REST Journal on Banking, Accounting and Business最新文献

{"title":"Assessing Corporate Social Responsibility Performance using Grey Relation Coefficient Method: A Comparative Study","authors":"Sheetal.V. Hukkeri","doi":"10.46632/jbab/2/1/12","DOIUrl":"https://doi.org/10.46632/jbab/2/1/12","url":null,"abstract":". Corporate Social Responsibility (CSR), or as we commonly refer to it, is expected to dominate business reporting. Every company is required to have CSR policies and report on their related activities annually. This enables us to describe both socially responsible practices and socially irresponsible activities, which can be recognized. Today, CSR is considered an advanced universal concept that has evolved and grown methodologically. It is a globally known language and perspective that has become increasingly significant. In this decade, partners are expected to prioritize more than just making money and complying with the law; they must also demonstrate concern for business development. CSR has become an integral part of modern-day business. Social Impact: CSR studies enable us to comprehend how businesses affect society and what they have to offer. They examine how businesses promote sustainable practices, address social and environmental challenges, and enhance local communities. Research sheds light on the positive impact that corporations can have on society through the analysis of CSR programs and their outcomes. Stakeholder Involvement: CSR research emphasizes the importance of participation, including that of employees, clients, suppliers, communities, and investors. It investigates how businesses interact with and respond to their stakeholders to promote cooperation, communication, and trust. By developing deeper relationships and understanding successful stakeholder engagement tactics, businesses can enhance their social license to operate. Sustainability: CSR research plays a crucial role in the development of sustainable business operations. It explores how companies incorporate resource efficiency, environmental considerations, and climate change mitigation measures into their day-to-day practices. Research helps generate best practices and facilitates the transition to a more sustainable economy by identifying effective sustainability initiatives. Gray correlation analysis is a tool originally proposed by Deng to address MCTM (Multiple Criteria and Targeted Measure) problems. It has been successfully used to resolve various MCTM problems. GRA (Gray Relational Analysis) stands for the analysis pattern that examines the serial and data type relationship or geometric pattern between measurable impacts in a communication evaluation model. The following factors were analyzed in the study: Community relations, Diversity aspects, Employee relations, Ecological environment, Product aspects, Ownership by family, Ownership by founder, Ownership by mutual funds, Ownership by banks and insurance firms, Ownership by employees (ESOP), Family CEO (dummy), Founder CEO (dummy), Debt/equity, Return on assets. From the results, it is seen that the Founder CEO (dummy) has obtained the first rank, whereas the ownership by banks and insurance firms has the lowest rank.","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129252233","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Evaluation And Selection of Market Segments Based on The TOPSIS Technique Application","authors":"M. Nirmala","doi":"10.46632/jbab/2/1/11","DOIUrl":"https://doi.org/10.46632/jbab/2/1/11","url":null,"abstract":"Researching and choosing market segmentation is one of the most crucial marketing considerations for every company. For many businesses, choosing a target market is one of the most crucial marketing choices. This choice also has an ef-fect on the market mix, purchasing and distribution plans, as well as other business considerations. A strong target mar-ket is selected based on the results of the market segmentation assessment, a variety of parameters, including the size of the segment, the existence of competitors, risk, and profitability are taken into consideration. This article looks at some key segmentation models in respect to the characteristics of industrial markets. Many marketing decisions, including those involving the market mix selection, purchasing, the supply chain, distribution channels, etc., are centered on the target market. Market sector A few steps must be taken to ensure that each market segment's desirability is assessed be-fore one (or more) is selected for entrance. A market is thought to be segmented through this procedure into many sub-groups. The target market that can be reached can be chosen as customers and a subset. a distinctive marketing mixture (Cutler and Keller, 2005). As a multi-objective decision-making process, the TOPSIS approach can be used to address questions with numerous objectives. This study suggests that the TOPSIS approach, which has had positive outcomes, be used to assess foreign players when they are introduced to CBA teams. Because of the increasingly competitive industry, businesses must choose wisely when it comes to marketing issues. One of the most important difficulties is the evaluation and choice of market segmentation. The results show that different sectors may have varying success potential and that choosing the best might help firms fulfill their commitment to expanding their operations. This study can be used as a model for future research and the identification of market categories.","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"632 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116080689","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"An Evaluation of Redefining Education with Industry 4.0","authors":"Abin George, G. Navya","doi":"10.46632/jbab/2/1/8","DOIUrl":"https://doi.org/10.46632/jbab/2/1/8","url":null,"abstract":"In recent years, a new industrial paradigm known as Industry 4.0 has begun to trend in emerging technologies