The purpose of this paper is to highlight the fact that investors in the Asian region are shifting their investments from one country to another, in this case, from India to…
Abstract
Purpose
The purpose of this paper is to highlight the fact that investors in the Asian region are shifting their investments from one country to another, in this case, from India to Dubai, in the real estate and infrastructure industry. While countries compete to get investments, competing “values” at the workplace may also influence in attracting the investments. This paper makes use of competing values framework (CVF) to understand this phenomenon and to provide research evidence about differences in workplace cultures in India and Dubai. It is proposed that differences in workplace cultures, besides other non-cultural factors, may influence this phenomenon of shifting of investments between the two countries.
Design/methodology/approach
It is an inductive study to investigate why investors are shifting investments from India to Dubai in the real estate and infrastructure industry. This paper further explores literature to support our claim that workplace cultural differences may be responsible for the shifting investments. Next, this paper identifies the instrument called organizational culture assessment instrument using CVF to collect data and plot the cultural profiles at the two country sites.
Findings
The findings suggest that workplace cultures in the two country locations are different and could be a reason for Indians to shift their investments to Dubai in the real estate and infrastructure sector. There are both cultural and non-cultural factors, which are responsible for the shift in global investments.
Research limitations/implications
The study has several research implications. It highlights the possibility of a shift in global investments because of cultural and non-cultural differences at the workplace. Specifically, it provides evidence that workplace cultures are different in the two countries and could play a role in the competitiveness of firm and countries. This finding has implications for research in the fields of both strategy and international business.However, this is a preliminary study to explore a recent phenomenon and uses data from only one organization in two countries. Therefore, this paper accepts this as a limitation; however, it creates a potential for further exploration in many directions for future research.
Practical implications
Managers in multinational firms have to deal with subsidiaries in different countries with different cultures. While culture is not traditionally considered an important factor, the study highlights that it may have far-reaching influences on financial decisions. Therefore, managers need to understand cultures and create strategies to deal with diverse cultures.
Originality/value
It is perhaps the first attempt to investigate the workplace culture across India and Dubai in the real estate and infrastructure industry through empirical evidence. Further, in the context of shifting global investments across the two countries, it highlights the importance of workplace cultures towards economic and financial implications for countries in the Asian subcontinent.
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Jyoti Kushwaha, Aparna Sharma and Pankaj Singh
This study intends to identify, prioritize and rank the enablers for organizational work–family balance (WFB) planning specifically for working sole mothers by employing the fuzzy…
Abstract
Purpose
This study intends to identify, prioritize and rank the enablers for organizational work–family balance (WFB) planning specifically for working sole mothers by employing the fuzzy Delphi and analytical hierarchy process (AHP) method.
Design/methodology/approach
This paper utilizes the integrated methodology in two steps. Initially, a broad literature review and the fuzzy Delphi method have been utilized to recognize and validate the key WFB enablers. Afterward, the AHP approach has been applied to prioritize and detect the relative importance and rank of identified WFB enablers.
Findings
This paper has identified 9 WFB sub-enablers for working sole mothers under work, family and personal enablers. The work enablers obtain the first rank based on the highest importance weight followed by personal and family enablers. The findings indicate the top five sub-enablers: organizational work–family culture, work from arrangements, emotional intelligence, flexible work schedule and family support.
Research limitations/implications
The findings offer prioritized areas of concern to the human resource managers and administrators to manage these WFB enablers as per their priority in the direction to formulate the organizational WFB policy-planning specifically for sole mothers.
Social implications
The prioritized WFB enablers amongst working sole mothers may help sole mothers to manage their social, family and work-related roles in a more effective manner.
Originality/value
Based on the best of the authors' considerations, this study firstly incorporates the fuzzy Delphi-AHP method to prioritize and rank the WFB enablers to organizational WFB planning for sole mothers.
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Indu K. Murthy, Rakesh Tiwari, G.T. Hegde, M. Beerappa, Kameswar Rao and N.H. Ravindranath
The purpose of this study is to estimate carbon mitigation impacts of project activities in a community forestry project in Andhra Pradesh, India. Measurement and quantification…
Abstract
Purpose
The purpose of this study is to estimate carbon mitigation impacts of project activities in a community forestry project in Andhra Pradesh, India. Measurement and quantification of carbon stocks, monitoring of these stocks over time and projections using models is necessary for assessing the climate change mitigation potential or impacts of all forest development and conservation projects.
Design/methodology/approach
In this study, multiple mitigation assessment methods and models were used to estimate the carbon mitigation impacts – PROCOMAP, TARAM and CATIE, by adopting a three-tier approach similar to Intergovernmental Panel on Climate Change (IPCC) Guidelines.
