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Journal Articles | 2019

Addressing the undergraduate internship challenge in developing countries:A “learning-by-doing” project-based online internship model

Vijaya Sherry Chand and Ketan S. Deshmukh

Education And Training

Purpose

The difficulties higher education institutions in developing countries face in finding adequate and relevant onsite student internship opportunities make a case for online internships. The purpose of this paper is to present an online internship model, developed over a two-year period, which challenged students to engage in learning-by-doing projects that addressed a key barrier in the implementation of ICT policies in public education, the paucity of audio-visual content in local languages.

Design/methodology/approach

The design of the model comprised the development of instructional videos by 340 interns, the evaluation of the videos by two interns and their testing by 31 interns through a field experiment using a between-subjects pre-test – post-test design in 54 schools. The process was repeated the following year with the field experiment replaced by the development of teaching manuals. The changes in reflective learning among 112 of the 119 interns who developed video content in this repeat round were assessed.

Findings

The field experiment found that the intern-developed videos improved Mathematics and Science scores among school students but not the attitudes to these subjects. Participation in online internships improved reflective learning.

Research limitations/implications

The evaluation of change in reflective learning is based on self-reported measures.

Practical implications

The online internship model presented in the paper can address concerns related to inadequate internship opportunities, while addressing gaps in public policy implementation by systems such as education, health and rural development.

Originality/value

The paper outlines the design of an online student internship model and a methodology for implementing it. The study indicates the feasibility of a low-cost, large-scale online model of internship.

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Journal Articles | 2019

Numeracy and financial literacy of forest-dependent communities

Sundar Balakrishna and Vineet Virmani

Vikalpa: The Journal for Decision Makers

The article examines the numeracy and financial literacy of the Indian forest-dependent communities (FDC) involved in the joint forest management (JFM) programme, launched by the Government of India in 1990. An understanding of the financial literacy levels of the Indian FDCs may provide insights to policymakers regarding customized literacy programmes that can reduce exploitation from petty traders and local forest officials. The research draws sample data from FDCs of two geographical regions with differing resource endowments (Rayalaseema and the coastal region) in the Indian state of Andhra Pradesh. The results show that a third of the sampled members of the FDCs were able to answer the questions on probability and simple interest correctly. At least half of the sample had a clear idea on the time value of money and had less difficulty in computing when the mathematical questions were framed in the form of sentences which embedded situations from their daily lives. Participants, however, faced difficulty in recognizing mathematical symbols and performing simple computations in addition, subtraction, multiplication, and division. The average scores of the sample in the standard numeracy and financial literacy tests were 4.98 (out of 12 points) and 1.32 (out of 5 points), respectively.

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Journal Articles | 2019

Spirituality and innovative behaviour in teams: Examining the mediating role of team learning

Ashish Pandey, Vishal Gupta, and Rajen K. Gupta

IIMB Management Review

Employees’ creative and innovative contributions greatly influence an organisation's success. Drawing on positive affect, adult learning theory, work engagement, and the componential theory of creativity, this study examines relationships among team spiritual climate, team learning, and team innovative work behaviours. Data were collected from 336 employees of 66 teams across 12 business organisations in India. An analysis of relationships was performed with team-level aggregated scores of individual responses using structural equation modelling. Results suggest that spiritual climate has a positive association with learning in teams, and team learning mediates the relationship between spiritual climate and team-level innovative behaviours.

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Journal Articles | 2019

Community and collective organisations for sustainable agricultural development in India: Experience, challenges, and policy.

Sukhpal Singh

International Journal of Agricultual Economics

The paper reviews and examines the performance of various community and collective institutions across agricultural and allied sectors and regions to determine the factors in their performance and sustainability. These range from water users’ associations, co-operatives and self-help groups to producer companies. It examines the dynamics of their working and performance and their local level livelihood impact based on review of literature, case studies, and inferences. It dwells on the major policy and practice challenges faced by these community entities and concludes by identifying policy and practice relevant lessons for promoting such institutions for inclusive and sustainable agricultural development in India.

