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Social and Behavioral Sciences Commons™

Open Access. Powered by Scholars. Published by Universities.®

Business

2021

University of Denver

Articles 1 - 19 of 19

Full-Text Articles in Social and Behavioral Sciences

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 …

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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 …

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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 …

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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, …

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The Financial Implications Of The Chinese Healthcare System, Lilly Schneider, Chi Hung Kenneth Leung May 2021

The Financial Implications Of The Chinese Healthcare System, Lilly Schneider, Chi Hung Kenneth Leung

DU Undergraduate Research Journal Archive

In 1949 one of the world’s most powerful and influential countries was born: The People’s Republic of China. Perhaps the greatest challenge the country has consistently faced since its inception has been ensuring a fiscally sound healthcare system. Today, China has the world’s largest population and a rapidly aging society with 330 million citizens over the age of 65 projected by 2050- nearly the same size as the total U.S. population. Living standards across China have been drastically increasing in recent decades and the Chinese people are desiring better, higher quality healthcare to complement their new lifestyles. With this desire …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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Drivers And Barriers Of Diversity And Inclusion In Business: Interviews With Nine Field Experts, Alana Aragon, Sung Soo Kim Jan 2021

Drivers And Barriers Of Diversity And Inclusion In Business: Interviews With Nine Field Experts, Alana Aragon, Sung Soo Kim

DU Undergraduate Research Journal Archive

In an ever-diversifying world, Diversity and Inclusion (D&I) strategies must exist in organizations to achieve the potential of positive business and employee outcomes. Businesses must understand how to get diversity and inclusivity in their organization, and how to mitigate the barriers they will face in doing so. Inclusion, “the degree to which individuals feel a part of the critical organizational processes”1 is crucial for employees and organizations to receive the benefits of diversity. In a climate where inclusion is valued, employees show better affective states (e.g. engagement and belonging) and higher organizational commitment2 leading to improved business outcomes. To address …

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Employee Ownership And Moral Hazard: How Broad-Based Equity Sharing Can Lower Agency Costs And Reduce Inequality, Colin Clinton Hudson Jan 2021

Employee Ownership And Moral Hazard: How Broad-Based Equity Sharing Can Lower Agency Costs And Reduce Inequality, Colin Clinton Hudson

Electronic Theses and Dissertations

Providing incentives to top managers by offering equity has become the norm; this practice, however, does not hold for all levels of employees. After tax incentives for employee ownership were introduced through the Employee Retirement Income Security Act of 1974, there has been little legislative support to encourage companies to implement broad-based equity sharing programs. Moreover, decades of neoliberal policies have incentivized the pursuit of short-term profits and speculation, which contribute to economic instability and explain the growing gap between productivity and real wages observed since the late 1970s. Developments in the literature contend that employee ownership aligns the goals …

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Competition In Economic Theory And The Skew In U.S. Corporate Wealth Creation, Marc H. Pentacoff Jan 2021

Competition In Economic Theory And The Skew In U.S. Corporate Wealth Creation, Marc H. Pentacoff

Electronic Theses and Dissertations

Historical studies of U.S. capital markets show a dramatic skew in the distribution of corporate wealth. This thesis investigates the evolution of economic thought related to realistic models of competition, seeking to find the most suitable theory of competition to explain this skew in U.S. corporate wealth creation. The incorporation of realistic elements into the static theories of competition leads to theoretical difficulties in the early 20th century. Another line of thought developed non-equilibrium dynamic models of competition, culminating in Schumpeter. In Schumpeter, firms seek to manage the uncertainty f rom rapid change induced by innovation and increasing returns by …

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The Hotelling Valuation Principle: Does User Cost And Reserve Differentials Improve Validity?, Brian K. Hicks Jan 2021

The Hotelling Valuation Principle: Does User Cost And Reserve Differentials Improve Validity?, Brian K. Hicks

Electronic Theses and Dissertations

The Hotelling Valuation Principal (HVP) implies that the value per unit of an in-ground exhaustible natural resource is equal to the current price less the cost of production. The assumptions required for this principle include a certain and homogenous reserve stock, unconstrained extraction, and constant costs. Extensive research has empirically investigated the HVP. This paper expands the HVP framework and relaxes the theory’s assumptions to account for reserve differentials. The results show that the original net price model is more closely aligned with developed reserve value, than total reserve value. In addition, this paper develops two- and three-factor net price …

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Microfoundations Approach To Risk And Uncertainty In The Uppsala Internationalization Process, John P. Merli Jan 2021

Microfoundations Approach To Risk And Uncertainty In The Uppsala Internationalization Process, John P. Merli

Electronic Theses and Dissertations

This study answers rising calls in International Business to employ a microfoundations approach for greater insight on differences in managerial cognition for entering business in high-risk locations. Consequently, findings challenge the Uppsala model’s longstanding stance concerning the risk-internationalization association governed by strict firm-level analysis. I examine CEO decision-making through the lens of their values, represented by their political ideology score along the liberal-conservative continuum, to offer greater predictability for rationalizing strategic choices. Accordingly, political ideology proved a significant predictor for explaining the circumstances in which CEOs elect high-risk locations based on their political ideology’s degree of liberalism. Additionally, its interactions …

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Airbnb Release Of Latent Economic Value And Return To Equilibrium, Daniel Joseph Trujillo Jan 2021

Airbnb Release Of Latent Economic Value And Return To Equilibrium, Daniel Joseph Trujillo

Electronic Theses and Dissertations

We empirically consider Airbnb’s effect on a new variable in Short Term Rental (STR) research, second homes, employing a model pre-Airbnb diffusion (2009), and post-Airbnb diffusion (2019). In doing so we test our hypothesis that second home use will be converted to short-term rentals with the advent of Airbnb. We do so through a natural experiment examining housing stock. We create a schema to segregate tourist and non-tourist counties based on economic variables and deploy these in our research framework observing a shock to housing supply. Notably, we observe a structural change in the use of second homes resulting in …

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