Template-Type: ReDIF-Article 1.0
Author-Name: Vikrant Kulkarni
Author-X-Name-First: Vikrant
Author-X-Name-Last: Kulkarni
Author-Name: Ashish Aggarwal
Author-X-Name-First: Ashish
Author-X-Name-Last: Aggarwal
Title: Assessing synergies and challenges between CSR and SDG with evidence from India
Abstract:
Sustainable Development Goals (SDG), which aim to tackle all the critical global issues by 2030, face fundamental resource challenges. This paper seeks to analyse if the funds available from CSR can act as an instrument for companies to contribute to SDG needs. The study of 60 Indian companies compares prescribed vs. actual CSR expenditure, the geographical and thematic spread of activities, and compliance towards specific provisions of the companies act. Our critical findings in the paper are that the business awareness of SDG has increased, and the pool of CSR funds has increased post-2014. There is a narrow focus on four thematic areas of education, healthcare, hunger, and poverty alleviation. The geographical spread of fund expenditure is limited to a few key states in India. And, while the reporting quality on CSR and sustainability efforts has improved, there is a long way to go to comply with the Act.
Journal: Int. J. of Indian Culture and Business Management
Pages: 425-441
Issue: 4
Volume: 28
Year: 2023
Keywords: CSR; Sustainable Development Goals; SDG; mandatory CSR; companies act; India; CSR reporting.
File-URL: http://www.inderscience.com/link.php?id=130091
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:4:p:425-441

Template-Type: ReDIF-Article 1.0
Author-Name: Ramjanul Haque
Author-X-Name-First: Ramjanul
Author-X-Name-Last: Haque
Author-Name: Viveka Gupta
Author-X-Name-First: Viveka
Author-X-Name-Last: Gupta
Title: The management of saving and investment pattern of the private sector employees of Assam and the effect of COVID-19 on it &#45; an analytical study
Abstract:
When the nation is facing a great downfall of economic activities leading to many disturbances in the daily life of people, savings and investment plan can hold the hands of employees belonging to private sector from financial fall down. The present study exposes the savings and investment preferences of private sector employees due to the effect of COVID-19 pandemic. As information shows that salary reduction and job termination have become common events in private sector due to the present pandemic, it becomes necessary to understand how far the pandemic has influenced their savings and investment. Likert scale and Garret ranking are two statistical tools used in the study to analyse major influencing factors of COVID-19 pandemic and the mostly preferred factor by the private sector employees. The study concludes that this pandemic has a significant influence leading to deregulating existing plans as well as decline in proportion of savings and investments.
Journal: Int. J. of Indian Culture and Business Management
Pages: 489-507
Issue: 4
Volume: 28
Year: 2023
Keywords: saving; investment; pattern; effect; COVID-19; private sector; salary reduction; job termination; pandemic; employees.
File-URL: http://www.inderscience.com/link.php?id=130092
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:4:p:489-507

Template-Type: ReDIF-Article 1.0
Author-Name: Priyanka Rani
Author-X-Name-First: Priyanka
Author-X-Name-Last: Rani
Author-Name: Karam Pal Narwal
Author-X-Name-First: Karam Pal
Author-X-Name-Last: Narwal
Title: Brexit impact on the pound as well as the euro with reference to the Indian rupee
Abstract:
The present study attempts to examine the effect of Brexit on foreign exchange rate volatility in India by taking the currency pair EUR/INR and GBP/INR. The daily spot price data of GBP/INR and EUR/INR are collected from RBI and FBIL for the period of 1st March 2011 to 23rd March 2020. To examine the impact, the sample of the study has been divided into two parts, before and after Brexit. After testing the data for stationarity by applying the augmented Dickey-Fuller (ADF) test, GARCH (1, 1) model has been applied for examining volatility of exchange rate return series of pre and post Brexit. The result of the GARCH (1, 1) shows the presence of highly volatile market after Brexit compared to the pre-Brexit period. The currency pair of Great Britain Pound slopes downwards suddenly after news related to Brexit happens; even this slope continues for a longer period.
Journal: Int. J. of Indian Culture and Business Management
Pages: 508-524
Issue: 4
Volume: 28
Year: 2023
Keywords: Brexit; exchange rate volatility; currencies; GARCH analysis; Indian rupee.
File-URL: http://www.inderscience.com/link.php?id=130094
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:4:p:508-524

Template-Type: ReDIF-Article 1.0
Author-Name: Kamakhya Narain Singh
Author-X-Name-First: Kamakhya Narain
Author-X-Name-Last: Singh
Author-Name: Gaurav Misra
Author-X-Name-First: Gaurav
Author-X-Name-Last: Misra
Title: Divergence between economic growth and stock market performance in India: implications for investor education and financial well-being
Abstract:
Amidst declining trends of Indian macroeconomic indicators during COVID-19 period, certain indicators, which can be takes as proxies of investors' behaviour, sentiments and biases, were discerned in Indian securities markets. The study provides significant insight into sentiments and biases of a particular segment of retail investors trading in uncertain times of COVID-19, whose investment behaviour may have serious impact on their financial well-being in the long-term. This exploratory-descriptive study uses data collected by various regulators and government sources in India and abroad to evaluate the behaviour of investors in the backdrop of macroeconomic trends during COVID-19. After analysing the trends of investor participation, trading behaviour and general sentiment in the Indian capital markets and evaluating the implications of these investor-related behaviours on the financial well-being of individual investors, a comprehensive and segmented approach of financial literacy has been recommended to safeguard financial well-being of investors.
Journal: Int. J. of Indian Culture and Business Management
Pages: 542-568
Issue: 4
Volume: 28
Year: 2023
Keywords: investor biases; financial literacy; COVID-19; macroeconomic indicators; financial well-being; policy recommendations; financial education; financial inclusion; financial behaviour; financial regulators; India.
File-URL: http://www.inderscience.com/link.php?id=130095
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:4:p:542-568

Template-Type: ReDIF-Article 1.0
Author-Name: A.L. Chidambaram
Author-X-Name-First: A.L.
Author-X-Name-Last: Chidambaram
Author-Name: P.S. Nagarajan
Author-X-Name-First: P.S.
Author-X-Name-Last: Nagarajan
Title: A study on entrepreneurial intention: S-O-R approach
Abstract:
This research is centrally focused to identify the impact of perceived usefulness and hedonic motivation on entrepreneurial intention. Stimulus-organism-response (S-O-R) framework was used by combining the variables like perceived usefulness from the theory of planned behaviour and hedonic motivation from the unified theory of acceptance and use of technology. The research attempts to investigate the direct and indirect effect of perceived usefulness and hedonic motivation on entrepreneurial intention. Similarly, the moderating effect of age and domicile were identified. The outcome of this research signifies that perceived usefulness did not show indirect effect on entrepreneurial intention, however hedonic motivation positively influences entrepreneurial intention through entrepreneurial education.
Journal: Int. J. of Indian Culture and Business Management
Pages: 525-541
Issue: 4
Volume: 28
Year: 2023
Keywords: entrepreneurial intention; entrepreneurial education; perceived usefulness; hedonic motivation.
File-URL: http://www.inderscience.com/link.php?id=130096
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:4:p:525-541

Template-Type: ReDIF-Article 1.0
Author-Name: Aditi Nag
Author-X-Name-First: Aditi
Author-X-Name-Last: Nag
Title: Industrial infrastructure and economic platform development for social and sustainable enterprise encouragement of cottage industries: case study of Bishnupur West Bengal
Abstract:
Indian rural cottage industries have been a significant income source for non-farming populace but have faced numerous problems related to collaboration of the state and business to pursue SDGs, including lack of facilitation of pro-active contribution of MSMEs towards sustainability through capacity building and strengthening of sustainability element to reach various possibilities of growth and management. Conceptualising the need for infrastructure development in the sector for involvement of both supply chain and community level through stakeholder identification is lacking. Bishnupur is encountering similar circumstances and thus losing artisans to urbanisation and negligible profit. They are not only economically dependent but also infrastructurally indigent. The research aims at analysing the economic involvement scale and sustainability of Bishnupur municipality's cottage industries through socio-economic impact assessment outlining problems, their covariance and regression to business principles as well as difference using ANOVA analysis; helping generate framework of policy and understand applicable ways to achieve SDGs.
Journal: Int. J. of Indian Culture and Business Management
Pages: 442-471
Issue: 4
Volume: 28
Year: 2023
Keywords: cottage industries; socio-economic impact; urban sustainability criteria; industrial development; SDG incorporation; economic growth.
File-URL: http://www.inderscience.com/link.php?id=130125
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:4:p:442-471

Template-Type: ReDIF-Article 1.0
Author-Name: R. Alexzander
Author-X-Name-First: R.
Author-X-Name-Last: Alexzander
Author-Name: A. Velavan
Author-X-Name-First: A.
Author-X-Name-Last: Velavan
Title: Patient opinion on servicescape in selected multi-speciality hospitals, Salem District, Tamil Nadu
Abstract:
Servicescape is one of the popular marketing strategies implemented by Booms and Bitner for accentuating the effects of the physical environment where the service plays a significant role. One such environment is the healthcare or medical industry, where patients seek good services that need improvement in their health. Patient happiness reflects the income and outgoing of more patients in the hospital. The growth of the hospital industries is based on service marketing, which can be obtained only from the existing patient opinion compared to the other industries. A new patient looks for opinions about primary operations, health check-ups, implanting body parts, etc. Thus, this paper proposed a supervised learning model to analyse the patient opinion collected from the patient directly and from social networks. In addition, this paper proposed a multi-class support vector machine as the learning model to learn, pre-process, feature extract, and classify the service categories of the hospital &#45; the collected at a multi-speciality hospital, Salem, Tamil Nadu, India used in the experiment. The experimental results show the classification accuracy, which is 8% higher than the existing model.
Journal: Int. J. of Indian Culture and Business Management
Pages: 374-388
Issue: 3
Volume: 29
Year: 2023
Keywords: data analysis; opinion mining; healthcare data; data collection; supervised learning model.
File-URL: http://www.inderscience.com/link.php?id=132447
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:3:p:374-388

Template-Type: ReDIF-Article 1.0
Author-Name: Supriya Kumari
Author-X-Name-First: Supriya
Author-X-Name-Last: Kumari
Author-Name: Ajay Kumar
Author-X-Name-First: Ajay
Author-X-Name-Last: Kumar
Author-Name: Ravish Kumar
Author-X-Name-First: Ravish
Author-X-Name-Last: Kumar
Author-Name: Abdulla Hamad M. Fetais
Author-X-Name-First: Abdulla Hamad M.
Author-X-Name-Last: Fetais
Title: Assessing residential satisfaction parameters and its socio-economic characteristics of low-income group public housing in Lucknow city
Abstract:
The study focuses on assessing socio-economic characteristics and various parameters of residential satisfaction of plotted and apartments low-income group public housing in Lucknow, India. This assessment will analyse the data using T-test, regression, and Pearson and Spearman's correlation, which compares the data of two types plotted and apartment housing. T-test indicates that the residents' satisfaction of the plotted and apartment houses varies in public facilities and neighbourhood facilities from one another significantly. T-test results show that four parameters (dwelling unit features, level of operation and maintenance, public facilities and neighbourhood facilities) were significant at 0.05 levels, so equal variance was assumed. Multiple linear regression results represent a collective significant effect between all parameters and overall residential satisfaction, i.e., F &#61; 20.713, P &#60; 0.001, R&lt;SUP align="right"&gt;&lt;SMALL&gt;2&lt;/SMALL&gt;&lt;/SUP&gt; &#61; 0.673. Pearson's correlation analysis revealed that age, marital status, and family monthly income correlate with all residential satisfaction parameters in both housing types.
Journal: Int. J. of Indian Culture and Business Management
Pages: 335-352
Issue: 3
Volume: 29
Year: 2023
Keywords: residential satisfaction; socio-economic features; low-income group public housing; statistical analysis.
File-URL: http://www.inderscience.com/link.php?id=132448
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:3:p:335-352

Template-Type: ReDIF-Article 1.0
Author-Name:  Vandana
Author-X-Name-First: 
Author-X-Name-Last: Vandana
Author-Name: Shveta Singh
Author-X-Name-First: Shveta
Author-X-Name-Last: Singh
Title: Improved friendly relations, bilateral trade and stock markets: a causal relationship study of India and Israel
Abstract:
The study aims to analyse India and Israel's bilateral trade ties and the dynamic relationship between both countries' equity markets following bilateral trade. The trade intensity index is utilised to examine the bilateral trade between the two countries, while the daily stock prices of NSE NIFTY of India and TA-125 of Israel for January 2000-December 2020 are used to analyse the association amid the bourse. The results of the two-step Engle-Granger co-integration test and the Granger causality test indicate that bilateral trade is an exogenous variable and the stock prices of these countries are co-integrated in the long run. Further, India is the net exporter, contributing approximately 5% to Israel's overall trade. Both countries have demonstrated effective financial and trade interdependency amid a slow development in their bilateral political depth.
Journal: Int. J. of Indian Culture and Business Management
Pages: 273-290
Issue: 2
Volume: 30
Year: 2023
Keywords: Indo-Israel; stock market; India; Israel; bilateral trade; Engle-Granger cointegration; Granger causality; diplomatic relation; political relation; NSE; TA-125.
File-URL: http://www.inderscience.com/link.php?id=134240
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:2:p:273-290

Template-Type: ReDIF-Article 1.0
Author-Name: V. Priyadharshini
Author-X-Name-First: V.
Author-X-Name-Last: Priyadharshini
Author-Name: T. Padmavathi
Author-X-Name-First: T.
Author-X-Name-Last: Padmavathi
Author-Name: L. Suganthi
Author-X-Name-First: L.
Author-X-Name-Last: Suganthi
Title: Does age diversity matter? A study on employee value proposition in Indian context
Abstract:
This paper aims to examine how age factor moderates the relationship between employee value proposition (EVP) attributes and measures of employee engagement such as organisational advocacy (OA) and intention to stay (IS). The study is cross-sectional in design, and an online survey was administered to collect data from 105 employees of an Indian non-banking finance company. Results show that extrinsic and intrinsic EVP attributes influence OA and IS measures of employee engagement significantly. In addition, employees' value preferences are dynamic, with intrinsic EVP significantly impacting engagement measures than extrinsic EVP as age increases. Research on EVP within Asian context is limited. Hence, by being one of the firsts to explore how age moderates the relationship between different conceptualisations of employee value proposition and employee attitudes among Indian employees, our study based on socio-emotional selectivity theory makes a significant contribution to EVP literature.
Journal: Int. J. of Indian Culture and Business Management
Pages: 293-307
Issue: 3
Volume: 29
Year: 2023
Keywords: employee value proposition; EVP; organisational advocacy; intention to stay; age; socio-emotional selectivity theory; employee engagement.
File-URL: http://www.inderscience.com/link.php?id=132449
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:3:p:293-307

