Professional Documents
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ICSM 2018 Conference Proceedings Iimkashipur
ICSM 2018 Conference Proceedings Iimkashipur
ICSM 2018
The International Conference on Sustainable Management
May 25th to 27th 2018
Kashipur, Uttarakhand, India
Conference Proceedings
International Conference on Sustainable Management
May 25-27, 2018
Title Impact of Punjabi’s level of Awareness and Perception towards Green Marketing
Strategies of Green Electrical Cooling Appliances on Purchase Behavior
Author(s) 1. Anchal Arora, Assistant Professor, PG Dept. of Commerce & Business
Administration, Khalsa College, Amritsar
2. Dr. H.S. Bhalla, Principal, Govt. College, Ajnala, Liaison Officer, IIM
Asr(Pb)
Contact 1. aanchalgndu@gmail.com
2. hsbhalla16@gmail.com
Abstract This paper aims at highlighting the effect of awareness level of consumers of
Punjab towards white goods –air conditioners & refrigerators (green electrical
cooling appliances) and impact of their perception towards green marketing
strategies that eventually proceed in creating their actual purchase behaviour.
Awareness level and its extent and magnitude has been observed from various
parameters which helps the researchers to identify such areas where consumers
are not at all aware or moderately aware about the green electrical cooling
appliances because level of awareness and its extent will ultimately going to
have its impact on their actual purchase behaviour. Consumer perception
towards green marketing strategies of green electrical cooling appliances is
evaluated by applying CFA and SEM.
Keyword(s) Environmental awareness, green refrigerator, eco-friendly air-conditioner,
environmental knowledge, green electrical cooling appliances, level of
awareness, Environmental attitude.
Title Situational Interview Test and its Incremental Validity for On The Job
Performance; a Quantitative Study on Microfinance Field Recruits
Author(s) 1. Rahul Sivarajan, Research Scholar, MPhil, SMLS, TISS Mumbai
2. Aparna Varma, Research Scholar, MPhil, SMLS, TISS Mumbai
Contact 1. mm2017mls002@tiss.edu
2. mm2017mls004@tiss.edu
Abstract Proposes that predictors of on the job performance of field-based non-executive
cadre employees are better off assessed by situational judgement tests than
over the traditional models of cognitive test batteries and personal interview.
Highlighting the researchers experience in observing closely the nuances of what
ticks for a field based employee in a microfinance organisation, this study
identifies the role of situational judgement in the on the job performance of 151
credit officers recruited and assessed after a year of on the job performance.
Valid inferences are further drawn in this one of a kind study which has not been
explored previously in the particular sector and the industry it is based out of.
Keyword(s) NA
DECEMBER 86,703 Cr
JANUARY 86,318 Cr
The GST collection in January was 86,318 crore. It is 385 million less than December.
After the continuous decline in October and November tax collection was increased in
December. The Finance Ministry has given this information. January's figure is tax
collected by 25th February. In this, Rs 14,233 crore in central GST item, 19,961 crore in
State GST, 43,794 crore in integrated GST and 8,331 crore in the form of Compensation
Cess. The Finance Ministry was assumed in December may be next every month GST
collection equal to 1, 00,000 cr but in January is decline
Since the introduction of GST in the country, the number of traders coming under the
indirect tax has increased by 50%. 34 lakh new businessmen have registered in GST.
Among them are small businessmen, who have registered for taking input tax credit.
Such 17 million businessmen have registered. In December 2017 there were 98 lakh
registered businessmen. crore but number of return are as follow
Month No of returns
December 63 lakh
November 64 lakh
October 65 lakh
September 69 lakh
August 67 lakh
July 63 lakh
Keyword Tax, Indirect tax, Goods and Service Tax, GST, India
(s)
Title Sustainable Blood Bank Management in India Using Blockchain and Internet of
Things
Author(s) 1. Sachin Vijay Kuberkar, Research Scholar, Symbiosis International
(Deemed) University
2. Dr. Brijesh S. P., Associate Professor, Symbiosis Center for Information
Technology (SCIT), Symbiosis International (Deemed) University
Contact 1. sachin.kuberkar@gmail.com
Abstract Purpose - This paper aims to study the role of emerging technologies such as
Blockchain and Internet-of-Things (IoT) for the sustainable blood bank
management in India.
Design/methodology/approach – The hypothesized conceptual framework for
this study integrates the Task-Technology Fit (TTF) and Technology Acceptance
Model (TAM). A primary survey was conducted using a structured questionnaire.
The responses were collected from 400 sample respondents from 30 blood bank
and hospitals and the data was analyzed using the structural equation modeling
(SEM) technique.
Findings – The findings from this study suggest that the constructs in the TTF
and TAM have a positive influence on behavioral intention (BI) to use Blockchain
and IoT technologies in the context of sustainable blood bank management.
Research limitations/implications - This cross-sectional study has a geographic
limitation as it was conducted in Pune city and its suburbs in the state of
Maharashtra. As this study was carried out in the context of a developing
country like India, caution needs to be exercised while generalizing the findings
of this study to other regions, countries and cultural context.
Practical implications - This study suggests the application of Blockchain and IoT
technology for a sustainable national blood system. It provides vital insights to
blood bank managers, healthcare professionals and policymakers.
Originality/value - This study has a novel contribution as it empirically validates
the BI to use Blockchain and IoT technology for complex scenario of blood bank
management in the context of a large developing country like India.
Keyword(s) Sustainability, Blood Bank, Blockchain, IoT
Title KM Enablers Using ISM for Knowledge Realization in Education Sector in India
Author(s) 1. Preeti Tarkar, Research Scholar, Institute of Business Management, GLA
University, Mathura
2. Deepika Pandoi, Research Scholar, Institute of Business Management,
GLA University, Mathura
3. Garima Sainger, Assistant Professor, Institute of Business Management,
GLA University, Mathura
Contact 1. E-mail- preeti.tarkar_phd13@gla.ac.in
2. E-mail- deepika.pandoi_phd13@gla.ac.in
3. E-mail- garima.sainger@gla.ac.in
Abstract In this era of change it is a believe of masses that knowledge is the most valued
asset to sustain. As a result, worldwide organizations are realizing the need to
manage their knowledge base and designing and implementing various
techniques to manage it.The need to manage and control knowledge can be
applied in the education sector too.Education Industry needs a great capacity to
maintain, build up, manage and consume their knowledge assets. Knowledge is
renowned as a vital source to attain and maintain competitive advantage in
education. Knowledge of the education institutes comprises of Professional
intellect; as also creativity, experience, concepts, values, beliefs and ways of
working that can be shared and communicated. While many organizations are
utilizing knowledge management (KM) initiatives, they suggest that it is hard to
get return on such efforts; however, preferred results can be achieved through
successful realization. So, it’s prime time to think about knowledge management
realization in education sector.
In the present study with the help of literature available in the direction of
knowledge management, a set of enablers (variables) of knowledge
management has been selected. Using these set of variables, we developed a
VAXO scale by using Interpretive Structural Modeling (ISM) method to find out
causal relationships among these variables and establish strategies for
successful execution of Knowledge Management initiatives. The Interpretive
Structural Modeling (ISM) scale comprising of various knowledge management
enablers, used for data collection from the experts in the area of education.
Outcomes from this research will also support organizations in decision making
using knowledge management initiatives.
In this paper, after collecting and analyzing the data, a conceptual framework in
perspective of Knowledge Management (KM) realization in academics in India
will be develop with a consideration that if this model is adopted in education,
it will be more beneficial to enhance the eminence of knowledge sharing and
certainly create a standard shift in education in India.
Author(s Dr. Ishani Patharia, Assistant Professor, Bhagat Phool Singh Mahila Vishwavidyalaya,
) Khanpur Kalan, Sonipat, Haryana- 131303
Contact Email: ishanibpsmv@gmail.com
Abstract Purpose: The concept of Corporate Social Responsibility is primitive in India. It can be
traced back to ancient times even before 12th century, as there is a passing reference in
the Kautilya’s Arthashastra that the King’s welfare and happiness lies in the welfare and
happiness of his people. This reveals that in India the concept of CSR had been veined
in the business culture from time immemorial due to the imperative role of ethics in
Indian culture and practice. It gained formal momentum around the world around
1990’s when prominent agencies like United Nations, World Bank, Organization of
Economic Co-operation and Development laid guiding principles and norms to be
followed by the corporate (Lee M.D. P, 2008). One of the oldest CSP model discussions
by Wartick and Cochran, 1985 published in Academic Management Review is a
landmark in understanding the concept of CSP till date.
Source: Wartick, S. L., & Cochran, P. L. (1985). The evolution of the corporate social
performance model. Academy of management review, 10(4), 767
Figure 1: Evolution of Corporate Social Performance Model
Corporate Social Performance includes Corporate Social Responsibility, Corporate
Social Responsiveness, and Social Issues Management. Thus, CSP goes beyond the
concept to CSR and is majorly a proactive approach rather than a reactive one.
After the introduction of Corporate Social Responsibility clause in Company Act in 2013,
there has been substantial rise in literature on Corporate Social Responsibility. In a
written reply to Lok Sabha, Minister of State for Corporate Affairs, Government of India,
solicited legal action against 187 companies which violated CSR provisions in the
financial year 2014-15 (The Economic Times, 15 December, 2017). Actually, for
sustainable development of the country it is pertinent to minimize the gap between the
rich and poor, maintain ecological balance, indulge in fair trade practices, share the
accurate information timely with the stakeholders and contribute towards employee
and social welfare. And Corporate Social Performance is a sure shot means to achieve
such sustainable development. This study aims to resolve the dilemma of measuring
Corporate Social Performance. The various dimensions of Corporate Social Performance
discussed in the theories and empirical studies related to CSR in the previous decades
form the basis of the present study to develop a tool for measurement, measure and
evaluate the direction of Corporate Social Performance of Indian companies after the
introduction of CSR clause.
Research methodology: A 107 item scale CSP index was developed on the basis of some
of the scales used earlier (Mishra S and Suar D, 2010; Kansal M. and Singh S., 2012;
Mirfazli E., 2008) and the mandatory recommendations in Section 135 and Schedule VII
of the Companies Act 2013. The index includes both mandatory and voluntary
Corporate Social Responsibility indicators. The indicators have been classified into the
following seven parameters:
1) Mandatory disclosures
2) Society
3) Customer
4) Human Resource
5) Environment
6) Stakeholders
7) Suppliers
Complete information for a set of 305 companies for the period under study (2014-
2016) could be extracted from the company websites and other online resources. Since
there was a zero score on the parameter Suppliers, it was dropped from the final
analysis. The reliability of the scale was tested with cronbach’s alpha.
Reliability Statistics
Cronbach's N of Items
Alpha
.983 102
By using content analysis, descriptive statistics, normality tests and Kruskal Wallis H test
with post hoc analysis; the status and direction of Corporate Social Performance (CSP)
in India has been evaluated.
Findings and discussions
The extent of CSP on a particular item was measured by percentage of companies
reporting on that item. The item wise performance is summarized in table 1.The most
popular and the least undertaken/reported CSR activities in the three years are
summarized in table 2. It was found that:
1. Indian companies do not report on the CSR policies of the suppliers in their reports
which symbolizes that CSR efforts of suppliers is either not checked, not ensured or they
do not consider it important to be reported by the companies in their reports,
2. Although there has been some improvement in adapting the mandatory guidelines
under the Section 135 of Companies Act 2013, Indian companies have yet a long way to
go.
3. Investor grievances handling policy, timely tax payment, Retirement benefits, Auditor
independence, employee training and education have been the most popular CSR
activities in the period under study whereas CSR committee was not so popular among
the companies in 2013-14, it has gained rapid importance during 2014-16. But still none
of the other mandatory CSR indicators and disclosures is on the priority of the Indian
companies.
4. Indian companies are still not contributing towards SC/ ST/BC Minority fund and
Central government or state government fund as the number of contributors are
meagre.
5. Maternity and paternity leave, Worker union, Compensation of Workers, Providing
products to economically disadvantaged, Competitive prices, Following UN Guidelines
for consumer Protection, Worker union, Holiday benefits, Facilities (Subsidized Canteen
& Transport), Promotion policy, Activities for replenishing resources, , Personnel
counseling, Environment friendly materials, Anti discrimination policy, Information on
product developments, long term Environmental plans are some of the areas on which
the companies need to focus more as many of the indiactors are linked to employee,
customer and environmental welfare.
6. As far as theme wise performances are concerned, Stakeholders welfare has been
the most imperative area for the CSR activities and disclosure. The reason may be the
introduction of Corporate Governance norms in the recent past. This does not mean
that the performance has been outstanding in the absolute terms on this crieteria as
around 44 per cent companies have been able to make way to make it most popular
CSR theme.
7. Mandatory CSR disclosures have improved their position from less important theme
to second most important theme rapidly. The legal and political interferences have been
an important reason behind the same.
8. Indian companies are striving hard towards social welfare on the third order. This
performance can be acknowledged much to the timely payment of tax which is much
of a legally bound activity. But certain dimensions of social welfare such as promoting
art and research, taking measures to check corruption, contributing towards capital
formation, rain water harvesting etc. still lack to receive adequate attention.
