IIMB Management Review最新文献

The study analysed the impact of financing patterns (FPs) on the financial performance of 226 listed small and medium enterprises (SMEs). Firm size, age, liquidity, sales growth (SG), and asset tangibility (AT) are treated as firm-specific control variables. The result indicates that total debt financing (TDF), short-term financing, and trade credit financing have a significant relationship with Return on Asset (ROA), whereas long-term debt financing (LTDF) does not. Further, Return on Equity (ROE) is used to confirm the robustness of the result and demonstrate the same direction of the relationship with financing. Thus, the study provides an illustrative description of relationships and helps in developing an understanding of accessing the future financial needs of SMEs.

In this commentary, we reflect upon twenty years of disability research in the Indian workplace and identify possibilities for new conversations and terrains of inquiry. We trace the key frames, theories, and methodological tendencies that demarcate this scholarship. We suggest that researchers can open new terrains of inquiry by situating disability in context, exploring heterogeneous forms of organising and workplace arrangements, and connecting workplace relations and interactions with wider institutional and sociopolitical discourses. We conclude with reflections on disability and inclusion otherwise.

Incubators play an instrumental role in nurturing startups and creating a vibrant ecosystem. But as the ecosystem evolves, incubators also need to reinvent themselves to stay relevant. Against a burgeoning startup ecosystem in India, this roundtable deliberates on the future of incubation. The experts discuss what services incubators should offer, how they should measure their impact and how they can become financially sustainable.

To fulfil its commitments towards sustainable development, India is transitioning from fossil fuels to renewables in the energy sector, trying to shift consumption and cropping practices in the agriculture sector, and promoting alternative fuel vehicles in the transport sector. In this study, we analyse the current state of energy, agriculture, and transport policies using the triple bottom line approach and provide a strategic framework that offers a mechanism and a long-term roadmap for a sustainable future by integrating the synergies between these three key sectors. Decentralised production and consumption of resources holds the key to economic, environmental, and social sustainability.

This paper measures the degree to which disclosed annual financial information assimilates into stock prices through the financial production process (FPP). Since it is established that price anchors impact investor trading decisions, the effect of proximity to chosen price anchors and the historical high and low prices on FPP efficiency is analysed for 611 Indian firms across 11 industries. Results show that a significant number of stocks are FPP inefficient, and the FPP efficiency is mean-reverting. Further, FPP efficiencies depend on proximity to price anchors, implying that FPP efficiency is a proxy measure of behavioural bias in stock prices.

This study proposes a conceptual framework emphasising ambidextrous HRM's ability to foster organisational capabilities to survive and succeed in a challenging business environment. We include ambidextrous HRM systems in our discussion on the effectiveness of HRM fit and flexibility. To achieve this, we draw linkages between HRM systems facilitating organisational capabilities in a suitable organisational design, operating within a particular market and corresponding environmental conditions. We further discuss the relevance and operationalisation of ambidextrous HRM systems in the context of the platform-based gig economy.

Culture is critical in organisations, particularly in research and development (R&D) activities. This study explores the facets and drivers that facilitated culture formation in an R&D setting. We focus on the Indian Space Research Organisation (ISRO), which had been able to develop closely guarded space technology indigenously. Based on in-depth interviews with a unique set of respondents in the age range of 66–94 years, we present a holistic organisational cultural model by juxtaposing its facets and drivers. We further expound on how the constraints of the public-funded organisation are negotiated in building a conducive culture.

Post-COVID-19, there is an ongoing discussion worldwide on the future of workplaces across organisations. This is a socio-technical system in transition, and we use a multi-level perspective (MLP) to identify the changing elements. We perform discourse analysis on the social media platform to gather stakeholders’ perspectives on the workplace to identify (a) changing dimensions of the workplace; (b) emerging challenges; (c) the necessity for adoption of new technologies; and (d) learnings from the pandemic with respect to the workplace. We propose a conceptual model through theories of socio-technical perspectives that shall inform practice on the design of workplace policy.