Findings
There are differences in mitigation potential estimates across models as well as across tiers. The study highlights the strength and weaknesses and/or limitations and advantages of adopting the different approaches and their applicability for estimating mitigation potential of a forestry project. The same could be adopted for a future Reducing Emissions from Deforestation and Forest Degradation (REDD) regime also, given countries may not have the necessary technical capacity and data needed during the post-2012 REDD scheme. While countries with advanced data, technical and research capabilities could use models or, in other words, adopt the Tier-3 approach, countries with data and technical limitations, as in India, could adopt a Tier-2 or Tier-1 approach to begin with.
Research limitations/implications
The limitations and advantages of use of the multiple mitigation models is addressed.
Originality/value
This work would help understand use of three mitigation models by prospective students and researchers and also the data needs and limitations for use of these models.
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Through a survey of 200 employees working in five of the thirty establishments analysed in previous research about the microeconomic effects of reducing the working time (Cahier…
Abstract
Through a survey of 200 employees working in five of the thirty establishments analysed in previous research about the microeconomic effects of reducing the working time (Cahier 25), the consequences on employees of such a reduction can be assessed; and relevant attitudes and aspirations better known.
Tahir Sufi, Bindu Ranga and Indu Ranga
This paper aims to unravel how tourists balance their novel experiences with risk perceptions, psychological resilience and behavioral intentions. Additionally, it explores how…
Abstract
Purpose
This paper aims to unravel how tourists balance their novel experiences with risk perceptions, psychological resilience and behavioral intentions. Additionally, it explores how tourists' personalities moderate the relationship between experiences and travel intentions.
Design/methodology/approach
A total of 234 self-administered questionnaires were distributed to a diverse group of tourists who recently explored the Srinagar region to capture their perspectives. The data obtained was analyzed using Smart PLS-SEM.
Findings
This study revealed that the impact of perceived terror risk on behavioral intentions is not statistically significant. Instead, tourists' experiences significantly influence psychological resilience and behavioral intentions. Tourists with higher resilience are inclined to perceive these experiences as aiding in managing negative feelings.
Research limitations/implications
The study's focus is confined to one conflict zone within the country due to research constraints, excluding other areas.
Practical implications
This research provides practical insights for destination management authorities and highlights areas for improvement for tourism service providers and the government in the Srinagar region, as well as other conflict regions. Emphasizing mutual respect between locals and tourists can foster community-based tourism, enhancing the region's appeal and promoting positive intentions for all involved parties.
Social implications
This study examines how local communities in conflict-affected areas adjust to and manage the presence of tourists, with an emphasis on building resilience and support systems. Additionally, it explores how travel decisions and behaviors are influenced by tourists' perceptions of safety and how these perceptions can influence broader societal attitudes toward areas affected by conflict. Evaluating the local population's economic reliance on tourism may result in changed social dynamics, as well as possible exploitation or over-reliance on industry. Promoting mutual understanding and cultural interchange between locals and visitors may have a positive impact on efforts to promote social cohesion and peacebuilding.
Originality/value
This study broadens the scope of the existing literature on destination attributes in conflict zones, offering a unique perspective on the intrinsic features of this issue. The solutions proposed in this study contribute a novel dimension to the current literature.
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K.S. Murali, Indu K. Murthy and N.H. Ravindranath
Ecological impact of joint forest management (JFM) in India was assessed using the studies undertaken at national, state and forest division levels. It was found that there are…
Abstract
Ecological impact of joint forest management (JFM) in India was assessed using the studies undertaken at national, state and forest division levels. It was found that there are very few studies that have specifically addressed the ecological aspects under JFM. The study noted that there are significant strides made in promoting JFM, but the program still needs to address a lot of inadequacies. Though it is estimated that little over 14 million ha of forests are brought under JFM, covering nearly 50 per cent of the open forests in India, how much of it has developed into good forests is not really known. It also needs to be noted that there are many lacunae in implementation of the program and there are also gaps in policies to promote JFM. The study noted that in four states, i.e. Andhra Pradesh, Madhya Pradesh, Orissa and West Bengal, the recruitment was significant, amounting to 17 per cent of the regenerating individuals. In Karnataka, over 10 per cent of open forest has been brought under JFM, while a lot of wasteland could still be brought under JFM. The JFM plantations are dominated with exotic firewood species and low in timber and non‐timber species, resulting in lower biodiversity. Biomass growth rate was comparatively higher in JFM forests as compared to the national average. Other support activities to JFM indicated that various biomass conservation programs were initiated, installing a substantial number of energy saving and alternate energy devices. However, the study also notes that effectiveness of such support programs is not clearly known in terms of its functioning and biomass saved.
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This case is meant for MBA/MS/executive MBA students.
Abstract
Study level/applicability
This case is meant for MBA/MS/executive MBA students.
Subject area
Entrepreneurship development, leadership.
Case overview
This case is about the successful entrepreneurial journey of Kiran Mazumdar-Shaw, founder of India-based biotechnology company Biocon Limited. Mazumdar-Shaw established Biocon in 1978 as a joint venture company. As a woman entrepreneur, Mazumdar-Shaw faced many challenges and setbacks during her initial days. She overcame these and took Biocon to new heights. Later, Mazumdar-Shaw decided to make a strategic shift in Biocon’s business model – going from manufacturing enzymes to biopharmaceuticals with the vision of making an impact on global health care by providing access to affordable, life-saving drugs.
