Shriram Pandey and Pramod Kumar
This paper aims to understand the Return on Investment (ROI) of academic libraries. It shows different aspects of returns on investment from academic libraries (ROI concept…
Abstract
Purpose
This paper aims to understand the Return on Investment (ROI) of academic libraries. It shows different aspects of returns on investment from academic libraries (ROI concept, components, calculating ROI). The study helps the academic libraries to know the efficiency, performance and achievement in terms of students, research scholars, teachers and staff should be enhanced to increase returns on library investment.
Design/methodology/approach
This research paper discusses various formulas for calculating ROI from the academic library, like the general ROI formula, the concept of origin ROI's formula and models. However, the study set forth some of the limitations. The study is limited to the ROI analysis of academic Libraries. It is believed that study may be helpful to the libraries to understand the concept of return on investment to offer better library services.
Findings
The study helps understands the concept of return on investment from academic libraries and services. In times of economic crisis and budgetary constraints, Library Advocacy needs to determine the economic value of resources in institutions to assist in decision-making. This paper presents more extensive study aimed at recognizing the importance of academic libraries. The economic and social pressure to affirm the position of libraries in academic libraries depends on demonstrating their importance, especially in terms of return on investment. Though it is important to get insight into returns, it has several challenges which are outlined and discussed.
Originality/value
This research can also be useful in decision-making, library collection development and system analysis of the institutional library. ROI presents an essential parameter for increasing the ranking system of the institution. ROI is considered the most important metrics for evaluating the value of libraries is the return on investment.
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Shweta Gupta, Shriram Pandey, Sidhartha Sahoo and Chandra Shekhar Pandey
The study examined the relationship between e-learning usage, creativity, e-learning utility and academic performance among undergraduate (UG) and postgraduate (PG) students at…
Abstract
Purpose
The study examined the relationship between e-learning usage, creativity, e-learning utility and academic performance among undergraduate (UG) and postgraduate (PG) students at Banaras Hindu University (BHU), India.
Design/methodology/approach
The data from 480 students were collected using a cross-sectional survey design. Pearson correlation analysis was performed in order to investigate the association between the variables.
Findings
The results revealed a significant positive correlation between time of use and academic performance (r = 0.294, p < 0.01). However, there was no significant correlation between time of use and the usability of e-learning in the attainment of learning outcomes. Furthermore, there was a negative correlation between time of use and creativity (r = −0.170, p < 0.01).
Practical implications
The results indicate that educators ought to promote consistent utilization of e-learning platforms to enhance scholarly achievements. However, learners should exercise prudence in their usage, as an over-reliance on these platforms may impede their creativity.
Originality/value
This study contributes to the existing body of knowledge regarding the impacts of e-learning on students' academic performance and creativity. Additionally, it offers instructing professionals and students who make use of e-learning platforms information that might be helpful to them.
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Sidhartha Sahoo and Shriram Pandey
This study is an attempt to evaluating the growth of scientific literature in the domain of coronavirus and Covid-19 pandemic research based on scientometric indicators: prolific…
Abstract
Purpose
This study is an attempt to evaluating the growth of scientific literature in the domain of coronavirus and Covid-19 pandemic research based on scientometric indicators: prolific countries and relative citation impact (RCI); influential institutions; author analysis and network, h-index and citation; DC (degree of collaboration), CC (collaboration coefficient), MCI (modified collaboration index) in the subject domain of coronavirus and Covid-19 research.
Design/methodology/approach
The authors adopted approaches to obtain the literature data from Scopus database from 2000 to 2020 by conducting a systematic search using keywords related to the studied subject domain. In total, 15,297 numbers of records were considered for the literature analysis considering the real significant growth of this subject domain. This study presented the scientometric analysis of these publications. Furthermore, statistical correlations have been used to understand the collaboration pattern. Visualization tool VOSviewer is used to construct the co-author network.
Findings
The present study found that 53.57% (8,195) of the research documents published on the open-access platform. Journal of Virology was found to be most preferred journal by the researcher producing around 839(5.48%) articles. USA and China dominate in the research output, and the University of Hong Kong has produced the highest number of research paper 547(3.58%). A significant portion of the research documents are published in the subject domain of medicine (49.70%), followed by immunology and microbiology (35.72%), and biochemistry, genetics and molecular biology subject domains (22.32%). There has been an unparalleled proliferation of publications on COVID-19 since January 2020 and also a significant distribution of research funds across the globe.
Research limitations/implications
The study exclusively examines 15,297 research outputs which have been indexed in the Scopus database from 2000 to 2020 (till 01 April 2020). Thus, documents published in any other different channels and sources which are not covered in Scopus are excluded from the purview of research.
