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FIIB Business Review
Number of Followers: 0  
 
  Hybrid Journal Hybrid journal (It can contain Open Access articles)
ISSN (Print) 2319-7145 - ISSN (Online) 2455-2658
Published by Sage Publications Homepage  [1151 journals]
  • Creating ‘PROP’ to Achieve Organizational Success: A Future
           Research Agenda
    • Authors: Sudhir Rana
      Pages: 1 - 4
      Abstract: FIIB Business Review, Volume 10, Issue 1, Page 1-4, March 2021.

      Citation: FIIB Business Review
      PubDate: 2021-03-28T07:05:59Z
      DOI: 10.1177/23197145211006218
      Issue No: Vol. 10, No. 1 (2021)
       
  • Burma Drinx Group (A): Strategizing for CEO Succession in a Family
           Business
    • Authors: Daniel Degravel, Christina Hui Min Tun
      Pages: 16 - 32
      Abstract: FIIB Business Review, Volume 10, Issue 1, Page 16-32, March 2021.
      Burma Drinx Group, a large family-owned conglomerate in Myanmar, an Asian country in economic and political transition, is about to reinvent itself to achieve success and adaptation to its evolving context. Based on internal and external information about the firm, the case states the challenges and issues that Burma Drinx Group (thereafter BDG) is experiencing as a family-owned conglomerate operating in a ‘non-friendly’ business environment and in a turbulent political and economic context. It focuses on the group CEO Aung Win’s succession. The reader is invited to understand the specificities of BDG’s internal environment, and to manage the idiosyncrasies of this family business conglomerate regarding CEO Win’s succession. Beyond the succession issue, BDG’s decision-makers face critical challenges for the future and have to make bold and courageous decisions to build on the success of the organization. The case proposes a consulting-case style where analysis and reflection are required to understand the challenges and to provide relevant solutions to the top management of the company. Material from the academic literature about succession is offered as a resource to the reader.
      Citation: FIIB Business Review
      PubDate: 2021-02-02T07:13:03Z
      DOI: 10.1177/2319714520975924
      Issue No: Vol. 10, No. 1 (2021)
       
  • Conference Review: 6th International Management Conference on Advances in
           Management Through Research, Innovation and Technology (AMRIT)
    • Authors: Arpan Anand, Shirly Rex
      Pages: 36 - 38
      Abstract: FIIB Business Review, Volume 10, Issue 1, Page 36-38, March 2021.

      Citation: FIIB Business Review
      PubDate: 2021-03-28T07:07:45Z
      DOI: 10.1177/2319714521994963
      Issue No: Vol. 10, No. 1 (2021)
       
  • Leveraging Emotional Intelligence Competencies for Sustainable Development
           of Higher Education Institutions in the New Normal
    • Authors: Uma Warrier, Monoo John, Surendranath Warrier
      Pages: 62 - 73
      Abstract: FIIB Business Review, Volume 10, Issue 1, Page 62-73, March 2021.
      COVID-19 pandemic has impacted all the economies and brought in an unprecedented change across sectors, especially the academic sector. Adapting to the new normal seems to be the only way forward for millennial scholars. This study explores the possibility of augmenting learning and the holistic development of scholars of higher education institutions (HEIs) by leveraging emotional intelligence (EI) to strategize practices that help in learning and development for the unforeseen future. Sustainable development strategies for HEIs are important imperatives in the new normal. This qualitative study using thematic analysis draws inputs from focus group discussions among 21 psychologists who are university campus counsellors. Fear of uncertainty and Impulse control emerged as major themes for student challenges in the new normal. Study findings illustrate the suitability of EI strategies for millennials to cope with the uncertainty skills and competencies needed for adapting. EI dimensions like self-awareness, self-control, adaptability and general mood are most relevant to deal with unknown future challenges. Sub-themes of stakeholder initiatives were identified as inclusion of EI in curriculum, life skill training and mental health profiling. This original study adds value as an exploratory study to form the foundation for quantitative analysis and shares perspectives for stakeholders of higher education.
      Citation: FIIB Business Review
      PubDate: 2021-03-28T07:06:24Z
      DOI: 10.1177/2319714521992032
      Issue No: Vol. 10, No. 1 (2021)
       
