IIMB Management Review最新文献

Competency models describe desired behaviours, skills, and attributes to facilitate organisational goals' achievement. The primary focus of a competency model is to align individual behaviours to organisationally expected behaviours. Given that employees’ ethical behaviour has become the sine qua non for organisations, it is surprising to see the absence of ethical competency in organisations’ competency models. Based on two separate studies with the heads of HR in Indian and South-East Asian organisations, the present study identified three core reasons for the absence of ethics in competency models (i.e., ideation, conceptualisation, and implementation challenges). Also, the study proposes a framework for fostering ethical behaviour amongst employees. Implications of the research for theory and practice are discussed.

We propose a new approach to improving student outcomes - the provision of the dream option that allows a student with a job offer to participate in the placement process again. Comparing three different student preference structures, we show that the dream option improves stability; however, it does not always improve student happiness and rank efficiency. Nevertheless, imposing a particular structure on student preferences, namely the sequential preference condition, improves both student happiness and rank efficiency. We recommend when to use the dream option and when not to use it.

This paper deals with the dynamics of market power with processors and retailers in the coffee supply chain in India. We develop an imperfect competition model that allows for the potential oligopoly and/or oligopsony power of retailers and processors with respect to adjacent stakeholders in the supply chain. We also empirically determine the presence/absence of market power among processors and retailers in the coffee supply chain in India. This paper highlights the existence of market power with processors in the coffee industry that plays an important role in the imperfect price transmission and should not be ignored when developing regulatory policies.

We explore changes in newcomers’ values from the day they join their first job, over time. In an engineering company (N = 244), after one month of classroom training, newcomers showed an increase in self-enhancement values and a reduction in self-transcendence values. In a bank (N = 59), after 18 months on-the-job experience, newcomers’ values showed a reduction in self-transcendence. In an automobile company (N = 64), the supervisor's transformational leadership enhanced self-transcendence values and reduced self-enhancement values of newcomers. We also found that transformational leadership of the newcomer's supervisor was positively related to enhancement of the newcomer–supervisor value congruence.

Workforce diversity literature highlights adverse effects of surface diversity on employee affect. We examine the applicability of surface diversity effects in the Indian social milieu. Since diversity effects are context-specific, in a first, we test the moderating impact of employee's perceived organisational politics on the inclusion mediated diversity-well-being link among 617 employees from Indian organisations. Post ascertaining the measurement model fit using AMOS 22, we used PROCESS to test for moderated-mediation effects. Perception of organisational politics moderated the surface diversity–inclusion–well-being link such that inclusion was found to be weaker for employees who perceived high politics. We discuss the implications for managers.

This study examines the ability of online ticker searches to serve as a valid proxy for investor sentiment and forecast stock returns and trading volumes in the Indian financial market. In contrast to the findings in prior research, we observe that ticker search volumes do not exhibit any predictive value for future excess stock returns. However, we find a weak but significant positive effect of ticker search volumes on trading volume with a two-week lag. A battery of robustness checks supports our findings. Our work warns the investors from possible misleading insights arising from search volume and stock returns related studies.

Prior research reports that corporate debt restructuring can increase the stability of the participating bank by inflating the provision of restructured loans. This study evaluates how the stability of Bangladeshi commercial banks has changed following the implementation of the regulator-initiated corporate debt restructuring (RCDR) policy. Our comprehensive bank-level analysis reveals that debt restructuring has led to a reduction in non-performing loans (NPLs) and the provision of participating banks; however, these banks continue to experience lower stability after the policy period. This study provides a new and important insight into the debate on the effectiveness of debt restructuring on bank performance.

Loss given default (LGD) is a critical element in estimating expected as well as unexpected credit losses in banking business. This article investigates written-off history of Indian banks and provides estimates of LGD on loans across sectors, loan facilities and collateral type. The study is based on internal loss data obtained from various scheduled commercial banks in India over twenty years. A multifactor tobit regression model has also been developed to capture the key determinants affecting LGD that will be helpful to predict future losses of Indian banks. LGD trends over various time periods have also been assessed to establish their linkage with probability of default.