Indian Institute of Management Ahmedabad

About: Indian Institute of Management Ahmedabad is a education organization based out in Ahmedabad, India. It is known for research contribution in the topics: Context (language use) & Emerging markets. The organization has 1828 authors who have published 4011 publications receiving 59269 citations. The organization is also known as: IIMA & IIM Ahmedabad.

Systematic Risk and the Theory of the Firm

Abstract: The mean-variance capital-asset-pricing model forms the basis for much of the theoretical and empirical work in modern financial economics. While this model defines the relevant measure of the risk of a security β in a general equilibrium context, the relationship between this measure and the microeconomic variables of a firm has not been studied in the literature. This paper develops a model of the firm under uncertainty and derives the relationship between systematic risk and such firm variables as monopoly power, demand elasticity, and the labor-capital ratio. The general conclusions are surprisingly robust and point to several interesting empirically testable hypotheses.

Analysis of external barriers to remanufacturing using grey-DEMATEL approach: An Indian perspective

Abstract: With industrialization and growth of population, implementation of sustainable technologies and environment protection has received a lot of attention. Remanufacturing is one of the sustainable technologies that provide environmental, economic and social benefits. Remanufacturing is “a comprehensive and rigorous industrial process by which a previously sold, worn, or non-functional product or component is returned to a “like-new” or “better-than-new” condition and warranted in performance level and quality” ( RIC, 2013 ). This research study aims to identify and evaluate external barriers to remanufacturing in Indian electronic waste (e-waste) sector. We applied grey-DEMATEL (Decision Making Trial and Evaluation Laboratory) approach to analyze external barriers to remanufacturing. The results indicate lack of channels to collect used products and customer unwillingness to return the products to be the most prominent barriers. Further, the results also depict uncertainty in quantity and timing of returned products to be the major causal barriers. The findings provide insights and recommendations for policy planners involved in policy making to boost remanufacturing in India. Primarily, government needs to bring awareness to customers regarding benefits of returning the used products and benefits of using remanufactured products through awareness campaigns, so that consumers also take initiative to protect environment. Channels to collects used products from customers also need to be developed.