9. Next focused theme under CSR activities is that Employee welfare. Indian companies
are still lacking to provide congenial environment to Indian human resource to optimally
utilize their caliber in India. Indian companies lack in providing and reporting special
measures to enhance women participation in the mainstream. Apart from that, there is
lack of transparency in developing and disclosing the opportunities for growth in the
employer company, promotion policy, the compensation policies and similar important
issues.
10. Where the marketing paradigm is based on creating customer value. Indian
companies still lag behind creating and communicating the customer welfare measures.
How can sustainable development be achieved by ignoring the deprived section of the
customers, lags in assuring competitive prices and quality?
11. Although a major chunk of companies are reporting on environmental sustainability.
But it is merely in the context and not in the spirit as the poor scoring on the
environmental performance indicators which are rapidly gaining importance worldwide
have been ignored to be taken in perspective by the Indian companies such as use of
eco friendly and recycled materials, restoring historical buildings, long term
environment plans, claims of being water/ carbon positive, wildlife conservation etc.
12. The results of normality test (excluding the supplier theme) to capture the item wise
variations indicate that there is high variation in the Corporate Social Performance
across the indicators in the CSRD index (see table 3 and table 4). The significant positive
skewness reveals that there is very low level of CSP among Indian companies. This calls
for some more stringent efforts on part of company stakeholders and government.
13. The results of theme wise analysis (table 5 to 8) reveal that there is significant
variation in CSP of Indian companies in most of the theme apart from Stakeholder
welfare in all the three years, mandatory disclosures in 2014-15, 2015-16 and social
welfare efforts in 2016. The consistency and synchronization in performance on
stakeholder transparency and welfare is attributable to listing agreement and
Corporate Governance norms being improved from time to time in the country.
14. Due to non normality of data, Kruskal Wallis H test (table 6) was applied to compare
the CSP among the six themes used in the study. The results reveal that there was no
significant difference in theme wise CSP in 2013-14 but there was a significant
difference in theme wise performance in 2014-15, 2015-16. The results as per mean
ranks cross validate the earlier theme based results of the study.
15. The post hoc Games Howell test (table 8) reconfirms that Indian companies are
drastically performing poorly on the Environmental theme has compared to Mandatory
and Social Welfare themes. No significant differences were found among other CSP
themes.
Limitations and future scope of studies: It is too early to predict the real impact of the
recent inclusion of CSR clause in Company’s Act on CSP of Indian companies in the long
run. The information for the study has been taken from the annual reports and other
online resources, it may be possible that the companies might be performing well on
some of the parameters but have failed to report the same. Apart from that the huge
variations explored across the CSP indicators and themes pave way for future studies
to explore the reasons for these variations and study each theme in detail. Also, the CSR
index needs to be validated further through future studies with identical studies on
different datasets and across different time periods.
Originality/value: The study exclusively measures the status of Corporate Social
Performance of BSE 500 companies through a huge data set of 305 companies over a
period of three years after the introduction of CSR clause.
Practical Implications: There is an urgent need to curb the variations in CSP within and
across the various themes which may be possible by linking certain monetary and non
monetary benefits by the government for the companies performing well to be
reinforced to do much better. There is a need to take stringent actions on violations of
the CSR guidelines by the Indian companies. Certain additions need to be made to the
CSR guidelines to make them more comprehensive and conclusive. Also, there should
be some theme focused efforts by the Indian companies especially towards
environment. Based on the results of the study, the companies should exert rigorous
efforts and communicate on much of the least performed CSRD index items.
Keyword Corporate Social Responsibility, Corporate Social Performance (CSP), Corporate Social
(s) Responsibility Disclosure (CSRD) Index, Indian companies, Mandatory disclosures,
Voluntary disclosures
Title The Dawn of the Era of Schoolpreneurs for Building Age-Friendly Economies
Title ESG and Corporate Financial Performance: A Panel Study of Indian Companies
Author(s) 1. Karishma Dalal, Amrut Mody School of Management, Ahmedabad
University
2. Nimit Thaker, Amrut Mody School of Management, Ahmedabad
University
Contact 1. karishma.dalal@ahduni.edu.in
2. nimit.thaker@ahduni.edu.in
Abstract The importance of sustainable and responsible investment strategies has
significantly risen due to the increasing cognizance concerning environmental
stability and socio-economic development of countries. In recent times, the
perceived lack of governance during the global financial crunch, increasing
threat from global warming, aggressive engagement on social issues etc. have
brought forth a consensus concerning significance of holistic, inclusive growth
and responsible investment strategies. Responsible investment strategy aims to
incorporate environmental, social and governance (ESG) factors into investment
decisions, to better manage risk and generate sustainable, long-term returns for
the stakeholders. The fundamental principle of the ESG based investment
strategy is identification and quantifying the intrinsic value possessed by socially
responsible, environmentally friendly firms with robust governance policies in
place. These firms are believed to exhibit better risk management measures on
ESG parameters which in turn create value for investors within a framework of
long-term sustainable business model. These ESG parameters represent the
non-financial performance of an organization. United Nations Principles for
Responsible Investment Organization founded in 2006 in New York encourages
Title CAMEL Rating Ratios in Measuring the Financial Performance of Chaitanya India
Finance Credit Pvt Ltd.
Author(s) 1. KRISHNA KUMAR S, Assistant Professor, Department of Management
Studies, PES University, Bengaluru, Karnataka-560085
2. Vani.M, Student, Bachelor of Business Administration, PES University,
Bengaluru, Karnataka-560085
Contact 1. krish.zenith@gmail.com , krishnakumars@pes.edu
2. vani.maheshm@gmail.com
Abstract Introduction
Microfinance institution often flourished as they are a powerful tool for the
social and economic development (S. K. Mitra, 2008)but their close proximity
and malleability in their operation have led to information asymmetry among
the users of microfinance to obtain the information (Boateng & Boateng,
2014).Microfinance institution are those institutions which can be non-profit
organization, regulated financial institution or a bank that provides a financial
services to the low-income people (Saltzman, Rock, & Salinger, 1998)., but their
close proximity and malleability in their operation have led to information
asymmetry among the users of microfinance to obtain the information(Boateng
& Boateng, 2014) ., often MFI are prone to several challenges and hence need
to cope up the challenges there are several rating models been implemented as
a results to survive against the risk involved in the operation hence many rating
models considers the factors which includes many functional, financial and as
well as the mission drift of those institutions by considering each risks involved
to their operation(Chima, 2008) many MFI institution are not aware of the
importance of financial rating model used for rating the model hence if
microfinance institution could focus towards their rating in matter of
transparency would lead Microfinance institution to survive for a longer period
of time.
Scope of the study
Analysing the significant impact of CAMEL rating on financial performance often
depends upon the factors used for analyses to indicate the financial institutions
strengths and safeness in its operations hence the paper provides a clear view
of analysing the impact of each CAMEL components and its effect on financial
performance since the relationship among them have been analysed whereas
the effect on the rating in relation to microfinance institutions would assist the
firm in analysing its core strengths and implement the rating which best
describes its financial performance.(Muhmad & Hashim, 2015).Hence the
research helps in understanding the financial performance in view of CAMEL
rating model of Chaitanya India Finance Credit Pvt Ltd.
Keyword(s) CAMEL rating models, financial performance, ratios, Microfinance institution
and multiple regression
Title FDI, Trade and CO2 Emission in the Era of Digitalisation: A Study on Global
Economy with a Special Focus on Asia-Pacific Countries
Author(s) 1. Madhabendra Sinha, Senior Research Fellow in Economics, Department
of Humanities and Social Sciences, National Institute of Technology
Durgapur, West Bengal 713209, INDIA.
2. Prof. Dr. Partha Pratim Sengupta, Department of Humanities and Social
Sciences, National Institute of Technology Durgapur, West Bengal
713209, INDIA.
Contact 1. madhabendras@gmail.com
Abstract The paper attempts to investigate the dynamic relationships among inflow of
FDI, international trade and CO2 emission empirically in the digitalised world
with a special emphasis on Asia-Pacific region. Impact of FDI inflow on economic
growth has been a burning topic nowadays. There is a debate regarding the
effects of FDI inflows on environment. We use annual data on FDI inflow, trade
and GDP from UNCTAD and CO2 emission from World Bank for selected Asia-
Pacific countries from top 20 FDI inflow hosting countries as reported by
UNCTAD, over the significant period of digitalization from 1990 to 2016, and
form a balance panel by using data on the above mentioned variables and speed
of digitalization measured by total spending on all items of digitalization
collected from Global Media Report 2017 for six regions over period from 2009
to 2016. The stochastic properties have been looked into by carrying out LLC and
IPS panel data unit root tests followed by generalized method of moments
(GMM) estimates. Empirical findings imply that inflow of FDI significantly
promotes trade and economic growth and also influences CO2 emission. We also
find that speed of digitalization is significantly influencing global trade and
growth process.
Keyword(s) FDI, Trade, CO2 Emission, Digitalization, Asia-Pacific Economy, Dynamic Panel
Model, GMM Estimation
Purpose
Cooperatives are born for a business purpose, but in the course of time, it has
been engaged in CSR activities. It has been found that along with taking care of
its economic responsibility, it has tried to execute its responsibilities meant for
all its stakeholders. This aspect of cooperative has not been highlighted in the
extant literature till date. The study aims to critically examine whether or not
the cooperative principles contribute to societal well-being in the…
Keyword(s) NA
economic power and prestige that comes with a particular role in her life-cycle.
Policies and programs, aiming at empowering women in decision-making, need
to consider these complex power relations that structure women’s live (Adams
and Castle, 1994).
Research limitations/implications – The limitations of this research is it is based
on secondary data. However study will have important implications for further
designing of new policies as well as for amending the existing ones.
Originality/value – Although not entirely new, but will bring new insights
towards empowerment of women and sustainable development.
Keyword(s) Women empowerment, Government programs, Policies, Women Development,
Sustainable development, Gender Inequality
Title How influential information sharing, collaboration and trust in vendor buyer
relationship in Indian automobile sector
Author(s) 1. Parmjot Singh, Research Scholar (SRF), Guru Jambheshwar University of
Science and Technology, Hisar, Haryana
2. Dr. Vinod Kumar Bishnoi, Professor, Guru Jambheshwar University of
Science and Technology, Hisar, Haryana
3. Raiswa Saha, Senior Research Fellow, SRM University, Sonepat
Contact 1. parmjotsingh111@gmail.com
2. NA
3. raiswasaha5@gmail.com
Abstract This paper explores the vendor-buyer relationships in the automotive and
component industries. More specifically, it investigates the collaborative
business relationships between all the firms dealing with automobile sector. This
paper attempts to capture the extent of information sharing, trust and
collaboration in the relationships involved, and to identify that which factor is
more influential in the establishment and development of vendor buyer
collectively understand the term sustainable marketing along with the notion of
sustainable development. Conceptual analysis was done on sustainable
development constituting a triple bottom line approach – the economic
approach, the social approach, and the environmental approach in view to
pursuing economic prosperity, social equity and environmental quality
respectively. The existing gaps in integrating the above-said approaches of
sustainability and achieving the goals at business level were revealed. In addition
to this, the various initiatives that need to be taken in terms of policies for
successful implementation of sustainable development in market practices were
also disclosed.
Findings – The literature studied and the conceptual analysis done suggest that
there is a positive impact of sustainability on implementation of effective
marketing strategies at the business levels. The notion when applied in the
business organizations proves to be profitable for the corporate houses in the
long run. The businesses owing a lot to the society, cannot work without giving
in return something to the society. It is the environment and society where a
business operates. Effectively utilizing the resources and using them judiciously
not only proves to be profitable but also ensures long-term survival and growth
of such businesses. In this way, the new sustainable products enable them to
bring in innovation to their existing products. However, there is no concrete
evidence to show that the impact is big enough for all the business organizations
– large and small, to cover the increased cost and time spent on making such
sustainable products.
Practical Implication – It is the human activity which has contributed to and has
been responsible for change in climatic conditions, environmental damage
relating to loss of biodiversity, and destruction of habitat for a number of species
etc. Thus, the need of an hour is to change the human behavior and their
consumption patterns. Otherwise, the planet will not be in a position to feed its
present and upcoming future generations. Moreover, it is quite evident that
consumers are becoming more aware and informed than they were before.
Increase in education level, literacy levels and rapidly growing internet usage are
influencing them to demand more from the products they buy. They have
started questioning the product origins, safety levels, methods applied in
productions and ecological implications for they want more for the same. Adding
up to this, NGOs and varied retailers are coming up in the front to scrutinize the
materials and ingredients used in various industries in order to safeguard the
interests of the consumers. This paper discusses about all such aspects.
Research Limitation – Although the question of over-utilization of already-so-
scarce resources by business firms poses a serious threat on the world
population as well as to the mother earth, yet very little has been done to assess
the ways by which the depletion of the resources is minimized and the same is
preserved for upcoming future generations. Recycling and reuse of the raw
materials as well as alteration in the packaging process leading to sustainable
packaging do take place but in a narrow sense and only by the organizations of
repute who are under constant pressure of NGOs. The small corporate houses
or small and medium scale enterprises (SMSEs) in specific are not in a position
to develop such changes instantly for they might not be able to cover the cost
and time spent on producing sustainable products and practicing sustainable
marketing. Moreover, very less emphasis has been given on the benefits
procured to the demand side of the market i.e., consumers. Even the big
corporate houses practicing sustainability give little attention to consumers and
mainly focus on making their products sustainable for the sake of NGOs.