Template-Type: ReDIF-Article 1.0
Author-Name: Charu Goyal
Author-X-Name-First: Charu
Author-X-Name-Last: Goyal
Author-Name: Manoj Patwardhan
Author-X-Name-First: Manoj
Author-X-Name-Last: Patwardhan
Title: High-performance human resource practices contributing to organisational outcomes in the service industry
Abstract:
Innovation and employee retention are the two important factors that organisations try to get a grip of. High-performance human resource practices (HPHRP) are one such solution to achieve these organisational outcomes. The paper examines the contribution of HPHRP and perceived organisational support (POS) towards employee service innovative behaviour (ESIB), and intention to remain (IR). The study includes 405 participants from the Indian service sector. Confirmatory factor analysis was done to test the measurement model. Structural equation modelling is used to test the hypothesis. The significant positive impact of HPHRP on POS, ESIB, and IR can be seen. Also, POS acts as an important mediator between HPHRP and ESIB, and HPHRP and IR. The results help the managers to understand the importance of HPHRP in building POS and increasing the employee's innovative behaviour and retaining them. Earlier studies have assessed the impact of HPHRP on POS, ESIB, and IR, but not in India.
Journal: Int. J. of Indian Culture and Business Management
Pages: 214-227
Issue: 2
Volume: 30
Year: 2023
Keywords: high-performance human resource practices; HPHRP; employee service innovative behaviour; ESIB; India; intention to remain; perceived organisational support; POS; service sector.
File-URL: http://www.inderscience.com/link.php?id=134241
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:2:p:214-227

Template-Type: ReDIF-Article 1.0
Author-Name: Shruti Mishra
Author-X-Name-First: Shruti
Author-X-Name-Last: Mishra
Author-Name: Sujata Shahi
Author-X-Name-First: Sujata
Author-X-Name-Last: Shahi
Title: Myths and mythology regarding money, wealth and acquisition
Abstract:
The main aim of the paper is to understand the myths, mythology, and stories that exist in the Indian subcontinent and how they affect our daily decision-making skills. The findings from the study would give us an insight on the psyche behind consumer interaction with money. What money means to the common man and the cultural space that they operate from. The paper talks about myths and mythology that has been studied in the past. There are certain myths and folktales which are local and undocumented which have not been covered here. It is important to understand that the findings from such a study would give direction to decision makers and managers of popular brands (both national and international/global brands), while designing, communicating and marketing products for the Indian market or the Indian consumers. Each culture is unique and hence it is important to understand the cultural truth that a particular society believes in, the paper helps in this regard.
Journal: Int. J. of Indian Culture and Business Management
Pages: 403-416
Issue: 3
Volume: 29
Year: 2023
Keywords: myths; mythology; money; wealth; acquisition; psychology; psyche.
File-URL: http://www.inderscience.com/link.php?id=132450
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:3:p:403-416

Template-Type: ReDIF-Article 1.0
Author-Name: Karuna Prakash
Author-X-Name-First: Karuna
Author-X-Name-Last: Prakash
Author-Name: Prakash Tiwari
Author-X-Name-First: Prakash
Author-X-Name-Last: Tiwari
Title: The aftermath of COVID-19: exploring workplace expectations among GenZ in India
Abstract:
This research paper aims to explore the workplace expectations of GenZ employees from their employers during the course of the COVID-19 pandemic in India. A qualitative approach has been adopted for this study. Telephonic interviews and digital focus groups were conducted among GenZ. These interviews have proved vital in gathering authentic and accurate insights into the expectations of these generations. The findings of the study, reveals that the younger generations in the workforce are highly inclined towards a proper work-life balance. These younger employees expect their leaders and managers to talk and work more towards improving mental health of employees along with creating a community feeling of support and encouragement especially during the rough phases of the pandemic. The challenges of working from home, the after effects of self-isolation and the ever increasing pressure to perform in the midst of the pandemic have greatly influenced the expectations of young employees. The conceptualisation of the expectations of GenZ in this paper is vital for managers and leaders to foster better strategies and plans to optimise output and maintain retention.
Journal: Int. J. of Indian Culture and Business Management
Pages: 196-213
Issue: 2
Volume: 30
Year: 2023
Keywords: COVID-19; workplace expectations; GenZ; psychological contract; generations; India.
File-URL: http://www.inderscience.com/link.php?id=134242
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:2:p:196-213

Template-Type: ReDIF-Article 1.0
Author-Name: Puja Kaura
Author-X-Name-First: Puja
Author-X-Name-Last: Kaura
Title: Prognostication of the financial health of tourism and hospitality sub-sector in India
Abstract:
COVID-19 has an inconceivable negative impact on almost whole world but tourism and hospitality sub-sector have been affected the most. Therefore, it becomes imperative to predict future of tourism and hospitality sub-sector. Financial health is one way of determining future of any sector. There are various models for predicting the financial distress; however, one of the most reliable models under the multivariate analysis category is Altman's z-score model, with an accuracy rate ranging between 75 and 90%. The current study has been done to predict the financial distress of tourism and hospitality sub-sector in India, using the Altman Z score model. The study's findings revealed that the tourism and hospitality sub-sector is financially sound and will not face any financial distress in the near future as it has a higher Z score for the period 2018-2021, than the standard (2.99). The findings of study will be valuable for all stakeholders in their decisions.
Journal: Int. J. of Indian Culture and Business Management
Pages: 389-402
Issue: 3
Volume: 29
Year: 2023
Keywords: financial distress; tourism and hospitality sub-sector; multivariate analysis; Altman Z-score model; pandemic COVID-19; India.
File-URL: http://www.inderscience.com/link.php?id=132451
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:3:p:389-402

Template-Type: ReDIF-Article 1.0
Author-Name: Abhishek Kumar Saroj
Author-X-Name-First: Abhishek Kumar
Author-X-Name-Last: Saroj
Author-Name: Manish Gupta
Author-X-Name-First: Manish
Author-X-Name-Last: Gupta
Author-Name: Venkateswara Rao Komma
Author-X-Name-First: Venkateswara Rao
Author-X-Name-Last: Komma
Title: A framework for identification of sustainability objectives of sustainable supply chain management in the Indian scenario: an integrated ISM and SEM approach
Abstract:
In this study, an investigation of the sustainability objectives related to the Indian scenario is presented. Identification of sustainable objectives helps the Indian industries for setting up long-term goals and sustainably manages their resources and responsibilities. In this study, firstly, identification of sustainability objectives was carried out with the help of a literature survey, and relationships among them were established through expert opinion for Indian industries. Further, the relationships of the sustainability objectives were transformed using interpretive structural modelling. The developed ISM model has been validated with the help of the structural equation modelling technique. This study reveals that competitive advantage has the topmost priority of the organisation. For gaining a competitive advantage, enhanced customer services and international business certification play a vital role. In this study, it is identified that removing stakeholder pressure on organisations plays an important role in obtaining a competitive advantage.
Journal: Int. J. of Indian Culture and Business Management
Pages: 157-195
Issue: 2
Volume: 30
Year: 2023
Keywords: sustainable supply chain; sustainability objectives; interpretive structural modelling; ISM; structural equation modelling; SEM.
File-URL: http://www.inderscience.com/link.php?id=134243
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:2:p:157-195

Template-Type: ReDIF-Article 1.0
Author-Name: Tanushri Banerjee
Author-X-Name-First: Tanushri
Author-X-Name-Last: Banerjee
Author-Name: Pramod Paliwal
Author-X-Name-First: Pramod
Author-X-Name-Last: Paliwal
Title: Organisational response to COVID-19 crisis through socially impactful business actions: a case study
Abstract:
This paper attempts to address the question of how prepared organisations can be for unprecedented, once in a century, crises such as COVID-19. Can CSR help them avoid crises like this? In times when companies have to deal with the serious effects of COVID-19 pandemic, the authors have tried to determine ways in which companies have dealt with this emerging situation. Among other measures, socially impactful activities, including corporate social responsibility (CSR) have been leveraged for competitiveness and creating goodwill. The authors have attempted to address such questions by undertaking an analysis of Indian companies' efforts in general, while specifically focusing on a non-pharmaceutical manufacturing conglomerate, towards combating COVID-19 through socially impactful actions. The case study has been written by undertaking relevant literature review to formulate a conceptual framework and deriving objectives of the study.
Journal: Int. J. of Indian Culture and Business Management
Pages: 291-306
Issue: 2
Volume: 30
Year: 2023
Keywords: corporate social responsibility; organisation performance; social change; automobile sector; Mahindra Group; COVID-19; crisis management; creativity; business-innovation.
File-URL: http://www.inderscience.com/link.php?id=134244
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:2:p:291-306

Template-Type: ReDIF-Article 1.0
Author-Name: Manasa Narayan
Author-X-Name-First: Manasa
Author-X-Name-Last: Narayan
Author-Name: Richa Awasthy
Author-X-Name-First: Richa
Author-X-Name-Last: Awasthy
Title: The second innings: a phenomenological exploration of the retirement experience among urban Indians
Abstract:
This phenomenological study seeks to explore the life experiences of the participants to gain a holistic understanding of retirement transition in the urban Indian context. In-depth semi-structured interviews were conducted with 15 individuals within a period of five years of retirement. Seven emergent themes: 1) preparation preceding retirement; 2) retirement as a process; 3) significant changes; 4) role of family; 5) religion and spirituality; 6) gender variation in retirement; 7) opinions on retirement based on the adage 60-is-the-new-40. The unique contribution of this study lies in describing retirement as an opportunity to pursue a path of spirituality to achieve self-discovery largely by surrendering to God and discuss role of spirituality in resolving conflict in eighth stage of Erikson between ego integrity and despair. The study explained the significance of Bronfenbrenner's ecological model to highlight the interactions between an individual and its environment in retirement experience.
Journal: Int. J. of Indian Culture and Business Management
Pages: 246-272
Issue: 2
Volume: 30
Year: 2023
Keywords: retiree; retirement; aging; phenomenology; India; spirituality.
File-URL: http://www.inderscience.com/link.php?id=134245
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:2:p:246-272

Template-Type: ReDIF-Article 1.0
Author-Name: Priya Bhalla
Author-X-Name-First: Priya
Author-X-Name-Last: Bhalla
Title: Relevance of Gandhian economics in the post pandemic world: learning for the path ahead
Abstract:
COVID-19 has transformed the working of the world. It has also laid bare the inherent disorders in our economy. The extent of deaths and suffering during this pandemic brings to our minds the writings and methods of M.K. Gandhi. What lessons could the Gandhian ethos have for us during these pandemic times? And, what relevance could Gandhian thoughts have in these times? This study intends to seek answer to some of these questions. In the pursuit to establish the striking relevance of Gandhian thoughts in present times, four generalised arguments are offered that are followed by four specific socio-economic arguments summed up in the acronym RISE: rural economy, inclusive approach, sustainable development and ethics. Through these arguments Gandhian lessons are revisited.
Journal: Int. J. of Indian Culture and Business Management
Pages: 228-245
Issue: 2
Volume: 30
Year: 2023
Keywords: Gandhian economics; COVID-19; rural economy; inclusivity; ethics; sustainable development.
File-URL: http://www.inderscience.com/link.php?id=134246
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:2:p:228-245

Template-Type: ReDIF-Article 1.0
Author-Name: Sourav Rauniyar
Author-X-Name-First: Sourav
Author-X-Name-Last: Rauniyar
Author-Name: Maya Kant Awasthi
Author-X-Name-First: Maya Kant
Author-X-Name-Last: Awasthi
Title: Development and validation of activity specific tourism motivation scale for Indian consumers
Abstract:
The exploratory and novelty-seeking nature of tourists has led to an exponential growth of participative forms of tourism. This research introduces the concept of activity specific tourism (AST), which includes high-involvement tourism forms like adventure tourism, sports tourism, cultural tourism, agritourism, among others, and finds the important need identifiers of tourists' motivation to engage in AST. The study used a stepwise protocol to develop an instrument which is capable of measuring the motivation behind pursuing AST. This instrument was validated and tested for adventure tourism, cultural tourism and agritourism centres. Followed by the reliability and validity testing of the instrument, the findings of the study suggests that developed instrument effectively measure the motivational needs of tourists behind pursuing AST with seven interpretable, inclusive and distinct dimensions. This scale is expected to help in designing effective tourism products, identifying target tourist groups and design efficient promotional strategies.
Journal: Int. J. of Indian Culture and Business Management
Pages: 308-334
Issue: 3
Volume: 29
Year: 2023
Keywords: motivational dimensions; motivation measuring scale; activity specific tourism; scale validation.
File-URL: http://www.inderscience.com/link.php?id=132459
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:3:p:308-334

Template-Type: ReDIF-Article 1.0
Author-Name: Vineeta Kumari
Author-X-Name-First: Vineeta
Author-X-Name-Last: Kumari
Author-Name: Pradipta Banerjee
Author-X-Name-First: Pradipta
Author-X-Name-Last: Banerjee
Author-Name: Dharen Kumar Pandey
Author-X-Name-First: Dharen Kumar
Author-X-Name-Last: Pandey
Title: How do the sectoral indices react to COVID-19? Evidence from an emerging economy
Abstract:
The study empirically examines the impact of the COVID-19 on different sectoral indices of the National Stock Exchange (India) using the event study method and a generalised autoregressive conditional heteroskedasticity (GARCH) model. We provide evidence of positive impacts on the auto, oil and gas, healthcare, and pharma sectors. While the bank, financial services, and private bank sectors are the most adversely impacted sectors, the PSU bank, media, and reality sectors are the least impacted, and the rest are moderately impacted sectors. The overall impact of COVID-19 was negative until the implementation of nationwide lockdowns and the announcement of stimulus packages. The GARCH results exhibit more substantial evidence for the negative impact of the pandemic on the FMCG, IT, metal, oil and gas, and PSU bank sectors. We also find a more favourable impact on FMCG, pharma, and healthcare sectors in India.
Journal: Int. J. of Indian Culture and Business Management
Pages: 1-22
Issue: 1
Volume: 29
Year: 2023
Keywords: COVID-19; event study; GARCH; second wave; NIFTY; sectoral indices; pandemic; abnormal returns.
File-URL: http://www.inderscience.com/link.php?id=130923
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:1:p:1-22

