Indian Institute of Management Bangalore

About: Indian Institute of Management Bangalore is a education organization based out in Bengaluru, Karnataka, India. It is known for research contribution in the topics: Emerging markets & Context (language use). The organization has 491 authors who have published 1254 publications receiving 23853 citations. The organization is also known as: IIMB.

Corporate Sustainability Initiatives Reporting:A Study of India's Most Valuable Companies

Abstract: This study analyses the sustainability initiatives of India’s top 100 companies across multiple variables related to sustainability. The study reveals significant variance in reporting across sectors as well as on the variables reported. The highest reported variables were related to corporate governance, followed by those related to CSR initiatives and measures to improve operational efficiency. Most initiatives in the area of CSR focused on four areas — education, healthcare, community livelihood, and infrastructure development. Operations-related measures included resource conservation (energy, water, paper) and waste management (emissions, solid waste, water). Less than 20% of the companies that were surveyed currently disclose information on sustainability issues related to the supply chain. The sectoral differences in reporting were also striking. The cement, metals and mining, electric utilities, and information technology sectors outperformed the other sectors on most indicators. The realty, telecom and TV, pharmaceuticals, and banking and finance sectors had not disclosed as much as the others did. The study also highlights areas for improvement. Voluntary sustainability reporting was still limited. Disclosures on CSR finances and donations were also nearly non-existent.

Small finance banks: challenges

Abstract: A recent innovation in the Indian banking structure has been the formation of a new banking institution—small finance banks (SFBs). These banks are expected to penetrate into financial inclusion by providing basic banking and credit services with a differentiated banking model to the larger population. In this context the new SFBs have multiple challenges in coming out with a new, differentiated business model. The challenges include building low cost liability portfolio, technology management, and balancing the regulatory compliances. This paper also presents the top of mind views of three senior executives of new small finance banks.

Some Reflections on Tourism and Tourism Policy in India

Abstract: In 1982, the Indian Government presented its first tourism policy. In retrospect one could argue that the novely of the subject, its low priority and the belief in its potential as a social engineering tool (in keeping with Indian public ideology at that time), contributed to a rather simplistic piece of work. It took the government until 2002 to present an updated policy document. Those expecting a clear line of thinking and plan must have been quite disappointed by the new policy. It is based on a number of incompatible perspectives, of which those of the international development community and the international lobby group of tourism and travel related industries (the WTTC) are the most pronounced. As a result, it starts from the idea that tourism is both a threat and an engine of growth. By means of this paper, we want to focus on some of the central ideas and starting points of the Indian tourism policy. We will argue that there is something fundamentally wrong with the public ideas concerning the economic (growth) potential of (international) tourism and the role of tourism as a development tool. We will also contend that, even after all these years of tourism development, very little is known on who the tourists in India actually are and what they want. Our reflections are based on our own experience as tour operators and travel guides in India as well as on our (limited) reading of public documents and research papers. As research scholars, our fields of specialisation lie elsewhere. Nonetheless we think that our observations could provoke a fruitful discussion on central policy issues.