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3819 items in total found

Working Papers | 2022

Performance of quality factor in Indian Equity Market

Joshy Jacob, Pradeep K.P., and Jayanth R.Varma

We study the characteristics of Quality factor (QMJ) in India, which is the second largest emerging market. Dimensions of quality factor are impacted by the weaker enforcement of corporate governance norms in emerging markets. Diversion of revenues by promoters would result in poor profitability, while tunneling of profits would result in lower payout and lower growth. Therefore, investors are likely to attach greater significance to the quality dimensions in stock pricing. Consistent with this hypothesis, the Quality factor is even more important for asset pricing in India than in developed markets. The QMJ factor earns a four factor alpha of 0.92% per month, significantly outperforming the other widely employed factors, market, size, value and momentum factors. A long-only Quality factor earns an alpha of 0.69% per month. The alpha of quality factors is highly significant, judged by the thresholds recommended by Harvey, Liu, and Zhu (2016). The key drivers of the alpha are profitability and payout, which are both consistent with the tunnelling hypothesis. Besides the alpha, the low portfolio churn, lower risk, shorter drawdowns, and viability of long-only strategies restricted to large capitalization stocks suggest that portfolios tilted towards high-quality stocks are highly attractive to institutional and retail investors.

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Popular Press | 2022

Mindfulness, the myth of multitasking and winning Our inner game

Vishal Gupta

People Matters

Popular Press | 2022

Chief Marketing Officers: Do organisations really need them?, Brand Equity

Sourav Borah

Economic Times

Popular Press | 2022

Cargo drones and the future of logistics in India?(with Ajay Antony, Avi Dutt and Dr. Debjit Roy)

Sandip Chakrabarti

Times of India

Popular Press | 2022

Numbers and Beyond: Gender Equity in Corporate India at Board Level, (with Moksh Garg)

Promila Agarwal

Financial Express

Popular Press | 2022

Cargo drones and the future of logistics in India?(with Ajay Antony, Avi Dutt and Dr. Sandip Chakrabarti)

Debjit Roy

Times of India

Popular Press | 2022

How Different MSMEs Are Planning To Respond To Covid-19 Crisis?

Chitra Singla

BusinessWorld

Popular Press | 2022

The real victims of nativist labour laws? Low-income migrant workers

Chinmay Tumbe

Indian Express

Journal Articles | 2022

Impostor phenomenon and identity-based microaggression among hispanic/Latinx Individuals in Science, Technology, Engineering, and Mathematics: A Qualitative Exploration

Devasmita Chakraverty

Violence and Gender

Impostor phenomenon is defined as a psychological condition when some successful people do not fully ascribe their success to ability or competence, but attribute it to luck, generosity from others, or misjudgment, thereby experiencing an internal conflict. Microaggression is defined as subtle disparaging behavior that consciously or unconsciously discriminates people based on their background, personal identity, and group membership. Both impostor phenomenon and microaggression are commonly experienced in science, technology, engineering, and mathematics (STEM) fields, especially by women and BIPOC individuals—black, indigenous, or other person of color. Hence, the connection between microaggression and impostor phenomenon among BIPOC individuals needs deeper exploration. This qualitative study examined the research question: How do Hispanic/Latinx PhD students and postdoctorates in STEM describe impostor phenomenon and microaggression based on ethnic identity? U.S.-based participants were recruited using convenience sampling and snowball sampling. Semistructured interviews were conducted with 29 participants who self-reported experiencing impostor phenomenon. Interview transcripts were coded and analyzed inductively using constant comparison to develop themes. Twenty-two of the participants (18 women) experienced microaggression during training based on their Hispanic/Latinx identity. Microaggressive comments were made by faculty members, peers, and others in academia. Microaggression and impostor phenomenon were related through “othering” or feeling like outsiders, creating a sense of (un)belonging in STEM fields.

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Journal Articles | 2022

A cultural impostor? Native American experiences of impostor phenomenon in STEM

Devasmita Chakraverty

CBE- Life Sciences Education

Using a framework of colonization in science, technology, engineering, and mathematics (STEM), this U.S.-based study examined how seven Native American PhD students/postdoctoral scholars experienced impostor phenomenon. Participants were identified/contacted at a national conference on minorities in STEM through purposeful sampling. Surveys computed impostor phenomenon scores on a validated scale, while interviews documented how identity and culture contributed to impostor phenomenon in academia. Using a phenomenological approach, interviews were analyzed inductively using a constant comparative method. Surveys scores indicated high to intense impostor phenomenon. Interviews with the same participants further identified the following aspects of impostor phenomenon in relation to their minoritized identity: cultural differences and lack of understanding of Indigenous culture, lack of critical mass and fear of standing out, academic environment, family background and upbringing, and looks and diversity status. Developing a diverse and culturally competent STEM workforce requires a deeper understanding of what deters Native American individuals from pursuing a STEM career. They have the lowest college enrollment and retention rates compared with any race in the United States and could be vulnerable to racial bias and discrimination. Understanding impostor phenomenon through culturally relevant experiences would be crucial to broaden participation in STEM careers.

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