Advanced Research Publications: Management Journals
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Measuring Post-Merger and Acquisition Performance in Cement Sector of India
No full textThe present study has been carried out with the aim of assessing the impact of mergers and acquisitions on the value of listed firms in Cement sector of India. Mergers and acquisitions have become common business tools, implemented by thousands of companies all over the world. Mergers and acquisitions are used as a means to achieve crucial growth and are becoming more and more accepted as a means for implementing business strategy, whether they involve Indian companies wanting to expand or foreign companies wishing to acquire market share in India. Driven by a philosophy of creating shareholder value, they not only form a new economic, social and cultural environment, but also enable companies to grow faster than competitors and has thus acquired a prominent position in the corporate sector since 60’s throughout the world. The primary objectiveof the present study is to assess the impact of merger and acquisition deals on the operating performance, financial performance and shareholders’ wealth of the samplefirms by comparing their performance before and after the deals. In order to achieve the research objectives, industry adjusted pre and post-merger/ acquisition financial ratios have been estimated and the averages have been computed for all the firms undertaken for the study. Paired sample t-test has been done to check for any statisticallysignificant differencebetween the means pre and post the deals. Overall, the study revealed mixed results with respect to its overall impact on the performance of the firms undertaken for the study.Keywords: Mergers and Acquisitions, Financial Ratios, Operating Performance, Financial Performance, Shareholders WealthHow to cite this article: Shah BA. Measuring Post-Merger and Acquisition Performance in Cement Sector of India. J Adv Res Acct Fin Mgmt 2019; 5(1&2): 8-15
The Role of Public Relations in Enhancing Corporate Social Responsibility of Mobile Telecommunication Network in Ghana
No full textPublic relations is an integral part of organizational structure. Essentially, the research explores the contributions of public relations to the success of corporate social responsibility programs of Mobile Telecommunication Network. Population for the study involved management executives of the company, 5 executives participated, there were purposively sampled. The study used exploratory design through qualitative paradigm. Interview guide was used as an instrument to collect the data and analyzed it thematically. The study showed, corporate social responsibility activities create positive public image and reputation in the minds of stakeholders and brand awareness. It was also revealed that the Public Relations Department of the company is a priority to its corporate social responsibility programs, thus conducting research regarding projects and maintaining a two-way communication between the foundation and its various publics, hence reshaping the practice of public relations. It is concluded that public relations has contributed immensely to the success of corporate social responsibility programs of the company. I recommend that the organization should extend its projects to deprived communities and endeavor to employ more public relations professionals.
Practices for Quality Management System Adopted in the Bridge Construction Projects of Kathmandu, Nepal
No full textQuality management in the project has significant implication from an economic view as well as social point of view. Bridge construction project is located in the local road networks focus on many problems and complex issues among which can be effectively over run by quality management process. The objective of this research is to identify the best system for quality management in bridge construction project. This study is based on the questionnaire with the clients, consultant, contractor who are involved in Bridge construction project. A comprehensive literature review was deployed to generate a set of factors related to Quality management process. In total 84 questionnaires were distributed with the response rate 94.047% to the three key group of projects participants: Contractor, Consultancy and Clients. This involved study of 28 bridges of Local Road Bridge network of Kathmandu district which are in construction phase, completed phase under DoLIDAR, JICA, DDC, RAIDP, DRILP, and RTISWAP. The importance of the individual factors and the group are calculated and ranked by the irrelative important index. Total Quality Management, Quality Assurance and Quality Control ranked highest respectively as a part of quality management practices being followed in projects. The outcome of this study will document the quality management system and assist to improve the quality system of bridge construction project. It focuses to provide a tool and idea for quality management improvement for the sector. It will also assist the contractor, consultancy and clients in understanding the better practices for quality management system in bridge construction process.Keywords: Control Methods, Necessary Measures, ISO StandardsHow to cite this article:Mishra AK. Practices for Quality Management System Adopted in the Bridge Construction Projects of Kathmandu, Nepal. J Adv Res Qual Control Mgmt 2018; 3(1&2): 42-52