Template-Type: ReDIF-Article 1.0
Author-Name: Osman Tag Elsir Masaad Hamid
Author-X-Name-First: Osman Tag Elsir Masaad
Author-X-Name-Last: Hamid
Title: The impact of monetary reward on job satisfaction among university academic staff, a comparative study of public and private universities in Gezira State, Sudan (2021)
Abstract:
It has been repeatedly shown by researchers all over the world that monetary reward motivates job satisfaction in a significantly positive way. This study aimed at identifying the impact of monetary reward on job satisfaction among public and private university academic staff comparatively, focusing on the increase in wages that occurred in Sudan in 2020. The study utilised data obtained in a random sample of 90 staff members. The study used both descriptive and inferential statistics. The main results showed that there are three factors behind none job satisfaction among teaching staff members, which included: a system of motivation, salary, none satisfaction with the increase in wages, and rewards. The study &lt;i&gt;recommends&lt;/i&gt; that measures such as rewarding decent salaries and incentives, acknowledging their contribution, and encouraging the involvement of faculty in decision-making must be taken care of as all have the potential to increase teachers' job satisfaction.
Journal: Int. J. of Indian Culture and Business Management
Pages: 353-373
Issue: 3
Volume: 29
Year: 2023
Keywords: monetary reward; job satisfaction; academic staff; Sudan.
File-URL: http://www.inderscience.com/link.php?id=132460
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:3:p:353-373

Template-Type: ReDIF-Article 1.0
Author-Name: Priyanka Chhaparia
Author-X-Name-First: Priyanka
Author-X-Name-Last: Chhaparia
Author-Name: Munmun Jha
Author-X-Name-First: Munmun
Author-X-Name-Last: Jha
Title: Corporate social responsibility and women's empowerment: evidence from India
Abstract:
The purpose of this paper is to explore the extent of the inclusion of women in the corporate social responsibility (CSR) efforts in the Indian context under the framework of women empowerment and gender equality. The paper problematises the concept of the term &lt;i&gt;women empowerment&lt;/i&gt; as understood and promoted by companies under their CSR strategy. The study is qualitative in nature, based on the CSR foundations of two pharmaceutical companies. The data has been collected from four locations &#45; Bharatpur (Rajasthan), Goa, Kanpur Dehat (Uttar Pradesh), and Lucknow (Uttar Pradesh). Although the foundations claim to contribute to women empowerment and gender equality through their CSR policies, the paper finds that the CSR activities implemented by these foundations are not contributing to women empowerment in its entirety. Instead, it is reinforcing the stereotypical roles of women by retaining them in particular kinds of professions and roles. The paper looks at the CSR activities from the viewpoint of women, providing us with a new vantage point to understand CSR policies. It explores aspects which otherwise remain hidden and tend to be overlooked.
Journal: Int. J. of Indian Culture and Business Management
Pages: 65-80
Issue: 1
Volume: 29
Year: 2023
Keywords: corporate social responsibility; CSR; women empowerment; India CSR; pharmaceutical companies; CSR foundations; CSR and women; Indian CSR; CSR and pharmaceuticals; gender equality; CSR; gender equality; India.
File-URL: http://www.inderscience.com/link.php?id=130925
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:1:p:65-80

Template-Type: ReDIF-Article 1.0
Author-Name: K.H. Pavitra
Author-X-Name-First: K.H.
Author-X-Name-Last: Pavitra
Author-Name: Lovy Sarikwal
Author-X-Name-First: Lovy
Author-X-Name-Last: Sarikwal
Title: Power distance orientation as a moderator of psychological ownership-constructive voice to supervisor relationships in IT services organisations of India
Abstract:
Employee constructive voice may enable IT services organisations to grow and develop competitive advantage through innovations. To promote employee constructive voice to supervisor, we examined if psychological ownership for job or organisation can predict constructive voice to supervisor. As culture of an individual affects workplace behaviour, we also investigated if Indian culture in the form of power distance orientation affects voice to supervisor. Using a cross-sectional research design, we surveyed 349 lower and middle-level employees of IT services organisations in India through a questionnaire. Findings showed that psychological ownership predicts constructive voice to supervisor, and this relationship is moderated by power distance orientation such that low power distance employees express more constructive voice to their supervisors than high power distance employees. This will help organisations understand how to encourage employee constructive voice conveyed to the supervisor, and understand the key role of culture in employee constructive voice expressed to supervisor.
Journal: Int. J. of Indian Culture and Business Management
Pages: 114-135
Issue: 1
Volume: 29
Year: 2023
Keywords: power distance orientation; PDO; psychological ownership; constructive voice to supervisor; employee voice; information technology services; Indian culture.
File-URL: http://www.inderscience.com/link.php?id=130926
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:1:p:114-135

Template-Type: ReDIF-Article 1.0
Author-Name: Shabnam Kumari
Author-X-Name-First: Shabnam
Author-X-Name-Last: Kumari
Author-Name: Deepti Kakar
Author-X-Name-First: Deepti
Author-X-Name-Last: Kakar
Title: Econometric perspective of agricultural exports and economic growth relationship: with reference to India and China
Abstract:
The present study is entitled to disseminate the relationship between agricultural exports and economic growth of India and China for the period of 1990 to 2020. And, the findings evince that the co-integration has been found in terms of both the country's economic growth (GDP) and other macroeconomic variables: consumer price index, gross fixed capital, labour force, and exports of fresh fruits, fresh vegetables and whole cow milk. Later on, the vector error correction model confirms the existence of long-term causality in the log series of China but not in India. The results of forecasted error variance decomposition (FEVD) and impulse response function exhibit that one fourth of the variation in GDP returns of India and China has been caused by the inflation in their respective country. The results of the present study are of immense use to agricultural exporters, government institutions, and policymakers of the Indian and Chinese economies.
Journal: Int. J. of Indian Culture and Business Management
Pages: 221-242
Issue: 2
Volume: 29
Year: 2023
Keywords: India; China; gross domestic product; GDP; co-integration; causality; agricultural exports; economic growth.
File-URL: http://www.inderscience.com/link.php?id=131440
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:2:p:221-242

Template-Type: ReDIF-Article 1.0
Author-Name: Padmasai Arora
Author-X-Name-First: Padmasai
Author-X-Name-Last: Arora
Author-Name: Neha Saini
Author-X-Name-First: Neha
Author-X-Name-Last: Saini
Author-Name: A. Jiran Meitei
Author-X-Name-First: A. Jiran
Author-X-Name-Last: Meitei
Author-Name: Hitesh Arora
Author-X-Name-First: Hitesh
Author-X-Name-Last: Arora
Author-Name: Anju Goswami
Author-X-Name-First: Anju
Author-X-Name-Last: Goswami
Title: Assessing asset quality using bank specific and macro linkages of non-performing assets: case of public sector banks in India
Abstract:
The aim of the study is to explore determinants of non-performing assets (NPAs) of public sector banks (PSBs) in India. Using balanced panel for the period 2004-2005 to 2018-2019, the study applies first difference GMM panel estimation method. The empirical analysis suggests that size of banks, exchange rate, inflation and Bankex have significant effect on non-performing assets of PSBs. Moreover, results show time persistence of non-performing assets. Alternative measures of profitability give the same negative and significant relationship with NPAs. Also, the study found mixed results regarding the relationship between advances to priority sector and non-performing assets. The major findings of the study are: 1) time persistence of NPAs in public sector banks in India; 2) profitable banks tend to have lower non-performing assets; 3) larger banks tend to have lower non-performing assets. The paper has important policy implications for the Indian public sector banks undergoing major consolidation.
Journal: Int. J. of Indian Culture and Business Management
Pages: 151-167
Issue: 2
Volume: 29
Year: 2023
Keywords: non-performing assets; NPAs; persistence; consolidation; Indian banking sector; generalised methods of moments; GMM.
File-URL: http://www.inderscience.com/link.php?id=131441
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:2:p:151-167

Template-Type: ReDIF-Article 1.0
Author-Name: Shefali Nandan
Author-X-Name-First: Shefali
Author-X-Name-Last: Nandan
Author-Name: Anjali Kushwaha
Author-X-Name-First: Anjali
Author-X-Name-Last: Kushwaha
Title: Interventions of non-governmental organisations for women's empowerment through micro-entrepreneurship: evidences from India
Abstract:
Non-governmental organisations (NGOs) play an important role in bringing transformations in society. This exploratory study aims to examine the way NGOs are affecting women empowerment in India. A qualitative multiple case study approach was adopted. It was found that the NGOs are playing a catalytic role in women empowerment, particularly in rural areas. They are focusing on making women financially independent by facilitating them to adopt micro-entrepreneurship, leading to their financial independence. NGOs are also generating awareness for self-development among women and providing a boost to their self-esteem. Their efforts have resulted into their enhanced role in family decision making and in community. The NGOs are thus enabling economic and social empowerment of women. The study identifies the four-step process adopted by NGOs for women empowerment.
Journal: Int. J. of Indian Culture and Business Management
Pages: 96-113
Issue: 1
Volume: 29
Year: 2023
Keywords: women empowerment; economic empowerment; social empowerment; micro entrepreneurship; NGO; non-governmental organisations; skill development; multiple case study.
File-URL: http://www.inderscience.com/link.php?id=130929
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:1:p:96-113

Template-Type: ReDIF-Article 1.0
Author-Name: Vineeta Kumari
Author-X-Name-First: Vineeta
Author-X-Name-Last: Kumari
Author-Name: Varun Kumar Rai
Author-X-Name-First: Varun Kumar
Author-X-Name-Last: Rai
Author-Name: Dharen Kumar Pandey
Author-X-Name-First: Dharen Kumar
Author-X-Name-Last: Pandey
Title: Impacts of pandemic-related stimulus packages on the stock market: evidence from India and the USA
Abstract:
We examine the impacts of the pandemic-related stimulus packages on the stock market during the COVID-19 period and the association between returns, volatilities, and fatality rates in the two markets. We use the event study method, vector auto regression, and correlation on a sample of 947 firms, including 452 firms from BSE500 and 495 firms from S%P500. We find a significant positive impact of the stimulus packages announced by the two governments, though with a different reaction time. The volatility index is negatively associated with the market returns in both markets. However, the market returns in both nations are not correlated with the fatality rates in these nations. We also provide evidence of similar pre-COVID period returns in both markets. More negative impacts during the COVID period were noticed in India than in the USA. The market recovery period is marked with higher recovery rates in India than in the USA.
Journal: Int. J. of Indian Culture and Business Management
Pages: 271-292
Issue: 2
Volume: 29
Year: 2023
Keywords: COVID-19; event study; India; market returns; USA; vector auto regression; VAR; global pandemic.
File-URL: http://www.inderscience.com/link.php?id=131442
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:2:p:271-292

Template-Type: ReDIF-Article 1.0
Author-Name: Pratima Verma
Author-X-Name-First: Pratima
Author-X-Name-Last: Verma
Author-Name: Ajay Jha
Author-X-Name-First: Ajay
Author-X-Name-Last: Jha
Author-Name: Vimal Kumar
Author-X-Name-First: Vimal
Author-X-Name-Last: Kumar
Author-Name: Ankesh Mittal
Author-X-Name-First: Ankesh
Author-X-Name-Last: Mittal
Author-Name: Sung Chi Hsu
Author-X-Name-First: Sung Chi
Author-X-Name-Last: Hsu
Title: The influence of personality traits on the decision making process and destination choice for travel planning
Abstract:
The five-factor model has been applied to study and analyse the personality traits such as attitudes, perceptions and personal choices of individuals across multidisciplinary studies. This study examines the influence of personality features on the decision-making process and destination choice for travel planning. A questionnaire survey-based study was carried out based on 127 Indian respondents, and the collected data were analysed using correlation and multiple regression analysis. The results of this study let out the five-factor model of personality has a great influence on the decisions-making process and destination selection of travel planning. Five of the ten hypotheses are significantly and positively linked to the decision-making process and destination choice, while rest five hypotheses are partially supported. The outcomes of this study are not limited. There are numerous travel personalities: venturers, pioneers, voyagers, journeyers, sightseers, and traditional. Future research should be expanded with other variables as the result of different travel personalities. The human common personality influences the travel personality/travel behaviour and the personality type is defined as a better tool to analyse the individual's choice for making a travel plan.
Journal: Int. J. of Indian Culture and Business Management
Pages: 23-44
Issue: 1
Volume: 29
Year: 2023
Keywords: personality traits; five-factor model; travel behaviour; destination choice; decision-making process.
File-URL: http://www.inderscience.com/link.php?id=130930
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:1:p:23-44

Template-Type: ReDIF-Article 1.0
Author-Name: Amulya Bharadwaj
Author-X-Name-First: Amulya
Author-X-Name-Last: Bharadwaj
Title: The new era of online education
Abstract:
The educational scene in India covers various angles and perspectives from pre-school to advanced education and has been created to guarantee full improvement of the human character through a predefined organised system to building learning, aptitudes, capacities and frames of mind essential for the new economy. The sudden strike of the pandemic shook the education stakeholders and the parents were one of those stakeholders who were affected by the sudden shift to online education. The research on digital supported learning as envisioned in the National Education Policy 2020 is marked by large gaps, while its sudden implementation was struggling to accept. This paper aims to capture the perceptions of parents of schoolchildren. However, the students, teachers and institutions' perceptions are relevantly significant for the overall scope of the research, to obtain a holistic stakeholder perspective on the digital learning support.
Journal: Int. J. of Indian Culture and Business Management
Pages: 188-199
Issue: 2
Volume: 29
Year: 2023
Keywords: online education; teaching-learning environment; perception of parents.
File-URL: http://www.inderscience.com/link.php?id=131443
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:2:p:188-199

Template-Type: ReDIF-Article 1.0
Author-Name: Chetna Rath
Author-X-Name-First: Chetna
Author-X-Name-Last: Rath
Author-Name: Malabika Deo
Author-X-Name-First: Malabika
Author-X-Name-Last: Deo
Title: The effect of firm performance on executive compensation in socially responsible firms: the Indian evidence
Abstract:
The purpose of this paper is to examine the pay-performance sensitivity in the case of socially responsible companies and test whether all the performance measures have a consistent impact across firms having different pay scales. Taking NSE Nifty 100 ESG Index as the data sample, a panel of 69 firms for 2014-2019 has been analysed using two-step system GMM and the quantile regression with panel data (QRPD) model after sample splits. The findings reveal that accounting-based firm performance indicators are more significant than the market-based measures affecting remuneration. Moreover, pay-performance sensitivity is more visible in firms paying lesser compensation, and public/private ownership status also plays a significant role in determining executive pay. Our findings are helpful to policymakers as it stresses the determinants of pay-performance sensitivity across various pay-quantiles in ESG firms.
Journal: Int. J. of Indian Culture and Business Management
Pages: 200-220
Issue: 2
Volume: 29
Year: 2023
Keywords: executive compensation; firm performance; India; socially responsible companies; performance-pay sensitivity; ESG firms.
File-URL: http://www.inderscience.com/link.php?id=131444
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:2:p:200-220

