Pub Date : 2024-06-12DOI: 10.1177/09728686241254586
Kanupriya Kanupriya
This perspective seeks to build meaningful linkages between the digital circular economy and the global ecotourism sector. The ‘new normal’ in a post-pandemic world calls for innovative solutions to the challenge of low revenue growth in the traditional tourism sector. Ecotourism or sustainable tourism can be the way forward, provided it is coupled with emergent digital technologies of the likes of artificial intelligence, big data and the internet of things, among many others. This article relies on an existing review of literature from all over the world on the theme in order to arrive at meaningful inter-relationships between the digital circular economy and the global ecotourism sector. The main conclusion of this opinion piece is as follows. For ensuring a prosperous global ecotourism sector (or sustainable tourism), moving towards a digital circular economic framework ensures not just a reduction in the depletion of finite natural resources but also an enhancement in biodiversity and a significant reduction in business costs. Thus, ecotourism and digital circular economy aim at creating sustainable value both for businesses and the environment in more ways than one. Additionally, some of the major policy and managerial implications of this study pertain to the need for, first, greater local community involvement in the ecotourism sector; second, constant upskilling of the workforce in the sector with regard to latest digital technologies for their long-term benefit; and last, building a robust digital framework and ensuring last mile connectivity for all ecotourist destinations.
{"title":"Digital Circular Economy and the Global Ecotourism Sector: A Critical Perspective","authors":"Kanupriya Kanupriya","doi":"10.1177/09728686241254586","DOIUrl":"https://doi.org/10.1177/09728686241254586","url":null,"abstract":"This perspective seeks to build meaningful linkages between the digital circular economy and the global ecotourism sector. The ‘new normal’ in a post-pandemic world calls for innovative solutions to the challenge of low revenue growth in the traditional tourism sector. Ecotourism or sustainable tourism can be the way forward, provided it is coupled with emergent digital technologies of the likes of artificial intelligence, big data and the internet of things, among many others. This article relies on an existing review of literature from all over the world on the theme in order to arrive at meaningful inter-relationships between the digital circular economy and the global ecotourism sector. The main conclusion of this opinion piece is as follows. For ensuring a prosperous global ecotourism sector (or sustainable tourism), moving towards a digital circular economic framework ensures not just a reduction in the depletion of finite natural resources but also an enhancement in biodiversity and a significant reduction in business costs. Thus, ecotourism and digital circular economy aim at creating sustainable value both for businesses and the environment in more ways than one. Additionally, some of the major policy and managerial implications of this study pertain to the need for, first, greater local community involvement in the ecotourism sector; second, constant upskilling of the workforce in the sector with regard to latest digital technologies for their long-term benefit; and last, building a robust digital framework and ensuring last mile connectivity for all ecotourist destinations.","PeriodicalId":399076,"journal":{"name":"Review of Professional Management","volume":"25 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141353942","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-10DOI: 10.1177/09728686241249332
S. Kushwah, Sonal Thukral
The research examines the dynamic correlation between the volatility of the Bombay Stock Exchange (BSE) and the Small- and Medium-enterprises (SMEs) Index of BSE in India. It focuses on analysing the volatility spillover between SME and BSE by utilising the generalised autoregressive conditional heteroskedasticity (GARCH) model. The study extends its scope by examining the impact of the current pandemic, COVID-19, on the volatility of both SME and BSE by utilising the exponential GARCH and threshold GARCH models. Findings suggest that there is volatility spillover between the two indices. The results also highlight that the pandemic significantly affected the volatility of both indices. The findings of the study provide important implications for policymakers, portfolio managers, and investors, particularly when the Indian government has been emphasising on the growth and continuous support of the small and medium enterprises and increasing foreign investments in India’s SMEs in recent years.