  • Quantitative Demands, Burnout, and Allied Outcomes for Indian Police
           Officers
    • Authors: Anil Kumar, Sarang Narula
      Pages: 74 - 85
      Abstract: FIIB Business Review, Volume 10, Issue 1, Page 74-85, March 2021.
      Policing job is quantitatively demanding and may draw upon officer’s resources. This study aimed to examine quantitative demands’ effects for officers’ burnout and allied outcomes. Specifically, the study examined a mediation model that incorporated burnout as a mediator of quantitative demands’ relationship with job satisfaction, commitment to the workplace, organizational citizenship behaviours, health, work–family conflict, and feeling to quit. Using a cross-sectional (paper–pencil version) design, the study examined the model in a non-random sample of 1,223 officers of an Indian state, Haryana. The results showed that quantitative demands were associated positively with burnout, and burnout partially transmitted quantitative demands’ effect on job satisfaction, work–family conflict, and feeling to quit. The results vis-à-vis other outcomes revealed inconsistent mediation of burnout (i.e., suppression situations). As expected, quantitative demands, via burnout, had a negative effect on commitment to the workplace, organizational citizenship behaviours, and health; however, the concerned direct effect was against expectation. Apart from contribution to knowledge, the study’s findings are potentially of value for the government and police administrators. Practical implications of the findings, limitations of the study, and directions for future research are discussed.
      Citation: FIIB Business Review
      PubDate: 2021-03-28T07:06:52Z
      DOI: 10.1177/2319714521999136
      Issue No: Vol. 10, No. 1 (2021)
       
  • Marketing Strategy for Financial Services in Indian Financial Service
           Institutions
    • Authors: Preeti Sharma, Avinash K. Shrivastava
      Abstract: FIIB Business Review, Ahead of Print.
      Indian financial sector passed through various stages of development including pre-nationalization, post-nationalization and the recent one post-liberalization. In these stages, marketing was at hibernation mode, as the relationship between banking and marketing was not considered important. However, the recent developments in the Indian financial sector as well as changes in customer preferences towards financial services have aggravated a need for a stronger relationship between marketing and financial service institutions. This thought grew up after there was a realization of the sustainable structure. In light of the above development, authors have attempted to study and explore the marketing strategy of financial service institutions specifically for financial products and services to target retail customers. This exploratory research is carried out by interviewing around 285 employees (in sales and marketing in banks and NBFCs) in Delhi-NCR region through a structured questionnaire. A total of 24 factors were identified through the literature available on the topic (factors that affect the marketing strategy of financial services offered). Exploratory factor analysis was applied, and it was found that five most influential factors are devising a differential marketing strategy. This marketing strategy has been named as ‘PRISM’ (acronym of the strategies developed).
      Citation: FIIB Business Review
      PubDate: 2021-04-05T04:41:55Z
      DOI: 10.1177/2319714521994510
       
  • Miguel Caballero: Marketing Strategy of Colombian Bulletproof Fashion
           Brand
    • Authors: Jashim Uddin Ahmed, Tasnim Tarannum, Asma Ahmed, Kazi Pushpita Mim
      Abstract: FIIB Business Review, Ahead of Print.
      Miguel Caballero is the epitome of what can be called a ‘Fashionable Protective Wear’. The brand was named after its brainchild Miguel Caballero himself during the raging times in Columbia. Back in the 1990s specifically, the political beliefs were compartmentalized into different violent groups in the country. Miguel envisioned this as a fancy business opportunity with a little bit of trick up his sleeve. His idea was to add fashion and pliability to a category of apparel that was once deemed to have been nothing more than a baggy, ugly-looking and inconvenient piece of must wear; not to mention the noticeability of the clothing and how it magnified the ones wearing it even more to the eyes of the oppressor. Although it was part of a graduation project, yet it turned into a whole business model. This case discloses Miguel Caballero’s journey and evolution of the brand throughout the decades. The brand has now become a state-of-the-art enterprise with a global value chain, and it is also standing at the top of its industry because of its unique strategy execution of engagement marketing. The company is the trendsetter and holds a massive market share with distinguishing strategies which exemplifies a perfect paradigm of the contemporary business world.
      Citation: FIIB Business Review
      PubDate: 2021-03-25T05:57:01Z
      DOI: 10.1177/2319714520988833
       
  • Effectiveness of Print Media Marketing in Digital Age: A Study on Indian
           Telecommunication Industry
    • Authors: Shaji Mathai, Saket Jeswani
      Abstract: FIIB Business Review, Ahead of Print.
      In today’s era, business is Internet-driven that embarked on the evolution of the digital era. We are in the digital age with complete technology-driven activities facilitated by the Internet. This has certainly opened many new options for businesses to plug themselves. A gamut of studies has reported a positive influence of print media marketing on business. However, this study examines the effectiveness of print media marketing in today’s highly competitive digital era for the Indian telecommunication industry. A model was proposed to gauge the effectiveness of print media on customer retention for the telecom industry. The study was conducted with 200 customers from various telecom service providers, using a survey questionnaire which was administered to them. Research findings indicate that the migration to online sources is inevitable although print media has not become obsolete. It is also revealed that the print media alone is not effective and hence is unable to retain the consumers. The integration of print media marketing with digital and social media marketing is the recommendation of this study. This bundle is often effectively utilized to reinforce awareness and retention. The study also presents implications, limitations and future research direction within the context.
      Citation: FIIB Business Review
      PubDate: 2021-03-17T05:29:12Z
      DOI: 10.1177/2319714521992631
       
