International Journal of Management Practice (10 papers in press)
Perceived Career Challenges and Response Strategies of Women Managers in Indian Five-Star Hotels: A Mixed-Method Study
by Vidya Patwardhan, Sureshramana Mayya, Harish Joshi
Abstract: This descriptive phenomenological study is designed to investigate and describe the lived career experiences of women managers in Indian five-star hotels. Data were collected from face-to-face interviews with 29 women managers of two five-star hotels in Delhi and one five-star hotel in Mumbai along with responses to open-ended questions from 158 women managers of 46 five-star hotels in the cities of Delhi, Gurgaon, Mumbai, Pune, Chennai, and Bangalore and analyzed in lines of qualitative content analysis. The content analysis of the data yielded thirteen themes related to career experiences of women managers that enabled and hindered their career progression. Findings revealed that women managers in five-star hotels are keen to ascend to leadership positions and they expect organizations to realize the promise of diversity to facilitate their career ambitions. They adjust their feelings of satisfaction and develop career strategies to reduce dissonance with their lack of ability to attain executive positions. The findings of this study may be useful for women who desire advancement to executive positions and to organizational leaders who wish to hire and promote the right person regardless of gender.
Keywords: Women Managers; India; Five-star hotels; Career Advancement; Career Challenges; Career Strategies.
Construction Site Safety in Small Construction Companies in Saudi Arabia
by Murat Erogul, Mohsen Alyami
Abstract: Construction site safety concerns in small construction projects in Saudi Arabia is alarming due to the large number of accidents per year. The purpose of this research is to explore construction workers perceptions regarding construction site safety climate is limited. An integrative model of workplace safety has been utilized to design and administer a questionnaire to workers in five small residential construction sites in the city of Najran. The results demonstrate a lack of adherence to occupational health and safety regulations by employers, a need for construction site safety protocols and enhanced external inspection systems, an unawareness among participants in regards to the safety measures endorsed by their companies, and indications of leniency due to favourtism by external inspectors. In conclusion, the study contributes to construction science and practice by identifying factors contributing to construction worker perception of safety which may help employers enhance the safety climate of small construction sites.
Keywords: residential construction; construction site safety; safety regulations; Saudi Arabia.
Does Inclusion of Agriculture Futures Contracts Provide Enough Portfolio Diversification? Evidences from India
by Shriram Purankar, Vipul Singh
Abstract: The paper explores the time series dynamics of future contracts for agriculture commodities traded on commodity exchanges. The paper attempts to find out whether the inclusion of agriculture commodity futures contracts can provide higher degree of portfolio diversification. For this, the paper focuses on the causality and long run co-integration dynamics of most active agriculture future contracts of MCX and NCDEX. To test the all-round applicability of agriculture futures contracts, the paper focuses on the existence of the short and long-term relationship, if any, among these specific categories of commodities with the traditional asset-class like Crude Oil prices, USDINR exchange rates, and Nifty 50 index. Econometric techniques like Granger causality, Johnson co-integration and VECM model have been used.
Keywords: Agriculture; Crude Oil; Johnson cointegration; MCX; NCDEX; Nifty; VECM.
The Power of a Vision: A Case of Climate-Neutral Operations in Maritime Shipping
by Age Gjosaeter, Oyvin Kyvik
Abstract: Maritime shipping is facing international requirements for more environmentally-friendly operations. This research explores how a firms strategic vision for operational sustainability of its fleet is implemented. It studies the case of a Norwegian shipping company that put its vision of a climate-neutral business into practice through integrating a change in operational procedures with an innovative business model which combines a reduction in emissions of detrimental greenhouse gases to sea or air with compensations paid to the Norwegian Rainforest Foundation. The findings show that making the vision a powerful driving force calls for discursive leadership which consciously shapes alignment around the vision as an inspiring higher-order corporate objective. Also it was found that operationalizing the vision through ongoing facilitation of the strategy-making process, establishing incentives and concurrently developing a supportive business model in line with social trends are key factors for a positive outcome.