However, this research work, does not provides an empirical evidence and
support but offers insights on engaging enterprises into practicing sustainability.
Originality/ Value – The paper studies the question of sustainability from the
point of view of worldwide business organizations. It illustrates the sustainable
marketing practices that have been into practice by various organizations like
Timberland, SC Johnson, Clorox, Samsung, Apple Inc. and also focusing on
cosmetic industry. It talks about the notions that these organizations uses such
as ratings and certifications in order to check the quality of raw materials used
in manufacturing the products. Furthermore, it describes how emphasis is given
on banning certain dangerous plastics and bleaches in order to make effective
sustainable products as well as on reusing and recycling of paper which is used
in packaging the products.
Keyword(s) Sustainability, Sustainable Development, Sustainable Marketing, Sustainability
Marketing
resulted into a sample size of 350 and was deemed enough for structural
equation modeling to be applied. All measurement items contained in the
questionnaire were adapted from existing scales found in the literature. The
scales were evaluated for reliability, convergent validity and discriminant
validity. A structural equation modeling (SEM) approach was applied using
AMOS 18.0 Version to test the impact of environmental attitude, environmental
concern, perceived consumer effectiveness and perceived environmental
responsibility on attitude towards green products. Variables i.e., environment
attitude, environmental concern, perceived consumer effectiveness and
perceived environmental responsibility have been taken as exogenous variables
and attitude towards green products is endogenous variable in the study. On
analysis, all exogenous variables were found to have significant impact on
attitude towards green products. The findings of the study are important to the
marketers as they enhance their understanding of factors that lead consumers
to buy green products and engage in other forms of green consumerism. Having
understanding of factors leading to green behavior would help companies to
shift the consumption patterns from conventional products to sustainably
produced ones. This change in consumption pattern would then offer huge
environmental benefits and conservation of natural resources. Companies can
design focused green strategies to promote green consumption. It would also
benefit the society by cutting down the emission of greenhouse gases, climate
change and consumption and saving of natural resources.
Keyword(s) Environmental Attitude, Green Products, Green consumerism, Perceived
Environmental Responsibility
Keyword(s) NA
Title Exploring the Role of Community and the Government for Sustainable
Implementation of Rural Development Projects in India
Author(s) 1. Dr. Alka Dwivedi, Assistant Professor (SG), Dept of HR & OB, School of
Business, University of Petroleum and Energy Studies, Dehradun
2. Dr. Prasoom Dwivedi, Professor & Assistant Dean- Research (Project),
School of Business, University of Petroleum and Energy Studies,
Dehradun
Contact 1. adwivedi@ddn.upes.ac.in
Abstract INTRODUCTION
As a developing country India needs to prioritize its resource allocation for
equally competing demands. At the same time there is a pressing need for
empowerment of all groups and communities for holistic and inclusive growth.
Inviting and promoting involvement of citizens in government initiated
development projects generally achieves the dual objective of development as
well as empowerment. Many projects have successfully achieved this aim. At the
same time there have been certain instances where the facilities created by the
government with the developmental goals have been left defunct/ dysfunctional
and have become a sunk cost. This is not only a financial loss but also a loss of
opportunity for achievement of development goals. This makes the involvement
of community an important element for the sustainability of development
projects.
OBJECTIVE
The present paper underlines the complementarity of roles played by the
government and the targeted community in sustainable implementation of
development projects in rural India. Community participation in development
projects has been long sought after. However, an efficient, effective and
pragmatic model of such participation is still elusive.
The response and involvement of community is influenced by various factors
ranging from socio-economic status, community sentiment, sense of
empowerment among the community members, cultural practices,
expectations from the government etc. Hence the community participation
practices are very context specific and cannot be copied from one context to the
other (Elinor Ostrom et.al. 1999).
In Indian context when the community participation is factored in the
implementation of government initiated projects the specificities of the Indian
context have to be taken into account. Herein, the present paper makes an
important contribution by firstly, pointing out that the Public Community
Participation (PCP) model can be used to improve the sustainability of
development projects in rural India. Secondly, the government will have to
understand and delineate the role to be played by the community and help it by
creating necessary ecosystems.
Keyword(s) NA
Title The linkage between Corporate Carbon Intensity and Corporate Financial
Performance: An Empirical Examination of Indian Firms
Author(s) 1. Praveen Kumar, Research Scholar, Department of Business
Administration, National Institute of Technology, Kurukshetra, India.
2. Dr. Mohammad Firoz, Assistant Professor, Department of Business
Administration, National Institute of Technology, Kurukshetra, India.
Contact 1. praveen_6150042@nitkkr.ac.in
2. mfiroz@nitkkr.ac.in
Abstract To the best of our knowledge, this is the first empirical study to examine the
impact of carbon intensity on the firms’ financial performance, especially
regarding whether carbon intensity affects firms Return on Net Worth (RONW)
and Earnings Per Share (EPS), in the Indian context. We hypothesise that firm
financial performance will be negatively related to its carbon intensity profile.
We conducted our investigation using a sample of 184 firm-year observations
for 23 Indian companies from thirteen different sub-industry sectors over the
period 2009-2016. We measure carbon intensity of the sample firms’ based on
recent (historical) hand-collected data of carbon emissions published by sample
firms’ in their sustainability reports. Using the panel data analysis, this
examination consistently provides the evidence that the carbon emissions
intensity will adversely affect corporate entities’ financial performance.
Specifically, this research finds that the carbon intensity is positively and
statistically significantly related to Return on Net Worth (RONW) at 5% and 10%
percent level. This study also demonstrates that Earnings Per Share (EPS) of
emissions-liable companies will be adversely affected in the market and
significantly at 5% and 10% percent level. These empirical findings are important
for the companies, the accounting profession, and for carbon emission
regulators. Our findings are important to India and international regulators and
standard-setters as they work toward developing standards for measuring,
assuring, and reporting on a firm’s carbon emission data.
Keyword(s) Carbon emissions, RONW, EPS, Carbon Emission, India
Title
Author(s) 1. Dr.Priya Grover, Associate Professor, Symbiosis Institute of Media &
Communication, Symbiosis International (Deemed University), Pune
2. Ms.Rekha Verma, Faculty, Department of Humanities, School of
Business, University of Petroleum & Energy Studies, Dehradun
Contact 1. priyagrover0123@gmail.com
2. abhiashmi17@gmail.com
Abstract The rate at which the environment is being harmed is increasing since the last
few years and alarm signals are being communicated repeatedly. The concept of
environmental education is gaining momentum now days in India with the
government having launched a lot of programs. The emergence of the concept
of green schools supports this fact. Though a lot of research work highlights the
importance and benefits of green schools but nothing much has been done on
the effect of school infrastructure on the learning process in these schools. This
research paper studies the concept of mood in detail and the role of school
facilities in influencing the mood of students towards learning in green schools.
The research is qualitative in nature. A case based approach has been followed
and one school in Gujarat has been selected, B-KANAE school, Modasa. 21 In
depth interviews have been conducted among students of this school. The
students selected are in the age group 13-15 years and in class 7th and 8th.The
analysis was done through Leximancer tool. According to the in-depth interviews
and analysis, mood along with green school facilities and environment plays a
dynamic role in persuading learning outcomes. It was observed that when the
students are in good mood, they are focused and enhanced learning takes place.
However, if the students are in a bad mood, then they might get distracted from
studies. Green school facilities and environment helps to elevate their mood and
bring a smile on their faces.
Keyword(s) Mood, Green, Environment, Sustainability, Schools, Facilities, Learning
Title A STUDY ON THE PERCEPTION TOWARDS USE OF MOBILE WATTET FOR ONLINE
SHOPPING – A SPECIFIC REFERENCE TO MANAGEMENT STUDENTS IN RAIGARH
CITY
Author(s) Dr. Rakesh Kumar Patra, Assistant Professor, School of Management, OP Jindal
University , Raigarh, Chhatisgarh
Contact rakesh.patra@opju.ac.in
Abstract In the era of globalization and technology development the use of digital cash is
emerged. In addition to that the risk factors in using cash is huge. This paper
focuses on the perception towards use of mobile wallet for online shopping. An
investigation has been carried out with 100 management students. A
convenience sampling method is used for selecting the sample. A structured
questionnaire is used and five point Likert scale is used for primary survey. The
statistical methods like factor analysis and chi-squire test is used for
interpretation. The SPSS 20.0 version is used for data analysis. In this
investigation it is found out that management students are aware of using
mobile wallet. The risk perception of using mobile wallet is negligible. Because
of convenience payment system the use of mobile wallet has increased among
the management students in Raigarh City. In addition to that Paytm is the most
popular mobile wallet among the others.
Keyword(s) Globalization; mobile wallet; convenience ; factor analysis; SPSS
3. p.malarvizhi@iilminstitute.ac.in
Abstract Environmental challenges and climate change are two central issues of the
twenty-first century. Contamination caused due to rapid industrialization,
decreasing forest covers, degeneration of landmasses and atmosphere in
various parts of the world has resulted in global warming. Time has come to take
action towards protecting the environment and it needed at various levels of
society. This research paper is an attempt to understand the Corporate
Environmental Disclosure (CED) practices followed at corporate level in India.
Recent research suggests that voluntary reporting in India is at its nascent stage.
This research focuses on the current environmental management practices and
captures the perception of corporate managers on environmental reporting
through a structured questionnaire to understand the drivers and barriers to
companies in making such disclosures. Analysis of the 54 valid responses
indicate the top three drivers are: ‘long term survival of an organization’,
‘reduction in waste and improved efficiency’ and ‘to acknowledge social
responsibility’. Top three barriers included ‘to avoid providing sensitive and
confidential information to competitors’, ‘no legal requirement/obligation to
report’ and ‘to avoid possible damage to companies’ reputation. Overall the
findings suggest that the perceptions of both groups towards these factors are
similar except for ‘improved financial performance’. The paper makes some
policy suggestion for increasing the level of environmental disclosure in India.
Keyword(s) Corporate Environmental Disclosure, Indian Companies, Drivers, Barriers,
Survey
Title Simplicity and Test of Weighted Moving Averages for Stock Traders and
Investors of National Stock Exchange India
Author(s) 1. SAMEER V. DESHPANDE
2. DR. PRAVEEN M. KULKARNI
3. PAVAN MANURKAR
Contact 1. deshpandesameerv@gmail.com
2. pmkulkarni90@gmail.com
3. pavan.manurkar1849@gmail.com
Abstract In stock market, a successful trader and investor is good in technical analysis.
Technical Analysis can get difficult. This research authors has shown a simple
but effective way of predicting price moves. A technical indicator called
weighted Moving Average is used in this research to predict the moves.
Keyword(s) NA
Title Green Marketing: Consumer Attitude and Perception towards Organic Cosmetic-
A Study in Delhi- NCR Region
Author(s) 1. Ms Sanjeela Mathur, Jagannath International Management School, New
Delhi
2. Dr.(Ms) Neelam Tandon, Jagannath International Management School,
New Delhi
Contact 1. sanjeela.mathur@jagannth.org
2. neelamtandon.jagannath.org
Abstract Over the last few decades, human consumption of natural resources has
surpassed all limits. The repercussions of which are manifested everywhere. Not
only human life is impacted but also the myriad forms of life on earth are
endangered. From natural disasters to climate change and global warming, the
warning bells are chiming loud. Pollution of the air, water, increasing landfills,
deteriorating green cover and forests and usage of chemicals and synthetics in
daily consumption of products has also exposed man to a large number of
diseases and chronic ailments. Not that the enormity of the situation has gone
unnoticed. Consumers over the globe are awakened to the concern for restoring
ecological balance and reducing their uncontrolled exploitation of natural
resources. ‘Go Green’ is the logical solution to the mounting environmental
problems. Consumer behaviour has undergone a tremendous change over the
years .Today, consumption of goods is not limited to physical features, attributes
or the intangible aspects like brand alone. Increasingly, awareness towards
ecology and environmental friendly consumption is gaining an important aspect
of decision making. Today, consumers are choosing products which have been
organically produced over others (Coddington, 1993; Davis, 1993; McDougall,
1993; Ottman, 1992). There is enough evidence to show that consumers are
today , realising the economic liabilities with such a process, ready to pay more
for such environmental products (Coddington, 1993; Davis, 1993;Ottman, 1992).
Keyword(s) NA
markets and analyze it through content analysis to draw inferences. The findings
suggest that having a well-developed sustainable marketing strategy and striving
for a sustainable future does bring organizations competitive advantage and
growth opportunities, and thereby an accelerated development of Emerging
Markets. Attempt is also made to utilize insights to develop a conceptual model
of Sustainable Marketing Practices, which will be useful for companies to follow
for reducing adverse effect on environment and society.
