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Full-Text Articles in Social and Behavioral Sciences

Economic Effects Of Pandemic On Us And Indian Economies With Policy Actions In 2019-2023: A Comparative Analysis, Kishore Kukarni Dr., Amitabh S. Dutta Feb 2024

Economic Effects Of Pandemic On Us And Indian Economies With Policy Actions In 2019-2023: A Comparative Analysis, Kishore Kukarni Dr., Amitabh S. Dutta

International Review of Business and Economics

COVID 19 pandemic that started in February/March 2019, with happenings in Yuwan, China spread like a wildfire all over the world. All countries faced one of the worst economic challenges in recent centuries if not ever in the history of the mankind. Early predications were so severe and devastating that some forecasters predicted a death-toll of 100 million all over the world, as the virus was not only spreading fast but also had no solution for its serious fatal effects. It was evident that the patients were dying before getting any effective treatments and many of them were elderly individuals. …


Selecting A Measurement System: Using Measurement System Potential Approval Criteria, Karl D. Majeske Feb 2024

Selecting A Measurement System: Using Measurement System Potential Approval Criteria, Karl D. Majeske

International Review of Business and Economics

This paper presents the results of a manufacturer’s quest to identify a measuring strategy during process development. Standard Measurement Systems Analysis (MSA) criteria provide a common framework to evaluate a gauge’s ability to produce data that fairly represents the quality characteristics that describe a part’s fitness for use. Here, MSA criteria, as well as hypothesis tests of precision and bias, are used to compare to two alternative measurement systems. Ultimately, to compare the two systems, measures of MSA criteria are developed that reflect the potential the criteria could reach by eliminating operator-to-operator gauge error.


Misgivings In Measuring Happiness, Sudhanva Char Feb 2024

Misgivings In Measuring Happiness, Sudhanva Char

International Review of Business and Economics

According to a resolution of the UN General Assembly (Resolution 66/281), March 20th is observed annually as International Day of Happiness. A nation’s overall success is measured by people’s happiness, the litmus test. The World Happiness Report (WHR) states there is consensus about measuring happiness, whereas, happiness is idiosyncratic and its connotation differs from culture to culture, language to language, and even person to person. Personal ‘space’ in all spheres matters, and so do democracy or dictatorship, all factors leading to mismeasures of happiness scores. And so, there are paradoxes in happiness rankings in WHR. Economists have yet to …


The Environmental Contingencies, Capital Structure And Firm Performance Of Listed Firms, Sunday Amos Adeusi Dr, Oluwabunmi Akindele Olawaye Jan 2023

The Environmental Contingencies, Capital Structure And Firm Performance Of Listed Firms, Sunday Amos Adeusi Dr, Oluwabunmi Akindele Olawaye

International Review of Business and Economics

Going concerns of business empires is predicated on the externality effect of environmental contingencies that influence the decisions of capital users. And the capability of capital users to circumnavigate both macro and micro environmental contingencies which cumulate to shareholders’ wealth maximization is crucial. Hence, the study aims of dissecting effect of macro and micro environmental contingences on the capital structure and firm performance. Generalized Method Moment (GMM) statistical tool is used to dissect perceived association amidst endogenous and exogenous variables. The results show that micro contingences such debt to equity, debt to assets and short-term liability have negative and statistically …


Are Debt-Holders Effective Monitoring Agents In Strategic Alliance Formations?, Malika Chaudhuri, Jay J. Janney Jan 2023

Are Debt-Holders Effective Monitoring Agents In Strategic Alliance Formations?, Malika Chaudhuri, Jay J. Janney

International Review of Business and Economics

When undertaking strategic alliances, managers face a fundamental choice to pursue alliances that allow them to exploit the value of current firm assets or alliances that allow them to explore new trajectories for the firm. To answer this question, we tested our proposed theoretical framework using 652 US-based publicly traded pharmaceutical firms between 1990 and 2012. Findings suggest that exploitation alliances have higher impact on firm performance in the short and long run than exploration alliances. Consistent with the debt overhang problem presented by Myers (1977), our findings confirm that high-leverage firms have a higher inclination toward exploitation alliance formations …


Prevalence Of Duesenberry’S Relative Income Hypothesis In Nepalese Economy, Rajendra Adhikari Jun 2022

Prevalence Of Duesenberry’S Relative Income Hypothesis In Nepalese Economy, Rajendra Adhikari