{"title":"The COVID-19 Outbreak and Volatility Spillover Between Stock Exchange’s Overall and Small- and Medium-enterprise Indices: Evidence from India","authors":"S. Kushwah, Sonal Thukral","doi":"10.1177/09728686241249332","DOIUrl":"https://doi.org/10.1177/09728686241249332","url":null,"abstract":"The research examines the dynamic correlation between the volatility of the Bombay Stock Exchange (BSE) and the Small- and Medium-enterprises (SMEs) Index of BSE in India. It focuses on analysing the volatility spillover between SME and BSE by utilising the generalised autoregressive conditional heteroskedasticity (GARCH) model. The study extends its scope by examining the impact of the current pandemic, COVID-19, on the volatility of both SME and BSE by utilising the exponential GARCH and threshold GARCH models. Findings suggest that there is volatility spillover between the two indices. The results also highlight that the pandemic significantly affected the volatility of both indices. The findings of the study provide important implications for policymakers, portfolio managers, and investors, particularly when the Indian government has been emphasising on the growth and continuous support of the small and medium enterprises and increasing foreign investments in India’s SMEs in recent years.","PeriodicalId":399076,"journal":{"name":"Review of Professional Management","volume":"122 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141360626","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.1177/09728686231210740
S. Sadia, Vikas Gautam
The value co-destruction (VCD) as a concept has been overshadowed by the focus of services research on value co-creation. The usefulness of service and value has been mentioned multiple times in the literature on service-dominant logic. The logical idea that, if value can be jointly created, it can also be jointly destroyed through similar interactional processes among the service systems has simply been ignored by the services study. In order to better grasp the notion of VCD and to pinpoint prospective areas for related future research, this article attempts to bring it to light. This study aims to do an in-depth literature review to identify the major aspects related to VCD that have been studied so far and thereby identify the gaps in the VCD literature to highlight the scope for related future research.
{"title":"Value Co-destruction in Services: A Review of the Past Literature and an Agenda for the Future","authors":"S. Sadia, Vikas Gautam","doi":"10.1177/09728686231210740","DOIUrl":"https://doi.org/10.1177/09728686231210740","url":null,"abstract":"The value co-destruction (VCD) as a concept has been overshadowed by the focus of services research on value co-creation. The usefulness of service and value has been mentioned multiple times in the literature on service-dominant logic. The logical idea that, if value can be jointly created, it can also be jointly destroyed through similar interactional processes among the service systems has simply been ignored by the services study. In order to better grasp the notion of VCD and to pinpoint prospective areas for related future research, this article attempts to bring it to light. This study aims to do an in-depth literature review to identify the major aspects related to VCD that have been studied so far and thereby identify the gaps in the VCD literature to highlight the scope for related future research.","PeriodicalId":399076,"journal":{"name":"Review of Professional Management","volume":"36 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139007534","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.1177/09728686231206248
S. Anithabose, G. Gnanaraj
Purpose: The present study aims to examine the financial performance before and during the COVID-19 pandemic with respect to profitability ratios, liquidity ratios, solvency ratios and economic value added (EVA) of select Indian public sector banks listed in the Bombay Stock Exchange (BSE). Design/Methodology/Approach: In total, 12 public sector banks listed on the BSE were chosen for the analysis, which spans the years 2018–2019 to 2019–2020. Financial statements and monthly closing prices of public sector banks are the data that were gathered for this study. The tools used in this study are as follows: (1) EVA, (2) financial ratios, (3) descriptive statistics, (4) Shapiro–Wilk normality test and (5) paired samples t-test. Findings of the study are as follows: The empirical findings of the study revealed that the COVID-19 pandemic has a negative effect on earnings per share, net profit ratio, return on capital employed, return on asset and return on equity and a positive effect on current ratio, debt to equity ratio and EVA of select public sector banks. Research Limitations/Implications: The findings of this study provide several avenues for more research. As one of the research ramifications, future researchers would need to explain discrepancies in the statistical findings of various academics in the finance field. Social Implications: As the expansion of the banking industry is correlated with India’s economic growth, developing nations like India rely on the accuracy of the information. With the information provided, the COVID-19 pandemic has a negative effect on profitability variables and positive effect on liquidity, solvency and shareholder’s wealth creation variables, so that it has no serious harmful consequences on the economy in respect to profitability position of select banks. Originality/Value: The study is conducted on the financial performance before and during the COVID-19 pandemic with respect to profitability ratios, liquidity ratios, solvency ratios and EVA of select Indian public sector banks listed in BSE and also highlighted how banks adapted the pandemic situation, which is a new phenomenon.