Template-Type: ReDIF-Article 1.0
Author-Name: Kalyani Mulchandani
Author-X-Name-First: Kalyani
Author-X-Name-Last: Mulchandani
Author-Name: Ketan Mulchandani
Author-X-Name-First: Ketan
Author-X-Name-Last: Mulchandani
Author-Name: Megha Jain
Author-X-Name-First: Megha
Author-X-Name-Last: Jain
Title: Do institutional investors care about ESG performance: evidence from India
Abstract:
Socially responsible investors (SRIs) evaluate ESG performance of firm and that is why firms have started disclosing ESG parameters in the annual reports. This study is focused on examining the impact of institutional ownership on the firm's sustainability behaviour in the Indian context. Data is collected for eight years from 2013 to 2020 for non-banking and non-finance companies for which continuous relevant data are available for all the years. Total of 736 observations is considered for the purpose of analysis. After examining the data, it is found that institutional ownership affects ESG performance negatively and unlevered firms score better ESG ratings than their counterparts.
Journal: Int. J. of Indian Culture and Business Management
Pages: 136-149
Issue: 1
Volume: 29
Year: 2023
Keywords: institutional ownership; ESG disclosures; socially responsible; panel data regression model; India.
File-URL: http://www.inderscience.com/link.php?id=130932
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:1:p:136-149

Template-Type: ReDIF-Article 1.0
Author-Name: Jeeta Sarkar
Author-X-Name-First: Jeeta
Author-X-Name-Last: Sarkar
Title: Total reward satisfaction questionnaire: scale development and validation using confirmatory composite analysis
Abstract:
The purpose of this study is to develop a valid and reliable measure of total rewards satisfaction (TRS) as a formative higher order construct. Different phases of quantitative validations vis. content validity (&lt;i&gt;n&lt;/i&gt; &#61; 13 experts), exploratory factor analysis (&lt;i&gt;n&lt;/i&gt; &#61; 180) for determining factorial structure of the scale (&lt;i&gt;n&lt;/i&gt; &#61; 215) and higher order analysis for further validation (&lt;i&gt;n&lt;/i&gt; &#61; 120) confirm a six-dimensional structure of 23-item TRS scale. The psychometric properties of the scale have also been reported. The scale demonstrates internal consistence, reliability, and construct validity.
Journal: Int. J. of Indian Culture and Business Management
Pages: 168-187
Issue: 2
Volume: 29
Year: 2023
Keywords: total rewards satisfaction; TRS; reflective-formative second-order construct; PLS-SEM; repeated indicator approach; scale development.
File-URL: http://www.inderscience.com/link.php?id=131445
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:2:p:168-187

Template-Type: ReDIF-Article 1.0
Author-Name: Jagriti Srivastava
Author-X-Name-First: Jagriti
Author-X-Name-Last: Srivastava
Author-Name: Sandeep Yadav
Author-X-Name-First: Sandeep
Author-X-Name-Last: Yadav
Title: The global financial crisis and variability in the stock price index in India: a vector error correction model approach
Abstract:
We study the cointegration and causality between the various macroeconomic variables, global financial crisis (GFC) and the Indian economy [National Stock Exchange (NSE)] stock price index (SPI) from 1995-2018. We analyse how the macroeconomic variables: exchange rate (EX), gross domestic product (GDP), consumer price index (CPI), and money supply (M2) and SPI are related using a vector error correction model (VECM). The results suggest a long-run cointegrating relationship between the above-mentioned macroeconomic variables and SPI. We also find that bidirectional causality exists between GDP and SPI in India. The results also show that SPI and GFC have a significant negative relationship.
Journal: Int. J. of Indian Culture and Business Management
Pages: 81-95
Issue: 1
Volume: 29
Year: 2023
Keywords: stock price index; SPI; exchange rate; gross domestic product; GDP; consumer price index; CPI; money supply; cointegration; causality; global financial crisis; GFC.
File-URL: http://www.inderscience.com/link.php?id=130933
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:1:p:81-95

Template-Type: ReDIF-Article 1.0
Author-Name: Hafiza Sultana
Author-X-Name-First: Hafiza
Author-X-Name-Last: Sultana
Author-Name: Tahsin Kabir
Author-X-Name-First: Tahsin
Author-X-Name-Last: Kabir
Author-Name: Mahmud A. Shareef
Author-X-Name-First: Mahmud A.
Author-X-Name-Last: Shareef
Title: Performance appraisal practices in Bangladesh: the role of culture
Abstract:
Although existing human resource management literature has investigated the link between performance appraisal and culture, research based on smaller economies in Asia is limited. With a multiple case study approach, this paper analysed the performance appraisal process of five organisations in the private sectors of Bangladesh. It also examined how cultural dimensions, namely, assertiveness, in-group collectivism, power distance, uncertainty avoidance and future orientation, influence the appraisal practices. The findings show that pioneer domestic firms are in the initial stage of transition to performance management from performance appraisal, while weaknesses, such as single-source rating, a lack of performance feedback, and an absence of documentation for performance monitoring, exist in general. In addition, recent changes in employee assessment systems reflect shifts in the national culture. This study contributes to the literature that combines performance appraisal and culture, especially in the context of an emerging economy. It also offers managerial and policy implications.
Journal: Int. J. of Indian Culture and Business Management
Pages: 472-488
Issue: 4
Volume: 28
Year: 2023
Keywords: performance appraisal practices; national culture; cultural dimensions; performance appraisal systems; performance management; human resource management; HRM; case study; emerging economy; Bangladesh.
File-URL: http://www.inderscience.com/link.php?id=130167
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:4:p:472-488

Template-Type: ReDIF-Article 1.0
Author-Name: Pooja Misra
Author-X-Name-First: Pooja
Author-X-Name-Last: Misra
Title: Text mining analysis of monetary policy statements of RBI
Abstract:
Monetary policy is a principal tool by which a country's reserve bank or financial regulatory authority influences the speed and direction of overall economic activity and general rate at which prices increase or decline. Post 2016, the official monetary policy is communicated through a statement issued by Reserve Bank of India, conveying the decision and current and future outlook of the Monetary Policy Committee. The current research aims to delve into assimilating available monetary policy statements of the Reserve Bank of India post the adoption of inflation targeting framework (2016-2020) with the objective of identifying the: 1) taxonomy related to the communications of the Reserve Bank of India via monetary policy statements; 2) degree of association between inflation targeting and topics identified through topic modelling; 3) cosine similarity between inflation targeting and identified topics. The analysis quantifies communications of the RBI using tools from computational linguistics.
Journal: Int. J. of Indian Culture and Business Management
Pages: 490-507
Issue: 4
Volume: 29
Year: 2023
Keywords: monetary policy statements; Reserve Bank of India; RBI; text mining; topic modelling; latent semantic analysis; LSA.
File-URL: http://www.inderscience.com/link.php?id=132732
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:4:p:490-507

Template-Type: ReDIF-Article 1.0
Author-Name: Aadil Rashid
Author-X-Name-First: Aadil
Author-X-Name-Last: Rashid
Author-Name: P. Ashok Kumar
Author-X-Name-First: P. Ashok
Author-X-Name-Last: Kumar
Title: Poverty alleviation through the microfinance intervention: an empirical evidence from northern parts of India
Abstract:
Microfinance has drawn major attention after being successful in providing financial services to poor underprivileged people globally. Microfinance is an institute that provides financial services as well as business development training to its beneficiaries. This paper is an attempt to investigate the nature of the relationship between the amount of loan size provided by microfinance institutes and its effect on the standard of living, health and education of its beneficiaries. An ex-post-facto design was implemented to analyse whether the size of loan amount predicts the above three dimensions of poverty. Analysis of variance has been done to analyse the significance of the number of years joined the microfinance program. The findings revealed a positive impact on the above three dimensions of poverty. We believe our grassroot research can benefit different government policies of poverty alleviation, non-government organisations and pro-poor microfinance organisations.
Journal: Int. J. of Indian Culture and Business Management
Pages: 417-435
Issue: 4
Volume: 29
Year: 2023
Keywords: entrepreneurship; education; health; microfinance; poverty; living standard; financial inclusion; SHG; microcredit; India.
File-URL: http://www.inderscience.com/link.php?id=132734
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:4:p:417-435

Template-Type: ReDIF-Article 1.0
Author-Name: C.S. Chandrahaas
Author-X-Name-First: C.S.
Author-X-Name-Last: Chandrahaas
Author-Name: Niranjan Narasimhan
Author-X-Name-First: Niranjan
Author-X-Name-Last: Narasimhan
Title: A comprehensive model of leader moral courage &#45; a study of Mahatma Gandhi and Martin Luther King, Jr. using grounded theory approach
Abstract:
An individual's moral judgment only weakly predicts their moral behaviour and moral courage is a critical factor that reduces this disparity. However, research on moral courage and its antecedents has been sparse and studies have been largely conducted in contexts where the social costs for morally courageous actions are low. This study explores the antecedents of leader moral courage by investigating the lives of two renowned socio-political leaders &#45; Mahatma Gandhi and Martin Luther King, Jr. Eleven autobiographies and biographies of these leaders were studied and critical incidents from their lives that are relevant to this study were identified. A comprehensive model of leader moral courage has been developed by using grounded-theory-based theoretical sampling, coding and constant comparison techniques on these critical incidents. Three novel antecedents to leader moral courage have also been identified. The findings of this study have implications for both business ethics research and practice.
Journal: Int. J. of Indian Culture and Business Management
Pages: 524-544
Issue: 4
Volume: 29
Year: 2023
Keywords: moral courage; grounded theory; moral intention; moral action; leadership; Gandhi; Martin Luther King; ethical challenges; antecedents; spirituality.
File-URL: http://www.inderscience.com/link.php?id=132736
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:4:p:524-544

Template-Type: ReDIF-Article 1.0
Author-Name: N.A. Jojomon
Author-X-Name-First: N.A.
Author-X-Name-Last: Jojomon
Author-Name: C. Manu
Author-X-Name-First: C.
Author-X-Name-Last: Manu
Title: User-generated content in Web 2.0 and Desti-'Nation' brand perceptions: an empirical analysis of <i>Incredible India</i> branding
Abstract:
Although destination management and marketing has received increased research attention over the past few years, limited research till date have examined the impact of Web 2.0 interactions on the destination perceptions of tourists, particularly in the context of emerging destinations. The current research aims to fill this gap by empirically exploring how user-generated content in social media influence the destination brand perceptions of potential tourists. The study was conducted in the backdrop of the &lt;i&gt;Incredible India&lt;/i&gt; campaign, which was a venture for nation branding by the Ministry of Tourism and Culture of Government of India. Results of a structural equation modelling using 280 samples collected using an online questionnaire through Amazon Mechanical Turk (MTurk) revealed that UGC had a positive significant effect on the destination brand perceptions of potential visitors. The study also provides theoretical and practical implications which can aid in better tourism management of emerging destinations.
Journal: Int. J. of Indian Culture and Business Management
Pages: 476-489
Issue: 4
Volume: 29
Year: 2023
Keywords: destination management; destination branding; Incredible India; user-generated content; UGC; Web 2.0; India.
File-URL: http://www.inderscience.com/link.php?id=132737
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:4:p:476-489

Template-Type: ReDIF-Article 1.0
Author-Name: Keerat Bhurjee
Author-X-Name-First: Keerat
Author-X-Name-Last: Bhurjee
Author-Name: Ankur Paliwal
Author-X-Name-First: Ankur
Author-X-Name-Last: Paliwal
Title: Post regulatory impact of CSR on firm value and stock volatility in India: an empirical evidence
Abstract:
We study the consequences of an exogenous regulation in 2013 making it mandatory for firms to contribute towards corporate social responsibility (CSR). Using a data set of 190 companies contributing mandatorily towards CSR, we empirically investigate the relationship between CSR, firm performance and volatility in an emerging market such as India. We also examine the moderating effects of firm size and industry in explaining the above relationship. We document a positive impact on short-and long-term firm profitability following the regulation. We do not find compelling evidence for the impact of CSR on the firms' volatility although the firm age and size plays a positive moderating role in explaining the volatility at the firm level. Finally, we also find that manufacturing firms are more socially responsible in terms of their CSR activities as compared to service sector firms. Our overall results provide empirical support for the potential benefits accruing to the CSR activities.
Journal: Int. J. of Indian Culture and Business Management
Pages: 436-457
Issue: 4
Volume: 29
Year: 2023
Keywords: corporate social responsibility; CSR; firm performance; firm size; firm age; volatility of stock returns; India.
File-URL: http://www.inderscience.com/link.php?id=132738
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:4:p:436-457

Template-Type: ReDIF-Article 1.0
Author-Name: Nidhi Tandon
Author-X-Name-First: Nidhi
Author-X-Name-Last: Tandon
Author-Name: Jayender Verma
Author-X-Name-First: Jayender
Author-X-Name-Last: Verma
Title: Determinants of consumer preference towards private label and manufacturer brands in organised packaged food retailing: a factor analysis approach
Abstract:
The consumer-based correlates seem to be the most prominent determinants of preference towards private label and manufacturer brands in organised packaged food retailing. The literature on determinants of consumer preference towards private label and manufacturer brands in organised packaged food retailing identifies consumer mindsets and 'considerations sets' as being influenced by of changes in consumer's perceptions of product attributes, on account of changes in pre-held consumer inclinations, or on account of changes in perceptions with regard to category management across stores-based shelves and perceptions of prior loyalties. The study hence derived from a sample size of 438 and establishes relationship amongst the aspects. The theoretical contributions of the study lies in the benefits that the grocery retailers seem to realise and the integration of the scattered pieces of theory and literature that could be of vital help for leveraging the power of customer psychographics in facilitating the shift from national brands to store promoted retailer brands in food retailing. The research findings promote the earlier studies under the umbrella of 'cue utilisation' theory, 'planned behavioural' prospects, 'expected utility' prospects and 'self-perception' theory.
Journal: Int. J. of Indian Culture and Business Management
Pages: 508-523
Issue: 4
Volume: 29
Year: 2023
Keywords: private label behaviour; packaged food; retailing determinants; factor analysis; SEM.
File-URL: http://www.inderscience.com/link.php?id=132740
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:4:p:508-523

