Business Commons^™

Social Responsibility Of Business Schools In India, S. S. Bhattacharyya, A. Sahay

Management Dynamics

Management education in India has great popularity and demand. Every second Indian is between the age bracket of 18 and 45. Thus management education in India is a necessity as the large pool of youth has to be groomed to lead this nation in the new millennium. But management education in India is yet in infancy. It has to grow to reach the youth and the women of smaller towns and rural India. Business schools in India have to develop innovative models to address this segment of Indian youth. This paper captures the attempts of certain Indian business schools, management …

Roi Into Personal Selling Effort: An Empirical Analysis, Mehir Kumar Baidya, Partha Basu

Management Dynamics

In spite of huge marketing expenditures, management frequently does not have any concrete knowledge of the return obtainable on its sizable investment into personal selling effort. Quantitative as well as qualitative measurements of effectiveness of personal selling effort are no doubt very difficult due to its interaction with numerous forces in the marketplace. The present work is carried out with the aim of studying the impact of personal selling on sales and overall customer satisfaction level relating to two brands (Keo-Karpin and Emami) of two firms by taking into consideration both financial and non-financial aspects of the measurement. The return-on-investment …

Partnering Capability For Growth: Maturity Levels, Dinesh Kumar Likhi

Management Dynamics

Strategic Alliances are mushrooming with a desire of Co-creating and attaining Objectives, difficult to be achieved alone. The objective of this article is to understand two basic issues related to Strategic Alliance-Capabilities and Performance Management issues in Strategic Alliances. Strategic Alliances success can be gauged by their performance. To illustrate this point, we have taken two cases of steel industry. Caselet A has been a failure case and was taken at a stage when alliance capability maturity in the organization was low. Caselet B is a successful case and was taken at a stage when alliance capability maturity of the …

Creating Competitive Edge-Looking Beyond Competition, S. K. Breja

Management Dynamics

Competition is the act of striving for dominance. Competition exists among different departments and people within the company for achieving departmental, personal and professional goals, and among different companies for market share. However, one of the most important considerations in formulating corporate strategy is the competitive advantage. The paper presents route to establishing competitive advantage in the present environment and stresses upon cooperation, interdependence and integration of thought processes for co-creation and turning the established advantage into an edge. A case study on cooperative and collaborative research in cement and construction sector is also presented.

E-Governance Through Collaborations - A Case Of Nicnet Based Agricultural Marketing Information Network (Agmarknet), P. K. Suri, Sushil

Management Dynamics

In this paper an attempt is made to conduct a strategic analysis of NICNET based Agricultural Marketing Information Network (AGMARKNET) - an e-governance programme initiated as a major component of a Centre Sector Plan Scheme of Ministry of Agriculture. Based on the analysis, the paper aims at explaining the importance of adopting a collaborative approach for realizing the ambitious goal of empowering the farmers with market information through this programme.

Spontaneity, Agility, Craftsmen's Pride, And Informalization, Magoroh Maruyama

Management Dynamics

To counteract rigidification by standardization, we need: (1) employees' self-generating experimentation without punishment for failures; (2) letting "the nail which sticks out" grow instead of hammering it down; (3) examining crazy ideas seriously; (4) cultivation of craftsmen's pride instead of filling the requirements like robots; (5) spontaneous change-generating quick interaction among heterogeneous employees (morphogenetic process); (6) barrier-free outbreeding to and from outsiders; (7) elimination of ponderous and rigid procedurism and overcontrol; (8) elimination of inbreeding; (9) mastering the masterpieces before moving ahead.

Does The Introduction Of Stock Index Futures Reduce The Stock Market Volatility, Mamta Singh

Management Dynamics

Traditional econometric models assume a constant one period forecast variance. However, many financial time series display volatility clustering, that is, autoregressive conditional heteroscedasticity (ARCH). The aim of this paper is to estimate conditional volatility models in an effort to capture the salient features of stock market volatility in India and evaluate the models in terms of out-of sample forecast accuracy. The paper also investigates whether there is any change in volatility after the introduction of futures. The estimation of volatility is made at the macro level on a major market index, namely, S&P CNX Nifty. In addition, 50 individual companies' …

