ZARSMI
Management Studies and Economic Systems
2408-9583
2313-5166
2
2
2015
11
01
Microfinance Institutions’ Operational Infrastructure in India: Assessing the Efficiencies through OLS Model
85
93
EN
Karam
Pal Narwal
Haryana School of Business, GJUS&T, Hisar, India
Manoj
Kumar Yadav
Haryana School of Business, GJUS&T, Hisar, India
manojyadav453@gmail.com
This study attempts to examine the operational efficiency of thirty-two microfinance institutions in India. Operational efficiency in microfinance institutions refers to how well microfinance institutions allocate the input resources. Since the study is an exploratory nature, therefore, the data are collected from mix market on annual basis. It covers the seven-year period ranging from 2005-06 to 2012-13. A panel data technique is employed as the key analytical framework.From the statistical analysis, it may be observed that portfolio at risk and borrower per staff member has positive impact on the operational efficiency of microfinance institutions in India. The cost per borrower of MFIs has negative impact on its operational efficiency. The results of study put forward that cost efficient managers of MFIs are superior in managing their loan borrowers and appropriately monitoring MFIs operational costs. Moreover, operational efficiency level of microfinance institutions is supportive in achieving the economies of scale and reduces costs. On the other hand, the future directions may offer an opportunity of public private partnership in augmenting MFIs in India.
Operational efficiency,client,performance,MFI,India
https://www.msaes.org/article_11569.html
https://www.msaes.org/article_11569_1c736701f494b48a0b9995fdb1e78510.pdf
ZARSMI
Management Studies and Economic Systems
2408-9583
2313-5166
2
2
2015
11
01
Psychographic Profiling of Indian Young Adult Consumers of Smartphone - VALS Approach
95
102
EN
M. Prasanna
Mohan Raj
School of Business, Alliance University, Bangalore, Karnataka, India
prasannasaai@gmail.com
Mohammed
Sait A K
Business Development, Coimbatore, TamilNadu, India
The current youth market is characterized as tech-savvy, variety seekers who has been active in using digital technology in unprecedented ways. The market segment defined here comprises of youth adults between the ages 20 to 30, who are more comfortable with purchasing the smartphones than previous generation. There is fierce competition in smartphone market, due to the large selection of devices from a wide range of brands.Thus it is of significant interest to understand the consumer behavior on buying a smart phone.Smartphones are considered to be a lifestyle device than a necessity. This study strives to evaluate snapshot of the differences and similarities among the Smartphone consumers in the given sample of population, and offers a glimpse of the early demographic and behavior trends associated
with new smart phone devices in the Indian markets. This study profiles the consumers into eight segments based on Values and Lifestyle (VALS) model. It is evident from this research that consumers’ brand preferences vary according to their lifestyle segment. The insights from the report provide a better understanding of both the challenges and opportunities that exist as the mobile landscape continues to evolve.
Values and lifestyles,Psychographics,Brand preferences,Customer profiling,Cluster analysis
https://www.msaes.org/article_11570.html
https://www.msaes.org/article_11570_8df19ec3a531f86795c812f0c47de8ef.pdf
ZARSMI
Management Studies and Economic Systems
2408-9583
2313-5166
2
2
2015
11
01
The Role of Public Private Partnership (PPP) in Building Society
103
110
EN
Gaurav
Singh
Department of Rural Management, School for Management Studies, Babasaheb Bhimrao Ambedkar University, (A Central University), Uttar Pradesh, India
gaurav.viet08@gmail.com
Mohammad
Shakeel Khan
Department of Rural Management, School for Management Studies, Babasaheb Bhimrao Ambedkar University, (A Central University), Uttar Pradesh, India
It is found for the last two decades that there has been a rapid rise of PPPs across the world. A government in developing countries like India is using PPP arrangements for improved delivery of infrastructure services and social services. Public Private Partnerships which are an integral part of the new paradigm of good governance policy is the most recent addition in the world of society and economic development in a country. The government has started a number of schemes in joint collaboration with private sectors in order to give national economy an impetus and thus enhancing the pace of economic growth. Indeed PPP has become the demand of modern India for social development. Government of India is building transport (roads, railways, and toll bridges), education, healthcare, waste management, water and other sectors services. So, it goes without saying the contributions of PPPs are becoming the preferred method for public procurement of infrastructure development. And “public–private partnership” also describes a range of possible relationships among public and private entities in the context of infrastructure and services development for society. This paper highlights the concept of PPP in Indian society and study of different PPPs sector-wise in development, It also covers up growth and benefits to the society in developing economy like India by PPP, investigating the bottlenecks of PPP projects in India and suggesting probable solutions for making PPP more effective and successful.