Keyword(s) Sustainable Marketing, Emerging Markets, Marketing Practices, Conceptual
Model
Title LINKAGE BETWEEN BANKS’ SERVICE QUALITY AND PERCEIVED VALUE - INDIAN
EXPERIENCE
Author(s) 1. Dr. S.C. Vetrivel, Assistant Professor (Selection Grade)
2. Dr. V. Krishnamoorthi, Assistant Professor
3. Dr. M. Mohanasundari, Assistant Professor
Department of Management Studies, Kongu Engineering College (Autonomous)
Perundurai 638060, Erode Dt., Tamil Nadu, India.
Contact 1. scvetrivel@gmail.com
Abstract The objective of this paper are to examine bank service quality dimensions and
explore how bank service quality factors influence customers perceived value in
the context of retail banking. This study was approached with the following
hypothesis, Empathy do not have positive impact on perceived value, reliability
do not have positive impact on perceived value, responsiveness do not have
behaviour, with the green product market expanding at a remarkable rate The
present study shows that environment concern is evidently predicted from
consumers’ purchasing patterns, with consumers increasingly preferring to buy
‘green products. The study tries to develop relationship among environmental
knowledge, normative beliefs and perceived consumer effectiveness, and their
effect on intention towards sustainable green products.
Keyword(s) Environmental Knowledge, Normative Beliefs, Perceived Consumer
effectiveness and Sustainable green product intention.
Title New aspects in green consumerism : price sensitivity and purchase involvement
Author(s) 1. Arindra Nath Mishra, FPM Scholar, XLRI, Jamshedpur
2. Shayani Sengupta, FPM Scholar, XLRI, Jamshedpur
Contact 1. fb16001@astra.xlri.ac.in
2. fh17002@astra.xlri.ac.in
Abstract Sustainable consumption means using resources in such a way that the future
generations can also make use of them. The centre of sustainable consumption
at consumer level is green product. Peattie (1995) defined green products as
"When its environmental and societal performance, in production use and
disposal is significantly improved and improving in comparison to conventional
and competitive product offerings". We are at crossroads where sustainable and
responsible consumption is essential for our future generations, more so than
us. However the choice of right decision may come at a cost. Green consumerism
refers to the consumer purchase
Behaviour that incorporate environmental and social aspects (Peattie,1992).
Almost 71% people in 2013, have shown willingness to buy greener products,
which is up from 66% in 2008 (Cone communications, 2013, 2008).However,
around 4/5th of consumers opine that a green product is more expensive than
the equivalent non-green one, also around 60% would be motivated to buy
green product if cost savings were involved (Retailmenot.com,2012). However
there exists mixed results from the earlier studies. (Datta2011) suggests that
buyers were not ready yet to pay a premium for eco-friendly products while
(Mainieri1997) found that only 14%-30% of respondents had purchased product
due to environmental impact.
Keyword(s) NA
Title Social, Cultural and Educational Factors Influencing Entrepreneurial Intent and
Personality Traits
Author(s) 1. Dr. Irum Alvi, Asstt. Prof. (HEAS Deptt.), Rajasthan Technical University,
Kota
2. Dr. Anamika Sharma, Faculty of Management, MBA Programme,
Rajasthan Technical University, Kota, Rajasthan
Contact 1. irumalvi@gmail.com
2. anysharma70@gmail.com
Abstract Purpose
– The study aims to scrutinize the social, cultural and educational factors which
influence the Entrepreneurial Intent and Personality Traits of engineering
students.
Design/methodology/approach
– An empirical research approach is adopted for the paper. It evaluates the
correlation between the social, cultural and educational factors and the
entrepreneurial intent of the students, which stimulate or impede their
entrepreneurial intent. Little research on these determinants has been
conducted, especially in the State of Rajasthan, this study seeks to reveal the
variables play a decisive role.
Design/methodology/approach
– To measure the association between the factors selected, Data were collected
via questionnaires from 250 engineering students studying in a Technical
University in Kota, Rajasthan. The data collected were analyzed using factor
analysis, KMO and Bartlett's Test, descriptive statistics, and Pearson’s
correlation.
Findings
–It was found that some factors were strongly correlated with the
entrepreneurial intent of the engineering students and their entrepreneurial
personal traits, which for the present study were confined to need for
achievement, Entrepreneurial Alertness and Innovativeness.
Research limitations/implications
– This research provides a deeper insight into the role the selected factors play
in the formation of the students’ entrepreneurial intent and it advances the
research into
Practical implications
–The study may have insightful consequences for Policymakers, Technical
Educators and the Technical Universities and the Government in developing and
planning for entrepreneurship activities, program and education for enhancing
the entrepreneurial intention among engineering students.
Originality/value
– By using an empirical design, the paper provides empirical evidence about the
intention towards entrepreneurship based on social, cultural and educational
factors. Ultimately, the paper hopes to have added richness to the ongoing
discussion among academics and educators alike regarding the importance of
intention development in entrepreneurship education.
Keyword(s) Entrepreneurial Intent, Social, Cultural and Educational Factors, Personality
Traits
Title A study of Informal Sector of the Indian Economy with specific reference to
Handicraft Industry
Author(s) 1. Ananta Narayana, Research Scholar, Department of Humanities &
Social Sciences, Motilal Nehru National Institute of Technology
Allahabad
2. Dr. Rajesh Kumar Shastri, Associate Professor, Department of
Humanities & Social Sciences, Motilal Nehru National Institute of
Technology Allahabad
Contact 1. ananta.narayana20@gmail.com
2. rajeshkumarsharstri@gmail.com
Abstract Even though India is said to be an emerging economy and new manufacturing
destination of the world, however, it has many informal sectors which needed
to be formalized (organized) for the essential economic growth. This article ill
focus on handicraft as an important part of the informal sector and its
contribution to the Indian economy since independence. The article will review
the setbacks which India has faced while transforming the handicraft industry
into organized industry. The study also highlights and compares Indian
handicraft with Chinese handicraft industry. The purpose of the study is to
present problems and prospects of Indian handicraft industry for its
development and progress.
Keyword(s) Informal Sector, handicraft, contributing to economic, Chinese handicraft, the
problems of the informal sector
obtaining adequate financial support from banks, never ending demands for
donations from various local bodies irrespective of profit margin, adequate
demand for their products and services in the market, etc. The factors of non
acceptance of the enterprise’s product comprise of lack of quality in some cases,
cheaper alternatives; margins were comparatively less, irregularity in stock
replenishment, discounts and misappropriation of balances, etc.
Research Implications
The study has implications on the performance of the entrepreneurs. They will
be able to know what not to do if they are to survive in the market. This will be
able to identify the loop holes and shortcomings within themselves and prevent
from further disasters. This can give a tentative idea of what are the dos and
don’ts in order to survive in semi-urban or rural areas. This will provide an idea
of challenging internal and external factors that can bring down their
enterprises.
Practical Implications
It will guide the managers of those enterprises for managing valuable resources
be it human, financial or inventories. This can give an insight of dealing with both
internal and external stakeholders of the enterprise. Also, it will help the
managers establish certain rules and regulations of running such enterprise of
their own as well as of others. This will also help in maintaining cordial
relationships in the enterprise as a family and work for the common goal. This
can help in developing common ground for everyone in the organization and
create a citizenship behavior amongst the employees.
Social Implications
It will help in self sustainability of the enterprise. The society will be benefited if
the enterprise survives in the market for longer period of time. The employees
will get proper salaries and wages which are useful for sustaining not only
oneself but others dependent on them as well. If the enterprise will flourish it
will bring in more revenue to the locality through job opportunities, business
transactions and so forth. The profit of the enterprise will ultimately trickle down
to the society.
Keyword(s) Enterprise, internal and external factors of failure, success factors
Title Study of consumer characteristics for buying green products in Indian context
Author(s) 1. Dr. Shubha Johri, Assistant Professor (Marketing), Jaipuria institute of
Management, Jaipur
2. Dr. Lokesh Vijayvargy, Associate Professor ( Operations Management),
Jaipuria Institute of Management,Jaipur
Contact 1. shubha.johari@jaipuria.ac.in
2. lokesh.vijayvargy@jaipuria.ac.in
Abstract The significance towards understanding green consumerism has evolved
manifold in the last few years. Due to this emerging new market segment of
green consumers, firms have been allocating vast resources to the cause of
environmental management, social accountability, health and safety etc.
Frequent climate changes, global warming, concern for health and
environmental sustainability are the major issues to create awareness among
the consumers to buy green products and consequently, the demand for green
products has been on rise. The Indian government has also taken some praise
worthy steps to keep the environment clean and green. Odd even rule, Swachh
Bharat Abhiyan, clean Ganga project and bijli bachao are among the various
initiatives taken to protect the environment and sensitize people towards using
environment friendly products. Marketers understood the need to identify the
changes in the consumer behavior, and have been modifying their offering to
attract the growing number of the green consumers. This creates huge
opportunity for marketers to communicate their brand’s promise to go green, a
way to build both loyalty and good margins for their business. Nowadays, green
products are available in almost every shop which is further attributed to
widespread marketing of these products leading to increased competition
among businesses to generate more environmentally friendly products.
Different strategies have been used to promote and inform consumers about
the environmental as well as health related benefits of the green product. Use
of environment friendly features in the products, changing the color or material
of the packaging, use of ecolabels on the packs has been extensively researched
in the past. For example Coca-Cola has invested huge sums of money in various
recycling activities, as well as modified their packaging to reduce its detrimental
impact on environmental. Ecolabelling networks are being used by businesses
to monitor and evaluate green products performance. These networks conduct
life cycle analyses to evaluate the impact of green products.
Keyword(s) NA
single approach will apply to all firms in all situations but combination of
Management, Engineering, Science and Technology (MEST) will definitely a
solution in this situation. The only challenge is how to use Management,
Engineering, Science and Technology (MEST) as a framework to develop
sustainable products. Already, many companies have demonstrated the
willingness to express what they stand for and in turn understand what society
expects of them. These companies are actively developing and incorporating
Management, Engineering, Science and Technology together as a tool to
stimulate innovation. But there is much more to be done and important lessons
to be learned and applied, especially to obtain sustainable innovation that
addresses needs for tomorrow’s sustainable world.
Keyword(s) Innovation, India, Pharmaceutical, Sustainability
Research Limitations- The study was restricted to show positive impact of only
four dimensions of IM on FJS. Successful area of future research is to indentify
other dimensions of internal marketing that could enhance faculty job
satisfaction. The study was limited to only select management education
institution within Jammu, Delhi and Chandigarh. So, more of research should be
done in other management institutions of different cities or in other countries
so as to uncover similarities and differences in larger set of samples.
Title Creating Social Impact using Reverse Innovation & Social Entrepreneurship
Author(s) 1. Praigya Rawat, Research Scholar, Department of Management Studies, ABV-
Indian Institute of Information Technology and Management (IIITM),
Gwalior
2. Dr. Vijay Kumar Jain, Assistant Professor, Department of Management
Studies, DIT University Dehradun Uttrakhand
Contact 1. rawat.praigya@gmail.com
2. vijayjain22@gmail.com
Abstract Emerging economies particularly India holds incandescent future with lots of un-
broached opportunities. New innovative era has strongly knocked the doors of
approximately all the existing fields of the country right from technical to non-
technical ones. Reverse innovation is one of them which is an offshoot of
innovation movement. Reverse Innovation is defined as a blueprint for scaling
growth in emerging markets and believes that ignoring it could cost developed-
country multinational companies (MNCs) dearly, as it would create
opportunities for their emerging market counterparts (EMNCs) in more
established regions (Govindarajan, 2009). Reverse innovation is based on ultra-
low-cost, universal access, simple innovation done to achieve dual objective-
first to address the needs of emerging economies like India, China etc. and
secondly to target untapped high end customers of developed economies
(Schuster and Holtbrügge 2014). This concept got popularized for its upward
movement from emerging economies to highly developed economies (Immelt,
Govindarajan and Trimble, 2009). Reverse innovation is not about low cost, it
is doing more with scarce resource and creating value for many. It would be
rightly to say that reverse innovation is a kernel of mass innovation which is
complemented by social entrepreneurs. Social entrepreneurs largely focuses on
community and social goals (Harding, 2004). The social enterprises are chosen
funnels through which mass innovation is reached to targeted people of the
country. Emerging economies should enormously work on unification of reverse
innovation and social innovation in order to weed out deep rooted, multiple
long-standing issues responsible for pushing back the growth of emerging
economies. There have been many successful examples of how reverse
innovation have benefited people. The low cost, affordable electrocardiogram
(ECG) machines were developed for Indian market unlike high priced EGC
machines of developed markets. India being a developing country offer huge
potential for reverse innovation. The connection of social entrepreneurship and
reverse innovation can create more impact in addressing societal problems at
reasonable cost. Social entrepreneurs can play vital role by leveraging the
opportunity to find solution to social problems with the help of reverse
innovation. Keeping this objective in mind, the present paper is modest attempt
to understand the concept of reverse innovation, its role in developing
economies and developed economies and how it can contribute towards
addressing social problems. The paper also highlights the implications of reverse
innovation for developing economies.