  • COVID-19 Impact on Exports of Services: Opportunities, Challenges and
           Suggestions for India
    • Authors: Sivalingam Veeramani, Anam
      Abstract: FIIB Business Review, Ahead of Print.
      The COVID-19 outbreak has put the global economic scenario out of order. The mechanism of lockdown and social distancing has paved a grave situation for global trade in general and services in particular as they are inseparable and requires proximity between the supplier and the consumer. In view of the outstanding contribution of services in India’s foreign trade, this study examines the impact of the pandemic on aggregate, sectoral and mode-wise services exports from India. It ultimately seeks to highlight key opportunities, challenges and suggestions to protect and promote India’s services interest amid this global disruption. We review the quarterly and monthly services exports patterns from January to July 2020 based on the data obtained from the World Trade Organization and the Reserve Bank of India. The perspective on mode-wise services exports is derived from the Trade-in Services by Modes of Supply (TISMOS) data set of the WTO for 2017. The analysis highlights a severe drop in overall services exports, by over 10% during the second quarter of 2020. Travel, transport and financial services have been hit hardest. However, the decline in India’s services exports found as relatively much lower in comparison to other major services exporting economies. The comparative edge in digital or Mode 1 services offers greater opportunities for the country in the longer period if urgent policy initiatives and support are extended to potential online services sectors.
      Citation: FIIB Business Review
      PubDate: 2021-02-04T04:02:14Z
      DOI: 10.1177/2319714520984676
       
  • The Case for Regulating Huawei
    • Authors: Ilan Alon, Wenxian Zhang, Christoph Lattemann
      Abstract: FIIB Business Review, Ahead of Print.
      Huawei’s growth overseas has paralleled that of China Inc (Li and Farrell, 2020). Through favorable policies such as the Belt and Road Initiative, China has paved the way for Chinese multinationals to capture global markets, acquire and exploit new technologies, and have privileged access to local resources. In turn, Huawei has played an important role in the development of China Inc., its technological capabilities and global diplomatic relations. But Huawei plays by a different set of rules: it has been accused of unfair and illegal practices, and for breaking international norms. This perspective explores the need for regulatory oversight of Huawei.
      Citation: FIIB Business Review
      PubDate: 2021-02-04T04:00:54Z
      DOI: 10.1177/2319714520984666
       
  • Hinduja Brothers: The Edgy Family Business at the Third Generation
    • Authors: Hitesh Shukla
      Abstract: FIIB Business Review, Ahead of Print.
      The Hinduja Group, a closely held conglomerate, is among the world’s richest and valued centurion family business. Second-generation brothers are known for fellowship, legacy and togetherness. The four brothers’ sibling partnerships worked successfully for 50 years. They see all businesses as the Hinduja family’s business and not of any individual or any individual branch’s business. The third generation holds the reins and is working closely with the fourth generation. The family has a fortune worth $11.2 billion, which now stands disputed because the letter that all four brothers willingly signed in 2014 is now being contested in a legal battle in 2020. According to the letter, the financial assets of each brother belonged to every other brother and that each of them would appoint the others as their executors. The issue in the Hinduja family came in the light at the cousin’s consortium, when Srichand Hinduja’s daughter Vinoo moved to High Court in England, for the transition of ownership, seeking control of Switzerland-based Hinduja Bank for her family. The Hindujas face the twin threats of embarrassing exposures and a fragmentation of the family fortune at the third generation.
      Citation: FIIB Business Review
      PubDate: 2021-02-02T07:28:03Z
      DOI: 10.1177/2319714520982150
       
  • Exploring Challenges of Online Education in COVID Times
    • Authors: Deepak Pandit, Swati Agrawal
      Abstract: FIIB Business Review, Ahead of Print.
      This work is an attempt to explore aspects of online teaching and its related impact from the perspective of stakeholders in education. The paper outlines faculty experience and effectiveness in the online teaching environment, perspective requisition of students, and the support and resource building called for from academic leaders. We use observations, viewpoints, practical steps taken or needed by higher education institutions and universities in India. The primary and secondary data are content analysed and are further informed by literature. We state that academic leadership, collaborative peer learning, know-how of digital technology and online learning tools, training of faculty, dean review, readiness of students and discourse are important to create an ecosystem for effective online teaching. The article highlights the need of long-term perspective from academic leaders and the significance of blended teaching for faculty, in response to readiness in uncertain times. This paper reflects on the need for educational institutes to respond to the pandemic by building resources and factors and taking actions that result in an effective learning environment. They need to ensure training of all stakeholders and availability of technology and related resources, along with building a community for peer learning.
      Citation: FIIB Business Review
      PubDate: 2021-01-30T07:15:18Z
      DOI: 10.1177/2319714520986254
       
