Pub Date : 2024-02-05DOI: 10.1177/09722629231225549
Sujit Kumar, Anoop S. Kumar
Inflation has run higher than the targets of central banks across the globe post the COVID-19 pandemic. India is no exception. The central banks have responded through synchronous interest rate increases. The efficacy of policy measures has been mixed though, underscoring country-specific differences in sources of inflation and monetary transmission across channels. Employing a time-varying vector autoregression framework, we analyse the interaction with output, interest rate and inflation in India. We employ quarterly data on real GDP growth, Wholesale Price Index (WPI) growth, Consumer Price Index (CPI)-Industrial workers (CPI-IW) growth and 1 year-treasury bill rate, from 2005–2006 Q1 to 2021–2022 Q4. We use two measures of inflation to get the dynamics of retail and wholesale inflation. We contrast the interactions of aforesaid variables through time-varying impulse response functions (IRFs) during two big macroeconomic events, namely, the subprime crisis of 2008 and COVID-19 pandemic in 2020. During the subprime crisis in 2008, we saw negligible response in the short, medium and long run. During the COVID-19 period, we find all time-varying IRFs are synchronized. The response of CPI-IW to the interest rate shock is very different from that of WPI, underscoring differences in the composition of these price measures. A shock from the interest rate keeps the CPI-IW stable at best; we do not see any reduction in CPI-IW across the short, medium and long run. The reaction of GDP growth to interest rate shock is rather flat during both the subprime crisis and COVID-19 in the short, medium and long run, pointing towards potential monetary policy ineffectiveness in stimulating the growth.
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Pub Date : 2024-02-05DOI: 10.1177/09722629231225535
Sunita Guru, S. Thanki, J. Thakkar
Personal health, food safety and environmental concerns significantly contribute to the purchase and consumption of organic food. Several countries, including India, are turning their attention to encouraging organic food farming and purchasing to comply with sustainable development goals. This research identifies and analyses the motivational factors critical to the purchase and consumption of organic food and also extends a roadmap to the food industries for sustainable growth. A list of factors driving the purchase and consumption of organic food was extracted from the literature. Fuzzy Technique for Order of Preference by Similarity to Ideal Solution (Fuzzy TOPSIS), Fuzzy Simple Additive Weighting (Fuzzy SAW) and Borda method are used to prioritize the identified motivational factors followed by the sensitivity analysis to simulate dynamic various market requirements and challenges. The findings substantiate that chemical free, no artificial ingredients, good for body, healthy and awareness about health significantly influence the purchase and consumption of organic food products. To ensure sustainable production and consumption of organic food, it is vital for government policymakers, organizations involved in production, marketing and distribution of the organic food to understand and critically evaluate various factors affecting the purchase and consumption intensions of the consumers.
{"title":"Analysing Factors Driving Purchase and Consumption Behaviour Towards Organic Food","authors":"Sunita Guru, S. Thanki, J. Thakkar","doi":"10.1177/09722629231225535","DOIUrl":"https://doi.org/10.1177/09722629231225535","url":null,"abstract":"Personal health, food safety and environmental concerns significantly contribute to the purchase and consumption of organic food. Several countries, including India, are turning their attention to encouraging organic food farming and purchasing to comply with sustainable development goals. This research identifies and analyses the motivational factors critical to the purchase and consumption of organic food and also extends a roadmap to the food industries for sustainable growth. A list of factors driving the purchase and consumption of organic food was extracted from the literature. Fuzzy Technique for Order of Preference by Similarity to Ideal Solution (Fuzzy TOPSIS), Fuzzy Simple Additive Weighting (Fuzzy SAW) and Borda method are used to prioritize the identified motivational factors followed by the sensitivity analysis to simulate dynamic various market requirements and challenges. The findings substantiate that chemical free, no artificial ingredients, good for body, healthy and awareness about health significantly influence the purchase and consumption of organic food products. To ensure sustainable production and consumption of organic food, it is vital for government policymakers, organizations involved in production, marketing and distribution of the organic food to understand and critically evaluate various factors affecting the purchase and consumption intensions of the consumers.","PeriodicalId":503812,"journal":{"name":"Vision: The Journal of Business Perspective","volume":"29 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139864513","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 : 2024-02-05DOI: 10.1177/09722629231225535
Sunita Guru, S. Thanki, J. Thakkar
Personal health, food safety and environmental concerns significantly contribute to the purchase and consumption of organic food. Several countries, including India, are turning their attention to encouraging organic food farming and purchasing to comply with sustainable development goals. This research identifies and analyses the motivational factors critical to the purchase and consumption of organic food and also extends a roadmap to the food industries for sustainable growth. A list of factors driving the purchase and consumption of organic food was extracted from the literature. Fuzzy Technique for Order of Preference by Similarity to Ideal Solution (Fuzzy TOPSIS), Fuzzy Simple Additive Weighting (Fuzzy SAW) and Borda method are used to prioritize the identified motivational factors followed by the sensitivity analysis to simulate dynamic various market requirements and challenges. The findings substantiate that chemical free, no artificial ingredients, good for body, healthy and awareness about health significantly influence the purchase and consumption of organic food products. To ensure sustainable production and consumption of organic food, it is vital for government policymakers, organizations involved in production, marketing and distribution of the organic food to understand and critically evaluate various factors affecting the purchase and consumption intensions of the consumers.
