Pub Date : 2024-07-09DOI: 10.1177/09728686241262101
Dashimti Marwein, Sita Vanka
The Kumars of Salmora village in the south-eastern part of Majuli, Assam, India, are an example of a family managed business of handcrafting river clay pots. Salmora became the Kumhar village as a result of clay, which became the primary reason for the settlement of potters in the area. The hand-beaten pottery is a cottage industry of Majuli and has been passed down through generations. Currently, the policy restrictions and the dying art form have made people think about how to sustain the handicraft, their livelihoods woven around this art form, and continue their passion/skill in the given challenging situation. This makes it interesting to adopt the case research method to examine the struggle of small businesses to sustain their livelihoods, on the one hand, and the limited alternative sources of livelihood, on the other hand, thus making the survival and sustenance of the family business a challenge, where pottery was their family business for generations. The case discussion revolves around the problems, concerns and causes for the deterioration of the art forms and highlights the issues and challenges. It contributes to the resources in the emerging family business management literature and also the family businesses to strategise in similar contexts.
{"title":"Sustaining Family Business: Unveiling the Resilience of Majuli Potters in Assam, India","authors":"Dashimti Marwein, Sita Vanka","doi":"10.1177/09728686241262101","DOIUrl":"https://doi.org/10.1177/09728686241262101","url":null,"abstract":"The Kumars of Salmora village in the south-eastern part of Majuli, Assam, India, are an example of a family managed business of handcrafting river clay pots. Salmora became the Kumhar village as a result of clay, which became the primary reason for the settlement of potters in the area. The hand-beaten pottery is a cottage industry of Majuli and has been passed down through generations. Currently, the policy restrictions and the dying art form have made people think about how to sustain the handicraft, their livelihoods woven around this art form, and continue their passion/skill in the given challenging situation. This makes it interesting to adopt the case research method to examine the struggle of small businesses to sustain their livelihoods, on the one hand, and the limited alternative sources of livelihood, on the other hand, thus making the survival and sustenance of the family business a challenge, where pottery was their family business for generations. The case discussion revolves around the problems, concerns and causes for the deterioration of the art forms and highlights the issues and challenges. It contributes to the resources in the emerging family business management literature and also the family businesses to strategise in similar contexts.","PeriodicalId":509197,"journal":{"name":"Review of Professional Management","volume":"80 13","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141664504","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 : 2024-07-01DOI: 10.1177/09728686241262103
P. Bhatia, Niyati Chaudhary
Anomalies in stock markets have been studied with varied approaches worldwide, and mixed outcomes exist. The present study has investigated the financial year and calendar year effect for indices from Indian markets. Sectoral indices from Indian markets have been incorporated in this study on the basis of their weightage in the stock market. Data from 2011 to 2023 have been engaged with historical prices of these indices taken from the stock exchange websites. The analysis has been carried out using the ordinary least squares regression method and the independent sample t-test. Weak anomalies have been documented in the case of the financial services sector. Therefore, the findings indicate rare possibilities for investors to gauge abnormal returns with strategies related to anomalies. With increasing transparency in the online trading mechanism, such possibilities cease to exist for investors. Moreover, market dynamics have transformed on account of several shocks such as COVID-19, Omicron, Russia–Ukraine, Visa-related international issues in the world over economies and financial markets. Investors and markets have become more cautious and look out for a precautionary approach while dealing in stock market trading.
全世界对股票市场异常现象的研究方法多种多样，研究结果也是喜忧参半。本研究调查了印度市场指数的财政年度和日历年度效应。印度市场的行业指数根据其在股市中的权重被纳入本研究。从证券交易所网站获取了 2011 年至 2023 年的数据和这些指数的历史价格。分析采用了普通最小二乘法回归法和独立样本 t 检验法。金融服务业的异常现象较弱。因此，研究结果表明，投资者很少有可能利用与异常情况相关的策略来衡量异常回报。随着在线交易机制日益透明，投资者不再有这种可能性。此外，由于 COVID-19、Omicron、俄罗斯-乌克兰、世界经济和金融市场中与签证相关的国际问题等几次冲击，市场动态发生了变化。投资者和市场变得更加谨慎，在股票市场交易时也更加注重预防。
{"title":"Financial Year and Calendar Year Effects Across Indian Sectors: A Revisit from Investors Perspective","authors":"P. Bhatia, Niyati Chaudhary","doi":"10.1177/09728686241262103","DOIUrl":"https://doi.org/10.1177/09728686241262103","url":null,"abstract":"Anomalies in stock markets have been studied with varied approaches worldwide, and mixed outcomes exist. The present study has investigated the financial year and calendar year effect for indices from Indian markets. Sectoral indices from Indian markets have been incorporated in this study on the basis of their weightage in the stock market. Data from 2011 to 2023 have been engaged with historical prices of these indices taken from the stock exchange websites. The analysis has been carried out using the ordinary least squares regression method and the independent sample t-test. Weak anomalies have been documented in the case of the financial services sector. Therefore, the findings indicate rare possibilities for investors to gauge abnormal returns with strategies related to anomalies. With increasing transparency in the online trading mechanism, such possibilities cease to exist for investors. Moreover, market dynamics have transformed on account of several shocks such as COVID-19, Omicron, Russia–Ukraine, Visa-related international issues in the world over economies and financial markets. Investors and markets have become more cautious and look out for a precautionary approach while dealing in stock market trading.","PeriodicalId":509197,"journal":{"name":"Review of Professional Management","volume":"37 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141698236","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 : 2024-07-01DOI: 10.1177/09728686241263661
Radha R. Sharma
{"title":"The Future of Work, Workplace and Workforce","authors":"Radha R. Sharma","doi":"10.1177/09728686241263661","DOIUrl":"https://doi.org/10.1177/09728686241263661","url":null,"abstract":"","PeriodicalId":509197,"journal":{"name":"Review of Professional Management","volume":"21 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141701830","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 : 2024-04-04DOI: 10.1177/09728686241231430
Swathy Krishna, Shacheendran V
Consumption tax evasion (CTE) is an ethical dilemma that can enlarge the presence of the shadow economy. The empirical literature mainly focused on the ethical dimension of the business community, thus there is insufficient literature related to the ethical decision-making process on the consumer’s side. So, the present study attempts to explore the ethical decision-making process of consumers regarding CTE. The study used three major components of Jones’s Issue Contingent Model to study the consumer’s ethical decision-making regarding CTE. The study proposes a conceptual model by linking idealism, relativism, religiosity and attitude with the three components of the issue contingent model. The result of the study was based on primary data collected from consumers in the Kerala State. The data obtained was examined using the PLS-SEM technique which confirms the influence of idealism, relativism and attitude on the moral recognition of consumers regarding CTE. The result also concludes that moral recognition leads to moral judgement, which in turn, plays a vital role in inculcating moral compliance intention in the minds of consumers.