  • Does Socially Responsible Investing Pay in Developing Countries' A
           Comparative Study Across Select Developed and Developing Markets
    • Authors: Vanita Tripathi, Amanpreet Kaur
      Abstract: FIIB Business Review, Ahead of Print.
      Socially responsible investing (SRI) is the catalyst in aligning financial growth with sustainable development. The current study is an attempt to investigate the viability of responsible investment across major developing and developed countries of the world. The authors evaluate and compare the performance of socially responsible indices, against their general and conventional counterparts, in select developing and developed countries through market conditions of bull and bear over a 12-year window. Descriptive statistics and risk-adjusted-performance evaluation methods of performance evaluation reveal socially responsible investing to be non-penalizing in developing countries. Premium rewards earned by SRI help the responsibility indices in emerging countries secure topmost ranks, using Fama’s decomposition model. While no significance in difference of performance is found among the indices in overall period, the study finds that the SRI strategy in emerging economies can provide investors with a safe investment vehicle during adversity. Thus, SRI can provide diversification benefit to the international investor seeking country effect, social impact as well as financial reward through responsible investing. The study on SRI index evaluation implies useful insights for achieving global sustainability goals through the use of financial tools to every market participant, especially in the era of globalization.
      Citation: FIIB Business Review
      PubDate: 2021-01-20T11:56:00Z
      DOI: 10.1177/2319714520980288
       
  • Do Board Quality and Promoters’ Holdings Affect Firm Performance'
           Evidence from Small and Medium-sized Enterprises
    • Authors: Shweta Mehrotra, Birajit Mohanty, Tanushree Sharma
      Abstract: FIIB Business Review, Ahead of Print.
      Unlike large businesses, small and medium-sized enterprises (SMEs), being a key growth driver in accomplishing immeasurable socio-economic objectives, possess different governance structures and face unique governance issues. Through the agency perspective, this research endeavours to pore over how the quality of their board affects the performance of SMEs in India. A regression model was run applying heteroscedasticity robust standard errors (RSE) on a sample of 68 BSE-listed SMEs for the period from 2013–2014 to 2017–2018. The results of the regression of the performance of the SMEs against their board attributes showed the prominent contribution of high promoters’ shareholding, signifying that SMEs with a highly concentrated ownership structure demonstrate better performance. Firm leverage and firm performance were shown to have a positive and significant relationship with each other, suggesting that levered firms display substantially better performance. On the other hand, it was found that increasing the number of independent directors and female directors does not necessarily result in improved firm performance. This finding suggests that tokenism, that is, appointing independent directors and female directors merely to comply with norms but not in true spirit, can reduce a firm’s performance. This research effort contributes to the literature constructively through explaining the linkage between board quality and the performance of SMEs, particularly in the Indian context, and has implications for the escalation of governance standards through bringing more clarity to and streamline policy and disclosure.
      Citation: FIIB Business Review
      PubDate: 2021-01-08T07:14:49Z
      DOI: 10.1177/2319714520980286
       
  • The Directional Nature of Organizational Relationships and Their Effect on
           Individual Performance and Turnover
    • Authors: Majdi Anwar Quttainah, Dina Sabry Said
      Pages: 5 - 15
      Abstract: FIIB Business Review, Volume 10, Issue 1, Page 5-15, March 2021.
      The article identifies how differences in employee relationships with supervisors and co-workers affect employee performance and propensity to leave the organization. The study uses the leader–member exchange (LMX) and co-worker exchange (CWX) perspectives to understand these differences and the social capital theory to identify their impact, resulting in four relationship configurations with varying potential for success and vulnerability in organizations.
      Citation: FIIB Business Review
      PubDate: 2020-12-15T05:30:29Z
      DOI: 10.1177/2319714520972212
      Issue No: Vol. 10, No. 1 (2020)
       
  • Book review H. H. D. N. P. Opatha, Sustainable Human Resource Management:
           Expanding Horizons of HRM
    • Authors: Y. Anuradha Iddagoda, N. J. Dewasiri
      Pages: 33 - 35
      Abstract: FIIB Business Review, Volume 10, Issue 1, Page 33-35, March 2021.
      H. H. D. N. P. Opatha, Sustainable Human Resource Management: Expanding Horizons of HRM. University of Sri Jayewardenepura, 2019, 464 pp. (Paperback), ISBN: 978-955-52907-1-5.
      Citation: FIIB Business Review
      PubDate: 2020-09-10T09:35:03Z
      DOI: 10.1177/2319714520950175
      Issue No: Vol. 10, No. 1 (2020)
       