Relevance Of Arbitrage In The Indian Derivatives Market, Shikha Tripathi

Management Dynamics

The Futures contract is an agreement between two parties to buy or sell an asset at a certain time in the future for certain agreed price. Since its introduction in the Indian market, futures are on the rise, attracting the three types of players i.e., hedgers, speculators & arbitrageurs. These players are able to book their profit only if there is any mis-match between spot-future relationship. The objective of this paper is to find out whether the spot-futures relationship holds in case of Index Futures in the Indian stock market which results in the arbitrage opportunity. This paper also aims …

Single Index Model: An Implication On Bankex Stocks, Tarun Gupta, Nishant Sinha

Management Dynamics

The objective of the study is to find out whether the Bankex stocks (17 bank stocks) are undervalued or overvalued with respect to the current Sensex high levels using Single Index Model. It also aims at finding out the future expectations from these stocks. In the financial economics literature, it is generally assumed that risk-averse investors expect higher returns for investing in relatively riskier assets and therefore, the risk premium represents the compensation to the investor for assuming risk. The non-zero risk premiums are not only directly unobservable but also vary substantially over time. Apart from the 'animal spirits' driving …

Arbitrage Opportunities In The Options Market: A Study Of The Indian Index Options, Smita Pande, Sachin Suri

Management Dynamics

The objective of this paper is to find out whether the put-call parity relationship holds in case of index options in the Indian stock market. The index which has been chosen as the underlying asset is NSE Nifty. This paper further aims at finding out different factors responsible for the violation of put-call parity relationship, if any.

Determinants Of Growth - Indian Banking Industry & Auto Industry, Pankaj Sharma, Varun Chaturvedi

Management Dynamics

This paper analyses various factors that contribute to the growth of any industry and to find out the most important factors among them. The regression model technique is used for over 17 companies of Bankex and 23 companies of BSE Auto Index for the period 1999-2000 to 2004-2005. The primary reason for focusing our study on these two industries is the fact that they plays an important role in the economic development of a country by way of providing services and contributing to the manufacturing sector respectively. The paper finds retention ratio, debt-equity ratio are the major factors contributing to …

Portfolio Optimization Using Single Index Model, Shilpi Srivastava

Management Dynamics

The study here focuses on portfolio construction of mid cap companies, its optimization and throws up some important topics for further research. Issues discussed include the key inputs necessary to perform portfolio optimization, Markowitz Model, Single Index Model and the methods for evaluation of overvaluation and undervaluation of securities.

The Study On The Presence Of Volatility Smile In Nse Indices, Neha Jain, Neha Sharma, Reenu Agarwal, Salim Akhtar, Sonia Lalchandani

Management Dynamics

If James Taylor had been an options trader, he might well have not written that second line. Options "smile" at traders, but that smile is not a source of happiness. It is in fact a source of considerable confusion and misunderstanding. In this paper, we explore how this confusion manifests in the pattern of different implied volatilities for different options on the same stock, a pattern commonly known as the volatility smile.

Determinants Of Price-Earning Ratio, Reema Kulshrestha, Sonia Nanda

Management Dynamics

Relative P/E-ratio valuation plays an important role among investment research analysts and advisors. The P/E ratio relates to the price paid to current earnings. Due to its simple computation for various stocks and also, for making comparisons between various stocks, it is widely accepted. The research question being addressed is to find out the determinants that differentiates P/E ratio of one company from the other in a specified time period and over a period of time. A P/E-ratio valuation model can be viewed as a technically simple model, using company's earnings as its value driver, and typically being dependent on …

Managerial And Administrative Accidents, Magoroh Maruyama

Management Dynamics

With good intentions, managers and administrators may cause professional accidents by overloading, overcrowding, overriding or overtrusting. (1)They may overload themselves and their subordinates; (2) They may overcrowd their time table; (3)They may shortcut and override some necessary details which their subordinates or business partners have painstakingly made; (4) In communist or post-communist countries, they may over-trust "official" specialists without any system of quality control.

