Institute of Management & Information Science, Bhubaneswar

Pratibimba: January-June 2012

TITLE

Effect of Contextual Factors of Training on Training Effectiveness Study in Kedah State Development Corporation, Kedah, Malaysia

AUTHORS

Dr. Vimala Sanjeev kumar 1, Dr. Dileep Kumar. M. 2 & Ms. Hu Yanan 3

ABSTRACT

Employee training has been a matter of concern and attention by many business fields nowadays. Organizations realize that employee training is an essential element to increase efficiency of job performance and keep their business running, as competitions are getting more intense. Contextualizing this topic to Malaysian industrial scenario so many enterprise implemented various training programs to enhance their employees in skill oriented performance. However, on the contrary, it observed that the training environment still exist shortages in enterprises today. For instance, lack of knowledge of training programs, lack of training need assessments, lack of manpower to plan and design training and development programs, resources, infrastructure, skilled trainers, etc. This study by combining theoretical and empirical research tries to find out the influence of contextual factors on training effectiveness by incorporating variables like work environment, training environment, types of training and personal characteristics of trainees in Kedah State Development Corporation (KSDC) which is the parent company under BDB Company.

Keywords: Contextual factors, Training Effectiveness, Training environment and Work environment.


1 Associate Professor in College of Business, University of Utara at Malaysia, Email: virmala@uum.edu.my, sanjeevcv2000@gmail.com

2 Professor (OYA-GSB) in University of Utara at Malaysia, Email: prof.mdk@gmail.com, dileep@uum.edu.my

3 University of Utara Malaysia, Email: missing122@hotmail.com

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TITLE

Job Satisfaction among Women Managers

AUTHOR

Joby Joy 1

ABSTRACT

Women have a definite economic role to play, and it has become crucial to the modernization and transformation process of India. Women's conscious engagement in the corporate world brings a fresh perspective to gender equality and emancipation through economic independence. Their role in the corporate organization leads to an understanding of the multiple roles that women fulfill in a society.

The primary aim of the study was to assess the job satisfaction of the women managers in Information Technology, Healthcare and Banking sector based on a primary survey of 150 women managers. The result showed that women managers were generally satisfied with their job. A close view of specific job facets indicates that the highest level of satisfaction occurs in the area of supervision, present job and job in general.

Keywords: Women mangers, job satisfaction, correlation, Maslow's need hierarchy theory, Herzberg's two-factor theory


1 Professor in Amjad Ali Khan College of Business Administration at Hyderabad

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TITLE

Growth of Fruit Based Drinks in India using Exploratory Factor Analysis

AUTHOR

Dr. Kirti Arekar 1

ABSTRACT

In our research here, with the help of primary research & secondary data, i analyze different set of consumers on basis of their demographic & psychographic profiles and preference for a drink. Understand the factors which attract a customer to preferring fruit drinks over various other beverages. Identifying the set of factors or combination of attributes which a customer is looking for in a fruit drink .Analyze the current leading brands as per the market share (secondary research) & identifying the actual satisfaction level of consumers with these brands (primary research).Developing models through which we can categorize the effect of attributes on the overall preference for drink by customer, besides the characteristics of a drink the other factors involved in the purchase decision making process.

Keywords: Anova, Factor analysis, regression analysis & perception mapping


1 Assistant Professor in K.J. Somaiya Institute of Management & Research at Mumbai, Email: deshmukh_k123@yahoo.com

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TITLE

Assistant Professor in K.J. Somaiya Institute of Management & Research at Mumbai, Email: deshmukh_k123@yahoo.com

AUTHORS

Suresh Ch. Das 1 & Dr. Bishnupriya Mishra 2

ABSTRACT

Financial market volatility needs to be forecasted efficiently. The effect of derivatives trading on spot market volatility is a relevant study in the literature of finance. The objective behind this study is to find out the impact of selected automobile sector companies' futures trading on the underlying share prices. In order to capture the volatility pattern, the volatility of each segment have been calculated and then compared. In this study, along with statistical parameters the forecasting approach i.e., GARCH (1, 1) model has been utilized to examine the volatility which is time varying. The return of the automobile sector has decreased after the introduction of futures. The returns of automobile spot and automobile futures are not having significant difference.

Keywords: Volatility, GARCH, Heteroskedasticity, Autocorrelation, Time varying volatility, Volatility clustering, Domino effect


1 Asst.Professor in Dept. of Business Management, C.V. Raman College of Engineering at Bhubaneswar, E.mail- sureshsubah@gmail.com

2 Dean in Modern Institute of Technology and Management at Bhubaneswar, dr_b_mishra@yahoo.com

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TITLE

Time Series Behaviour of BOT in India: Evidence from Co-integration Analysis and Error Correction Model

AUTHORS

Partha Sarathi Sarkar 1 & Partha Sarathi Chakraborty 2

ABSTRACT

India, a developing economy contains trade deficit from its very inception. The main objective of the study is to portray some characteristics of India's trade in pre liberalization (1951-1991) and post liberalization (1991-2008) period walk in total export and import time series. Author attempt to understand the time series behavior of total export and import of India. Unit root tests recognize the existence of random walk. Johansen co integration test reveals long-run equilibrium relationship between these two variables. Getting the existence of co integration, the study attempts to find a causal relationship by using error correction mechanism. Additionally Unit root test is employed to examine the existence of heteroskedacity in the given time series. Ultimate Test results expose bidirectional long term causality and unidirectional short term causality between imports - exports of India. Findings of the study corroborate that India is unable to violate of its international budget constraints.