International Review of Business and Economics

Present paper examines the prevalence of Duesenberry’s relative income hypothesis in Nepalese economy during 1974/75-2019/20 through ARDL bound tests under DEF and Davis-SK specifications. The ARDL under DEF specification is found to be not valid. However, the ARDL bound test under Davis-SK specification is found valid. There exists cointegration among average propensity to consume, demonstration effect and ratchet effect. The coefficient of demonstration effect is found to be negative and that of ratchet effect to be positive as reported by ARDL models. The error correction model also implies that short run shocks significantly affect long run relations among the variables. …


Gaining A Better Understanding Of Higher Education: During And Post-Pandemic Scenario, Krati Sethi, Manas Roy Jun 2022

Gaining A Better Understanding Of Higher Education: During And Post-Pandemic Scenario, Krati Sethi, Manas Roy

International Review of Business and Economics

Because of the coronavirus epidemic, faculty as well as the students have had to respond to “out of the ordinary” difficulty by quickly switching from traditional class - room education to online learning forms via “virtual classrooms”. Students facing challenges and continuing facing difficulties for various reasons required to adapt this modification in this delivery of curriculum becoming un attentive. Few solutions have been developed for students to assist them in freely transferring to virtual classrooms and maintaining proper online learning etiquette. A series of recommendations is offered in the present study to help students so that they can explore …


Reskilling And Upskilling : To Stay Relevant In Today’S Industry, Rhea Sawant, Bryan Thomas, Swati Kadlag Jun 2022

Reskilling And Upskilling : To Stay Relevant In Today’S Industry, Rhea Sawant, Bryan Thomas, Swati Kadlag

International Review of Business and Economics

The rapid modernization and influx of various new technologies and methodologies currently being employed today greatly and continuously changes the definition of professional competence expected of employees that work for companies that are directly or indirectly impacted because of these advancements or changes, this creates a demand for new jobs requiring new skill sets and so, one finds that in order to keep relevant to the workforce, refreshing and adding to one’s skill set has become a necessity. Candidates thinking about entering the job market need to possess the right kind of skills for the right kind of job and …


Can Blended Learning Address Indian Academic Issues?, Vijay Joshi, Sukanta K. Baral Jun 2022

Can Blended Learning Address Indian Academic Issues?, Vijay Joshi, Sukanta K. Baral

International Review of Business and Economics

Over the years, India has implemented social reforms aimed at providing education to all. This is observed from the growth in GER (Gross Enrollment Ratio) over the years that has resulted in a decrease in the number of students absent in schools. Coronavirus, nonetheless, has disturbed this scenario and is testing the functions, efficiencies, and practices of India's schooling framework. This research paper, written for stakeholders in government, and the education sector, anticipate the extent to which there is a need of continuing the imparting of education. The main objective of this paper is to provide an overview of the …


Would An India-Us Trade Agreement Be Beneficial For India?, Neetu Kaushik, Niloufer Sohrabji Jan 2022

Would An India-Us Trade Agreement Be Beneficial For India?, Neetu Kaushik, Niloufer Sohrabji

International Review of Business and Economics

This paper examines the potential impact of an India-U.S. FTA on India’s trade. We use two approaches to estimate trade effects, compound annual growth analysis and Gravity model estimation. Our sample spans the period from 1992 to 2019 and consists of seven bilateral trade agreements and three multilateral trade agreements which include 24 countries as our treatment group. In both cases we compare the impact on India’s trade following a trade agreement with a control group which we create by including those countries whose trade share exceeds one percent of India’s total trade (in 2019). Our CAGR analysis shows that …


Pathways Of Reform In Education: Evidence From India, Poornima Tapas, Deepa Pillai, Rita Dangre, Kishore Kulkarni Jan 2022

Pathways Of Reform In Education: Evidence From India, Poornima Tapas, Deepa Pillai, Rita Dangre, Kishore Kulkarni

International Review of Business and Economics

No abstract provided.


Environmental Accounting And Financial Performance Of Listed Family-Owned Companies In Nigeria, Charles Segun Ilelaboye, Muyiwa E. Alade Jan 2022

Environmental Accounting And Financial Performance Of Listed Family-Owned Companies In Nigeria, Charles Segun Ilelaboye, Muyiwa E. Alade

International Review of Business and Economics

This study examines the effect of environmental accounting on the performance of family-owned companies in Nigeria using restoration cost, community development costs and health & security costs as surrogates. The study used ex-post facto research design. The population of the study consisted of all 12 family-owned companies across industrial and oil & gas sectors that were quoted on the Nigerian Stock Exchange (NSE). Purposive sampling technique was used to select six (6) family-owned companies that disclosed environmental information. Data were gleaned from the annual reports of the sampled companies covering 2012-2020. The study used descriptive statistics, correlation and Ordinary Least …