Keyword(s) NA
Title Study of Critical Success Factors to implement Integrated Green and Lean Six
Sigma
Author(s) 1. Mrigendra Nath Mishra, Institute of Management Studies, B.H.U.,
Varanasi
2. Dr. Ashutosh Mohan, Associate Professor, Institute of Management
Studies, B.H.U., Varanasi
Contact 1. mn.mishra3@gmail.com
Abstract Purpose- Analysis of Green and Lean Six Sigma, based on the success factors in
its use through a well thought-out literature review is being planned, A
framework has been integrated in a productive manner with the Green and Lean
and Six Sigma methods so as to incorporate and actualize the execution. In order
to achieve this goal, a significant review of the existing literature of the subject
area has been done to prepare a framework in view of the critical success
factors.
Design/methodology/approach – The methodology consists of comparative
investigation of Green, Lean management and Six Sigma using open written
work, essential analysis at data and master experience of the researchers. A
study was arranged and flowed survey from various businesses utilizing JMP
statistical software.
Findings- The paper establishes the distinguishing proof of five success factors
with their situational importance and shows that the integrated Green and Lean
Six Sigma can drive the organisations to optimize their resources and cost of
services or productions.
Practical implications – A Green and Lean Six Sigma (GL2S) organisation would
take profits by the utilization of the proposed framework in an alternate extent
of organisations should be dynamic. The organisations should assess their
shortcomings and qualities, set needs, and perceive objectives for fruitful
implementation.
Originality/value – Suggestions are being made regarding thoughts and methods
that would constitute a Green and Lean Six Sigma organisation. The suggested
framework encompare the method for improvements that may occur in
organisations while implementation the Green and Lean management or Six
Sigma.
Keyword(s) Green and Lean Six Sigma, Intregate, Critical Success Factors
In FMCG (Fast Moving Consumer goods) Industry, now free sample is getting
replaced by paid sample. Many companies have launched their products in small
sachet at very low cost which are affordable and easily available in market. It
helps industry to target new customers, because customers are ready to pay
small minimum cost for trial of new product.
The study aims to understand the new concept of Tryvertsing and find its scope
in Indian Market. It also helps in understating the mentality of customers in
accepting free or paid sample of product on trial basis. The study carried out on
FMCG consumable and milk products.
For the purpose of the study the samples have been taken from customers and
retail shopkeepers of Mumbai.
Keyword(s) Dynamic World, FMCG, Marketing Communication, Paid Sample, Tryvertising
to examine that how the green value orientation of the consumers and green
information furnished by the marketers together motivate the consumers to
engage in green purchase action.
The values are the guiding principles, the significant life goals which dictate the
life of the concerned person. The consumers’ perception of the green values
(environment friendly values) exhibited across their various environmentally
conscious behaviour including the purchase, use as well as disposition of the
products in an environmentally friendly way is important to be studied. The
term environmental responsible behaviour is coined by Stern (2000) as “the
propensity to take actions with environmental intent”. It refers to behaviour
undertaken by the consumers with an intention of safeguarding the
environment or in other words it implies a consumption behaviour which is
environmentally responsible or environmentally conscious.
The findings of the study help the marketers to ascertain the underlying
motivations of the consumers and assess if the communication emphasizing
greenness of the products or the green marketing information is significant in
dictating their green purchase behavior.
Keyword(s) NA
Abstract Purpose: The research focuses on examining the role of psychological conditions
of meaningfulness, safety and availability as mediators in well-established
relationship between job crafting and employee engagement. The study is based
on the model proposed by May et al. (2004) which explored the determinants
and mediating effect of psychological conditions of meaningfulness, safety and
availability on work engagement.
Design: The sample for the research consist of 187 executives working in Indian
IT companies. Data was analyzed using correlation and multiple hierarchical
regressions using SPSS 22.
Findings: the research reveals the strong relationship between job crafting and
work engagement. The results also established the role of psychological
conditions of meaningfulness and availability as mediators in job crafting and
work engagement relationship. Hypothesis considering psychological safety as a
mediator was not supported by results.
Research Implications: The study advances the literature on job crafting as a
predictor of work engagement and the role of psychological conditions in this
relationship in Indian collectivist culture where there is a dearth of literature in
this area.
Practical Implication: The Managers should encourage a culture of job crafting
among employees in addition to fostering psychological meaningfulness, safety
and availability through effective job design for enhancing work engagement in
the organizations.
Keyword(s) Work engagement, job crafting, psychological conditions
India (MII) to create possibilities for getting Foreign Direct Investment (FDI) and
foster business partnerships. Some initiatives have already been undertaken to
alleviate the business environment from outdated policies and regulations. This
reform is also aligned with parameters of World Bank's 'Ease of Doing Business'
index to improve India's ranking on it. Our research focuses on analysing the
impact of these recent government policies as a long-term effort, to enable India
to achieve sustainable growth. Under Make in India, the attempt is to make India
a manufacturing hub by adopting world class practices in manufacturing sector.
It is always desirable to undertake research regarding the impact whenever the
government initiates new policies.
Post ‘Make in India’ initiative, the Government of India has been supportive
towards this growth. It set up Electronic Hardware Technology Parks (EHTPs),
Special Economic Zones (SEZs) and brought about a favourable climate for
Foreign Direct Investment (FDI). The government has also increased
liberalisation and relaxed tariffs to promote growth in the sector. The Gross
Value Added (GVA) from the manufacturing sector was US$ 350.4 billion in FY17.
The sector’s contribution to the country’s GDP stood at 16.51 per cent in 2016.
In the proposed research model, the “Make in India impact (M)” is taken as an
independent variable which includes parameter like developing India as a
manufacturing hub, FDI boosting entrepreneurship and growing economy.
One more independent variable that is taken in is “Ease of doing business (I)
which focuses on fastracking of defence projects, streaming the process of
applying for Industrial License, extension of validity of Industrial License online
portal for Industrial Entrepreneur memorandum, exclusion of major items of
defence product from industrial license, deregulating dual use items by military
and civilian, online processing of environmental clearance, introducing a system
of self certification for use of all non-risk, non –hazardous businesses. Two more
independent variables taken are Policies under Make in India (P) indented to
bring the change which includes policy in defence sector, 100 percent FDI under
automatic route, FDI in defence sector etc and Ethical Issues of our
manufacturers under Make in India initiatives (E).
The dependant variable under this research study is “Sustainable growth” under
of Make in India initiative. Which included the constructs like, vision of
‘minimum government and maximum governance’, implementation of GST to
increase the competitiveness of India’s manufacturing, delivering high-quality
manufacturing standards, enhance skill development, protecting intellectual
property right in India, develop industrial corridors, helping in building smart
cities and enhancing high-speed communication. Also, issues like coal block
allocation, NLIP, equal investment opportunities, domestic entrepreneurs,
minimizing environmental and ecological impact and reducing red tapism in
government are covered under sustainable growth.
In this paper, we have shed light on the Make in India initiative. We have
developed a SEM –PLS model relating Ease of Doing Business, Impact of Make in
India project, Policy and Initiatives undertaken and Sustainable Growth under
this project. The results of our study showed the parameters like Initiatives,
Ethical Issues and Ease of doing business are related to sustainable growth and
policy parameter acts as the mediator between ease of doing business and
sustainable growth. Value of R Square is 0.646 and higher the R- square better
the model. Overall model is acceptable and MII initiative is helpful in producing
sustainable growth.
Keyword(s) NA
Contact milloyaja@gmail.com
Abstract Purpose –The purpose of this study is to highlight tourism in the rural area to
raise economic benefits for the community livelihood and their core
participation in the industry for a inclusive sustainable development approach.
And also to discuss how the local residents are taking part and what are their
views especially prevailing in the rural area. This paper contributes employment
opportunity through tourism-related activities in the rural areas.
Design/methodology/approach – For this study, articles from esteemed peer-
reviewed journals are selected on related studies done on various socio-
geographical areas.
Finding – From the review, it is found that immense study has been done on the
employment and other socioeconomic benefits of tourism in the rural areas. But
challenges come when participation from the local community and their view in
the process of achieving the goal is bespoken coordination and transparency of
discourse. The importance of external assistance from NGOs, state and central
govt. aids, schemes, and project are pronounced how it is in helping growth and
development of entrepreneur in the tourism sector.
Research Limitation/implication – This paper will serve purpose of adding value
to the similar kind of studies in tourism, hospitality, and allied sectors. Many
variables have been touched upon which are relevant to the study especially in
rural economy livelihood through tourism-related services.
Practical Implication – As the study sources gathered from scholarly research
papers, conjoin of views can help other academician and stakeholders of related
work can catch significant inputs. After going through review a stepwise model
of the participatory approach in tourism has been tried to formulate.
Originality/value – this study will help in building the tourism participatory
model for rural areas. Both scholars and stakeholders from tourism and
hospitality and allied industry can refer to heighten their framework in the
business model in rural areas.
Keyword(s) Economic livelihood, rural economy, tourism, community participation,
sustainable development, Service industry, Entrepreneurship
Title The empirical linkage between remittances and economic growth An ARDL co-
integration approach for India
Author(s) Sumanbindu, Research Scholar, Department of International Business,
Pondicherry University
Contact sumanbindu43@gmail.com
Abstract Purpose – The purpose of this paper is to investigate the empirical relationship
between remittances and economic growth by highlighting short run and long-
run dynamics for Indian economy.
Design/Methodology/Approach - The paper uses secondary time series data
over the period 1977-2016. Augmented Dickey-Fuller and Phillips Perron unit
root tests are applied to figure out the order of integration. The study employed
Autoregressive Distributive Lag (ARDL) approach generally known as Bound
testing technique. ARDL technique is more efficient for small and finite sample
studies. Error Correction Model (ECM) has also been utilized to provide us
information about the impact of a causal factor on the variable under study.
Further, in order to check the model stability, CUSUM and CUSUMQ tests are
also used. Sensitivity analysis is conducted to check the robustness of the results.
Title Revolution trends in Supply Chain Management and projected Future supply
chain trends
Author(s) 1. Mr. Prem Nath Panday, Assistant Professor (Retired), School of Business
Studies, Sharda University - Knowledge Park-III, Greater Noida- 201306
2. Ms. Suruchi Panday, Student-Indira Gandhi National Open University-
New Delhi
Contact 1. premnathpa@gmail.com
2. suruchi.panday@gmail.com
Abstract History of Supply Chain Management: Over the last 100 plus years of the history
of supply chain management has evolved from an initial focus on improving
relatively simple, but very labour-intensive processes to the present day
engineering and managing of extraordinarily complex global networks.
As global supply chains continue to evolve into an ever flatting landscape the
possibilities and the headaches continue to exponentially grow. Supply chain
volatility in the market-place and the complexities in managing supply chain
profitably become more perilous. Market dynamics, global supplier variances
and seasonality trends continue to disrupt even the most stable supply chains.
There is a revolution coming to the world of Supply Chain Management and
logistics. It’s no longer enough to simply invest into best practices and hope for
the best. With innovation comes change. Supply chain executives and managers
that embrace that change will be positioned well for the new age in Supply Chain
Connectivity.
Major movements in the supply chain management world that will revolutionize
the way businesses compete on a global scale:
In the first revolution, the concept of supply chain, as opposed to logistics, was
put forth. Constraint based optimization tools for the extended supply chains
were developed to support the new philosophy. As this was going on, Lean and
Six Sigma approaches to improving capabilities, not just at the factory level, but
in other internal departments, as well as across the supplier and 3PL base, were
gaining in strength. It took a while, but it was recognized technology was not
enough.
In recent years, the topic of supply chain risk management has emerged and new
processes and ideas have begun to be codified and turned into a distinct
discipline. An emerging topic is supply chain sustainability; and indeed in many
corporate social responsibility reports the topics of both supply chain risk
management and sustainability are addressed.
The new approach: Quick corrective actions designed to rebalance supply and
demand as profitably and quickly as is possible. These corrective actions will be
based on, supply and demand simulation, and the use of social network
collaboration.
The technologies needed to support include: Track and trace based upon a
many-to-many, public cloud architecture that is built with common network
master data. Further, far more types of sensor data will be used to provide
visibility and there will be less reliance on EDI.
Real-Time Inventory Data: Information that was previously created by people
will be increasingly automated and will become machine or system generated.
Human error will go down and efficiencies across the supply chain will go up.
Supply Chain data will flow out of tele-metric networks, sensors, RFID tags, smart
meters, GPS and more.
Inventory with a Voice: The Internet of Things (IoT) is the idea that in which
products and objects are enabled with the ability to transfer data over a network
without requiring human-to-human or human-to-computer interaction. The
“Internet of Things” is a technology revolution that is positioned to change the
very way we interact with the world around us. The supply chain world will also
be impacted.
Optimized Inventory: Supply chains will be much smarter and more intelligent.
Advanced analytics and key performance indicator management will become
the industry standard. Smarter systems will help decision makers evaluate
alternatives at break neck speed, against an incredibly complex and dynamic set
of risks and constraints to make more profitable decisions regarding the future
of their supply chain.
Keyword(s) NA
Title Macro Economic Variables driving Global Success through Indian Stock Markets
Author(s) 1. Kanika Dhingra, Research Scholar, IIFT, Delhi
2. Dr. Sheeba Kapil, Associate Professor, IIFT, Delhi
Contact 1. kdhingra01@gmail.com
2. sheebakapil15@gmail.com
Abstract Movements in the stock market can be moderately unstable and occasionally
movements in share prices can appear resulted as of economic factors.
