Building societies, as we illustrated in the Preface, occupy an important position in the British financial system. There are at present over four hundred societies although this…
Abstract
Building societies, as we illustrated in the Preface, occupy an important position in the British financial system. There are at present over four hundred societies although this industry is highly concentrated, with the ten largest societies (with well developed branch networks) in 1978 accounting for 66 per cent of the total assets.
Hare Krishna Chaudhary, Malini Singh and Pratik Ghosh
This research aims to examine the influence of green technology on guest safety in star-rated hotels. It aims to explore the mediating role of responsible tourism practices in…
Abstract
Purpose
This research aims to examine the influence of green technology on guest safety in star-rated hotels. It aims to explore the mediating role of responsible tourism practices in this relationship and their subsequent effect on guest satisfaction.
Design/methodology/approach
The hypothesis was tested using a cross-sectional study design. Green technology, guest satisfaction, responsible tourism practices and guest safety were evaluated using structural equation modelling (SEM) on 322 responses, analysed with AMOS 24 software.
Findings
Green technology positively influences responsible tourism practices and guest satisfaction, enhancing guest safety perceptions. Responsible tourism practices mediate the relationship between green technology adoption and guest safety. These findings suggest that there is a need of sustainable initiatives and guest-centric approaches in promoting guest safety and satisfaction in hospitality settings.
Practical implications
This study suggests integrating green technology enhances responsible tourism, guest satisfaction and safety perceptions. Prioritizing responsible tourism and guest satisfaction directly improves safety perceptions. Star-rated hotels can foster loyalty by aligning with sustainability and guest-centric principles for safer, enjoyable environments.
Originality/value
Although many studies have examined the relationship between green technology and guest safety, few have explored the connections between green technology adoption, responsible tourism practices, guest satisfaction and guest safety, particularly by investigating the mediating roles of responsible tourism practices and guest satisfaction in star-rated hotels.
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Subhash C. Kundu and Kusum Lata
The purpose of the present study is to investigate the mediating effect of organizational engagement in the relationship between supportive work environment (SWE) and employee…
Abstract
Purpose
The purpose of the present study is to investigate the mediating effect of organizational engagement in the relationship between supportive work environment (SWE) and employee retention.
Design/methodology/approach
Primary data of 211 respondents from 67 organizations were analysed. Confirmatory factor analysis was used to assess the dimensionality and validity of study variables. Further, the hypothesized model was tested with the help of multiple regression analysis.
Findings
The findings suggest that SWE plays a crucial role in predicting employee retention. Organizational engagement partially mediates the relationship between SWE and employee retention.
Research limitations/implications
The data were limited to the Indian setting and of cross-sectional design only; so, it may not be generalized across the world. Further, the sample size is also comparatively smaller but the results are not affected adversely.
Originality/value
The role of SWE along with organizational engagement is currently under-researched in the Indian context. The present study is an intense effort to analyse the mediating effect of organizational engagement in the relationship between SWE and employee retention.
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P.K. GHOSH, A. SARKAR and V.M.K. SASTRI
Natural convection in a square cavity with a centrally located partition is considered. While one of the side walls is fully active, the other is partly insulated. Numerical…
Abstract
Natural convection in a square cavity with a centrally located partition is considered. While one of the side walls is fully active, the other is partly insulated. Numerical simulation, based on the finite element method, has been carried out for different lengths of the active surface. The results have been compared with the cases when the cavity is without partition as well as the case of a partitioned cavity with fully active side walls.
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Shiva Singh and Subrata Kumar Ghosh
The study aims to use nanofluids as coolants for improving heat transfer peculiarities of plate heat exchangers (PHE). The experimental and numerical investigations are thoroughly…
Abstract
Purpose
The study aims to use nanofluids as coolants for improving heat transfer peculiarities of plate heat exchangers (PHE). The experimental and numerical investigations are thoroughly performed using distilled water-based Al2O3, graphene nanoplatelet (GnP) and multi-walled carbon nanotubes (MWCNT) nanofluids.
Design/methodology/approach
The numerical simulation based on Single Phase Model (SPM) was performed on a realistic 3 D model of PHE having similar dimensions as of the actual plate. The standard k-epsilon turbulent model was used to solve the problem. The concentration and flow rate of nanofluids were ranging from 0.1 to 1 Vol.% and 1 to 5 lpm, respectively, at 30°C. Whereas, hot side fluid is distilled water at 2 lpm and 80°C. The heat transfer characteristics such as bulk cold outlet temperature, heat transfer rate (HTR), heat transfer coefficient (HTC), Nusselt number (Nu), pressure drop, pumping power, effectiveness and exergy loss were experimentally evaluated using nanofluids in a PHE.
Findings
The experimental results were then compared with the numerical model. The experimental results revealed maximum enhancement in an average heat transfer rate of 9.86, 14.86 and 17.27% using Al2O3, GnP and MWCNT nanofluids, respectively, at 1 Vol.%. The present computational fluid dynamics model accurately predicts HTR, and the results deviate <1.1% with experiments for all the cases. The temperature and flow distribution show promising results using nanofluids.
Originality/value
The study helps to visualise heat transfer and flow distribution in PHE using different nanofluids under different operating conditions.
