The True Legacy of Communism

Author MAHFUZ R. CHOWDHURY Abstract The socio-economic system that we used to live in was known as capitalism, where people could use their private properties for their personal gain. With the advent of the industrial revolution in the late eighteenth century, the exploitation of the labor class under capitalism became very prominent. To counter this, Read More …

Empowerment through E-Governance in Developing Economies: The Case of India

Author SIVAKUMAR VENKATARAMANY Abstract This paper focuses on strategies undertaken in India and other developing economies to achieve empowerment of all stakeholders, particularly the rural poor, through context oriented policies of e-governance. With a strong emphasis on principles of governance, the government’s involvement in the implementation of information and communication technology at all levels of Read More …

Computation of Potential GDP Growth: What Growth Rate is Sustainable?

Author Paul Kutasovic Abstract In this manuscript, we discuss applicable models to estimate Potential GDP of a country. We also present potential estimation approaches. Estimation of Potential GDP is very important for policy makers. Generally, Potential GDP refers to the sustainable level of output for an economy. In the long-run, actual and potential GDP should Read More …

Organizational Justice: An Analysis of Approaches, Dimensions and Outcomes

Author Lalit Kumar Yadav and Nagendra Yadav Abstract Organizational justice is identified as one of the core values of an organization. Over the years, research has confirmed that justice in an organization is a subjective term; what is important is employees’ perception of what is just or unjust. Employees have high expectations from organizations in Read More …

Empirical Evidence of Corporate Governance Disclosures and Board Size Modular with Financial Performance in select IT Companies in India

Author SAURABH KUMAR TWINKLE PRUSTY Abstract This paper investigates the relationship and impact of board size and corporate governance disclosures of selected listed Indian IT companies on their financial performance using data for five companies over a single period of 2014 to 2015. Using structure equation modelling, the study demonstrates the extent to which board Read More …

Indian Passenger Vehicle Industry: Strategic Analysis with Focus on the Big Four Firms

Author KARUNAKAR B. Overview of the Indian Automobile Industry The Indian market, before independence, was seen as a market for imported vehicles while assembling of cars manufactured by General Motors and other brands was the order of the day. The Indian automobile industry mainly focused on servicing, dealership, financing and maintenance of vehicles. After a Read More …

Basel III: Impact analysis for Indian Banks

Author SIDDHARTH SHUKLA Literature Review A considerable amount of research has been done on Basel III and its probable impacts considering various parameters. One such research study done by Vigneshwara Swamy (2013) estimated the impact of Basel III implementation on Indian banks in terms of loan spread, additional capital required and cost-benefit analysis of Basel Read More …

Delta Gains of Investment in Stocks on Financial Performance of Self-managed Provident Funds in India

Introduction Retirement funds are the funds which are accumulated throughout the working life of an individual for a proposed benefit payout when he superannuates or actually retires. This fund is an important source of monetary wealth used to earn income (in the form of annuity) to maintain the standard of living of the beneficiaries after Read More …