February 2015 |
Name | : | Editorial |
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Name | : | Indian Employees and Workplace Diversity: A Study on Attitudinal Elements |
Author | : | Dr. S.M. Shariq Abbas |
Abstract | : |
India is a vast, diverse and big economy and many studies in the past have been
done on the issue of workplace diversity in India and for that matter world. An
apt understanding of the subject can be very helpful in proper functioning of contemporary
business organizations. Workplace diversity, its awareness level among employees
and value being appended to diversity management in Indian organizations is the
underlying purpose of this paper. Various demographic and regional dependant variables
are tested to understand the attitudinal element of employees working in different
Indian organizations of Northern and Eastern parts of India. The non-experimental,
descriptive, and quantitative research design with stratified random sampling technique
is employed in the present research. The results and hypotheses testing of the were
interpreted using statistical techniques like Cronbach's Alpha, Pearson Correlation,
One Way Analysis of Variance (ANOVA) and associated procedures like Levene Statistics,
post hoc Games-Howell Test and Pearson Chi Square Test. The findings highlight that
age, education, income, work experience have significant differences in attitude
toward workplace diversity among the different sets of employees tested, nevertheless
gender, marital status and region have none. Further, it was found that employees
are well acquainted with the concept of diversity management, with Northern India
having more diverse people working in organizations who seem to be less tolerant
with people wearing different dresses and feel it is an obligation of the managers
to manage diversity as compared to employees in Eastern part. Both regions perceive
that diversity is valued in their organizations and immense percentages here are
however not familiar with procedures relating to discrimination complaints.
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Name | : | How important is Foreign Direct Investment to Economic Growth? New Evidence from Nigeria |
Authorhor | : | Olasunkanmi Owolabi-Merus |
Abstract | : |
This study investigates the impact that Foreign Direct Investment (FDI) has on economic
growth in Nigeria through the use of annual secondary data from 1981 to 2013 collected
from the World Bank's Africa Development Indicators. The econometric methodologies
used in this research were Ordinary Least Squares (OLS), ADF unit root and the Granger
Causality tests. The OLS results shows that FDI positively contributes to economic
growth in Nigeria, but not statistically significant at the 5% level of significance.
However, Gross Fixed Capital Formation (GFCF) has a positive and statistically significant
contribution to Nigeria's economic growth. The unit root test shows that the variables
were stationary and the Granger Causality test connotes a unidirectionary causation
running from FDI to GDPbut not vice-versa. But no mutual correlation is found between
GFCF and GDP. This study recommends that policymakers in Nigeria should increase
capital formation (GFCF) in order to present an attractive platform that will stimulate
and encourage FDI inflow which will in whole, facilitate the increase and sustenance
of economic growth.
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Name | : | Basel-III in Indian Banks and Capital Concerns |
Author | : | Dr. Suresh Chandra Bihari |
Abstract | : |
India's banking sector is now a days in a need to raise money in capital markets
or some capital inflows through government due to the asset quality concerns and
capital problems faced by them. Basel III capital ratios in April 2013 and 2014
showed that there will be a need of funds from either government or capital markets
that will be required by banks to meet their liquidity requirements. Again, due
to the increasing non-performing loans( NPLs) , Indian banks are in a need of a
large amount of capital for maintaining the growth rate of economy and also for
generating profits that are now a days insufficient for internal capital generation
to fund loan growth. Average gross NPL ratio of public sector banks increased to
4.3% (of total loans), an increase of 3.4% from December 2013 to March 2013. At
the end of December gross non-performing assets (NPAs) of Indian banks increased
to Rs. 2.4 trillion, an increase of about 36% from last year. But if look from the
other point of view, not only for investments, Indian banks need the funds for various
other reasons too. One among them is to combat asset concerns. The purpose of this
paper is to discuss all these issues in detail.