PPP Projects,infrastructure,Joint collaboration,Social Development
https://www.msaes.org/article_11571.html
https://www.msaes.org/article_11571_55f75d1fa6af59de6b27d837e1c1e77b.pdf
ZARSMI
Management Studies and Economic Systems
2408-9583
2313-5166
2
2
2015
11
01
Taxation and the Nigerian Economy: (1994-2012)
111
128
EN
Emmanuel
Ezeji Chigbu
Department of Management Technology, School of Management Technology, Federal University of Technology, Owerri, Imo State, Nigeria
Charles
Odinakachi Njoku
Department of Management Technology, School of Management Technology, Federal University of Technology, Owerri, Imo State, Nigeria
nj_charlie@yahoo.co.uk
The study investigates the impact of taxation on the Nigerian economy for the period 1994 -2012.The dependent variables used in the model includes: Gross Domestic Product (GDP) as a parameter for measuring economic growth, Inflation and unemployment. The objective is this study is to determine how taxation affects these macroeconomic variables. To avoid spurious results, the data set collected from the Central Bank of Nigeria statistical bulletin and Federal Inland Revenue Services was subjected to Augmented Dickey Fuller Unit Root test, which reveals that the variables are stationary. The cointegration test also reveals that the variables are cointegrated and long run relationships exist between the variables. The results of the statistical analysis reveal that positive relationships exist between the explanatory variables (Custom and Excise Duties, Company Income Tax, Personal Income Tax, Petroleum profit tax and Value Added Tax) and the dependent Variables (Gross Domestic Product, Unemployment). But, the individual explanatory variables have not significantly contributed to the growth of the economy; also the explanatory variables have not significantly contributed to the reduction of the high rate unemployment and inflation in Nigeria for the period under review. Study recommends total restructuring of the tax system in the country and the provision of basic amenities (good roads, steady power supply, internal security, etc) which will encourage individuals and corporate organizations to honor their tax obligations in Nigeria.
Economic Growth,unemployment,Taxation,Inflation,Economic Development
https://www.msaes.org/article_11572.html
https://www.msaes.org/article_11572_eda4c52239bb7f045dd5cf2f32f1e6f7.pdf
ZARSMI
Management Studies and Economic Systems
2408-9583
2313-5166
2
2
2015
11
01
Measuring Efficiency of Conventional Life Insurance Companies in Bangladesh and Takaful Life Insurance Companies in Malaysia: A Non-Parametric Approach
129
144
EN
Md.
Omar Faruk
Department of Business Administration, International Islamic University Chittagong, Bangladesh
Arafatur
Rahaman
School of Business Studies, Southeast University, Dhaka, Bangladesh
a.rahaman133@gmail.com
This study is conducted to measure the actual efficiency comparison of life insurance company between Bangladesh and Malaysia. Total 15 life insurance companies’ were selected for the study where 10 conventional life insurance companies’ from Bangladesh and 5 Takaful lifeinsurance companies’ from Malaysia. Authors tried toindicate the problems and way to get exact solutions by using Data Envelopment Analysis (DEA) & Malmquist index to differentiate the contributions of technical change, efficiency change, the pure and scale changes to total factor productivity growth. And some others different way: like their constant return to scale, variable return to scale and operating efficiencies and attempt to show PECH & SECH and in ending of analysis summary of the total life insurances company. Later we used some graph figure to make the study clear and try to evaluate the market position by measuring the efficiencies.This work will help to understand and rethink about life insurances companies of both countries.