{"title":"Financial Performance of Indian Public Sector Banks Before and During COVID-19 Pandemic","authors":"S. Anithabose, G. Gnanaraj","doi":"10.1177/09728686231206248","DOIUrl":"https://doi.org/10.1177/09728686231206248","url":null,"abstract":"Purpose: The present study aims to examine the financial performance before and during the COVID-19 pandemic with respect to profitability ratios, liquidity ratios, solvency ratios and economic value added (EVA) of select Indian public sector banks listed in the Bombay Stock Exchange (BSE). Design/Methodology/Approach: In total, 12 public sector banks listed on the BSE were chosen for the analysis, which spans the years 2018–2019 to 2019–2020. Financial statements and monthly closing prices of public sector banks are the data that were gathered for this study. The tools used in this study are as follows: (1) EVA, (2) financial ratios, (3) descriptive statistics, (4) Shapiro–Wilk normality test and (5) paired samples t-test. Findings of the study are as follows: The empirical findings of the study revealed that the COVID-19 pandemic has a negative effect on earnings per share, net profit ratio, return on capital employed, return on asset and return on equity and a positive effect on current ratio, debt to equity ratio and EVA of select public sector banks. Research Limitations/Implications: The findings of this study provide several avenues for more research. As one of the research ramifications, future researchers would need to explain discrepancies in the statistical findings of various academics in the finance field. Social Implications: As the expansion of the banking industry is correlated with India’s economic growth, developing nations like India rely on the accuracy of the information. With the information provided, the COVID-19 pandemic has a negative effect on profitability variables and positive effect on liquidity, solvency and shareholder’s wealth creation variables, so that it has no serious harmful consequences on the economy in respect to profitability position of select banks. Originality/Value: The study is conducted on the financial performance before and during the COVID-19 pandemic with respect to profitability ratios, liquidity ratios, solvency ratios and EVA of select Indian public sector banks listed in BSE and also highlighted how banks adapted the pandemic situation, which is a new phenomenon.","PeriodicalId":399076,"journal":{"name":"Review of Professional Management","volume":"6 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139009094","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.1177/09728686231208351
R. Dhaneesh
This article provides an overview of stress management interventions (SMIs) and the evidence that they improve employee well-being. The objective of this study is to identify the individual-level stress (personal) and stress at an organisational level (workplace) and to suggest certain intervention techniques at primary and secondary levels to reduce it. To begin, we create a classification system for SMI, as it is taught in accordance with degree (i.e., the personal stage or the organisational stage) and recognition (i.e., a ‘number one’ focus on changing the causes of stress or a ‘secondary’ or ‘tertiary’ attention on lowering stress itself). Relaxation methods, cognitive behavioural treatment (CBT) and mindfulness training are all examples of secondary character-stage SMI (such as implementing new organisational policies and procedures) and are subcategories of SMI based on how widely they have been proven to work (e.g., process redesign, adjustments to running time schedules). There is a lot of data to support these two SMI techniques, but the study concludes by strengthening the evidence base for SMI treatments requiring a good methodological design, as well as improved knowledge on the context and people in which SMIs are most successful, how SMIs are administered and long-term effects of SMIs. Therapy for mental health issues, stress management and CBT study was carried out from June to August 2022.
