Advances In Management

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

Advances In Management

Vol. 6(6) June 2013

Politics Matters in the Public Utility Privatisation and Regulatory Governance: Analytic Hierarchy Process Perspective

Cheng Kuo-Tai

In the study of Cheng and Hebenton10, it is shown that the development of regulatory governance is imited by the capacity of the regulators to enforce regulatory rules and monitor contracts. The objective of this research is to improve understanding of the essential links connecting environmental dimensions and regulatory modes via analytic hierarchy process (AHP), with particular reference to regulatory policy environment. It is suggested that certain political and economic preconditions are necessary for a successful privatization. There is often a political element in the choice of the method to be used for public utility privatisation.

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Team Orientation and Behaviour of Scientists in Agricultural Research Institutes

Manikandan P.

Interdisciplinary orientation and inter-institutional collaboration have become increasingly important in agricultural research institutes. The present study is focused on understanding the team orientation and behaviour of scientists in agricultural research institutes in India, the roles played by them in teamwork and the extent of difficulties faced by them in different stages of teamwork. The values were found to account for only 13.4 to 28.5 per cent of the variations for the task and maintenance skills, indicating that a host of other factors affect the team performance to a considerable extent. Scientists were found to be moderate to strong in all the four roles in teamwork, viz. leader, doer, thinker and carer roles. Notwithstanding these, the scientists do face problems in various stages of teamwork, more specifically in performing and credit sharing stages. The study also brings out certain implications for enhancing the effectiveness of teamwork in organizations.

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An Analysis of Women Entrepreneurs in Asia – Pacific Countries

Shankar Padma

In the recent past, women entrepreneurs have started to play this international trade game. They are the emerging economic forces in the global economy. According to research statistics in 2004, almost two-thirds (63 percent) of all women-owned businesses are privately-held, employing 9.8 million people and generating $1.2 trillion in sales. These statistics reveal that women entrepreneurs have grown tremendously in the world emphasizing greater gender equality and greater competitiveness. Despite witnessing remarkable economic progress and rapid development in the recent decades, gender inequality remains in this region of the world.

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The Entrepreneurial Intention between Reasoned Action and Planned Behavior: Empirical Evidence in the Case of the Tunisian Public Civil Servants

Hajer Hammami* and Habib Affes

The analysis of the entrepreneurial intention makes it possible to apprehend the behaviors leading to the creation of a company. Indeed, the entrepreneurial intention constitutes the first act in the entrepreneurial process and therefore, the study of its subjacent factors is of great range particularly when they are the public civil servants. However, the determinants of the entrepreneurial intention remain still not unanimously identified and rudimentary. We will try in this paper to locate the factors of the entrepreneurial intention while following a comparative approach between the reasoned action theory and the planned behavior theory and adding the necessary refinements. With this intention, we base ourselves on an analysis of the hierarchical regressions for the prediction of the intention of the Tunisian public civil servants.

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The Profile of a Success Women’s Entrepreneur

Moryosseff Iris Gertner

In the last years there has been an increase in women’s inhabitants opening their own business becoming, entrepreneurs either because of willing to start a new career or because of the necessarily to have other income’s options. According to Global Monitor Entrepreneurship (GEM) 2005, 6.6% of the women in Israel are entrepreneur, the same as in Norway, Spain, Ireland, England and France but lower than the rate in USA and Canada (9.4%). The motivation for women’s advance to start entrepreneurial career is divided into two categories: the need to take into account the transition from the corporate world to the raising of new business ventures and the focus on "carrying" the career capital already gained into the new entrepreneurship – embedded career capital Terjesen's research.20

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Demographic Differences and Shopping Behavior of Indian Middle Income Group Users with Debit Cards: An Empirical Analysis

Tripathi Vivek Kumar* and Marwah Tanu

With the advancement of technology and need towards better service provision plastic money in form of cards- debit or credit cards are becoming common now a days. These tools of purchase management are reaching into wallet of nearly all. As a result companies are also eying to leverage the cards benefits as shopping / purchase facilitator. As with the emerging equalities of men and women and their equal and balanced role in shaping up the society, both the genders establish quite active response patterns with respect to debit / credit card spending and use. According to the survey of Reserve Bank of India (RBI) more card holders have reduced the number of cards in their wallet and consolidated spending with a single card in 2011.The proportion of single card holders has grown most in India in 2011 at 90 per cent. The second was the Philippines with 84 per cent, followed by Malaysia (80 per cent). The use of cards is perceived differently by various consumer classes. Women might be bigger spenders than men but they use their debit cards less frequently, says a survey by the RBI published in business today. The present study explores various behavioural aspects associated with two broad consumer classes Men and Women belonging to middle income group of tier II cities towards this tool.