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Pub Date : 2024-02-05DOI: 10.1177/09722629231225549
Sujit Kumar, Anoop S. Kumar
Inflation has run higher than the targets of central banks across the globe post the COVID-19 pandemic. India is no exception. The central banks have responded through synchronous interest rate increases. The efficacy of policy measures has been mixed though, underscoring country-specific differences in sources of inflation and monetary transmission across channels. Employing a time-varying vector autoregression framework, we analyse the interaction with output, interest rate and inflation in India. We employ quarterly data on real GDP growth, Wholesale Price Index (WPI) growth, Consumer Price Index (CPI)-Industrial workers (CPI-IW) growth and 1 year-treasury bill rate, from 2005–2006 Q1 to 2021–2022 Q4. We use two measures of inflation to get the dynamics of retail and wholesale inflation. We contrast the interactions of aforesaid variables through time-varying impulse response functions (IRFs) during two big macroeconomic events, namely, the subprime crisis of 2008 and COVID-19 pandemic in 2020. During the subprime crisis in 2008, we saw negligible response in the short, medium and long run. During the COVID-19 period, we find all time-varying IRFs are synchronized. The response of CPI-IW to the interest rate shock is very different from that of WPI, underscoring differences in the composition of these price measures. A shock from the interest rate keeps the CPI-IW stable at best; we do not see any reduction in CPI-IW across the short, medium and long run. The reaction of GDP growth to interest rate shock is rather flat during both the subprime crisis and COVID-19 in the short, medium and long run, pointing towards potential monetary policy ineffectiveness in stimulating the growth.
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Pub Date : 2024-02-05DOI: 10.1177/09722629241226446
Bhushan Singh, Mohinder Singh, S. Dahiya
The purpose of this study is to address the enduring multi-dimensional poverty faced by nearly 65 million Scheduled Tribes (STs) in India, with one prominent cause being their limited investments in productive financial assets. Financial literacy has been identified as a crucial factor in enhancing personal financial management skills. The focus is specifically on investigating the relationship between financial literacy, sociodemographic factors and stock market participation among STs in Himachal Pradesh, India. Using a structured questionnaire, data was collected from 300 ST households. The study employed multinomial logistic regression to analyze the impact of financial literacy and sociodemographic variables on stock market participation. The findings indicate that a significant majority of STs (over 80%) lack financial awareness and do not participate in the stock market. Notably, financial illiteracy, risk tolerance, age, education and income were identified as significant factors influencing SMP. The insights derived from this research offer valuable guidance for policymakers, financial institutions and educators, urging the development of targeted interventions. These interventions should empower tribal individuals to make informed financial decisions and encourage their engagement in stock market activities.
