International Journal of Management, Public Policy and Research
https://www.ijmpr.org/index.php/IJMPR
en-US[email protected] (Dr. NILAM PANCHAL)[email protected] (Dr. NILAM PANCHAL)Tue, 29 Oct 2024 06:07:45 +0000OJS 3.3.0.13http://blogs.law.harvard.edu/tech/rss60COMPARATIVE ANALYSIS OF CORPORATE GOVERNANCE PRACTICES: A SYSTEMATIC LITERATURE REVIEW OF INDIA AND GCC NATIONS
https://www.ijmpr.org/index.php/IJMPR/article/view/256
<p>This systematic literature review aims to review the effect of corporate governance on the firm’s financial performance and relationship between corporate governance mechanisms, government regulation and firm financial performance across different regions. The review therefore integrates conclusions from several related papers to establish how good governance practices improve sustainability, profitability, and investor satisfaction of firms. Applying the analytic approach studying the reaction of the corporate boards indicating that their diverse and actively participating in the strategic decision making has a positive impact to the increase of the financial performance and the betterment of their corporate health. In the similar vein, this study defines how strong regulatory measures that align them to the hubs and local fiscal and culture settings influences transparency and accountability to fuel financial performance. This study also reveals the new implementation problems and constraints of the governance practice including differential application of the laws and rules, and dynamic requirements for the local and global business environments for the models of the governance. The results accentuate the importance and continuous need for governance changes and serve as a platform for further research, especially focusing on digital governance and ESG factors. This research will therefore fit into this existing body of knowledge by showing how corporate governance is an imperative prerequisite for sustainable business success and stakeholder trust.</p>Ankit Ravinder kumar
Copyright (c) 2024 International Journal of Management, Public Policy and Research
https://www.ijmpr.org/index.php/IJMPR/article/view/256Tue, 12 Nov 2024 00:00:00 +0000THE IMPERATIVE OF SELF-CULTIVATION, SELF-REFLEXIVITY, AND VIGILANT SELF-WATCHFULNESS IN ACADEMIC ENTERPRISES
https://www.ijmpr.org/index.php/IJMPR/article/view/244
<p>Academic enterprises are not merely institutions of learning; they are crucibles where knowledge, values, and skills are forged and refined. The functioning and modalities of these institutions significantly impact the quality of education and the broader societal landscape. It is essential for academic enterprises to prioritize self-cultivation, self-reflexivity, and vigilant self-watchfulness to prevent institutional disaster and avert national crises. This essay explores the importance of these principles, their implementation, and the potential consequences of neglect.</p>Prof Gurudutta P Japee
Copyright (c) 2024 International Journal of Management, Public Policy and Research
https://www.ijmpr.org/index.php/IJMPR/article/view/244Tue, 29 Oct 2024 00:00:00 +0000BIMSTEC: BAY OF BENGAL INITIATIVE FOR MULTI-SECTORAL TECHNICAL AND ECONOMIC COOPERATION: SWOT ANALYSIS FROM INDIAN PERSPECTIVES
https://www.ijmpr.org/index.php/IJMPR/article/view/247
<p style="margin: 0cm; text-align: justify;"><span lang="EN-US" style="font-size: 10.0pt; font-family: 'Libre Caslon Text';">The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a region<strong>a</strong>l organization comprising seven member states: Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand. Multi-sectoral cooperation can be seen in the case of BIMSTEC, which is the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation. Thus, this paper aims to analyze a comprehensive SWOT analysis of BIMSTEC based on the Indian perspective. They cover India's strategic considerations related to geopolitics, economic cooperation, energy security, and soft power. Finally, the literature review reveals that the tag is inclined towards the advancement of technology, the need for strong institutional frameworks, and competent ways of eradicating economic imbalance among the member nations. Based on the study, it can be concluded that there are inherent opportunities for cooperation within BIMSTEC, but the issues of geopolitical competition, problems with the organization's management, and political unpredictability should be solved. Finally, the paper provides suggestions to make BIMSTEC a more effective organization with a better institutional basis to support members, inclusive growth for the region's people, better connectivity, optimum use of energy resources, and target environmental conservation. Therefore, India has a significant opportunity to ensure turning BIMSTEC into an active and efficient organization, which will help to provide stability, security, and further developments in the South Asian region in the Bay of Bengal. </span></p>Mr. Rinkeshkumar G. Mahida
Copyright (c) 2024 International Journal of Management, Public Policy and Research
https://www.ijmpr.org/index.php/IJMPR/article/view/247Tue, 29 Oct 2024 00:00:00 +0000ENHANCING TEAM EFFECTIVENESS THROUGH CONFLICT MANAGEMENT: STRATEGIES AND INTERVENTIONS
https://www.ijmpr.org/index.php/IJMPR/article/view/242
