Faculty & Research

Research Productive

Show result

Search Query :
Area :
Search Query :
3891 items in total found

Working Papers | 1978

On Constructing a New Series on Corporate Fixed Investment

C Rangarajan and Patel Kirit

In this paper we have attempted to look at the various estimates that are currently available in relation to gross fixed investment in the corporate sector. These various estimates differ considerably among themselves not only in absolute amount but also in terms of year to year changes. Using the sample data provided by the Reserve Bank of India on the finances of public and private limited companies we have constructed a new series on corporate investment. We first estimated a series of total paid up capital in relation to public and private limited companies. These gave us the blow up factors to be used on the sample data. There is no reason to claim that our estimates are superior or better. However, we have in this paper brought out explicitly all the assumptions made in arriving at the estimates. Our study indicates very clearly that unless one is able to construct a reasonably reliable series on paid up capital of public and private limited companies, differences will continue to exist among the series provided by the different agencies as the estimates of gross fixed assets and therefore of gross fixed investment are extremely sensitive to the blow up factors used.

Read More

Working Papers | 1978

Price Policy and the Income of the Farmers in India

Gupta G S

The paper (a) attempts a brief review of the price policy pertaining to the agricultural sector (b) examines the impact of the policy on the income of the farmers (c) studies the broad features of the small vs. lArge farmers, (d) examines the impact of the price policy on the income of the small farmer, and (e) offers suggestions to enhance the effectiveness of the policy with respect to the small farmers' income. It finds that while the policy measures have favoured the former in relation to the non-farming community, their impact on the small farmer in relation to the large farmer is unfavourable.

Read More

Working Papers | 1978

The Brave New World of Young Indian Decision Elites

Sambrani Shreekant and Garg Pulin K

Among the young elite decision-makers in modern India, Indian Administrative Service (IAS) probationers and management graduates from institutions such as Indian Institutes of Management (IIM) rank high. They come from similar family and educational backgrounds. Yet, within the space of the first five years on the job, they display markedly different attitudes towards work. The paper makes an attempt to posit an exploratory hypothesis to account for this difference. The critical phase in the attitude formation is the time between the decision to apply for IAS examination or admission to IIM and actual entry into the job, a period of two and a half to three years. The bulk of this is spent in the professional training institution. The variables that influence work attitude include a cognitive map of career and life progression of each individual, inputs provided by peers and seniors and feedback from the trainers. Together, these influence attitudes towards the role of the environment and of the individual himself. While the administrator sees his role as the controller of resources and dispenser of justice and rewards, the manager sees himself as the creator and generator of resources. The administrator takes the micro-environment of the organization, namely, the bureaucracy, as given. He seeks to modify the macro social and economic environment. The manger, on the other hand, takes the macro environment as given and tries to modify the micro environment. This makes the best among the administrators visionaries and dreamers, while the best among the managers become doers in the short run. Neither, however, is in complete contact of the total Indian reality. Consequently, they become doomed, perhaps martyred; fighters of lost causes.

Read More

Working Papers | 1978

Problems in Teaching of International Marketing

Mohan Manendra

The question of initiating the process of application oriented education in International Marketing in countries like India is examined. Problems and issues in offering suitable programmes in this area for students of management and practising managers are elaborated.

Read More

Working Papers | 1978

Perception of Computers in the Indian Industry: A Study of Image and Attitudes in Two Textile Mills

Pareek Udai and Ghose Amitabha

This is an exploratory study to develop a scale to measure attitude towards computers and test some hypotheses about relationship between some background factors and personality variables with perception of and attitude towards computers. Data were collected only from two units. Since there was no difference in the trend, pooled data have been analysed. Perception of computers was studied by using two methods. Preferred areas of the use of computers and reasons for non-use of computers were also studied. No relationship was found between personality factors and perception of and attitude towards computers, excepting in the case of some aspects of self-disclosure and ambiguity tolerance.

