Indian Institute of Management Kashipur

About: Indian Institute of Management Kashipur is a education organization based out in Kashipur, India. It is known for research contribution in the topics: Supply chain & Volatility (finance). The organization has 102 authors who have published 203 publications receiving 1357 citations. The organization is also known as: IIM Kashipur.

Impatience Characteristics in Cloud-Computing-Services Procurement: Effects of Delay Horizon and Situational Involvement

Abstract: Cloud computing has transformed the decision-making processes involved in the procurement of information-technology services. Not only has it brought about tremendous speed-ups to computing jobs, but also, the flexibility it provides in terms of availability and pricing options now enables a consumer to make trade-offs between price and time, based on the situation on-hand and the turnaround-time requirements. These price-time trade-offs have been studied in the behavioral-economic literature, but have not been considered formally in the procurement and the cloud-system bodies of literature. We fill this gap, by taking up the question of how the impatience characteristics of the procurer (and in turn his/her procurement decisions) get affected by two behavioral factors, namely, delay horizon and situational involvement. We test the model using a factorial experiment with 180 participants and find that impatience degree and type are affected by delay horizon and situational involvement. We discuss practical implications for a cloud-service provider, as well as implications for the intertemporal and IS literature.

Regional variations in labor demand elasticity: evidence from u.s. counties

Abstract: We use a large panel dataset covering the years 1988 to 2010 to estimate county specific total wage elasticities of labor demand for four highly aggregated industries in the United States. Our industries are construction, finance/real estate/service, manufacturing, and retail trade, which together employ on average over eighty percent of the U.S. national labor force per year. We use both the conventional constant coefficient panel data model and a random coefficients panel data model to estimate labor demand elasticities in various industries. We find the labor demand curves in all the industries studied to be downward sloping. We also find significant evidence that the total wage elasticity of labor demand exhibits regional variation. The labor demand estimates obtained in this study are useful to investigate the differential impact of various shocks and policy changes on the labor market. As an example, we use the estimated county specific labor demand elasticities to identify the impact of union membership and right to work laws on labor demand. We show that labor demand tends to become less elastic with higher union membership rates. We also find that labor demand becomes more elastic if a right to work law is in place.

Role of Private Equity Exit Strategy, Governance Mechanism and Regulatory Constraint on Performance of Indian IPOs

Abstract: The performance of Indian initial public offerings (IPO) is influenced by the ownership structure of a firm. As many firms raise the capital in the form of private equity (PE), this work highlights the impact of governance structure of private equity firms, the decision of exit through IPO route on the performance of Indian IPO. In Indian scenario, private equity (PE) backed IPO shows insignificant role in impacting the degree of underpricing of IPO as well as IPO performance. The insignificant ownership stake held by private equity investors as a consequence of regulatory constraint as well as liquidating less ownership stake through IPO is identified as a differentiating characteristic in India. These observed results are contrary to the results reported by Lee & Wahal (2004). On the other hand it supports the grandstanding hypothesis related to private equity firms put forth by Gompers (1996). However, our results show that PE investment in business group affiliated firms’ shows significant negative impact on its long term performance. The overall performance of IPO follows ‘U’ shape curve.

Intellectual Capital and Financial Performance: Evidences from Indian Business Process Outsourcing Industry

Abstract: The purpose of this study is to empirically measure the impact of intellectual capital performance on the traditional financial performance measures of selected Indian Business Process Outsourcing (BPO) and Knowledge Process Outsourcing (KPO) companies. Data of 13 prominent Indian BPO/KPO companies listed on Bombay Stock Exchange is taken for study. The selected companies of BPO/KPO sector are heavily reliant on intellectual capital. Financial data of nine years i.e. from 2007 to 2015 is collected from financial database CMIE’s Prowess. Literature available on intellectual capital and efficiency measurement is thoroughly reviewed. Value Added Intellectual Coefficient (VAIC™) method is used to measure the value based intellectual capital performance of the selected companies. The financial performance variables used in the study are return on assets, return on equity and operating income ratio for profitability and asset turnover ratio for productivity. VAIC™ and its components are calculated i.e. efficiency of capital employed and efficiency of intellectual capital. Empirical analysis is conducted using models of panel data i.e. fixed and random to analyse the impact of VAIC™ components on financial performance measures. Findings from the analysis suggest that intellectual capital efficiency has a significant impact on profitability but not on productivity. While capital employed efficiency has a significant impact on profitability and productivity both.

Limited Capacity of Railways for Coal Transportation in India: Evidence from ArcGIS-based Load Flow Study:

Abstract: How much coal will India need to transport in future and is the rail network poised to handle that requirement are two important questions for the emerging economy. To find answers to these questio...