{"title":"Factors Affecting Consumers Compliance Intention: Consumption Tax Evasion as an Ethical Dilemma","authors":"Swathy Krishna, Shacheendran V","doi":"10.1177/09728686241231430","DOIUrl":"https://doi.org/10.1177/09728686241231430","url":null,"abstract":"Consumption tax evasion (CTE) is an ethical dilemma that can enlarge the presence of the shadow economy. The empirical literature mainly focused on the ethical dimension of the business community, thus there is insufficient literature related to the ethical decision-making process on the consumer’s side. So, the present study attempts to explore the ethical decision-making process of consumers regarding CTE. The study used three major components of Jones’s Issue Contingent Model to study the consumer’s ethical decision-making regarding CTE. The study proposes a conceptual model by linking idealism, relativism, religiosity and attitude with the three components of the issue contingent model. The result of the study was based on primary data collected from consumers in the Kerala State. The data obtained was examined using the PLS-SEM technique which confirms the influence of idealism, relativism and attitude on the moral recognition of consumers regarding CTE. The result also concludes that moral recognition leads to moral judgement, which in turn, plays a vital role in inculcating moral compliance intention in the minds of consumers.","PeriodicalId":509197,"journal":{"name":"Review of Professional Management","volume":"33 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140744918","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 : 2023-12-01DOI: 10.1177/09728686231218778
Pushpa Negi, S. Kushwah
During the COVID-19 epidemic, the closing of the plants of numerous automakers and component manufacturers resulted in significant losses throughout the world. Due to a delay in the supply chain and a disruption in the workforce, the industry was experiencing difficult times. Even after the lockdown in India was lifted, Gyration Tyre Ltd, the third-largest tyre manufacturer in the world, struggled to get its operations back on track. This case study highlights the problem of Stock lifting from factories and transporting the same to auto manufacturers after the government announced a nationwide lockdown, effective 25 March 2020, due to the CORONA. Since then, Gyration Tyre Ltd, a multinational company that started making tyres in India in 2010, has kept making tyres, but only at a capacity of at least 20–25%. No one has figured out how the whole amount of production was stored at the factory because there was not enough storage space. The other problem was getting people to work together because the production department needed people there. It also talks about Mr Goal’s difficulties of running production shifts. More importantly, it gives the top management of the company a view of the situation and what they can do if there is a pandemic. Also, they will understand how strategic decisions can be made even though the supply chain and labour force are slowing down and being disrupted in a big way.
{"title":"Catch-22: A Case of Gyration Tyre Ltd","authors":"Pushpa Negi, S. Kushwah","doi":"10.1177/09728686231218778","DOIUrl":"https://doi.org/10.1177/09728686231218778","url":null,"abstract":"During the COVID-19 epidemic, the closing of the plants of numerous automakers and component manufacturers resulted in significant losses throughout the world. Due to a delay in the supply chain and a disruption in the workforce, the industry was experiencing difficult times. Even after the lockdown in India was lifted, Gyration Tyre Ltd, the third-largest tyre manufacturer in the world, struggled to get its operations back on track. This case study highlights the problem of Stock lifting from factories and transporting the same to auto manufacturers after the government announced a nationwide lockdown, effective 25 March 2020, due to the CORONA. Since then, Gyration Tyre Ltd, a multinational company that started making tyres in India in 2010, has kept making tyres, but only at a capacity of at least 20–25%. No one has figured out how the whole amount of production was stored at the factory because there was not enough storage space. The other problem was getting people to work together because the production department needed people there. It also talks about Mr Goal’s difficulties of running production shifts. More importantly, it gives the top management of the company a view of the situation and what they can do if there is a pandemic. Also, they will understand how strategic decisions can be made even though the supply chain and labour force are slowing down and being disrupted in a big way.","PeriodicalId":509197,"journal":{"name":"Review of Professional Management","volume":"18 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139189770","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}
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