Read More

Working Papers | 1978

Marketing Research and the Regional Languages Problem

Mehta Subhash C and Parikh Jayshree S

Marketing research studies in India, particularly those based on consumer surveys, which extend data collection beyond a particular linguistic region, confront a serious problem of language comparability in the questionnaires if they are meant for administration to populations using different languages. The questionnaires are often developed in the English language and then are translated into appropriate language versions. All the data is put together without recognising the extent of measurement differences arising out of "language effect". The present paper provides an empirical test of this hypothesis. Consumer ratings of an advertisement was used as a situation in this study. A total of 130 words or phrases were used to represent 7 different dimensions on which an advertisement can be rated, namely, vigour, sensuousness, uniqueness, credibility, information content, irritativeness (or its reverse, attractiveness) and personal relevance. All these words were translated into a regional language and sample of 100 consumers was asked to rate the ad on these words first in one language and later in the other. It was hypothesised that the ratings in the two languages on any word should have equal means, high corelations and should produce comparable distributions. The hypotheses were statistically tested through analysis of variance Kolmogorov-Smirnov test for ranked categories and test of corelations. The results of this study are quite conclusive and indicate that nearly 50% of the words failed to produce a similar ratings at least on one of the three criteria when ratings in the regional language were compared with their English version. The study thus clearly establishes that the language effect seems to seriously affect the data collection process in market surveys and unless adequate care is taken in translations to make sure that resulting data would be comparable, a confounding in the result occurs without the researcher realising the magnitude of such confounding. This study recommends a serious pretesting of the translated versions of questionnaires and the use of play-back technique for reducing such confounding.

Read More

Working Papers | 1978

Full Information Based Composite Indices - A Better Alternative to Principal Components

Misra P N

The problem of constructing composite indices has most often been tackled by using principal components in several disciplines. The approach, however, has some vital weaknesses. The paper suggests a method of constructing composite indices based upon full information contained in the data set. The method is also free from major defects of the method of principal components. The proposed method is amenable to simple statistical tests and provides a natural extension of the concept of centroid to statistically dependent constituent variables. The method is definitely a better substitute of the methods of principal components and factor analysis.

Read More

Working Papers | 1978

Wage Structure in Consumer Goods and Capital Goods Industries in India

Dholakia Bakul H

An attempt has been made in this paper to examine the wage structure in consumer goods industries in relation to that in capital goods industries in the light of the two major hypotheses, viz., 'the expected ability to pay hypothesis' and 'the technology hypothesis' which constitute the basic theoretical framework for explaining the inter-industry wage differentials in the manufacturing sector. The analysis is based on the cross-section data relating to the industries classified at the three-digit level of aggregation available from ASI 1975-76. The main findings of the study are: (a) There are significant differences in the inter-industry wage structure between the capital goods industries and the consumer goods industries in Indian manufacturing sector. On an average, wage rate in the consumer goods industries is lower than the wage rate in the capital goods industries and the former shows a much greater degree of absolute as well as relative wage differentials as compared to the latter; and (b) The inter-industry wage structure in capital goods industries is explained primarily by the corresponding inter-industry differences in the expected ability to pay, whereas the inter-industry wage structure in consumer goods industries is influenced also by the existing inter-industry differences in technological levels.

Read More

Working Papers | 1978

The Nagarsheth of Ahmedabad: The History of an Urban Institution in Gujarat City

Tripathi Dwijendra and Mehta M J

The paper claims that nagarshethship in Ahmedabad was an innovation in urban institution. Challenging the popularly held view that the institution began with Emperor Jehangir conferring this title on a principal merchant, the authors emphasize that the institution had a more spontaneous beginning and evolved gradually. It became hereditary after a Moghul emperor accorded official sanction to it in 1732. However, the rise of more formal institutions and the growth of industrial leadership after the establishment of the British rule, the institution became superfluous and gradually disappeared. Regretting that the conventional periodization of Indian history has hampered the study of institutional histyory, the authors plead for problem oriented rather than period based research.

Read More

Working Papers | 1978

Managerial and Organizational Determinants of the Performance of Indian Corporate Public Sector Enterprises

Khandwalla P N

Literature on the performance, control, and management of the central government non-departmental enterprises has been surveyed. A model of the managerial and organizational determinants of enterprise performance is developed and a number of testable hypotheses have been generated.

Read More
IIMA