  • Building Emotional Resilience with Big Five Personality Model Against
           COVID-19 Pandemic
    • Authors: Shalini Sahni, Shyama Kumari, Prachi Pachaury
      Pages: 39 - 51
      Abstract: FIIB Business Review, Volume 10, Issue 1, Page 39-51, March 2021.
      The outbreak of novel coronavirus, which is declared as a ‘Global Pandemic’ by the World Health Organization (WHO), has affected around 210 countries and India is not an exception. It is an unprecedented ‘public health emergency’ and therefore, it is important that individuals should not fall into a prolonged depression or any other unhealthy psychological condition. Being concerned about the population at risk, the current study thus investigates how Big Five personality model can help in building emotional resilience during pandemic conditions. The current study thus investigates a sample of 254 adults at Delhi, selected through purposive sampling. Cluster analysis and stepwise regression analysis were conducted to establish the relationship and identify the significant personality traits required for building emotional resilience. The cluster analysis showed three main personality types (resilient, overcontrollers, and emotionally dysregulated) and further stepwise regression showed that individuals high on conscientiousness, openness and neuroticism were found to be associated with more change in emotional resilience. The findings thus achieved are a step towards psychological health of the individuals at risk. Additionally, the results of the study may be added to the psychological first aid (PFA) guide as reference point. Bearing in mind the potential for future research, it is recommended that longitudinal studies should be conducted, and the relationship should also be examined in the presence of other variables such as culture, life stressors and gender.
      Citation: FIIB Business Review
      PubDate: 2020-09-29T11:25:34Z
      DOI: 10.1177/2319714520954559
      Issue No: Vol. 10, No. 1 (2020)
       
  • How Does Servant Leadership Behaviour Affect Job Satisfaction' A Study
           on Indian Academia
    • Authors: Sonika Singh, Piar Chand Ryhal
      Pages: 52 - 61
      Abstract: FIIB Business Review, Volume 10, Issue 1, Page 52-61, March 2021.
      The importance of and focus on educational leadership have been increasing, but there have been insufficient studies in India testing the role of servant leadership (SL) and its impact on the job satisfaction (JS) of teaching staff. The present study examines the role of the SL behaviour of school principals and its impact on JS. Data were collected from 728 secondary school teachers belonging to Himachal Pradesh, a state of North India, using the multi-stage probability sampling technique. Mean, correlation and structural equation modelling (SEM) were employed in the data analysis to test our hypotheses. Statistical analysis revealed that teachers perceive a moderate level of JS and SL. A significant positive correlation was found between SL and JS, and SL was found to have a positive and significant impact on JS. The squared multiple correlation value (R2) showed a 57 per cent variance in JS among academic teaching staff. Despite being one of the educationally and economically high-performing states, Himachal Pradesh has not been the focus of educational researchers. The present study contributes to build and add knowledge on SL and JS by exploring the relationship between the two.
      Citation: FIIB Business Review
      PubDate: 2020-11-06T11:36:50Z
      DOI: 10.1177/2319714520968697
      Issue No: Vol. 10, No. 1 (2020)
       
  • Impact of Microfinance on Economic, Social, Political and Psychological
           Empowerment: Evidence from Women’s Self-help Groups in Kashmir Valley,
           India
    • Authors: Shagufta Tariq Khan, Mohd Abass Bhat, Mohi-Ud-Din Sangmi
      Abstract: FIIB Business Review, Ahead of Print.
      The present study attempts to examine the impact of microfinance on certain dimensions of women empowerment, namely economic, social, political and psychological. Quasi-experimental design comprising of control group (180) and treatment group (190) has been employed to assess the impact of microfinance on women empowerment. The findings revealed positively significant but moderate level of impact of microfinance on economic, political and psychological dimensions of women empowerment and only smaller overall impact on social empowerment. In addition, case studies further supported microfinance programme has substantially empowered women in terms of economic, political, social and psychological dimensions. More importantly, ambiguity over social empowerment was cleared.
      Citation: FIIB Business Review
      PubDate: 2020-12-17T06:12:25Z
      DOI: 10.1177/2319714520972905
       
  • What Support Can Higher Learning Institutions Provide to Motivate Students
           to Engagement in Self-Employment' Evidence from Tanzania
    • Authors: Felix Adamu Nandonde, Charles Omollo Malaki
      Abstract: FIIB Business Review, Ahead of Print.
      Numbers of universities are increasing in developing economies. With a rise on the universities in developing economies, there is a call for more research on the role of universities in developing entrepreneurs. This article aimed at understanding the kind of support, which university students in developing economies need to engage in self-employment. The study recruited 230 students, who were provided with questionnaires during class sessions. Students were allowed to carry questionnaires and fill them in their hostels. After two weeks, the questionnaires were collected through the assistance of class representatives. Likert scale was used in the questionnaire with 5-point itemized scale. Factor analysis technique and varimax rotation method were employed for data analysis. Scree plot was used to evaluate the number of factors significant for the study. Four factors namely business education support, compulsory training, resource support and moral support loaded significantly. The results of the study can inform the ways in which university students want their institutions to assist them to become entrepreneurs.
      Citation: FIIB Business Review
      PubDate: 2020-11-30T07:47:51Z
      DOI: 10.1177/2319714520966801
       