However, there are definite fundamental factors which have a sturdy control
over the progress of the stock market in common. This research paper is an
effort to observe the association among macroeconomic parameters and stock
market of India. The multivariate regression study helps to recognize the impact
of macroeconomic factors on stock market of India. The explained parameters
in the analysis comprise of BSE Sensex (average monthly closing price) and S&P
Nifty whereas the explanatory factors are Consumer Price Index (CPI), Money
Supply(M3), Wholesale Price Index (WPI), Index of Industrial Production (IIP),
Trade Balance (TB), Gold Price (GP), Call Money Rate (CMR), Exchange rate (ER)
and Foreign Institutional Investment (FII). The statistics used in the analysis is in
the monthly frequency and era of the learning has been measured from April
1992 to December 2016. Essential data are composed from secondary sources.
The major purpose of this research is to learn the impact of particular
Macroeconomic Variables on the progress of BSE Sensex and S&P Nifty.
Pearson’s correlation analysis, Factor Analysis and Multiple Regression test have
been useful to observe the association among stock market and the over
mentioned macroeconomic variables. The Principal Component Technique
consequent by means of varimax rotation extracted three factors considered
impulsively as Macro Environment, Economy rates and Foreign Investment. It
has been found that all parameters play momentous part in influencing the stock
market.
Keyword(s) Stock Market, BSE Sensex, S&P Nifty, Macroeconomic Variables, Share Prices
Abstract Indian aviation sector is developing at a fast rate, the increasing number of
passengers support this, hyper-competitive airlines and development of new
world-class PPP Airports. It is estimated that India will have 436 million air
passenger traffic by 2036(IATA 2017) which will make India higher than Japan
and Germany combined. India's current traffic is 141 million. These statistics do
not provide the actual development of India. The real growth will happen when
we have the development of regional airports. Regional airports will be a
harbinger of prosperity by directly affecting the employment, infrastructure
development and overall economic development.
The government of India has given a major boost to the development of Airports
in India by launching the scheme Udaan ( Udai Desh Ka Aam Nagrik). Under the
scheme, the different airlines, helicopter operators and charter aircraft will be
able to fly to the regional locations. This unique market – based model will award
the airports to the airlines based on competitive bidding through a reverse
bidding mechanism. The government has extended several concessions to the
operator including viability gap funding. The operator will enjoy exclusive rights
on the route for three years after which the route is expected to become self -
sustainable.(“Ude Desh Ka Aam Naagrik : Civil Aviation Ministry’s Regional
Connectivity Scheme ‘UDAN’ Launched Today,” n.d.)
The Airport Authority of India ( AAI) planned to connect 22 airports under
regional connectivity scheme in the first phase. Following are some of the salient
features of the project
Abstract The case-study is called as Abhumka Herbal: A Social Enterprise. It sells both raw
herbs and herbal preparation that are procured from the tribal belts of India.
The enterprise has created a pool of Self Help Groups of tribes. The uniqueness
of the enterprise lies in its’ ability to transform tribal knowledge into herbal
preparations and a vast documented knowledge base. The case focuses on two
dilemmas: the first is a marketing dilemma while the other one is a production
dilemma.
The first dilemma is whether the enterprise should start selling its’ herbal
preparations via physical store/s as well or not, since they have traditionally
been selling them online. The lure of physical retailing cannot be ignored by the
enterprise, considering the number of customers that brings it. However, they
do not have enough funds to open physical retail outlets to compete rigorously
with their competitors such as Himalaya or Patanjali and hence the dilemma.
Another dilemma faced by the company is whether it should opt for a wholly-
owned production unit with a lab facility for testing, calibration, processing of
raw herbs or to outsource the entire production line to some established labs
that have a prior experience of extracting, processing of raw herbs and
producing herbal medicines without hampering the intellectual resource of
tribes, or to collaborate with a well established pharmaceutical company to use
their production facility.
Keyword(s) Abhumika, Social Enterprise, Dilemma
friendly accommodation then such choices of tourists cause less adverse effects
on environment. Hence it becomes important for service providers of hotel
industry to indulge themselves in environment friendly.
Findings: Findings of the study reveal that word of mouth (WOM) significantly
mediates the relationship between attitude towards green hotel and intention
to visit. Attitude & Brand Equity also has a direct significant positive impact on
intention to visit therefore the mediation model is partial mediation model.
Sensitivity analysis of neural network shows attitude towards green hotels to be
the most important variable which affects intention to visit.
Title Cash Flow Management Practices and Its Impact on Perceived Business
Performance with Special Reference to SME’s in Bangalore
Author(s) 1. Dr.C.Sivashanmugam, Professor, Faculty of Management, PES
University, Bangalore-560085
2. Krishna Kumar S, Assistant Professor, Faculty of Management, PES
University, Bangalore-560085
3. Vani.M, Student, Bachelor of Business Administration, PES University,
Bangalore-560085
Contact 1. css2246@gmail.com , sivashanmugam@pes.edu
2. krish.zenith@gmail.com , krishnakumars@pes.edu
3. vani.maheshm@gmail.com
Abstract Purpose – The overall purpose of this study was to analyze Cash Flow
Management Practices and Its Impact on Perceived Business Performance.
Design/methodology/approach – The Conceptual model was developed and
tested by using the Partial Least Squares (PLS) procedure on a data collected
from SMEs in Bangalore that yielded 155 respondents.
Findings – CASHFORE has mediating effect on the FINA→PERBUSPER linkage;
CASHFORE has mediating effect on the OPERA→PERBUSPER linkage; The
significance of indirect effect was not established for INVEST->CASHFORE-
Title Is Head And Shoulders The Answer To The Question Of Prediction Of Indian
Stock Market Crashes?
Author(s) 1. Dr. Varun Sarda, Faculty, Prestige Institute of Management and Research, .
Devi Ahilya University, Indore
2. Dr. Yamini Karmarkar, Reader, IMS, Devi Ahilya University, Indore
3. Dr. Neha Lakhotia Sarda, Entrepreneur, Indore
4. Prof. Sarfaraz Ansari, Faculty, Prestige Institute of Management and
Research, Devi Ahilya University, Indore
Abstract Numerous studies have been done in the field of prediction of financial markets
using chart patterns but still a lot of scope remains in the successful prediction
Title Service Convenience And Its Effect On The Post-Purchase Behaviour Of Online
Buyers: An Empirical Study In E-Retailing Context
Author(s) 1. Sablu Khan, Ph.D. Research Scholar (UGC-SRF), Department of Business
Administration, Aligarh Muslim University
Contact 1. sablumba@gmail.com
Abstract The present study is done to identify the effect of service convenience on the
post-purchase behaviour of the Indian consumers in e-retailing context. A
hypothesised model has been proposed to test the effect of service convenience
on different factors of post-purchase behaviour. Researcher controlled sampling
was used for the responses from the online buyers in India.the exploratory
factor analysis (EFA) and confirmatory factor analysis (CFA) was used to ascertain
the factors and its items. The structural equation modelling was used to test the
hypotheses. The study explores the hypotheses that service convenience,
customer value, trust, customer satisfaction affect customer loyalty. This paper
also finds out different direct and indirect effect of service convenience. This
study concludes with discussion and managerial implications for the e-retailers
in India.
Keyword(s) Service convenience; Customer loyalty; Satisfaction; E-retailer; Trust; India
Title Frail Business Policies Of Indian Railways A Help For Indian Airlines
Author(s) 1. Suman Kundu
2. Mustafa Kanwaswala
Contact 1. kundusuman575@gmail.com
Abstract The transportation system is the heart of any country. Mode of transport has
taken a new dimension in recent years. Especially in India, the transportation
system is a lifeline.In recent years,the demand has been increasing. As a result,
it is expected that around 500 Billion US Dollar of theventure is required in the
following 10 years. The significanceof transportation has expanded in recent
years. Therefore, Indian GDP shows a growth from 2 to 2.5 in the span of 2007-
2011. TheIndian railway network is the fourth largest in the world. Railroads
used to be the essential method of Indian transportation. But since of up degree
in way of life and acquiring power, individuals are moving from the railroad
transportation to aircrafts transportation. Until a few years back, Indian
economy greatly depends upon the railways. Railways were the confided
transportation medium. But, due to the lower price mechanism of Airlines and
speedy life of the consumer, it became the confided medium of transportation.
The strategy of Indian airline system influence them toearn profit but in the
meantime, it causes misfortune for the Railways. Indian Railway Board is most
responsible for this scenario. Due to lack of vision, policies and regulation, R&D,
their wrong strategy pull them in the track of loss. Their administrations are not
as up to the check as the administrations gave by the Airlines.They confront
enormous losses. Be that as it may, Airlines are not exclusively in charge of this.
They just came up with new strategies and services for engaging the customers.
The airlines started to provide world-class facilities with reasonable fares for
targeting new customers. Also, they looked at the factors which affected the
buying decision in transportation sectors like buying parity, distance, ticket
booking medium, the policies, and regulations. The airlines took up these factors
and made these factors customer-friendly which gave the consumers a shift
from Railways to Airlines. In addition, time is one of the real imperatives which
caused this move. In 2012-13 there were 8421 million passengers with Railways
but in 2013-14 the figure falls to 8397 million. This delineates the decline of a
traveler of 0.3 % throughout the year.Indian Railways had a few holes in their
procedure which was capitalized via Airline. It utilized these gaps and attracted
customers. So, we can conclude that the factors which are responsible for the
loss of Indian railway system are the same factors responsible for the profit of
Indian Airlines
Keyword(s) R&D, Policies, Vision, GDP, Price Mechanism
For sustainable framework of Brand Identity, the paper make an attempt for
strategic alternative for firms. Hence the objective of this research is to cull out
The methodology for this research is quantitative, the method taken is survey
hypotheses. Structural Equation Modelling was used for analysis with SPSS v.22
and culture of the brand identity, whereas indirect effect on other Brand
brand identity.
Title Sustainability Marketing through Social Media: A Conceptual Model and Future
Research Directions
Author(s) 1. Dr. Abdullah, Research Scholar, Department of Management Studies,
JamiaHamdard, New Delhi
2. Dr. Sadaf Siraj, Assistant Professor, Department of Management Studies,
JamiaHamdard, New Delhi
Contact 1. sirajsadaf@gmail.com
Abstract NA
Keyword(s) NA
Title Ground Level Water And Sustainability In Rural Rajasthan: Sink Or Swim
Author(s) 1. Shahin Khan, PhD scholar
Contact 1. shahinkhanks@gmail.com
Abstract If sustainable development is to mean anything, such development must be
based on an appropriate understanding of the environment - an environment
where knowledge of water resources is basic to virtually all endeavours” (Report
on water assessment, WMO/ UNESCO, 1991.) Approximately 25% of the earth’s
total fresh water supply is stored as ground water. It is vital to public health,
environment and economy. Rural population supply their own drinking water
from domestic wells. Sometimes excessive use of ground water has led to
question regarding its sustainability. Ground water depletion is a pervasive
problem especially in the desertic state of Rajasthan. Domestic sewage, use of
fertilizers, pesticides, and waste discharge has impact on ground water
sustainability. Unregulated groundwater use leads to the “tragedy of Commons”
so government have to play a key role for sustainable management of quantity
and quality of ground level water.
Keyword(s) tragedy of commons, sustainability, ground level water.
Title Empirical study on the impact of bank-specific factors on the liquidity risk &
credit risk: Evidence from India
Author(s) 1. Gurpreet Kaur*Assistant Professor and Research Scholar Chitkara Business
School
2. Dr. Renuka Sharma, Professor Chitkara Business School
Contact 1. gurpreet.kaur@chitkara.edu.in
Abstract Sustained financial position of the banking industry is of paramount importance
for the smooth functioning of economy. The failure of the banking industry to
manage its financial soundness will result into increased default risk. Ever since
the failure of Lehman brothers in 2008 the Indian economy being a developing
economy is exposed to various types of systematic and unsystematic risks, of
which liquidity risk and credit risk are major default risk leading to the downfall
in the economy. Indeed the Global financial turmoil was a result of failure of
banks to maintain liquidity and credit position. . The literature review and Basel
3 reveals that an empirical study needs to be conducted so as to ensure joint
management of liquidity risk and credit risk. The present paper is an attempt by
the researchers to investigate on the causes of bank fragility& formulationof
joint management of default risk that is liquidity risk and credit risk taking into
consideration the bank specific factors so as to ensure bank stability. Panel data
regression model will be applied on the sample of Indian commercial banks for
a duration of ten years from 2006-2016. The study will be helpful for the policy
makers, bankers for the attainment of strong financial soundness in the
economy and further ensuring optimization of liquidity in the banks and reduce
the exposure to the credit risk.
Keyword(s) Bank Specific factors, liquidity risk, credit risk, financial turmoil.
