Kee Author-X-Name-First: Daisy Mui Hung Author-X-Name-Last: Kee Author-Name: Sabai Khin Author-X-Name-First: Sabai Author-X-Name-Last: Khin Author-Name: Theresa C.F. Ho Author-X-Name-First: Theresa C.F. Author-X-Name-Last: Ho Title: Social network, prior working experience, start-up experience and access to support: the case of the Malaysian start-up industry Abstract: It has been proven from the resource-based view that start-up entrepreneurs need access to resources through supports to find a successful venture. Many nascent entrepreneurs in many countries still lack access to considerable support. Start-ups that have no access to institutional support usually had a higher rate of failure compared to those who did. This paper intends to examine social network as a crucial contributor to getting access to start-up support in terms of technology, market, finance and soft-related support in the context of Malaysian start-up. This paper also intends to examine whether start-up owners' working experience and start-up experience moderate the impact of the social network on access to support. This study employed PLS-SEM for analysing responses from 500 start-up firms in Malaysia. This study provides valuable implications while offering a new research direction towards developing an extended theory of social capital by linking social network to start-up support. Journal: Int. J. of Business and Globalisation Pages: 16-37 Issue: 1/2 Volume: 28 Year: 2021 Keywords: social network; prior working experience; start-up experience; access to support; Malaysia; start-up; finance-related support; market-related support; technology-related support; soft-related support. File-URL: http://www.inderscience.com/link.php?id=115295 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:16-37 Template-Type: ReDIF-Article 1.0 Author-Name: Shan Shan Teh Author-X-Name-First: Shan Shan Author-X-Name-Last: Teh Author-Name: Daisy Mui Hung Kee Author-X-Name-First: Daisy Mui Hung Author-X-Name-Last: Kee Title: Social media and open innovation: implication for innovation performance among SMEs in Malaysia Abstract: In this dynamic social and technological environment, knowledge is the main source of innovation. Innovation is required in Malaysia in order to boost the economy. However, the innovation in Malaysia is considered low as compared with other countries. The lack of innovation is due to insufficient knowledge, skills, and financial issues. In fact, social media and open innovation are strategies that can be employed in organisations to solve these issues. Social media is an excellent platform that can be utilised to engage and interact with customers and gain valuable information. As for open innovation, it allows organisations to explore outside knowledge and to exploit internal resources to stay competitive. Both strategies could be utilised to solve the issues faced by Malaysian SMEs. Thus, social media and open innovation are the strategies which will be discussed on how they impact innovation performance among SMEs in Malaysia. Journal: Int. J. of Business and Globalisation Pages: 38-47 Issue: 1/2 Volume: 28 Year: 2021 Keywords: social media; open innovation; innovation performance; small and medium enterprises; Malaysia. File-URL: http://www.inderscience.com/link.php?id=115296 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:38-47 Template-Type: ReDIF-Article 1.0 Author-Name: Shu-Ern Lim Author-X-Name-First: Shu-Ern Author-X-Name-Last: Lim Author-Name: Pei-Tha Gan Author-X-Name-First: Pei-Tha Author-X-Name-Last: Gan Author-Name: Fatimah Salwa Binti Abd. Hadi Author-X-Name-First: Fatimah Salwa Binti Abd. Author-X-Name-Last: Hadi Author-Name: Norasibah Binti Abdul Jalil Author-X-Name-First: Norasibah Binti Abdul Author-X-Name-Last: Jalil Title: The causal effects of leading macroeconomic indicators on stock return: evidence from 13 selected Asia Pacific countries Abstract: The motivation for this study stems from the fact that the leading macroeconomic indicators, namely output, inflation, interest rate and exchange rate can cause a change in the stock return. This study aims to examine the causal relationship between stock return and the leading macroeconomic indicators. This study uses the idea of market informational inefficiency via the context of semi-strong form of the efficient market hypothesis based on 13 selected Asia Pacific countries. To avoid spurious regressions, this study employs the augmented Dickey-Fuller and the Phillips-Perron unit root tests to determine the stationarity of the variables and the random walk effect. By using the Toda-Yamamoto Granger causality test, the finding suggests that the causal effect of the leading macroeconomic indicators on the stock return may shed light on decisive decision-making about risk minimisation and returns maximisation of fund managers, investors, and investment agencies. Journal: Int. J. of Business and Globalisation Pages: 77-96 Issue: 1/2 Volume: 28 Year: 2021 Keywords: leading macroeconomic indicators; causal relationship; market informational efficiency; stock return; random walk. File-URL: http://www.inderscience.com/link.php?id=115297 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:77-96 Template-Type: ReDIF-Article 1.0 Author-Name: Khairil Wahidin Awang Author-X-Name-First: Khairil Wahidin Author-X-Name-Last: Awang Author-Name: Mazlina Mustapha Author-X-Name-First: Mazlina Author-X-Name-Last: Mustapha Title: Development growth of beach resorts: practitioners' perspective Abstract: The increase in demand for natural touristic features such as sandy beaches, colourful corals and warm weather at island destinations has led to the mushrooming of beach resorts. Beach resorts equip island destinations with places to stay for tourists while letting them enjoy islands' touristic features. Beach resorts accommodate both international and domestic tourists at an ever increasing trend. Nevertheless, the construction and development of these resorts at large was on an ad hoc basis. Although the existence of this segment of the accommodation sector is significant to the growth of the tourism industry, its unregulated development has led to many physical and socio-culture drawbacks. This paper aims to explore this process of development, filling the gaps in tourism destination planning. In-depth interview and observation formed the primary mode of collecting data, underpinning the qualitative approach adopted in this study. Findings suggest that increased number of tourists, international and domestic, fuelled spurious development of beach resorts. Demand for accommodation space spiked during weekends, long weekends and public holidays. Development was rapid and uncontrolled, although there were evidence that the government had plans to regulate this process. Journal: Int. J. of Business and Globalisation Pages: 161-171 Issue: 1/2 Volume: 28 Year: 2021 Keywords: beach resort; island destination; planning; qualitative; tourism development. File-URL: http://www.inderscience.com/link.php?id=115298 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:161-171 Template-Type: ReDIF-Article 1.0 Author-Name: Sameer Mohammed Sindi Author-X-Name-First: Sameer Mohammed Author-X-Name-Last: Sindi Author-Name: A.N. Bany-Ariffin Author-X-Name-First: A.N. Author-X-Name-Last: Bany-Ariffin Author-Name: Nazrul Hisyam Ab Razak Author-X-Name-First: Nazrul Hisyam Ab Author-X-Name-Last: Razak Author-Name: Fakarudin Kamarudin Author-X-Name-First: Fakarudin Author-X-Name-Last: Kamarudin Title: Bank mergers and acquisitions in emerging markets: evidence from the Middle East and the North Africa region Abstract: This study provides an empirical assessment of shareholders' wealth effects resulting from bank mergers and acquisitions (M%As) in emerging markets of the Middle East and North Africa (MENA) region between 2000 and 2018. A sample of 40 listed acquirer banks from different countries in the MENA was examined in this study. The event study method was employed using three different event windows to examine the short-term effects of M%As on acquirer banks within the MENA region. Based on the analysis and results for the cumulative abnormal returns (CARs), this study found that there were positive CARs in all three event windows. Although, the p-values of the regression models indicated that the positive CARs were not statistically significant. As a result, this study concludes that M%As have not caused significant positive nor negative effects in the short-term on acquirer banks in the MENA region. Journal: Int. J. of Business and Globalisation Pages: 97-116 Issue: 1/2 Volume: 28 Year: 2021 Keywords: banks; mergers and acquisitions; M%As; event study; emerging market economies; emerging markets. File-URL: http://www.inderscience.com/link.php?id=115299 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:97-116 Template-Type: ReDIF-Article 1.0 Author-Name: Chee Yoong Liew Author-X-Name-First: Chee Yoong Author-X-Name-Last: Liew Author-Name: Young Kyung Ko Author-X-Name-First: Young Kyung Author-X-Name-Last: Ko Author-Name: Bee Lian Song Author-X-Name-First: Bee Lian Author-X-Name-Last: Song Author-Name: Saraniah Thechina Murthy Author-X-Name-First: Saraniah Thechina Author-X-Name-Last: Murthy Title: Directors' remuneration, expropriation and firm performance in Malaysia: evidence from non-executive directors' service duration within the remuneration committee Abstract: In emerging markets, the issue of directors' remuneration being used as an expropriation channel by controlling shareholders is a significant problem to be investigated. In this study, using the fixed effect method, we examine the relationship between directors' remuneration and firm performance, and tests whether independent directors' tenure within the remuneration committee moderates this relationship in a sample of Malaysian publicly-listed firms. We find that the directors' remuneration is not significantly associated with firm performance and hence, not used as a channel of expropriation by controlling shareholders. Our results also show that longer tenure of the independent directors within the remuneration committee is negatively related with firm value. However, when directors' remuneration increase simultaneously with the tenure of the independent directors within the remuneration committee, firm value increased. This increment is stronger in family firms compared to non-family firms. These findings may provide policy implications with respect to how the Securities Commission (SC) could design and implement proper rules and regulations to govern the tenure of the independent directors within the remuneration committee in East Asian emerging market firms where agency problem type II is prevalent and ownership is highly concentrated. Journal: Int. J. of Business and Globalisation Pages: 117-147 Issue: 1/2 Volume: 28 Year: 2021 Keywords: directors' remuneration; family firms; agency problems; Malaysia; corporate governance. File-URL: http://www.inderscience.com/link.php?id=115300 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:117-147 Template-Type: ReDIF-Article 1.0 Author-Name: Siti Hajar Hussein Author-X-Name-First: Siti Hajar Author-X-Name-Last: Hussein Author-Name: Suhal Kusairi Author-X-Name-First: Suhal Author-X-Name-Last: Kusairi Author-Name: Fathilah Ismail Author-X-Name-First: Fathilah Author-X-Name-Last: Ismail Title: The impact of educational tourism on economic growth: a panel data analysis Abstract: Since the early 21st century, the educational tourism sector has been growing rapidly especially in developing countries and it is one of the major sources of export in a number of developed countries. Therefore, the objective of this paper is to determine the impact of educational tourism on economic growth with controlling the impact of exports of goods and foreign direct investment. A panel dataset of 11 countries was selected as the main group in international education exporter for the years 2002-2017 and this study utilised static panel data analysis. The results found that educational tourism and exports have positive impact on economic growth. The study also found that there is a country specific effect through different constant. This study proved that other than exports of goods, certain countries can benefit from the educational tourism sector as the new engine of economic sustainability. Journal: Int. J. of Business and Globalisation Pages: 172-192 Issue: 1/2 Volume: 28 Year: 2021 Keywords: educational tourism; economic growth; panel data analysis. File-URL: http://www.inderscience.com/link.php?id=115301 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:172-192 Template-Type: ReDIF-Article 1.0 Author-Name: Tanusree Chakraborty Author-X-Name-First: Tanusree Author-X-Name-Last: Chakraborty Author-Name: Madhurima Ganguly Author-X-Name-First: Madhurima Author-X-Name-Last: Ganguly Author-Name: Nandita Mishra Author-X-Name-First: Nandita Author-X-Name-Last: Mishra Title: Social entrepreneurs' venture launch intention: exploring the role of cognitive determinants Abstract: The present paper tries to: 1) understand the cognitive determinants of the entrepreneurs who engage in business models in order to serve the poor; 2) see the role of altruism in social entrepreneurial venture launch; 3) check whether social entrepreneurs are generalists or specialists in their field. For this purpose the study takes a data triangulation approach. To capture different dimensions of the cognitive determinants of serving the poor, the study has employed interview method, focus group discussion and use of questionnaires. The study found that cognitive determinants studied in the present paper are guiding factors for developing a business model to help the poor, altruism has a moderating role on the relation between cognitive determinants and social venture launch, and that social entrepreneurs have a wide range of experience and generic knowledge in variety of fields as compared to specific knowledge in one area. Journal: Int. J. of Business and Globalisation Pages: 403-434 Issue: 4 Volume: 28 Year: 2021 Keywords: social entrepreneurship; social enterprise; cognitive determinants; altruism; cognitive ability; poor; entrepreneurs' knowledge; attributes; venture launch. File-URL: http://www.inderscience.com/link.php?id=117349 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:4:p:403-434 Template-Type: ReDIF-Article 1.0 Author-Name: Leonardus Wahyu Wasono Mihardjo Author-X-Name-First: Leonardus Wahyu Wasono Author-X-Name-Last: Mihardjo Author-Name: Sasmoko Author-X-Name-First: Author-X-Name-Last: Sasmoko Author-Name: Firdaus Alamsjah Author-X-Name-First: Firdaus Author-X-Name-Last: Alamsjah Author-Name: Elidjen Author-X-Name-First: Author-X-Name-Last: Elidjen Title: Role of customer experience in developing co-creation strategy and business model innovation: study on Indonesia telecommunication firms in facing Industry 4.0 Abstract: Industry 4.0 is driven by the significant influence of digital technology in the industry. Corporations are required to transform to provide customers experience services to sustain competitive advantages. The main drivers of Industry 4.0 are long-term innovations, especially for business model innovations integrating with vertical and horizontal capabilities and co-creation strategies, which are a collaborative strategy to grow together with customers and partners. Information communication and telecommunication (ICT) plays an important part in enabling the digital transformation. At this stage, research on business model innovations to transform organisation capabilities within the ICT industry is still very limited. This paper seeks to portray the conceptual model of ICT companies in transforming their business and organisation capabilities