Data Envelopment Analysis (DEA),Malmquist Index,Insurance efficiency,Bangladesh and Malaysia
https://www.msaes.org/article_11573.html
https://www.msaes.org/article_11573_f20e30e2094e73d8c63dceccf211da76.pdf
ZARSMI
Management Studies and Economic Systems
2408-9583
2313-5166
2
2
2015
11
01
Understanding Dimensioning of Knowledge Transfer Perspectives
145
156
EN
Michael
Fascia
College of Medicine, School of Clinical Science, University of Edinburgh, Scotland, UK
michael.fascia@sbs.ox.ac.uk
Most current conceptualisation of knowledge transfer emerges from the premise of occidental heritage. This paper examines the dialectical procedure, underpinning the unification of knowledge as an entity, and discusses dimensions of knowledge and knowledge transfer from the practitioner’s perspective. The study asks why, if knowledge is vital for business success and competitive advantage, the transfer of knowledge is rarely a simple unproblematic event. Further, that the creation of knowledge before transfer is recognised within literature as a significant factor in determining a starting point for analogous scrutiny. The theoretical standpoint adopted in this study therefore, looks to synthesise from practical interaction and observation, epistemic principals of ‘knowledge’, which underpins knowledge transfer theories and perspectives from the point of view of Philosophical, Organisational, Psychological and Cultural boundaries. To do this, the study will examine knowledge transfer practices within a large retail environment. The study incorporated (<em>n</em>=20) interviews in and around the workplace. Results indicated that whilst there was a degree of incredulity amongst the knowledge transfer practitioners, the main theme to emerge was that knowledge was less difficult to transfer if the interpretation and experiential relationships of the practitioners aligned to a similar perspective. Findings show that ideologies, especially those associated with religious beliefs, are used to establish successful trends in motivation, interaction, leadership and experience in a business context. This identification of factors and interactions contribute to a wider understanding of the relationship between success and knowledge transfer and thus allows boundaries and parameters to fortify a knowledge transfer arena from which to establish metrics. From this research, more detailed investigation will allow new conceptual models to be considered and existing theoretical models to be re-designed and re-positioned
knowledge,Knowledge transfer,culture,Religion,perspective,experience,subjectivity
https://www.msaes.org/article_11575.html
https://www.msaes.org/article_11575_dc97028b79cab6c997a14f509ac0f87a.pdf
ZARSMI
Management Studies and Economic Systems
2408-9583
2313-5166
2
2
2015
11
01
The Impact of Vocational Training on Poverty Alleviation through Moderation Role of Foreign Funds; Evidence from Southern Punjab
157
171
EN
Asghar
Hayyat
Department of Commerce and Business Administration, Govt. College University, Faisalabad Layyah Campus, Punjab, Pakistan
asgharhayyat@gmail.com
Sajjad
Hussain Chughtai
Department of Commerce and Business Administration, Govt. College University, Faisalabad Layyah Campus, Punjab, Pakistan
sajjadchughtai17@gmail.com
Vocational Training is one of the crucial elements for generation that is going to be a part of skilled workforce of this world of work and to reduce the level of poverty. It quickly enables a person to be a part of competitive workforce by enhancing their skills so that he may cope with the rapidly changing technological job and environment. The core objective of this study is to examine the relationship between Vocational Training and Poverty Alleviation through moderating role of Foreign Funds. Billions of rupees are being utilized by international donors in technical and vocational education to enhance the skills of individuals and to increase the level of income. The method used in this research is simple random sampling technique and 7 big cities of southern Punjab were included. Significance result has been extracted from Southern Punjab where these funds are being utilized and moderation has been proved that there is significant role of foreign funds to boost up the vocational training which alleviate the poverty. To this end the study it proves that there is a significance impact of Vocational Training on Poverty Alleviation and also generated competitive human capital for economic development.
Vocational training,Poverty alleviation,Foreign funds
https://www.msaes.org/article_11576.html
https://www.msaes.org/article_11576_85a0c272f81e5998c1bbbfd7bc0c8039.pdf