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The Impact of CSR
on Positive Emotion. Multiple Regression Analysis
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• Deepak
Subba Research Scholar, Department of Management Studies, Indian Institute
of Technology, Roorkee, Uttrakhand, India
• M.K Rao Assistant Professor, Department of Management Studies,
Indian Institute of Technology, Roorkee, Uttrakhand, India
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Over
the decades, corporate social responsibility (CSR) has been viewed
from different perspectives like ethics, marketing, human resource
management, and organizational behaviour by scholars across the
globe. The purpose of this study is to examine the effect of CSR
activities on positive emotions in Asian developing countries, mainly,
India. This study was conducted among the managers of insurance
companies across the Northeast states of India. A sample of 235
managers was collected, and multiple regression analysis was performed
for analyzing the data. In this study, the proposed hypotheses proved
effective. The results indicated that CSR activities related to
social and non-social, employees, government and customers induce
positive emotions among the members of organization. This study
gives new insight to the practitioners as well as researchers. It
shows the possible ways by means of which CSR actions influence
positive emotions that provide a new insight to the existing body
of knowledge. The findings also encouraged managers to rethink about
their CSR policies for inducing pro-social behavior among their
employees.
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Yoga: A Case of
Reverse Innovation
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•
V.V. Ravi Kumar Associate Professor, Symbiosis Institute
of Business Management, Pune, India
•Shubhra Aanand Associate Professor, Symbiosis Institute
of Business Management, Pune, India
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Yoga as a practice
has been followed in India since times immemorial and is believed
to have originated in India. Rishis in ancient India practiced it
as a spiritual discipline to keep themselves fit and healthy. As
migration of people starting happening globally due to business,
education, employment and trade over the past five to six decades,
this tradition got exported to the developed countries from an emerging
market like India. Thus Yoga can be termed as a case of “Reverse
Innovation”. Today a developed country like the United States
of America is among the biggest markets for Yoga apart from many
other developed nations. In view of the all-round health benefits
of Yoga on the human body, 21st June has been declared as the “International
Yoga Day” by the United Nations General Assembly (UNGA). This
paper focuses on the relevance of Yoga as a spiritual practice and
its gradual evolution into a business case of reverse innovation.
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Ascertaining Individual's
Spiritual Growth and Their Performance Orientation |
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• V. Vaidehi
Priyal Research Scholar, PSG Institute of Management, Coimbatore,
Tamil Nadu
• N. Ramkumar Assistant Professor (Senior Grade), PSG Institute
of Management, Coimbatore, Tamil Nadu |
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The
purpose of this study is to measure the individual's performance
orientation based on their spiritual growth. For the present study,
a questionnaire was framed to assess seven spiritual growth parameters
based on eight components, such as approach to physical reality,
mental attitude, emotional makeup, social style, personal power
and leadership style, financial choices, career options and spirituality,
and individual's performance orientation factors: loyalty, workaholic,
goal-orientation. Data from 441 respondents was drawn from service
(academic, hospital, spiritual centre and IT) and manufacturing
(textile and auto component) sectors in Coimbatore, Tamil Nadu (India).
The questionnaire was subjected to reliability analysis and found
to be reliable. It is inferred that individuals in upper hemisphere
are comparatively more loyal and goal-oriented when compared with
individuals in lower hemisphere. The results of this study will
guide researchers, in how performance can be improved by progression
of individuals from lower to higher hemisphere through spiritual
management techniques.
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The Effect of Gender
on Leadership and Its Sub Variables in the Indian Service Sector
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• Pooja
Research Scholar, Department of Management, Birla Institute of Technology,
Lalpur, Ranchi, Jharkhand, India.
• Pranab Kumar Associate professor, Department of Management,
Birla Institute of Technology, Lalpur, Ranchi, Jharkhand, India
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Numerous researches
have been conducted and published which explore the link between
leadership and gender. Still, there is a paucity of such research
in the Indian context. The present study empirically examines the
relation of leadership and its sub variables namely administrative
skills, interpersonal skills and conceptual skills with gender in
the Indian service sector. A total sample of 424 employees across
nine different industries was studied with the help of leadership
skills questionnaire by Peter .G. Northouse (2012). The results
revealed statistical significant relationship (p<.05) between
leadership and gender. The female employees were found to be more
effective leaders as compared to males. The study also support the
notion that diversity management practices much be given due concern
in the organizations and discrimination on the grounds of gender
must be curtailed.
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Capacity of Service
Delivery Facility and Perceived Quality as Determinants of Patient
Service Tangibles in Healthcare Service Delivery Models: An Indian
Outlook
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• Umang Gupta
Research Scholar, Department of Management Studies, Indian Institute
of Technology, Roorkee, India
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Capacity, from the
very beginning has been announced as a key factor in healthcare
service delivery models (HSDM). Academicians as early as the pre-industrial
era have understood the association. In the Indian context scant
research has been done on the relationship with the variables selected
by the authors of this present study. The aim of the study is to
analyze the effect of capacity of service delivery facility on perceived
quality of service delivery institution in India. The study was
completed taking into account 381 samples consisting of all levels
of professionals and patients from various Indian healthcare organizations.
