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: Emerging markets & Population. The organization has 1828 authors who have published 4011 publications receiving 59269 citations. The organization is also known as: IIMA & IIM Ahmedabad.

Introduction of Renewable Energy Certificate in the Indian scenario

Abstract: Generation deficit in India is in the range of 9% and the scenario is expected to get grimmer in the context of high growth rate of the country. With peak power shortage as high as 15.2% ( Source : Annual report FY08, MoP) the nation needs to harness all forms of generation including renewables, which currently has a meager share of 8% of the total generation in the country at present. Shooting price of crude oil reaching up to $135 (May 2008) per barrel along with increasing awareness and concerns about environment, the stage seems to be set for an increased mix of Renewable Energy (RE) into the overall energy requirement in the country. Keeping the concern for environment and energy security for the country in mind, government of India has been putting emphasis on promotion of renewable energy sources. Central and state government policies have always been instrumental in the propagation of capacity additions in renewable energy power. One of the main aims of these policies has been on increasing the private sector participation in this sector. In the pre-reform period, the state governments took policy decisions regarding financial incentives, buy-back tariff and other measures targeting investment in renewable energy. However, the State Electricity Regulatory Commissions (SERCs) are now responsible for many of these tasks. SERCs have come up with a host of initiatives, inline with their functions laid down in the Electricity Act 2003, to increase the share of renewable energy inside their respective States. Despite the efforts of SERCs, large potential of renewable energy generation remains untapped. There is lack of clarity on how to promote renewable energy generation inside states which are not having significant renewable energy generation potential. This paper explores the way in which SERCs can introduce measures to further promote renewable energy generation inside the country. We discuss in detail the framework to promote renewable energy through a framework which puts into place Renewable Purchase Obligation (RPO) mechanism. The framework includes setting of RPO targets, provisions for a surcharge levied upon non-compliance of RPO targets and also a mechanism to meet RPO through trading of certificates.

Structure, organizational behavior, and technical efficiency: The case of an Indian industry

Abstract: The differences in certain aspects of organizational behavior across large and small firms could be explained as a response mechanism to structural conditions like capital market imperfections and high market transaction costs. This, in turn, could explain the relative production efficiency of large and small firms. This paper examines the issue on the basis of firm-level survey data for an Indian industry.

The Effect of Continuous Auditing on the Relationship between Internal Audit Sourcing and the External Auditor's Reliance on the Internal Audit Function.

Abstract: Prior research indicates that external auditors are willing to rely to a greater extent on the work of the internal audit (IA) function when the function has been outsourced, or co-sourced, as opposed to maintained in-house. This article addresses the extent to which this relationship between IA sourcing and external auditor reliance is moderated by the use of continuous auditing. One hundred forty-two auditors, all CPAs, participated in an experiment in which we manipulated both IA sourcing type (in-house versus outsourced) and audit type (periodic versus continuous) and measured ratings of external auditor reliance on the IA function. Results indicate that when the IA function uses periodic auditing, external auditors rely more on an outsourced function than an in-house function. However, when the IA function uses continuous auditing, external auditors do not differ in reliance on an outsourced or in-house function. The prior literature suggests that outsourcing an IA function can lead to high...