Casting Lean ‘Make in India’ Products
No full textHaving faced ineffectiveness of the ‘Make in India’ paradigm, duly launched to rejuvenate Indian manufacturing, there is a need to investigate as to why such unsatisfactory and erratic performance may have resulted? One issue was to review the lack of accent on right product development. Possible constraints were probably the need for lowering the costs of a component? Hence for improving the global competitiveness of Indian manufacturing the ‘Make in India’policy’ing must additionally be supported by concrete strategies and tools. Separately, to improve profitability and reduce wastages a ‘Lean’ thinking has been employed by various practitioners.Various rubrics that are used to define lean include use of tools/ philosophy etc., which have been reviewed as to how they determine its exquisite scope. I further investigate as to why and How the manufacturing of ‘make in India’ Products be dictated using Lean thinking and how options for achieving Leanness could be further driven to product development? Further how should manufacturing competence become worthy of casting a scenario for Lean - ‘Make in India’ – Value flow systems? Moreover, how may the Cast in India scheme be invigorated so that the products are competitively made, sold globally and be able to serve the needs of customers and satisfy them? Through this paper a systematic approach to chart achievement of ‘Lean - Make in India’ objectives is advised.The lean product development is exemplified using a case study.Keywords: “Cast in India”, Manufacturing success, Lean Thinking,Transformation, Production, Weight ReductionHow to cite this article:Thareja P. Casting Lean ‘Make in India’ Products. J Adv Res Qual Control Mgmt 2019; 4(1): 4-17
Leadership Style and Employee Engagement: Mediating Role of Organizational Commitment in Employees of Nepali Commercial Banks
No full textEmployee engagement has captured the attention of managers and researchers. With its investigation, the researchers have found the phenomenon more complex than ever. The purpose of this study is to examine the direct relationships between Leadership style and Employee commitment mediated by Organizational commitment among employees in the private commercial banks of Nepal. A survey questionnaire was used to collect data from 200 employees working in three commercial banks, of which 181 questionnaires were used for further analysis. The Barron and Kenny (2004) regression analysis was conducted to test the hypotheses. Regression results showed a significant relationship between Leadership style & Employee engagement, Organizational commitment & Employee engagement and Leadership style & Organizational commitment. Likewise, Partial mediation was observed among Leadership style, Organizational commitment and Employee engagement. Implications and future direction of the findings of the research are discussed.Keywords: Leadership Style, Employee Engagement, Employee Commitment, Banking SectorHow to cite this article:Lama V, Pokhrel L. Leadership Style and Employee Engagement: Mediating Role of Organizational Commitment in Employees of Nepali Commercial Banks. J Adv Res HR Organ Mqmt 2019; 6(1&2): 40-46
Recruitment Practice and Corporate Performance of Manufacturing Firms in Nigeria
No full textThe studies examine the effect of recruitment practice and corporate performance. The study became necessary, due to the poor implementation of recruitment practice in firms. Specifically, the study was designed to examine the effect of recruitment on corporate performance. Literature review was based on the selected variables for investigation. Two research questions and hypothesis were formulated to guide the study. A cross sectional survey design was used with population size of 3059, the sample size of 354. Taro-Yamene’s estimation formula was used to determine sample size for the study. Questionnaire survey was used as instrument for data collection. Pearson Product Moment Correlation Coefficient was adopted for data analysis and test of hypothesis at 0.05 significant levels using statistical package for social sciences (SPSS) version 20. The result of the analysis revealed that there is a significant and positive relationship between recruitment and corporate performance. Based on the findings, it was concluded that the quality of employee hired has determined corporate performance determined organizational performance. In the light of the above it was recommended that managers should adopt quality recruitment practices which will enhance the intensification of the organization and on best fit approach of recruitment
