The paper aims to considering quality that comes from quality employees taking discretionary efforts, having right perception towards quality, getting satisfied from their…
Abstract
Purpose
The paper aims to considering quality that comes from quality employees taking discretionary efforts, having right perception towards quality, getting satisfied from their contribution. Exploring the relationship of engagement, perception and satisfaction, and mapping the levels and identifying managerial implications for improving the levels.
Design/methodology/approach
William Kahn’s employee engagement dimensions, Parasuraman and Zeithaml’s quality dimensions and Harter et al.’s satisfaction dimensions applied and variables framed in health-care context, tested and applied. Survey data collected from randomly selected medical and non-medical employees from south Indian state Tamil Nadu health-care organizations, using structured questionnaire.
Findings
Age, experience and roles of the respondents in work have a significant association with the levels. It explores a significant positive relationship of perception, engagement and satisfaction. The study explores an average 28% of employees have high level of engagement, perception (18%) and satisfaction (22%), and the rest fall under moderate and low levels. The roles of the respondents significantly predict the levels.
Originality/value
The study focuses on engagement, perception and satisfaction of employees, not of patients. It registered the responses of trained physicians, nurses and administrative staff. It illustrates human resource strategic importance to improve the levels concerning quality measures.
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Sharda Kumari, Bibhas Chandra and J.K. Pattanayak
The purpose of this paper is to investigate the relationships between personality, motivating factors and herding behaviour of individual investors. Investors’ personality has…
Abstract
Purpose
The purpose of this paper is to investigate the relationships between personality, motivating factors and herding behaviour of individual investors. Investors’ personality has been classified consonant to the personality traits (compliant, aggressive and detached) encapsulated in Horney’s tripartite model.
Design/methodology/approach
To carry out this study, the author surveyed 363 individual investors of the Indian stock market using a structured questionnaire. Structural equation modelling is used to empirically test the relationships between personality, three motivating factors (cognitive capability, emotional factors and social factors) and herding behaviour.
Findings
The result reveals that, expect compliant personality, none shows proclivity towards herding behaviour. Investors possessing compliant personality are more influenced by social motivating factors; however, cognitive factor motivates aggressive personality, inhibiting herding behaviour. Furthermore, investors having detached personality are not influenced by any motivating factors of herding.
Research limitations/implications
The limitation is the difficulty in generalizing the results to overall country populations as the Indian stock market has a huge turnover every day, and the author’s survey consisted of only small sample of individual investors.
Practical implications
The outcomes of this study could possibly unveil a new insight to discern the behaviour of individual investors in the Indian stock market.
Originality/value
The influences of personality on investment choices have been investigated before, but the influence of personality specifically on herding behaviour has not being adequately investigated in an emerging economy like India, as very scanty literature is available on the influence of personality on herding behaviour. The study addresses this gap and further explores the association of personality with different motivating factors that cause herding bias.
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Ali Teta, Abdellah Kouzou and Mohamed Mounir Rezaoui
This paper aims to propose a new configuration of a shunt active power filter (SAPF) connected with a photovoltaic (PV) system through a Z-source inverter (ZSI) topology. This…
Abstract
Purpose
This paper aims to propose a new configuration of a shunt active power filter (SAPF) connected with a photovoltaic (PV) system through a Z-source inverter (ZSI) topology. This topology ensures a single-stage operation and overcomes the limitations of the conventional two-stage operation topologies based on the DC–DC boost converter. The proposed system is designed for the purpose of reducing the total harmonic distortion of the source current by eliminating the current harmonics and exploiting the solar irradiation.
Design/methodology/approach
First, all the main parts of the proposed shunt active power filter are fully described in this paper, and then a PV system based on a Z-source inverter with a maximum power point tracking controller is used to exploit the solar irradiance and solve the problem of discharging of the direct current (DC) capacitor during the filtering process.
Findings
From the extensive simulation tests carried out using MATLAB/Simulink, the obtained results prove that the proposed shunt active power filter performs well despite several operation scenarios, including different load types and under abrupt irradiance.
Originality/value
A new shunt active power filter configuration has been proposed. This configuration benefits from the solar irradiation and overcomes the drawbacks of the conventional configurations by using the Z-source inverter instead of the voltage source inverter and DC–DC boost converter.
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The purpose of this paper is to investigate the relationship between personality traits, risk-taking attitude and investment decisions among potential private investors in a…
Abstract
Purpose
The purpose of this paper is to investigate the relationship between personality traits, risk-taking attitude and investment decisions among potential private investors in a post-Soviet transition country, i.e. Kazakhstan. The study provides valuable insights to investment experts and policymakers to understand investors’ behavior in post-Soviet transition countries.