Statistical Tools like Correlation and Regression Analysis by using
SPSS 20.0 have been applied to gain understanding about the relationship
between the two variables. The results have shown that patients
and doctors in the healthcare organizations that were studied do
show importance to perceived quality, and
there exists a positive correlation between capacity and perceived
quality.
The results have implicated that institution wide acceptance regarding
important work related guidelines and mandatory roles is positively
related to perceived quality which in turn calls for action on volume
and capacity management.
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Leadership through
Spiritual Wisdom: The Case of Romania
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• Alexandrina
Maria PAUCEANU Department of Marketing and Management, College of
Commerce and Business Administration Dhofar University, Salalah, Oman
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As a society, there
is great need to change our values and principles towards leadership.
We cannot change the society by just creating laws and policies,
but there is also the need to re-examine our ethical and social
norms. Romania is changing after the bloodshed revolution of 1990's
and its people have been trying to adapt to the market-based economy
and that has put the focus on the appropriate leadership style and
behavior in business operations. In this context, this paper will
investigate the significance of leadership with spiritual wisdom
in Romania.
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Promoting 'Mean':
A Desire Regulating Mechanism for Managers
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• Ganesh
Prasad Das Assistant Professor, Institute of Business and Computer
Studies (IBCS) SOA University, Bhubaneswar, India
• Manoranjan Das Assistant Professor, Institute of Business
and Computer Studies (IBCS) SOA University, Bhubaneswar, India
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The concept of 'mean'
is quite popular in the area of statistics. It does not need any
preliminary and comprehensive explanation for the people who work
in the area of quantitative management. The importance and relevance
of 'mean' in statistics is being studied, researched and emphasized.
Yet, the application and implication of 'mean' in behavioral science
remains as an unexplored area. Here the author projected the relevance
of 'mean' not only as a decision making tool used by statisticians
but most importantly as a tool in the behavioural science area to
solve the behavior and attitude related problems faced by managers.
The objective of this study is to investigate the dynamics of 'mean'
that stimulates change within the organizational system. An analysis
has been made between the Greek philosopher Aristotle's virtue ethics
theory and Lord Krishna's verses in Bhagavad Gita concerning the
existence of 'mean' and its application in the work life of managers.
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One Rank One Pension:
Ethics and Management Implications in Resettlement of Defence Service
Veterans in India
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• Maharajan
K. Research Scholar, Anna University, Chennai, India
• Krishnaveni R Professor, PSG Institute of Management, Coimbatore,
India
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An
estimated 70,000 personnel of the
defence services in India are invariably released at a younger age
to maintain a youthful profile of the armed forces. These personnel
have served the nation during war and peace, and therefore deserve
to be resettled for a peaceful life in the civil society. Such veterans
who are in the prime of life are deprived of a remunerative career
when the socio-economic demands on them are compounding. Ethically,
the veterans need to be laterally employed in the civil sector or
provided with the means to maintain a decent quality of life. Government
of India pays pensions to veterans (ex-servicemen) of army, navy
and air force based on various criteria. However, the management
policies are neither streamlined nor in tune with the ground realities.
For instance, personnel released in the past receive lower pensions
compared to those released later, even though all of them have to
survive in the same socioeconomic conditions. For almost four decades,
veterans have been demanding 'One Rank One Pension'
(OROP) i.e. equal pensions commensurate with the rank and length
of military service, irrespective of the date of release. Even though
the Government of India has agreed to OROP in principle, it is yet
to be implemented thereby forcing the veterans to resort to protests.
This article portrays the ethical and managerial implications of
OROP with a pragmatic view.
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GunaTraya Model:
An Effective Model for Total Quality of Mind and Organisational Development |
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• Chokkalingam
Researcher, SVYAS University, Bangalore
• Sony KumariAssociate Professor, SVYAS University, Bangalore
• K. B. AkhileshProfessor, Indian Institute of Science, Bangalore
•H. R. NagendraChancellor, SVYAS University, Bangalore |
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Health Tourism is one
of the emerging segments of travel and has gained remarkable fame
to India for attracting tourists to cater their health as well as
relaxation needs. Even though a new phenomenon; it is almost surely
to be a major source of income for the country. Ayurveda has been
the USP of health tourism to offer a complete package of travel
experiences with psychological, physical and spiritual wellbeing.