Expected learning outcomes
The learning outcomes are as follows: understand the ecosystem of women entrepreneurs in developing countries; examine the challenges faced by women entrepreneurs in their entrepreneurial journey and how successful entrepreneurs convert challenges into opportunities; and analyze what entrepreneurial leadership is and understand how these leadership qualities play an important role in the success of entrepreneurial ventures.
Social implications
Mazumdar-Shaw was able to break through the gender barrier that was highly prevalent in Indian society then and successfully established her entrepreneurial venture in biotechnology, a discipline that was still nascent in the1970s. Though she has scaled great heights in the biotechnology area and developed her business, she has remained sensitive to the problems of those who are unable to get affordable medicines. Firmly believing that she should share the prosperity of the company with the poor and the marginalized, Mazumdar-Shaw, through her philanthropic venture, Biocon Foundation, started providing essential drugs at affordable prices to them.
Subject code
CCS 3: Entrepreneurship.
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M.N.F. Nuskiya, Athula Ekanayake, Eshani Beddewela and Ali Meftah Gerged
This study explores the levels of and trends in corporate environmental disclosure (CED) among a sample of Sri Lankan listed companies from 2015 to 2019. Furthermore, this article…
Abstract
Purpose
This study explores the levels of and trends in corporate environmental disclosure (CED) among a sample of Sri Lankan listed companies from 2015 to 2019. Furthermore, this article examines the firm-level determinants of CED, including corporate governance (CG) mechanisms, in Sri Lanka from a multi-theoretical perspective.
Design/methodology/approach
Using a sample of 205 firm-year observations, this paper distinctively applies a panel quantile regression (PQR) model to examine the determinants of CED in Sri Lanka. This method was supported by estimating a two-step generalized method of moment (GMM) model to tackle any possible existence of endogeneity concerns.
Findings
The authors’ findings indicate an increasing trend in CED practice among the sampled companies (i.e. 41 firms, the only adopters of the GRI framework) in Sri Lanka from 2015 to 2019. However, it is still considered at an early stage compared with other developed counterparts. Furthermore, this study suggests that board size, board independence, board meetings, industry type, profitability and firm size are positively associated with CED level. In contrast, and consistent with our expectation, CEO duality is negatively attributed to the disclosed amount of environmental information in the Sri Lankan context.
Research limitations/implications
The authors’ empirical evidence reiterates the crucial need to propagate and promote further substantive CG reforms, mandating CED in Sri Lanka.
Originality/value
The authors’ findings provide much-needed insights for indigenous companies, operating across similar emerging economies, to understand how CED can be incorporated into their reporting process based on the GRI framework in order to enhance their firm value, reduce legitimacy gaps and mitigate other operational risks.
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Hun-Koo Ha, Sang-Won Lee and Zhao Cheng
The objectives of this paper are to estimate the annual Malmquist TFP(total factor productivity) index of Korea and China’s road freight transport with DEA(data envelope analysis…
Abstract
The objectives of this paper are to estimate the annual Malmquist TFP(total factor productivity) index of Korea and China’s road freight transport with DEA(data envelope analysis) and to decompose the index into technical efficiency change and technology change. In the process of the estimation, we used labor, capital, and fuel as input factors and ton-km of road freight transport as output factor. The panel data of Korea and China’s road freight transport industry from 1985 to 2004 are used. The results of the analysis show several points. First, there was no significant improvement in China’s TFP growth before 1997, but there was continuous growth in TFP since 1997 because of constantly increasing domestic freight transport demand. Second, there was downward trend in Korea’s TFP, especially there was a large reduction of productivity in 1998 because of the huge reduction of road freight transport demand during the period of the economic crisis. Third, the technology improvements play a significant role in the TFP growth and the technical efficiency had negative effects on the TFP growth of Korea. However, the technology improvements as well as the technical efficiency had positive effects on the TFP growth of China’s road freight transport industry.
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Durriya Z. Khairullah and Zahid Y. Khairullah
Tests the reliability of an empirical model designed by Szapocznik et al to measure acculturation levels of first‐generation immigrants. Applies model to a demographically diverse…
Abstract
Tests the reliability of an empirical model designed by Szapocznik et al to measure acculturation levels of first‐generation immigrants. Applies model to a demographically diverse sample group of first‐generation Asian‐Indian immigrants in three cities near New York (USA) to establish levels of cultural and behavioural acculturation, and the relevance of demographic variables, such as gender, marital status, religion and occupation. Establishes a series of statistically significant correlations between the variables examined; compares these results with findings of other studies involving different immigrant groups. Asserts that the model provides a reliable basis for assessing acculturation characteristics of immigrants; concludes that the findings of this study provide an objective basis for the development of social and public policy aimed at accommodating acculturation needs of this particular immigrant group.