  • Blockchain Technology and Facilitation of International Trade: An
           Empirical Analysis
    • Authors: Md. Nur Alam Siddik, Sajal Kabiraj, Md. Emran Hosen, Md. Firoze Miah
      Abstract: FIIB Business Review, Ahead of Print.
      Blockchain technology, a distributed and decentralized ledger, has gained significant prominence in the sphere of information technology for introducing new innovations in international trade. It ensures safety and can reduce trade costs by removing the middleman from the trade process. Studies examining the effects of blockchain on international trade are scarce. This research aims to fill this research gap. By using time series world data for the period 2009–2018, this study empirically examines the link between blockchain and international trade. It uses a cointegration test and a generalized linear model (GLM) test to analyse the data. The robust findings of this research reveal that blockchain has positive effects on international trade. The findings further displays that blockchain accelerates and facilitates international trade and that there exists a unidirectional causality from blockchain to international trade. The research findings are of great significance for policymakers in developing policies to foster the use of blockchain applications as a facilitator of international trade.
      Citation: FIIB Business Review
      PubDate: 2020-11-09T08:09:30Z
      DOI: 10.1177/2319714520968297
       
  • Changing Nature of Work and the Gig Economy: Theory and Debate
    • Authors: Balwant Singh Mehta
      Abstract: FIIB Business Review, Ahead of Print.
      This article explores the changing nature of work across the globe, specifically in India, with the emergence of the gig economy. It discusses the theoretical background debates on work with technological change and highlights how India’s recent job market trends are rather disappointing, with rising unemployment and a decline in new jobs. In this scenario, the gig economy is fast emerging as a respite, offering employment opportunities for millions of Indians. This article also explores the prospects and challenges of gig work in India and the ways in which it can prove to be a provider of decent work opportunities for people. Finally, the article provides some important future-policy suggestions for the growth and improvement of work in the gig economy.
      Citation: FIIB Business Review
      PubDate: 2020-11-06T11:44:09Z
      DOI: 10.1177/2319714520968294
       
  • Determining the Influence of Private Labels on Sales of National Brands: A
           Qualitative Approach
    • Authors: Sheikh Basharul Islam, Suhail Ahmad Bhat, Mushtaq Ahmad Darzi
      Abstract: FIIB Business Review, Ahead of Print.
      Private-label brands (PLBs) are spreading their operations in all product categories and have marked their presence in almost all types of retail formats. They are posing stringent competition to national brands (NBs), be it offline (organized and unorganized) retail or online retail. Besides being favourites of value-conscious Indian consumers, PLBs are becoming a key focus of channel partners as well. In this context, the present research article is aimed at providing insights about how PLBs are able to garner the profit-centric interests of channel partners and how they are affecting the distribution of NBs in the unorganized retail sector. The study is based on information collected through semi-structured interviews with distributors and retailers from Haryana and Punjab. A thematic analysis was performed to draw meaningful inferences from the responses collected through the semi-structured interviews. The results reveal that channel partners’ interest in the high margins of private labels and their interest in maintaining long-term relationships with the latter make NBs vulnerable on parameters such as sales effort investment, in-store visibility, ordering quantity and frequency and numeric distribution. This study provides bases for understanding private label operations in the unorganized retail sector in India.
      Citation: FIIB Business Review
      PubDate: 2020-11-06T11:42:10Z
      DOI: 10.1177/2319714520968705
       
  • Is Microcredit a Reverse Innovation'
    • Authors: Arvind Ashta, Surender Mor
      Abstract: FIIB Business Review, Ahead of Print.
      The concept of reverse innovation can be defined on a spectrum ranging from narrow to broad. We look at the broad concept, which indicates that an innovation travels successfully from a developing country to a developed country. A few authors have indicated that microcredit is a reverse innovation. However, credit by itself is not an innovation, nor is lending to the poor. The essential feature of modern-day microcredit in developing countries is that it acts as a social innovation, using group lending, being primarily directed towards women and creating financially stable institutions. We do not find evidence that any of these features have been adopted by a developed country’s microfinance institutions (MFIs) in a sustainable manner. We consider that only the use of the words ‘microfinance’ and 'microcredit' have been adopted by developed countries to further the corporate image, and researchers should be aware that ‘microfinance’ holds different connotations in different regions.
      Citation: FIIB Business Review
      PubDate: 2020-10-09T07:43:13Z
      DOI: 10.1177/2319714520962924
       
