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Personal financial management is gaining momentum in modern society, as it plays a vital role in shaping the financial behaviour of people looking forward to adequate financial well-being. Hence, people in general and the weaker sections of society in particular are expected to show desirable financial behaviour for achieving individual as well as societal well-being. The present study investigates the impact of socio-economic characteristics on the financial behaviour of migrant workers who have migrated to the state of Tamil Nadu. The primary data were collected using the interview schedule from 200 migrant workers selected using the snowball sampling technique. The results show that migrant workers have mediocre financial behaviour. Furthermore, it is also found that migrant workers’ financial behaviour is not influenced by their socio-economic characteristics, such as gender, age, marital status, family type, and family income. However, the level of education has a significant positive role in shaping the financial behaviour of the migrant workers. The study outlines the need for specially engineered financial education for migrant workers.

This paper aims to analyse how financial literacy (FL) is conceptualised and operationalised in the Indian context.

A systematic literature review (SLR) was conducted using the Preferred Reporting Items for Systematic Reviews and Meta-analyses (PRISMA) protocol. Thirty-six articles published between 2010 and 2020 were considered for analysis. The FL conceptualisation was examined based on knowledge, ability, skill, attitude and confidence elements. The FL operationalisation was analysed using the modified version of the Organisation for Economic Co-operation and Development’s (OECD) Programme for International Student Assessment (PISA) 2012 model for organising the domain for an assessment framework.

The findings indicate that, despite offering operationalisation details of the FL, 13 out of 36 studies did not include a conceptual definition of FL. Of the 23 studies that mentioned a conceptual definition, 87% are primarily focused on the “knowledge” element and only 39% have combined knowledge, ability/skill and attitude elements in defining FL. As in the developed countries, the Indian studies also preferred investment/saving-related contents in their FL measures. The volume of content focusing on the financial landscape is meagre amongst the FL measures used in India and developed countries. The survey instruments of most studies have been designed in the individuals’ context but have failed to measure the extent to which individuals apply the knowledge in performing their day-to-day financial transactions. Further, it was found that 20 out of 36 studies did not convert the FL level of their target groups into a single indicator or operational value.

To the best of our knowledge, this is the first study that explores the FL’s assessment practices in India. Further, this study offers new insights by comparing the contents of FL measures used in Indian studies with those used in developed countries.

The present study analyses the impact of participation in the self-help group (SHG)-based micro-financial activities (PSMFA) on the financial literacy (FL) of women.

The data were collected from Kudumbashree NHG members from the State of Kerala, India, selected through a multi-stage random sampling method. The relationship is examined by employing multiple linear regression (MLR) and artificial neural network (ANN) analyses.

The PSMFA was found to be improving the FL level of SHG members. Participation in FL promotion programmes of the SHGs did not significantly influence the FL of the SHG members. While higher educational levels and increased family income positively influenced the FL of SHG members, factors such as age, occupation, family type and marital status did not exhibit a significant impact.

To the best of our knowledge, the present study is the first to analyse the impact of PSMFA on the FL of the SHG members.

The purpose of this paper is to examine the relationship between Managerial Competence Functional Background of Top Management Teams (FBTMT), Management Control Systems (MCS), Contextual Factors of Planning System (CFPSY) and Cashflow Management Behaviour (CFMB) in the tourism sector in Uganda.

This is a correlational and cross-sectional study utilising a sample of 211 tourism firms (tour operator firms and hotels) and using a questionnaire to enlist responses. Data are analysed using SPSS software.

Results show significant relationships between managerial competence, functional background of top management teams, management control systems, contextual factors of planning system and cashflow management behaviour. Among the independent variables, management control systems is the best predictor of cash flow management behaviour in tourism firms. It is also a significant mediator in the link between management competence and cash flow management behaviour and that between the functional background of top management teams and cashflow management behaviour.

Appropriate cashflow management behaviour of actors in operating, investing and financing activities of tourism firms can be improved through highly developed management competence, strong management control systems, utilisation of varied functional background of top management teams and enabling contextual factors of the planning system. The study operationally defined cash flow management behaviour as any management behaviour that is relevant to cash flow management in a firm's operating, investing and financing activities probably for the first time and this speaks to those financial statement analysts and other stakeholders wishing to infer cash flow management behaviours from the statement of cash flows.

As far as we are aware, no research has been done on the relationship between the cash flow management behaviour of tour operator companies and hotels in Uganda's tourism sector and the internal contingencies of managerial competence, functional background of top management teams, management control systems, and contextual factors of the planning system.

This study aims to assess the financial literacy (FL) level among Indian Muslims. Moreover, the effort was also directed towards determining the various factors affecting such FL.

Secondary data on 5,247 respondents from the Financial Inclusion Insight 2017 database was used. FL was measured based on the Standard and Poor’s Global FinLit survey questions. The study used the generalised structural equation model along with relevant statistical and econometric methods.

The level of FL amongst the Muslims in India was noticed to be poor and highly heterogeneous. Age, marital status, gender, occupation, educational attainment, location, family size, financial inclusion and economic status emerged as the determinants of such FL.

The exploration of FL and the underlying determinants amongst the Indian Muslims has received limited attention in the extant scholarship considering their socio-economic backwardness. In addressing this research gap, to the best of the authors’ knowledge, the study attempts to provide a comprehensive insight into such aspects using a large sample of Indian Muslims for the first time.

This paper aims to identify the variables to measure the impact of the joint venture (JV) on the performance of its partner companies, considering all performance dimensions studied in the literature.

A systematic literature review (SLR) was conducted using Preferred Reporting Items for Systematic Review and Meta-Analysis (PRISMA) protocol guidelines. The study identified 27 articles published between 2000 and 2023 in research areas of business economics, business, management and accounting and economics, econometrics and finance that discuss the effect of JVs on their partners firm performance. The term JV was defined in accordance with the definition of the author Paul Beamish, a renowned author in numerous academic journals, applying in the field of joint venture and performance.

The results show that the effect of JVs on the performance of their partner companies has been studied in companies around the world, from multiple perspectives and indicators, and mainly through the application of statistical methods such as regression analysis.

The current study contributes significantly to the existing and understudied body of knowledge in the literature on the effects of JV development on its partner firm’s performance.

The utilisation of renewable energy sources for generating electricity and potable water is one of the most sustainable approaches in the current scenario. Therefore, the current research aims to design and develop a novel co-generation system to address the electricity and potable water needs of rural areas.

The cogeneration system mainly consists of a solar parabolic dish concentrator (SPDC) system with a concentrated photo-voltaic module at the receiver for electricity generation. It is further integrated with a low-temperature thermal desalination (LTTD) system for generating potable water. Also, a novel corn cob filtration system is introduced for the pre-treatment to reduce the salt content in seawater before circulating it into the receiver of the SPDC system. The designed novel co-generation system has been numerically and experimentally tested to analyse the performance at Karaikal, U.T. of Puducherry, India.

Because of the pre-treatment with a corn cob, the scale formation in the pipes of the SPDC system is significantly reduced, which enhances the efficiency of the system. It is observed that the conductivity, pH and TDS of seawater are reduced significantly after the pre-treatment by the corncob filtration system. Also, the integrated system is capable of generating 6–8 litres of potable water per day.

The integration of the corncob filtration system reduced the scaling formation compared to the general circulation of water in the hoses. Also, the integrated SPDC and LTTD systems are comparatively economical to generate higher yields of clean water than solar stills.