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Management Today, Vol.6, No.4, October-December 2016 |
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Editorial |
Cashless Economy |
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Article 1 |
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Authors |
Shikha Bhargava and Chopra, P. K. |
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DOI |
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Title |
Trends & Traits of Demographic dreamguys in a growing economy like India - A study of youth Preferences |
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Abstract |
Developing countries with huge youth population can use their potential to boost economic growth. For this purpose countries have to invest in their education, health and character. The young generation has specific needs, challenges and aspirations. The economic development would be achieved through quality and number of working people in the population, in other words "demographic dividend", can occur when county's working population is larger than the non-working population i.e. dependents. In order to maximize the dividend, we must ensure that our young working population is well equipped with skills to grab opportunities and other possibilities. The aim of this study is to find out what kind and quality of persons are desirable and in fact expected to be in this working component which we may call as independent and responsible for effecting a phenomenal economic growth of the country in the coming years. A unique picture of youth has emerged from this study. Data are collected through a survey among MBA students and faculty members in Bhopal city. |
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Keywords |
demographic dividend, dreamguys, economic growth demographic dividend, dreamguys, economic growth |
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Article 2 |
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Authors |
Gokul S. Venkataraman and Sivakumar, N. |
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DOI |
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Title |
An Empirical Study of the Impact of Growth Rate of Banks on Bank Profitability and Productivity |
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Abstract |
> Banks are a vital component of the healthy functioning of any economy. This study attempts to understand the growth of banks in India in terms of its business and analyses whether the growth has resulted in better profitability and productivity. Based on a 10 year analysis of data of all scheduled commercial banks in India, the study shows that while bank growth has impacted productivity, it has not been translated into an impact on profitability of banks. Appropriate suggestions have been provided based on the findings of the study. |
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Keywords |
impact of growth rate, banks, bank profitability and productivity |
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Article 3 |
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Author |
Amal Krishna Saha |
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DOI |
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Titlw |
Religion as a Source of Political Power: What the Young Generation of Higher learning thinks about it? An Empirical Approach |
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Abstract |
Religion is an integral part in the lives of the Indian population. It also plays a significant role in the politics of India. The findings of present research suggest that politicians from all walks of life use religious sentiments to attract voters to come in power. Political polarizations of people in religious line create mistrust and disharmony among the population of the country. As a result, social conflicts and violent incidents occur time to time which affect economic activities of the country. Young generations of modern India expect and desire that religious agenda should not be used by the politician rather they should concentrate on human and economic development of the country. |
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Keywords |
economic development; human development; politician; religion |
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Article 4 |
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Author |
Sudarkodi, P |
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DOI |
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Titlw |
Emotional Intelligence in Teaching Fraternity |
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Abstract |
We all have different personalities, different wants and needs, and different ways of showing our emotions. Navigating through this all takes dexterity and cleverness - especially if we hope to succeed in life. This is where emotional intelligence becomes important. Emotional happiness seems to play an important role in shaping the behavior as well as performance of individual's work-life environment. Emotional intelligence is the ability to recognize your emotions, understand what they're telling you, and realize how your emotions affect people around you. Emotional intelligence also involves perception of others to manage relationships more effectively. The study focuses on understanding emotional intelligence of Faculty members in teaching Fraternity in India. This paper examines the impact of four significant aspects of Emotional Intelligence that is self-awareness, self-management, social awareness and relationship management in teaching fraternity. |
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Keywords |
Emotional intelligence, self-management, relationship management, self-awareness, teaching fraternity |
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Article 5 |
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Authors |
Naik Priyanka Umesh, Preetam P. Parab, Reddy, Y. V. |
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DOI |
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Title |
Impact of Stock Split Announcements on Stock Prices and Liquidity: Empirical Evidence from India |
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Abstract |