Template-Type: ReDIF-Article 1.0
Author-Name: Jayendira P. Sankar
Author-X-Name-First: Jayendira P.
Author-X-Name-Last: Sankar
Title: Theories of leadership in business: Thirukkural perspective
Abstract:
The study presents Thirukkural's perspective on the aspects of leadership theories in business. Leadership theories in business may be recognised as a method of managing various company tasks, including great man and trait theory, behavioural theory, contingent and situational theory, and transactional and transformational theory. Organisations throughout the globe have been using leadership ideas for decades. Thirukkural is one of the purest and noblest representations of human thinking; Thiruvalluvar is one of the world's great genii. To comprehend which disclosures about reading texts, the essay uses a scale called hermeneutics, research, and theory. Thirukkural promotes a cognisance and leadership-based strategy to corporate organisations, according to this article. This article highlights the Thirukkural perspective of leadership theories in business. Future studies should look at other areas such as stress management, time management and human resource management.
Journal: Int. J. of Indian Culture and Business Management
Pages: 545-560
Issue: 4
Volume: 29
Year: 2023
Keywords: leadership; great man and trait theory; behavioural theory; contingent and situational theory; transactional and transformational theory; Thirukkural; Thiruvalluvar.
File-URL: http://www.inderscience.com/link.php?id=132743
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:4:p:545-560

Template-Type: ReDIF-Article 1.0
Author-Name: Swati Mathur
Author-X-Name-First: Swati
Author-X-Name-Last: Mathur
Author-Name: Rushabh Trivedi
Author-X-Name-First: Rushabh
Author-X-Name-Last: Trivedi
Author-Name: Mahendra Kumar Shukla
Author-X-Name-First: Mahendra Kumar
Author-X-Name-Last: Shukla
Author-Name: Pinaki Nandan Pattnaik
Author-X-Name-First: Pinaki Nandan
Author-X-Name-Last: Pattnaik
Title: Examining the antecedents of effectiveness of training through virtual learning environment
Abstract:
The purpose of this paper is to identify the antecedents of effectiveness of training through virtual learning environment. For this study, technology acceptance model (TAM1 and TAM2) and the theory of reasoned action (TRA) were used to relate training efficiency among users through virtual learning environment (VLE). The relationships between behavioural intention (BI), subjective norm (SN), perceived ease of use (PEU) and perceived use (PU) with learning effectiveness (LE) were evaluated. The cross-sectional descriptive research design has been used for answering the research questions. Partial least square-structural equation modelling (PLS-SEM) technique was used for data analysis using SMARTPLS 3.3.1 software. There was a significant positive association between LE by training through VLE and all the constructs adapted from TAM and TRA model. Implications for future research and practices are discussed.
Journal: Int. J. of Indian Culture and Business Management
Pages: 458-475
Issue: 4
Volume: 29
Year: 2023
Keywords: training; virtual learning environment; VLE; technology acceptance model; TAM; behavioural intention; subjective norm; perceived usefulness; perceived ease of use; learning effectiveness.
File-URL: http://www.inderscience.com/link.php?id=132749
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:4:p:458-475

Template-Type: ReDIF-Article 1.0
Author-Name: M. Charan
Author-X-Name-First: M.
Author-X-Name-Last: Charan
Title: Influence of consumer tribalism on purchase behaviour: an empirical study through the lens of tribalism using recreational running groups/clubs in India
Abstract:
This study explores the consumer tribal phenomenon to understand the closely connected informal groups' influence on its members' purchase behaviours. Dimensions for tribalism were adopted from Sahlins's segmentary lineage theory and informational and normative influence indicated purchase behaviours. A hypothesised model was tested using SEM and was a good fit. The study focused on runners of recreational running groups as they fit the consumer tribal description (n &#61; 399). Between normative and information influence, there was a higher positive correlation between tribalism and informational purchase behaviour, suggesting tribes are voluntary and knowledgeable where members identification, belonging and emotional connection to the group can influence members purchase behaviours. These influences are based on trust, camaraderie and friendship that are created by mutuality and interdependence that is based on common passion. Study implies firms can position their product offering and leverage these expert groups for various engagements and for researchers provides an alternative perspective to understand consumption.
Journal: Int. J. of Indian Culture and Business Management
Pages: 243-270
Issue: 2
Volume: 29
Year: 2023
Keywords: consumer tribes; tribalism; social influence; normative influence; informational influence; purchase behaviour; informal groups; group influence; tribal marketing; recreational running groups/clubs in India; India.
File-URL: http://www.inderscience.com/link.php?id=131475
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:2:p:243-270

Template-Type: ReDIF-Article 1.0
Author-Name: Md. Hasanur Rahman
Author-X-Name-First: Md. Hasanur
Author-X-Name-Last: Rahman
Author-Name: Munem Ahmad Chowdhury
Author-X-Name-First: Munem Ahmad
Author-X-Name-Last: Chowdhury
Author-Name: Mst Sharmin Akter
Author-X-Name-First: Mst Sharmin
Author-X-Name-Last: Akter
Title: Interaction of market size, inflation and trade openness on foreign direct investment inflows in India, China and Japan: panel dynamic analysis
Abstract:
In the world of competitiveness, FDI is considered as a macroeconomic component, and that developing countries are introducing it as a substitute for their larger investment gaps in policies. Fast-growing countries like China, India, and Japan are also no exception to this. Findings from the study confirm the existence of a long-term relationship among the variables. The long-run dynamic equation shows a greater degree of openness and an expansion of market size attracts more FDI in the long run, whilst raising the inflation rate discourages foreigners from investing. In the short run, none of the variables have any sort of significant relationship with the Granger causality test, giving an interesting insight that unidirectional causalities exist with the remaining variables, which run from FDI to trade openness. In a nutshell, FDI helps to sustain the economies of these countries through its multiplier impact on other macroeconomic factors.
Journal: Int. J. of Indian Culture and Business Management
Pages: 45-64
Issue: 1
Volume: 29
Year: 2023
Keywords: foreign direct investment; FDI; inflation; market size; trade openness; India; China; Japan.
File-URL: http://www.inderscience.com/link.php?id=130963
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Handle: RePEc:ids:ijicbm:v:29:y:2023:i:1:p:45-64

Template-Type: ReDIF-Article 1.0
Author-Name: Prasid Gurung
Author-X-Name-First: Prasid
Author-X-Name-Last: Gurung
Author-Name: Soumitra Sarkar
Author-X-Name-First: Soumitra
Author-X-Name-Last: Sarkar
Title: Performance analysis of microfinance institutions: empirical evidence from MFIs of West Bengal
Abstract:
This paper aims to study the structural break in the microfinance industry caused by 'The Microfinance Institutions (Development and Regulation) Bill, 2012'. Data relating to 28 microfinance institutions (MFIs) of West Bengal for 14 years have been sourced from the Microfinance Information Exchange database with reference to the sustainability and performance of MFIs. For performance analysis, the parameters include a matrix of four performance indicators &#45; portfolio quality, financial/operational efficiency, profitability and social performance. The study applied a panel data analysis module using fixed effect model (FEM) and random effect model (REM) and Hausman test was applied for the justification of the suitable model for the study. The result of the study provides shreds of evidence that the profitability of microfinance institutions is largely dependent on their financial and operational efficiency rather than their portfolio quality and social performance.
Journal: Int. J. of Indian Culture and Business Management
Pages: 307-323
Issue: 3
Volume: 30
Year: 2023
Keywords: microfinance; microfinance institutions; MFIs; Hausman test; portfolio quality; financial and operational efficiency.
File-URL: http://www.inderscience.com/link.php?id=135317
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:3:p:307-323

Template-Type: ReDIF-Article 1.0
Author-Name: Pallakshi Bordoloi
Author-X-Name-First: Pallakshi
Author-X-Name-Last: Bordoloi
Title: Pricing mechanisms of petroleum products implemented during the post APM period in India: an analysis
Abstract:
Several structural changes have taken place in the pricing system of major petroleum products in the Indian petroleum industry since its origin. The administered pricing mechanism (APM) was a remarkable change that has taken place in the history of the Indian petroleum industry for determining petroleum product prices. The development and economic condition of this industry is an important matter of national interest. Rapid globalisation and a fast changing economic environment brought enormous opportunities for the oil companies in India to prosper and spread out their operations globally. The objective of this paper is to critically discuss the pricing mechanisms followed during pre and post APM period and to find out the logic of implementing &lt;i&gt;import parity pricing&lt;/i&gt; (IPP), &lt;i&gt;export parity pricing&lt;/i&gt; (EPP) and &lt;i&gt;trade parity pricing&lt;/i&gt; (TPP) mechanisms during post APM period.
Journal: Int. J. of Indian Culture and Business Management
Pages: 416-433
Issue: 3
Volume: 30
Year: 2023
Keywords: pricing; petroleum products; administered pricing mechanism; APM; import parity pricing; IPP; export parity pricing; EPP; trade parity pricing; TPP; India.
File-URL: http://www.inderscience.com/link.php?id=135318
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:3:p:416-433

Template-Type: ReDIF-Article 1.0
Author-Name: Aastha Garg
Author-X-Name-First: Aastha
Author-X-Name-Last: Garg
Author-Name: Sibichan K. Mathew
Author-X-Name-First: Sibichan K.
Author-X-Name-Last: Mathew
Title: Country of origin of manufacture &#45; perceived image and its competitive advantage with a focus on the Indian apparel sector
Abstract:
Globalisation has paved the way for many apparel brands to seize the opportunities of selling their goods not only to worldwide consumers but also reap the competitive advantage of manufacturing globally. Disclosure of country of origin (country where apparel is manufactured/where substantial part of manufacturing takes place) information has now become mandatory in the majority of the prominent retail markets. COO thus becomes a visible cue and fundamental in explaining the consumer's behaviour in a globalised marketplace. COO acts as a surrogate of mark of quality, which would then influence the consumer's predisposition towards these products. The study offers theoretical and managerial implications, as apparel brands can gauge in better understanding of consumer preferences for apparels manufactured in different countries based on consumer's perceived country images. Using this study, brands can develop their strategy based on the differentiating factors and use them as a leverage to enter the Indian market.
Journal: Int. J. of Indian Culture and Business Management
Pages: 385-397
Issue: 3
Volume: 30
Year: 2023
Keywords: country of origin; manufacturing country image; apparel; Indian consumer.
File-URL: http://www.inderscience.com/link.php?id=135319
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:3:p:385-397

Template-Type: ReDIF-Article 1.0
Author-Name: Harshika Jain
Author-X-Name-First: Harshika
Author-X-Name-Last: Jain
Author-Name: Reena Nayyar
Author-X-Name-First: Reena
Author-X-Name-Last: Nayyar
Title: Bibliometric review of research in mergers and acquisitions in business finance
Abstract:
This study aimed at highlighting the progress of research in the field of mergers and acquisitions (M&amp;As), especially in the area of business finance. In this study, bibliometric analysis was conducted on 442 articles in the field of M&amp;As in business finance area from 1968-2020 by employing bibliometric and citation network analysis. Previous studies have focused comprehensively on areas such as organisation and strategic management. This study was the first to focus on business finance and also focused on the history of M&amp;As research and country-wise studies in the field of M&amp;As. The evolution of M&amp;As research in different countries, co-citation, and bibliographic coupling between different works and countries, highlight the progress of research in M&amp;As. It was observed that the subjects of exploration advanced over the timeframe and research pattern was acquiring pace in developing nations, which additionally led to the rise of new points for research.
Journal: Int. J. of Indian Culture and Business Management
Pages: 398-415
Issue: 3
Volume: 30
Year: 2023
Keywords: bibliometric analysis; mergers and acquisitions; M&As; target; acquirer; review; bidder.
File-URL: http://www.inderscience.com/link.php?id=135320
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:3:p:398-415

Template-Type: ReDIF-Article 1.0
Author-Name: Preeti Devi
Author-X-Name-First: Preeti
Author-X-Name-Last: Devi
Author-Name: Tejinder Sharma
Author-X-Name-First: Tejinder
Author-X-Name-Last: Sharma
Title: Examining the satisfaction level of insurance policy holders at subsistence marketplaces: the bottom-up approach
Abstract:
In the present times of competitive offerings, customer satisfaction matters a lot even in the subsistence marketplaces. If any manufacturer or service providers think otherwise, then their long-term survival is questionable. As satisfaction leads to a loyal customer base, which in turn, ensures profitable and sustainable long-term survival, the present study aims to examine the satisfaction level of insurance policy holders belonging to subsistence marketplaces in Haryana State of India. Initially a qualitative survey was conducted and the primary data was collected via a structured questionnaire on a five-point Likert scale from 294 respondents. The statistical tools such as percentage, mean, standard deviation and Kruskal Wallis H test are employed to test the hypothesis of the study. The findings reflect that the insurance policy holders at subsistence marketplaces are satisfied with insurance products and related aspects. Further, the overall satisfaction level of insurance policyholders at subsistence marketplaces does not vary significantly across residential status and monthly family saving, whereas it differs significantly across education level and occupation.
Journal: Int. J. of Indian Culture and Business Management
Pages: 347-359
Issue: 3
Volume: 30
Year: 2023
Keywords: subsistence marketplaces; consumer satisfaction; insurance products; insurance policy holders; socio-demographic characteristics; India.
File-URL: http://www.inderscience.com/link.php?id=135321
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:3:p:347-359

Template-Type: ReDIF-Article 1.0
Author-Name: Pramod Paliwal
Author-X-Name-First: Pramod
Author-X-Name-Last: Paliwal
Author-Name: Ritu Sharma
Author-X-Name-First: Ritu
Author-X-Name-Last: Sharma
Title: Mapping determinants of stakeholder perceptions about higher education institutions: an Indian context
Abstract:
Higher education institutions (HEIs) have long attempted to identify parameters that constitute perception among their significant stakeholders. Understanding stakeholder perceptions is vital for HEIs as, along with other factors, they contribute significantly to HEI reputation, and hence (stakeholder) perceptions are also used as an input for ranking HEI. This paper aims to revisit HEIs stakeholder groups (for an adequate identification of stakeholder groups whose perceptions are valuable) to identify the parameters that help determine these stakeholders' perceptions and suggest a theoretical framework that helps Indian HEIs. Case study of an Indian HEI involving expert opinion and focus group discussion techniques is the research methodology used to attain the research objectives. The major findings are: 1) a comprehensive set of stakeholders that are particularly relevant for Indian HEIs; 2) an inventory of determinants in the context of each of these stakeholder groups on which these groups form a perception about HEIs; 3) a theoretical framework based on which concerned decision makers at Indian HEIs/universities can act upon to deal with HEIs stakeholders' perceptions.
Journal: Int. J. of Indian Culture and Business Management
Pages: 324-346
Issue: 3
Volume: 30
Year: 2023
Keywords: higher education institutions; HEIs; university ranking; students' perception; India.
File-URL: http://www.inderscience.com/link.php?id=135322
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:3:p:324-346