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Pub Date : 2024-02-05DOI: 10.1177/09722629241226447
Manisha J. Sanghvi, Pankaj Sharma, Arti Chandani
The derivatives market is an important asset class and has been found to positively contribute to economic development. It has sparked interest from researchers, policymakers and financial agencies. This article aims to present a literature review that explains the motive of individual investors to trade in equity derivatives. Studies from 1997 to 2023 were extracted from SCOPUS, Emerald and Web of Science using the keywords, and articles were later refined with their motive, research methodology, source of data, journal, year of publication, country-wise articles published and publication source to explore the opportunities for further research. VOS viewer has been used to visualize the author keyword and link among various keywords. This study reviews 51 articles, which were found relevant and have been segregated theme-wise. The motives of investors are categorized as ‘Hedging vs. speculation’, ‘Return vs. risk’ and ‘Gambling’. The findings of the study show that most of the studies are conducted in the USA using discount house data and most of the articles were published in the Journal of Banking and Finance. The findings of the study will be useful to the researchers, practitioners, stock exchanges and regulators by providing the current landscape of the body in this domain.
衍生品市场是一个重要的资产类别,对经济发展有积极的促进作用。它引发了研究人员、政策制定者和金融机构的兴趣。本文旨在通过文献综述来解释个人投资者进行股票衍生品交易的动机。本文使用关键词从 SCOPUS、Emerald 和 Web of Science 中提取了 1997 年至 2023 年期间的研究,随后对文章的动机、研究方法、数据来源、期刊、出版年份、按国家分列的文章发表情况和出版来源进行了细化,以探索进一步研究的机会。VOS 浏览器用于直观显示作者关键词和各种关键词之间的联系。本研究回顾了 51 篇相关文章,并按主题进行了分类。投资者的动机分为 "套期保值与投机"、"回报与风险 "和 "赌博"。研究结果表明,大多数研究都是在美国进行的,使用的是贴现公司的数据,而且大多数文章都发表在《银行与金融期刊》上。研究结果将为研究人员、从业人员、证券交易所和监管机构提供该领域的机构现状,从而对他们有所帮助。
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Pub Date : 2024-02-05DOI: 10.1177/09722629241226446
Bhushan Singh, Mohinder Singh, S. Dahiya
The purpose of this study is to address the enduring multi-dimensional poverty faced by nearly 65 million Scheduled Tribes (STs) in India, with one prominent cause being their limited investments in productive financial assets. Financial literacy has been identified as a crucial factor in enhancing personal financial management skills. The focus is specifically on investigating the relationship between financial literacy, sociodemographic factors and stock market participation among STs in Himachal Pradesh, India. Using a structured questionnaire, data was collected from 300 ST households. The study employed multinomial logistic regression to analyze the impact of financial literacy and sociodemographic variables on stock market participation. The findings indicate that a significant majority of STs (over 80%) lack financial awareness and do not participate in the stock market. Notably, financial illiteracy, risk tolerance, age, education and income were identified as significant factors influencing SMP. The insights derived from this research offer valuable guidance for policymakers, financial institutions and educators, urging the development of targeted interventions. These interventions should empower tribal individuals to make informed financial decisions and encourage their engagement in stock market activities.
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Pub Date : 2024-02-05DOI: 10.1177/09722629241226447
Manisha J. Sanghvi, Pankaj Sharma, Arti Chandani
The derivatives market is an important asset class and has been found to positively contribute to economic development. It has sparked interest from researchers, policymakers and financial agencies. This article aims to present a literature review that explains the motive of individual investors to trade in equity derivatives. Studies from 1997 to 2023 were extracted from SCOPUS, Emerald and Web of Science using the keywords, and articles were later refined with their motive, research methodology, source of data, journal, year of publication, country-wise articles published and publication source to explore the opportunities for further research. VOS viewer has been used to visualize the author keyword and link among various keywords. This study reviews 51 articles, which were found relevant and have been segregated theme-wise. The motives of investors are categorized as ‘Hedging vs. speculation’, ‘Return vs. risk’ and ‘Gambling’. The findings of the study show that most of the studies are conducted in the USA using discount house data and most of the articles were published in the Journal of Banking and Finance. The findings of the study will be useful to the researchers, practitioners, stock exchanges and regulators by providing the current landscape of the body in this domain.