to face Industry 4.0 through co-creation strategies and business model innovations in Indonesian markets. This model of digital transformation was a suitable model for senior leaders to transform digital business capabilities and academics. Journal: Int. J. of Business and Globalisation Pages: 48-63 Issue: 1/2 Volume: 28 Year: 2021 Keywords: Industry 4.0; customer experience; co-creation strategy; business model innovation. File-URL: http://www.inderscience.com/link.php?id=115302 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:48-63 Template-Type: ReDIF-Article 1.0 Author-Name: Jugal Kishor Author-X-Name-First: Jugal Author-X-Name-Last: Kishor Title: Moderating role of entrepreneurial marketing in enhancing society through social entrepreneurship: an Indian perspective Abstract: Social entrepreneurship provides a platform for analysing and solving social issues such as illiteracy, unemployment, lack of staple goods, clean drinking water, health and medicine, sanitation, and educating society towards use of environment-friendly products. This study investigates the prevalence of social entrepreneurship activities that create a feeling among society to standardise its living. This study attempts to provide important inputs regarding the inclusion of marketing practices in social entrepreneurship. The current study elaborates on the marketing strategies being practiced by social entrepreneurs towards enhancing society. Furthermore, using a sample of 188 social entrepreneurs, it estimates the effectiveness of entrepreneurial marketing towards enhancing society through social entrepreneurship such as guerrilla marketing, buzz marketing, and viral marketing. Journal: Int. J. of Business and Globalisation Pages: 450-467 Issue: 4 Volume: 28 Year: 2021 Keywords: social entrepreneurship; guerrilla marketing; buzz marketing; viral marketing; entrepreneurial marketing. File-URL: http://www.inderscience.com/link.php?id=117350 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:4:p:450-467 Template-Type: ReDIF-Article 1.0 Author-Name: Hendry Hartono Author-X-Name-First: Hendry Author-X-Name-Last: Hartono Author-Name: Lasmy Lasmy Author-X-Name-First: Lasmy Author-X-Name-Last: Lasmy Author-Name: Ruby Dary Haniva Abduh Author-X-Name-First: Ruby Dary Haniva Author-X-Name-Last: Abduh Title: The effect of capacity building and service quality on SME's engagement to improve economic creativity in Subang Regency, Indonesia Abstract: SME plays an important role in the structure of the Indonesian economy, based on Bank Indonesia's 2016 report, the SME sector dominates 99.9% of business units in Indonesia and absorb almost 97% of the workforce. The government's concern is to continue to develop and empower SMEs to have good quality and able to compete in various regions. The purpose of this research is to know the influence of capacity building and service quality towards SMEs' engagement in improving creative economy in Indonesia. Data collection techniques were through questionnaires given to SMEs and then data were processed through software SPSS 20 using regression. The results show that capacity building for SMEs' engagement does not have a significant influence, while for the quality of service to SMEs' engagement has influence. Both have a significant influence on SMEs' engagement in improving the creative economy in Subang Regency, while service quality has a greater influence than capacity building. Journal: Int. J. of Business and Globalisation Pages: 193-205 Issue: 1/2 Volume: 28 Year: 2021 Keywords: service quality; capacity building; SMEs engagement. File-URL: http://www.inderscience.com/link.php?id=115303 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:193-205 Template-Type: ReDIF-Article 1.0 Author-Name: Apoorva Bhatnagar Author-X-Name-First: Apoorva Author-X-Name-Last: Bhatnagar Author-Name: V.K. Singh Author-X-Name-First: V.K. Author-X-Name-Last: Singh Title: Conscientiousness and social entrepreneurial vision: testing the moderating effect of family influence Abstract: The purpose of the study is to enhance our understanding about the influence of conscientiousness on social vision in Indian settings along with testing the moderating effect of family influence. The survey was conducted by sending online invitations to participate in the survey to respondents who lived in India. 250 people participated in the study, out of which 201 questionnaires were used for data analysis. Hierarchical multiple regression was conducted using the process developed by Andrew F. Hayes to test the hypotheses. The findings of the present study suggest that conscientiousness is a strong predictor of social vision in Indian settings. This study, further adds to the literature that family influence moderates the relationship between conscientiousness and social vision. Theoretical and practical implications of the findings are discussed. Journal: Int. J. of Business and Globalisation Pages: 435-449 Issue: 4 Volume: 28 Year: 2021 Keywords: social entrepreneurship; conscientiousness; family influence; social vision. File-URL: http://www.inderscience.com/link.php?id=117351 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:4:p:435-449 Template-Type: ReDIF-Article 1.0 Author-Name: Ricardo L. Dizon Author-X-Name-First: Ricardo L. Author-X-Name-Last: Dizon Author-Name: Melcah P. Monsura Author-X-Name-First: Melcah P. Author-X-Name-Last: Monsura Title: Do productivity incentives really equate to the increased work performance of employees? Abstract: The salary increase and the reward and recognition system were implemented to encourage productivity among workers by granting monetary and non-monetary rewards. However, uncertainties arise regarding the effectiveness and impact of these actions on driving higher employee performance. Hence, this study provided an analysis to address the issue of whether the implementation of the said system is a sufficient driver of employee performance. This study used a quantitative research design employing both descriptive in presenting the behaviour of the variables and inferential to determine the existing relationship between dependent and independent variables. The results of the study revealed that the implementation, as represented by explanatory variables such as performance-based incentives, real wage, interaction effects of performance-based incentives, and dummy variables of implementation, can statistically influence employee performance rating. Thus, it is recommended that policymakers of rewards and compensation systems must strengthen performance-based entitlement. Journal: Int. J. of Business and Globalisation Pages: 64-76 Issue: 1/2 Volume: 28 Year: 2021 Keywords: employee performance; performance-based incentives; real wage; labour productivity; work performance; panel regression; monetary rewards; non-monetary rewards; quantitative research; compensation. File-URL: http://www.inderscience.com/link.php?id=115304 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:64-76 Template-Type: ReDIF-Article 1.0 Author-Name: Kun Yang Author-X-Name-First: Kun Author-X-Name-Last: Yang Author-Name: Vigdis Boasson Author-X-Name-First: Vigdis Author-X-Name-Last: Boasson Title: Cross-border acquisitions and institutional distance: does country connectedness matter? Abstract: A cross-border acquisition involves not only overcoming the barriers of geographic distance but also institutional distance (ID). Although the existing literature has devoted considerable attention to various aspects of ID separately, there is little understanding of the potential interactions between the formal and informal aspects of ID. We examine the effects of these two aspects of ID simultaneously on cross-border acquisitions and test their interactions. Meanwhile, we study the traditionally neglected country-connectedness factor and examine its impact on the relationship between ID and cross-border M%As. Our results show that the formal and informal institutional distances do not have the same negative impact on the magnitude of cross-border M%As and that the country connectedness plays a vital role in influencing cross-border acquisitions and shortening ID between the dyadic countries. Our findings provide strategy implications for corporations engaged in cross-border acquisitions. Journal: Int. J. of Business and Globalisation Pages: 332-348 Issue: 3 Volume: 28 Year: 2021 Keywords: cross-border acquisitions; institutional distance; country connectedness; formal institutions; informal institutions. File-URL: http://www.inderscience.com/link.php?id=115560 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:3:p:332-348 Template-Type: ReDIF-Article 1.0 Author-Name: Shalini Shukla Author-X-Name-First: Shalini Author-X-Name-Last: Shukla Author-Name: Rakesh Kumar Author-X-Name-First: Rakesh Author-X-Name-Last: Kumar Title: Entrepreneurial intention for social cause: role of moral obligation, contextual support and barriers Abstract: Social entrepreneurs are the individuals who conceptualise the business idea through their commitment to serve the society for a specific cause. Venturing into a business, whether social or profit-oriented is primarily planned in nature and intentions are assumed to be a better predictor of planned behaviours. Thus, the present study attempts to analyse the significant factors affecting Indian student's intention towards social business venturing. A total of 314 college students of management and engineering courses of different educational institutes (colleges and universities) in North India were surveyed and data were analysed using structural equation modelling in Amos 22.0. Results indicated that perceived desirability was influenced by societal moral obligations and perceived contextual support, whereas perceived feasibility was affected by social support, contextual support and contextual barriers. Finally, perceived feasibility and perceived desirability emerged as significant determinants of social entrepreneurial intention. Societal moral obligation and social support were having no influence on intentions. The study produces some meaningful theoretical and practical implications for various stakeholders, including the government, academicians and NGOs working for enhancing the spirit of social welfare among the students. Journal: Int. J. of Business and Globalisation Pages: 367-387 Issue: 4 Volume: 28 Year: 2021 Keywords: business venturing; contextual barriers; entrepreneurial intention; perceived desirability; perceived feasibility social cause; social entrepreneurial intentions; social support. File-URL: http://www.inderscience.com/link.php?id=117352 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:4:p:367-387 Template-Type: ReDIF-Article 1.0 Author-Name: Nur Atiqah Rochin Demong Author-X-Name-First: Nur Atiqah Rochin Author-X-Name-Last: Demong Author-Name: Erne Suzila Kassim Author-X-Name-First: Erne Suzila Author-X-Name-Last: Kassim Author-Name: Noor'ain Mohamad Yunus Author-X-Name-First: Noor'ain Mohamad Author-X-Name-Last: Yunus Author-Name: Melissa Shahrom Author-X-Name-First: Melissa Author-X-Name-Last: Shahrom Author-Name: Sri Fatiany Abdul Kader Jailani Author-X-Name-First: Sri Fatiany Abdul Kader Author-X-Name-Last: Jailani Title: Issues and challenges in rebranding of Malaysian street markets Abstract: Street markets, including night and farmers' markets, are considered as a less formalised economic activity. While it is considered as the bottom of the retail pyramid, studies on street markets have found that a quite substantial number of advantages that strengthen the human and social interactions. In this paper, a case study was conducted to gather insights from stakeholders on the issues and challenges of rebranding street markets. Sets of interview were conducted to provide empirical inquiries. Sellers and frequent and irregular buyer groups were selected based on purposive sampling strategy as participants. Unstructured interviews were conducted that allows for probing the answers for more input. Findings of the interviews with the respective local council, and street market sellers and buyers reveal price non-standardisation, service quality, product preference, infrastructure, convenience and accessibility and sellers' resistance to change are the key issues. Journal: Int. J. of Business and Globalisation Pages: 206-217 Issue: 1/2 Volume: 28 Year: 2021 Keywords: street market; rebranding; open-air market; competitive advantage; retail market; Malaysia. File-URL: http://www.inderscience.com/link.php?id=115305 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:206-217 Template-Type: ReDIF-Article 1.0 Author-Name: Ben Q. Honyenuga Author-X-Name-First: Ben Q. Author-X-Name-Last: Honyenuga Title: Case study of a successful entrepreneur in the hotel industry in Ghana: lessons for African businesses Abstract: This paper presents a case study of a successful entrepreneur in the hotel industry in Ghana. The purpose is to document the opportunities and challenges as well as to celebrate the successes associated with indigenous African businesses and entrepreneurship. This is a case study research and due to the nature of the study a qualitative inductive approach was adopted and data was collected using key informant interviews coupled with participant and non-participant observations. The contribution of this paper lies in the lessons that could be drawn by current and future entrepreneurs and provides opportunity for future research on African businesses and entrepreneurship. Journal: Int. J. of Business and Globalisation Pages: 321-331 Issue: 3 Volume: 28 Year: 2021 Keywords: African business; entrepreneurship; hotel industry; hotel business; indigenous business. File-URL: http://www.inderscience.com/link.php?id=115561 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:3:p:321-331 Template-Type: ReDIF-Article 1.0 Author-Name: Anushree Tandon Author-X-Name-First: Anushree Author-X-Name-Last: Tandon Author-Name: Ashish Gupta Author-X-Name-First: Ashish Author-X-Name-Last: Gupta Author-Name: Gagan Katiyar Author-X-Name-First: Gagan Author-X-Name-Last: Katiyar Title: Motivations of social entrepreneurs: use of self-determination theory to gain insight into the Indian scenario Abstract: Social entrepreneurship is an emergent area of research which needs significant investigations for developing a definitive conceptualisation and to understand the inclusive effect of both cognitive processes and affective factors on entrepreneurial motivation and action. The issue is under-investigated in emerging economies such as India, especially in context of motivational factors precipitating growth of social entrepreneurship. This study uses fundamental tenets of self-determination theory and intrinsic motivation inventory to develop preliminary insights into components of intrinsic motivation driving social entrepreneurship in India. Findings indicate that significant research is needed to develop this concept in the Indian context. Journal: Int. J. of Business and Globalisation Pages: 388-402 Issue: 4 Volume: 28 Year: 2021 Keywords: social entrepreneurship; motivation; self-determination theory; SDT; India. File-URL: http://www.inderscience.com/link.php?id=117353 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:4:p:388-402 Template-Type: ReDIF-Article 1.0 Author-Name: Mukhlizul Hamdi Author-X-Name-First: Mukhlizul Author-X-Name-Last: Hamdi Author-Name: Desi Ilona Author-X-Name-First: Desi Author-X-Name-Last: Ilona Author-Name: Zaitul Author-X-Name-First: Author-X-Name-Last: Zaitul Title: Supervisory board and Indonesia's company internationalisation Abstract: This study aims to examine the role of supervisory board on internationalisation of Indonesia's listed companies. Based on the agency theory, supervisory board