Management Journal for Advanced Research
Not a member yet
216 research outputs found
Sort by
A Study on Impact of Foreign Direct Investment and its Challenges Post Liberalization
Get PDFIn the beginning of liberalization when India was facing the financial crises for meeting the external commitments, during the Prime minister Chandra Sekhar government, India had to pledge its gold before World Bank to repay the foreign debts as India had only 25 billion. Therefore, India was bound to opt for liberal economic policy for the inflow and outflow of foreign investment and depreciation of Indian rupees by 300% in comparison of dollar from rupees 8 to rupees 28 per dollar. By which the foreign investors started attracted and investing their funds in India, as the India had and has potential for the growth and diversification of business, since then the India has made remarkable progress in the field of foreign direct Investment but there are lot many challenges and issues needs to be resolved to promote and attract foreign direct investment. The following issues and challenges are listed in the papers: lack of transparent and specific sectoral FDI policy and a limited FDI regime Contributing factors include high tariff rates compared to international standards, a lack of state government decision making power, a limited number of export processing zones, the absence of exit barrier liberalization, stringent labor laws, financial sector reforms, fluctuating exchange rates, and unclear political leadership. In this post, the authors have made an effort to update the best and most plausible conclusions for the justification of foreign direct investment
The E-Payment Trajectory during the Pandemic – The Case of India
Get PDFThis study empirically investigates how the different e-payment methods performed during the pandemic as an alternative medium to the traditional mode of payment. E-payment methods namely Real Time Gross Settlement (RTGS), National Electronic Fund Transfer (NEFT), Aadhaar Enabled Payment System (AEPS), Unified Payments Interface (UPI), and Immediate Payment Service (IMPS) are considered from June 1, 2020, to November 30, 2021, when the global pandemic was at its peak. Secondary daily data are considered in this study collected from the RBI database which was converted into corresponding log natural returns. GARCH (1,1) model was applied as the tool for analysis. It was noted that RTGS, AEPS, and UPI undergo positive volatility whereas NEFT and IMPS undergo negative volatility which enables us to conclude that RTGS, AEPS, and UPI are much more acceptable mediums of payments during the pandemic than the others
Select Firm Specific Determinates and Debt Procurement Policy of Small and Medium Sized Indian Health Sectors Firms: A Generalised Methods of Moment Approach
Get PDFThe study of corporate capital structure is no longer limited to listed, large-scale businesses; rather, the global executive growth of small and medium-sized businesses is a pressing concern that necessitates thorough investigation of the "Capital structure" of such businesses. In the current environment, more research is needed to determine how to create a sophisticated model that will be successful in providing Debt capital towards the health sector businesses. In this regard, the authors attempted to determine the impact of a few firm-specific variables on the debt financing choices made by small and medium-sized health sector companies. To conduct the study, the researchers employed 246 observations for the period 2017-2022, used descriptive statistics, panel unit root test, Wald exogenity and system GMM analysis and concluded that due to the volatility of the debt market, the RBI\u27s interest rate policy, and other variables, SME health sector companies frequently experience financial difficulties. As a result, they are occasionally unable to obtain formal financing. Hence, it is advised that the government, financial institutions, and policymakers adopt a strong SME-focused health sector financing policy in order to increase the sector\u27s financing flexibility and borrower-centricity
Fiscal Deficit and Taxes in India: Some Observations
Get PDFThe national and international evidences suggest that the government projects, and production activities have not been producing considerable returns and profits even to take care of opportunity costs. The attempt in this study is not to focus analytically into public expenditure but delve into some of the important elements and considerations which shaped policy concerns for taxation and their subsequent implications on fiscal deficits and borrowings. Considering the nature of exposition organised in this study, an exploratory analysis is adopted from the viewpoints of expressing critical opinions which are based on existing information and overall fiscal scenario by taking into account of inflation, financial markets, public debt management and economic growth. The behaviour of centre’s direct tax has direct impact on trend of the combined direct tax, but evidently indirect tax of the centre has not produced any significant impact on combined indirect tax due to the fact states’ indirect taxes have been reasonably and strongly stable even when economic growth rate slipped during COVID-19. Gross Fiscal Deficit and revenue deficit are moving in tandem, and this importantly means unless a significant decrease in revenue expenditures is brought down in the form of decline in the current expenditure, the fiscal prudency in bringing the fiscal deficit below the three percent of Gross Domestic Products (GDP) is extremely difficult exercise. The market borrowing as a critical and pre-dominant source of deficit financing has created dynamic changes in both money markets and capital markets. Along with financial deepening, integration of government securities and treasury bills play an important role in deciding particularly short-term financial rates by giving greater substitutability and greater return with almost no risk. The scenario narrated on taxes and borrowing could well produce some mixed implications for macro management and financial sectors. Government should look forward for correcting their fiscal course at least in terms of bringing fiscal deficit closer to the sustainable level while making taxes to strengthen market mechanism
Impact of Macroeconomic Determinants on Economic Growth in India: An Empirical Assessment
