{"title":"Do IPL teams escalate commitment for costly players? When do player status and reputation matter?","authors":"Sandeep Yadav , Deepak Dhayanithy","doi":"10.1016/j.iimb.2023.06.001","DOIUrl":"10.1016/j.iimb.2023.06.001","url":null,"abstract":"<div><p>This study examines the impact of individual-level factors on organisations' escalation of commitment (EOC) using self-justification theory and institutional perspective. We use the Cox proportional hazard model on Indian Premier League (IPL) players’ data from 2008 to 2019 to test the proposed hypotheses. We find that player sunk cost (salary paid), reputation, and high status are positively related to the IPL team's EOC (player survival in the same team) for the particular player. Results show that player reputation and high status positively moderate the relationship between player level sunk cost and the IPL team's EOC for the particular player.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"35 2","pages":"Pages 176-192"},"PeriodicalIF":1.7,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43634512","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":"Forecasting the direction of daily changes in the India VIX index using deep learning","authors":"Akhilesh Prasad , Priti Bakhshi , Debashis Guha","doi":"10.1016/j.iimb.2023.05.002","DOIUrl":"10.1016/j.iimb.2023.05.002","url":null,"abstract":"<div><p>The VIX index is an indicator of the market's perception of risk, and an accurate forecast of the movements in VIX can be very useful for investment risk management. So, the aim of this study is to predict the day-to-day movement of the India VIX using six deep learning architectures. All six architectures performed well and achieved a higher level of accuracy with minor differences than in previous studies. The findings of the study are of great relevance for assessing short-term risk as well as long-term strategies for hedgers, risk-averse investors, volatility traders, investors, and financial researchers.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"35 2","pages":"Pages 149-163"},"PeriodicalIF":1.7,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46491588","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 Influence of Helping Behaviour and Voice of Pleasant member on their Team Inclusion","authors":"M. Sahoo, J. Brice","doi":"10.1016/j.iimb.2023.03.002","DOIUrl":"https://doi.org/10.1016/j.iimb.2023.03.002","url":null,"abstract":"","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":" ","pages":""},"PeriodicalIF":1.7,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44214621","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":"How does strategic planning influence the performance of financial institutions? An empirical study of Ethiopia","authors":"Meseret Ebabu Ejigu , Tigist Abebe Desalegn","doi":"10.1016/j.iimb.2023.03.003","DOIUrl":"10.1016/j.iimb.2023.03.003","url":null,"abstract":"<div><p>This research investigates the impact of strategic planning (SP) on the performance of financial institutions in Ethiopia. The study also investigates the mediating role of strategic innovation (SI) and the moderating role of a political environment (PE). The study used cross-sectional research that relied on surveys. This study expands the knowledge edge in the field of strategic management through the discovery that SP affects the performance of financial institutions directly and indirectly through the mediation of SI; and the PE has a moderating role in the relationship between SP and performance, which has a positive and significant effect.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"35 1","pages":"Pages 26-39"},"PeriodicalIF":1.7,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42994828","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}
Amina Talat , Shamila Nabi Khan , Samra Chaudary , Nathan R. Neale
{"title":"Investigating ICT for team creativity: A team sensemaking perspective","authors":"Amina Talat , Shamila Nabi Khan , Samra Chaudary , Nathan R. Neale","doi":"10.1016/j.iimb.2023.03.004","DOIUrl":"https://doi.org/10.1016/j.iimb.2023.03.004","url":null,"abstract":"<div><p>This study examines the role of team sensemaking as an intermediary factor for the link of social environmental factors with team creativity. The findings of the study suggest that cognitive diversity and team autonomy have a positive relationship with team sensemaking and team sensemaking has a positive impact on team creativity. Further, autonomy and cognitive diversity are indirectly related to team creativity through team sensemaking. The results suggest that managers in knowledge-intensive industries should promote cognitive diversity and autonomy to develop team sensemaking, which in turn may stimulate creativity.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"35 1","pages":"Pages 15-25"},"PeriodicalIF":1.7,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49750363","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}
Soumya Saha , Gagari Chakrabarti , Sankarshan Basu
{"title":"Dynamics of time-varying currency beta on Indian industries: A Markov switching approach","authors":"Soumya Saha , Gagari Chakrabarti , Sankarshan Basu","doi":"10.1016/j.iimb.2023.04.004","DOIUrl":"10.1016/j.iimb.2023.04.004","url":null,"abstract":"<div><p>We examine the dynamics of time-varying currency beta across Indian industries. Through the Markov regime switching model we try to check whether currency beta is also regime-dependent, similar to other financial variables. The paper finds that currency betas are different in sign and magnitude for different industries. During different crisis periods, the nature of currency beta revealed different volatility for different industries. Results also exhibit strong evidence of regime switch behaviour of currency beta. The findings are important to hedgers and portfolio managers who want to hedge and diversify currency beta during normal and turbulent market situations in an emerging economy like India.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"35 1","pages":"Pages 71-81"},"PeriodicalIF":1.7,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49244803","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":"Managing litigation risk through business legal expense insurance: Facilitators and inhibitors for MSMEs","authors":"Sanjay Kumar Mishra, Hemant Kushwaha","doi":"10.1016/j.iimb.2023.04.002","DOIUrl":"10.1016/j.iimb.2023.04.002","url":null,"abstract":"<div><p>This study explores the possibility of offering business legal expense insurance (BLEI) in India to enable 63 million Micro, Small and Medium Enterprises (MSMEs) to hedge against litigation risk. MSMEs, at present, depend upon independent law firms in the event of litigation. Based on the annual legal expense of a sample of 1822 MSMEs, this study suggests that the potential size of the market for BLEI among MSMEs may range between ₹291 billion (US$3.84 billion) to ₹417 billion (US$5.50 billion). Enabling regulatory intervention and the efficiency of the legal system is key to the development of the market.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"35 1","pages":"Pages 57-70"},"PeriodicalIF":1.7,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48673896","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 structural equations approach to policy evaluation: Case study of Mahatma Gandhi National Rural Employment Guarantee Programme","authors":"Sarabjeet Dhody Natesan , Rahul Ratnakar Marathe","doi":"10.1016/j.iimb.2023.04.003","DOIUrl":"10.1016/j.iimb.2023.04.003","url":null,"abstract":"<div><p>In this paper, we aim to present the use of structural equation modeling methodology to evaluate a conceptual model empirically, identifying factors critical to policy implementation. It is based on 311 responses from the mid-level implementers of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the flagship welfare programme of the Government of India.</p><p>Our research documents administrative and governance factors, strategic communication, planning, resources, well-defined networks and demographics of the implementers as critical to policy implementation. We expect it will promote the cause of implementation evaluation and encourage interdisciplinary methodologies for public policy evaluation purposes.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"35 1","pages":"Pages 40-56"},"PeriodicalIF":1.7,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47636120","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}