in the world, helping to bridge the gap between humans and machines in ways that can only be imagined in science fiction books. This technology is rapidly gaining traction in different parts of the world as a potential tool that can maximize corporate productivity, contribute to scientific growth, enrich a country's economy, and improve people's quality of life. This paper describes the concepts of the implementation of Industry 4.0 to redefine education in India. This study aims to identify the possible uses of Industry 4.0 technologies in the area of education and how they can be utilized to facilitate learning. The question is raised on why the Indian education system needs to implement Industry 4.0. A literature study method and a SWOT analysis were used in this study. The results show that it can help to achieve personalized learning, smart classrooms, Data analytics, collaborative learning, and learning management systems. Industry 4.0 has the potential to transform education in India by providing new tools and methods for teaching and learning that can enhance the quality and effectiveness of education.","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"107 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131834730","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Corporate Social Responsibility in Post COVID-19 Period","authors":"Deepali Dandwani, H. Kumar","doi":"10.46632/jbab/2/1/3","DOIUrl":"https://doi.org/10.46632/jbab/2/1/3","url":null,"abstract":"The paper offers some initial examination on how Covid-19 pandemic has influenced the developments of Corporate Social Responsibility (CSR). The researcher argues that Covid-19 pandemic offers a great opportunity for businesses to shift towards more genuine and authentic CSR and contribute to address urgent global social and environmental challenges. The research study focuses on post COVID impact on CSR by the selected iron and steel industry to the societal development. For the study nine companies were selected namely, Godawari Power & Ispat Ltd., Jindal Power and Steel Limited, Hira Steel Limited, Jayaswal Neco Industries Limited, Shri Bajrang Power, and Ispat Limited, Prakash Industries Limited, Real Ispat, Sarda Energy & Minerals Limited, and Shivalay Ispat and Power Private Limited. The study also includes post COVID impact on CSR in Indian context. The study helps one identify some potentially fruitful research ideas. In terms of CSR, this paper encompasses its impact on CSR opportunities, trends, and consumer ethical decision making.","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"114 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121380765","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Corporate Social Responsibilities – Issues and Challenges in India","authors":"","doi":"10.46632/jbab/2/1/4","DOIUrl":"https://doi.org/10.46632/jbab/2/1/4","url":null,"abstract":"The concept of CSR is in existence since ancient times. The writings of ancient Indian epics have narrated CSR in various forms. Various studies over a period of time have given models for CSR approach. In India, Companies Act 2013, brought an end to the long run discussion on CSR practices by the corporates. The journey of CSR as a corporate responsibility has two broad perspectives, pre–Companies Act 2013 and post Companies Act 2013. CSR policy is still in a nascent stage and hence faces number of challenges. The Union Budget 2015 clarified that any expenditure on the Swatch Bharat Abhiyan is to be claimed as deduction u/s 80 G and not under CSR. Thus, Indian law on CSR still awaits clarification on many areas wherein claiming deduction u/s 80, exemptions from tax and treating it as CSR all are in existence.","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"103 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115578192","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Future of Payments in India: An Analysis of Digital Rupee and UPI","authors":"Kanchan Vyas","doi":"10.46632/jbab/2/1/5","DOIUrl":"https://doi.org/10.46632/jbab/2/1/5","url":null,"abstract":"The Reserve Bank of India’s digital rupee (e₹) and the Unified Payments Interface (UPI) are transforming the future of payments in India. In our research study, researcher adopted a qualitative method to understand existing literature on the topic. Official and non-official websites were analyzed for information. The study relied on secondary data only, as there was limited prior research in this area. This study analyzes the impact and potential of the digital rupee and UPI in the Indian financial landscape. The digital rupee, launched on December 1, 2022, offers many advantages over traditional paper currency, including security, accessibility, and government backing. The study also highlights potential drawbacks such as disruption to the banking system and security concerns. On the other hand, UPI is a platform for facilitating banking transactions, different from the digital rupee. The integration of the digital rupee with existing payment systems such as UPI and IMPS is expected to increase financial inclusion and reduce transaction costs. The study answers key research questions and concludes that the digital rupee and UPI have the potential to play a significant role in the future of payments in India.","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133456442","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Perception Of Auditors from Greater Mumbai Towards Fears and Threats in Reporting Financial Statements in Post GST Regime","authors":"CA. Nishesh Vilekar","doi":"10.46632/jbab/2/1/6","DOIUrl":"https://doi.org/10.46632/jbab/2/1/6","url":null,"abstract":"GST has brought numerous changes in the structure of indirect tax system in India by consolidating many Indirect taxes. Due to modern system in tax compliance’s role of auditors have become more responsible and scope for their profession. The present study aimed to study and analyse Auditors Perception