Africa's Knowledge Economy And Links To India, Anand Kulkarni Jan 2022

Africa's Knowledge Economy And Links To India, Anand Kulkarni

International Review of Business and Economics

Competitive advantage for economies, both developed and developing, will be increasingly based on knowledge in all its forms, including science and technology, smart entrepreneurship, and new business and organizational development models. Due to COVID-19, the need for innovative solutions to health and economic disruptions has never been as keenly felt. This paper is structured in five parts. The first part examines the extent to which various countries in Sub-Saharan Africa participate in the global knowledge economy. Data is drawn from the UN Knowledge Index and canvases knowledge economy parameters such as research and development, value-added industrial production and knowledge-intensive services, …


Can Blended Learning Address Indian Academic Issues?, Vijay D. Joshi, Sukanta K. Baral Jan 2022

Can Blended Learning Address Indian Academic Issues?, Vijay D. Joshi, Sukanta K. Baral

International Review of Business and Economics

No abstract provided.


The Treasury Single Account System And Financial Stability In Nigeria, Olusola Esther Igbekoyi Jan 2022

The Treasury Single Account System And Financial Stability In Nigeria, Olusola Esther Igbekoyi

International Review of Business and Economics

This study investigates the effect of the treasury single account system on financial stability in Nigeria. Specifically, we hoped to find out if speculation of government regarding government debt and stock market performances are met. The study utilized data published in the Central Bank of Nigeria statistical bulletin for a period of 2011-2020. The time series data collected were analyzed using descriptive and inferential statistics. The findings revealed that the TSA system had a negative impact on government debt performance, with significant negative impact on advances from commercial banks and external debt finance charges. However, it had an insignificant negative …


Corporate Characteristics And Implementation Of Integrated Reporting Framework Of Listed Oil And Gas Firms In Nigeria, Muyiwa E. Alade, Olubunmi M. Odugbemi Jan 2022

Corporate Characteristics And Implementation Of Integrated Reporting Framework Of Listed Oil And Gas Firms In Nigeria, Muyiwa E. Alade, Olubunmi M. Odugbemi

International Review of Business and Economics

The demand for better corporate information by various stakeholders across the globe has necessitated a paradigm shift from the traditional financial reporting to more comprehensive financial and non-financial information in a single report, known as integrated reporting. The aim of this study is to empirically investigate the effect of corporate characteristics (firm size, board size, share ownership structure and profitability) on the implementation of integrated reporting framework in listed oil and gas firms in Nigeria. A census sampling technique was adopted, using the total population of eleven (11) oil and gas firms listed on the Nigerian Stock Exchange as of …


Cost Of Menstrual Hygiene Practices In Gujarat, India, Smruti Bulsari, Kiran Pandya, Jayesh Desai Jan 2022

Cost Of Menstrual Hygiene Practices In Gujarat, India, Smruti Bulsari, Kiran Pandya, Jayesh Desai

International Review of Business and Economics

Menstrual cycles are an integral part of a nearly two-third of a woman’s life, and occur every month. Menstruation is a public health concern because irrespective of whether a woman can afford hygienic absorbents or not, she undergoes menstruation phase every month. Therefore, menstruation requires to be examined from public health policy perspective. Choice of menstrual products is not only subject to budget constraint but also to “other regarding preferences”, as can be explained by behavioural economics theories. This study therefore, seeks to get insights into the determinants of choice of menstrual product. The study attempts to devise a method …


Should India Lend To Gdh The Same Weight As To Gdp?, Sudhavna Char Jan 2022

Should India Lend To Gdh The Same Weight As To Gdp?, Sudhavna Char

International Review of Business and Economics

Growth for growth's sake goes against the grain of sustainable economics. It is not maintainable on the basis of full-cost pricing. The billing should include health and environmental costs, including charges for the exhaustion of natural resources, egregious disparities in wealth distribution, and increases in mental and physical sickness. Today’s material growth model transmutes many economic endeavors into preying on current and future generations. Unwittingly, the single-minded pursuit of growth without a global perspective has been resulting in loss of life and property, besides undermining prospects of life’s basics for upcoming generations. This is myopic, ignoring catastrophes hitting home. In …


Income Inequality And Consumption Pattern Among Bop Consumers In India, Sarath Sennimalai, S D. Sivakumar Nov 2021

Income Inequality And Consumption Pattern Among Bop Consumers In India, Sarath Sennimalai, S D. Sivakumar