Practical implications
It will be beneficial for researchers and practitioners worldwide for understanding the growth of scientific literature in the coronavirus and COVID-19 and identifying potential collaborator.
Originality/value
Considering the global impact and social distress due to the outbreak of COVID-19 pandemic, this study is significant in the present scenario for identifying the growth of scientific literature in this field and evolving of this domain of research around the globe. The research results are useful to identify valuable research patterns from publications and of developments in the field of coronavirus and COVID-19.
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Pramod Kumar, Shri Ram Pandey and Shweta Gupta
The study aims to investigate returns on investment (ROI) from the academic library of India's top ten leading university libraries in terms of research publication. Librarians…
Abstract
Purpose
The study aims to investigate returns on investment (ROI) from the academic library of India's top ten leading university libraries in terms of research publication. Librarians help academic researchers in a variety of ways. Some of these methods are collection oriented, whilst others are service oriented. The study investigates many factors responsible for the increased or decreased institutional ROI, performance and research out of the institution, such as total library budget, staff, library collection, service and facilities. The ROI % shows the institution's highest and lowest investment return in research publication.
Design/methodology/approach
The study is expiation about ROI from the academic library of India's top ten leading university libraries in terms of research publication. The study is based on primary and secondary data gathered from the Ministry of Education, Government of India and universities ranking in June 2020. The data were compiled from the ranking list regarding total library budgets, staff and research publications for 2017–2020. The research is limited to a ROI analysis of university libraries. The study should aid libraries in better understanding the idea of ROI in order to improve library services. The study then looked at various institutions' ROI from 2017 to 2020.
Findings
The study aims to investigate ROI from the academic library of India's top ten leading university libraries in terms of research publication. This study investigates many factors responsible for the increased or decreased institutional ROI, performance and research out of the institution, such as total library budget, staff, library collection, service and facilities. The study found that the overall highest research output is by the Indian Institute of Science and the lowest by Jamia Millia Islamia among the ten leading university libraries in India.
Originality/value
The ROI study displays the importance of libraries in terms of research publication of the institutions. This research can also support decision-making, library collection development and institutional library system analysis. The library can assist with publications, sponsorships, grants, finances and teaching enhancement research output. The last point justifies the library's increased importance in establishing an organisation's status and obtaining accreditation.
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The present study aims to comprehensively examine the impact of the Union Bank of Switzerland (UBS) takeover of Credit Suisse on the banking and financial services sector in the…
Abstract
Purpose
The present study aims to comprehensively examine the impact of the Union Bank of Switzerland (UBS) takeover of Credit Suisse on the banking and financial services sector in the Indian stock market. To fully comprehend the impact of the event, the study separately investigates the response of private sector banks, public sector banks, overall banking companies and financial services companies to the takeover of the second-largest financial institution in Switzerland.
Design/methodology/approach
The study employs event study methodology, using the market model, to analyze the event's impact on Indian banking and financial services sector stocks. The data consists of daily closing prices of companies included in the Nifty Private Bank Index, Nifty PSU Bank Index, Nifty Bank Index and Nifty Financial Services Index from the National Stock Exchange (NSE). Furthermore, cross-sectional regression analysis has been conducted to explore the factors that drive abnormal returns.
Findings
The empirical findings of the study suggest the event had a heterogeneous impact on the stock prices of Indian banks and financial services companies. While public sector banks experienced a significant negative impact on select days within the event window, the overall Indian banking sector and financial services companies also witnessed notable declines. In contrast, Indian private sector banks were relatively resilient, exhibiting minimal effects. However, the cumulative effect is found to be insignificant for all four categories across different event windows. The study also observed that the cumulative abnormal returns (CARs) were significantly influenced by certain variables during different event windows.
Originality/value
To the best of the authors' knowledge, the present study is the earliest attempt that investigates the impact of the UBS takeover of Credit Suisse on the Indian banking and financial services sector using event study methodology and cross-sectional regression model.
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Ruby Sangar and Santosh Rangnekar
It has been believed that entrepreneurship involves a lot of risk nowadays, yet it is assumed that not being entrepreneurial can be a bigger risk. Enhancement in entrepreneurial…
Abstract
Purpose
It has been believed that entrepreneurship involves a lot of risk nowadays, yet it is assumed that not being entrepreneurial can be a bigger risk. Enhancement in entrepreneurial behaviour can improve performance of the individual as well as that of the organization. This paper aims to propose a conceptual model that empirically examines the relationship of role satisfaction and its dimensions with entrepreneurial behaviour in an Indian context.