Presently alternative therapy and herbal treatment is widely popular
globally and makes India a major tourist attraction. Hopefully,
within few years India will be the most preferred destination for
best of the health services with holistic healing therapies. Thus,
endorsing Ayurveda through health tourism provides a new dimension
to the hospitality and tourism in India itself. The main purpose
of the paper is to focus on recent developmental trends in health
tourism in India for promoting holistic therapy- Ayurveda in global
context. The study highlights the implementation of ancient therapies
in various hotels and resorts of Odisha as an ancillary service
to provide the guest utmost satisfaction.The scope of the study
only focuses on promoting Ayurvedic remedies as a significant element
of health tourism in hotels and resorts of Odisha. Based on the
data collected through secondary sources, this paper makes an assessment
of the extent of social awareness, innovativeness and responsiveness
of tourism sector for marketing Ayurveda. In the concluding section,
limitations of the study have been discussed and recommendations
provided for undertaking more detailed investigations in the area.
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Implementation
of CRM Processes in Life Insurance Sector: A Customers' Perspective
Analysis |
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• A.
Durai KannanAssistant Professor, Department of Business Administration,
Government Arts College,Tamilnadu, India
• P. VikkramanAssociate Professor, Dept of Management Studies,Anna
University Regional Centre,Coimbator, Tamilnadu, India
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At the turn of the
20th century most of the commercial establishments knew who their
customers were and also understood their individual needs. Accordingly,
these organization fulfilled the aspirations and expectations of
the customer individually and maintained the relationships and loyalties
with the advent of mass marketing, customer relationship become
distant. The technological advances have helped to track the relationship
with the customer and also given the information to analyze the
changing needs/profile of the customer. The life insurance players
are struggling to maintain a good customer relationship due to lack
of personalization of services, lack of transparency in claim settlement,
poor designing polices and poor service quality. CRM processes represents
the steps involved in Customer Relationship Management which focuses
from customer acquisition to customer retention. The present paper
makes an attempt to analyse the customers' perspective on implementation
CRM processes by the Life Insurers.
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Comparative Analysis
of Corporate Cross Cultural Management: A Survey of IT vs. Non IT
Companies of Bangalore |
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• Namrata
KapurResearch Scholar, Dept of Business Studies, MSRIT, Bangalore
• B. JanakiramProfessor, Dept of Business studies, NITTE,
Meenakshi Institute of Technology, Bangalore
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The globalization of
business which is considered as a 'second industrial revolution'
is a trend that makes Cross cultural Human Resource management crucial
for both IT and non IT which are the two most important industrial
sectors in India contributing to the GDP and FOREX reserves today.
The research focuses on finding the variables affecting cross cultural
management and their inter sector analysis (IT vs. non IT) thereby
indicating the best practices, gaps, similarities and dissimilarities
in both. Till date the cross-cultural management has been studied
and evaluated separately for IT and non IT companies but a comparative
evaluation under the umbrella of both has not been undertaken. This
study brings a paradigm shift in focus, from the concept of a traditional
HRM approach in both the segments to a sector specific (IT &
non IT) approach. The results indicate that factors like training,
communication, cultural intelligence
together have a strong positive influence on Cross cultural human
resources management but at the same time the importance and efficacy
of these vary across IT and non IT sector employees. These differences
and the commonalities in both sectors should be considered before
implementing a policy decision in both these sectors.
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Sunk Cost Fallacy:
Effect of Situational Knowledge on Irrational Choices |
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• P.
BalasubramanianAssociate Professor,Amrita School of Business, Amrita
University, Coimbatore, India
• K. KalyanasundaramPh.D. Research Scholar, Amrita School
of Business, Amrita University, Coimbatore, India
• Aravindhan SStudent, Amrita School of Business, Amrita University,
Coimbatore, India
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Sunk cost fallacy or
escalation of commitment is one of the cognitive biases referred
as the characteristic of people justifying more investment because
of the prior investment. Since the costs are beyond recovery, whether
an action taken or not is irrelevant to the decision. Application
of this theory in the field of agriculture is very unique and this
paper aims to establish the irrational choices adopted by the farmers
in selecting a crop. We selected a region in the southern part of
India where coconut is the main crop. We were interested in understanding
the reason behind the farmers continuing with cultivation of coconut
trees with the depletion of water table in the region. Two experiments
were conducted one with the students and another with farmers to
understand a) effect of situational knowledge on the choice of crop,
b) difference between farmers and highly educated professionals
in their decision on the choice of the crop with respect to a specific
situational knowledge and c) difference between the “Coconut
cultivating” farmers and the “Other crop cultivating”
farmers on the reason for obsession with coconut farming. First
experiment was a random and controlled experiment conducted with
128 students of a School of Business. It was a 22experiment with
two factors viz. visual effect and awareness on cost-benefit at
two levels. The aim was to understand the impact of visual photographs
and awareness on cost benefit of dying coconut trees on their decision
to choose alternative crop or status quo. Results prove that there
is a significant relationship between visual effect and the decision
on the selection of crop in spite of clear knowledge on the cost
–benefit. The second experiment was conducted with a randomly
chosen 40 farmers from the region. They were asked to decide on
the crop hypothetically on the basis of the situation of depleting
water table. The experiments prove that irrationality in choices
is more exhibited when people are already committed with investment
in line with the theory of sunk cost fallacy.
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