In this paper, we investigate the effect of organisational values/culture on sustainable practices in Indian SMEs, and observe that organisational values/culture positively affect waste disposal/recycling, and employee-related social practices. Further, employee-related social practices act as a mediating variable between organisational values/culture, and firms’ environmental and community-related social practices. We also examine the moderating role of family influence and observe that for family SMEs, the effects of organisational values/culture on waste disposal/recycling, and employee-related social practices are stronger than those for non-family SMEs. The paper concludes by highlighting the implications and limitations of the study, and possible directions for future research.
The present study examines the Indian small-cap cycle between April 2011 and March 2022. The ordinary least squares (OLS) estimate shows that investors can benefit from investing in the Nifty Small-Cap 100 index by following a proper exponential moving average strategy. The study findings also highlighted that among macroeconomic factors, ‘term spread’ might influence the Nifty Small-Cap 100 index returns (NIFSC100R). The daily returns of the Russell 2000 index, the relative change in international crude oil prices (RCO), and the relative change in the exchange rate between USD and INR (RUSDINR) show no statistically significant impact on NIFSC100R.