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Article
Publication date: 11 October 2019

Ramaa Arun Kumar and Mahua Paul

This study aims to estimate total factor productivity (TFP) growth for the post-2008 period for selected industries in the manufacturing sector at NIC 3-digit. Total factor…

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Abstract

Purpose

This study aims to estimate total factor productivity (TFP) growth for the post-2008 period for selected industries in the manufacturing sector at NIC 3-digit. Total factor productivity growth (TFPG) estimates are based on the theoretical framework provided by studies such Hall (1988), Abraham et al. (2009) and Crepon et al. (2005) that incorporate market imperfection in labour and product market, thereby modifying the traditional TFP estimation as Solow Residual.

Design/methodology/approach

Based on the theoretical model that incorporates market imperfections in labour as well as product market in modifying the TFP estimates using the Levinsohn–Petrin framework of empirical estimation, the authors have calculated industry wise TFPG for 62 industries at NIC 3-digit level.

Findings

The study finds three distinct trends: first, there are considerable industrial disparities in productivity growth in terms of TFP. The estimates have been found to be higher than the conventional Solow Residual for most industries, indicating the role played by market imperfections in affecting the conventional measure of productivity growth. Second, estimates of bargaining power are found to be lower than those compared to the earlier estimates in Maiti (2013) for the Indian organised manufacturing case for 1998-2005. This observation is commensurate with the observation in recent years of a falling share in labour wage in total output in organised manufacturing sector. Finally, the study also found a statistically significant contribution of greater mechanisation on TFPG while an adverse effect of the rising dependence of organised manufacturing on contractual labour.

Originality/value

The role of market imperfections in measuring TFPG has been undertaken, and it has been found to be an important factor, as the estimated measures vary from the conventional measures of TFPG. Moreover, the study has considered a very recent period from 2008-2015 in estimating TFPG, as well as analysing the factors behind the trends in TFPG at industrial level.

Details

Indian Growth and Development Review, vol. 13 no. 1
Type: Research Article
ISSN: 1753-8254

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Article
Publication date: 19 February 2018

Muneza Kagzi and Mahua Guha

The purpose of this paper is to synthesize the diverse literature on board demographic diversity and to provide avenues for future research.

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Abstract

Purpose

The purpose of this paper is to synthesize the diverse literature on board demographic diversity and to provide avenues for future research.

Design/methodology/approach

The study provides a comprehensive literature review of theoretical and empirical studies published in leading management journals from 1989 to 2015.

Findings

The literature review revealed several aspects that are related to board demographic diversity. These aspects have been classified into: definitions and types of board diversity, dimensions of board demographic diversity, measurement and outcomes of board diversity, reasons for existing conflicting empirical findings about the relationship between board diversity and firm dynamics, and research on mediators and moderators.

Originality/value

Issues pertaining to board demographic diversity identified in this paper have theoretical and practical implications, and include avenues for future research.

Details

Journal of Strategy and Management, vol. 11 no. 1
Type: Research Article
ISSN: 1755-425X

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Article
Publication date: 3 August 2021

P. Pranav, E. Sneha and S. Rani

This paper aims to provide a detailed review of various cutting fluids (CFs).

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Abstract

Purpose

This paper aims to provide a detailed review of various cutting fluids (CFs).

Design/methodology/approach

Friction and wear are inevitable in machine parts in motion. The industrial sector uses various kinds of lubricants, which include engine oils, CFs, hydraulic fluids, greases, etc. to control friction and wear. The main purpose of using CF is to remove heat produced during machining and to reduce cutting forces, tool wear and energy associated with it. Thus, it increases the productivity and quality of the manufacturing process. But more than 80% of the CFs used in the industries now are mineral oil-based. These mineral oils and additives are highly undesirable because of their toxicity, nonbiodegradability, pollution and ecological problems. Hence, these petroleum-based oils in the lubrication system can be substituted with alternatives such as vegetable-based CF. Several studies are being conducted in the field of eco-friendly CFs. Because of the variance in fatty acid profile and availability, the selection of vegetable oils (VOs) is another problem faced nowadays. The present study is focused on bio-based oils and many eco-friendly additives. Various machining processes and comparisons relating to the same have also been made. The aim is to minimize the use of mineral oil and thereby introduce sustainability in production.

Findings

In this present study, bio-based oils, additives and various characteristic behavior of them in machining are being discussed. The VOs are found to be a potential base oil for industrial CFs.

Originality/value

This paper describes the importance of sustainable CFs.

Details

Industrial Lubrication and Tribology, vol. 73 no. 9
Type: Research Article
ISSN: 0036-8792

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Article
Publication date: 3 April 2018

Muneza Kagzi and Mahua Guha

In the wake of inconsistent findings between board diversity and firm performance, the purpose of this paper is to advance the research by examining the linear and non-linear…

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Abstract

Purpose

In the wake of inconsistent findings between board diversity and firm performance, the purpose of this paper is to advance the research by examining the linear and non-linear nature of the relationship between board demographic diversity (gender, age, tenure, and education) and firm performance in Indian knowledge-intensive firms (KIFs).

Design/methodology/approach

This study uses a panel data set of top KIFs in India that is listed in National Stock Exchange’s Top-200 list for the period 2010-2014.