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Name | : | A Study of Consumers' Preferences in Choosing International Apparel Brand in Delhi |
Author | : | Amandeep Kaur , Dr. Garima Malik |
Abstract | : |
Indian markets are emerging and when it comes to Delhi, it's not just a metropolitan
city but a fashion hub. International designers organize their fashion shows and
bring international brands into this city. With the Indian demographics changing,
there is a change in consumer tastes and preferences with respect to the association
they want to crate with the brand. This study was conducted to find out the factors
that determine the consumer preferences for international apparel brand in Delhi.
The purpose is also to identify the predictors for internal brand apparels among
Delhi young consumers. From the survey of the respondents from Delhi, the study
found out that Advertisement for the brand has the strongest predictor for the consumer
preference followed by quality and Land of original and style has less prediction
towards the consumer preference. Overall, the survey shows that Delhi consumers
have positive attitude towards international apparel brands and the influence of
variables has numerous of implications for both academic and market view.
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Name | : | Intellectual Capital and Financial Performance of Indian Software Industry: A Panel Data Analysis |
Author | : | Dr. Aparna Bhatia , Khushboo Aggarwal |
Abstract | : |
Intellectual Capital is an important for running a business successfully. Intellectual
Capital is the key for creating and sustaining competitive edge over other businesses.
Today the companies need to invest in Intellectual Capital to stand for the gain.
Thus, this paper seeks to analyze the relationship between intellectual capital
and corporate financial performance of Indian software companies for a period of
eleven years from 2001 to 2011. Annual reports, especially the profit and loss accounts
and balance sheets of the selected companies for the relevant years have been used
to obtain the data. The sample of 51 software companies has been selected from Business
Standard (BS) 1000 on the basis of net sales. The Value Added Intellectual CoefficientTM
(VAIC) method developed by Public, 1999 is applied for measuring the value based
performance of the companies. Data have been analyzed by using Panel Regression.
The intellectual capital (human capital and structural capital) and physical capital
of the selected companies have been analyzed and their impact on corporate performance
has been measured. Results indicate that profitability and intellectual capital
are positively associated. However, Physical capital has been found to be the most
significant factor affecting the performance of the firms.
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Name | : | Analysing Financial Strength of Public and Private Sector Banks: A CAMEL Approach |
Author | : | Dr. Sneha S. Shukla |
Abstract | : |
Monitoring and supervision of banks has become very important due to significant
Non-performing Assets and bank failures from the 1980s till now. Continuous Performance
evaluation of the banking sector is therefore important to ensure financial stability
of an economy. In the light of the world-wide banking crisis in recent years, CAMEL
approach is a useful tool to examine the safety and soundness of banks. It also
highlights the risks being faced by banks and help mitigate the potential risks
which may lead to bank failures. In the present study, an attempt is made to evaluate
the performance & financial soundness of selected various public & private sector
banks using CAMEL approach.
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Name | : | The Status of Financial Inclusion in Nepal |
Author | : | Bharat Ram Dhungana , Dr. Prashant Kumar |
Abstract | : |
The objective of the paper is to examine the status of financial inclusion in Nepal.
The study is based on secondary data to analyse the financial inclusion led by banks
and financial institutions and 'D class' micro-finance institutions. The status
of financial inclusion in Nepal is not satisfactory and majority of people have
still no bank accounts at the formal financial institutions. The financial inclusion
led by banks and financial institutions as well as 'D class' MFIs shows that farwestern
and mid-western development region has poor penetration of formal financial services
as compared to other development region due to complex geographical location and
lack of basic infrastructure. MF industry is necessary to develop as a tool of inclusive
financial market through the wider expansion of its services in remote rural and
hilly areas of Nepal. The government should provide enough supports to develop financial
infrastructure, sound MF policies, strengthening regulatory authority, and inclusive
economic growth that will help to build-up inclusive financial environment in the
nation.
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Name | : | An Assessment of Service Quality, Customer Satisfaction and Customer Loyalty in Life Insurance Corporation of India with Special Reference to Srinagar District of Jammu and Kashmir |
Author | : | Prof. M. Nasir Zamir Qureshi , Javaid Ahmad Bhat |
Abstract | : |
Insurance services in India are passing through a sea change, opening up of the
industry has placed numerous severe threats andchallenges to Life Insurance Corporation
of India (LIC), the only public sector life insurance service provider in the country.