Design/methodology/approach
Three hundred and thirty three executives/managers from many organizations in India were approached. Cronbach's α, factor analysis, correlation and regression analyses were applied to check the research hypotheses.
Findings
It was found that most of the variables in the study were having significant relationship. All the hypotheses were supported. Furthermore, achievement, influence, control and affiliation were found to be important predictors of entrepreneurial behaviour.
Research limitations/implications
This paper would help researchers and practitioners to work on these variables in some other cultures and nations also.
Practical implications
Improvement in role satisfaction will enhance the entrepreneurial behaviour among Indian business executives/managers which will improve the overall performance of the organization.
Originality/value
It is an innovative attempt to utilize role satisfaction to improve entrepreneurial behaviour in an Indian framework.
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Gauri Joshi, Dipasha Sharma, Monica Kunte and Shirin Shikalgar
This study aims to explore the patterns of corporate social responsibility (CSR) practices and investments across different ownership groups and relevance of CSR practices in the…
Abstract
Purpose
This study aims to explore the patterns of corporate social responsibility (CSR) practices and investments across different ownership groups and relevance of CSR practices in the vision and mission (V&M) statements of firms.
Design/methodology/approach
The paper uses the neo-institutional theory approach, which explains similarities and differences in the CSR practices of organisations embedded within (and between) similar sectoral contexts. The study accounts the CSR activities of the top 100 companies listed on the Bombay Stock exchange (BSE) based on their ownership and checks the overlap of the CSR activities conducted by the companies with the ongoing social development schemes launched in India during the same of time. The time period between 2017 and 2020 is chosen to analyse the CSR studies. The study uses content analysis technique to derive conclusions. A textual analysis of top 100 listed firms across all ownership groups aimed at understanding patterns of CSR practices opted by the different groups and coherence of CSR patterns in the V&M statements. CSR related keywords were analysed in the V&M statements to understand what influence reporting of CSR practices in the strategic communication of firms.
Findings
Overall analysis indicated that top 100 firms prefer to invest in the areas of “Education”, “Sustainability” “Skill” where public-owned firms preferred towards “Sanitation” and “Environment/Sustainability” showing concurrence with local development goals. Private and foreign groups preferred to park their CSR funds in “Education” and “Skill” development showing coherence with the global agendas. Public-owned firms tend to report more CSR related specifically “Environment’ and “Sustainability” in the strategic documents. However, private and foreign firms do not pay any significance to CSR related keywords in their V&M statements.
Research limitations/implications
Findings suggest that despite of huge CSR investments, private and foreign-owned firms lack CSR focus and communication in their V&M statements, which may create disintegration in the CSR investment and strategic alignment of near-term and future goals. The paper suggests that private and foreign firms should also communicate their CSR practices through their V&M to stakeholders so that CSR practices may not remain mere 2% mandated expenditure by the Government of India.
Originality/value
The study contributes in confirming the success of the CSR policy mandate in supplementing government’s social development programmes along with indications on the role of family firms in accelerating the process of community development as compared to foreign firms. The study also favours integration of CSR disclosures in the V&M statements to gain long-term benefit out of these investments.
Irfan Rashid Ganie, Arunima Haldar, Tahir Ahmad Wani and Hemant Manuj
This study aims to examine the role of institutional investors (using proxy voting and voice) in influencing the decisions and governance landscape of their investee firms.
Abstract
Purpose
This study aims to examine the role of institutional investors (using proxy voting and voice) in influencing the decisions and governance landscape of their investee firms.
Design/methodology/approach
The authors use exploratory research design due to the underdevelopment of the problem phenomena, especially in the context of emerging economies. Using asset management companies (AMC) as a proxy for institutional investors, the authors use a multiple case study design. This design was relevant in the setting as it assured triangulation by studying the same phenomenon across firms with distinct characteristics. The authors sourced the data for the multiple cases from primary sources (such as semi-structured interviews) and secondary sources (such as official Webpages and social media pages of AMC and examination of archival documents). Finally, the authors used qualitative content analysis to analyse the data.
Findings
The findings suggest that shareholder activism by institutional investors has grown in India over the period, particularly in matters related to corporate governance, related party transactions, remuneration and compensation. These AMC in India use proxy voting services for advising on voting resolutions in their investee companies. However, voting by AMC does not generally affect resolution results. This is particularly true in the presence of a high concentration of promoter holdings in investee companies.
Originality/value
The study is a novel attempt in an emerging market context to explore the role of institutional investors in influencing firm decisions and improving the governance landscape of the company using proxy voting and voice. This is especially important as the institutional framework in emerging markets is not as strong as in developed markets.