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Journal Articles | 2019

Shareholders' reaction to ethical image of sports teams: an event study in the Indian Premier League.

Saravana Jaikumar, Viswanath Pingali, and Vineet Virmani

Decision

Using event study analysis on a sports team and parent firm in the Indian Premier League, we show that investors react adversely to: (1) unethical but legal activity that may have a positive impact on the firm’s value and (2) unethical and illegal activity that does not necessarily impact the day-to-day performance of the firm. We use the novel sample-quantiles test to analyze the events in a ‘single-firm single-event’ context. Results suggest that investors are sensitive to and care about the ethical image of the sports team and parent firm. Further, when the parent firm’s core function is unrelated to the sport, the performance of the team may not have a significant impact on the firm’s valuation. We also make a broader contribution wherein we provide direct evidence linking unethical activities with negative valuation, while ruling out the rent-seeking explanation.

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Journal Articles | 2019

Inflation expectations in India: Learning from household

Abhiman Das, Kajal Lahiri, and Yongchen Zhao

International Journal of Forecasting

We use a large household survey that is being conducted by the Reserve Bank of India since 2005 to estimate the dynamics of aggregate inflation expectations over a volatile inflation regime. A simple average of the quantitative responses produces biased estimates of the official inflation data. We therefore estimate expectations by quantifying the reported directional responses. We perform quantification by using the hierarchical ordered probit model, in addition to the balance statistic. We find that the quantified expectations from qualitative forecasts track the actual inflation rate better than the averages of the quantitative forecasts, highlighting the filtering role of qualitative tendency surveys. We also report estimates of the disagreement among households. The proposed approach is particularly suitable in emerging economies, where inflation tends to be high and volatile.

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Journal Articles | 2019

Financial support vis-a-vis share of wind generation: Is there an inflection point?

Dipti Gupta, Abhiman Das, and Amit Garg

Energy

Wind power is one of the leading source of renewable energy in terms of installed capacity, power generation and technology maturity in the world today. It is promoted through financial support such as Feed-In Tariffs (FIT), renewable certificates, investment grants and tax incentives almost everywhere in the world. Attractive power pricing and a general global thrust for renewables have resulted in increasing the wind power capacity from 17 GW in 2000 to 514 GW in 2017. This paper analyses the relationship between financial mechanisms and wind capacity and wind power generation across 15 countries and 10 US states over 2006–2017. These countries/states contribute to 88% of total wind generation capacity in 2017, and contribution of their individual wind capacities to overall electricity generation rose from 0.15 to 24.2% (2006) to 1.2–38.5% (2017). Our analysis indicates that the trend of financial support reverses beyond an inflection point vis-à-vis the share of wind power in total power generated. The inflection point exists for all countries but the value varies across countries. The relationships are statistically significant. This has important policy implications with regard to the governments’ approach towards promoting wind power as share of wind generation increases.

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Journal Articles | 2019

Forefather distribution in a variant of Galton-Watson branching process.

Arnab Kumar Laha and Sumit Kumar Yadav

Stochastic Models

In this paper, we consider a variant of a discrete time Galton–Watson Branching Process in which an individual is allowed to survive for more than one (but finite) number of generations and may also give birth to offsprings more than once. We model the process using multitype branching process and derive conditions on the mean matrix that determines the long-run behavior of the process. Next, we analyze the distribution of the number of forefathers in a given generation. Here, number of forefathers of an individual is defined as all the individuals since zeroth generation who have contributed to the birth of the individual under consideration. We derive an exact expression for expected number of individuals in a given generation having a specified number of forefathers. Using this exact expression, we provide a detailed analysis for a simple illustrative case. Some interesting insights and possible applications are also discussed.