  • Digitalization and the Indian Textiles Sector: A Critical Analysis
    • Authors: Kanupriya
      Abstract: FIIB Business Review, Ahead of Print.
      This article discusses and analyses the complex relationship between digitalization and the Indian textile industry. It is found that the process of digitalization has both positive and negative impacts on the sector, in terms of its opportunities and supposed challenges. To effectively meet the challenges and convert these into opportunities, it is proposed that certain measures be taken of the likes of protecting the jobs of the poor and imparting adequate digital skills to the textiles workforce. To make the digital economy a success and not a disaster, it is imperative that digitalization be supported by an effective information and communications technology (ICT) infrastructure, involving both the state efforts and individual initiative. A visionary and practical approach to the issue of digitalization shall render not only the industry but also the economy in an advantageous position, given the pre-eminence of the digital technologies in the world today. In sum, running away from the process of digitalization may be the last thing any industry could manage to do; only embracing it intelligently would be useful for the sector as well as for its stakeholders—managers, employees and the entire Indian economy.
      Citation: FIIB Business Review
      PubDate: 2020-10-07T08:38:24Z
      DOI: 10.1177/2319714520961861
       
  • Online Reputation and Stress: Discovering the Dark Side of Social Media
    • Authors: Faseeh Amin, Mohammad Furqan Khan
      Abstract: FIIB Business Review, Ahead of Print.
      The research on social media has mostly focused on its utilitarian aspects for both businesses and individuals. With growing embedment of social media in our individual affairs, it is important to study its negative impact on its users. This study provides an important perspective by studying social media user’s concern for online reputation and its relationship with stress which is moderated by social media dependency. This study was conducted on university students in India on a sample size of 350. Using Structural Equation Modeling, the relationship between ‘concern for online reputation’ and ‘social media stress’ was tested which revealed there is a positive relationship between the two variables. The results also suggest positive moderating role played by social media dependency in the relationship between ‘concern for online reputation’ and ‘social media stress’. This study has important implication for sociologist, psychiatrists and psychologists who will be keen to study this domain. Since this study was conducted on university students, it also has implications for parents and guardians who want to keep a check on their wards to prevent them from stress caused by social media usage.
      Citation: FIIB Business Review
      PubDate: 2020-09-25T08:39:06Z
      DOI: 10.1177/2319714520948171
       
  • The Future Is Circular: A Case Study on MUD Jeans
    • Authors: Sowdamini Thatta, Aruna Polisetty
      Abstract: FIIB Business Review, Ahead of Print.
      This case discusses the sustainable business model adopted by the MUD Jeans Company in the context of the Circular Economy (CE). The clothing industry evolved from clothing to apparel and eventually to fashion. The clothing economy shifted from the traditional linear to a sustainable circular model. Established in 2012, MUD Jeans introduced an innovative concept called "Lease a Jeans," thereby attempting to save precious natural resource. The fashion industry is the second largest polluter. Keeping in mind the UN Sustainable Development Goals, the company embarked on a nine-step action plan called MUD Method - simple but essential recycling concept. Increased awareness and urgency to shift to sustainable practices will only make the future of jean manufacturing and fashion industry practices to be circular. However, the company has to face challenges – more so when following the sustainability approach. This case followed the qualitative research method and case study methodology. The case appraises management students on the concept of business interests and sustainability practices.
      Citation: FIIB Business Review
      PubDate: 2020-09-10T09:33:45Z
      DOI: 10.1177/2319714520950163
       
  • Understanding the Microfinance’s Capital Structure: Does It Alter
           Its Business Model'
    • Authors: Nyamugira Biringanine Alexis
      Abstract: FIIB Business Review, Ahead of Print.
      This research brings together the recent empirical contributions related to the capital structure of microfinance institutions. Based on the review of the literature, we examine the implementation of standard finance theory to explain the change in the microfinance’s capital structure. The lack of appropriate theories to explain the microfinance’s capital structure entails the importance of this review of the literature. The review of empirical researches shows that the pecking order theory is applicable in the microfinance industry with respect to some specification while the industry’s business model evolves aligning with the life-cycle theory. Lastly, the impact of capital structure within the sector affirms the predictions of the profit-incentive theory.
      Citation: FIIB Business Review
      PubDate: 2020-09-03T06:19:14Z
      DOI: 10.1177/2319714520948990
       
  • Communicating Customer Ownership in Annual Reports: Perspective of Hedonic
           Value
    • Authors: Harri Talonen, Antti Talonen, Jari Stenvall, Tony Kinder
      Abstract: FIIB Business Review, Ahead of Print.
      Insurance industry is, and has been for a long time, characterized by a strong presence of customer-owned mutual insurance companies that account roughly one-third of the global annual premiums. As mutuals are owned by the communities they serve, one would expect them to display unique characteristics in how they create not only utilitarian but also hedonic value for their customer-owners. The aim of this study is to examine how managers communicate the hedonic value of ownership to their customer-owners. The data consist of 18 mutual insurance companies’ annual reports from seven different countries: Finland, Ireland, the Netherlands, Sweden, Switzerland, the UK and the USA. The resulting framework, produced by a thematic analysis, illustrates how managers of mutuals communicate the hedonic value of customer ownership. Results as well as the limitations of the study point out several interesting and new research avenues and managerial implications.
      Citation: FIIB Business Review
      PubDate: 2020-08-29T05:44:55Z
      DOI: 10.1177/2319714520945657
       
  • Book Review: Unlocking the Customer Value Chain: How Decoupling Drives
           Customer Disruption
    • Authors: Mukti Prakash Behera
      Abstract: FIIB Business Review, Ahead of Print.