Contact 1. prashant_kumar015@yahoo.com
Abstract The modern day working environ includes the dynamics of both men and women as
working professionals. As the new empowered woman contributes equitably in the
workplace, away from the four walls of her home, has she shifted her chore of
shopping to the convenience of online purchasing? Have men latched-on to the new
fad with equal measure, riding the awareness and skills of internet usage? The massive
strides of Internet and technology touch all. The fast pace of life, preoccupation with
work, commuting woes, balancing work and home, all impacts the shopping habits of
individuals. Are Men and Women responding differently to the phenomenon? What
are the challenges that still define their attitudes and habits? The research paper
envisages how effective the online stores are for both men and women working in a
bank. The paper aims to make a comparative analytics of the shopping attitudes and
challenges faced. The study is descriptive in nature. Data has been collected from
primary source with the help of questionnaire and interviews. The sample of the study
was the working women of banks. The data so collected was analyzed using statistical
tool with the help of SPSS and MS Excel. The results & findings have been stated based
on analytical findings. The references have been written in APA style.
Keyword(s) Working Professionals, Bank, Online Shopping
Title The Role of Agricultural Diversification and Non Farm Areas to The Economic
Development of Rural Economy In India
Author(s) 1. Gajendra Kumar, Research Scholar, Department of Commerce (Accounts &
Law), Seth Phool Chand Bagla (P.G.) College, Hathras
2. Dr. Rajesh Kumar, Supervisor and Associate Professor, Department of
Commerce (Accounts & Law), Seth Phool Chand Bagla (P.G.) College,
Hathras
Contact 1. gajendrasun@gmail.com
Abstract Economic sustainability requires the development of rural areas which
sequentially leads to economic development. India is predominantly a rural
country with two third populations and 70 % workforce residing in rural areas.
Rural economy constitutes 46 % of national income. Despite the rise of
urbanisation more than half of India’s populations is projected to be rural by
2050. The major thrust of the present paper is to analyse the growth
performance of agriculture which is the backbone of the Indian economy and
non farms areas is very important role to the economic development of rural
economy. Diversification towards new areas is necessary not only to reduce the
risk from agriculture sector but also to provide productive sustainable livelihood
options to rural people. Diversification of crop production and productive
activities are two aspects of diversification. Diversification in productive
activities is discussed with a view to identifying options of sustainable livelihood
in rural areas. And non farm areas are animal husbandry, fisheries, horticulture,
cottage and household industry etc.
Keyword(s) Not available
Abstract Purpose- The purpose of this study is to closely examine the evidence of
divorce/decoupling in economic growth and environmental degradation in some
depth experience of OECD member countries.
Methodology- In order to analyze these aspectsand to explore the comparative
research this study using available statistical data of OECD. The study employ
DPSIR methods outlined by the OECD in its report entitled, Indicators to measure
divorce in environmental pressure from economic growth, to analyze some
environmental pressure/degradation indicators like; (i) population growth, (ii)
energy production, (iii) GHG emission, (iv) CO2 emission (v) SOx emission, (vi) NOx
emission (vii) water abstraction (viii) waste, with economic indicator i.e. nominal
and per capita GDP.
Findings- Result indicate that from all selected indicator, some of them shown
relative evidence of divorce/ decoupling instead of absolute. This means that the
environmental pressure still increase, albeit at a lower rate than economics
performance.
Suggestion- Further this study suggested, the presence of decoupling is not an
indication for sustainable economic development. To get sufficient decoupling
for sustainable development in OECD countries, implementation of strong
government policy and control on the dependence on fossil fuels, population
growth, poverty and political corruption are required.
did not feel much pressure when BRR reporting was made compulsory.
However, this simple framework of the BRR comes across as lacking in certain
aspects, primarily the impact analysis of the work done by the reporting
organizations, something that is one of the key features of the DJSI and the
reason behind it being highly regarded. BRR does not seek any information
about the description of the tasks undertaken by the organization in order to
meet the guidelines. The report does not talk about any expenditures that the
institution might have incurred in order to abide by the reporting framework and
any projects that they might have started. Basically, the report is unable to
capture the interest of any of the sectors of stakeholders that it tries to reach.
As for Global Reporting Initiative (GRI), the reporting framework is quite vast,
consisting of a lot of information about all the initiatives taken by the institution
with a proper description of every project providing a comprehensive outlook to
reporting. However, the report still lacked the expenditures in each of the
projects and the analysis of the impact that those projects had. The institutions
list down the projects but are not able to mention how society, environment or
shareholders benefited from them. Also, GRI reports led to a lot of extra
information being put down by the companies which was not required. The Dow
Jones Sustainability Index (DJSI), which is considered to be the most coveted
reporting framework across the world, seems to address most points that the
above two guidelines do not. The reporting institutions clearly mention the
impacts of all their projects numerical figures, monetary terms or qualitative
proofs. Further, a lot of unnecessary information in GRI, is not listed by the
institutions following DJSI. Another important factor that makes the DJSI
framework most sought after is that it has a sector wise and region wise
separated index. GRI has come up with a sector wise index but that has not
proved to be effective while BRR is same for all sectors in the country. The
problem with adopting DJSI, as mentioned above, is that it is required to abide
by its stringent guidelines on the metrics to measure the impact of initiatives
under the ESG principle. This makes it undesirable in the Indian context because
a lot of Indian organizations have just started reporting, which has only recently
been made mandatory. As a starting point, it is essential that the Indian financial
institutions are asked to report under guidelines that are not so rigid, and then
the step by step transition can be made to more effective reporting. Also, even
though it is region specific, DJSI has an index for Asian region but nothing specific
to India or the subcontinent and it is highly likely that the diversity and
legislations in India make it quite different from rest of Asia. Thus, an attempt to
resolve this dissonance between banking sector’s willingness to participate in
sustainable development and the mandatory reporting guideline in India, is
needed.
Essential stakeholder groups and their expectations have been identified. To
assess the priority to be accorded to each action or initiative that needs to be
taken, the stakeholder power-interest matrix theory has been used. Then, the
stakeholders (categorised into dominants, latents, marginals and observers)
have been mapped to the Environment-Social-Governance principle to identify
which stakeholder group is affected the most by which action and initiative.
This principle is applied in creating a new, comprehensive and collaborative
report – specialised for the banking sector, and will fulfil the basic requirements
of the BRR, as well as match up to international standards of reporting. The
report tries to incorporate the basic assessment tools from the three standards.
The report aims at being concise,by focussing on providing a balanced mix of
Title Linkage Between Csr And Employees Work Engagement: Mediating Effect Of
Organizational Trust
Author(s) 1. Dr. Pooja Mehta, Assistant Professor, I.K. Gujral Punjab
Technical,University, Kapurthala.
Title An Event Study On Sustainable Paradigm Shift In Returns Of The National Stock
Market Of India - Bse
Author(s) 1. Dr.Silky Vigg Kushwah, Associate Professor, New Delhi Institute of
Management
2. Dr. Garima Mathur Associate Professor, Prestige Institute of Management,
Gwalior
Contact 1. dr.silkyviggkushwah@gmail.com
Abstract Indian financial markets have shown sustainable growth since liberalization,
privatization and globalization. As the market conditions are rapidly changing,
regular research work has been conducted to understand the impact of
economic and non-economic events on the shares listed on various stock
exchanges in different countries. This study took into consideration the effect of
Budget announcements on the BSE Sensex. To study the effect, paired sample
T-Test has been applied on the log returns of the BSE Sensex for a period of 1
month, followed by the period of one week and finally the effect of the event 1
day before and after it. This allows one to understand whether the event in
concern had an effect on the stock prices or not. The findings depicted that
events taken into consideration have no effect on the returns of the BSE
Sensex/stock in concern for 1 month, 1 week and even 1 day windows. These
results prove the efficiency of BSE to the extent of quick adjustment of any event
happening in the market. These results are particularly important for the retail
investors as it will help them decide whether to sell or purchase shares during
the time of budget announcements.
Keyword(s) Not available
Title Financial Inclusion Through Kiosk Based Banking Services: A Study Based On
Business Correspondent Models In The State Of Kerala
Author(s) 1. Muhammed Shafi M.K ,School of Management, Institute of Technology,
Warangal
2. Dr. M. Ravindar Reddy, School of Management, Institute of Technology,
Warangal
Contact 1. shafimk@student.nitw.ac.in
Abstract Due to the emergence of financial technology (Fintech) and digitalization of
financial services, the mobility of banking services are diversified with kiosk
banking, which is implemented to ensure the delivery of banking services at an
affordable cost so as to sort out the supply side issues of financial services, which
still remain unabridged. Presently, Kiosk banking renders are working as
business correspondents (BCs), they act as an agent of banks to work as bricks
and motor branches. These outlets provide ICT (Information and communication
Technology) access under kiosk banking for the basic banking services. Further,
Government of India and RBI recognize Microfinance Institutions (MFIs) to work
Title App-Based Ride Sharing Adoption Behaviour Of The Service Class Commuters:
An Extended Tam Approach
Author(s) 1. Dr. Piali Haldar Assistant Professor School of Business Sharda University
2. Dr. Pooja Goel (Corresponding Author) Assistant Professor Shaheed Bhagat
Singh College University of Delhi
Contact 1. pialihaldar@gmail.com
Abstract Purpose – The purpose of the present study is to identify the antecedents of the
attitude in using app-based ride sharing in an Indian context. The basic TAM
model in extended form has been examined for studying the impact of the
various factors on attitude formation and behavioral intention to use the ride
sharing apps. Design/methodology/approach – Reliability and validity of the
constructs were tested by using SPSS & AMOS 21. A total sample of 345
respondents was collected from Delhi-NCR region who have behavioral
intention in using ride sharing apps. Findings- The study established that social
influence and concern for environment are the prime factors for people in
making positive attitude towards using ride sharing apps. The research also
suggests that perceived ease of use is not significant factor towards adopting
app-based ride sharing among masses. Research limitation/implication- App-
based ride sharing providers can use social media platform which may help in
instilling confidence regarding ride sharing apps among masses. Results of the
study can also be used by the Government and local authorities for framing the
transport policies to promote sustainable mobility. Perceived security as an
antecedent of ride sharing apps can be examined in future studies.
Originality/Value- This study contributes to the existing body of literature by
proposing three additional factors that is social influence, concern for
environment, and perceived economic benefits in addition to the existing
perceived usefulness as the antecedents of ride sharing apps adoption behavior
Keyword(s) App-based Ridesharing, TAM, Attitude to Use, Behavioral Intention
ability of future generations to meet their own needs” (U. N. General Assembly,
1987, p.43). With the passage of time men has over exploited the natural
resources for his necessary and unnecessary need which has resulted into
various natural calamities causing millions of casualty and injuries. The key
dimensions of sustainable development are socio-economic and environmental
issues into every part of decision making (Dernbach J. C., 2003; Stoddart, 2011).
The concept of empowerment can be summarized as a “multi-dimensional social
process that helps people gain control over their own lives. It is a process that
fosters power (that is, the capacity to implement) in people, for use in their own
lives, their communities, and in their society, by acting on issues that they define
as important” (Page & Czuba, 1999). To sum up, empowerment of women
cannot be materialized until women bring awareness for self-empowerment.
Therefore, there is a requirement to draft a formula to reduce women poverty
by way of launching an awareness program for women education. Moreover,
preventing them and work for elimination of various types of violence practiced
against women community.
Keyword(s) Not available
the purpose of this study. The study also ascertains the difficulties MSMEs
encounter in accessing these financing sources. This study also assesses the
supporting commercial finance provided to the MSME institutions. The study
addresses the various challenges faced by the MSMEs in context to initiating a
business. The results of the study reveal unawareness of the various financing
initiatives among MSMEs. Most of the schemes are seeming as difficult to
access. A number of specific action areas have been identified for taking the
initiative of public policy for small business finance in India.
Keyword(s) Financing initiatives, MSMEs, challenges, policies, India.
Title Too Much Is Sometimes Too Much: The Curvilinear Analysis On Educational
Sustainability.
Authors(s) 1. Anugamini Priya Srivastava
2. Shalini Srivastava
Contact 1. anugaminipriyasrivastava@sibmpune.edu.in
Abstract The management, teachers and staff of this system comprise the base for the
sustainability of higher educational institution in the long run (Holm, et al.,
2015). In this line, a few scholars have provided ways to assimilate sustainable
development of higher education (Piga, et al., 2014). Though in practical terms,
the institutions continue to be conventional in their thought process. They rely
on Newtonian reductionist and Cartesian mechanistic paradigms (Cleveland,
2018). Due to this, the institutions fail to ensure the need of the present and
future generations and thus, lag behind in developing a curriculum which can
assure sustainability of educational institutions (Velazquez, et al., 2006).
Therefore, there was a need realised to develop an environment of optimism in
the institution. The stakeholders were supposed to be optimistic and
empowered, to facilitate the ‘golden thread’ of sustainable development in their
institutions. This shift enabled professional academicians to have better
understanding of the concept of sustainable development and encouraged them
to educate students of all ages on how to implement effective shift to
sustainable societal patterns (Holm,et al., 2016). Optimism plays a great role in
stimulating organisational sustainable development. However, too much of
optimism can also have negative repercussions (Comm, &Mathaisel, 2003). Too
much of optimism among institutional stakeholders can raise their bar for
patience and tolerance. But in the long run, it may cause disappointment among
them (Lam, et al., 2014). Therefore, the current study attempts to evaluate the
relationship of academic optimism with educational sustainability through
intervening role of extra role behaviour and training comprehensiveness.
