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2758 items in total found

Working Papers | 1994

Hire-Purchase Installments: Are you Quoting Right?

Ragunathan V and Rao C V

This paper is concerned with the practice in the financial sector to quote hire-purchase installments for 100% finance schemes and deposit linked hybrid finance schemes on the basis of equal IRRs. The paper shows the inherent problems in the methodology adopted by the industry and highlights the extent to which the industry may be under quoting in cases of its hybrid schemes and presents a more equitable approach to quotations for different schemes, the paper also presents a more acceptable approach to such quotations.

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Working Papers | 1994

Structure, Firm Size and Technical Efficiency: Some Observations on Indian Industry

Patibandla Murali

The empirical results of this paper, for a sample of firms belonging to a light Indian engineering industry, show that very small and large firms are relatively technically inefficient in production. The larger size group of small firms appears to realize the highest level of technical efficiency. This is explained on the basis of organizational behavior of large and small firms as a response mechanism to the product and factor market structure conditions.

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Working Papers | 1994

Voluntary Action in India: Role, Trends and Challenges

Bhatt Anil

The paper discusses the role of modern voluntary organizations. The analytical categories of developmental, mobilization and political roles have been formulated to understand the impact of voluntary organizations on government, people and politics. The paper argues that voluntarism has brought about many innovations in doing development and working for equality and justice but its overall impact in either improving the physical quality of life or achieve justice and equality for the weak and the oppressed is insignificant. VOs have not been able to transcend their micro and local concerns. At one level VOs' role is essentially political insofar as it wants to bring about social transformation by redistributing power, status and wealth; at other level VOs have always turned away from dealing with mainstream power politics. Their micro level work in spite of its laudable achievements have reached a dead and in terms of social transformation. That is why distortions and decay have crept into the work of voluntary organizations in the last few years. It is suggested that if voluntary organizations want to bring about social transformation and avoid stagnation they must take on the task of changing and reforming political institutions, political processes and political behavior.

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Working Papers | 1994

Political Processes in Grievance Resolution: Managing Meaning of Due Process in Organization

Varman Rahul

This paper studies the actual process of grievance resolution from a political perspective in one of the largest integrated public sector steel plants in India. Six grievances case were analyzed from a political perspective. It is found that sources of power of the key actors and the influence tactics they use on one-another finally determines whether the case is decided in favor or against the grievant. Resolution of a particular grievance is only an episode in the ongoing political processes in an organization. Moreover, a proper understanding of political behavior involved in grievance resolution requires analysis at two levels: one, the explicit-apparent behavior of the actors: and two, the implicit-underlying behavior, which lies beneath what is apparent and manifests itself as symbols.

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Working Papers | 1994

On the Existence and Efficiency of a Voting Equilibrium for a Public Good Economy

Lahiri Somdeb

The main purpose of this paper is to formalize the concept of a compromise function. Subsequently, given a compromise function, we define a voting equilibrium and prove the existence of such equilibrium. We further show in our analysis that under some assumptions a voting equilibrium is Pareto optimal. We also show that voting equilibrist is invariant under cost linearizing transformations of the original economy. Finally, we close our analysis by exhibiting an intimate relationship between voting equilibria and Nash equilibria in the case of private provision of public goods.

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Working Papers | 1994

Rationing and the Private Provision of a Public Good

Lahiri Somdeb

In this paper we study a solution concept for resource allocation in an economy with public goods and a fixed set of cost-shares for each agent. This solution is originally due to Champsaur (1979). We study the existence and some interesting properties of this solution.

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Working Papers | 1994

Firm Size and Export Behaviour in a Developing Country

Patibandla Murali

In the context of Indian industry, this paper argues that in the presence of capital market imperfections and sub-optimal contractual arrangements, small firms face higher transaction or selling costs in the domestic market. One of the strategic responses by small firms towards overcoming the mobility barriers imposed by high transaction costs in the domestic market is to break into the competitive world market. Small firms that could realize a critical level of production efficiency and possible information externalities that arise through inter-firm linkages might be the ones that could succeed in exports. The empirical observations derived from the analysis of fire level survey data provide reasonable support to the main arguments.

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Working Papers | 1994

Institutional Infrastructure for Industrial Technology Development in India: A Review

Chaudhari Shekhar and M. R. Dixit

This paper provides an overview of the institutional infrastructure available for technology development in Indian industry. An attempt has been made to develop a system for classifying the various institutions. The paper also discusses briefly the role of the government in the development of industrial technology and analyses the achievements and failings of India; a science and technology infrastructure.

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Working Papers | 1994

The Market for Technical Services in India: An Empirical Study

Chaudhari Shekhar and M. R. Dixit

This paper presents the findings of a mail survey study of 132 firms covering seven industrial sectors: auto parts, machine tools, foundry, polymers, pharmaceuticals, textiles and software. The study examines the nature of usage of technical services by the surveyed firms, the sources from which the services are obtained, and the benefits and problems associated with sources. The most commonly used services were found to be; standards and testing, education and training, and information. Sectoral differences were found in the usage of some services. Locational concentration was found to be associated with a higher degree of usage of certain sources of technical services. Amongst the various organizational characteristics it was found that size, technological orientation and technical capabilities influences the choice of sources of technical services.

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Working Papers | 1994

Interaction Between Firms and Technology Institutions in India: Reflections on a Multi Industry Study

Chaudhari Shekhar and M. R. Dixit

This paper presents the overall findings of a study of industry technology institution interaction in seven industrial sectors in India; auto parts, machine tools, foundry, pharmaceuticals, polymers, textiles and software. In analyzing the nature of interaction between industry and technology institutions we have used an organizational stage model of technological development at the firm level in conjunction with demand and supply side factors: technological capabilities of firms and the demand for technical services; and its capabilities and the supply of technical services. On the basis of our analysis we present some implications for technology institutions for enhancing their interaction with industrial firms.

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