International Review of Business and Economics

Marketing discipline has evolved through the context of the industrialized or developed world. However, the largest groups of consumers are also the poorest (Bottom of the Pyramid category) and economic inequality is still persisting among BOP consumers. Using the Gini co-efficient, economic inequality was measured with the help of World Bank report. The main aim of this paper is to know about the trends that took place in income inequality and consumption pattern among BOP consumers based on household surveys (from NSSO and World Bank). It shows that income inequality among BOP consumers has been increasing simultaneously with increase in …


Optimum Commodity Taxation When Employment Matters, P. Nandakumar Warreir Nov 2021

Optimum Commodity Taxation When Employment Matters, P. Nandakumar Warreir

International Review of Business and Economics

Ramsey's inelasticity rule for optimum commodity taxation has been criticized for indicating tax rates for basic necessities which have lower elasticities of demand than luxury consumption items. However, it is noted that skilful marketing techniques tend to lower the demand elasticities of luxury items so that it is not evident that the Ramsey rule is inequitable. In this paper equity concerns from a macroeconomic viewpoint are introduced, modifying the Ramsey rule approach by including total employment in the decision-maker's utility function. Then it is seen that the relative tax rate of the product which is more labour-intensive in production is …


Application Of Fmea In Solving The Financial Inclusion Issue In India, Chandravadan Shrihari Goritiyal, Shreya Surve Nov 2021

Application Of Fmea In Solving The Financial Inclusion Issue In India, Chandravadan Shrihari Goritiyal, Shreya Surve

International Review of Business and Economics

Failure mode and effect analysis (FMEA) is an operational tool which systematically, proactively evaluates the method to spot where the potential failure might occur and identify the potential causes, which would help to reduce the relevant impact of various failures in the process. Financial inclusion generally understood to mean the method of ensuring access to appropriate financial products and services needed by all sections of society including vulnerable groups at an economical cost. It's an immediate impact on the expansion of the economy of the country. This paper analyses the effect of Indian citizen participation in financial inclusion and identifies …


Consumer Attitude And Their Purchase Intention: A Review Of Literature, Venkatesh S. Shastry, Anupama Nov 2021

Consumer Attitude And Their Purchase Intention: A Review Of Literature, Venkatesh S. Shastry, Anupama

International Review of Business and Economics

The objective of the paper is to bring spotlight on literature related to consumer attitude and purchase intention. The Paper attempts to identify and segregate factors which are vital and critical antecedents to formation of consumer attitude consequently “Intention to purchase”. For this purpose over 200 Journal articles were scrutinized on pre-set parameters, while 25 of them that are relevant research papers presented here. The factors considered include social media, traditional media, Word of mouth, message process involvement and trust. The findings of the study include a gamut of research objectives and aims, host of pertinent scales, commonly adopted methodologies, …


Significance Of Psychological Contract In Education – A Study With Special Reference To Response Of Students To Online Classes At The Time Of Lockdown Due To Covid 19., Santhosh Kv, Bhavya Vikas Feb 2021

Significance Of Psychological Contract In Education – A Study With Special Reference To Response Of Students To Online Classes At The Time Of Lockdown Due To Covid 19., Santhosh Kv, Bhavya Vikas

International Review of Business and Economics

Psychological contracts are being studied by many researchers in the present days. This paper attempts to establish the importance of psychological contract during formal education stage, by considering the response of UG and PG students to online classes at the time of lockdown due to Covid 19. With the limited literature research it was found that many have tried to understand the benefits and pitfalls of online teaching. But the researches that establish a relationship between online education and psychological contract were found to be less explored, which is exactly what this paper attempts to do. The objectives of the …


Efficiency Ranking Of It Service-Producing Firms: Case Of Indian Multinationals, H. D. Vinod, P. M. Rao Feb 2021

Efficiency Ranking Of It Service-Producing Firms: Case Of Indian Multinationals, H. D. Vinod, P. M. Rao

International Review of Business and Economics

Production functions often study the output of physical products with capital and labor inputs. Instead, we use 2004 to 2016 data for 55 In- dian multinational companies to assess the production of services. Our estimates of flexible production functions yield estimates of scale elasticity (SCE) and elasticity of substitution (EOS) for pooled data. A subset of 31 companies with relatively complete data yields their individual SCE and EOS values, revealing their heterogeneity. Sorting the 31 companies by their SCE help name scale-efficient (high SCE) and scale inefficient (low SCE) multinationals. Similarly, a listing of 31 companies sorted by EOS allows …


An Empirical Analysis Of Dimensional Trust In Online Group Buying Sites, Varinder Sharma Feb 2021

An Empirical Analysis Of Dimensional Trust In Online Group Buying Sites, Varinder Sharma