Design/methodology/approach
A quantitative research method is used to measure personality traits, risk-taking behavior and investment decisions of the respondents. A survey was conducted among the students and teachers of a business school in Kazakhstan. Based on literature review, two multiple regression models were development and tested in this study. Software packages SPSS and EViews were used to analyze the data.
Findings
The findings revealed that personality traits have some impact on an individual’s risk-tolerance behavior, which, in turn, influences investment decisions about stock, securities and bonds. The results of this study imply that investment advisors should consider personal characteristics and individual risk tolerance, among other factors, when giving investment advice to private investors.
Originality/value
At present, there is no study or research available about investors’ behavior and risk-taking attitudes on post-Soviet transition economies. Therefore, this study will contribute significantly toward the understanding of investors’ behavior in these countries and will help policymakers and investment bankers make appropriate suggestions on financial advising.
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Hawariah Dal Nial, Zarina Zakaria and Anna Che Azmi
The study aims to evaluate how different types of assurors and investors’ Big Five personality traits affect the relationship between levels of assurance for Greenhouse Gas (GHG…
Abstract
Purpose
The study aims to evaluate how different types of assurors and investors’ Big Five personality traits affect the relationship between levels of assurance for Greenhouse Gas (GHG) reporting and individual investors' decision-making in social responsible investment (SRI).
Design/methodology/approach
This study adopted an experimental approach with 315 individual investors as participants.
Findings
The results show that there are some differences in the individual investors’ decision-making. Accountants are the preferred assuror. Type of assuror and level of assurance for GHG reporting affect investors’ decision-making, in the presence of different levels of investors’ personality traits, extraversion, openness, conscientiousness and neuroticism. However, individual investors with different levels of agreeableness do not have similar influence.
Originality/value
This study extends the literature on individual investors’ decision-making in socially responsible investment by examining the combination of the type of assuror, level of assurance and investors’ personality traits. This study also observes three different assurors, accountants, engineers and specialists and four different assurance levels – reasonable, hybrid, limited and not specified.
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Rupali Misra, Sumita Srivastava and Devinder Kumar Banwet
In spite of an intuitive appeal regarding association between personality and investment efficacy, there is a dearth of empirical support for the effects of theoretically…
Abstract
Purpose
In spite of an intuitive appeal regarding association between personality and investment efficacy, there is a dearth of empirical support for the effects of theoretically meaningful personality difference on intuitive and analytical ability, which further explains investment efficacy. The current study aims to explore this link using multi-method analysis.
Design/methodology/approach
In Study 1, the experimental protocol captures intuitive responses of naïve investors in four different investment horizons and maps the findings with personality constituents of the Big Five (Costa and McCrae, 1992), while in Study 2, survey of active investors seeks their preference for intuition or deliberation (PID, Betsch, 2004) in decision-making, along with measuring their investment efficacy and analysing the results on the basis their personality Type A vs Type B.
Findings
Subjects with lower extraversion tend to have superior forecasting accuracy for gold and dollar, while those with lower neuroticism have tendency of superior forecasting for dollar and Nifty index in mid-term investment. Further, in Study 2, the results indicate superior intuitive ability, analytical ability and investment efficacy of Type B investors.
Originality/value
The study is unique in two ways. One, it explores the role of personality in ambidextrous decision-making framework, where rationality and intuition iteratively operate in a parallel, yet synchronous, fashion. Two, the study attempts to examine the role of personality in the unique socio-cultural context of an emerging economy such as India with Eastern religious traditions, having strong implications on the personal characteristics of the decision agents.
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Crystal Glenda Rodrigues and Gopalakrishna B.V.
This study aims to analyse the impact of the big five personality traits on the financial risk tolerance of individuals. Furthermore, it also examines the differences in…
Abstract
Purpose
This study aims to analyse the impact of the big five personality traits on the financial risk tolerance of individuals. Furthermore, it also examines the differences in personality traits and financial risk tolerance across four generations: baby boomers, Generation X, millennials and Generation Z.
Design/methodology/approach
The data constituted 869 responses from Indian individuals, collected using a self-administered structured questionnaire using a convenience sampling technique.
Findings
Structural equation modelling analysis showed that openness to experience, extraversion and neuroticism had a significant impact on financial risk tolerance. Multivariate analysis revealed the role of specific personality traits in predicting the financial risk tolerance of generational cohorts. Mean difference showed that millennials and Generation Z had the greatest risk tolerance, whereas the tolerance levels were lower for Generation X and baby boomers.
Research limitations/implications
This research provides insights into the role of personality on financial risk-taking among generational cohorts in India. Thus, these results cannot be generalised for other risk-taking domains or outside the Indian context.