may improve the international company performance through company oversight. Specifically, this study investigates the effect of supervisory board composition, size, and expertise on international performance. The sample of this study is 61 manufacturing listed companies from 2012-2016 periods. The result shows that supervisory board composition has a positive and significant relationship with the company internationalisation. While, supervisory board size and expertise have no effect on company internationalisation. In addition, the company age and leverage also contribute to the internationalisation of companies. Journal: Int. J. of Business and Globalisation Pages: 148-160 Issue: 1/2 Volume: 28 Year: 2021 Keywords: supervisory board; internationalisation; Indonesia. File-URL: http://www.inderscience.com/link.php?id=115306 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:148-160 Template-Type: ReDIF-Article 1.0 Author-Name: Sunu Widianto Author-X-Name-First: Sunu Author-X-Name-Last: Widianto Author-Name: Angga Prawira Kautsar Author-X-Name-First: Angga Prawira Author-X-Name-Last: Kautsar Author-Name: Sriwidodo Author-X-Name-First: Author-X-Name-Last: Sriwidodo Author-Name: Rizky Abdulah Author-X-Name-First: Rizky Author-X-Name-Last: Abdulah Author-Name: Rakhma Ramadhina Author-X-Name-First: Rakhma Author-X-Name-Last: Ramadhina Title: Pro-environmental behaviour of healthcare professionals: a study applying theory of planned behaviour Abstract: The theory of planned behaviour (TPB) has widely been used to make prediction about intention and behaviour for technology adoption and medication therapy. However, it lacks of investigation to predict green behaviour of healthcare professionals. Accordingly, this cross-sectional study is conducted to predict healthcare professional community towards green behaviour in public hospitals in Karawang, Indonesia. With the assistance of the hospitals' human resource divisions, data are collected from 157 healthcare professionals, consisting of pharmacists, nurses, and physicians, by means of convenience sampling. Partial least square is used to test the model of TPB. The study finds that three TPB, namely attitude, subjective norm, and perceived behavioural control, are the significant predictors of intention of the healthcare professionals towards green behaviours in their work setting. Journal: Int. J. of Business and Globalisation Pages: 219-232 Issue: 3 Volume: 28 Year: 2021 Keywords: theory of planned behaviour; TPB; pro-environmental behaviour; healthcare professional. File-URL: http://www.inderscience.com/link.php?id=115562 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:3:p:219-232 Template-Type: ReDIF-Article 1.0 Author-Name: Smriti Pande Author-X-Name-First: Smriti Author-X-Name-Last: Pande Author-Name: Ruby Sengar Author-X-Name-First: Ruby Author-X-Name-Last: Sengar Author-Name: Narendra Singh Chaudhary Author-X-Name-First: Narendra Singh Author-X-Name-Last: Chaudhary Title: Barriers and drivers of social entrepreneurship: a qualitative insight from Indian social entrepreneurs Abstract: This study is aiming towards the exploration of factors that motivate an individual to become a social entrepreneur. It also highlights the various approaches used to overcome the challenges faced by them leading to sustainable social ventures. The study draws upon qualitative data by conducting structured interviews using interpretative phenomenological analysis (IPA) technique with 15 social entrepreneurs. It identified many challenges such as financial, social, etc. that come in the way of becoming a social entrepreneur. There are motivators identified like satisfaction, passion, support, and impact on society that keep the spirits high of a social entrepreneur despite so many challenges faced. The study also identifies ways to ensure the sustainability of social enterprises. This research makes a significant contribution by highlighting the challenges faced by Indian social entrepreneurs who have been neglected in the literature and recognising the factors that keep them motivated. This study is useful not only for the individuals who are to pursue their idea of helping the society but also for the external bodies like government and stakeholders, in order to create a supportive environment for this emerging sector. Journal: Int. J. of Business and Globalisation Pages: 351-366 Issue: 4 Volume: 28 Year: 2021 Keywords: social entrepreneurs; motivators; interpretative phenomenological analysis; IPA; social entrepreneurship; India. File-URL: http://www.inderscience.com/link.php?id=117354 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:4:p:351-366 Template-Type: ReDIF-Article 1.0 Author-Name: Amit Mittal Author-X-Name-First: Amit Author-X-Name-Last: Mittal Author-Name: Pawan Kumar Chand Author-X-Name-First: Pawan Kumar Author-X-Name-Last: Chand Author-Name: Aditya Rahul Author-X-Name-First: Aditya Author-X-Name-Last: Rahul Title: A framework for selection of global in-house centres outsourcing destinations in India Abstract: The purpose of this paper is to examine the relative competitiveness of major Indian information technology hubs, namely Bangalore, Hyderabad and Pune. The comparison is based on key factors, namely <i>manpower</i>, <i>technology</i>, <i>social</i>, <i>hedonistic</i>, <i>industrial-site</i>, <i>economic</i> and <i>governmental</i> in the selection of global in-house centres for information technology and information technology enabled services [GIC (IT/ITES)] outsourcing destinations in India. The research study is based on a descriptive research design based on a purposive survey of 387 employees working in GICs (IT/ITES) in India. Data was collected by administering a structured questionnaire and analysed using structure equation modelling. The findings of the study which are drawn from a comparison among Bangalore, Hyderabad and Pune indicate that Bangalore is still the highest rated destination followed by Hyderabad at second place and Pune at third position in the selection of the most preferred location for GICs (IT/ITES) in India. Journal: Int. J. of Business and Globalisation Pages: 233-261 Issue: 3 Volume: 28 Year: 2021 Keywords: global in-house centres; GICs; information technology and information technology enabled service; IT/ITES; Indian IT hubs; structural equation modelling; SEM; India. File-URL: http://www.inderscience.com/link.php?id=115563 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:3:p:233-261 Template-Type: ReDIF-Article 1.0 Author-Name: Gurinder Singh Author-X-Name-First: Gurinder Author-X-Name-Last: Singh Author-Name: Vikas Garg Author-X-Name-First: Vikas Author-X-Name-Last: Garg Author-Name: Shalini Srivastav Author-X-Name-First: Shalini Author-X-Name-Last: Srivastav Title: Ecotourism in India: social trends and pathways on sustainable tourism and eco-travelling Abstract: India is a developing country and has remarkable growth in various sectors including nature-based tourism as the government is working a lot on eco-tourism activities. Based on various current researches, there is both qualitative and quantitative analysis which is based on various ideas and reviews of various eco-tourists in India which has the main idea to identify the research gap and also to discuss various reasons to implement ecotourism in India. By past trends, it is found out that by research we can analyse both positive and negative aspects of mass tourism which also results in its impact on all the areas and has come out as a highlighted research area that needs to be looked upon. We have tried to find out the research gap in the basic principles of eco-tourism and encouraged suggestions, recommendations, and limitations in this area of work. Journal: Int. J. of Business and Globalisation Pages: 468-480 Issue: 4 Volume: 28 Year: 2021 Keywords: community-based tourism; conservation planning; ecotourism; India; protected areas; wildlife. File-URL: http://www.inderscience.com/link.php?id=117355 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:4:p:468-480 Template-Type: ReDIF-Article 1.0 Author-Name: Kim Anne Menezes Author-X-Name-First: Kim Anne Author-X-Name-Last: Menezes Author-Name: Suku Bhaskaran Author-X-Name-First: Suku Author-X-Name-Last: Bhaskaran Author-Name: Guljemal Durdyeva Author-X-Name-First: Guljemal Author-X-Name-Last: Durdyeva Title: Global high-value luxury brands manufactured domestically: customer beliefs and attitudes in low-income emerging economies Abstract: Faced with market saturation in developed countries, high-value luxury brand manufacturers are aggressively targeting populous emerging economies. Market development in these low incomes countries has been slow. Local production could reduce costs, improve price competitiveness and accelerate market development. However, customer proclivity to associate quality with a country's level of economic and technological advancement, symbolism associated with consuming imported brands and ethnocentric beliefs could constrain market development. Using car purchases by affluent customers in India as a surrogate indicator, this study analyses customer beliefs and attitudes towards high value luxury brand purchases manufactured domestically. The results reveal that customers are influenced by 'country-of-brand origin' rather than 'country-of-manufacture' or 'country-of-assembly' and do not have ethnocentric beliefs and attitudes. Consequently, high value developed country luxury brands can be manufactured and successfully marketed in low-income countries such as India. Journal: Int. J. of Business and Globalisation Pages: 262-278 Issue: 3 Volume: 28 Year: 2021 Keywords: luxury brands; customer beliefs; customer attitudes; market opportunities; low-income country; product choice; emerging economy; India. File-URL: http://www.inderscience.com/link.php?id=115564 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:3:p:262-278 Template-Type: ReDIF-Article 1.0 Author-Name: Şenay Sahil Ertan Author-X-Name-First: Şenay Sahil Author-X-Name-Last: Ertan Author-Name: Gözde Inal-Cavlan Author-X-Name-First: Gözde Author-X-Name-Last: Inal-Cavlan Title: Work-life balance coping strategies of self-employed women: the case of nursing homes owners in Northern Cyprus Abstract: The purpose of this paper is to explore the work-life balance (WLB) coping strategies of self-employed women in nursing home businesses in Northern Cyprus. A phenomenological qualitative approach to research is adopted and semi-structured face to face interviews are conducted with five women business owners of privately owned nursing homes. Three main themes emerged from the data analysis; extending family with aged care employees<SUP align="right"><SMALL>1</SMALL></SUP> and elderly people;<SUP align="right"><SMALL>2</SMALL></SUP> prioritisation versus let it go strategy; and setting up a business to achieve flexibility to manage work-life. The present study is the first to examine WLB coping strategies of women business owners in the nursing home sector in Northern Cyprus context. The study provides valuable contributions to work-family literature on the variety of strategies women used to achieve work-life balance in nursing homes by highlighting the contextual factors. Journal: Int. J. of Business and Globalisation Pages: 279-303 Issue: 3 Volume: 28 Year: 2021 Keywords: women business owners; Northern Cyprus; nursing homes; work-life balance coping strategies. File-URL: http://www.inderscience.com/link.php?id=115565 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:3:p:279-303 Template-Type: ReDIF-Article 1.0 Author-Name: Dominic Azuh Author-X-Name-First: Dominic Author-X-Name-Last: Azuh Author-Name: Uchechukwu E. Okorie Author-X-Name-First: Uchechukwu E. Author-X-Name-Last: Okorie Author-Name: Obindah Gershon Author-X-Name-First: Obindah Author-X-Name-Last: Gershon Author-Name: Akunna Ebere Azuh Author-X-Name-First: Akunna Ebere Author-X-Name-Last: Azuh Author-Name: Oluwatoyin Matthew Author-X-Name-First: Oluwatoyin Author-X-Name-Last: Matthew Title: Economic and demographic effects of monetary policy instruments on growth Abstract: Using vector error correction model (VECM), the paper answers two questions: is there a long-run relationship between monetary policy instruments and economic growth? What is the nature of the relationship and what other factors influence it? The results of Johansen and Juselius multivariate co-integration procedure suggest a long run equilibrium relationship between monetary policy rates, money supply; cash reserve ratio, financial development and economic growth. Increased monetary policy rate (MPR) in one period contracts economic growth ceteris paribus. It is found, however, that due to demographic factors and existence of informal sector, monetary policy instruments are less effective. It is recommended that concerted effort be made towards effective allocation of credits to economic activities linked directly to the productive base of the economy for sustainable economic growth. In addition, concessionary tax instruments and incentives - like holidays and credits - for emerging SMEs are recommended. Given additional demographic data, it will be interesting to show how the results relate to the size of the informal sector and the population. This opens up the discourse and justifies the need for further empirical analysis of this issue. Journal: Int. J. of Business and Globalisation Pages: 304-320 Issue: 3 Volume: 28 Year: 2021 Keywords: demography; economic growth; monetary policy instrument; informal sector; Nigeria. File-URL: http://www.inderscience.com/link.php?id=115566 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:28:y:2021:i:3:p:304-320 Template-Type: ReDIF-Article 1.0 Author-Name: Long Q. Tran Author-X-Name-First: Long Q. Author-X-Name-Last: Tran Author-Name: Quan H.M. Tran Author-X-Name-First: Quan H.M. Author-X-Name-Last: Tran Title: Entrepreneurial attitude orientations and entrepreneurial intention of Vietnamese adults: the moderating role of sources of capital Abstract: Entrepreneurship has drawn a great deal of attention and become the topic of discussion among government leaders, academic scholars, business practitioners, and the like, in Vietnam, an emerging economy in Southeast Asia. This study examines the impacts of entrepreneurial attitude orientations (EAO) on entrepreneurial intention (EI) of Vietnamese adults. It also investigates the moderating role of sources of capital on the relationship between EAO and EI. Using the EAO instrument including achievement, self-esteem, innovation, and personal control developed by Robinson et al. (1991) and the EI instrument developed by Linan and Chen (2009), the authors surveyed 337 Vietnamese adults and found some significant results. Achievement, self-esteem, and innovation were found to have significant impacts on EI. In addition, sources of capital including savings, borrowing and sharing were found to be moderating the relationship between EAO and EI. Journal: Int. J. of Business and Globalisation Pages: 355-384 Issue: 3 Volume: 27 Year: 2021 Keywords: entrepreneurial attitude orientations; EAO; entrepreneurial intention; moderating role; sources of capital; Vietnam. File-URL: http://www.inderscience.com/link.php?id=113272 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:3:p:355-384 Template-Type: ReDIF-Article 1.0 Author-Name: Nguyen Thi Tuong Anh Author-X-Name-First: Nguyen Thi Tuong Author-X-Name-Last: Anh Author-Name: Doan Quang Hung Author-X-Name-First: Doan Quang Author-X-Name-Last: Hung Author-Name: Nam Hoang Vu Author-X-Name-First: Nam Hoang Author-X-Name-Last: Vu Author-Name: Bui Anh Tuan Author-X-Name-First: Bui Anh Author-X-Name-Last: Tuan Title: Does lowering entry cost counter the persistence of zombie firms? Abstract: How to deal