International Review of Business and Economics

Building websites that generate adequate perception of ability, integrity, and benevolence dimensions of trust amongst even the first-time visitors is critically important for online group buying (OGB) sites; otherwise, visitors may be reluctant to transact. Current literature suggests that certain website features can induce overall trust perception (TP); however, their impact on specific trust dimensions has received little attention resulting in scholarly and managerial lacunae to precisely diagnose and remedy the problem with TP. To address this knowledge gap, this study first categorizes the trust-inducing features and then explores their impact on the trust dimensions of an OGB website in …


Thailand’S Trade Policies: Short Review Of Successes And Shortcomings, Nash Herman Feb 2021

Thailand’S Trade Policies: Short Review Of Successes And Shortcomings, Nash Herman

International Review of Business and Economics

While Thailand is often considered a bastion of free trade, the Southeast Asian country has deployed a multitude of different policies that has led to Thailand’s current economic success. Thailand has generally always sought to be a modern, liberal country. Before the Asian Financial Crisis of the 1990’s Thailand saw unprecedented economic growth before the crisis and has since focused on even more liberalization measures. The paper aims to explore some of the different parts of economic theory that Thailand has implemented (both liberal and protectionist), in order to explain some of Thailand’s economic success and some possible shortcomings. The …


Is There Any Relationship Between Child Labour, Crime Rates And Country Income Per Capita?, Cheick Wague, Nandakumar P. Warrier Feb 2021

Is There Any Relationship Between Child Labour, Crime Rates And Country Income Per Capita?, Cheick Wague, Nandakumar P. Warrier

International Review of Business and Economics

Child labour exists in varying degrees in virtually all countries aspiring to reach high income status. The prevalence of child labour and associated criminal activities have been portrayed in the 19th century novels of Charles Dickens, perhaps most vividly in the character ‘Fagin’ in the novel ‘Oliver Twist’. It seems clear that the early years of the industrial revolution in Britain gave rise to demand for increased child labour and also provided fertile ground for criminal activities. However, it is also evident from the experience of the high-income countries that the hallowed peaks of the development process witness an end …


Credit Risk Modelling For Assessing Creditworthiness For Homeowners Who Can Avail Solar On Finance At Peacock Solar, Gurugram, Niraj Kishore Chimote, Aaditya Anil Srivastava Feb 2021

Credit Risk Modelling For Assessing Creditworthiness For Homeowners Who Can Avail Solar On Finance At Peacock Solar, Gurugram, Niraj Kishore Chimote, Aaditya Anil Srivastava

International Review of Business and Economics

Peacock Solar is a household solar installation company based in Gurugram, Haryana. It provides hassle free installation of solar power. In an era of rising demand for renewable energy, solar power is seen as a future of energy. The markets are becoming more competitive as better technologies increase the efficiency and lower the cost of solar power. In India, solar power is in its nascent stage of development and being price sensitive markets, cost remains the bottom line of competition. The present study is an attempt to showcase the strategy adopted by Peacock solar to enhance its sales by making …


A Study On Sustainability Of Payment Banks In India Using Technology Acceptance Model, Thilak Venkatesan, Samitha Ss Feb 2021

A Study On Sustainability Of Payment Banks In India Using Technology Acceptance Model, Thilak Venkatesan, Samitha Ss

International Review of Business and Economics

Payment banks are new era banks that provide limited services but with simple access. The Reserve Bank of India established it with an aim to offer remittance services to migrant labor workforce, low-income households, small businesses, and other unorganized sector entities. Awareness plays a major role in the mindset of the people towards the digitalized mode of the payment system. Payment banks are currently facing many challenges as they are not allowed to lend money. Their major source of income comes only from the interest of the government securities in which they can invest. Despite all these, payment banks are …


Impact Of Covid-19 On Stock Markets: An Investigation And Way Forward, Aaditya Trivedi, Tajinder Pal Singh, Kaushal Kishore Feb 2021

Impact Of Covid-19 On Stock Markets: An Investigation And Way Forward, Aaditya Trivedi, Tajinder Pal Singh, Kaushal Kishore

International Review of Business and Economics

This study analyzes the impact of the COVID-19 pandemic on stock markets in different regions of the world. Impact of COVID-19 on the stock market is like a black swan event. To analyze the impact of COVID-19 on the stock market, study includes different indices, ratios, strategies and past events to compare. Study is focused on the stock market of countries such as the United States and India to see effects on developed and developing countries. The trends were found similar worldwide. The United States, which has been a bull market for a long time, is also experiencing a plummeting …