Template-Type: ReDIF-Article 1.0
Author-Name: Arti Gupta
Author-X-Name-First: Arti
Author-X-Name-Last: Gupta
Title: Prioritising factors of retention for information technology professionals: an application of multi-criteria decision-making technique
Abstract:
Considering the higher turnover rate of information technology (IT) professionals and retention issues, the aim of this paper is to reveal the employees' perception of organisational, social and job-related factors affecting their decision to stay in the current job. This study not only assesses the important factors but also prioritises those factors which influence an employee's decision to remain associated with the organisation. A hierarchal structural framework (HSF) of the employee's decision-making regarding intention to stay on the job is proposed in this study. Additionally, it fulfils the gap and enriches the existing literature related to enhancing the employees' decision to remain in the organisation with reference to IT professionals. This study utilised AHP technique, which represents a novelty in the literature of employee retention. A hierarchy of employees' decision framework (HSF) is developed based on their priority to the factor.
Journal: Int. J. of Indian Culture and Business Management
Pages: 434-455
Issue: 3
Volume: 30
Year: 2023
Keywords: analytical hierarchy process; AHP; employee turnover; intention to stay; multi-criteria decision-making technique; software professionals.
File-URL: http://www.inderscience.com/link.php?id=135324
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:3:p:434-455

Template-Type: ReDIF-Article 1.0
Author-Name: Vipin Rathore
Author-X-Name-First: Vipin
Author-X-Name-Last: Rathore
Author-Name: Sandeep Singh
Author-X-Name-First: Sandeep
Author-X-Name-Last: Singh
Author-Name: Nidheesh Yadav
Author-X-Name-First: Nidheesh
Author-X-Name-Last: Yadav
Title: Nada yoga: effective complementary module for the stress-induced psycho-physiological disorders
Abstract:
This research paper is aimed at finding the ancient verses documented in the classical text related to nada yoga. Previous studies had widely revealed that stress plays an important role in various physiological and psychological changes in the human being, diminishing immunity-related biological systems and various metabolic disorders. The research study opposes the application of antiquated knowledge to improve health at all societal levels by focusing on the numerous biological and psychological factors connected to immunity and metabolism. It reveals the exploration of the effectiveness of nada yoga as a tool for stress management. The research paper's comments at the end discuss nada yoga as an emerging therapeutic approach that offers a preferable substitute and supplemental mechanism for resolving stress-related problems and boosting immunity in general. It suggests that nada yoga is an effective complementary module for stress-induced psycho-physiological disorders leading to a wide arena for future research and study of its implications scientifically.
Journal: Int. J. of Indian Culture and Business Management
Pages: 360-367
Issue: 3
Volume: 30
Year: 2023
Keywords: nada yoga; sound therapy; immunity; stress; stress management.
File-URL: http://www.inderscience.com/link.php?id=135325
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:3:p:360-367

Template-Type: ReDIF-Article 1.0
Author-Name: Manmeet Singh
Author-X-Name-First: Manmeet
Author-X-Name-Last: Singh
Author-Name: Nilesh Ware
Author-X-Name-First: Nilesh
Author-X-Name-Last: Ware
Title: SWOT and AHP analysis for quality and reliability culture in public design centres of India
Abstract:
Indian design centres have fixed a place for themselves in little over seven decades for the development of products ranging from space, defence, agriculture, medical, and aerospace domains. Quality and reliability practices are followed for the entire product design life cycle. This work is based on the study on quality and reliability management practices followed for systems in public design centres of India. A focus group study is carried out for SWOT and AHP analysis of quality and reliability culture in public design centres of India. Weightage of each SWOT set and each SWOT factor is evaluated through pairwise comparison matrices using AHP. SWOT strategies are suggested by the focus group and are ranked based on AHP and relevance value. In SWOT sets, the maximum weightage of 0.4547 is for strengths. The highest total relevance value is for the strategy of increasing the export potential of Indian designed product by firming up the quality and reliability practices and using the advanced technology. This will make the product more robust.
Journal: Int. J. of Indian Culture and Business Management
Pages: 368-384
Issue: 3
Volume: 30
Year: 2023
Keywords: quality and reliability; Q&R; R&D management; engineering systems; India.
File-URL: http://www.inderscience.com/link.php?id=135326
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:3:p:368-384

Template-Type: ReDIF-Article 1.0
Author-Name: Anoop George
Author-X-Name-First: Anoop
Author-X-Name-Last: George
Author-Name: Manu Melwin Joy
Author-X-Name-First: Manu Melwin
Author-X-Name-Last: Joy
Author-Name: S. Muhammed Nowfal
Author-X-Name-First: S. Muhammed
Author-X-Name-Last: Nowfal
Author-Name: Muhammed Sajid
Author-X-Name-First: Muhammed
Author-X-Name-Last: Sajid
Title: Does the utilitarian value of gamified virtual currency affect its usage intention in the context of e-commerce?
Abstract:
Gamification is the application of game mechanics to a serious situation in order to motivate consumers to purchase products or services. Gamification has been utilised in e-commerce communication to strengthen intent to use. The research utilises an extended technology acceptance model to evaluate the usage intention of gamified virtual currency, with an emphasis on its utilitarian value characteristics. An online survey was conducted to collect data from appropriate virtual currency consumers in an e-tail setting. In this study, PLS-SEM is used to analyse data with a sample size of 310 active virtual currency users. The incremental impact of the virtual currency's utilitarian value on the intention to utilise it is demonstrated in this empirical study. Perceived usefulness, perceived ease of use, and attitude appear to be major mediating variables. This research also includes discussions, limitations, and suggestions for further studies.
Journal: Int. J. of Indian Culture and Business Management
Pages: 285-300
Issue: 3
Volume: 28
Year: 2023
Keywords: utilitarian value; gamification; extended TAM; virtual currency; intention to use; e-commerce; PLS-SEM; e-tail.
File-URL: http://www.inderscience.com/link.php?id=129708
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:3:p:285-300

Template-Type: ReDIF-Article 1.0
Author-Name: M. Vasan
Author-X-Name-First: M.
Author-X-Name-Last: Vasan
Author-Name: G. Yoganandan
Author-X-Name-First: G.
Author-X-Name-Last: Yoganandan
Title: Reading habits of students of higher learning institutions during COVID-19 lockdown period
Abstract:
This research aims to examine the leisure reading habits of students during the COVID-19 lockdown period (N &#61; 156). The study identified that most of the students have the habit of reading newspapers, and they preferred to read literary works in the areas of novel, story and poem. The majority of students enjoy reading books. Students are regularly reading books to update themselves, and they have a regular habit of reading books other than textbooks. Moreover, the study result proves that doing a part time job, time spent in the SNS, and playing mobile/online games are substantially curtailed the students' reading habits.
Journal: Int. J. of Indian Culture and Business Management
Pages: 352-367
Issue: 3
Volume: 28
Year: 2023
Keywords: COVID-19; pandemic; higher learning institutions reading habit; students; young learners.
File-URL: http://www.inderscience.com/link.php?id=129709
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:3:p:352-367

Template-Type: ReDIF-Article 1.0
Author-Name: Arshad Hussain
Author-X-Name-First: Arshad
Author-X-Name-Last: Hussain
Author-Name: Pratim Barua
Author-X-Name-First: Pratim
Author-X-Name-Last: Barua
Author-Name: Tridib R. Sarma
Author-X-Name-First: Tridib R.
Author-X-Name-Last: Sarma
Title: Supply chain mapping for supply chain visualisation: Muga silk industry in Assam
Abstract:
Development efforts in the Muga silk industry have underperformed due to lack of supply chain visualisation. There exists a wide knowledge gap on supply chain perspectives that can be reliably referred upon, for planning industry development. Supply chain mapping has gained importance as a feasible approach for the problem of visualisation. Strategic supply chain mapping approach professed by Gardner and Cooper (2003) matches the industry focus of this study. Process mapping and relationship mapping have been used as sub-approaches to acquire systematic information on our descriptive modelling objective. The study has effectively delivered a comprehensive supply chain map covering information on entities, SC processes and sub-processes, material flow, product categories, process interactions and industry administration horizons. A separate spatial map was also produced. This is an original research application of supply chain mapping approach for achieving visualisation in the Muga silk supply chain.
Journal: Int. J. of Indian Culture and Business Management
Pages: 401-424
Issue: 3
Volume: 28
Year: 2023
Keywords: strategic supply chain mapping; process mapping; relationship mapping; Muga silk; supply chain visualisation.
File-URL: http://www.inderscience.com/link.php?id=129710
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:3:p:401-424

Template-Type: ReDIF-Article 1.0
Author-Name: Vikas Srivastava
Author-X-Name-First: Vikas
Author-X-Name-Last: Srivastava
Title: Is credit default swap spread a leading indicator of bank default risk? Evidence of Indian banks during the COVID-19 pandemic
Abstract:
The paper investigates whether credit default swaps (CDSs) spread of Indian banks is a leading indicator for bank default risk. The paper uses Merton-type models to estimate theoretical CDS spread of the sample of Indian banks and then compares it to their balance sheet ratios. Though theoretically, higher CDS spreads indicate higher default risk, the paper finds that in times of shocks, like the present COVID-19 crisis, it becomes difficult to isolate the spread movements due to true default risk versus those based on panic and speculation. The paper then correlates equity premiums and CDS premiums and finds negative correlation. The equity market returns lead the CDS market returns in capturing default risk. As default risk is priced better in equity markets, it is preferable for institutional investors to trade default risk of Indian banks in the stock markets rather than the CDS markets.
Journal: Int. J. of Indian Culture and Business Management
Pages: 384-400
Issue: 3
Volume: 28
Year: 2023
Keywords: credit default swaps; CDSs; default risk; credit risk; Indian banks; COVID-19 pandemic; structural models of default; equity premiums; CDS premiums.
File-URL: http://www.inderscience.com/link.php?id=129711
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:3:p:384-400

Template-Type: ReDIF-Article 1.0
Author-Name: Sunayana Kumar
Author-X-Name-First: Sunayana
Author-X-Name-Last: Kumar
Author-Name: Anam Aslam
Author-X-Name-First: Anam
Author-X-Name-Last: Aslam
Author-Name: Aamir Aslam
Author-X-Name-First: Aamir
Author-X-Name-Last: Aslam
Title: Mediating effect of organisational learning and organisational innovation between transformational leadership and organisational performance in the Indian manufacturing industry
Abstract:
The present study examines the mediating effect of organisational learning (OL) and organisational innovation (OI) between transformational leadership (TL) and organisational performance (OP) in Indian manufacturing companies. This paper also examines the relationships among TL, OL, OI and OP. The data comprise 362 managers from various manufacturing companies listed on the National Stock Exchange (NSE) of India. Structural equation modelling (SEM) was applied to examine the suggested hypothesised relationship. The results indicate that TL directly affects OL, OI, and OP and has a more substantial direct impact on OI than OL. Additionally, OI has a positive and significant effect on OP. Moreover, OL and OI significantly mediate the relationship between TL and OP. This study also tests TL with two mediating variables OL and OI with OP that have not been examined previously in theory and analysed empirically in an Indian context.
Journal: Int. J. of Indian Culture and Business Management
Pages: 368-383
Issue: 3
Volume: 28
Year: 2023
Keywords: transformational leadership; organisational learning; organisational innovation; organisational performance; India; structural equation modelling; SEM; mediation; manufacturing companies; business management.
File-URL: http://www.inderscience.com/link.php?id=129712
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:3:p:368-383

Template-Type: ReDIF-Article 1.0
Author-Name: Amit Gupta
Author-X-Name-First: Amit
Author-X-Name-Last: Gupta
Title: <i>Ishq</i> &#45; the <i>Sufi</i> Way of leadership
Abstract:
This paper studies three types of leadership theories &#45; value-based leadership, indigenous leadership, and leadership theories with traces of mysticism. The author shows how Sufism can be viewed as a framework of leadership (Spiller and Watson, 2021) that holds a sustained relevance in enduring turbulent times. The paper is timely because of increased interest in positive leadership, values-based leadership and culturally rooted leadership. This paper extends leadership literature in multiple ways. First, it brings to light the relevance of a mystic critique of Sufism built on love in the contemporary situation and is the first work to present Sufism as a different way of leadership. Second, it synchronises with the rising voice of scholars who suggest that leadership studies, devoid of context, are incomplete and that non-western models of leadership must emerge (Sudhakar, 2021; Mango, 2018). Third, it addresses the concern of scholars who have been imploring for taking leadership beyond the realms of logic and including more elements of mysticism (van Lingen, 2019). Finally, future possible research directions are discussed.
Journal: Int. J. of Indian Culture and Business Management
Pages: 321-351
Issue: 3
Volume: 28
Year: 2023
Keywords: Sufism; blended leadership; indigenous leadership; non-western leadership; COVID-19; culture; heritage; India.
File-URL: http://www.inderscience.com/link.php?id=129713
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:3:p:321-351

Template-Type: ReDIF-Article 1.0
Author-Name: Aquil Ahmad Khan
Author-X-Name-First: Aquil Ahmad
Author-X-Name-Last: Khan
Author-Name: M. Shuaib Mohamed Haneef
Author-X-Name-First: M. Shuaib Mohamed
Author-X-Name-Last: Haneef
Title: Digital media economy: business models and financial challenges in three Indian English digital native news websites
Abstract:
The internet is overloaded with content and its overabundance has serious implications for the political economy of news industry. Media organisations are grappling with various pricing models in the ever-expanding competitive market scenarios. Digital media publishers are torn between the choices of providing content free to the audience and at the same time have readers pay for it. This study explores the emerging business models and challenges in three Indian English digital native news organisations through participant-observation and in-depth interviews. This study uncovers that the three news websites are yet to identify a sustainable business model partly due to stiff competition posed to them by the duopoly of Google and Facebook. However, the failure of digital native websites in generating sufficient revenue from advertising is slowly pushing them to consider paywall as the optimum business proposition that would allow them to generate revenue without interventions from platforms.
Journal: Int. J. of Indian Culture and Business Management
Pages: 139-155
Issue: 1
Volume: 30
Year: 2023
Keywords: digital native news media; business model; paywall; financial challenges; crowd funding.
File-URL: http://www.inderscience.com/link.php?id=133559
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:1:p:139-155