Keywords: strategic vision; environmentally friendly; operational sustainability; innovative business model; emissions reduction; greenhouse gases; Norwegian Rainforest Foundation; management practice; operational procedures; climate-neutral operations; strategizing; discursive leadership; practical leadership; maritime shipping.
CEO CHARACTERISTICS AND THE AMOUNT OF CAPITAL RAISED IN MALAYSIAN IPOs
by Bazeet Badru, Nurwati Ahmad-Zaluki, Wan Nordin Wan Hussin
Abstract: The study examines the impact of the characteristics of the Chief Executive Officer (CEO) on the amount of capital raised in the Malaysian Initial Public Offering (IPO) market. To have a broader picture of the impact, the current study employs the Ordinary Least Squares (OLS) and quantile regression techniques, using a sample of 214 IPOs over the period of 2005-2015. The use of the quantile regression technique allows the study to estimate the impact of the CEOs characteristics at different quantiles of the conditional distribution of the capital raised. The results show that companies with a Malay CEO raise more capital than those companies with a non-Malay CEO. In addition, CEO age is significant and negatively associated with capital raised. However, the impact of CEO educational qualification is mixed, while CEO gender is insignificant. Other variables, such as company size and pre-IPO financial health, have significant and positive impact on capital raised. The practical implication of the study is that the characteristics of the CEO play a signalling role in IPO decisions. As such, investors can consider the characteristics of the CEO before making investment decisions.
Keywords: capital raised; CEO ethnicity; CEO gender; CEO age; quantile regression.
Meeting madness: counterproductive meeting behaviours and personality traits
by Michael Yoerger, John Crowe, Joseph A. Allen, Johanna Jones
Abstract: When used effectively, workplace meetings serve as an invaluable opportunity for co-workers to achieve organisational objectives. However, meetings are often regarded as inefficient, unproductive, and a waste of time. Owing to meeting attendee frustration, there can be detrimental impact on employee wellbeing. In this paper, we examine the impact of a specific type of meeting behaviour, counterproductive meeting behaviours (CMBs), which include non-constructive criticism and complaints on perceptions of meeting effectiveness. Additionally, we explore the potential moderating influence of personality characteristics on this relationship. While meeting leaders may take great efforts in designing meetings based on good meeting practices supported by research, meeting outcomes could be largely influenced by the individual personality characteristics of meeting attendees. This research is aimed at developing a greater understanding of how individual differences, namely personality traits, play a role in meeting interactions and outcomes. Respondents completed a survey that measured CMBs, personality characteristics, and meeting effectiveness. Our findings indicate CMBs are negatively related to perceived meeting effectiveness. Additionally, the negative relationship was stronger for individuals who possess higher levels of agreeableness and stronger for individuals possessing lower levels of extraversion. We discuss implications for managers and meeting attendees.
Keywords: counterproductive behaviour; meeting behaviours; personality traits; meeting effectiveness; meetings; workplace behaviour; non-constructive criticism; complaints; perceptions; meeting interactions; meeting outcomes.
Employee development practices and sustainable organisational performance in Indian steel industries: development and validation of scales
by Uttara Jangbahadur, Vandna Sharma
Abstract: The aim of this study is to explore and confirm the factors of employee development practices and sustainable organisational performance in the context of Indian steel organisations. Data is collected using questionnaire from employees of two Indian steel organisations. Exploratory Factor analysis, Confirmatory factor analysis and Cronbach alpha is conducted for scale development and assessing the reliability and validity of both constructs. The results provided sufficient evidence to confirm high degree of validity and reliability between the identified EDP and SOP scales. Both the scales of EDP and SOP are developed in the context of Indian steel organisations only. The identified factors of EDP and SOP will help the policy makers, managers and practitioners of not only steel industry but set a benchmark for other manufacturing industries in developing the most critical asset of an organisation i.e., human assets and its contribution in sustainable development of an organisation.
