{"title":"The Impact of the Hockey-Stick Phenomenon on the Retail Industry in India: Pre and During COVID-19","authors":"Tooba Ahmed, Salma Ahmed, Hamza Naim","doi":"10.52459/jowett24170922","DOIUrl":"https://doi.org/10.52459/jowett24170922","url":null,"abstract":"The hockey-stick sales phenomenon has been less examined in the earlier studies and doesn’t receive much attention due to the cumbersome process involved in the change of sales policies in the companies and the overall restructuring of the supply chain management. The process is costly and mostly the hockey-stick sales phenomenon has an adverse impact on the profitability of companies. However, this was not observed in the case of the companies belonging to the retail industry in India. Our study shows that hockey-stick sales have a positive impact on the profitability of the companies measured by Profit After Tax (PAT) while on the other hand during the COVID-19 period, the hockey-stick sales phenomenon appears to impact negatively the profitability of the companies specifically. The results could not be generalized as the results are industry specific, but the methodology could be applied to a different industrial sector in order to study the relationship between hockey-stick sales and profitability and its impact on the performance of the companies.","PeriodicalId":345637,"journal":{"name":"Journal of World Economy: Transformations & Transitions","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125178932","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 and Firm Performance in the Indian Context","authors":"Feeroz Hayat, Hamza Naim, T. Aziz","doi":"10.52459/jowett24160922","DOIUrl":"https://doi.org/10.52459/jowett24160922","url":null,"abstract":"In this study, we examine the impact of Corporate Social Responsibility (CSR) as a measure of Corporate Governance on firm performance for 348 firms in the NSE 500 Index listed in the National Stock Exchange (NSE) of India for the period 2012-2019. The results show that the total amount spent on CSR by the firms has a negative impact on the firm performance as there is a significant difference between the total amount incurred to be spent on CSR as per amendments in the Companies Act, 2013 and the total amount actually spent on CSR by the firms. It’s concluded that the number of CSR meetings held had no significant impact on firm performance. Results also show that firm size moderates the relationship between CSR and firm performance.","PeriodicalId":345637,"journal":{"name":"Journal of World Economy: Transformations & Transitions","volume":"113 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115587986","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":"Proposing a New Framework of Entrepreneurial Education and Intention in Indonesia: The Modified Theory of Planned Behaviour","authors":"Antonius Satria Hadi, I. Sentosa, Rosni Wahid","doi":"10.52459/jowett24150922","DOIUrl":"https://doi.org/10.52459/jowett24150922","url":null,"abstract":"Education contributes to more individual confidence and the ability to choose and make the right decisions while increasing creativity and innovation and fostering morals, character, and intellect. The variety of universities in the preparation and implementation of entrepreneurship programs makes concerns about those. This conceptual paper studies the practices of entrepreneurial education dimension toward the elements of the Theory of Planned Behaviour (TPB). The proposed framework aims to analyse whether the practice of the entrepreneurial education dimension consisting of curriculum, teaching methodology, and university role affects the behavioural characteristics of TPB which includes attitude, subjective norms, and perceived behavioural control further affecting students' interest in entrepreneurship. Another objective of this conceptual article is to provide an alternative framework for the entrepreneurial education dimension and its effect on each variable in the theory of planned behaviour. Overall, there are six hypotheses proposed by the researchers in this conceptual article. The recommended method to test the conceptual framework is the structural equation model analysis where mediation variables are applied. The validity test shall use confirmatory factor analysis while the reliability test uses Cronbach's Alpha. This article suggests further research for empirical testing by collecting data from respondents, i.e., students in universities which then shall be analysed using a structural equation model.","PeriodicalId":345637,"journal":{"name":"Journal of World Economy: Transformations & Transitions","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129218899","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}