{"title":"Occupational Stress Management Intervention: An Informative Perception","authors":"R. Dhaneesh","doi":"10.1177/09728686231208351","DOIUrl":"https://doi.org/10.1177/09728686231208351","url":null,"abstract":"This article provides an overview of stress management interventions (SMIs) and the evidence that they improve employee well-being. The objective of this study is to identify the individual-level stress (personal) and stress at an organisational level (workplace) and to suggest certain intervention techniques at primary and secondary levels to reduce it. To begin, we create a classification system for SMI, as it is taught in accordance with degree (i.e., the personal stage or the organisational stage) and recognition (i.e., a ‘number one’ focus on changing the causes of stress or a ‘secondary’ or ‘tertiary’ attention on lowering stress itself). Relaxation methods, cognitive behavioural treatment (CBT) and mindfulness training are all examples of secondary character-stage SMI (such as implementing new organisational policies and procedures) and are subcategories of SMI based on how widely they have been proven to work (e.g., process redesign, adjustments to running time schedules). There is a lot of data to support these two SMI techniques, but the study concludes by strengthening the evidence base for SMI treatments requiring a good methodological design, as well as improved knowledge on the context and people in which SMIs are most successful, how SMIs are administered and long-term effects of SMIs. Therapy for mental health issues, stress management and CBT study was carried out from June to August 2022.","PeriodicalId":399076,"journal":{"name":"Review of Professional Management","volume":"3 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139009333","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.1177/09728686231206976
Sunita Verma, B. S. Rathore
The aim of this article is to study the difference between public and private sector banks in terms of high-performance human resource practices (HPHRP). This empirical research paper is based on a detailed analysis of the literature research, which has been conducted on 500 managerial staff of public and private sector banks in Rajasthan through a structured questionnaire. Results reveal that there is a significant difference in the HPHRP of public and private sector banks in Rajasthan with reference to practices like internal mobility, selective staffing, result-oriented appraisal, employment security and incentive rewards. The practices, namely, extensive training, clear job description, and participation and teamwork, were found to be less significant in the study. The HPHRP scale and the differences in high-performance work systems (HPWSs) between public and private sector banks were investigated in the Indian context from a theoretical standpoint. For bank professionals, this study will help in improving their HPWSs. The study is unique as it seeks to identify the role of HPHRP in both public and private sector banks in India and concentrates on a bundle of human resource practices that will significantly improve the industry’s performance outcomes.
{"title":"Perception of Employees on High-Performance Human Resource Practices (HPHRP) in Indian Banks: A Comparison","authors":"Sunita Verma, B. S. Rathore","doi":"10.1177/09728686231206976","DOIUrl":"https://doi.org/10.1177/09728686231206976","url":null,"abstract":"The aim of this article is to study the difference between public and private sector banks in terms of high-performance human resource practices (HPHRP). This empirical research paper is based on a detailed analysis of the literature research, which has been conducted on 500 managerial staff of public and private sector banks in Rajasthan through a structured questionnaire. Results reveal that there is a significant difference in the HPHRP of public and private sector banks in Rajasthan with reference to practices like internal mobility, selective staffing, result-oriented appraisal, employment security and incentive rewards. The practices, namely, extensive training, clear job description, and participation and teamwork, were found to be less significant in the study. The HPHRP scale and the differences in high-performance work systems (HPWSs) between public and private sector banks were investigated in the Indian context from a theoretical standpoint. For bank professionals, this study will help in improving their HPWSs. The study is unique as it seeks to identify the role of HPHRP in both public and private sector banks in India and concentrates on a bundle of human resource practices that will significantly improve the industry’s performance outcomes.","PeriodicalId":399076,"journal":{"name":"Review of Professional Management","volume":"98 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139008194","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.1177/09728686231205364
David F. Marbaniang, Kishor S. Rajput
The consideration of intention holds significant importance within the entrepreneurial process for individuals who are contemplating the initiation of a new business venture. It is the pre-self-employment contemplative process. The primary aim of this study is to examine and substantiate Ajzen’s theory of planned behaviour model, specifically exploring the predictive nature of personal attitude, subjective norms and perceived behavioural control in relation to entrepreneurial intention. Another part of this article will investigate and analyse the specific role that subjective norms play in the formation of the entrepreneurial intention of the youth within the context of a matrilineal society. The study pertains to 929 undergraduate and postgraduate students studying in various colleges and universities of Meghalaya. Statistical techniques such as path analysis, ANOVA and regression analysis are employed in the study. The findings of the study show that personal attitude and subjective norms have a significant effect on entrepreneurial intention. Furthermore, it has been revealed that the kinship system has an impact on subjective norms.