For success and survival in today's competitive environment, delivering quality
service is of paramount importance for any economic enterprise. Therefore, service
quality has become a highly influential co-efficient in the aggressive competitive
marketing. Life Insurance Corporation of India, the leading insurance company has
set up 'benchmarks' in enervating the whole concept of service quality.The present
study aims to measure customers' expectations and perceptions towards service quality
of LIC in Srinagar district of Jammu and Kashmir by applying a framework adopted
from earlier studies. Moreover, Customer Satisfaction and Customer Loyalty with
the services of LIC have also been examined.Data has been collected from 273 LIC
customers from Srinagar, the capital city of J&K. The data were analysed with the
help of statistical techniques including Cronbach's alpha, correlations, tstatistics
and ANNOVA. The findings of the study indicate that there is a service quality shortfall
i.e. perceptions are lower than expectations in all the six service quality dimensions
of the study with Personalized financial planning followed by Competence and Assurance
being more concerned dimensions.
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Name | : | Organisational Effectiveness in Higher Learning Institution with Special Reference to Pondicherry University |
Author | : | Dr. D. Aravazhi Irissappane , Rouvier Sabrina Marie |
Abstract | : |
The effectiveness of any institution is based on the quality of each and every aspect
of the organization. This study explores the effectiveness of the institution based
on the students' perception. The variables concerned were Teaching & evaluation,
Infrastructure facilities, Availability of Resources, Social life, Student progress
and Overall effectiveness of the Institution. 712 student respondents from Pondicherry
University are selected through simple random technique. Statistical tools like
Reliability analysis, Correlation and SEM techniques were employed. The finding
of the study shows that the organisational effectiveness variables have a positive
effect on students' perception.
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Name | : | Social Media Marketing: A Knowledge based mode for Promotion of Products & Services |
Author | : | Pooja |
Abstract | : |
Social media has played a key role in strengthening knowledge sharing and dealings
between companies and their customers. The rate of adoption of social media has
forced businesses to passionately hold this new and imperative networking medium
into marketing and promotion strategy. It has opened new possibilities for communicating
with existing as well potential customers. Social media marketing allows innovative
perceptions to branding, promoting and exact feedback on existing products that
could transform into new products and better services. This article is an attempt
to explore the relevance, potentials and challenges of this knowledge based and
technological media in context to marketing and promotion of product and services.
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Name | : | Sustainability Reporting- A Recent Trend and Future Prospects in India |
Author | : | Anand Rai |
Abstract | : |
Climate change, social degradation, economic crisis and complexities in business
have raised serious concern over organisations' sustainability. Sustainability reporting
is a broad term considered synonymous with others used to describe reporting on
economic, environmental, and social impacts (e.g., triple bottom line, corporate
responsibility reporting, etc.). The purpose of a sustainability reporting is the
practice of measuring, disclosing, and being accountable to internal and external
stakeholders for organizational performance towards the goal of sustainable development.
Currently in India, only few companies have adopted such reporting practices as
compared to other developed countries like Japan, USA etc. With the growing concern
on social and environmental issues worldwide, this decade is going to see paradigm
shift in reporting standards on sustainability. Global Reporting Initiative is a
non-profit organization that works towards a sustainable global economy by providing
sustainability reporting guidance. GRI pioneered and developed a comprehensive sustainability
reporting framework that is widely used around the world. This article explores
the guidelines of GRI's sustainability reporting standards. It also unveils recent
reporting trends of the Indian organisations on sustainability performances and
future prospects.
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Name | : | NITI AYOG – A FEW CLARIFICATIONS |
Author | : | Dr. N.M. Khandelwal |
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Name | : | corporate snapshot |
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Name | : | ECONOMIC UPDATE |
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Name | : | Stats Window |
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