Keywords: Stationary, Co integration, Export, Import, Causality, ECM estimation


1 Lecturer in Dept. of Business Administration at Pailan College of Management and Technology, Kolkata, E-mail: partha.s.sarkar@gmail.com

2 Director in Pailan Group, Pc.pcmt@yahoo.com

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TITLE

Wealth Creation Through IPO Investing: Myth or Reality

AUTHORS

Dr. Anil Kothari 1 & Hemlata Chelawat 2

ABSTRACT

With the stock market upbeat, companies & promoters feel it is perfect time to raise money from the market. It is an opportunity simply too mouth- watering for them to ignore. So, we are seeing a flurry of activity in the primary market- companies queuing up to raise heaps of public money from primary markets. The IPO/ FPO pipeline is flush; several companies have brought an IPO/FPO, several others awaiting SEBI approval or in process of filing draft prospectus & yet others, planning to bring an issue. Several PSUs have also chosen to issue fresh capital through an IPO or an FPO. The year 2010 saw a number of mega public issues approach the market. It was the year when more than a whopping Rs 72,000 cr was raised through the primary market, with the listing of 66 new companies and floating of eight FPOs. The next year looks equally promising, especially when the line up includes FPOs from some of the biggest public sector corporations such as ONGC, Hindustan Copper and IOC.

The retail investors fancy these IPOs & invest in them with the objective of earning handsome & quick returns. But have all of them really delivered great returns? Is wealth creation for small investors through IPO investing a myth or a reality? This paper examines whether these issues have resulted in wealth creation for the small investors or have they been cases of 'big name; zero gain'.

Keywords: primary market, IPOs, FPOs, IPO returns, investments.


1 Associate Professor in M.L. Sukhadia University at Udaipur, kothari2201@yahoo.com

2 Guest Faculty in M.L. Sukhadia University at Udaipur, hemlatac.jain@gmail.com

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TITLE

Association between Motives of Borrowing and Personalities: An Empirical Study among Retail Banking Customers in India

AUTHORS

Dr. G.Ramasundaram 1 & Aiswarya. B 2

ABSTRACT

The growth of retail credit has been tremendous since the inception of economic reforms in India. There are many reasons for this drastic change. Some of the important reasons are change in demographic segment, profitability and non performing asset rate in retail loan, lack of demand for credit in the corporate sector and so on. However, banks concentrate on retail credit market, consumer may not avail credit just for the sake of availability of credit. There would be some causes or motives for borrowing. Hence this study has attempted to ascertain the motives behind borrowing credit from banks. Moreover, it is learnt from previous literature that the causes of borrowing are different from person to person. So this study has used personality as a base of segmentation for analyzing the variance in motives behind borrowing. It is found that there is significant association between personality of retail credit customers and motives of borrowing.

Keywords: Retail credit, Motives, Personality, Extrovert, Introvert, Conscientiousness, Materialism, Instability


1 Associate Professor in MBA Department, St Joseph's College of Engineering, Email: ramasundaramgr@yahoo.co.in

2 Assistant Professor in Department of Management Studies, Sathyabama University at Chennai

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TITLE

An Assessment of the Initiatives to Work - A Study with Reference to the Automobile Industry

AUTHOR

Dr. V. Jayashree 1

ABSTRACT

The current business situation is marked by a growing need to recruit and retain talent. A demand for experienced workers and the constant drive for greater cost efficiencies and competitiveness have created a situation where business leaders want clear answers about what it takes to develop and maintain a flexible and highly skilled workforce. The concept of training has been identified by organizations as a means to achieve this end. The function of training, then, focuses on identifying and evaluating the work initiatives of the employees in order to motivate them to better performances both individually and within a group and thereby enable them to handle the complex work environment.

This research paper aims to study and assess the initiatives to work of the management staff of the Automobile Industry in Chennai. Hypothesis testing was done by applying appropriate statistical tools such as Descriptive Statistics, One-way ANOVA, Chi-square Analysis and Frequency Analysis. Key findings identified select attitudinal, behavioural and work related aspects as contributing significantly to the work initiatives of the management staff of the Automobile industry. The findings from this study would thus help both the individuals and the top management to work on those aspects that would promote and enhance the work initiatives and correct those aspects that would hinder them and thereby serve as the basis for designing holistic training programs.

Keywords: Work initiative, Self-motivation, High Self-esteem, Interpersonal skills, Interactive training methods


1 Faculty in Hindustan University at Padur, deepthys_lc@yahoo.co.in

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Institute of Management & Information Science, Bhubaneswar