Showing papers by "Indian Institute of Management Bangalore published in 2003"
TL;DR: In this article, the authors adopt a multi-theoretic approach to investigate the differential impact of foreign institutional and foreign corporate shareholders on the performance of emerging market firms and find that the previously documented positive effect of foreign ownership on firm performance is substantially attributable to foreign corporations that have, on average, larger shareholding, higher commitment and longer-term involvement.
Abstract: We adopt a multi-theoretic approach to investigate a previously unexplored phenomenon in extant literature, namely the differential impact of foreign institutional and foreign corporate shareholders on the performance of emerging market firms. We show that the previously documented positive effect of foreign ownership on firm performance is substantially attributable to foreign corporations that have, on average, larger shareholding, higher commitment and longer-term involvement. We document the positive influence of corporations vis a vis financial institutions with respect to domestic shareholdings as well. We also find an interesting dichotomy in the impact of these shareholders depending on the business group affiliation of firms.
613 citations
Book•
20 Nov 2003TL;DR: In this paper, a series of case studies looking at the relationships between firms from North America, the U.K., Japan and Korea with Indian software companies is presented, where the authors analyze the multi-faceted challenges encountered in managing these Global Software Alliances (GSAs).
Abstract: Offering key insights into how to manage software development across international boundaries, this book is based on a series of case studies looking at the relationships between firms from North America, the U.K., Japan and Korea with Indian software companies. The authors analyze the multi-faceted challenges encountered in managing these Global Software Alliances (GSAs). They draw on extensive research and experience to offer constructive advice on how to manage GSAs more effectively.
242 citations
TL;DR: In this article, a remanufacturing facility receives a stream of returned products according to a Poisson process and demand is uncertain, and the decision problems are when to release returned products to the re-manufacturing line and how many new products to manufacture.
177 citations
TL;DR: In order to succeed, efforts towards better accountability that broaden the participation of users must take into account the social contexts and the policy and service delivery systems in which they are applied, address power relations and improve the representation of marginalised groups within communities and service Delivery systems.
79 citations
52 citations
TL;DR: In this article, the authors highlight the GATS framework and commitment structure and explain how countries can retain their autonomy on policies concerning public services under the General Agreement on Trade in Services (GATS).
36 citations
TL;DR: A stochastic version of the binary knapsack problem, in which the budget is random, is studied, and two different formulations of this problem are proposed, based on different ways of handling infeasibility, and an exact algorithm and a local search-based heuristic are proposed.
Abstract: The binary knapsack problem is a combinatorial optimization problem in which a subset of a given set of elements needs to be chosen in order to maximize profit, given a budget constraint. In this paper, we study a stochastic version of the problem in which the budget is random. We propose two different formulations of this problem, based on different ways of handling infeasibility, and propose an exact algorithm and a local search-based heuristic to solve the problems represented by these formulations. We also present the results from some computational experiments.
14 citations
TL;DR: In this article, the Paglin Gini and Theil decompositions of the national labour force surveys of 1974-98 were used to study the trends in income inequality in the US.
Abstract: Based on the data on earnings distributions from the national labour force surveys of 1974-98, trends in income inequality are studied. Of particular note are the findings from the Paglin Gini and Theil decompositions. The former show that behind an invariant overall Gini ratio lies a declining inter-age disparity and growing P-Gini. From the latter, it is found that inter-age and inter-educational disparities have respectively contributed some 12 per cent and 34 per cent to overall inequality. It is found that inter-occupational inequality, as measured by the Theil index, almost doubled in the period. This is in sharp contrast to trends in inter-educational activity, thus illustrating that the education-occupation linkage is not clear-cut.
13 citations
TL;DR: The relationship between relationship strategy, relationship effectiveness, and responsiveness to customer needs using data collected through the administration of the One-to-One Gap Tool (Peppers, Rogers, and Dorf 1999) in the Indian service sector is studied in this article.