The World Is Flat: A Brief History Of The Globalized Worid In The 21st Century, Sonia Lalchandani

Management Dynamics

As far back as we can remember, the earth has been spherical. Paradoxically, it now appears that the world has "flattened". This is due to certain events which have taken shape over the past couple of decades. The consequent transition demands adaption not only from individuals and corporates but also society and nations as a whole. This is precisely the theme of Thomas L. Friedman's latest book "The World is Flat". If one wants to leam about globalization right from scratch, from its cradle to the present adolescent age, then Friedman's book is the right choice.

Models For Creative Process, Sujit Kumar Dubey

Management Dynamics

Each and every creation, artistic, scientific, or commercial, adopts certain guidelines to achieve that position. Scientific creations are the results of convergent thinking where as artistic creations are results of divergent and convergent thinking both. But in advertising it is difficult to conclude that big ideas are result of either convergent or divergent thinking or both. Considering the problem the researcher tried to identify the creative process especially used by the creative people in advertising world. It was revealed through the study that there is a common creative process followed by the creative people in advertising.

Ipos In Compulsory Demat Mode. How Fair For The Small Investors?, Sachin Agarwal

Management Dynamics

The SEBI ruling requiring issue houses to issue public offerings (IPO's, new issues, etc.) in compulsory demat mode has created an anomaly which keeps the small and long-term investor out of the game. The benefits that would have accrued to small investors are snatched away by the larger & powerful players. The IPOs of banks and companies like Maruti Udyog, NTPC and TV Today etc. had claimed to target the small investor, but the small investor had in fact been a mere conduit to channel the holdings to larger players. This defeated the objective of creating wide-spread public participation and …

Is Capm Valid: Search For Efficient Market Portfolio, Bhavesh Sharma

Management Dynamics

The selection of a proxy for market portfolio in CAPM model remains one of the most crucial steps in its empirical use. This paper aims to check the validity of CAPM in Indian market and to identify the most efficient proxy for market portfolio. Incorrect selection of this proxy may lead to inaccurate result and even rejection of CAPM model when tested empirically. This further emphasises the importance of selecting the correct proxy for market portfolio. The paper reviews why standard cap-weighted indices can be used as the proxy and then which ofsuch index is the most efficient proxy for …

Achieving Sustainable Tourism Through Wto Negotiations, Ritu Narang

Management Dynamics

The paper aims to highlight the significance, relevance and importance of sustainable tourism in India through WTO negotiations. The objective of the study is to analyse the impact of international tourism on India before negotiating for further liberalization of trade in services under GATS provision at WTO and to protect domestic tourism sub-sectors in the light of sustainable tourism. The study also finds that sustainable development in tourism, both national and international, can assist India to accelerate its pace of economic growth.

A Survey Of The Non-Optimization Techniques Used In An Integrated Steel Plant, Sankarshan Basu, Goutam Dutta

Management Dynamics

This is a survey paper looking at the various different applications of the non-Optimization techniques in Operations Research techniques used in the steel industry particularly in the process of steel making all across the world. The paper is divided in to applications under the heads of Queuing Theory, Simulation, Statistical Process Control, Artificial Intelligence and Other Non-Optimizing methods. The survey covers a large number of papers across steel making facilities, all across the world, and it is seen that different locations have different types of applications of the various techniques mentioned above. In each of the papers mentioned above, we …

Management Dynamics For De-Stereotyping The Corporate Culture: An Alternative To European And North American Concepts, Magoroh Maruyama, Kuniko Maruyama

Management Dynamics

In countries where the management is not dominated by the established orthodoxy of European and North American theories, principles and practices, it is possible to use alternative concepts with less ponderous resistance. Most of the researchers who follow the established orthodoxy either: (a) take it for granted that the corporate cultures are preconditioned by or reflect their country cultures, and therefore they begin their research with a study of country cultures, and then proceed to interpret corporate cultures in terms of country cultures; or (b) infer the country cultures from an aggregate of corporate cultures. In both cases they intentionally …

Developing And Evaluating A Psychoeducation Booklet About The Mental Health Effects Of Discrimination, Margarita Manzano, Ellalandra Arakelow, Aldona Chorzepa, Leigha Clarke, Skylor Loiseau, Dawson Hughes, Theodore Macgowan, Elizabeth Brondolo