Get PDFThe impact of macroeconomic determinants on Indian economic growth measured by GVA is the foundation of this study. There are some factors that affect foreign direct investments. It consists of the country\u27s political stability, trade openness, inflation rate, economic stability, investment policies, rules and regulations imposed on exchange rates, and foreign reserves. Additionally, foreign direct investments both increase trade and provide financial aid. Foreign direct investments have helped the Indian economy\u27s balance of payment issues. This paper\u27s main goal is to examine how macroeconomic factors affect the expansion of the Indian economy. FDI Inflows (FDI), Consumer Price Index (Inflation Rate), Foreign Exchange Rate with US and CPI, whereas the moderate correlation between FDI and GVA exists which is important for the expansion of the Indian economy
Social Inclusion in Education and Role of Emotional Intelligence from the Academic Library’s Perspective
Get PDFSocial inclusion and emotional intelligence are increasingly recognised as critical components in modern education systems. Social inclusion in education ensures that all learners regardless of their background, ability, and socio-economic status feel valued, respected, and supported in the educational environment. Emotional intelligence is vital for understanding and managing the needs and motivations of learners, educators, and other staff members involved in the educational activities. It also involves building strong relationships, resolving conflicts, and creating a collaborative and inclusive campus culture. As classrooms contain learners with diverse demographic characteristics, educators must cultivate emotionally intelligent responses to promote inclusivity in education for equitable and effective learning environment. Libraries emerge as crucial agents of inclusion, offering both emotional and information resources to marginalised learners.
The present paper discusses the effectiveness of academic library services in the context of social inclusion in education in an emotionally intelligent environment. The paper, being a theoretical exploration, is based on primary sources of information like research papers published in this context
The Impact of Effective Team Building in Workplace
Get PDFIn the business world people who come with the organized to work toward a conjoint goal are called teams. The shared vision, cohesion, cooperation, mutual trust, and absolute transparency of the roles and also responsibilities are hallmarks of a high-performance team. In many cases, the HR manager acts as facilitator in the process of building a high-performing team. HR manager\u27s role in creating high-performing teams based on shared responsibilities, mutual trust, and cooperation is examined in this paper. Different team building exercises like games, fun exercises, and group activities are also discussed as a means of effective team building
Diversified Work Environment – A Challenge for Workplace Manager
Get PDFUniqueness is the law of nature. Two individuals are not alike. This law has a great impact on business organization’s work environment. It’s a big challenge to deal with number of individual & group differences at workplace. In this process number of challenges arise such as; staying humble, giving individual recognition, overcoming anger, dealing with anxiety, developing the attitude of acceptance, gender gap, generation gap, inspiring others and accommodating various beliefs. It requires knowledge of psychological aspects of human nature, a good understanding with the individuals, sense of humanity, involvement of informal groups for promoting friendly environment at workplace. The focus of this study is to find out the various challenges arising due to individual differences of number of person from different economic, social, cultural background come together for a common purpose, there are chances of mutual disagreement. It creates disturbance at workplace. If individual differences are not dealt with in a proper manner, it can cause heavy burden to a business organization. So, right action should be taken at right time. So the manager’s role becomes more challenging while dealing with individual and group behavior. Despite this diversity in race, age, gender, native language, political beliefs, religion, sexual orientation and communication style at the workplace, there should be acceptance, respect for each other and team spirit
Optimized and Efficient Authentication in VANET using Blockchain
Get PDFVehicle ad hoc networks (VANETs) are the most exciting area of research in smart transport systems as they provide convenience and safety information to drivers. However, VANET\u27s unique features make security, privacy, and trust management promising issues in the design of VANETs. It is a challenging problem to provide an effective anonymous authentication system in ad hoc vehicle networks (VANETs) with low computational cost. Blockchain technology in VANET offers a decentralized, secure, and reliable database, which is maintained by the network node. Earlier, vehicle authentication is performed whenever the vehicle enters the RSU range. In this paper, authentication will be done if a vehicle fails to travel a certain distance. This decreased number of authentications and time required for it leads to an increase in the efficiency of the system
A Study on Graduate Students\u27 Decision-Making in Selecting Career Avenues
Get PDFDecision making is one of the most crucial aspects of any circumstances encountered by human beings. Moving from one phase of life to the other, leads to dramatic changes in the various internal and external environment, especially when it relates to making a career choice. Such crucial matter, demands rationality and commitment for the decision taken to successfully counter the dynamics of the changed circumstances/environment. Decisions are based on an individual’s ability to take risk and rationale applied to opt for an alternative, amongst the various available. This paper develops a multi-criteria decision-making method (MCDM) to evaluate the graduate student’s attitude towards selecting career options. Simple Additive Weighting (SAW) and Technique for Order Preference by similarity to an ideal solution (TOPSIS) is used for ranking the different career options available to students after graduation