{"title":"The Role of Subjective Norms in the Formation of Entrepreneurial Intention: The Case of a Matrilineal Society","authors":"David F. Marbaniang, Kishor S. Rajput","doi":"10.1177/09728686231205364","DOIUrl":"https://doi.org/10.1177/09728686231205364","url":null,"abstract":"The consideration of intention holds significant importance within the entrepreneurial process for individuals who are contemplating the initiation of a new business venture. It is the pre-self-employment contemplative process. The primary aim of this study is to examine and substantiate Ajzen’s theory of planned behaviour model, specifically exploring the predictive nature of personal attitude, subjective norms and perceived behavioural control in relation to entrepreneurial intention. Another part of this article will investigate and analyse the specific role that subjective norms play in the formation of the entrepreneurial intention of the youth within the context of a matrilineal society. The study pertains to 929 undergraduate and postgraduate students studying in various colleges and universities of Meghalaya. Statistical techniques such as path analysis, ANOVA and regression analysis are employed in the study. The findings of the study show that personal attitude and subjective norms have a significant effect on entrepreneurial intention. Furthermore, it has been revealed that the kinship system has an impact on subjective norms.","PeriodicalId":399076,"journal":{"name":"Review of Professional Management","volume":"41 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139008398","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-03DOI: 10.1177/09728686231184952
Mohan Alex Medayil, R. S. Balakumar
This article investigates the influence of entrepreneurial intention (EI) among postgraduate students in Noida, Uttar Pradesh, with entrepreneurial orientation and business intention with the mediating impact of new business ventures. Study participants come from both private and public universities in Noida, Uttar Pradesh, and the study is composed of 450 students. The survey was developed, responses were collected from postgraduate students and descriptive analysis was used for the study. The findings indicate that social identities are positively and significantly related to EI among postgraduate students to start new ventures. The results also show that entrepreneurial and business intentions are key mediators that affect the relationship between entrepreneurship orientation and business intention. These results have significant scientific and practical implications. Fostering students’ development is a priority for universities and policymakers. Entrepreneurial business intention extends an entrepreneurial sense to become an entrepreneur and influence them to start their new venture. A contribution to this field is the study of entrepreneurial orientation among postgraduate students in Noida, Uttar Pradesh, and investigates the influence of EI among them.
{"title":"A Study and Analysis of Entrepreneurial Intention Among Postgraduate Students in Noida, Uttar Pradesh","authors":"Mohan Alex Medayil, R. S. Balakumar","doi":"10.1177/09728686231184952","DOIUrl":"https://doi.org/10.1177/09728686231184952","url":null,"abstract":"This article investigates the influence of entrepreneurial intention (EI) among postgraduate students in Noida, Uttar Pradesh, with entrepreneurial orientation and business intention with the mediating impact of new business ventures. Study participants come from both private and public universities in Noida, Uttar Pradesh, and the study is composed of 450 students. The survey was developed, responses were collected from postgraduate students and descriptive analysis was used for the study. The findings indicate that social identities are positively and significantly related to EI among postgraduate students to start new ventures. The results also show that entrepreneurial and business intentions are key mediators that affect the relationship between entrepreneurship orientation and business intention. These results have significant scientific and practical implications. Fostering students’ development is a priority for universities and policymakers. Entrepreneurial business intention extends an entrepreneurial sense to become an entrepreneur and influence them to start their new venture. A contribution to this field is the study of entrepreneurial orientation among postgraduate students in Noida, Uttar Pradesh, and investigates the influence of EI among them.","PeriodicalId":399076,"journal":{"name":"Review of Professional Management","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124058316","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-26DOI: 10.1177/09728686231184954
T. Jacob, Rincy Raphael, Ajina V S
Foreign direct investment (FDI) has become a big source of non-debt funding in the world economy over the past 20 years. The goal of this study is to look at what makes Brazil and India attract FDI. The goal of this study is to figure out the most important reasons why FDI into India and Brazil keeps going up. The most important factors that affect FDI imports in Brazil and India are found using panel data regression analysis. The panel unit-root test, the Fisher Johansen test of cointegration, the panel vector error correction model, and the panel fully modified ordinary least squares (FMOLS) model has all been used to look at the data. In this study, FDI flows are considered as a function of India and Brazil’s relative consumer price index, gross domestic product, trade openness, human capital and population. The study shows that the size of the market and the number of people in a country have the biggest positive effects on drawing FDI. Inflation and trade openness, on the other hand, have little to do with attracting FDI to these two countries. Real GDP is used to measure the size of the market, and it is a major positive predictor of FDI. This means that most investment in these countries is driven by a desire to get into the market.
