Indian Institute of Management Calcutta

About: Indian Institute of Management Calcutta is a education organization based out in Kolkata, India. It is known for research contribution in the topics: Supply chain & Context (language use). The organization has 415 authors who have published 1354 publications receiving 21725 citations. The organization is also known as: IIMC & IIM Calcutta.

The Choice of Exit: Influence of Private Equity Investors and Buyout Entry:

Abstract: The choice of exit method is an inevitable decision faced by entrepreneurs and private equity (PE) investors. The existing literature addresses four categories of factors which influence this choice of exit method between initial public offering (IPO) and acquisition: industry-related factors, market-timing variables, deal-specific factors and demand-for-funds factors. We extend the literature by introducing a new category of factors, ‘PE investor characteristics’, and test if this category has a significant effect on the choice of exit method. We also test if the type of entry has an influence on the exit method. We find that PE investor characteristics play an important role in the choice of exit method. The existence of a large syndicate of PE investors in the same firm increases the probability of an IPO exit, but the presence of a foreign PE investor reduces this probability. Moreover, unlike in developed markets, the cost of debt does not affect the choice of exit method in India. We further conside...

Ethics, community development and not‐for‐profit business: The case of New Dawn Enterprises

Abstract: Many non‐metropolitan areas in developed countries suffer from problems of underdevelopment. Because the activities of traditional business firms and government have not met local needs, many communities have created “community business corporations” which are explicitly dedicated to addressing the problems of community economic development. This article examines the nature of such alternative corporations and some of the ethical issues and challenges that they raise. It focuses especially on one “not‐for‐profit corporation” in Nova Scotia, New Dawn Enterprises, and the priest/businessman who has been the driving force behind it.

System efficiency evaluation of homogeneous parallel production systems: An aggregation approach

Abstract: Existing models, for efficiency evaluation of DMUs with homogeneous parallel production-units, have limitations in the sense that production process of a DMU is compared with the production...