Findings

Results indicate that there exists a positive linear relationship between the overall board demographic diversity index (board gender, age, tenure, and education) and firm performance. Among the effects of individual board diversity variables, the authors have found that board age diversity positively whereas education diversity negatively influences firm performance. Furthermore, gender diversity and tenure diversity do not significantly influence the firm performance.

Research limitations/implications

This study is based on the following demographic factors: gender, age, tenure, and level of education. The authors did not include other demographic variables such as nationality and language.

Practical implications

This research would help knowledge-intensive companies in designing their corporate boards. The results indicate that companies should have more diverse boards to enhance firm performance.

Originality/value

To the best of the authors’ knowledge, this is the first research to examine the effect of the overall board diversity index and individual board demographic diversity indices (gender, age, education, and tenure) on firm performance in the context of KIFs in India.

Details

Benchmarking: An International Journal, vol. 25 no. 3
Type: Research Article
ISSN: 1463-5771

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Article
Publication date: 4 July 2016

Justin Paul, Arun Mittal and Garima Srivastav

In today’s world, with increased competition, service quality has become one of the most popular areas of academic investigation. The purpose of this paper is to examine the…

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Abstract

Purpose

In today’s world, with increased competition, service quality has become one of the most popular areas of academic investigation. The purpose of this paper is to examine the impact of various service quality variables on the overall satisfaction of customers and compare the private and public sector banks using a sample from India.

Design/methodology/approach

With the help of forward stepwise regression, the authors explain how a variety of variables are both negatively and positively influencing customer satisfaction. The authors collected data from 500 respondents in India; 250 of which were customers of private sector banks, and 250 of which were customers of public sector banks. The authors had a response rate of 65 percent.

Findings

In the case of private sector banks, knowledge of products, response to need, solving questions, fast service, quick connection to the right person, and efforts to reduce queuing time were found to be the factors that are positively associated with overall satisfaction. Assistance to the customer, appearance, and follow up are negatively associated with customer satisfaction. On the other hand, in the case of public sector banks, knowledge of the product and fast service are the factors which are associated positively and appearance is the only factor that is negatively associated.

Originality/value

The components of service quality that are positively associated are not the same in public sector banks as they are in private sector banks.

Details

International Journal of Bank Marketing, vol. 34 no. 5
Type: Research Article
ISSN: 0265-2323

Keywords

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Article
Publication date: 9 January 2017

Minati Sahoo, Dharmabrata Mohapatra and Dukhabandhu Sahoo

The purpose of this paper is to study the impact of mining on the livelihood of the inhabitants of Keonjhar district in Odisha, through creation of physical and financial capital…

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Abstract

Purpose

The purpose of this paper is to study the impact of mining on the livelihood of the inhabitants of Keonjhar district in Odisha, through creation of physical and financial capital using the sustainable livelihoods framework.

Design/methodology/approach

Principal component analysis technique and discriminant analysis were used to assess the impact of mining on the financial capital. A cross-tabulation analysis with χ2-test has also been carried out to find its impact on physical capital.

Findings

The study reveals that though iron ore mining helps in the augmentation of financial capital of the households, its impact on physical capital is mixed. Households in mining villages enjoy higher average annual and per capita income than those in nonmining villages. There is also a significant difference in the financial capital index of mining and nonmining villages. Even owning of physical assets like TV and motorcycle is significantly higher in mining villages than its nonmining counterparts. But mining has failed to develop the infrastructural facilities and has rendered most of the agricultural land uncultivated.

Originality/value

It is difficult to sustain the benefits arising out of mining over long run due to its finite life span and calls for policy interventions that can lead to sustainable livelihood to the local inhabitants.

Details

International Journal of Social Economics, vol. 44 no. 1
Type: Research Article
ISSN: 0306-8293

Keywords

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Case study
Publication date: 1 August 2014

Subhadip Roy and Subhalaxmi Mohapatra

The present case study discusses the multi-branded strategy of hotels by the Indian Hotels Company Limited (IHCL) in 2012. The brand architecture of the group in 2012 consisted of…

Abstract

Synopsis

The present case study discusses the multi-branded strategy of hotels by the Indian Hotels Company Limited (IHCL) in 2012. The brand architecture of the group in 2012 consisted of four brands, namely Taj, Vivanta, Gateway and Ginger. However such brand architecture posed quite a few challenges for the group such as positioning, sustain the different brands and avoiding brand dilution since both The Gateway and Vivanta had a tag “by Taj” which could erode the premium associations of the parent brand.

Research methodology

The case is based on secondary research and has been developed using published information collected from online and offline sources. Wherever required, written permission has been obtained from the copyright holders (Exhibits VII-IX). Direct quotes have been properly cited from original sources.

Relevant courses and levels

This case could be a part of the Marketing Management course in an undergraduate Program in Business Management. The specific topics which could be facilitated through this case are Segmenting, Targeting and Positioning. The case could also be a part of a Brand Management course in the same program for specialized subjects where it could illustrate the concept of Brand Architecture. In case of an Executive Education Program, this case can be used to facilitate issues in Marketing as well as Brand Management.

Details

The CASE Journal, vol. 10 no. 2
Type: Case Study
ISSN: 1544-9106

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