Template-Type: ReDIF-Article 1.0
Author-Name: Kirti Aggarwal
Author-X-Name-First: Kirti
Author-X-Name-Last: Aggarwal
Title: Company characteristics and human resource disclosures: a story about corporate transparency from India
Abstract:
The objective of the study is to examine the effect of company characteristics on human resource disclosure index in manufacturing sector companies in India using the time span from the years FY 2012-2013 to 2017-2018. The data were analysed using descriptive statistics, Pearson's correlation matrix and one-way least square dummy variable (LSDV) regression model. The outcome one-way LSDV regression model portrayed that there is significant positive impact of net fixed assets, market capitalisation, return on equity, quick ratio and significant negative of net sales, promoter's holding, current ratio, listing status on HRDI of the manufacturing sector companies listed in India. Overall, it can be said that the present study motivates the Indian corporate sector to enhance their HR disclosure practices. Further, it will expect from accounting and regulatory bodies to set some standards to make the HR disclosure practices mandatory in nature.
Journal: Int. J. of Indian Culture and Business Management
Pages: 1-28
Issue: 1
Volume: 30
Year: 2023
Keywords: company characteristics; human resource disclosure index; HRDI; manufacturing sector; LSDV regression model; India.
File-URL: http://www.inderscience.com/link.php?id=133562
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:1:p:1-28

Template-Type: ReDIF-Article 1.0
Author-Name: Rajwinder Kaur
Author-X-Name-First: Rajwinder
Author-X-Name-Last: Kaur
Author-Name: Gagandeep Kaur
Author-X-Name-First: Gagandeep
Author-X-Name-Last: Kaur
Title: What makes employee happy? A hybrid approach through extensive literature review with evidence from the education industry
Abstract:
The main purpose of the study is to explore the factors of employee happiness through an extensive literature survey. The study has used a review-based descriptive method and it has scrutinised approximately 100 research papers to find the prominent factors of employee happiness. In order to get more accurate results, focused group interviews (FGD's) and semi-structured interviews are conducted in the education industry to validate the obtained results. The results of the study reveal several factors that influence employee happiness and are critical for both employees and organisations. The findings indicate factors such as work environment, work-life balance, leadership, reward and recognition, etc., are the top factors that influence employee happiness. Further, the study also explains the managerial implications of these factors. Organisations can utilise these factors to make their employees happy and satisfied that may eventually enhance their stay in the organisation.
Journal: Int. J. of Indian Culture and Business Management
Pages: 65-82
Issue: 1
Volume: 30
Year: 2023
Keywords: employees; engagement; happiness; performance; productivity; satisfaction.
File-URL: http://www.inderscience.com/link.php?id=133563
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:1:p:65-82

Template-Type: ReDIF-Article 1.0
Author-Name: Sudarshan Maity
Author-X-Name-First: Sudarshan
Author-X-Name-Last: Maity
Author-Name: Tarak Nath Sahu
Author-X-Name-First: Tarak Nath
Author-X-Name-Last: Sahu
Author-Name: Anusri Mallik
Author-X-Name-First: Anusri
Author-X-Name-Last: Mallik
Title: Factors of investment decision and mutual funds business management
Abstract:
The present study investigates factors that disappoint investment decisions in mutual funds (MFs). To analyse, 12 questionnaires including demographic factors have been asked to the 436 respondents from West Bengal, India. The researchers analysed the data by applying a four-point Likert scale. After establishing reliability with the help of Cronbach's coefficient alpha, principal components analysis has been used to analyse the respondents' perception of investing in MFs. The study concludes that there are two major perceptual factors: risk-return and knowledge-awareness that impede investment in MFs. To take several marketing strategies, it is essential to know the views of various investors. This study will help investors an overall guide in investing in MFs and will help the mutual fund industry to take a decision in their marketing strategy to enhance the business, which ultimately fastens necessary reforms in the global perspective.
Journal: Int. J. of Indian Culture and Business Management
Pages: 51-64
Issue: 1
Volume: 30
Year: 2023
Keywords: investment; perception; principal components analysis; mutual fund.
File-URL: http://www.inderscience.com/link.php?id=133564
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:1:p:51-64

Template-Type: ReDIF-Article 1.0
Author-Name: Ruchika Gupta
Author-X-Name-First: Ruchika
Author-X-Name-Last: Gupta
Author-Name: Amirul Hasan Ansari
Author-X-Name-First: Amirul Hasan
Author-X-Name-Last: Ansari
Title: Impact of employability perception on job satisfaction of new managers in information technology industry: mediating role of initial compensation
Abstract:
The study aims to analyse the employability perception of new managers that may enhance their propensity to gain better initial compensation and increased job satisfaction. Moreover, the study investigates whether initial compensation drives these managers to be satisfied in their new jobs. PLS-SEM path analysis technique was used to evaluate a dataset of 250 newly employed managers in the information technology industry. Results indicate that external employability perception towards university brand, course credibility and market demand positively affects initial compensation. However, internal employability perception of self-confidence and self-awareness positively affects job satisfaction. Interestingly, findings suggest that mediation of initial compensation would lead new managers who perceive themselves as worthy in the external job market to experience reduced job satisfaction. The study prompts industry practitioners to capitalise on the managerial psychology of new managers to drive sustainability at a time of speedy technological advancement.
Journal: Int. J. of Indian Culture and Business Management
Pages: 102-118
Issue: 1
Volume: 30
Year: 2023
Keywords: internal employability perception; external employability perception; information technology; initial compensation; job satisfaction; job outcomes; new managers; structural equation modelling; SEM; India.
File-URL: http://www.inderscience.com/link.php?id=133565
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:1:p:102-118

Template-Type: ReDIF-Article 1.0
Author-Name: Khujan Singh
Author-X-Name-First: Khujan
Author-X-Name-Last: Singh
Author-Name: Aarti Devi
Author-X-Name-First: Aarti
Author-X-Name-Last: Devi
Author-Name: Pooja Muwal
Author-X-Name-First: Pooja
Author-X-Name-Last: Muwal
Title: Awareness among employees towards investment products
Abstract:
The study aims to explore the awareness of various investment products and evaluate the effect of demographic and socio-economic factors on the awareness of investment products among government employees in Haryana, India. Primary data have been collected from 394 government employees with the help of a self-structured questionnaire. Exploratory factor analysis has been used to extract the dimensions of investment product awareness. One-way ANOVA and t-test have been used to identify the influence of demographic and socio-economic factors on investment product awareness. Exploratory factor analysis extracted eight dimensions of investment product awareness. The result showed that age significantly influences the awareness of all investment products except for balance growth products. However, education has a significant effect only on the awareness of risk-averse products. The awareness level of employees covered under different pension schemes is significantly different in risk-averse products, specific purpose products, and NPS.
Journal: Int. J. of Indian Culture and Business Management
Pages: 119-138
Issue: 1
Volume: 30
Year: 2023
Keywords: awareness; investment; investment products; employees; new pension scheme; NPS; old pension scheme; OPS; Haryana; India.
File-URL: http://www.inderscience.com/link.php?id=133566
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:1:p:119-138

Template-Type: ReDIF-Article 1.0
Author-Name: Kinneri Jain
Author-X-Name-First: Kinneri
Author-X-Name-Last: Jain
Author-Name: Abhay Jain
Author-X-Name-First: Abhay
Author-X-Name-Last: Jain
Author-Name: Anand Bansal
Author-X-Name-First: Anand
Author-X-Name-Last: Bansal
Title: Investigating demographic characteristics and work-life balance of the teachers of University of Delhi
Abstract:
This article attempts to ascertain the differences between various groups of demographic variables concerning the work-life balance (WLB) of the teachers of University of Delhi. Using an online questionnaire, we collected data from 425 participants who were teachers of the University of Delhi. To test the relations independent sample T-test and one-way ANOVA were used. The results showed in terms of the category of respondents, partner status, number of children, education, college campus, and departments there were no differences between groups. The differences were seen amongst various groups based on age, experience, income, gender, nature of the job, and background of respondent. Concerning permanent and non-permanent teachers, it was found that non-permanent teachers were affected more by WLB issues as compared to permanent teachers due to insecure jobs requiring the immediate attention of authorities. The study concluded that the engagement of teachers is influenced by age, status, and stages of career.
Journal: Int. J. of Indian Culture and Business Management
Pages: 301-320
Issue: 3
Volume: 28
Year: 2023
Keywords: work-life balance; WLB; permanent teachers; non-permanent teachers; University of Delhi.
File-URL: http://www.inderscience.com/link.php?id=129726
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:3:p:301-320

Template-Type: ReDIF-Article 1.0
Author-Name: Shweta Sharda
Author-X-Name-First: Shweta
Author-X-Name-Last: Sharda
Title: Promoters' control and R&amp;D investments: evidence from the Indian pharmaceutical industry
Abstract:
Promoters play a crucial role in corporate innovation; they may encourage innovation for the long-term growth of the company or may reduce it to avoid risk. Based on conflicting perspectives of stewardship theory and principal-principal agency theory, the study aims to examine the impact of promoter ownership on R&amp;D investments in a company and whether a high ownership stake or management position(s) held by promoters influences the said relationship. The paper empirically tests the hypothesis in a strongly balanced panel data set of 41 R&amp;D-intensive Indian listed pharmaceutical companies over ten years from 2011 to 2020 using the fixed-effect regression model and sub-sample regressions. The results indicate a stronger negative effect of promoter controlling stake on R&amp;D investments in high promoter-controlled firms, especially when the promoter holds the position of CEO and chairman. It suggests that R&amp;D-intensive pharmaceutical companies reduce promoters' control in management to enhance monitoring of strategic decisions.
Journal: Int. J. of Indian Culture and Business Management
Pages: 83-101
Issue: 1
Volume: 30
Year: 2023
Keywords: promoter; CEO; chairman; board; ownership; R&D investment; innovation; risk; performance; India.
File-URL: http://www.inderscience.com/link.php?id=133567
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Handle: RePEc:ids:ijicbm:v:30:y:2023:i:1:p:83-101

Template-Type: ReDIF-Article 1.0
Author-Name: Eti Jain
Author-X-Name-First: Eti
Author-X-Name-Last: Jain
Author-Name: Manisha Agarwal
Author-X-Name-First: Manisha
Author-X-Name-Last: Agarwal
Author-Name: Shiv Kumar Sharma
Author-X-Name-First: Shiv Kumar
Author-X-Name-Last: Sharma
Author-Name: Arvind Kumar
Author-X-Name-First: Arvind
Author-X-Name-Last: Kumar
Title: A multivariate analysis of workplace ostracism and employee engagement: the role of psychological distress and mindfulness
Abstract:
The purpose of this paper is to examine the impact of workplace ostracism on employee engagement. It further examines the moderating role of mindfulness and mediating role of psychological distress. The data was collected from 150 corporate employees from India and analysed using descriptive statistics and PLS-SEM. Workplace ostracism has a significant effect on employee engagement. The presence of mindfulness has a considerable impact whereas mediating analysis revealed an insignificant mediating role in psychological distress. The study focuses on full time employees in private businesses. Part time employees were subjected to more ostracism. HR experts may need to develop guidelines to safeguard employees from ostracism to keep them engaged. Extensive research work has been done in the context of WOS and EE. The study is a novel attempt to test the effects of workplace ostracism on employee engagement among corporate employees.
Journal: Int. J. of Indian Culture and Business Management
Pages: 29-50
Issue: 1
Volume: 30
Year: 2023
Keywords: workplace ostracism; WOS; job engagement; organisational engagement; mindfulness; psychological distress; employee engagement; EE.
File-URL: http://www.inderscience.com/link.php?id=133568
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Template-Type: ReDIF-Article 1.0
Author-Name: Helen Rana
Author-X-Name-First: Helen
Author-X-Name-Last: Rana
Author-Name: Dan Knox
Author-X-Name-First: Dan
Author-X-Name-Last: Knox
Title: Entrepreneurial storytelling: using a consistent story to create and sustain a business: case studies of two migrant entrepreneurs
Abstract:
This qualitative research uses case studies of two migrant entrepreneurs &#45; Karan Bilimoria and Levi Roots &#45; to explore the use of storytelling as a tool for establishing and sustaining a business. It proposes a conceptual framework that shows how storytelling is used to gain legitimacy, credibility and support. It finds that the two men use consistent themes and patterns in their stories, which are similar to each other and to conventional metanarratives around entrepreneurship, and require narrative plausibility more than objective truth. It identifies themes that both individuals repeatedly use in their business storytelling to demonstrate attributes of entrepreneurship.
Journal: Int. J. of Indian Culture and Business Management
Pages: 1-23
Issue: 1
Volume: 28
Year: 2023
Keywords: storytelling; entrepreneurship; migrant; sense-making; meta-narrative.
File-URL: http://www.inderscience.com/link.php?id=128482
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Template-Type: ReDIF-Article 1.0
Author-Name: Ankit Dambhare
Author-X-Name-First: Ankit
Author-X-Name-Last: Dambhare
Author-Name: Varinder Singh Rana
Author-X-Name-First: Varinder Singh
Author-X-Name-Last: Rana
Title: Analysing the influence of websites quality and content on leisure travellers star category hotel selection in the state of Uttar Pradesh
Abstract:
The present study focuses on analysing the impact of website quality and content on leisure traveller's hotel selection. A structured questionnaire was developed and distributed to respondents through online platform using Google Forms. Chi square test has been used for checking the association between website quality, content and leisure travellers. The findings of the study revealed that out of ten identified features of websites quality: clear language, high resolution photographs, videos of hotel products and services, user friendly and easily accessible websites, 'influence more' to leisure travellers in the selection of star category hotels of Uttar Pradesh. The findings of the study also concluded that out of ten identified features of website content; information about cleanliness and hygiene standards especially followed in the COVID pandemic, places of tourists interest in city and discounts and offers 'influence more' to leisure travellers in the selection of star category hotels of Uttar Pradesh.
Journal: Int. J. of Indian Culture and Business Management
Pages: 24-56
Issue: 1
Volume: 28
Year: 2023
Keywords: hotel industry; website quality; website content; leisure travellers; hotel selection.
File-URL: http://www.inderscience.com/link.php?id=128484
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:1:p:24-56