Modeling the Success Factors of Kaizen using Structural Equation Modeling - A Survey of Industrial Professionals and Academicians
No full textContinuous Improvement or Kaizen approach is a management approach of achieving major enhancement in the process through small incremental improvements in the organizations. This study is an attempt to assess the different success factors of Kaizen for performance improvement of the organizations by obtaining different benefits. Structural Equation Modeling has been applied to ascertain the important benefits of implementing Kaizen issues. Results indicated that small incremental improvements are capable of improving the e economic performance followed by competitive performance and environmental performance.Keywords: Kaizen, Structural Equation Modeling and Performance ParametersHow to cite this article:Singh J, Gandhi SK. Modeling the Success Factors of Kaizen using Structural Equation Modeling - A Survey of Industrial Professionals and Academicians. J Adv Res Qual Control Mgmt 2019; 4(1&2): 18-23
Developing A Service Quality Scale From Distributor Perspective Working With Small & Medium Manufacturing Enterprises
No full textPurpose – The purpose of the current study is to identify the attributes of service quality offered by smallmedium manufacturing enterprises to the distributors engaged with their units. A service quality scale to improve distributors’ working and enhance their performance is proposed in this context.Design/methodology/approach– 101 distributors or their representatives engaged in working with smallmedium manufacturing units of north India responded to a questionnaire survey. The respondents were asked to assess service quality offered by the manufacturing units to the distributor on 1 to 5 perception scale. Construct validation using exploratory factor analysis showed an interpretable latent structure consisting of 5 dimensions. Confirmatory factor analysis developed a valid and reliable service quality measurement scale with 4 dimensions and 12 items.Findings – It was observed that service quality of manufacturing units’ working towards distributors comprises four dimensions viz., Trust, Ease-of-Doing-Business (EODB), Promptness-Courtesy, and Credibility.Research limitations / implications – Snowball sampling was undertaken for this research. The study contributes to developing a valid and reliable measurement scale depicting the manufacturing units’ working towards their distributors in a relatively less-explored sector.Practical implications – The scale developed in this research can be used by managers of small-medium manufacturing units in identification of opportunities for providing service excellence to distributors to facilitate their working and improve performance, thereby mutually benefitting both partners as well asthe whole supply chain.Originality/value - This research provides a framework to researchers to build up more service quality scales in similar situations so that more concrete generalizations can be made
An Analytical Study on Non-Performing Assets of Punjab National Bank
No full textThe loans and advances given to customers are assets for Banks. If customers don’t pay any of the amount that is, either interest or part of principal or both the amounts, the loan turns into bad loan. The nonpayment of interest or principal or both the amounts reduces cash flow for the Bank, which can interrupt budgets and decrease earnings. The provisions for bad or doubtful debts, which are set aside to cover potential losses, reduce the capital available to provide subsequent loans. The losses from defaulted loans are written off against earnings. This is the study about non-performing assets of PNB over the last five years from year 2013-14 to 2017-18.
Media Coverage of Nasik Kumbh Mela (A study of Dainik Bhaskar Newspaper From 26th August, 2015 to 26th September, 2015)
No full textKumbh Mela is a symbol of Hindu Religion and it comes every 12 years at Nasik, Haridwar, Ujjain and Allahabad. Various media houses cover this mela including print, electronic and web media. In this connection, the importance of print media is more than electronic media because of availability of newspaper, magazine or TV. Newspaper and magazine is easily available for the readers and Kumbh Mela visitors also. Now we have questions in mind at present new media is also available, but this is not necessary everyone has smart phone and tools or equipment for using new media. So, printed word has a separate importance during the Kumbh Mela. In this research paper, we elaborate about various types of news, photos and photo captions published by Dainik Bhaskar Newspaper during 26th August, 2015 to 26th September, 2015, and we also put some recommendations needed to publish other types of the news and content during the Kumbh Mela