衍生品市场是一个重要的资产类别,对经济发展有积极的促进作用。它引发了研究人员、政策制定者和金融机构的兴趣。本文旨在通过文献综述来解释个人投资者进行股票衍生品交易的动机。本文使用关键词从 SCOPUS、Emerald 和 Web of Science 中提取了 1997 年至 2023 年期间的研究,随后对文章的动机、研究方法、数据来源、期刊、出版年份、按国家分列的文章发表情况和出版来源进行了细化,以探索进一步研究的机会。VOS 浏览器用于直观显示作者关键词和各种关键词之间的联系。本研究回顾了 51 篇相关文章,并按主题进行了分类。投资者的动机分为 "套期保值与投机"、"回报与风险 "和 "赌博"。研究结果表明,大多数研究都是在美国进行的,使用的是贴现公司的数据,而且大多数文章都发表在《银行与金融期刊》上。研究结果将为研究人员、从业人员、证券交易所和监管机构提供该领域的机构现状,从而对他们有所帮助。
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Pub Date : 2024-02-04DOI: 10.1177/09722629231220990
Basit Abas, Sahar Iqbal, Shazia Bukhari, Srikanth Villivalam, Mohsin Khan
The detrimental impacts of employee deviant behaviour within workplaces have garnered considerable attention from both organizational scholars and practitioners. However, the existing research on workplace deviance remains fragmented, leaving significant knowledge gaps in this area. To address this void, our study conducts a meticulous bibliometric analysis of the literature on workplace deviance in the context of the hospitality industry, offering insights into its evolution over time. We meticulously gathered and examined 80 papers from reputable journals, spanning the years 1996–2022, using the biblioshiny. Our findings underscore the pressing need for more extensive research on workplace deviance in the hospitality sector, given its labour-intensive nature. Moreover, our analysis suggests that emerging economies hold substantial potential for contributing to this field of study. By employing quantitative bibliometric techniques, this study provides a comprehensive overview of workplace deviance research within the hospitality domain, shedding light on emerging trends and patterns in behavioural research within the hotel industry.
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Pub Date : 2024-02-04DOI: 10.1177/09722629231220990
Basit Abas, Sahar Iqbal, Shazia Bukhari, Srikanth Villivalam, Mohsin Khan
The detrimental impacts of employee deviant behaviour within workplaces have garnered considerable attention from both organizational scholars and practitioners. However, the existing research on workplace deviance remains fragmented, leaving significant knowledge gaps in this area. To address this void, our study conducts a meticulous bibliometric analysis of the literature on workplace deviance in the context of the hospitality industry, offering insights into its evolution over time. We meticulously gathered and examined 80 papers from reputable journals, spanning the years 1996–2022, using the biblioshiny. Our findings underscore the pressing need for more extensive research on workplace deviance in the hospitality sector, given its labour-intensive nature. Moreover, our analysis suggests that emerging economies hold substantial potential for contributing to this field of study. By employing quantitative bibliometric techniques, this study provides a comprehensive overview of workplace deviance research within the hospitality domain, shedding light on emerging trends and patterns in behavioural research within the hotel industry.
{"title":"A Retrospective of Workplace Deviance in Hospitality: A Two-tier Literature Review","authors":"Basit Abas, Sahar Iqbal, Shazia Bukhari, Srikanth Villivalam, Mohsin Khan","doi":"10.1177/09722629231220990","DOIUrl":"https://doi.org/10.1177/09722629231220990","url":null,"abstract":"The detrimental impacts of employee deviant behaviour within workplaces have garnered considerable attention from both organizational scholars and practitioners. However, the existing research on workplace deviance remains fragmented, leaving significant knowledge gaps in this area. To address this void, our study conducts a meticulous bibliometric analysis of the literature on workplace deviance in the context of the hospitality industry, offering insights into its evolution over time. We meticulously gathered and examined 80 papers from reputable journals, spanning the years 1996–2022, using the biblioshiny. Our findings underscore the pressing need for more extensive research on workplace deviance in the hospitality sector, given its labour-intensive nature. Moreover, our analysis suggests that emerging economies hold substantial potential for contributing to this field of study. By employing quantitative bibliometric techniques, this study provides a comprehensive overview of workplace deviance research within the hospitality domain, shedding light on emerging trends and patterns in behavioural research within the hotel industry.","PeriodicalId":503812,"journal":{"name":"Vision: The Journal of Business Perspective","volume":"4 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139806707","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}