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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