A stock split announcement is a corporate decision that splits the existing share into a number of shares by reducing its current face value. Basically stock splits are announced either to improve marketability of the share or to convey future profitability of the firm or to make trading in the shares attractive. The present study aims at investigating whether stock split is done in order to maintain the share prices within a normal price range and whether it improves the stock liquidity and also whether it signals any future prospects of the company. The study evaluates 20 splits announced by Nifty 200 companies between January 2012 and December 2015. Based on the results obtained through Event Study Methodology it was concluded that the companies split their shares to reduce the share price in order to make them more affordable and attractive for trading. Whereas the study neither shows any evidence for improvement of stock liquidity nor it indicates any signaling power of the split in the post-split announcement period. |
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Keywords |
stock split, liquidity, event study, average abnormal return (AAR), cumulative average abnormal return (CAAR). |
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Article 6 |
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Authors |
Deepika Saxena and Navneet Joshi |
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DOI |
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Title |
Visibility and Projection of Paradigm Shift in Cashback Industry: A Case of Cashnom.com |
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Abstract |
Cashback! A new buzzword in e-commerce industry which implies the repayment of a particular percentage of money spent on online purchases in the form of cash to the customers. Cashback websites provide customers a certain amount as cashback for their purchases at online shopping sites and tend to make money with the concept of affiliate marketing. The First Global Industry Research Report has identified 235 cashback industry leaders worldwide operating in mature markets like the UK and US as well as booming and developing markets like India, China, Southeast Asia and Latin America. The report has mentioned the presence of cashback leaders in the world including 51 US, 48 UK, 35 EU, 35 Indian, 19 SE Asian, 14 Australian, 12 Chinese, 12 Latin American and nine others have made a mark in the cashback industry. It is the fastest growing with $84 billion plus global industry which has a huge impact on the e-commerce and online retail strategies leading to convince customer to buy online. The present case study is of a new start-up, Cashnom.com - a cashback website, established in November 2015, got operational in January 2016. The study has shown the existing business model used by Cashnom.com and discussed its issues, challenges and their resolutions. Based on the resolutions a new business model has been proposed mentioning a wheel movement concept for generating customer base and profitability. Further areas of concern have also been discussed in the case study. |
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Keywords |
cashback, cashnom.com, e-commerce, wheel movement concept, business model |
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Article 7 |
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Authors |
Mathew C. D. and John Pulparambil |
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DOI |
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Title |
Strategically Managing the M. B. A. Programme, Learning through Convergence Scheme of IGNOU: A Framework for a Practical Approach |
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Abstract |
Indira Gandhi National Open University, largely caters to the distance education requirements of people who are widely disbursed in India and abroad. It has got centers in countries like Japan, Middle East, China etc. IGNOU is well known for its high quality education as far as study materials and student evaluation is concerned. MAC is accredited at 'A' grade by NAAC. After Pre-Degree has been de-linked from tertiary education, there are a lot of unutilized resources in such colleges, both in terms of manpower and infrastructure. IGNOU's policy was to utilize such unutilized resources and conduct courses. The convergence scheme was a synergy of distance and regular education and it has got all the benefits of a full time regular course if the course is offered through face to face mode. IGNOU permitted the institution to charge three times bigger fees than that of distance education courses if the course is offered through complete face to face mode. Even then this fee structure was much less than that of even two-tier or three-tier B-Schools. MAC is a college, situated in a tribal area. The students could avail AICTE recognised MBA programme at affordable cost with the full benefits of a regular full time course. Mar Athanasius College was the only college in Kerala that opted to conduct the programme through face to face mode. The model adopted by Mar Athanasius College (MAC) could be replicated in any Institute which was recognised as a Partner Institute, by IGNOU. |
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Keywords |
IGNOU, Convergence Scheme, Management Studies, Idea Generation |
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Article 8 |
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Author |
Visweswara Rao, C. R. |
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DOI |
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Title |
Book Review |
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Abstract |
Book Review: Kanjula Spandana's Risk Management and Life Insurance: Human Life Value (HLV) Approach (New Delhi: Atlantic Publishers & Distributors (P) Ltd, 2015), pp. 395. |
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Keywords |
Keywords: risk management, life insurance, human life value approach |
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Article 9 |
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Author |
Annavajhula J.C. Bose |
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DOI |
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Titlw |
Book Review |
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Abstract |
Abstract: Books Review: Interrogating Inclusive Growth: Poverty and Inequality in India (Kannan, K.P. 2014. Routledge, New Delhi. ISBN: 978-1-138-79565-5. Hard Cover. Pp.310. Price: INR 795.) and Growth, Inequality and Social Development in India: Is Inclusive Growth Possible? (Nagaraj, R. 2012. Palgrave Macmillan for United Nations Research Institute for Social Development. ISBN: 9781137000767. Pp. 264 (Ebook, pdf). Price: INR 4088 (Kindle Edition). |
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Keywords |
inclusive growth, poverty, inequality, growth, social development |
Management Today