Originality/value
This study’s results align with the pulse rate hypothesis of generational theory and contribute to the growing field of behavioural economics and finance. It provides a perspective of the emerging economy of India, where behavioural finance studies are still at a nascent stage.
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Lijuan Wang, Chunhua Gu, Na Liu, Yindi He and Zhaofang Du
The paper aims to study cut resistant property of basic weft plain-knitted fabric for protective clothing.
Abstract
Purpose
The paper aims to study cut resistant property of basic weft plain-knitted fabric for protective clothing.
Design/methodology/approach
Effects of fiber materials, fabric direction and knitting technology (sinking-depth) were explored, respectively. Cut process of fabric was tracked and the theoretical analysis was provided to evaluate energy transferring of cutting. Fiber-based cut behavior was observed by SEM images. Deformation energy stored in the loop due to yarn bending was regard as initial elastic potential energy of the fabric, which was related to loop structure.
Findings
Cut resistance of the fiber material was the dominant factor for cut resistance of weft plain-knitted fabric, while unit loop structure played a critical role in improving cut resistance.
Social implications
Cut resistance of the fiber material was the dominant factor for cut resistance of weft plain-knitted fabric, while the unit loop structure played a critical role in improving cut resistance.
Originality/value
The paper provides theoretical support of developing flexible protective clothing.
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Saravanan N. and Hosimin Thilagar S.
The purpose of this paper rapid development of various voltage sag compensation techniques in DC bus using ultra-capacitors (UCs) provides satisfactory results when compared with…
Abstract
Purpose
The purpose of this paper rapid development of various voltage sag compensation techniques in DC bus using ultra-capacitors (UCs) provides satisfactory results when compared with required peak power demand for shorter duration. Later, UCs have been used as floating capacitors [1] [2]. Various UCs are available based on internal resistances which also rely on its manufacturing materials, similar to double layer capacitors.
Design/methodology/approach
This paper demonstrates UCs based voltage sag compensation at load side under different working modes of hydraulic pack (HP) in an armored fighting vehicle (AFV). The main sources to supply the HP are 24 V, 400 Ahr battery bank and 20 kW main generator. HP is considered to be the highest power load of a system. 2,500 A inrush current was drawn by HP during initial conditions, and also, this system works in both elevation and azimuth mode. Voltage sag has been varied from 15 to 24 V for different modes. But as per the military standard, electrical systems should operate between 18 and 32 V DC. Because of insufficient terminal voltage, required energy cannot be attained and supplied to the loads. The proposed topology compensated the voltage sag and maintains nominal voltage on a DC bus. The devised circuit has been verified under all possible operating loads such as continuous, intermittent and momentary. The same has been simulated using MATLAB/Simulink and was experimentally verified. The minimum voltage maintained in a DC bus is 22.2 V in simulation, while experimentally, it was 24.2 V.
Findings
For getting higher percentage of efficiency, secondary energy system configuration, mainly designed for electrical vehicles, is needed. It was implemented and same was tested with the fighting vehicle system[1]. The proposed configuration comprises of bank of an UC and a battery bank. The system was finally implemented in AFVs.
Originality/value
The goods vehicles made of UCs can hold very minimum energy because of minimum density of energy. The modified AFV can have minimum charging as well as discharging of rate of energy and, thus, power[3][4]. Thus, the proposed idea of modified vehicle system has influence over significant change in the state of charge.
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Engaged employees assure organizational competitiveness and sustainability. The purpose of this study is to explore the relationship between job resources and employee turnover…
Abstract
Purpose
Engaged employees assure organizational competitiveness and sustainability. The purpose of this study is to explore the relationship between job resources and employee turnover intentions, with employee engagement as a mediating variable.
Design/methodology/approach
Data were collected from 934 employees of eight wholly-owned pharmaceutical industries. The proposed model and hypotheses were evaluated using structural equation modeling. Construct reliability and validity was established through confirmatory factor analysis.
Findings
Data supported the hypothesized relationship. The results show that job autonomy and employee engagement were significantly associated. Supervisory support and employee engagement were significantly associated. However, performance feedback and employee engagement were nonsignificantly associated. Employee engagement had a significant influence on employee turnover intentions. The results further show that employee engagement mediates the association between job resources and employee turnover intentions.
Research limitations/implications
The generalizability of the findings will be constrained due to the research’s pharmaceutical industry focus and cross-sectional data.
Practical implications
The study’s findings will serve as valuable pointers for stakeholders and decision-makers in the pharmacuetical industry to develop a proactive and well-articulated employee engagement intervention to ensure organizational effectiveness, innovativeness and competitiveness.
Originality/value
By empirically demonstrating that employee engagement mediates the nexus of job resources and employee turnover intentions, the study adds to the corpus of literature.