Journal of Vincentian Social Action

Discrimination has been consistently linked to depression. Despite evidence suggesting that individuals targeted for discrimination want to discuss discrimination-related stress, research suggests that therapists are not engaging in these conversations. There are limited psychoeducational materials available to support conversations about race-related stress and mental health, and there are limited data on their effects. This paper describes the development and initial evaluation of a new psychoeducational booklet which provides information about discrimination and depression. The information provided is based on social cognitive models of the relations of discrimination to depression. We provide a description of the development of the psychoeducational materials, …

Providing Immunizations In The Early Stages Of The Covid-19 Pandemic; A Community Pharmacist And Student Pharmacist's View, Nicole Yioupis, Sophia Villa, Noelle J. Ryan-Bloom, Carmela Avena-Woods

Journal of Vincentian Social Action

This article describes the experience of a community pharmacist and two student pharmacists early in 2020. It shares their unique experiences in providing novel vaccines during the COVID-19 pandemic while completing their Community Pharmacy Advance Pharmacy Practice Experientials (APPEs) at St. John’s University, College of Pharmacy and Health Sciences. Having the ability to participate in vaccination clinics, serving various communities, during an unprecedented time had a positive impact not only the community they served, but the experience also helped to cultivate them as future pharmacists.

Discrimination, Acculturative Stress, And Academic Achievement In Emerging Adults, Rebecca Steele, Amanda Rosado, Nancy Hernandez, Elizabeth Brondolo

Journal of Vincentian Social Action

Researchers report an association of racial discrimination to academic achievement for racial/ethnic minority students. Racial discrimination is manifest on multiple levels, including interpersonal discrimination, discrimination in schools, and societal and cultural discrimination. Researchers have generally focused their efforts on examining the effects of one type of discrimination on academic achievement. Further, mediators of this relation have not been fully explored. In a sample of 78 college students, we found only interpersonal racial/ethnic discrimination, and not school-based or societal discrimination was negatively associated with GPA. However, the effects did not hold once controlling for demographic factors. We examined two potential mediators …

The Sisterarchy Of Indian Feminism, Shweta Sinha

Journal of Vincentian Social Action

The paradigm of feminism in India is deeply entrenched in its socio-cultural-political-economic reality. It is an ever-evolving byproduct of patriarchy borne out of the caste-system, colonialism, urbanism (‘Westernism’), and capitalism. As a result, the plurality within Indian feminism is predicated on the multiple patriarchies that exist within the Indian society. Therefore, while parsing feminism in India, it is imperative to identify and acknowledge the various sub-groups and intersectionality that exist within the larger framework of women’s issues.

Amongst all the marginalized factions that exist within the feminist framework, this study attempts to investigate a specific caste/class-based intersectional perspective, i.e., Dalit …

Understanding Barriers To Sexual Assault Reporting Among Undergraduate Sorority Women, Isabella Rivera

Journal of Vincentian Social Action

This study aimed to examine the correlation between knowledge of sexual health and sexual assault, and the subsequent disclosure of sexual assault amongst undergraduate women in sororities at St. John’s University. During the academic year (2019-2020), the number of reported sexual assaults on campus was discrepant among the perception of the student body, with students believing there to be a higher number of incidents than reported to the University. Possible causes of the lack of formal sexual assault reporting were investigated. This included the knowledge of undergraduate women at St. John’s University pertaining to sexual health, reproductive health, university resources, …

Manger A Travers Les Cultures: A Comparative Look At Food Waste, Awareness And Redistribution Potential, Chloe Bergeron

Journal of Vincentian Social Action

In the most recent nation-wide studies, France’s estimated annual food waste, as of 2017, is 1.8% (Barilla Center, 2017). Conversely, the United States’ estimated annual food waste, as of 2010, is between 30-40% (USDA, 2010). This research compared University of Paris students’ and St. John’s University students’ awareness and knowledge of food waste on an individual, university, and governmental level to gain an in-depth understanding of the impacts of reduction practices and awareness methods such as campaigns and education. This study examines university students’ relationship to food and food waste in the United States versus France, redistribution potential, and the …

Jovsa: The Faculty/Student Research Connection, Anthony C. Marziliano, Hira Shafeeq, Marc E. Gillespie

Journal of Vincentian Social Action

No abstract provided.

Toc

Journal of Vincentian Social Action

No abstract provided.