      Citation: FIIB Business Review
      PubDate: 2020-07-24T11:59:36Z
      DOI: 10.1177/2319714520934913
       
  • Guru War: In Light of the 4’Ps of Strategic Marketing
    • Authors: Shantanu Saha, Vishal Soodan, Prajna Paromita Dey, Deepak Srivastava
      Abstract: FIIB Business Review, Ahead of Print.
      Today’s ‘gurus’ have stolen the show in the spiritual and commercial arena by making yoga and Ayurveda popular. This case study discusses the strategic marketing mix strategy adopted by Patanjali Ayurved Limited and Sri Sri Tattva. The case study brings forward the statistical underpinnings of both companies and carefully presents the qualitative assessment of the moves and countermoves of these companies against their respective set of competitors in the market. Moreover, the case study raises some pertinent questions that these companies must consider remaining in the market and retain their competitive edge.
      Citation: FIIB Business Review
      PubDate: 2020-07-24T04:51:09Z
      DOI: 10.1177/2319714520939669
       
  • Patanjali Ayurved Limited’s Skin Ailment Advertisement: What Have We
           Learnt'
    • Authors: Vinod Kumar, Vandana, Moulik Wason
      Abstract: FIIB Business Review, Ahead of Print.
      On 7 January 2018, Patanjali Ayurved Limited (PAL) published a print advertisement (ad) mentioning dark complexion as a skin ailment. This ad caught the eye of the young generation of India who is intolerant towards any kind of discrimination. People started giving their opinion about this ad and the issue was picked on social media channels such as Twitter, online blogs, news sites, etc. Users of social media clearly expressed their unacceptance towards the content of the ad. PAL tried to pacify the crowd by sending their spokesperson’s reply on Twitter. Seeing the continuous negative response, Baba Ramdev, co-founder and brand ambassador of PAL, responded on the next day in order to bring the situation under control. In such a scenario, PAL is analysing the entire incident and planning to revisit its marketing communication strategy. PAL is thinking not only to avoid such a situation but also to devise a better crisis management strategy for the future.
      Citation: FIIB Business Review
      PubDate: 2020-05-29T12:44:59Z
      DOI: 10.1177/2319714520925179
       
  • Crossword: At the Crossroad
    • Authors: Suchita Jha
      Abstract: FIIB Business Review, Ahead of Print.
      This case critically analyses the changing scenario of business dynamics in book reading. “Crossword,” a brand from India which started as a platform for bookselling, is finding difficult in recent times to survive in the market with people accessing books online or purchasing books online. The company has always tried to work on the innovation model to survive in the market .To be there in such a competitive market, it is important to streamline how the company should go ahead. The marketing team is not clear on what that should be, which should be the focus of their marketing plan. Should they start giving more emphasis to other divisions or book should be the basic source of their revenue model' They are also not clear that investing on communication will give them good returns.
      Citation: FIIB Business Review
      PubDate: 2020-05-08T12:29:32Z
      DOI: 10.1177/2319714520914205
       
  • Exploring the Co-operative Form’s Potential in Crowdfunding: A
           Non-monetary Perspective
    • Authors: Antti Talonen, Jarna Pasanen, Olli-Pekka Ruuskanen
      Abstract: FIIB Business Review, Ahead of Print.
      Technology-driven change has generated new, even revolutionary business models, characterized by high levels of user participation. In the finance field, business models based on crowdfunding have seen significant growth and entered use as an alternative means of extending access and gaining financing for various types of projects. Nonetheless, current crowdfunding practices have been subject to criticism for issues such as information asymmetry, lack of trust and transaction costs, spurring discussion of how to develop and improve these practices. One way of speaking to the criticism has been a suggestion that platforms could be owned by the ones who use them. While the associated way of thinking, referred to as platform co-operativism, has seen some inroads in practice, its novel and practical nature means that a clear knowledge gap remains with regard to its potential for dealing with challenges of platform economy. Consequently, the aim of this study is to examine the relevance and potential of the co-operative company form for crowdfunding arrangements. Our conceptual study utilizes existing research on co-operatives and considers features of crowdfunding from three different perspectives: asymmetry of information and of trust, interaction frequency and homogeneity of interests. As a result, we provide three taxonomies for outlining future research on co-operative platforms.
      Citation: FIIB Business Review
      PubDate: 2020-05-04T05:33:38Z
      DOI: 10.1177/2319714520920798
       
 
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