Template-Type: ReDIF-Article 1.0
Author-Name:  Anam
Author-X-Name-First: 
Author-X-Name-Last: Anam
Author-Name: M. Israrul Haque
Author-X-Name-First: M. Israrul
Author-X-Name-Last: Haque
Title: Behavioural intention of HR professionals to use HR analytics in the Indian context: an analysis using the UTAUT model
Abstract:
Despite the need for innovation in HRM, HR professionals are still lagging in analytics, and various factors hinder the adoption of HR analytics. Its lower adoption rate is creating issues for developing countries such as India to achieve their full potential. This research aims to determine the factors impacting the behavioural intention in using HR analytics among the HR professionals from the perspective of the unified theory of acceptance and the use of technology (UTAUT) in the Indian context. A structured close-ended questionnaire is used to collect the data from different HR professionals in India. It is revealed that performance expectancy and effort expectancy significantly predict the behavioural intention of using HR analytics. However, social influence and facilitating conditions are not significant variables to influence behavioural intention and use behaviour, respectively, while behavioural intention is discovered as a direct factor of use behaviour.
Journal: Int. J. of Indian Culture and Business Management
Pages: 101-123
Issue: 1
Volume: 28
Year: 2023
Keywords: barriers; innovation; HR analytics; UTAUT model; behavioural intention.
File-URL: http://www.inderscience.com/link.php?id=128486
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:1:p:101-123

Template-Type: ReDIF-Article 1.0
Author-Name: Aparna Bhatia
Author-X-Name-First: Aparna
Author-X-Name-Last: Bhatia
Author-Name: Meenu Khurana
Author-X-Name-First: Meenu
Author-X-Name-Last: Khurana
Title: Choice of international diversification strategies: evidence from Indian industries
Abstract:
The study investigates and compares varied Indian industry groups with respect to their preferences for international diversification strategies. Jacquemin and Berry entropy (1979) approach is employed for calculating inter-region and intra-region diversification of companies in these industry groups. 'Drugs and pharmaceuticals' followed by 'information technology and communication' are revealed as the most internationally diversified industries while 'textile and wearing apparel' followed by 'construction' appeared as the least internationalised groups of industries. The results strongly assert that international diversification is industry-specific. Both the pace as well as preference of international moves varies across different industries. Statistically significant differences across industrial groups are endorsed by Games-Howell post hoc analysis.
Journal: Int. J. of Indian Culture and Business Management
Pages: 57-84
Issue: 1
Volume: 28
Year: 2023
Keywords: international diversification strategy; intra-region diversification; inter-region diversification; industry groups; entropy approach; Games-Howell post hoc analysis; India.
File-URL: http://www.inderscience.com/link.php?id=128487
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:1:p:57-84

Template-Type: ReDIF-Article 1.0
Author-Name: Vibhuti Shivam Dube
Author-X-Name-First: Vibhuti Shivam
Author-X-Name-Last: Dube
Author-Name: Pradeep Kumar Asthana
Author-X-Name-First: Pradeep Kumar
Author-X-Name-Last: Asthana
Title: Financial knowledge, attitude and behaviour components of financial literacy: a study of Indian higher education students
Abstract:
The present study seeks to determine the financial literacy level of Indian higher education students on the components of financial knowledge, attitude and behaviour. The paper also makes an attempt to study the interdependencies in financial literacy component: financial knowledge, attitude and behaviour and to assess the impact of financial awareness on financial literacy. This study considers primary source of data. A total sample of 600 Indian higher education students from different governmental and private institutions of Kanpur, Prayagraj and Aligarh was chosen to determine the financial literacy level. The findings of the study showed that more than half of the students were found to be low financial literate. There is a strong interrelationship found between the financial literacy components: financial knowledge, attitude and behaviour. In the linear regression analysis significant relationship found between the independent variable financial awareness and dependent variable financial literacy. The empirical findings of the study helps to explain how the financial literacy components: financial knowledge, attitude and behaviour influence the financial literacy level among the Indian higher education students. The result clearly showed that there is a need of serious policy measures to be taken in the field of financial literacy/education.
Journal: Int. J. of Indian Culture and Business Management
Pages: 124-143
Issue: 1
Volume: 28
Year: 2023
Keywords: financial literacy; financial knowledge; attitude; behaviour; financial awareness; Indian higher education students.
File-URL: http://www.inderscience.com/link.php?id=128488
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:1:p:124-143

Template-Type: ReDIF-Article 1.0
Author-Name: Sugandha Agarwal
Author-X-Name-First: Sugandha
Author-X-Name-Last: Agarwal
Author-Name: Deepa Gupta
Author-X-Name-First: Deepa
Author-X-Name-Last: Gupta
Title: An analytical study of HDI among India and its adjoining nations with reference to the relationship of literacy rate
Abstract:
Economic growth is consistently a concern for any country. GDP growth and per capita income is a vital indicator on economic growth. These pointers portray the increase or decrease in productivity and income of the economy. Humans are an important part of productivity, but human welfare, equity, and social justice are not recorded. Economic advancement cannot be measured through GDP contribution, as it overlooks the disparity of income, poverty, unemployment, and other issues in the economy. The concept of the human development index proposed by Mahbub-ul-Haq and later refined by UNDP provides the correct parameter for evaluating economic development. This paper endeavours to comprehend the pattern of HDI among Indian and its adjoining nations and to check the contribution of each parameter in calculating the HDI of any country. The impact of the literacy rate on the HDI rate is also studied in the paper.
Journal: Int. J. of Indian Culture and Business Management
Pages: 85-100
Issue: 1
Volume: 28
Year: 2023
Keywords: economic growth; GDP; economic development; literacy rate; HDI.
File-URL: http://www.inderscience.com/link.php?id=128489
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:1:p:85-100

Template-Type: ReDIF-Article 1.0
Author-Name: Kirti Aggarwal
Author-X-Name-First: Kirti
Author-X-Name-Last: Aggarwal
Title: Link between company characteristics, board structure and HR disclosure level in software sector in Indian context: perception or reality?
Abstract:
The aim of the study is to investigates the link between company characteristics, board structure and human resource (HR) disclosure level in software sector in Indian context. The study conducted on 16 software sector companies listed on NSE-500 Index for the time span of starting from F.Y. 2012-2013 to 2019-2020. The outcomes of two-way least square dummy variable (LSDV) regression model depicted that there is significant positive effect of net sales, board size, board meeting, listing status, pages of an annual report and significant negative of age, net fixed assets, debt-equity ratio, CEO duality on the level of HR disclosure of software sector companies in India. The study helps The Institute of Chartered Accountants of India (ICAI) and other regulatory bodies to take the steps on the basis of Human Resource Disclosure Index (HRDI) constructed in the study to make the HR disclosure practices mandatory in nature in India.
Journal: Int. J. of Indian Culture and Business Management
Pages: 145-175
Issue: 2
Volume: 28
Year: 2023
Keywords: company characteristics; board structure; human resource disclosure; LSDV regression model; software sector; India.
File-URL: http://www.inderscience.com/link.php?id=129005
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:2:p:145-175

Template-Type: ReDIF-Article 1.0
Author-Name: Abhijeet Bag
Author-X-Name-First: Abhijeet
Author-X-Name-Last: Bag
Author-Name: Sarbapriya Ray
Author-X-Name-First: Sarbapriya
Author-X-Name-Last: Ray
Title: Do exogenous factors matter in the productivity growth trajectory of Indian manufacturing?
Abstract:
The study tries to present total factor productivity growth in Indian manufacturing sector to identify the exogenous factors that led to the growth of productivity in manufacturing sector during 1996-1997 to 2016-2017. Using GMM estimation, the study reveals that FDI inflow, political stability, initial education, research and development expenditure are found to positively impact productivity growth in Indian manufacturing. Trade openness yields adverse impact on TFPG. Female participation and initial investment unexpectedly caused negative impact on TFPG. Negative impact of per capita GDP on TFPG, although insignificant, suggests that economic growth in India is mainly input accumulated rather than productivity driven. Sectoral composition having insignificant negative impact indicates that predominance of agricultural sector would lower productivity growth in manufacturing sector of India. With input accumulated growth prevalent in India, improving TFPG is an urgent need in order to reduce dependence on physical inputs as well to become a productivity driven economy.
Journal: Int. J. of Indian Culture and Business Management
Pages: 198-217
Issue: 2
Volume: 28
Year: 2023
Keywords: productivity; growth; India; exogenous factors; manufacturing; sector.
File-URL: http://www.inderscience.com/link.php?id=129006
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:2:p:198-217

Template-Type: ReDIF-Article 1.0
Author-Name: Richa Chauhan
Author-X-Name-First: Richa
Author-X-Name-Last: Chauhan
Author-Name: Nidhi Maheshwari
Author-X-Name-First: Nidhi
Author-X-Name-Last: Maheshwari
Title: Interactive approach of individual and organisational spirituality and managing organisational misbehaviour: a proposed theoretical model
Abstract:
Organisational misbehaviour has grave concern for organisations, especially when the instances of misconduct and unethical acts have become more frequent than ever. The present study proposed a conceptual framework to manage organisational misbehaviour through workplace spirituality. The findings of the research endeavour suggested that individual and corporate spirituality level varies. With the help of the interview method, variations present in personal and organisational spirituality levels were recognised, and interactions were categorised into Satvik-enabling, Tamsik-directing, Tamsik-enabling, and Satvik-directing. Further, based on unity among individual-organisation spiritual values, an individual's inclination towards misbehaviour in each category of interaction is discussed. An attempt is also made to explore organisational culture and leadership's role in instrumenting workplace spirituality to reduce corporate wrongdoing. To illustrate the practical implementation of the present study's findings, the human resource department practices for handling misconduct via workplace spirituality are incorporated.
Journal: Int. J. of Indian Culture and Business Management
Pages: 176-197
Issue: 2
Volume: 28
Year: 2023
Keywords: workplace spirituality; individual spirituality; Satvik-enabling; Tamsik-directing; Tamsik-enabling; Satvik-directing; organisational spirituality; misbehaviour.
File-URL: http://www.inderscience.com/link.php?id=129007
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:2:p:176-197

Template-Type: ReDIF-Article 1.0
Author-Name: Prasanta Kumar Jayasingh
Author-X-Name-First: Prasanta Kumar
Author-X-Name-Last: Jayasingh
Author-Name: Dasarathi Sahu
Author-X-Name-First: Dasarathi
Author-X-Name-Last: Sahu
Author-Name: Biswajit Prasad Chhatoi
Author-X-Name-First: Biswajit Prasad
Author-X-Name-Last: Chhatoi
Title: Macroeconomic variables and financial performance: a bibliometric analysis
Abstract:
The field of macroeconomic variables and financial performance is ever evolving, and a wide array of research has illuminated this field for the last three decades. The present study explores the avenues of research dimensions in the macroeconomic variables and financial performance domain by synthesising the contributions of pioneering journals, authors, institutions, and countries. The authors have deployed bibliometric and network visualisation tools such as VoSViewer for analysing the bibliometric information obtained from the Scopus database. Analysis of 323 documents found in the dataset, published in 268 journals, revealed ten highly cited research articles, four clusters of keywords that substantiated the research field. The VoSviewer network visualisation has been depicted for each parameter. The study found that macroeconomic variables and financial performance, human literacy, education, and retirement constitute matured yet potential research areas to be undertaken by scholars of macroeconomic variables and financial performance.
Journal: Int. J. of Indian Culture and Business Management
Pages: 264-284
Issue: 2
Volume: 28
Year: 2023
Keywords: macroeconomic variables; financial performance; bibliometric analysis; gross domestic product; GDP; VosViewer; cluster analysis; intellectual structure.
File-URL: http://www.inderscience.com/link.php?id=129008
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:2:p:264-284

Template-Type: ReDIF-Article 1.0
Author-Name: Hardik B. Bhadeshiya
Author-X-Name-First: Hardik B.
Author-X-Name-Last: Bhadeshiya
Author-Name: Parag Shukla
Author-X-Name-First: Parag
Author-X-Name-Last: Shukla
Author-Name: Balakrishnan Muniapan
Author-X-Name-First: Balakrishnan
Author-X-Name-Last: Muniapan
Title: The relevance of Satvik management model from the Bhagavad Gita for business sustainability
Abstract:
Satvik management is a consciousness-based management approach, which presents a spiritual perspective of management that can shape managerial ethical values and moral decision-making, which is critical for business sustainability during the current pandemic and in a world full of uncertainty. The Bhagavad Gita is a part of the Great Mahabharata, and it presents the essence of Vedic (Indian) spirituality. This is a first paper written on Satvik management in the management literature, and the authors employed hermeneutics, a qualitative methodology for interpreting texts. This paper contributes to the theory of personality (Satvik) and the organisational implication of Satvik management. The Bhagavad Gita suggests a Satvik spiritual management model with an intrinsic perspective or inside-out rather than an outside-in management practice. This paper is expected to provide a spiritual and philosophical perspective of management thought and wisdom in confronting and dealing with current management challenges for business sustainability in a turbulent business environment.
Journal: Int. J. of Indian Culture and Business Management
Pages: 245-263
Issue: 2
Volume: 28
Year: 2023
Keywords: Satvik management; Bhagavad Gita; management philosophy; spirituality in management; business sustainability.
File-URL: http://www.inderscience.com/link.php?id=129009
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:2:p:245-263

Template-Type: ReDIF-Article 1.0
Author-Name: Nikita Singh
Author-X-Name-First: Nikita
Author-X-Name-Last: Singh
Author-Name: Vinay Singh
Author-X-Name-First: Vinay
Author-X-Name-Last: Singh
Author-Name: Manoj Patwadhan
Author-X-Name-First: Manoj
Author-X-Name-Last: Patwadhan
Author-Name: Yogesh Upadhyay
Author-X-Name-First: Yogesh
Author-X-Name-Last: Upadhyay
Title: Ambidextrous employees and sustainable innovation practices &#45; empirical validation of structural linkage
Abstract:
Present study: 1) focuses on establishing the structural relationship between exploratory and exploitative behaviour of ambidextrous employees working in innovation-based organisations in India; 2) attempts to link the ambidextrous behaviour of employees with sustainable innovative practices of these organisations. A theoretical model was proposed and for its empirical verification, primary data was collected from 200 innovative organisations across India. The data were analysed using statistical methods namely, EFA, CFA, and structured equation model (SEM). All the proposed hypotheses show significant statistical support, and thus it is concluded that the organisational and technological sustainable innovative practices are positively influenced by employees' ambidextrous behaviour. The study contributes to a novel set of theories on the interdependence of employees' ambidextrous behaviour fostering sustainable innovation practices of the organisations, in their unique way.
Journal: Int. J. of Indian Culture and Business Management
Pages: 218-244
Issue: 2
Volume: 28
Year: 2023
Keywords: sustainability; sustainable innovation practices; exploratory behaviour; exploitative behaviour; employees' ambidexterity.
File-URL: http://www.inderscience.com/link.php?id=129010
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Handle: RePEc:ids:ijicbm:v:28:y:2023:i:2:p:218-244