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This paper aims to present a compact, broadband substrate integrated waveguide (SIW) three-way power divider with improved isolation based on six-port SIW coupler.

The power coupling among the three output ports occurs due to short openings in the narrow walls of the central SIW channel. Performance improvement in the isolation and return loss among ports is achieved using matching posts placed at the input and output ends of the coupling region. This enhances the coupling between TE₁₀ and TE₃₀ modes. The input matching ports enhance the return loss, whereas the isolation is alleviated by both the input and output matching posts. The bandwidth enhancement is achieved by optimizing the outer SIW channel widths.

The measured fractional bandwidth of 27.3% with over 15 dB of isolation and return loss is achieved. The coupling length is 1.55 λ_g at the centre frequency. The power divider achieves better than 15 dB isolation between non-adjacent output ports. The measured reflection and isolation coefficients are in close agreement with simulated results over 8.2 to 10.8 GHz.

Isolation between the adjacent and non-adjacent ports is an important parameter as the reflections from these ports will interfere with signals from other ports reducing the fractional bandwidth of the power divider and affecting the overall performance of the transmitters and receivers.

The authors present the enhancement of isolation between the output non-adjacent ports by optimizing the SIW channel width and matching post in the coupling region to reduce the reflected signals from non-adjacent ports entering into other ports. To the author’s knowledge, this is the only SIW three-way power divider paper showing non-adjacent port isolation among six-port couplers based three-way power dividers.

The case illustrates an entrepreneurial voyage and venture creation and through it helps in identifying the reasons and causes for that venture's failure. It also enables discussion on the importance of planning a venture, more importantly; financing, managing, growing, and ending a venture and on how to avoid the pitfalls that befall such enterprises. This case can be used in Entrepreneurship courses as well as MBA, PGP and Executive Education programmes on Entrepreneurship.

The purpose of this paper is to investigate returns to search (getting a better product and/or a lower price as a result of search) when consumers use/do not use recommendation agents (RAs). Specifically, it studies the effect of RAs/no RAs on decision quality, decision confidence and decision satisfaction taking into account subjective knowledge (SK) and involvement.

This paper employed two between-subjects factorial experimental designs with subjects searching for digital cameras in a simulated online digital camera store. The experiment was conducted with graduate students in Chennai, Bengaluru and Mysore in India.

Results of two online experiments showed that when consumers used RAs, low search led to better decision quality, whereas when consumers did not use RAs, medium search led to optimum decision quality. When consumers use RAs, SK had a U-shaped influence on the decision quality indicating that decision quality was the lowest for those with medium SK. When consumers did not use RAs, the effect of SK on decision quality was an inverted U-shape, indicating optimum decision quality for medium SK consumers. When consumers did not use RAs, subjects with high involvement made better choices, whereas when consumers used RAs, low involvement subjects made better choices. However, subjects who searched more had higher decision confidence and decision satisfaction even if their choices were not better.

The effect of RA vs no RA in conjunction with relevant consumer characteristics influencing decision quality of the consumer is demonstrated in this study. The findings have important managerial, consumer and theoretical contributions to make.

Purpose. This chapter discusses the challenges and different strategies to increase skill development for the future workforce.

Methodology. Multiple sources on the topic were studied and reviewed in this chapter. The idea of skill and its development is discussed in the literature review.

Findings. Different nations’ governments have promoted human capital development by providing up-skilling and retraining programs to balance supply and demand. Skills gaps need to be brought to the attention of stakeholders, such as governments, businesses, and the educational system. Teachers, employers, and other stakeholders need to develop strategies and action plans to ensure that the skills gaps are appropriately identified and adequately addressed. These initiatives must be developed with input from various stakeholders.

Practical Implications. The research results would inform the curriculum, incorporating skill development processes tailored to various scenarios. These findings would aid business organisations in crafting skill development programs that address identified skill gaps. Challenges in skill development would be taken into account during course development, and relevant teaching–learning materials would be created. Key stakeholders, such as accrediting organisations, employers, and students, should exert more influence on academic institutions to prioritise societal demands for economic development.

Originality/Value. The uniqueness and significance of this chapter lie in its concise summary of the strategies to tackle the hurdles in skill development.

The majority of previous studies made on Recycled Concrete Aggregates (RCA) are limited to the utilisation of non-structural grade concrete due to unfavourable physical characteristics of RCA including the higher absorption of water, tending to increased water requirement of concrete. This seriously limits its applicability and as a result it reduces the usage of RCA in structural members. In the present study, the impact of hybrid fibres on cracking behaviour of RCA concrete beams along with the inclusion of reinforcing steel bars under two-point loading system exposed to different sustained elevated temperatures are being investigated.

RCA is substituted for Natural Coarse Aggregates (NCA) at 0, 50 and 100 percentages. The study involves testing of 150 mm cubes and beams of size (700 × 150 × 150) mm, i.e. with steel reinforcing bars along with the addition of 0.35% Steel fibres+ 0.15% polypropylene fibres. The specimens are being exposed to temperatures from 100° to 500°C with 100° interval for 2 h. Studies were made on the post crack analysis, which includes the measurement of crack width, crack length and load at first crack. The crack patterns were analysed in order to understand the effect of fibres and RCA at sustained elevated temperatures.

The result shows that ultimate load carrying capacity of reinforced concrete beams and load at first crack decreases with the raise in temperatures and increased percentage of RCA content in the mix. Further that 100% RCA replacement specimens showed lesser cracks when compared to the other mixes and the inclusion of fibres enhances the flexural capacity of members highlighting the importance of fibres.