with zombie firms, which are inefficient but still surviving, is an important question that needs to be addressed by all countries. Using longitudinal data of enterprises and local business environment in a transition economy, this study shows that reducing entry costs to facilitate competition in the market is a key to drive out the persistence of being zombies, which typically characterises a large number of state-owned and foreign invested firms in transition economies. The study further reveals that the strategy to remove persistence of zombie firms by lowering entry costs in the market is effective for enterprises in manufacturing industries, while it is not in non-manufacturing industries. Journal: Int. J. of Business and Globalisation Pages: 333-354 Issue: 3 Volume: 27 Year: 2021 Keywords: zombie firms; persistence; entry costs; ownership; Vietnam. File-URL: http://www.inderscience.com/link.php?id=113273 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:3:p:333-354 Template-Type: ReDIF-Article 1.0 Author-Name: Kien Cao Author-X-Name-First: Kien Author-X-Name-Last: Cao Author-Name: Thao Tran Author-X-Name-First: Thao Author-X-Name-Last: Tran Author-Name: Thuy Nguyen Author-X-Name-First: Thuy Author-X-Name-Last: Nguyen Title: Corporate governance and financial misstatement: evidence from Vietnam Abstract: This study examines the influence of corporate governance on the likelihood of financial misstatement in Vietnam. Given the unique setting in Vietnam, financial misstatement information is manually collected from income statement figures in the reporting period between the pre-audit/pre-review date and post-audit/post-review date. The results indicate that, among various corporate governance variables, only ownership structure influences the likelihood of financial misstatement in Vietnam. Specifically, the state ownership has a positive impact and the foreign ownership has a negative impact on the likelihood of financial misstatement. The results indicate that, in a weak corporate governance structure, the participation of foreign investors has a huge impact in controlling the correctness of financial statements. Journal: Int. J. of Business and Globalisation Pages: 385-402 Issue: 3 Volume: 27 Year: 2021 Keywords: corporate governance; ownership structure; financial misstatement; Vietnam. File-URL: http://www.inderscience.com/link.php?id=113274 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:3:p:385-402 Template-Type: ReDIF-Article 1.0 Author-Name: Matanya Gill Author-X-Name-First: Matanya Author-X-Name-Last: Gill Title: A cultural biography of pearls in the Ilkhanate (1260-1335) Abstract: Pearls, like other luxury goods, were very popular among the Mongols and other affluent societies. The trade in pearls flourished under the Mongols, especially during the time of the Ilkhanate (the Mongol state that ruled over approximately present-day Iran and Iraq, c. 1260-1335). This paper aims to explore the importance of the role of pearls as luxurious animal products in the Ilkhanate by creating a cultural biography of pearls. This cultural biography of Ilkhanid pearls, based mainly on prosopographical analysis of the biographical data obtained regarding merchants who operated in the Ilkhanate, together with information on pearls in other contemporaneous sources and secondary literature, will analyse the cycles of production, trade and consumption, highlighting the following issues: pearls as a unique animal product, pearls as instrumental in shaping trade routes, and the impact of pearls on the personal careers of merchants in different contexts of the Ilkhanate. Journal: Int. J. of Business and Globalisation Pages: 171-183 Issue: 2 Volume: 27 Year: 2021 Keywords: pearls Indian Ocean; Mongol Empire; global trade; maritime silk road. File-URL: http://www.inderscience.com/link.php?id=113275 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:2:p:171-183 Template-Type: ReDIF-Article 1.0 Author-Name: Ho Thuy Ngoc Author-X-Name-First: Ho Thuy Author-X-Name-Last: Ngoc Author-Name: Bui Anh Tuan Author-X-Name-First: Bui Anh Author-X-Name-Last: Tuan Author-Name: Nguyen Van Duy Author-X-Name-First: Nguyen Van Author-X-Name-Last: Duy Author-Name: Dao Trung Kien Author-X-Name-First: Dao Trung Author-X-Name-Last: Kien Author-Name: Nguyen Ngoc Dat Author-X-Name-First: Nguyen Ngoc Author-X-Name-Last: Dat Title: Impact of foreign direct investment and urbanisation on CO2 emissions in Vietnam Abstract: Vietnam is considered one of the countries mostly affected by climate change due to CO<SUB align="right"><SMALL>2</SMALL></SUB> emissions. Urbanisation and foreign direct investment have been argued to be main causes. This study examines the impact of foreign direct investment and urbanisation on CO<SUB align="right"><SMALL>2</SMALL></SUB> emissions in Vietnam by applying the autoregressive distributed lag (ARDL) model, testing reliability and correcting model. The research data was collected from the World Bank's tracking database between 1985 and 2016. The causal relationship among variables shows the impacts in short run and long run are different. We find that the relation between urbanisation and CO<SUB align="right"><SMALL>2</SMALL></SUB> emissions has changed from U-shaped in short-term with the optimal lag 2 into inverse U-shape in long-term. We realise that foreign direct investment is positively related to CO<SUB align="right"><SMALL>2</SMALL></SUB> emission in short run while there is no such effect in the long run. Conclusions and policy implication for Vietnam are given accordingly. Journal: Int. J. of Business and Globalisation Pages: 313-332 Issue: 3 Volume: 27 Year: 2021 Keywords: CO2 emissions; foreign direct investment; FDI; GDP; urbanisation. File-URL: http://www.inderscience.com/link.php?id=113276 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:3:p:313-332 Template-Type: ReDIF-Article 1.0 Author-Name: Reeti Agarwal Author-X-Name-First: Reeti Author-X-Name-Last: Agarwal Author-Name: Ankit Mehrotra Author-X-Name-First: Ankit Author-X-Name-Last: Mehrotra Title: SEM approach to understanding m-commerce use in a developing country Abstract: In the preceding years, substantial increase in the total of people using smart phones in India. This trend has resulted in customers carrying out more of their daily activities over a mobile phone. Deeper penetration and use of smartphones by Indians puts forth an immense potential for m-commerce industry in India. For their m-commerce strategies to be successfully leveraged, companies should understand how m-commerce is perceived by their target customers and identify factors which affect customers' use of m-commerce. Sample for the study consisted of 519 customers. Based on the responses, a structural equation model was developed wherein perceived ease of use, perceived usefulness, personal innovativeness and social influence were established to be influencing customers' current use behaviour of m-commerce. Current use behaviour significantly affected customers' intention of future use. The relationship between current use behaviour and intention of future use was influenced by age (used as a control variable). Journal: Int. J. of Business and Globalisation Pages: 403-423 Issue: 3 Volume: 27 Year: 2021 Keywords: mobile commerce; m-commerce; confirmatory factor analysis; CFA; structural equation modelling; SEM; control variable; intention of future use; current use behaviour; CUB. File-URL: http://www.inderscience.com/link.php?id=113277 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:3:p:403-423 Template-Type: ReDIF-Article 1.0 Author-Name: Ben Bulmash Author-X-Name-First: Ben Author-X-Name-Last: Bulmash Title: Objecting authority: a multi-cultural assessment of non-capitalistic work values Abstract: Organisations in developed countries are often submerged in capitalistic ideals, where the 'bottom line' mentality promoted by leading financial institutions direct all decision making and work activities. Individuals, nonetheless, may choose jobs and employers, and be motivated to work for a variety of reasons that may not correspond to corporate capitalistic ideals. Although individuals may not be fully aware of their incongruent needs and values, these preferences nonetheless could entail potentiality for work disruptions in the form of everyday resistance. In this work, I study the relationship between employees' organisational fit based on capitalistic ideals and attitude toward following supervisor's work instructions in five OECD countries. Workers' responses depict a workforce in which non-capitalistic ideals strongly compete with the capitalistic value system. Employees' value incongruence shows to result in undesirable organisational outcomes, which according to the study findings, could possibly be avoided by organisations and societies as a whole. Journal: Int. J. of Business and Globalisation Pages: 451-466 Issue: 4 Volume: 27 Year: 2021 Keywords: capitalism; non-capitalistic work values; obedience; authority; person-organisation fit; resistance; OECD; value congruence. File-URL: http://www.inderscience.com/link.php?id=113789 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:4:p:451-466 Template-Type: ReDIF-Article 1.0 Author-Name: M.S. Indira Author-X-Name-First: M.S. Author-X-Name-Last: Indira Title: Optimised business model for effective charging of batteries in electric vehicles Abstract: Electric vehicles are the future of sustainable green transportation system with an emerging market due to the aggressive policy by the governments' world over on clean green energy initiatives to reduce the carbon foot print. The research is mainly concentrated on batteries: material, health monitoring and charging systems. Installation of superfast battery charging gear in large numbers is required to alleviate the range anxiety of the EV owners. The proposed business model is based on the database of users and batteries maintained at a centralised battery swapping management system (CBSMS), a smart battery rapid-tester, local load management system, battery bank and a solar photovoltaic grid integrated/standalone system or a mobile unit for battery charging and swapping. This technically and economically feasible model reduces the peak demand on the grid and rating of BESS in standalone SPV charging infrastructure leading to fast penetration of EV into the transportation system. Journal: Int. J. of Business and Globalisation Pages: 424-437 Issue: 3 Volume: 27 Year: 2021 Keywords: electric vehicles; range anxiety syndrome; battery health; battery charging stations; fast charging ports; battery swapping business model; smart battery rapid tester; SPV system for EV; electric highways; dynamic charging; sustainable green transportation. File-URL: http://www.inderscience.com/link.php?id=113278 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:3:p:424-437 Template-Type: ReDIF-Article 1.0 Author-Name: Martin Sposato Author-X-Name-First: Martin Author-X-Name-Last: Sposato Title: Historical developments in paternalistic leadership in China Abstract: This article critically reviews the historical development in the literature that provided the basis for the establishment of the Chinese version of paternalistic leadership, the most popular, well researched and better established indigenous Chinese theory of leadership. This article centres on the earlier theoretical and conceptual developments of the theory to establish how the current conceptualisations of paternalistic leadership originated. Furthermore, suggestions for further research avenues are presented for scholars to address and further advance the knowledge in the field of leadership in a Chinese cultural environment; arguably, the main limitation of the current conceptualisations of paternalist leadership is that it does not account for the roles of women in leadership positions. Journal: Int. J. of Business and Globalisation Pages: 467-477 Issue: 4 Volume: 27 Year: 2021 Keywords: leadership; paternalistic leadership; historical development; business; management; China. File-URL: http://www.inderscience.com/link.php?id=113790 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:4:p:467-477 Template-Type: ReDIF-Article 1.0 Author-Name: Martin Sposato Author-X-Name-First: Martin Author-X-Name-Last: Sposato Title: Gender and paternalistic leadership in a Chinese cultural context, a critical review, and future research trajectories Abstract: This article critically reviews paternalistic leadership in Chinese cultural societies. This paper highlights the omission of gender elements in the conceptualisation, consequently leading to a male bias understanding of leadership in a Chinese cultural context. A critical review of the literature is presented, based on historical developments of the indigenous Chinese model of paternalistic leadership, a conceptualisation with roots in Confucian doctrine, and on the traditional gender roles in society but that ultimately does not account for social changes. This review summarises the main contributions to the literature and its findings, critically analysing its limitations. Research trajectories are suggested as a way to further research on paternalistic leadership, most notable being the gender bias problems that the paternalism has and its need for a modern update. A post-colonial feminist approach is suggested as a complement for the limitations of paternalistic leadership, as well as for its contextualisation in non-western societies. Journal: Int. J. of Business and Globalisation Pages: 438-449 Issue: 3 Volume: 27 Year: 2021 Keywords: paternalistic leadership; China; leadership; post-colonial feminism; female leadership. File-URL: http://www.inderscience.com/link.php?id=113279 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:3:p:438-449 Template-Type: ReDIF-Article 1.0 Author-Name: Salman Ali Author-X-Name-First: Salman Author-X-Name-Last: Ali Title: Do firms perform better during re-internationalisation? Abstract: Re-internationalisation, or firms' re-entry into internationalisation after they had completely abandoned all their previous internationalisation efforts, is a less explored phenomenon. In this paper, we discuss findings from an empirical study that compares performance of re-internationalised Indian firms during re-internationalisation period as against during initial internationalisation period by using both primary and secondary data. Results from a survey administered among top-level managers of the re-internationalised firms indicated that firm performance during re-internationalisation is better and significant than during initial internationalisation. Results from the analysis of secondary data using various financial indicators of performance corroborated the findings from the survey results. Being the first among its kind, we expect this study sets a foundation for researchers to delve into deeper questions. This study also bears implications for practitioners on formulation of their strategies of internationalisation and re-internationalisation and for policymakers designing regulatory policies and subventions related to firm internationalisation and re-internationalisation. Journal: Int. J. of Business and Globalisation Pages: 492-504 Issue: 4 Volume: 27 Year: 2021 Keywords: internationalisation; de-internationalisation; re-internationalisation; firm performance; financial performance; organisational learning; international experience; organisational networks; India; triangulation; survey data; secondary data. File-URL: http://www.inderscience.com/link.php?id=113791 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:4:p:492-504 Template-Type: ReDIF-Article 1.0 Author-Name: Ainsley Granville Andre Jorge Bernard Author-X-Name-First: Ainsley Granville Andre Jorge Author-X-Name-Last: Bernard Title: Index mutual fund schemes in India: a performance analysis Abstract: Mutual funds exhibit a very dynamic nature and play a vital role in the economy by helping to mobilise savings of small investors and channelising it to the capital markets thereby having short-run as well as long-term impact on the savings rate, the stock market and the national economy. Mutual funds have opened up new avenues to investors and also brought liquidity in the investment arena thereby being transformational to the financial system in India. This study attempts to measure the risk-return profile of select index funds, evaluate their performance and make a comparative analysis with the benchmark Nifty 50. Ten index mutual fund schemes of various asset management companies were considered for the study. Nifty 50 was considered as the benchmark since it is widely considered to be the best representative of the stock market performance in India. The findings may be useful for mutual fund houses, investors and other stakeholders. Journal: Int. J. of Business and Globalisation Pages: 505-512 Issue: 4 Volume: 27 Year: 2021 Keywords: mutual funds; index funds; asset management companies; Nifty 50; India. File-URL: http://www.inderscience.com/link.php?id=113792 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:4:p:505-512 Template-Type: ReDIF-Article 1.0 Author-Name: Thanh Tung Hoang Author-X-Name-First: Thanh Tung Author-X-Name-Last: Hoang Author-Name: Thi Van Anh Nguyen Author-X-Name-First: Thi Van Anh Author-X-Name-Last: Nguyen Title: The impacts of money policy on growth and inflation in Vietnam: results from the VAR model Abstract: In the article, based on empirical research using the VAR model, the authors examine the influence of monetary policy on growth and inflation in Vietnam in the period 2008-2017. The results show that, when applying broad monetary policy, interest rates will reduce, the currency devaluated in the first quarter in accordance with the theory. CPI remained unchanged in the first quarter then rose in the next quarter, output declined slightly in the first quarter and then rose in the next quarter, then reversed and fluctuated little, which may be explained by the delay in policy enforcement. The model results also confirm that past inflation plays an important role in determining inflation in Vietnam. Therefore, the government and the State Bank of Vietnam need to maintain the target of inflation control, thus contributing to macroeconomic stability and rational growth support. Journal: Int. J. of Business and Globalisation Pages: 293-312 Issue: 3 Volume: 27 Year: 2021 Keywords: monetary policy; economic growth; inflation; credit; money supply; Vietnam. File-URL: http://www.inderscience.com/link.php?id=113281 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:3:p:293-312 Template-Type: ReDIF-Article 1.0 Author-Name: Sandeep Puri Author-X-Name-First: Sandeep Author-X-Name-Last: Puri Author-Name: Anam Qamar Author-X-Name-First: Anam Author-X-Name-Last: Qamar Author-Name: Shalki Goyal Author-X-Name-First: Shalki Author-X-Name-Last: Goyal Title: Private labels and national brands: the case of India Abstract: The consumer perception towards private labels is changing and private labels are gaining acceptance especially in segments like food and apparel which are growing at a faster rate. Private labels have emerged as a key weapon for retailers and have started to play a vital role in the battle for control of the distribution channel and customer loyalty. Retailers are increasingly strengthening their private label portfolios to enhance margins and provide greater differentiation to the customers on the selling floor. This conceptual paper looks at the factors driving the growth of private labels in India. The paper also analyses the prospects of private labels in India. Journal: Int. J. of Business and Globalisation Pages: 513-523 Issue: 4 Volume: 27 Year: 2021 Keywords: private labels; national brands; retailing; food and grocery. File-URL: http://www.inderscience.com/link.php?id=113793 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:4:p:513-523 Template-Type: ReDIF-Article 1.0 Author-Name: Muhammad Khalique Author-X-Name-First: Muhammad Author-X-Name-Last: Khalique Author-Name: T. Ramayah Author-X-Name-First: T. Author-X-Name-Last: Ramayah Author-Name: Jamal Abdul Nassir Bin Shaari Author-X-Name-First: Jamal Abdul Nassir Bin Author-X-Name-Last: Shaari Title: Intellectual entrepreneurship and future success of Pakistani SMEs Abstract: In contemporary business environment, the small and medium enterprises (SMEs) are facing complex and multifaceted challenges to sustain and achieve competitive edge in the ever-increasing knowledge-based economy. In the beginning of the 21st century, the paradigm of the national and international business has entered into the age of distrust, discontinuity and uncertainty because of globalisation, technological advancement, innovation and internet. In this economy, the most vital component of the success for SMEs is intellectual entrepreneurship. Intellectual entrepreneurship is considered as the silver bullet to address the long-standing challenges, survival and success of SMEs. The objective of this study is to address the conceptual theme and define the term intellectual entrepreneurship in business perspective. To the best of our knowledge, this is the first study that addresses the importance of intellectual entrepreneurship and purposes its definition. Moreover, this paper wishes to highlight the practical challenges of Pakistani high-tech SMEs. Journal: Int. J. of Business and Globalisation Pages: 524-535 Issue: 4 Volume: 27 Year: 2021 Keywords: intellectual entrepreneurship; high-tech SMEs; practical challenges; knowledge customers; business success; Pakistan. File-URL: http://www.inderscience.com/link.php?id=113794 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:4:p:524-535 Template-Type: ReDIF-Article 1.0 Author-Name: Pavleen Soni Author-X-Name-First: Pavleen Author-X-Name-Last: Soni Author-Name: Renu Bhardwaj Author-X-Name-First: Renu Author-X-Name-Last: Bhardwaj Title: Assessing loyalty program service quality of departmental stores in India Abstract: Effectiveness of loyalty programs in fostering repeat patronage depend upon on its design as well as on service quality. The present study seeks to explore loyalty program service quality offered by departmental stores in India and to explore as to how it varies across demographics and personal consumer factors. Scale developed by Omar and Musa (2011) has been adapted to measure perceived LPSQual. The target respondents for this study are people residing in Delhi. A usable response of 741 respondents has been acquired through structured questionnaire. Data have been analysed through descriptive statistics, confirmatory factor analysis and regression analysis using SPSS 19.0 and AMOS 19.0. The findings of the present shed light on demographic and personal variables affecting perceptions of customers regarding LPSQual. Some important observations have also been made about findings of interaction analysis which throw light on the role of important predictors in influencing perceived LPSQual. Journal: Int. J. of Business and Globalisation Pages: 536-552 Issue: 4 Volume: 27 Year: 2021 Keywords: loyalty program service quality; LPSQual; departmental stores; loyalty programs; India. File-URL: http://www.inderscience.com/link.php?id=113795 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:4:p:536-552 Template-Type: ReDIF-Article 1.0 Author-Name: Thi Nguyet Que Nguyen Author-X-Name-First: Thi Nguyet Que Author-X-Name-Last: Nguyen Author-Name: Quan Ha Minh Tran Author-X-Name-First: Quan Ha Minh Author-X-Name-Last: Tran Title: Learning organisation and organisational commitment: evidence in the Vietnamese banking sector Abstract: Despite the vast literature on the relationship between learning organisation and firm performance, very little is known about the extent to which learning organisation contributes to organisational commitment, particularly in the context of transitional economies such as Vietnam. Our study aims to fill out this research gap by shedding new insights about the relative importance of individual dimensions of learning organisation in affecting organisational commitment in the Vietnamese banking sector. We find that all dimensions of learning organisation except inquiry and dialogue, which include continuous learning, inquiry and dialogue, team learning and collaboration, empowerment, embedded system, system connection, and strategic leadership for learning, are the key drivers of organisational commitment. Interestingly, at the organisational level of learning embedded systems, system connection, and strategic leadership are likely stronger drivers of organisational commitment than that of empowerment. Comparisons across all levels of learning suggest that strategic leadership is more important than team learning and collaboration, which is in turn relatively stronger than empowerment, while embedded system is better than continuous learning in contributing to organisational commitment. We discuss the implications for theory and practice, and suggest directions for future research. Journal: Int. J. of Business and Globalisation Pages: 553-570 Issue: 4 Volume: 27 Year: 2021 Keywords: learning organisation dimensions; organisational commitment; transitional economies; Vietnam. File-URL: http://www.inderscience.com/link.php?id=113796 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:4:p:553-570 Template-Type: ReDIF-Article 1.0 Author-Name: Shrabanti Maity Author-X-Name-First: Shrabanti Author-X-Name-Last: Maity Author-Name: Krishna Singh Author-X-Name-First: Krishna Author-X-Name-Last: Singh Title: Frontier production functions, technical efficiency and panel data: with application to tea gardens in India Abstract: The paper attempts to analyse the efficiency of tea gardens across Assam and West Bengal of India for the period of 2004-2013. The stochastic frontier approach has been applied to estimate the efficiency of large, medium and small tea gardens. Estimated results reveal that the proper training of the labourer, utilisation of the available land and modernisation of the machinery may increase the output of the tea gardens. The study concludes that there is intra-state, as well as inter-state variation in the efficiency of the tea gardens over time and no concrete relation, is found between garden size and efficiency. Journal: Int. J. of Business and Globalisation Pages: 571-591 Issue: 4 Volume: 27 Year: 2021 Keywords: stochastic production frontier; technical efficiency; tea gardens; panel data; time-varying random effects model. File-URL: http://www.inderscience.com/link.php?id=113797 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:4:p:571-591 Template-Type: ReDIF-Article 1.0 Author-Name: Mohammed Babagana Shettima Author-X-Name-First: Mohammed Babagana Author-X-Name-Last: Shettima Title: Sustainability of micro, small and medium enterprise policies in Nigeria Abstract: It is a clear fact that the MSMEs contribute tremendously to the growth and development of every nation and Nigeria is not an exception. Almost all countries assist its MSMEs to a large extent and this assistance usually comes in the form of facilities and supportive services rather than on protection and subsidies. This paper seeks to review and identify policies and schemes designed to ensure the sustainability of MSMEs in Nigeria. The secondary method of data collection will be utilised and coefficient of variation statistical tool will be used to compare the variability of the series of data. Findings in the study revealed that awareness of government policies is more consistent and stable than the non-awareness level across MSME sector in the country. Government to that effect should ensure effective implementation of the designed policies and schemes as it will produce a robust framework that will ensure the sustainability of MSMEs in Nigeria. Journal: Int. J. of Business and Globalisation Pages: 478-491 Issue: 4 Volume: 27 Year: 2021 Keywords: enterprises; MSMEs; SMEDAN; sustainability; policies; Nigeria. File-URL: http://www.inderscience.com/link.php?id=113803 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:4:p:478-491 Template-Type: ReDIF-Article 1.0 Author-Name: Irene Goll Author-X-Name-First: Irene Author-X-Name-Last: Goll Author-Name: Abhijit Roy Author-X-Name-First: Abhijit Author-X-Name-Last: Roy Title: The influence of human rights indicators on foreign direct investment Abstract: This study examines the relationship between a country's respect for human rights and the foreign direct investment (FDI) it attracts. It addresses the questions of whether a nation's respect for human development, progress and freedom are a determinant of investment in the global economy. The study uses cross-sectional data from public sources including the World Bank and UNCTAD for 117 countries. Hierarchical regressions were used to analyse the data. Countries with greater institutional advancement (i.e., those that encouraged voice/accountability and those that contributed to political stability and the lack of violence), as well as those with greater economic (lesser corruption and greater labour freedom) and non-economic human development outcomes (such as opportunities for human rights) were shown to attract greater FDI. Furthermore, countries with greater global competitiveness also attract more FDI for those that are innovation and efficiency driven, but not for those that are factor driven. The managerial and public policy implications are also provided. Journal: Int. J. of Business and Globalisation Pages: 1-17 Issue: 1 Volume: 29 Year: 2021 Keywords: human rights; foreign direct investment; FDI; globalisation; corporate social responsibility. File-URL: http://www.inderscience.com/link.php?id=117390 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:1:p:1-17 Template-Type: ReDIF-Article 1.0 Author-Name: Barbara Francioni Author-X-Name-First: Barbara Author-X-Name-Last: Francioni Author-Name: Fabio Musso Author-X-Name-First: Fabio Author-X-Name-Last: Musso Author-Name: Giorgia Masili Author-X-Name-First: Giorgia Author-X-Name-Last: Masili Title: Born global family firms: a multiple case study Abstract: The principal aim of this study is to examine the factors that most influence the internationalisation process of born global family firms. To achieve this goal, we considered two main frameworks adopted in previous literature, which analysed specific factors and characteristics. Then, through a multiple case study, we verified if these factors and characteristics can enable or limit the internationalisation process of born global family firms. Our findings provided a significant confirmation for many of the factors considered, especially those related to the characteristics of top management. However, with reference to the analysis schemes adopted, not all the factors and characteristics considered resulted to be significant. Moreover, the proposed classifications did not prove to be completely suitable for interpreting the phenomena analysed. For this reason, a new framework, which summarises and reorganises the characteristics and factors to be analysed, has been developed. Journal: Int. J. of Business and Globalisation Pages: 329-353 Issue: 3 Volume: 29 Year: 2021 Keywords: born global; family firms; internationalisation; SMEs. File-URL: http://www.inderscience.com/link.php?id=118679 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:3:p:329-353 Template-Type: ReDIF-Article 1.0 Author-Name: Lasse Torkkeli Author-X-Name-First: Lasse Author-X-Name-Last: Torkkeli Author-Name: Maria Uzhegova Author-X-Name-First: Maria Author-X-Name-Last: