Editorial – The Negative Effects of Social Capital in Organizations: A Review and Extension

Abstract Numerous studies have examined the positive effects of social capital in organizations, whereas the possible negative effects have attracted considerably less scholarly attention. To rectify this imbalance, this paper first undertakes a rigorous review of the published scholarly empirical evidence pertaining to the negative effects of social capital in organizations through a search of Web of Knowledge Read More …

Trade Liberalization and Inequality: Re-examining Theory and Empirical Evidence

This paper re-examines the theoretical and empirical evidence regarding the impact of trade liberalization on income inequality and attempts to identify areas for future research. Since the 1980s, there has been a rise in inequality in both the developed and developing world. This was also the time when many developing countries liberalised their trade regimes, Read More …

Personality Dimensions as a correlate of Work Engagement: A Study of working women in Indore city

Work engagement is a vital HR variable for all organizations to sail through in this cut-throat era of competition as engaged employees are brand representatives and help the organization deliver superior performance to gain competitive advantage. Different personality dimensions relate to satisfaction in a particular task (Judge, Heller & Mount, 2002), predict job performance in Read More …

Microfinance on Poverty Alleviation: Empirical Evidence from Indian Perspective

This paper is a modest attempt to collect data from northern, southern and central India to analyze the impact of micro finance on poverty through empirical evidence from across the country. The respondents were divided into two groups, Participants and Non-Participants. Participants were members of Self Help groups (SHGs) which have benefited from credit and Read More …

Basel-III: Cost-Benefit analysis for Indian Banks

After the financial crisis of 2008-09, Basel Committee on Banking Supervision (BCBS) suggested implementing the Basel-III accord, which is expected to increase the banking sector’s ability to absorb shocks arising from macro-economic conditions. Basel-III mainly emphasizes the need for additional capital besides maintenance of liquidity and leverage ratios. The additional capital required will result in Read More …

Bank Recapitalisation: Bail-out or Bail-in

Author Sashi Sivramkrishna Abstract Using sectoral T-accounts, this paper analyzes the implications of bank bail-outs and bank bail-ins. Contrary to popular opinion, bank bail-outs do not utilize taxpayers’ money. Moreover, bank bail-outs funded through recapitalization bonds or deficit financing and bail-ins have similar net effects on sectoral balance sheets. There are, however, questions of moral Read More …