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Awareness of Customers on Service Quality of Public Sector Banks in Varanasi

Tripathi Swati

Service quality is a competitive weapon in the banking industry. As competition becomes more concentrated and environmental factors become more argumentative, the concern for service quality grows. Retention of customer is the ultimate successful performance of any banking sector. To develop reputation and gain customer loyalty, a study of the performance of the banks is done to see if the perception of service quality has an effect on the banks. It is also an eye-opener for the banks to see the gap between customer expectation and perceptions regarding the quality of services provided which should further act as a motivation which results, increases reputation and achieves customer loyalty. The banks have to prepare their marketing plans and strategies on the basis of the customers segment to reap the competitive advantages. The paper aims to study the gap score of public sector banks in Varanasi city.

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A Study on Pricing Behaviour of Indian Stock Market – An Empirical Analysis of Selected Information contented in Union Budget 2012

Dinesh S.1* and Purohit N.K.2

This study aims to find out the pricing behaviour of Indian stock market with reference to infrastructure industry and banking industry on selected information from union budget 2012. Infrastructure is one of the fast growing industries. For the development of this sector govt., has announced a bill in present budget. Similarly banking industry also had undergone many changes in order to reduce the inflation rate. The data are collected from NSE S&P CNX Nifty which contains 50 companies in which 17 companies were selected for this study. The list consists of 10 infrastructure industry and 7 banking industry. This index follows the methodology of free flow market capitalization method. The banking industry has attained a change in their prices due to the budget announcement. The highest return attained by the script in banking industry is 9.48% by SBI bank.

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Success and Failure of Interest Rate Futures in India

Srivastava Divya* and Srivastava Shashi

During the last decade, the increased volatility in interest rate has brought pressure on the Indian economy as a whole. Interest Rate Futures are instruments to manage interest rate fluctuation by locking in forward interest rates. In spite of conscious decision taken by RBI through phased introduction of Interest Rate Futures and allowing enough time to the market participants to comprehend the risks and complexities involved in these derivative products, strong foundation for the Interest Rate Futures market could not be laid. Before gaining pace the instrument again was a failure in its second phase of introduction. This paper makes an attempt to highlight the factors responsible for the failure of Interest Rate Futures in India. It was found that out of the list of four independent variables, namely the trading volume of cash market i.e. Government securities, trading volume of substitute contract, i.e. Currency Derivatives and macro economic factors such as 10 years yield on G Sec and interest rate, only two independent variables currency derivatives and interest rate have negative but significant effect on Interest Rate futures.

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Financial Analysis of Rajarambapu Co-Op. Bank Ltd., Peth, Dist. Sangli-A Case Study

Jagtap Pratibha Ajit

Co-operative banks are an important constituent of the Indian Financial System. The co-operative banks in rural areas mainly finance agricultural based activities, personal finance, finance to small scale industries and selfemployment driven activities etc. Thus, for achieving the objectives of economic development and economic planning, banking institutions have to play a vital role for raising the level of savings and for mobilizing those for investment in a proper channel. Present paper is an attempt made to evaluate financial performance of Rajarambapu Co-operative Bank Ltd., Peth, Dist-Sangli, State-Maharashtra as a empirical case study.

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Globalization of Markets

Govil S. K.* and Jain Rashmi

Globalization means the ability to produce and /or sell goods/services in global markets in open competition with others. Only the fittest will survive in open competition. There exists comprehensive foreign competition with respect to almost every product all over the world. The globalization of markets has vastly increased international competition. While pursuing the strategy of globalization, the firms have to face the challenges of managing human, technological, physical resources in the foreign markets. The globalization of markets and manufacturing has vastly increased international competition.

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