towards fears and threats for reporting of financial statements in post GST era. The study was conducted by referring various optional information and primary data about perception of professional auditors was collected through well-structured questionnaire. The data was retrieved from, the sample size of 400 respondents from Mumbai. In order to analyse the study, frequency, percentage and weighted average method is used to draw conclusion of the study. The study concluded that Overall perception of Auditors from Mumbai is that due to reporting pattern in post GST regime there is fear and threat in the minds of auditor regarding reporting of financial statements which would compel them for more effective reporting.","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115038047","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Study of Fintech Solutions and its Adoption with Special Reference to MUMBAI City","authors":"CA. Nishesh Vilekar","doi":"10.46632/jbab/2/1/7","DOIUrl":"https://doi.org/10.46632/jbab/2/1/7","url":null,"abstract":"Financial technology (FinTech) is altering financial services in a number of ways, as well as how clients interact with the products these business models offer. Several FinTech solutions are developed to link the financial assets of consumers with technology to make use of any financial operations they might be interested in as simple as feasible. Data analysis reveals that people are interested in financial solutions. Its expanding adoption is based on people's understanding and perception of fintech. the various subcategories of fintech applications. It uses the survey method. With the aid of structured questionnaires, field data is gathered In order to examine how people felt about the adoption of financial technology, the author collected 100 samples from different parts of Mumbai. This study primarily focuses on the performance metrics for implementing financial technology and how they affect acceptance and popularity. Anova test is used to measure association of Demographic Factors on fintech Adoption.","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130074454","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Impact of Covid-19 Pandemic on Performance of Life Insurance Companies in Terms of Policies Surrendered","authors":"Roopendra Singh","doi":"10.46632/jbab/2/1/1","DOIUrl":"https://doi.org/10.46632/jbab/2/1/1","url":null,"abstract":"One cannot imagine life without insurance. In today’s world full of uncertainties, life is always at risk. To be more specific, people have become more health conscious than before. Every life is valuable. The urgent need of financial support to family after demise of the bread earner of family has caused awareness among households. There is a competition among companies to sell their insurance plans in the market. The insurer takes up the plan as per their requirements and future family supporting plans. The real test of companies lies in reducing the number of policies surrendered by the insurer after few time of initial zeal towards policies. The pandemic has recently force people to take up new plans while at the same time surrender them due to their personal reasons or unexplained reasons. The present paper attempts to study the impact of covid-19 pandemic on surrender of policies among the two giant insurance companies of the country, Life Insurance Corporation of India (LIC of India) and State Bank of India Life (SBI Life). The secondary data was collected from company’s annual reports. The claim amount pertaining to surrendered policies has been subjected to paired t test and the result showed that there had been significant difference in policy-surrendered claim value before and after pandemic for LIC of India whereas SBI Life result showed no significant difference in policy-surrendered claim value pre and post pandemic.","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128971761","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"A Study on Digital Technology Usage in Business with Special Reference to Dharmapuri District","authors":"S. Sekar","doi":"10.46632//jbab/2/1/2","DOIUrl":"https://doi.org/10.46632//jbab/2/1/2","url":null,"abstract":"Business drives economic activity around the world. A consequence of the growing role of digital technology is the major transformation of how businesses across industries, in and outside the digital economy develop, produce, and market their goods and services. The main aim of this paper is to find the Several Digital Platforms which are used in developing business in Dharmapuri District and also analyse the problem faced by the businessman to adopt the digital technology.Dharmapuri district is known for its mango, tamarind, pulse, silk reeling, silk twisting, rice milling,manufacturing of readymade garments, power looms, sugarcane crushingand cacoonproduction. Rice mills and sago companies, as well as many other industries are eager to produce energy food for people of all ages, have a lot of potential.In that five enterprises, 200 business people are selected as sample unit and size of this study by using stratified random method.This research paper is fully descriptive in nature. Primary data is collected via well-structured questionnaire, it consists of three parts like demographical factors of respondents, usage of digital technology and problem faced by the business people in digital technology in DharmapuriDistrict. Secondary data is collected via Annual reports, journals, magazines, booksand newspapers. Percentage Analysis, Weighted average method and Kursal Wallis test were used to analyse the collected data. Findings of the study revealed that there is a significant relationship between the investment made by the business people and usage of digital technologies in business.","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"56 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121266259","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}