Uzhegova Author-Name: Olli Kuivalainen Author-X-Name-First: Olli Author-X-Name-Last: Kuivalainen Author-Name: Sami Saarenketo Author-X-Name-First: Sami Author-X-Name-Last: Saarenketo Author-Name: Kaisu Puumalainen Author-X-Name-First: Kaisu Author-X-Name-Last: Puumalainen Title: Internationalisation of family enterprises: the role of entrepreneurial orientation and international growth orientation Abstract: The determinants of foreign market entry and success among family-controlled small- and medium-sized enterprises (SMEs) have not received much attention in research, and especially the role of strategic orientations noted crucial in international entrepreneurship, is still unclear in the family business context. In this study, we respond to these omissions by examining a sample of 169 family-controlled Finnish SMEs across five industry sectors. The data are analysed via binary logistic and linear regression modelling. The results find that the internationalisation propensity and degree of internationalisation among the family businesses are impacted by higher levels of international growth orientation. Innovativeness explains the likelihood of having international operations, but entrepreneurial orientation does not impact the internationalisation outcomes. International growth orientation is found to not determine the international performance of the companies. We discuss the theoretical and managerial implications of the results, which contribute to the literature on family businesses and international entrepreneurship. Journal: Int. J. of Business and Globalisation Pages: 354-375 Issue: 3 Volume: 29 Year: 2021 Keywords: family business; SME internationalisation; strategic orientation; international entrepreneurship; international performance; entrepreneurial orientation; international growth orientation; small- and medium-sized enterprises; SMEs; Finland; quantitative methods. File-URL: http://www.inderscience.com/link.php?id=118681 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:3:p:354-375 Template-Type: ReDIF-Article 1.0 Author-Name: Neethu Ann Georgie Author-X-Name-First: Neethu Ann Author-X-Name-Last: Georgie Title: 'The influence of selected factors on online shopping behaviour': a study with respect to Kottayam district Abstract: Consumer behaviour places a key role in determining the success or failure of any business. The case is not different with respect to online retailing which uses internet as the medium for purchasing and the consumers have varied intuitions with respect to this medium. As a single factor can create different responses among consumers, it has been an area of interest for marketers and researchers. The current study aims in analysing the sway of factors like socio-demographics, convenience, delivery, return policy and ease of using debit/credit card information with respect to consumer's behaviour towards online shopping and correlation using SPSS is used to evaluate the influence. The cram conducted shows that convenience act as motivating factor whereas fear for loss of money, non delivery and improper return policy have depressing effect. Similarly, age is capable of influencing online shopping behaviour whereas gender and educational qualification are unable to do so. Journal: Int. J. of Business and Globalisation Pages: 376-384 Issue: 3 Volume: 29 Year: 2021 Keywords: online shopping; consumer behaviour; socio-demographic factors; non-delivery; return policy; convenience. File-URL: http://www.inderscience.com/link.php?id=118682 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:3:p:376-384 Template-Type: ReDIF-Article 1.0 Author-Name: Sheena Choi Author-X-Name-First: Sheena Author-X-Name-Last: Choi Author-Name: Ae-Sook Kim Author-X-Name-First: Ae-Sook Author-X-Name-Last: Kim Author-Name: Joseph Khamalah Author-X-Name-First: Joseph Author-X-Name-Last: Khamalah Author-Name: Prasad Bingi Author-X-Name-First: Prasad Author-X-Name-Last: Bingi Title: International faculty job satisfaction and engagement: a study of a midwestern university in the USA Abstract: This paper investigates perceptual differences between international faculty and their US-born counterparts in job satisfaction, engagement with peers and administrators in teaching, research, and service, and their perception of administration's support. While international faculty felt equally committed to their job, they were less satisfied with their current position, less likely to feel valued by colleagues and less likely to agree that they had a good working relationship with their colleagues. They also felt they were the least supported group on campus even when controlling for race and gender. The study's focus was one comprehensive regional institution. Given that job satisfaction is related to motivation, productivity, and commitment to the organisation, the findings of this study point to the need for the institution to include an international component in its diversity efforts. Journal: Int. J. of Business and Globalisation Pages: 18-41 Issue: 1 Volume: 29 Year: 2021 Keywords: cultural capital; diversity; engagement; higher education; international faculty; job satisfaction; social capital; social identity. File-URL: http://www.inderscience.com/link.php?id=117403 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:1:p:18-41 Template-Type: ReDIF-Article 1.0 Author-Name: Samuel Tawiah Baidoo Author-X-Name-First: Samuel Tawiah Author-X-Name-Last: Baidoo Author-Name: Linda Akoto Author-X-Name-First: Linda Author-X-Name-Last: Akoto Author-Name: Makafui M. Tayviah Author-X-Name-First: Makafui M. Author-X-Name-Last: Tayviah Title: Enhancing domestic savings mobilisation in Ghana: does religion matter? Abstract: Domestic savings in many developing countries including Ghana remain low and have therefore attracted policy discourse and attention of researchers globally. Several determinants regarding saving decisions among individuals have been revealed. However, the role of religion has not been emphasised especially in Sub-Saharan Africa region even though religion is asserted to have influence on economic outcomes. This paper revisits saving determinants in Ghana with focus on religion. The study uses primary data and employs the probit regression for analysis. It is revealed that the effect of religion on saving is positive but statistically insignificant. However, financial literacy, employment status, education and income have significant effect on saving. Based on these findings, relevant policy implications have been suggested in order to avert the low savings mobilisation in Ghana. Journal: Int. J. of Business and Globalisation Pages: 385-405 Issue: 3 Volume: 29 Year: 2021 Keywords: domestic savings; economic growth; religion; probit regression; Ghana. File-URL: http://www.inderscience.com/link.php?id=118683 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:3:p:385-405 Template-Type: ReDIF-Article 1.0 Author-Name: Aissa Mosbah Author-X-Name-First: Aissa Author-X-Name-Last: Mosbah Author-Name: Kalsom Binti Abd Wahab Author-X-Name-First: Kalsom Binti Abd Author-X-Name-Last: Wahab Title: Limitations of immigrant entrepreneurship research Abstract: Immigrant entrepreneurship research has, so far, addressed various topics and contributed to the advancement of the overall understanding associated with the entrepreneurial behaviour of immigrants. However, research on this field incorporates several limitations. Based on narrative review of the relevant literature, five limitations associated with immigrant entrepreneurship research were identified: 1) geographical bias (research concentration in a few OECD countries particularly the USA); 2) ethnic limitations (research focus on certain ethnic groups); 3) conceptual misspecification (definitional boundaries have not been properly set); 4) thematic bias (research focus on business antecedents than on business outcomes); 5) methodological bias (dominance of quantitative research and small sampling). Necessary implications have as well been illustrated in this paper. Future researchers need to address these limitations or, at least, avoid replicating them to strengthen the research outputs. Journal: Int. J. of Business and Globalisation Pages: 42-60 Issue: 1 Volume: 29 Year: 2021 Keywords: research; limitation; bias; shortcoming; immigrant; ethnic; business; entrepreneurship. File-URL: http://www.inderscience.com/link.php?id=117404 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:1:p:42-60 Template-Type: ReDIF-Article 1.0 Author-Name: Rand H. Al-Dmour Author-X-Name-First: Rand H. Author-X-Name-Last: Al-Dmour Author-Name: Hadeel Abuhammad Author-X-Name-First: Hadeel Author-X-Name-Last: Abuhammad Title: The extent of use of social media networks by the female entrepreneurs in Jordan: empirical study Abstract: This study aims to determine the extent to which female entrepreneurs in Jordan use social media networking platforms to grow their businesses, and the extent to which social media drives success. The data was gathered from 112 female Jordanian entrepreneurs, who filled in self-administered questionnaires. The results showed that 74% of respondents used social media network platforms, and that there is a relationship between the entrepreneurs' education levels and their use of social media. In addition, the results suggested that 47% of the variation in the entrepreneurs' levels of success could be linked to their use of social media networks. Finally, the study found that e-mail; WhatsApp and Facebook were most closely related to success, when examining Jordanian female entrepreneurs' businesses. Journal: Int. J. of Business and Globalisation Pages: 406-427 Issue: 3 Volume: 29 Year: 2021 Keywords: female entrepreneurs; social media networks; Jordan. File-URL: http://www.inderscience.com/link.php?id=118684 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:3:p:406-427 Template-Type: ReDIF-Article 1.0 Author-Name: Richa Das Author-X-Name-First: Richa Author-X-Name-Last: Das Title: Impact of microfinance institutions on women empowerment - a qualitative study in the Indian context Abstract: Feminisation of poverty can be attributed to lack of economic opportunities and access to economic resources like credit for the women. An important part of development is empowering women economically and microfinance institutions are rising as an important measure for the same. The present study tries to examine the impact of MFIs on women empowerment. Semi-structured depth interviews were conducted to collect data. Data analysis is done using grounded theory method. The study findings suggest that access to credit have significant impact on five different aspects of women's empowerment. The study highlights MFI has a positive impact on employment generating activating, income, savings and living standard. MFI guided an improvement in decision making, self-confidence, social attitude and political participation among women borrowers. Journal: Int. J. of Business and Globalisation Pages: 61-79 Issue: 1 Volume: 29 Year: 2021 Keywords: women empowerment; microfinance institutions; grounded theory method; poverty. File-URL: http://www.inderscience.com/link.php?id=117405 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:1:p:61-79 Template-Type: ReDIF-Article 1.0 Author-Name: Pratibha Author-X-Name-First: Author-X-Name-Last: Pratibha Author-Name: Sanjay Bhayana Author-X-Name-First: Sanjay Author-X-Name-Last: Bhayana Author-Name: Neeraj Author-X-Name-First: Author-X-Name-Last: Neeraj Title: Entrepreneurship activities to develop socioeconomic status of self-help groups in the Bhiwani District of Haryana Abstract: The main objectives of SHGs are to achieving rural development through performing entrepreneurship activities in India. SHGs play an important role in the social revolution and economic improvement for the prosperity of rural women. The present study is conducted to measure the empowerment of women and change in their living standards after joining the self-help group and their positive impact on the socioeconomic profile. The present study was conducted for self-help groups working under National Rural Livelihood Missions (NRLM) and Haryana State Rural Livelihood Missions (HSRLM) in the Bhiwani district of Haryana (India). The quantitative research study is based on primary data. In this study, various types of methods were used for the collection of data such as surveys, questionnaire, and personal interviews. The sample size of this study was 160 respondents from 40 self-help groups, which formed during 2013-2017. The purposive sampling technique was used for the selection of self-help group. The research data was statically analysed by using statistical tools, i.e., IBM SPSS 20.0 software and MS Excel. The result was concluded the entrepreneurship activities have played an important role in the development of rural women lifestyle as well as socio-economic status in society. Journal: Int. J. of Business and Globalisation Pages: 428-442 Issue: 3 Volume: 29 Year: 2021 Keywords: self-help groups; SHGs; socio-economic; entrepreneurship activities; rural development; women-empowerment. File-URL: http://www.inderscience.com/link.php?id=118685 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:3:p:428-442 Template-Type: ReDIF-Article 1.0 Author-Name: Jatin R. Agarwal Author-X-Name-First: Jatin R. Author-X-Name-Last: Agarwal Author-Name: Meet J. Shah Author-X-Name-First: Meet J. Author-X-Name-Last: Shah Title: Review of India's crude oil production history and its peak oil period estimation using Hubbert's theory and a technique based on statistical analysis Abstract: The paper focuses on peak oil period estimation of one of the fastest growing economies of the world, India. Complete information of independent India's conventional crude oil production history (1950-2016) was gathered along with the seven major factors influencing its production namely crude oil consumption, crude oil import, crude oil export, crude oil reserve, rig count, Brent and gross domestic product. Pearson correlation, factor analysis and cluster tree analysis were conducted on the seven mentioned parameters. Furthermore, Hubbert's theory along with a novel technique based on nonlinear regression was utilised to estimate and predict the peak time of crude oil production of India. The developed statistical model indicates that the peak oil time for conventional crude of India has already occurred in 2012 and the estimation of peak oil time of India to occur in 2018 from Hubbert's theory might be an overestimation. The objective of the research is to find the dominant factors influencing the crude oil production of India and to develop a novel procedure to give realistic estimate of peak oil time of India's conventional crude oil production with the help of Hubbert's theory. Journal: Int. J. of Business and Globalisation Pages: 80-98 Issue: 1 Volume: 29 Year: 2021 Keywords: Hubbert's peak oil theory; Indian crude oil production; peak oil estimation. File-URL: http://www.inderscience.com/link.php?id=117406 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:1:p:80-98 Template-Type: ReDIF-Article 1.0 Author-Name: Sarika R. Lohana Author-X-Name-First: Sarika R. Author-X-Name-Last: Lohana Title: Reliance: a success story in international refinery sector Abstract: This case study highlights the success story of Reliance Industries Ltd.; how Legendary Dhirubhai Ambani had managed to transform his dreams into practices through his insistence and hard work. He incorporated Reliance Industries Ltd. with Mynylon Ltd. on 8th May 1973. It manufactures synthetic blended yarns and fabrics, polyester filament yarn, polyester glass shells and colour TV picture tubes. In the span of 25 years, Reliance expands its operations and exports its products