Keyword(s) Not available
world are working to understand the basic needs and motivating factors that
help to retain and manage the scarce talent in the field of health care. Further
the success of health system depends on attractive human resource strategies.
The objective of this study is to examine the HR strategies for retention of
manpower in health sector and also to improve quality of health services. In
total, 450 sample questionnaires provided complete information. The findings
showed that most health care organizations implemented different HR practices
to retain employees. Factor analysis tool has been applied for reduction of
factors. Anova technique has been applied to examine difference in HR
strategies across various types of hospitals (Private, Public). Therefore it is
concluded that there exists a difference among all HR strategic areas of Public
, Private and other hospitals as the significance level stand to be .000 which is
less than 5% of significance level.
Keyword(s) HR Strategies, healthcare sector, retention of manpower, quality of health
services, sustainability
Contact 1. artistudent2010@gmail.com
2. ambalika_sinha@mnnit.ac.in
Abstract Sustainable development is thechallenge for today. It can only be ensured
through sustainable manufacturing and sustainable consumption. From many
years, the sustainable production has been encouraged and more emphasis has
been given on the research in this concern. Policy makers assume implicitly that
the evident increasing ‘green’ ethics of consumers would also necessitate a
risingsustainable consumption. But, it has been found that the actual purchasing
behaviour often differs from ‘green’ behaviour.This phenomenon is termed as
attitude-behaviour gap. In present scenario, consumer lifestyle is creating so
many environmental problems to our habitat. It is time to act seriously upon it.
People are actively trying to minimizetheir influence on the environment.
However, this is limited and it is still budding.A great step can be taken for
achieving sustainable development by making changes in consumer attitude
towards using environment friendly product rather than using cheap but
harmful products to our environment. The study tries to investigate the factors
which affect the consumer attitude and behaviour towards consumption of
sustainable productsin India and it also seeks to explore the consumer’s
intentions to pay more for environmental friendly products. The study tries to
find out the barriers which affect the purchasing behaviour of the consumers.
The study also suggests the effective strategies to modify the consumer
behaviour towards environment friendly products. The paper is conceptual in
nature. For study purpose, various research papers, articles and online articles
are used.
Keyword(s) Sustainable development, Green ethics, Environment, Motivators, Barriers.
Title An Economic Analysis of False Alarms and No Fault Found Events in an Aircraft
Fuel System
Authors(s) 1. Vipin Prakash Singh, EFPM Student
the impact of Digital India in empowering rural India, its challenges and what
other initiatives can be taken in it to make it more effective so that urban-rural
digital divide may be filled and our villages may also develop and reap the
benefits of digital revolution that is taking place all around the world
Keyword(s) Digital India, Rural India, Empowerment, Digital, Knowledge Economy
Title A Study Of Consumer Behavior Towards Green Hotels
Authors(s) 1. Prof. Anil Mehta
2. Dr. Smita Sharma
Contact Not Available
Abstract Recognizing the seriousness of ecological problems, people have become
increasingly environmentally conscious. The primary objective of this study is
to analyze customer perception towards green hotels and to identify the
variables responsible for this perception. The green consumer behavior model
developed by Arminda et.al.(2013)was used for the purpose of the study.
According to this model the variables affecting green consumer behavior are
Man-Nature orientation (MNO),Generativity(GEN),Environmental
Attitudes(EC),Conservation Behavior(CB) and Environment Friendly Buying
Behavior(BB). . Survey method was used for the purpose of study and random
method of sampling was used. The correlation between conservation behavior
and buying behavior was towards the higher end(.785).It was found that
environmental attitudes and conservation behavior was also positively
correlated (.678) and between conservation behavior and environmental
attitude a high positive correlation (.604) was found. Correlation between man
nature orientation and buying behavior was moderate(.480) and between
generativity and buying behavior was also moderate(.466).A low positive
correlation was found between generativity and conservation behavior(.280).A
moderate correlation was found between man nature orientation and
generativity(.473) and between environmental attitude and generativity(.582).
The Model Summary gives the R values (.837) for assessing the overall fit of the
model. The adjusted R Square value is .701.This tells us that the independent
variables account for 70.1% variance in the dependent variable-
Environmentally Buying Behavior. The study thus conveys that
environmentally conscious attitude of consumers could be effectively analyzed
by hoteliers and can be used to improve their services.
Keyword(s) Environmentally conscious Consumer behavior, environmental attitude,
generativity
Title Does Political Decisions and Media News affect Medical Tourism? An
Exploratory Study in West Bengal
Authors(s) 1. Rabin Mazumder, Associate Professor of Economics, Department of Business
Management, Institute of Engineering & Management.
Abstract The goal of our project is to study the effect of growing rural economy with
sustainable environment. Taking Agriculture as the basis of the study owed to
its predominant contribution to the rural economy of India. Thereby,
evaluating the role of traditional agriculture practices and it's a hazardous
imprint on the environment.This starts by making the farmers aware of the
traditional practices which are most commonly used that is ‘ slash and burn’
which is widely used method of growing food in which wild or forested land is
clear cut and any remaining vegetation burned, the burning ;then, leads to a
host amount of air pollution and Mono-cropping which is a practice of growing
a single crop year after year on the same land, in the absence of rotation
through other crops or growing multiple crops on the same land (polyculture),
some examples of the crops used are Corn, soybean, and wheat which are
often grown using monocropping techniques. This leads to a well-known
concern which is that pesticides and fertilisers seep into the soil and
groundwater from extensive mono-cropped acreage which adds to water
pollution. Survey taken out to point the obstacles owning to the slow growth of
agriculture in rural economy. This can be attributed to an inefficient rural
transport system, lack of awareness about the treatment of crops, limited
access to modern farming technology and the shrinking agricultural land due to
urbanization. Addition to that, an increase in migration to urban areas due to
non-availability of permanent income jobs, proper health and education
infrastructure, no entertainment option and in short to increase each’s
standard of living. This calls for a series of changes in policies available to the
agricultural society of our country. The solution can be to increase the available
land for cultivation to farmers which would enable them to increase their
returns but also to opt for dairy farming while continuing commercial farming.
This will not only ensure better prospects for an increase in income but would
also help the economy grow at a faster pace with the investment giving a boost
to the economy. Addition to the above, the need to practice agroforestry
wherein trees and crops are planted together. While, herein trees generate
long term wealth and crops ensure Zero cost (and perhaps profitable)
operations. The efficiency of production can be increased only by technological
up-gradation which would benefit the farmers by consuming less time thus
raising their productivity. Accordingly, technology like drip tape irrigation for
vegetable and fruit farmers provide irrigation pipes with holes that are laid
along the ground reducing evaporation and use less water than a traditional
flood or sprinkler irrigation. The infusion of technology can be looked at a
potential to increase the growth of the rural economy (analyzing Solow and
Romer Growth Models).1 According, to the growth models only technological
progress can explain sustained growth and persistently rising living standards.
For the latter purpose, there is a high requirement of government and private
bodies to take up investments which mobilise sustainable environment ,thus,
making investment an injection to the economy. Then, critically reviewing the
empirical findings of the Environmental Kuznets Curve literature, according to
which an inverted U-relationship between environmental degradation and
economic growth is observed so that with economic growth . With, continuous
deployment of natural resources it is 2 necessary to start today to make Indian
farms smart with the use of data and technology to become faster, more
efficient, more nimble, more equipped to protect our planet’s resources while
still growing and producing the world’s very best food supply. That’s the very
definition of continual growth or sustainability
Keyword(s) Agriculture, Traditional practices, Government Intervention, Investment,
Technological up-gradation, Sustainable Economic Growth
growing network with wireless and cloud computing services; more things are
now connected on cloud with the help of Internet.
According to Cisco, there will be 50 billion devices connected to the Internet by
2020. Companies would like to mine this data to get insightful data about
customer behavior to segment their markets and target their campaigns more
effectively(Wilson, 2017).
Several decades ago, the modification of Internet of Things to consumers'
needs was one of the most popular future visions. Therefore, the development
of internet of things in the market, primarily, affects new business decisions
that include consumers and the meeting of their needs. In addition,
contemporary surveys are conducted for consumers, and economic indicators
are measured. Psychologists improve the emotional state of consumers and
the factors influencing their behavior. Businesses are not only interested in
ways to prove their position in the market, but they also want to recognize and
assess customer needs and factors that encourage consumption. The objective
of this paper is to distinguish the factors influencing the decision of consumers
to use the IoT. This study relied on the analysis of scientific literature as well as
survey in order to determine factors that affect adaption of IoT and its impact
on consumer behavior. Scientific studies that are focused on changes in
consumption and consumer behavior are analyzed in this article. In this paper,
the theoretical aspects of consumer awareness and trends toward IoT were
highlighted. In addition, the main results of the survey are presented, which
reveal the perspective of the target group towards adopting innovation and
the main factors influencing the decision to use IoT. Also, there is not enough
information on how to successfully implement Internet things, leaving
researchers with many doubts about its benefits, adhering to basic principles
and doing the right things is the best way forward.
Keyword(s)
Contact 1. aroraddm@gmail.com
2. jasveenkaurgndu@gmail.com
3. gitika15@hotmail.com
Abstract Purpose: The aim of this paper is to consider the Corporate Social
Responsibility (CSR) activities of companies under the visibility parameter of
strategic CSR. This helps to provide information on various ways being used by
companies on highlighting their CSR activities and motivate other companies to
build a culture of CSR.
Design/methodology/approach: The paper is exploratory and descriptive in
nature. The approach employed to show the visibility parameter described in
this paper is a qualitative analysis of the websites, sustainability reports and
annual reports of companies available within public domain for three years
Title Need For Sustainable Development In Policy Making For Job satisfaction Level
Of Lecturers Working In Universities And colleges – A Comparative Study
Authors(s) 1. Dr. Anuj Williams, LBS College, Kota.
Contact 1. anujwilliams@rocketmail.com
Abstract The profession of teaching is one of most stressful profession in all over the
world. One of the most pressing problem facing organizations today is how to
motivate lecturers to work more productively and to increase their feelings of
satisfaction, involvement, and commitment. All around us we see examples of
shoddy and imperfect work in products.Lecturers play a key role in the social
transformation agenda. This agentic position of the lecturers implicates an
agenda for sustainability programmes that position them for this complex
responsibility. A qualitative case study research design was employed to obtain
the perspectives of lecturers on need of Sustainable Development to improve
Job Satisfaction Level of Lecturers working in higher education in India. The
researchers followed a semi-structured interview approach to explore lecturer’s
broader understanding on causes of job dissatisfaction among them. Data was
interpreted through the narrative analysis model. Results indicate that a lack of
resources, exploitation by private management, under salary, outdated
enrichment policy and lack of modern teaching aids were serious sources of
dissatisfaction among lecturers. Administrative issues, lack of recognition by
principals also caused dissatisfaction among teachers in this study. It was also
indicative that job dissatisfaction caused disengagement of some lecturers with
a consequent lack of focus on professional activities and being negative in their
job. The study concludes that lecturer’s satisfaction is germane for the
sustainability of social transformation.The aim of current study was to examine
the need of Sustainable Development in policy making to know the job
satisfaction level of lecturers working in Government and private universities &
Colleges in Rajasthan indicating and Highlighting Scenario of India
Keyword(s) Job Satisfaction Sustainable Development, Policy For Higher Education
Title Examining a Causal Relationship between Dubai Oman Average Crude Oil Price
and some Macroeconomic Factors
Authors(s) 1. Dr. Hem Chandra Kothari, Assistant Professor, Faculty of Commerce
and Business Management, Amrapali Group of Institutes, Haldwani,
Uttarakhand, India.
2. Mr. Vineet Pathak, Assistant Professor, Faculty of Commerce and
Business Management, Amrapali Group of Institutes, Haldwani,
Uttarakhand, India.
Contact 1. hckothari33@gmail.com
2. vntpathak@gmail.com
Abstract Most of the Asian countries are fulfilling their demand for crude oil by importing
it on average of Dubai and Oman. It becomes interesting to investigate on the
macroeconomic variables showing the relationship and also to investigate on
the effect of these variables on average of Dubai and Oman. The present study
has undergone to examine such relationship and effect of one macroeconomic
variable on others. Study is based on secondary data collected from eia.gov
(Energy Information Administration (EIA) a Official Energy Statistics from the
U.S. Government), gold.org (Official website of The World Gold Council which is
the market development organisation for the gold industry), and fxtop.com (a
website where we can convert one currency with other) for the study period of
11years from April 2005 to March 2016. Total five variables have been taken in
the study namely; Dubai Oman Average price of crude oil, WTI, Brent, Rupee-
Dollar Exchange Rate and Gold Price. Study has found a bi-directional causality
between Dubai & Oman average crude oil price and Brent as well as gold price
and exchange rate. Some other causal relationship has also been confirmed.
Keyword(s) Macroeconomic Variable, ADF Unit Root Test, Johanson’s Cointegration, VAR
Granger’s Causality/Block Exogeniety Wald Test
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