{"title":"An Econometric Analysis of the Determinants of Foreign Direct Investment: A Panel Data Analysis of Brazil and India","authors":"T. Jacob, Rincy Raphael, Ajina V S","doi":"10.1177/09728686231184954","DOIUrl":"https://doi.org/10.1177/09728686231184954","url":null,"abstract":"Foreign direct investment (FDI) has become a big source of non-debt funding in the world economy over the past 20 years. The goal of this study is to look at what makes Brazil and India attract FDI. The goal of this study is to figure out the most important reasons why FDI into India and Brazil keeps going up. The most important factors that affect FDI imports in Brazil and India are found using panel data regression analysis. The panel unit-root test, the Fisher Johansen test of cointegration, the panel vector error correction model, and the panel fully modified ordinary least squares (FMOLS) model has all been used to look at the data. In this study, FDI flows are considered as a function of India and Brazil’s relative consumer price index, gross domestic product, trade openness, human capital and population. The study shows that the size of the market and the number of people in a country have the biggest positive effects on drawing FDI. Inflation and trade openness, on the other hand, have little to do with attracting FDI to these two countries. Real GDP is used to measure the size of the market, and it is a major positive predictor of FDI. This means that most investment in these countries is driven by a desire to get into the market.","PeriodicalId":399076,"journal":{"name":"Review of Professional Management","volume":"56 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116903930","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-26DOI: 10.1177/09728686231189028
Anand Jaiswal, T. Singh, Aviral Jha, Mundra Ankita
This case study focuses on B. L. Kashyap and Sons Ltd (BLK), a renowned construction company in India, which encountered quality issues in the manufacturing process of ready-mix concrete. A comprehensive analysis utilising quality tools was undertaken to identify the underlying causes of these issues. The study revealed that defects in test and inspection, along with high temperatures during the process, were significant concerns. To address these challenges, the study explores strategies and structural changes that actively involve suppliers, stakeholders, managers, work teams and customers in improving the production process. Emphasising the importance of clearly defining responsibilities, duties and fostering continuous process improvement, this case study provides valuable insights for organisations seeking to enhance quality control and cultivate a culture of continuous improvement.
本案例研究的重点是印度著名建筑公司B. L. Kashyap and Sons Ltd (BLK)，该公司在预拌混凝土的制造过程中遇到了质量问题。利用质量工具进行了全面分析，以确定这些问题的根本原因。研究表明，测试和检查中的缺陷以及过程中的高温是值得关注的问题。为了应对这些挑战，本研究探讨了积极涉及供应商、利益相关者、管理人员、工作团队和客户的战略和结构变化，以改善生产过程。本个案研究强调明确界定责任和促进持续过程改进的重要性，为寻求加强质量控制和培养持续改进文化的机构提供了宝贵的见解。
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