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The study aims to empirically examine the effect of bank liquidity creation on non-performing loans (NPLs) in the Middle East and North Africa (MENA) region.
Abstract
Purpose
The study aims to empirically examine the effect of bank liquidity creation on non-performing loans (NPLs) in the Middle East and North Africa (MENA) region.
Design/methodology/approach
Berger and Bouwman's (2009) three-step methodology was employed to calculate the level of liquidity creation of a selected sample of 111 commercial banks in ten MENA countries from 2010–2017. Next, the two-step system generalized method of moments (GMM) estimator was used to investigate the linkage between bank liquidity creation and NPLs.
Findings
The results demonstrated a significant negative effect of bank liquidity creation on NPLs in the short and long term, implying that liquidity creation through both on- and off-balance sheet activities decreases NPLs. These findings accord with the “economic-enhancing” view. Furthermore, regression analysis investigated whether this relationship remained similar for Islamic and conventional banks. The results showed that liquidity creation diminishes Islamic and conventional bank NPLs.
Research limitations/implications
The empirical findings raise several significant policy implications. Bank liquidity creation may decrease rather than increase NPLs, although the process of liquidity creation is viewed as risky by rendering banks more illiquid. Therefore, policy-makers should encourage bank liquidity creation to stimulate the economy. In a robust economy, borrowers are more likely to repay their debts, consequently diminishing banks' NPLs.
Originality/value
To the best of the author's knowledge, the current study is the first to provide empirical evidence on the effect of bank liquidity creation on NPLs in MENA countries.
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Mediated trauma pumped through information and communication technologies (ICTs), in highlighting the shared vulnerabilities and precarity of human lives, is also invested in the…
Abstract
Mediated trauma pumped through information and communication technologies (ICTs), in highlighting the shared vulnerabilities and precarity of human lives, is also invested in the re-distribution and re-articulation of wounding and violence. This chapter examines what is transacted in the dissemination of human trauma through ICTs and how, within this affective architecture, we can come to understand the notions of wounding and woundedness as a pervasive condition of modernity invoking the human figure as continuously transgressed with the enlargement of trauma as a site of the political, visceral and commemorative whilst raising questions over our human qualities to feel as a community of affect through technologies which transmute trauma as part of their material commodification. The transmuting of trauma through technologies in the digital age means that trauma is re-absorbed as data and altered through its platform economics. Equally, trauma can be refracted through the digital terrain as banal content in which the wounded human becomes a transacted form within an incongruous spectrum ranging from the politics of pity to voyeurism. In the digital economy, trauma imagery enters another realm of disorientation in which it is pulled into typologies and vast ahistorical image repertories that hold non-contextual image as data. The digital economy re-modulates trauma through its own modes of (il)logic and turbulence, patterning trauma through its own modes of violence.
Saumen Majumdar, Swati Agarwal and Saibal Ghosh
Sudden and unannounced policy changes by the government that provide banks with windfall deposits creates a challenge in terms of resource deployment. In the process, there is an…
Abstract
Purpose
Sudden and unannounced policy changes by the government that provide banks with windfall deposits creates a challenge in terms of resource deployment. In the process, there is an impact on their risk and returns. Using data on domestic Indian commercial banks, this study aims to examine the impact of such an announcement – the 2016 demonetisation episode – on bank behaviour.
Design/methodology/approach
Using data on domestic Indian commercial banks during 2010–2020, the paper investigates the effect of a sudden and unannounced policy change on their risk and returns. Using the demonetisation undertaken in November 2016 as a natural experiment, the paper applies the difference-in-differences methodology to tease out the causal impact.
Findings
The findings reveal a decline in risk and an increase in returns of state-owned banks, consistent with a flight-to-safety. The response differed in terms of market and accounting measures and across state-owned banks with differing levels of capital and asset quality.
Originality/value
Although several aspects of the demonetisation episode have been well analysed, its impact on banks – the main conduits of the exercise – and in particular on their risk and returns, is an unaddressed area of research. Viewed from this standpoint, this is one of the early studies to undertake a comprehensive empirical analysis on this aspect.
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Jaspreet Kaur, Ratri Parida, Sanjukta Ghosh and Rambabu Lavuri
This study aims to examine the impact of the three dimensions of materialism, namely, possessiveness, envy and non-generosity along with attitude on the purchase intention of…
Abstract
Purpose
This study aims to examine the impact of the three dimensions of materialism, namely, possessiveness, envy and non-generosity along with attitude on the purchase intention of sustainable luxury products.
Design/methodology/approach
The research study contains a descriptive approach to research with a quantitative analysis done with exploratory and confirmatory factor analysis with 229 respondents.
Findings
The findings of the results contribute to research by extending the model of the theory of planned behavior with the material dimensions as an add-on.
Research limitations/implications
The same could have been extended to all major metro cities of Indian where luxury brands are present in malls.
Practical implications
This shows that the consumer with a high level of materialism trait would be a very prospective segment for sustainable luxury brands.
Originality/value
The study shows that the three dimensions of materialism do impact the purchase intention of sustainable luxury producers and these findings will be crucial for devising consumer behavior-based strategies for sustainable luxury brands.