to more than 100 countries. In the year 2016 Reliance entered into Global Top 10 club through a ranking of 8th in the 2016 Platts Top 250 Global Energy Company Rankings. The success story of Reliance Industries Ltd. in the refinery sector serves as a source for imitation for those who are into this business and planning to expand their operations internationally as it has illustrated real-world practices to meet international challenges. Journal: Int. J. of Business and Globalisation Pages: 314-328 Issue: 3 Volume: 29 Year: 2021 Keywords: five force business analysis; strategic management; international business management; family business management. File-URL: http://www.inderscience.com/link.php?id=118686 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:3:p:314-328 Template-Type: ReDIF-Article 1.0 Author-Name: Deepak Halan Author-X-Name-First: Deepak Author-X-Name-Last: Halan Title: A critical analyses of Walmart's expansion into three Asian countries Abstract: The paper aspires to review Walmart's experiences in three South East Asian countries - i.e., Japan, China, and South Korea and analyse the reasons for not achieving success in them. This would help managers of retail firms understand the pitfalls in these countries in their internationalisation journey. The content analyses of the literature review yielded several insights related to factors behind Walmart's failure in these three countries. These were further categorised as normative, cognitive and regulative and also subcategorised further - basis an adapted institutional theory model. It was found that the normative related factors were about seven times the number of cognitive or regulative related factors that explained the failure. This paper reveals several aspects which other retailers need to keep in mind while planning and formulating strategies for globalisation and growth. Journal: Int. J. of Business and Globalisation Pages: 99-115 Issue: 1 Volume: 29 Year: 2021 Keywords: Walmart Asia expansion; retail internationalisation; institutional theory model; globalisation strategy; retail failure; Walmart Japan; Walmart China; Walmart South Korea. File-URL: http://www.inderscience.com/link.php?id=117407 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:1:p:99-115 Template-Type: ReDIF-Article 1.0 Author-Name: Jongrak Hong-ngam Author-X-Name-First: Jongrak Author-X-Name-Last: Hong-ngam Author-Name: Dusadee Ayuwat Author-X-Name-First: Dusadee Author-X-Name-Last: Ayuwat Author-Name: Kesinee Saranrittichai Author-X-Name-First: Kesinee Author-X-Name-Last: Saranrittichai Author-Name: Nattawat Auraiampai Author-X-Name-First: Nattawat Author-X-Name-Last: Auraiampai Title: Factors affecting the level of happiness through economics status: evidences from elderly in the northeastern region of Thailand Abstract: This study focuses on the level of happiness arising from the economic status of the elderly. It has placed emphasis on the elderly because the National Elderly Committee forecasted that the ratio of elderly population will rise from 17.5% in 2020 to 25.12% in 2030. To find out what factors, especially the economic ones, contributed to the happiness of the elderly is an important preparation for the aging society. The factors considered in this study include income, human capital, physical capital, accessibility to economic capital, etc. A sample of senior citizens in two northeastern provinces of Thailand was interviewed in this study. The overall findings revealed that saving money, having accessibility to economic capital, having self-esteem, maintaining relationships with family members and neighbours, and sustaining a way of life are the main factors. Journal: Int. J. of Business and Globalisation Pages: 116-134 Issue: 1 Volume: 29 Year: 2021 Keywords: happiness; economic; human capital; self-esteem; Thailand; elderly. File-URL: http://www.inderscience.com/link.php?id=117408 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:1:p:116-134 Template-Type: ReDIF-Article 1.0 Author-Name: Sahil Gupta Author-X-Name-First: Sahil Author-X-Name-Last: Gupta Author-Name: Arun Aggarwal Author-X-Name-First: Arun Author-X-Name-Last: Aggarwal Author-Name: Amit Mittal Author-X-Name-First: Amit Author-X-Name-Last: Mittal Title: Modelling the motivations of millennials' online shopping intentions: a PLS-SEM approach Abstract: An increase in digitalisation has empowered the millennial generation like never before, especially when it comes to shopping online. Given the inherent dynamism in online shopping behaviour, this study seeks to identify new and emerging dimensions of online shopping motivation and its subsequent influence on online shopping intention. Based on focused group discussions, interviews and review of previous research, a conceptual model of consumer's intention to buy online was developed and tested using PLS-SEM approach. Results revealed eight shopping motives that affect the millenial's intention to buy a product online. The most important factors identified were social shopping followed by perceived hedonic shopping, brand loyalty, role-playing, novelty seeking and high quality, in this order respectively. The major contribution of this paper is the inclusion of new factors such as novelty seeking and social shopping that affect online buying behaviour. Journal: Int. J. of Business and Globalisation Pages: 135-147 Issue: 1 Volume: 29 Year: 2021 Keywords: millennial's; online shopping intentions; PLS-SEM; shopping motives. File-URL: http://www.inderscience.com/link.php?id=117409 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:1:p:135-147 Template-Type: ReDIF-Article 1.0 Author-Name: Arturo Luque Author-X-Name-First: Arturo Author-X-Name-Last: Luque Author-Name: Adoración Guamán Author-X-Name-First: Adoración Author-X-Name-Last: Guamán Title: Transnational textile outsourcing: exceptional or standard? Abstract: The aim of this investigation is to quantitatively analyse the new methods of production and organisation in the textile business. Free flow of funds together with textile hyper-consumption have led to organisational models based on processes of externalisation, outsourcing, export, internationalisation and so on. Because of the transverse nature of the study subject, as well as the opportunities and asymmetries generated in the textile industry, a Delphi analysis is proposed as a way to analyse this new paradigm. A panel of 55 experts were given multidisciplinary questionnaires and their responses were studied, taking into account the degree of affinity (test) of the statements posed in order to reflect on and modify future action by production companies. Journal: Int. J. of Business and Globalisation Pages: 143-170 Issue: 2 Volume: 27 Year: 2021 Keywords: globalisation; transnational companies; TNCs; Delphi; outsourcing; corporate social responsibility. File-URL: http://www.inderscience.com/link.php?id=112806 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:2:p:143-170 Template-Type: ReDIF-Article 1.0 Author-Name: Amit Banerji Author-X-Name-First: Amit Author-X-Name-Last: Banerji Title: Relationship between real income and foreign remittance: a case study of India Abstract: India receives the highest foreign remittance from immigrants. They provide a steady and dependable cushion in maintenance of balance of payments. India's trade deficit has almost been matched by the net invisibles since independence of which remittances are a significant portion. This study presents a picture of contrast of the impact of foreign remittance from 1980 onwards and suggests a deeper look in the phenomenon. The economic impact of remittances has been doubtful and varied. However studies regarding their impact on real income have been few with regard to recent surges in remittance. In this study, impact of foreign remittances on real income has been studied. Journal: Int. J. of Business and Globalisation Pages: 184-205 Issue: 2 Volume: 27 Year: 2021 Keywords: continuous compounding; real income; consumption; altruism; remittances; India. File-URL: http://www.inderscience.com/link.php?id=112807 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:2:p:184-205 Template-Type: ReDIF-Article 1.0 Author-Name: Arpan Anand Author-X-Name-First: Arpan Author-X-Name-Last: Anand Author-Name: Navdeep Kaur Author-X-Name-First: Navdeep Author-X-Name-Last: Kaur Title: What encourages the Indian family small and medium enterprises to internationalise? Abstract: The current study tries to discover the motivations behind internationalisation of the Indian family small medium enterprises (IFSMEs) and explore whether these enterprises are searching for resources, advanced technologies, strategic assets, revenue benefits, improved efficiency or the new markets etc. Internationalisation by IFSMEs has substantially amplified in recent years. The amplification in the degree of internationalisation requires examination of various factors that have made IFSMEs internationalise. The empirical analysis is done on a sample of 407 IFSMEs using a structured questionnaire. The findings of this study provide evidence of the existence of various factors behind the internationalisation of IFSMEs. These enterprises are found to be inclined towards internationalisation in search of resources, technology, efficiency improvement etc. whereas exploring for new markets factor was reasonably weak referring to the empirical analysis. This analysis of IFSMEs multinationals has some observable implications. The existence of several factors infers that IFSMEs can fetch many benefits to the Indian economy. Also, the Indian family firms that are not very frequent in internationalisation can focus on the key factors which will encourage them to internationalise with more focused efforts. Journal: Int. J. of Business and Globalisation Pages: 296-313 Issue: 3 Volume: 29 Year: 2021 Keywords: internationalisation; family enterprises; technology; India; multinationals; SME. File-URL: http://www.inderscience.com/link.php?id=118695 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:3:p:296-313 Template-Type: ReDIF-Article 1.0 Author-Name: Jeffrey Overall Author-X-Name-First: Jeffrey Author-X-Name-Last: Overall Title: The working class: an entire class of people left behind Abstract: In <i>Das Kapital</i>, Marx (1867) suggested that capitalism will lead to the perpetual exploitation of the working class. To address the issues raised by Marx, various measures, such as: trade unions, increasing the minimum wage, human rights legislation, labour law, and the welfare state have been established. However, even with these measures in place, the working class continue to experience exploitation and, as a result, an entire class of people are being left behind. In this research, using the Frankfurt School of critical theory as a theoretical foundation, I explore the issues facing the working class. The main contribution to knowledge involves not only building on the work of the critical theorists, but also establishing parallels between the totalitarian regimes described in their 20th century writing and 21st century society. Recommendations are offered to reconcile the issues raised and future directions are suggested. Journal: Int. J. of Business and Globalisation Pages: 206-219 Issue: 2 Volume: 27 Year: 2021 Keywords: Adam Smith; capitalism; critical theory; Marx; rational egoism; working class. File-URL: http://www.inderscience.com/link.php?id=112808 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:2:p:206-219 Template-Type: ReDIF-Article 1.0 Author-Name: Rajit Verma Author-X-Name-First: Rajit Author-X-Name-Last: Verma Author-Name: Kulwant Kumar Sharma Author-X-Name-First: Kulwant Kumar Author-X-Name-Last: Sharma Title: An empirical investigation of 'change in control' motive of open offer announcement on shareholders' wealth of objective firms Abstract: Corporate restructuring always plays an essential role to restore the financial health of many companies worldwide. In Indian context, open offer is a prominent tool in takeovers to safeguard the rights of minority shareholders. This study focuses on 'change in control' objective of open offer and its effects on the wealth of objective firm's shareholders. The present study used a sample of 96 offers which were based on 'change in control' objective during 2015-2017. The research is based on event study approach, ARs, and CAARs were used to analyse the effects of open offer on sample firms within the event window of 41 days. The results reflected that 'change in control' motive has significant positive impact on majority of companies in India with 22.38% cumulative estimation errors. The study concluded that if such an objective of an open offer can be anticipated well, then the investors can have a jackpot bonanza. Journal: Int. J. of Business and Globalisation Pages: 220-230 Issue: 2 Volume: 27 Year: 2021 Keywords: open offers; event window; estimation window; shareholders' wealth. File-URL: http://www.inderscience.com/link.php?id=112809 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:2:p:220-230 Template-Type: ReDIF-Article 1.0 Author-Name: Pooja Chaudhary Author-X-Name-First: Pooja Author-X-Name-Last: Chaudhary Author-Name: K.K. Sharma Author-X-Name-First: K.K. Author-X-Name-Last: Sharma Title: Implementation of digital strategy in higher educational institutions in India Abstract: The higher education in India grew out of a colonial education system established by the British rule in the early 20th century. An appraisal shows that while there has been an impressive progress in taking education to the masses, yet many aberrations have crept into the delivery and management. Government has an ambitious strategy to bring in digital enablement in India's education delivery space. However, implementation of these strategies lacks pace and reach. The study looked at the digital initiatives in Organization for Economic Cooperation and Development, Chinese and Australian institutions. This provided some solutions for implementation of digital strategies. Study was carried out through inputs from various stakeholders. Results reveal that institutes lack vision, preparedness and commitment for technology implementation. The study can be further extended to control and monitoring mechanisms to realise the strategic vision of digital universities and a higher gross enrolment ratio with quality education. Journal: Int. J. of Business and Globalisation Pages: 248-272 Issue: 2 Volume: 27 Year: 2021 Keywords: higher education; online education; university education delivery; digital strategy implementation; India. File-URL: http://www.inderscience.com/link.php?id=112810 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:2:p:248-272 Template-Type: ReDIF-Article 1.0 Author-Name: Jehangir Bharucha Author-X-Name-First: Jehangir Author-X-Name-Last: Bharucha Title: An empirical investigation of retention management by white goods retailers Abstract: India has a large retail industry which has shown remarkable growth in the recent past and is undergoing a radical change. This study focuses on customer retention strategies adopted by retailers in the white goods sector. It investigates various strategies, practices and techniques to ensure customer attraction, retention and loyalty. Retailers that have been surveyed for primary data collection are evenly distributed across Mumbai city and its suburbs and include all those housing all income-range options. The questionnaire was administered to a total of 82 retailers out of which usable responses were received from 61 retailers. A series of more open-ended conversations were also conducted. Effective practices followed by specific retailers of consumer durables have been highlighted. The study concludes that the popular white goods retailers in Mumbai