IIMB Management Review最新文献

This research examines reference group influence on working women and non-working women. It examines how working women and non-working women differ in their susceptibility to reference group influence across product categories: private necessity, private luxury, public necessity, and public luxury. Data collection included 1044 responses, which were analysed using analysis of variance and validated through discriminant analysis. Results show that working women and non-working women differ in their susceptibility towards reference group influences. The findings reaffirm that it is imperative to devise different marketing approaches accordingly and that women cannot be considered a single homogenous target market.

This study aims to investigate the role of the indigenous construct lokasamgraha in the context of social entrepreneurship. We identified lokasamgraha through content analysis of the Bhagavad Gita, employing the methodological approaches proposed by Bhawuk (2010). Using the lens of paradox theory, we investigated commonly accepted tensions in social enterprises. We developed a framework to explain how lokasamgraha can assist social enterprises in managing tensions and achieving the triple bottom-line. Furthermore, we validated this framework by citing a lokasamgraha-based social enterprise in India. Finally, before concluding, we discussed the implications and future research directions.

This paper uses the Google Internet search volume index to capture pandemic attention and examines the effect of COVID-19 on the stock returns of the tourism industry. We find a significant negative effect of pandemic attention sentiment on tourism industry stock returns. The results are robust to the inclusion of alternative pandemic information variables and firm and business cycle controls. Results suggest that large-size firms, firms with better growth opportunities, and value stocks are more resilient to mitigate uncertainty induced by the pandemic. Investors welcome governmental economic policy interventions and thus adjust their return expectations less negatively. Finally, we find that the country's cultural dimension, government efficiency, stable financial system, and health system help to mitigate the downside risk of stock price movements induced by the pandemic.

This article investigates the dichotomy between higher statistical power and higher allocation to better treatment in an ethical-optimal response-adaptive design. Although many response-adaptive designs in the literature promise higher allocation to the superior treatment, this is not always guaranteed due to the variability of the designs. A new criterion for evaluating response-adaptive designs, motivated by the value-at-risk measure, is proposed to address this problem. We also provide an illustration of applying this criterion in a real clinical trial.

This study examines the relationship between transformational leadership and organisational culture, and the joint effect of both on organisational performance. Using structural equation modelling with data from 903 employees from the Vietnamese manufacturing sector, the results show that transformational leadership influences organisational performance and culture, with differing effects based on context. The study shows that organisational culture directly influences performance and partially mediates the contribution of transformational leadership to organisational performance. The findings provide theoretical and practical implications for firms seeking to improve organisational performance through changes in leadership type and culture.

In this phenomenological study, the author proposes a spiritual triple bottom line framework (STBL) to develop and measure the three bottom lines: individual prosperity, impact on people, and impact on the planet through the lens of spirituality. The results are presented as an interpretation of the individual's perceptions of spirituality and their spiritual experiences. The result comprises three themes of spirituality and its nomological linkage i.e., inner sustainability with a triple-bottom-line framework (external sustainability). The themes are: the source of spirituality, the process of experiencing spirituality, and the outcome of being spiritual.

Prior research shows the importance of trading communities in the Indian economy. We investigate whether these trading communities have an advantage in firm founding and/or firm survival. While prior research suggests that trusted within-community networks enable access to resources and knowledge and help support entrepreneurs from these communities, some scholars show that community ties constrain entrepreneurial options and produce lock-in. We hypothesise that trading communities in India have higher founding and survival rates and we find strong support for our hypotheses. Our research contributes to research on communities and entrepreneurship, and to our understanding of the Indian entrepreneurial context.

Internal capital markets (ICM) are fundamental to conglomerates and business groups across developed and developing economies. ICM can be opportunistic or benevolent, but its efficiency assessment remains a pressing question. We focus on measuring the profit efficiency of giver firms using a novel methodology based on data envelopment analysis (DEA). We also explore heterogeneity across group firms based on ownership and governance. Overall, ICM investments are efficiency-reducing, more so for firms with higher outsider ownership. Monitoring reduces inefficiency. These findings have strong methodological, policy, and financing implications and call for caution from lenders and investors of diversely held group firms.