Abstract: Relationship marketing has been recognized as a new paradigm in marketing. Although the practice of relationship marketing has expanded rapidly across the globe, most of the published researches in this area of study are based on data collected from North America or Europe. This research studies the relationship between relationship strategy, relationship effectiveness, and responsiveness to customer needs using data collected through the administration of the One-to-One Gap Tool (Peppers, Rogers, and Dorf 1999) in the Indian service sector. The results of statistical analysis using LISREL provide strong support for the positive relationship between relationship effectiveness and responsiveness to customer needs. The Organizational Activity of relationship strategy was also found to possess relationships consistent with theory. However, findings regarding the Informational Activity and the Operational Activity are less conclusive. Managerial implications and directions for future research in rela...
10 citations
Posted Content•
TL;DR: In this article, the current state of the Indian pension system is reviewed and some policy directions for reforming the Indian Pension System are discussed. But, the focus of the paper is on the Indian Retirement Benefit Scheme (IBPS).
Abstract: This paper reviews the current state of the Indian pension system. The Indian experience could potentially influence policy decisions in other developing countries, especially those with similar reliance on the national provident fund system. Institutional features of various retirement benefit schemes are highlighted and their deficiencies are discussed. It is argued that low coverage level, underperformance of provident fund schemes due to investment restrictions, and financial difficulties in administering unfunded public pension programmes have rendered the current system ineffective and unsustainable. The failed experiments with ad hoc reform initiatives in the recent past further emphasize the need for a structural and lasting change. The paper concludes with some policy directions for reforming the Indian pension system.
7 citations
Posted Content•
TL;DR: In this paper, the formal social security systems of India and Sri Lanka are analyzed and the conditions for reforms are more favourable now owing to hopeful signs of an end to longstanding conflict in Sri Lanka, and decade-long experience with financial sector reforms in India.
Abstract: This paper analyses the formal social security systems of India and Sri Lanka. While many of the social, demographic, and economic indicators differ markedly between the countries, the structure of the social security systems, challenges, and reform directions are quite similar. Thus, the provident fund organizations in both countries need to modernize and benchmark their governance, operations, and investment policies. The dualism in their systems, which has resulted in relatively generous non-contributory pensions being provided to civil servants, also needs to be addressed. This dualism and the fiscal unsustainability of current civil service pension arrangements lend urgency to reforms in this area in the two countries. The prospects for voluntary tax-advantaged private sector schemes are encouraging, particularly in India. The conditions for reforms are more favourable now owing to hopeful signs of an end to longstanding conflict in Sri Lanka, and decade-long experience with financial sector reforms in India.
TL;DR: A comprehensive, hands-on guide to doing business in India that will answer those vital questions and more can be found in this paper. But what is the Indian business climate really like? What risks do you face? What pitfalls should you avoid? Where are the best fast-growth opportunities?
Abstract: Many U.S. companies are searching for foreign business opportunities. And the world's largest democracy—India—has become a favorite of U.S. multinational companies. But what is the Indian business climate really like? What risks do you face? What pitfalls should you avoid? Where are the best fast-growth opportunities? Here is a comprehensive, hands-on guide to doing business in India that will answer those vital questions and more. © 2003 Wiley Periodicals, Inc.
TL;DR: In this paper, the principal players and their roles during the restructuring of an electric utility are identified and three conceptual phases are identified in the restructuring process, namely, Impetus phase, reorganisation phase, and consolidation phase.
01 Nov 2003
TL;DR: In this article, the authors examine the significance of cross-border movement of service suppliers in the Indian economy, with specific focus on the information technology and health care sectors, and highlight negotiating strategies that could be pursued in the WTO negotiations on movement of natural persons under the framework of the General Agreement on Trade in Services.
Abstract: This paper examines the significance of cross-border movement of service suppliers in the Indian economy, with specific focus on the information technology and health care sectors. It examines the nature of labor flows in these two sectors, the facilitating and constraining factors, the role of government policies, and the sectoral as well as wider macroeconomic impact and human development implications of such labor flows. The paper suggests various domestic policies that could enhance the benefits of cross border movement of labor in these two sectors and mitigate some of the associated negative consequences. It also highlights negotiating strategies that could be pursued in the WTO negotiations on movement of natural persons under the framework of the General Agreement on Trade in Services.