are combining and using diverse approaches in retaining customers in the industry and that these strategies have been effective. Organisations today exist in a turbulent business environment. Satisfied customers are the company's relationship capital. Companies should follow a coordinated line of attack by a proper comprehension of the varied aspects of loyalty and frame their strategies accordingly. Journal: Int. J. of Business and Globalisation Pages: 231-247 Issue: 2 Volume: 27 Year: 2021 Keywords: customer retention; white goods; strategies. File-URL: http://www.inderscience.com/link.php?id=112811 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:2:p:231-247 Template-Type: ReDIF-Article 1.0 Author-Name: Poonsri Vate-U-Lan Author-X-Name-First: Poonsri Author-X-Name-Last: Vate-U-Lan Title: eLearning on social network sites: a disruption of learning management systems from Thai students' perspectives Abstract: The purpose of this paper was to examine the attitudes of Thai higher education students towards eLearning incorporating social network sites using an online self-administered survey and standard statistical analysis. This online survey resulted in 389 valid responses. The attitude towards using eLearning on social network sites was positive. The research found a statistically significant difference in the attitudes of both genders with the Thai males scoring higher than the Thai females though both were positive. There was a statistically significant difference in attitude for participants who had varied experiences using eLearning. Participants who were experienced in both formal and informal eLearning formats showed a more positive attitude towards eLearning on social network sites as opposed to participants who used either formal or informal eLearning formats only. This research findings shed light on a disruption to learning management systems in the era of social networking with implications beyond Thailand. Journal: Int. J. of Business and Globalisation Pages: 273-287 Issue: 2 Volume: 27 Year: 2021 Keywords: attitude; Facebook; learning management systems; LMSs; eLearning; social network; disruptive technology; gender difference; gender diversity. File-URL: http://www.inderscience.com/link.php?id=112812 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:27:y:2021:i:2:p:273-287 Template-Type: ReDIF-Article 1.0 Author-Name: Heena Chauhan Author-X-Name-First: Heena Author-X-Name-Last: Chauhan Author-Name: Anjani K. Singh Author-X-Name-First: Anjani K. Author-X-Name-Last: Singh Title: Canvassing competitive advantage through key dimensions of business model Abstract: The objective of this research paper is to examine the organisational orientation towards its customers, employees, market and key partners in canvassing competitive advantage. This paper is a theoretical exploration based on a literature review. The extant review of the literature was conducted using database such as EBSCO, Emerald, Inderscience, Science Direct, Sage, etc. Theoretical studies revealed that these four key dimensions of the business model have significant contribution in canvassing competitive advantage. It is found that focused approach towards these four dimensions of business model play a significant role in canvassing competitive advantages. This study recommends to the practicing manager to pay attention to customer satisfaction and retention, development and satisfaction of employee, explore updated information of market trends and maintain long-term relationship with key channel partners. This study contributes in terms of developing holistic understanding towards competitive advantage through four key dimensions of a business model. A number of researchers explored the business model with the competitive advantage but this study is focused on four key dimensions of the business model in canvassing competitive advantages. Journal: Int. J. of Business and Globalisation Pages: 149-162 Issue: 2 Volume: 29 Year: 2021 Keywords: customer orientation; market orientation; key partners; competitive advantage; sustainable competitive advantage. File-URL: http://www.inderscience.com/link.php?id=118230 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:2:p:149-162 Template-Type: ReDIF-Article 1.0 Author-Name: Rizwan Tahir Author-X-Name-First: Rizwan Author-X-Name-Last: Tahir Author-Name: John Ireland Author-X-Name-First: John Author-X-Name-Last: Ireland Author-Name: Mashal Waqar Author-X-Name-First: Mashal Author-X-Name-Last: Waqar Title: Networking evolution and entrepreneurial success: an exploratory study of female entrepreneurs in Pakistan Abstract: Despite the acknowledged benefits networking offers to entrepreneurs and the interest in female entrepreneurship in developing countries, there have not been any studies on the networking activities of Pakistani female entrepreneurs. This study obtained and analysed rich data from 20 in-depth interviews with Pakistani women entrepreneurs about their networking activities and how these changed as their businesses matured. Results demonstrated that Pakistani women initially join informal networks of family and friends but, when their businesses mature, they tend to join strategically valuable, high-quality networks that include anyone, regardless of gender, who offers guidance, insights or know-how. It is hoped that these results will guide government policy to facilitate female entrepreneurs' networking endeavours. Journal: Int. J. of Business and Globalisation Pages: 163-177 Issue: 2 Volume: 29 Year: 2021 Keywords: entrepreneurial networking endeavours; entrepreneurial start-up firms; female entrepreneurs; gender; Pakistan. File-URL: http://www.inderscience.com/link.php?id=118231 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:2:p:163-177 Template-Type: ReDIF-Article 1.0 Author-Name: Dina Dellyana Author-X-Name-First: Dina Author-X-Name-Last: Dellyana Author-Name: Bayuningrat Hardjakaprabon Author-X-Name-First: Bayuningrat Author-X-Name-Last: Hardjakaprabon Title: Co-creation framework in cluster industry with limited resources Abstract: An industrial cluster is beneficial in developing a regional economy, and since the need for co-creation among cluster members is notable, a suitable co-creation framework is thus required to increase the performance of clusters. This conceptual paper analyses a milk industry cluster with limited resources in Cipageran, West Java that manages co-creation practices. Its main objective is to construct a co-creation framework that can be adopted by other industry clusters with limited resources. The research is a case study research that utilises interviews and focus group discussion as primary sources of data. Important findings from the research include problems map from stakeholders in the cluster and two forms of co-creation framework: 1) internal: between cluster members; 2) external: between cluster members and consumers. Those findings generate a co-creation framework with the involvement of cooperative as organiser of the framework that is ideal for industry cluster with limited resources. Journal: Int. J. of Business and Globalisation Pages: 178-197 Issue: 2 Volume: 29 Year: 2021 Keywords: co-creation; co-creation framework; dairy industry; industry cluster. File-URL: http://www.inderscience.com/link.php?id=118232 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:2:p:178-197 Template-Type: ReDIF-Article 1.0 Author-Name: Atul Choudhary Author-X-Name-First: Atul Author-X-Name-Last: Choudhary Author-Name: Sanjeev Bansal Author-X-Name-First: Sanjeev Author-X-Name-Last: Bansal Author-Name: Anu Prashaant Author-X-Name-First: Anu Author-X-Name-Last: Prashaant Author-Name: Prashant Sharma Author-X-Name-First: Prashant Author-X-Name-Last: Sharma Title: An analysis of satisfaction of passenger services offered in premium trains in Indian Railways with reference to northern zone Abstract: Due to the growing importance of quality in our life, customers' desire to enjoy a relatively better quality of products or availing superior quality services has been increased. India is the second highly populated country of the world and its rapid population growth also contributes to an increase of people's travelling demands. In India, trains are the cheapest and comfortable mode of travelling especially for long distances. This paper aims to investigate the passengers' perceptions about the service quality of premium trains of northern zone of Indian Railways. The present paper highlights the prominent dimensions in determining the passengers' overall perceived service quality offered by the premium trains of northern railways. The main intent of this study is to present a framework developed for assisting northern railways to monitor and control the quality of services provided to passengers of premium trains such as Rajdhani and Shatabdi Express. Journal: Int. J. of Business and Globalisation Pages: 198-210 Issue: 2 Volume: 29 Year: 2021 Keywords: SERVQUAL model; northern railways; passengers' satisfaction; premium trains; service quality. File-URL: http://www.inderscience.com/link.php?id=118233 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:2:p:198-210 Template-Type: ReDIF-Article 1.0 Author-Name: Sakkarin Nonthapot Author-X-Name-First: Sakkarin Author-X-Name-Last: Nonthapot Title: Factors affecting the export of condoms from Thailand to the USA using simultaneous equations with the GMM method Abstract: The objectives of this research are to investigate: 1) the factors affecting the quantity demand for condom imports; 2) the quantity supply of condom exports from Thailand to the USA. This research employs quarterly data from 2001:Q1 to 2018:Q2. The analysis employs a simultaneous equation system and is estimated by the generalise method of moments (GMM) method. The results reveal that: 1) the import condom price of India and gross national product are positive and negative effects on the quantity demand of condom exports from Thailand to the USA, respectively while the import condom price of India is insignificant; 2) the latex rubber price, the wages of non-agricultural workers, and the exchange rate (Baht/USD) are negative effects on the quantity supply of condom exports from Thailand to the USA. These can bring about the differentiation of condoms to maintain the level of condom imports in the US market. Journal: Int. J. of Business and Globalisation Pages: 211-221 Issue: 2 Volume: 29 Year: 2021 Keywords: condom; imports; simultaneous equation; generalise method of moments; GMM. File-URL: http://www.inderscience.com/link.php?id=118234 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:2:p:211-221 Template-Type: ReDIF-Article 1.0 Author-Name: Sharda S. Nandram Author-X-Name-First: Sharda S. Author-X-Name-Last: Nandram Author-Name: Ankur Joshi Author-X-Name-First: Ankur Author-X-Name-Last: Joshi Author-Name: Sukhada Author-X-Name-First: Author-X-Name-Last: Sukhada Author-Name: Vishwanath Dhital Author-X-Name-First: Vishwanath Author-X-Name-Last: Dhital Title: Delivering holistic education for contemporary times: Banasthali Vidyapith and the Gurukula system Abstract: This paper presents a case of an Indian university, Banasthali Vidyapith, for proposing lessons for holistic education for the discipline of management. This case is being compared with the ancient indigenous education system of the Gurukula. What are the important features of the holistic education of the Gurukula system, and what can we learn from it as practical wisdom for contemporary times by analysing the modern example of the case of Banasthali Vidyapith, which is rooted in this Gurukula system? The research design that has been followed is qualitative in nature, using the in-depth interviews, observations and ethnographic participation of authors in both systems and interpretive thematic analyses. By addressing such a question the authors argue how management education can prepare the student for responsible citizenship when they enter society, which is one of the aims of liberal arts colleges in modern education systems. Another question is how can students nurture an integrative mindset of problem solving by allowing life-skills development that taps into the physical, mental, aesthetic, moral and intellectual dimensions of the student? The five-fold holistic education at Banasthali addresses such development and has features which could be interesting for management education globally. Journal: Int. J. of Business and Globalisation Pages: 222-247 Issue: 2 Volume: 29 Year: 2021 Keywords: holistic education; Gurukula; ancient education; globalisation and management; Banasthali Vidyapith. File-URL: http://www.inderscience.com/link.php?id=118235 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:2:p:222-247 Template-Type: ReDIF-Article 1.0 Author-Name: Jorge Riveras Author-X-Name-First: Jorge Author-X-Name-Last: Riveras Author-Name: Alex Beaton Author-X-Name-First: Alex Author-X-Name-Last: Beaton Author-Name: Jesús Arteaga-Ortiz Author-X-Name-First: Jesús Author-X-Name-Last: Arteaga-Ortiz Title: A globalisation model analysis on unauthorised immigration's impact on the USA Abstract: The issue of unauthorised immigrants residing in the USA is currently a very profound and polarising topic. It has proven to be rooted in biases and divisive among the two main political parties in the USA. The divergence of the USA from globalisation has created strong contentious opinions about immigration as a by-product. This paper employs a globalisation model as the framework to study unauthorised immigration from a multidimensional point of view. This model creates a structured lens for the analysis by looking into multiple domains. These consist of factors related to economic, political, social, business and physical, while the outer domains consist of the factors concerning neighbouring country dynamics, trade blocs, and global institutions. After thoroughly researching these domains and unearthing the historical data related to these factors, this paper presents how unauthorised immigrants from Mexico and its satellite nations have impacted the USA overall. Journal: Int. J. of Business and Globalisation Pages: 248-274 Issue: 2 Volume: 29 Year: 2021 Keywords: globalisation; unauthorised immigrants; economic integration; systems theory globalisation model framework; NAFTA. File-URL: http://www.inderscience.com/link.php?id=118236 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:2:p:248-274 Template-Type: ReDIF-Article 1.0 Author-Name: Ivan Light Author-X-Name-First: Ivan Author-X-Name-Last: Light Title: An undercapitalised billionaire Abstract: 'Undercapitalised' conventionally refers to firms at risk of failure because owners lack requisite human and financial capital. Are firms 'undercapitalised' when owners lack social and cultural capital? Answering the question directs attention to owners who, abundantly equipped with human and financial capital, fail in business anyway. When we have ruled out adventitious causes, such as business cycle, technology change, even luck, we are left with 'incompetence' to cover all such failures. However, 'incompetence' is a label, not an explanation. To illustrate the distinction, this paper introduces a case study of Donald Trump's much-studied career in independent business. Deficits of social and cultural capital explain Trump's repeated bankruptcies and meagre lifetime earnings. Journal: Int. J. of Business and Globalisation Pages: 275-290 Issue: 2 Volume: 29 Year: 2021 Keywords: forms of capital; social capital; cultural capital; undercapitalisation; business failure; Donald Trump; bankruptcy; narcissism; paranoia; class resources; achievement. File-URL: http://www.inderscience.com/link.php?id=118237 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:29:y:2021:i:2:p:275-290