RCA can be used for structural purposes and the study can be projected for assessing the performance of real structures with the extent of fire damage when recycled aggregates are used.

Most of recycled materials can be used in the regular concrete which solves two problems namely avoiding the dumping of C&D waste and preventing the usage of natural aggregates. Hence the study provides sustainable option for the production of concrete.

The reduction in capacity of flexural members due to the utilisation of recycled aggregates can be negated by the usage of fibres. Hence improved flexural performance is observed for specimens with fibres at sustained elevated temperatures.

This is a case of a crisis project management which showcases the unpredictable nature of the project and the role of management in handling the crisis. It is the case of a very severe cyclonic storm hitting the city of Visakhapatnam plant during October, 2014. The whole city was devastated and so was the situation in the Steel plant as it was under zero power conditions for around 10 days. This case gives need for managing an integrated steel plant in case of very severe cyclonic storm and documents the sequence of events and managing unforeseen uncertainty using NTCP concepts.

This study attempts to recognize obstacles and barriers to financial inclusion in the agriculture sector, propose a framework based on the inter-contextual link between the barriers and understand the financial exclusion in the agriculture sector at the grassroots level. Previously published research articles were used to identify the barriers to financial inclusion, followed by informal interviews and collaborative discussions with the local farmers of the Sonipat district of Haryana and expert interviews using a structured questionnaire. TISM and MICMAC analysis are used to decern the nature of the relationship among the barriers discovered. The authors find that inadequate financial literacy, a shortage of financial awareness and the reluctance of various financial institutions are significant linkage barriers to strong driving and dependence power. High transaction costs and poor infrastructural support are the independent barriers. The paper identifies these new barriers to financial inclusion in the Indian agriculture sector and the framework depicting financial exclusion in India. This paper only gives a framework of barriers and does not quantify the effect of any relationship identified, but strongly emphasizes granting the Indian agriculture sector broad and simple financial access to advance and strengthen the nation's sustainable, inclusive economic growth.

The purpose of this paper is to examine the short‐term and long‐term stock price volatility changes around bonus and rights issue announcements, using historical volatility estimation and time varying volatility approach.

Changes in volatility around bonus and rights issues have been examined using the following methodologies. First, to capture historical volatility, change in standard deviation for 20 days and 100 days before and after announcement have been examined. Second, change in time varying volatility and unconditional volatility is examined using GARCH (1, 1) model.

The results indicate that the historical volatility has increased after bonus and rights issue announcement. The volatility persistence and unconditional variance have increased after the bonus and rights issue announcements. This evidence, extendable to any other type of issue announcement, is consistent with theories stating that volatility increases after the seasoned capital issue announcements.

This study analyses historical volatility, volatility persistence and unconditional volatility around bonus and rights issue announcements, which has not been observed in the previous literature. This study fills the gap in literature by empirically examining the change in short‐ and long‐term volatility before and after bonus and rights issue announcements. Moreover, measuring volatility using GARCH model overcomes the potential problem of heteroscedasticity associated with cross‐sectional data. The change in volatility persistence and unconditional volatility before and after the announcement are also examined. This study is useful for researchers and practitioners specialized in finance, international business and management, and professionals in the area of commercial policy development in emerging markets.

The authors examine the impacts of corporate announcements on stock returns during the pandemic stress.

The authors employ the event study methodology with the market model on a sample of 90 events (announcement and ex-date).

The authors find that all the corporate announcements do not impact the stock returns in a similar pattern. While the bonus announcement, ex-bonus and ex-split events led to positive significant abnormal returns on the event date, the rights issue and stock-split announcements failed to influence the stock returns. The findings suggest that before making such announcements, the corporates should wait until the market recovers because even the positively impacting events result in negative market responses during pandemic stress.

This study will guide the policymakers to stimulate share prices during such pandemics with the help of various corporate announcements. The investors will be assisted in understanding the stock market mechanism and making wise decisions before reacting to corporate actions during a pandemic or emergency period. While the policymakers are concerned with influencing the share prices, the investors are concerned with the composition of the risk-return parameters in their portfolio. This study will act as an essential investment tool for both.

To the best of the authors’ knowledge, the authors conduct the first-ever study to examine the impacts of corporate announcements during a pandemic stress period that significantly contributes to the literature. The authors examine the announcement effects in India and accurately anticipate that this study will be a pioneer in this field. This study also paves the way for future researches in this area.

On completion of analysis of this case, students would be able to: appreciate the context of a typical delisting decision of a public company that is part of a large business group; analyze the complex nature of the relationships among the promoter shareholders, minority shareholders, government-controlled financial institutions, independent directors and executive directors in such a situation of transfer of value; and develop the best possible course of action for the promoters, independent directors and public shareholders, keeping into consideration the principles of corporate governance and the objective of shareholders’ wealth maximization.

The case presents an opportunity to examine the corporate restructuring and governance issues associated with the delisting attempt of India-based mining company Vedanta Ltd., by its London-based parent company, Vedanta Resources. The case focuses on the conflict of interests between the promoters of a business group and the public shareholders of a subsidiary, and the pivotal roles independent directors and proxy advisory firms play in supporting the public shareholders.

The case can be discussed in a graduate-level corporate strategy course that deals with restructuring and governance issues in companies, especially large group companies. It can also be discussed in a course of corporate governance where students have the opportunity to understand the potential conflict between promoters and other shareholders, and the moderating roles the independent directors and institutions may play in resolving such conflicts.

Teaching notes are available for educators only.

CSS 11: Strategy.