5 research outputs found

    Blockchain adoption in sustainable supply chains: Opportunities, challenges, and sustainability impacts across sectors

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    Purpose: This research reviews blockchain technology's integration into modern financial systems, outlining its huge potential to bring about improvement in areas such as transparency, security, and operational efficiency. Based on the challenges of data integrity, fraud prevention, and reduction of intermediaries, the study assesses the transformational role of blockchain in financial institutions. Research Methodology: A mixed-methods approach was taken, where quantitative data from the surveys of 150 financial executives across different types of organizations were combined with qualitative insights from expert interviews. Such statistical analysis, complemented by thematic interpretation, could enable an integrated assessment of blockchain applications and related challenges in the financial sector. Results: The results reveal that blockchain significantly enhances the transparency and security of transactions, hence reducing fraud and manipulation of data. The respondents were very optimistic about the cost reductions due to the elimination of intermediaries. Yet, these are counterbalanced by barriers to wide diffusion, such as scalability issues, regulatory uncertainties, and technical integration complexities that reduce the full potential of blockchain. Limitations: The limitations of the study are the small sample size, which limits the generalization of findings. Further research with larger and more diverse samples is needed to investigate more comprehensively the impact of blockchain on the financial sectors. Contributions: The research, therefore, contributes to discourses on blockchain as a transformative finance technology, giving insights into useful strategic, policy, and technology issues. Novelty: It also presented both opportunities and challenges in view of realizing blockchain's role in digitizing financial ecosystems

    Impact of consumption values on cashless society: influence of perceived costs

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    Purpose: This study aims to investigate the influence of consumption values (functional, social, emotional, epistemic, and conditional) on adopting a cashless society while examining the moderating effect of perceived cost and the mediating effect of cashless readiness. Research Methodology: A quantitative research approach was employed, utilizing a convenience sampling method to collect data from 200 respondents through a survey. Statistical analysis techniques such as structural equation modeling (SEM) were likely used to analyze the data and test the hypothesized relationships. Results: The study reveals that functional, epistemic, and conditional values significantly impact cashless readiness, which in turn affects the adoption of a cashless society. Perceived cost is identified as a significant moderator between cashless readiness and the adoption of a cashless society. Additionally, the findings indicate that cashless readiness partially mediates the relationship between functional, epistemic, and conditional values and the adoption of a cashless society. Limitations: A potential limitation could be the use of a convenience sampling method, which may affect the generalizability of the findings to a larger population. Contributions: The findings of this study could be valuable for mobile financial service providers, banking institutions, and governmental organizations in developing strategies to increase the adoption of digital payment systems. It contributes to the existing literature on consumer behavior and technology adoption, specifically in the context of cashless societies and mobile financial services

    The dramaturgy of ritual performances in Indian parliamentary debates

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    The content, style and form of MPs' performances on the floor of both Houses of the Indian Parliament has undergone dramatic change within the last decade. For example, 97% of the productive hours of the Winter (Nov-Dec) 2010 Session were lost due to intense disruption by MPs across the political spectrum seeking to stall the House. Moreover, an increasing number of Bills are debated for less than an hour, if at all, on the floor of Parliament - raising the conceptual question of whether legislation can still be considered one of parliament's key functions in India. These changes require, at the very least, an attempt to re-conceptualize the meaning and significance attributed to various tropes of parliamentary performances, including those which seemingly subvert all notions of parliamentary procedure, decorum and etiquette. In my thesis, I adopt a novel interdisciplinary analytical framework, drawing upon performance studies, microsociological dramaturgy of face-to-face interaction, interpretations of procedural invocations, rhetorical political analysis and the study of political rituals. My primary research question was whether the concept of ritual could usefully be mapped onto performances of debates in the Indian parliamentary context. I then asked what the significance of the absence or presence of rituals in this context would mean. Two case were studies selected for this analysis, namely the Prevention of Terrorism Act (2001- 2004) and the Women's Reservation Bill (1996-2011), informed by a more general ethnography of the Indian Parliament undertaken for this research. Both studies were chosen using the logic of 'extreme case study selection' as these performances exhibit extreme forms of dramaturgical violence, protest and polarized rhetoric that is increasingly reflective of the everyday performances of the Indian Parliament. In my research, I have adopted an interpretivist-constructivist approach to the ethnographic method and have conducted two tranches of field research in New Delhi for that purpose. My analysis demonstrates the presence of a diverse range of rituals of debate being performed simultaneously during the legislative process within the Indian Parliament, namely, procedural rituals, interpersonal rituals and disruptive rituals. These findings corroborate the broader argument that the study of rituals are integral to an understanding of parliamentary processes. Moreover, instead of dismissing certain aspects of performance (e.g. physical obstruction of debate) as being symptomatic of what many scholars have called the 'decline of parliament', my findings support the cause for re-signifying, or re-reading parliamentary disruption as supporting, rather than diminishing, the processes of political representation and widening the spectrum of forms of political action considered as legitimate modes of political deliberation. The evolution of these newer, sometimes disruptive, forms of representative ritual can be read into wider processes of vernacularization and mediatization currently transforming the ethos, identity and modus operandi of the Indian Parliament
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