Keywords: employee development; sustainable performance; organisational performance; steel industry; India; scale development; sustainability.
Workplace bullying: a neglected and overlooked phenomenon in the corporate cultures of Bangladesh
by Ishrat Sultana, Rezwana Sultana
Abstract: This paper critically examines the workplace bullying scenario in Bangladesh by focusing on the individual experiences of employees working in various corporate jobs. The study employs qualitative methodology to analyse data collected from 27 individuals working in various private organisations in Bangladesh. The data were collected through email interviews and follow-up discussions. Findings indicate that, employees are increasingly falling victims of workplace bullying due to poor organisation culture, inefficient leadership, misuse of power and reluctance of management. Moreover, prolonged history of bullying may result in severe psychological effects, such as, anxiety, depression, stress and Post Traumatic Stress Disorder (PTSD) as well as affect employee's productivity, effectiveness, creativity and physical health. Based on the findings, the paper recommends policies and procedures to minimise the effect of workplace bullying. As this issue is still under-researched in Bangladesh, the study makes an empirical contribution to the literature on workplace bullying.
Keywords: workplace bullying; Bangladesh; individual experiences; employee experiences; private organisations; bullying victims; bullying causes; organisational culture; leadership; psychological effects; anxiety; depression; stress; productivity; physical health; policies; procedure; corporate culture.
Portfolio co-integration dynamics of metal and energy commodities: evidence from India
by Shriram Anil Purankar, Vipul Kumar Singh
Abstract: The present paper has bifocal objectives. First, the paper explores the time series dynamics of the industrial and precious metals commodities futures contract traded on the India's largest commodity exchange, Multi Commodity Exchange of India. Second, the paper focuses on the causality dynamics of industrial and precious metals. No such study has been undertaken on the Indian commodity bourses. In addition, it focuses on the existence of the long-term co-integration relationship - if any - between these specific categories of commodities. Amid sharp rises in both commodity prices and commodity investing, many commentators have wondered whether commodities nowadays move in sync with traditional asset classes like equity, gold, crude oil and Forex. The rationale behind diversification contends that a portfolio of different kinds of investments will, on average, yield higher returns and pose a lower risk than any individual investment found within the portfolio. The paper tries to identify the long run relation-ship of industrial and precious metals with its traditional investment counterparts like Crude Oil prices, USDINR exchange rates, and Nifty 50 index. For same, the paper has utilised advance Granger causality and Johansen co-integration tests. Our results imply that industrial and precious metals may not able to provide the benefits of diversification all the time.
Keywords: MCX; gold; COMDEX; Nifty; USDINR exchange rates; crude oil prices; portfolio co-integration; co-integration dynamics; metal commodities; energy commodities; India; time series dynamics; commodity exchanges; commodity prices; commodity investment; diversification.
The relationship between TQM practices and role stressors
by Zahra Fallah Ebrahimi, Reza Hosseini Rad
Abstract: Small and Medium-sized Enterprises (SMEs) are comprised 90% of all enterprises in Iran. In this regards they have significant role in the development of the country's economy. The purpose of this paper is to develop a conceptual framework to investigate the impact of multidimensionality of total quality management practices on the role stressors. Numerous studies have been done by other researchers on the quality revolution and implemented various Total Quality Management (TQM) programs such as ISO 9000 series as a way to improve quality. This paper investigates the multidimensional relationships between eight TQM practices and role stressors. The empirical data was gathered from 410 Iranian manufacturing SMEs and analysed by using the Structural Equation Modelling (SEM) technique. The findings indicate important association among leadership, information analysis; supplier management, employee involvement, process management and human resources focus with role stressors but no significant relationship between customer focus and supplier management with role stressors.
Keywords: TQM; total quality management; manufacturing SMEs; small and medium-sized enterprises; role conflict; role overload; role ambiguity; SEM; structural equation modelling; role stressors; Iran; leadership; information analysis; employee involvement; process management; human resources; customer focus; supplier management.