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Journal Articles | 2019

Do tweets create value? A multi-period analysis of Twitter use and content of tweets for manufacturing firms

Adrija Majumdar and Indranil Bose

International Journal of Production Economics

In this research we enquire if adoption of Twitter by manufacturing firms creates any value for the firm. We conduct two studies to examine the relationship between Twitter related activities of manufacturing firms and the market reaction towards these firms. We collect a novel multi-period dataset and analyse the overall impact of adoption of Twitter on Tobin's Q by employing a propensity score matching and difference-in-difference research design. Our findings suggest that adoption of Twitter increases the value of the firm post adoption. We also conduct additional robustness check such as use of Industry Week data as a proxy of firm value and find our results to be consistent. We adopt a text mining-based approach and examine the communication environment of the manufacturing firms. We use the Latent Dirichlet Allocation (LDA) algorithm for short texts and identify six broad topics among tweets posted by firms. Our panel regression based analysis suggests that there is positive association between divulging product related information and Tobin's Q. Our research showcases the strong impact of use of Twitter and contributes to the nascent literature on firm generated content. It is likely to encourage managers of manufacturing firms to start actively using Twitter for sharing product related information on social media.

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Journal Articles | 2019

Understanding parental mediation of violent television commercials

Akshaya Vijayalakshmi, Russell Laczniak, and Deanne Brocato

Journal of Consumer Marketing

Purpose

This study aims to uncover in-depth examples of how emergent media affects parents’ views and socialization efforts. The study examines these views and efforts in the context of violent commercials.

Design/methodology/approach

The authors collected data for this paper using two studies. In Study 1, they collected data from the internet. Comments related to “violent ads” or “violent commercials” were collated and analyzed. For Study 2, they conducted in-depth interviews with mothers on their views on parental mediation and impact of media on their children.

Findings

The internet data helped develop a parental definition of violent ads and identify that parents lie on a continuum regarding their concerns about violent commercials. Further in-depth questioning of parents on the above finding led to the identification of four clusters of parents. “Media managers” attempt to control and restrict their child’s media environment while educating their child about the effects of violent commercials. “Enablers” spend abundant time co-viewing primetime TV while engaging their child in conversations on violence, but not on violent ads. To maintain harmony in the household, “Harmonizers” merely restrict viewing of violent commercials without educating their child about its effects. Finally, “Agent evaluators” are likely to co-view violent commercials, without discussing them with their child.

Research limitations/implications

First, several of the parental segments (media managers, enablers and harmonizers) tend to note some concerns with violence in advertising. Importantly, this concern for violence appears to be limited to gore and use of physical weapon. Second, while parents do not have homogenous views on violent ads, those who are concerned also have differing roots of concern. This influences their mediation efforts. Third, socialization is bi-directional at times.

Practical implications

Many parents do not approve are the use of physical violence, use of weapons and depiction of blood/gore even in ads for movies or videogames. Advertisers might be wise to avoid such content in ads directed to children. Second, if media and marketing managers could plan to sponsor TV shows (vs placing violent ads) that offer ad-free program time, parents might respond positively. Third, as socialization is bi-directional, advertisers could consider using ad scenarios where parents and children engage with the pros and cons of a certain product or content, thus enabling parent-child conversations to make an informed decision.

Social implications

Many parents notice violence in ads; policymakers could consider developing ratings for ads that consider the amount and type of violence while rating an ad. Second, a focus on increasing parental awareness on the harms of constantly exposing children to violent commercials might change the views of some parents who currently believe that a few or no violent commercials are being aired during children’s programs. Finally, parents envisage a greater role for media in their lives, and policymakers will have to suggest ways to effectively integrate media content in one’s lives rather than just suggest bans or restrictions.

Originality/value

The contributions of this paper include viewers’ (vs researchers’) definition of violent commercials, showcasing that parents are likely to manage media using new media options such as Netflix, and some parents are likely to co-create rules with their children.

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IIMA