<p>This study explores how conflict management strategies and interventions can enhance team effectiveness across diverse cultural contexts. The research examines the interplay between team empowerment, knowledge sharing, intra-group conflict, and team performance. A review of 26 academic publications on team dynamics, conflict management, and their impact on team effectiveness was conducted. Archival research methods were employed, including a systematic search strategy for relevant articles and a thematic analysis approach to extract key themes. The findings suggest that team empowerment can influence knowledge sharing and intra-group conflict. Cultural dimensions, such as power distance and collectivism, are argued to moderate the effectiveness of conflict management strategies. The research highlights the need for culturally- sensitive interventions to bridge the gap between theory and practice. Future research avenues are proposed, emphasizing the importance of intervention studies to explore the effectiveness of various conflict management strategies across cultures.</p>Priyam Bhadra, Saptarshi Datta, Anwesha Baruah, Dr. Ashwini Pandit, Dr. Himanshu Thakkar
Copyright (c) 2024 International Journal of Management, Public Policy and Research
https://www.ijmpr.org/index.php/IJMPR/article/view/242Tue, 29 Oct 2024 00:00:00 +0000ACCELERATING MARKET DYNAMICS: THE IMPACT OF GST ON STOCK PRICES AND PROFITABILITY OF LEADING AUTOMOBILE COMPANIES
https://www.ijmpr.org/index.php/IJMPR/article/view/243
<p>In India, GST introduced in July 2017 was a major event for the Economy. It subsequently impacted all the business sectors and companies operating within the economy. In such cases, it is important to gauge the impact of this new taxation system to analyze the outcome. This research explores the effect of GST on the net profits and stock prices of Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Honda, Ashok Leyland, Bajaj Auto, TVS Motors, Toyota, Hero Motor Corp, and Ford Motors. For this purpose, pre-GST and post-GST analysis was conducted through a paired t-test using SPSS for 2 variables i.e., net profits and stock prices. I have gathered data from the NSE and financial reports of the companies for a comparable period of 7 years before and 7 years after the GST implementation It was found that there is no significant effect on the net profits of the selected companies. The trends in stock prices of companies, except TVS Motors seemed to be unaffected due to the introduction of GST.</p>Swati Dayanand Kamat, Swati Sen
Copyright (c) 2024 International Journal of Management, Public Policy and Research
https://www.ijmpr.org/index.php/IJMPR/article/view/243Tue, 29 Oct 2024 00:00:00 +0000FOREX EFFICIENCY AND FINANCIAL PERFORMANCE OF INDIAN DEFENCE COMPANIES – EXAMINING CONNECTION
https://www.ijmpr.org/index.php/IJMPR/article/view/253
<p>This study explores the impact of financial performance on forex efficiency of the selected Indian Defence companies. To meet this objective the sample of five companies selected from nifty defence index based on availability of data. This research uses a descriptive research design and the analysis spans over ten years from April 2014 to March 2024. The financial performance indicators, including profitability, liquidity, asset efficiency, and solvency are examined in relation to forex efficiency through correlation and panel regression analysis. This research aims to address two key questions: the overall relationship between financial performance and forex efficiency in selected Defence companies and the influence of selected financial indicators on forex efficiency. The previous studies have explored related themes but they have not specifically targeted the Defence sector or detailed how particular financial indicator impact forex efficiency. This study fills this gap by providing a meticulous analysis of how financial performance influences forex efficiency. This contributes in valuable insights for strategic financial management and policy formulation in the Defence industry.</p>Pankaj Sharma, Saurabh Jain, Umang Sharma, Ishwar Rathod
Copyright (c) 2024 International Journal of Management, Public Policy and Research
https://www.ijmpr.org/index.php/IJMPR/article/view/253Tue, 29 Oct 2024 00:00:00 +0000DIVING DEEP INTO FIN- TECHS: AN EXAMINATION OF ONE 97 COMMUNICATIONS LTD. (PAYTM) FINANCIAL PERFORMANCE
https://www.ijmpr.org/index.php/IJMPR/article/view/254
<p>India has seen rise in the number of the Fin -Techs as a part of Start Ups project coming up. Need to analysis the financial statements of such start ups becomes an important task as many stakeholders as being connected directly or indirectly with the company. In this study the financial statement analysis of ONE 97 COMMUNICATIONS Ltd. popularly well known as Paytm was done in the context of profitability and financial stability ratios using the data for the period of 2 years since its listing of the Stock Exchanges. Results showed that there are positive trends in the reduction of loss magnitudes and improvements in operational efficiency. It is crucial for the company to continue its efforts to enhance profitability, manage costs, and work towards achieving positive returns for both assets and equity. On side of financial stability the company has a healthy current and liquid ratio, indicating strong short-term liquidity but the position still needs to be continued for a long term to see a better and positive picture.</p>Dr. Vaibhav Parmanand Gallani, Dr. Ravi S. Sisodiya
Copyright (c) 2024 International Journal of Management, Public Policy and Research
https://www.ijmpr.org/index.php/IJMPR/article/view/254Tue, 29 Oct 2024 00:00:00 +0000