Advances In Management

Indexed in SCOPUS, Chemical Abstracts Services, UGC, NAAS and Indian Citation Index etc.

Advances In Management

Vol. 14(2) June 2021

Corporate sustainability as a value leverage for crisis management - The hybrid organizational model of the Benefit Corporation in the context of the health emergency by COVID-19

Prencipe Antonio, Boffa Danilo and Corsi Christian

Page No: 1-6

The research work aims to investigate how the Benefit Corporation can constitute a valid and functional hybrid business organizational model in order to be able to face with a sustainable approach to business management, the negative socio-economic effects generated by the COVID-19 emergency. This organizational model appears to be functional in the management of adverse business scenarios according to the approaches of the theoretical frameworks of crisis management and disaster management.

From the empirical analysis of the global population of Benefit Corporation companies formed by 2,974 units extracted from the "Corp Impact Database as of 2019, it emerges that their positive involvement towards community, customer, environmental, workers and sustainable governance dimensions can hopefully have a greater capacity to adapt to crisis contexts such as that of COVID-19. Therefore, it is possible to propose the hybrid organizational model of the Benefit Corporation as one of the fundamental pillars of post-crisis socio-economic recovery COVID-19.

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Constraint Analysis in Mushroom Cultivation among Women Mushroom Cultivators in the State of Bihar, India

Sonam, Kala Shishir and Prabhakar P.

Page No: 7-11

Mushroom cultivation is considered as one of the ample opportunities bearing occupations for mushroom growers specially for the women for their livelihood. Mushroom Training Centre in the DRPCAU Pusa University is enthusiastically involved in conducting various training programs on mushroom cultivation. The main objective of the training program on mushroom cultivation is to promote mushroom cultivation as a self-employment venture to improve the socio-economic condition and livelihood of women mushroom cultivators. In this research work, we have discussed the present scenario and addressed the opportunities and challenges in mushroom cultivation among the woman mushroom cultivators. A total of 60 women mushroom growers from 4 blocks of district Samastipur, Bihar, India were selected as respondents.

The data and information obtained from respondents highlighted that a large number of respondents (98.33%) have faced lack of proper marketing channels and management. Majority of respondents (86.66%) reported that the mushroom cultivation process is a time consuming, wasteful, less profitable, low esteemed and cumbersome activity while 95 % of respondents expressed that mushroom cultivation marketing is generally dominated and exploited by the middlemen. The marketing constraint was among the most serious issue in mushroom cultivation together with lack of proper marketing channels, scarcity of quality spawn which are hampering the growth of this self-esteemed venture.

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If managers lead, do employees follow? – Rethinking the role of followership for modern leadership

Busse Ronald and Böttger Julia

Page No: 12-32

Followership is well-researched and yet a partially biased topic. Being a follower is not perceived as achievable as it is with being a leader. This work aims to clarify the awareness and impact of followership by interviewing a group of managers, employees and leadership consultants. Results have been analysed according to the qualitative content analysis procedure by Mayring.

The results show that followership (1) can have serious negative consequences, such as demotivation or resigning, when going into the wrong direction. (2) Followership provides further opportunities to tackle the topic of motivation and self-organization. (3) Different to cults, a positive employee-followership can be built on trust without requiring high sympathy. Conclusively followership pictures itself as the next big topic for the upcoming leadership decade.

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A survey of Self-Help-Groups and Microfinance outreach in Haryana, India

Kumari Sumesh and Mor Surender

Page No: 33-43

This study examined the progress SHGs led to microfinance activities like number of SHGs, the volume of savings, number of SHGs borrowed from banks, loan disbursed, loan outstanding for SHGs and loan outstanding against SHGs in India as well as in Haryana State of India by using secondary data for the period 2007-08 to 2018-19. The study reveals that the growth rate of bank loans disbursed in Haryana has fluctuated compared to the consistent national average. The findings show that the year 2008-09 was the best for India's progress due to the progress in all the parameters of SHGs led microfinance. On the other hand, the year 2008-09 captures remarkable progress in terms of the number of SHGs and number of SHGs with outstanding loans and the year 2017-18 in terms of highest growth of SHGs and outstanding loans against them for Haryana. The correlation analysis indicates a dire need to reduce the outstanding loan against SHGs, the volume of borrowing by SHGs and the loan outstanding against SHGs in Haryana.

The study suggests that the spread of microfinance activities is the need of the hour to tackle the increasing unemployment problem in the State besides generating employment in gainful economic activities. Therefore, strengthening and providing financial support besides a rebate in their banks' outstanding loan against them as SHGs have advanced loans to the poor and vulnerable chunk of the population, which is still to be realised.

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The role of e-commerce in the higher education: the need of value addition in the delivery of e-learning in India

Sibi Akbarali P.T.

Page No: 44-57

There is a scarcity of research on the adoption and use of e-learning in Higher Educational Institutions (HEIs), as well as on the factors influencing students' use of e-learning. As a result, this study investigates factors influencing the use of e-learning in HEIs by examining various models proposed by various scholars. The study is a qualitative investigation. Secondary data is gathered by consulting related research works around the world in order to study and comprehend the factors that influence the use of e-learning and then a slightly modified theoretical model for HEIs in India is proposed.

The HEI that implements technology with ease of use, high speed and effective service delivery on the one hand and highly motivated and positive attitudes of teachers and students who fully participate in the teaching and learning process on the other, will undoubtedly lead to effective e-learning and strong e-loyalty.

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An Empirical Analysis of Assets as a Risk Management Strategy in Portfolios

Busse Ronald and Limmer Michael Georg

Page No: 58-78

In many ways investing is like playing tennis. On an amateur level, the player with the fewest mistakes will win, not the one playing aggressively and taking the biggest risks. The relevance of the work aims towards a growing crowd of young, inexperienced investors, who have come to the stock exchange in the past 12 months since the Corona Crash, in order to participate in the capital market. The specific goal of the work lies in combating the ignorance of the new investors in order to prevent avoidable negative experiences with the capital market by performing an emotion-free analysis.

The fundamental stock analysis should serve as a risk management approach. Companies that are of no interest and pose too many risks for the investor, should be sorted out from the beginning. These investigations are applied to the expansion of the DAX, as part of which a complete fundamental analysis is carried out on Siemens Healthineers on the basis of the developed template. The final result of the analysis suggests that Siemens Healthineers is a useful addition to the DAX based on the indicators examined and that the functionaries' goal of making the DAX more crisis-proof is achieved.

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