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Journal Articles | 2018

From bazaar to Big Bazaar: Environmental influences and service innovation in the evolution of retailing in India, c. 1850-2015

Chinmay Tumbe and Shashank Krishnakumar

Journal of Historical Research in Marketing

Purpose

This paper aims to understand the factors affecting the evolution of retailing in India since the mid-nineteenth century.

Design/methodology/approach

This paper compares the trajectories of four distinct retail stores in India – Spencer’s pan-Indian retailing empire since 1863, Akbarallys’ department store chain in Mumbai since 1897, Apna Bazar’s consumer cooperative chain in Mumbai since 1948 and the Future Group’s pan-Indian retailing chain since the 1980s. Historical sources include firm biographies and newspaper archives.

Findings

This paper proposes a systems theory linking environmental influences and service innovation, to explain the evolution of retailing in India since the mid-nineteenth century. The key environmental influence on retailing has been state patronage – colonialism and high-end department stores until the 1940s, socialism and cooperative stores until the 1980s and liberalisation with restricted foreign direct investment in retailing until 2015 associated with indigenous corporate large retail format stores. Service innovation in terms of home delivery and recreation of the bazaar atmosphere due to norms on gender and community have also interacted to shape individual success in modern retailing and the dominance of small shop retailing over the long run.

Research limitations/implications

This paper questions standard accounts of retailing history in India that began with the late-twentieth century by showing the scale of a pan-Indian retailing chain in the early-twentieth century. It also provides an account of retailers that is missing in the current literature on the history of consumption in India.

Practical implications

Findings of this study will be useful to marketing professionals and teachers who wish to learn more about the history of retailing in India. It also shows how retailers navigated changes in the regulatory and business environment.

Originality/value

Through a comparative study, this paper outlines the environmental influences on retail formats and service innovation strategies that are required to serve the Indian market. It also brings to fore the significance of retailing chains in colonial India.

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Journal Articles | 2018

The effect of relationship and transactional characteristics on customer retention in emerging online markets

Anand K.Jaiswal, Rakesh Niraj, Chang Hee Park, and Manoj K.Agarwal

Journal of Business Research

Trust is important for maintaining customer relationships in online retailing, as customers have only a virtual connection with sellers. This is especially true in online markets of emerging economies, given their lack of trust-enhancing infrastructure and well-functioning regulatory institutions. We investigate the effect of trust and a set of other relationship and transactional characteristics—mode of customer acquisition, length of relationship, service communication, product return activity, and type of products purchased—on retention in the context of emerging online markets. We obtain data from an online retailer in India that include both survey and transaction information. Using a latent attrition model, we find that trust positively affects customer retention behavior. We also find that relationship length, service communication, product return experience, and the type of products purchased affect retention. Furthermore, we conduct split-sample analysis and suggest some managerial actions on spending efforts to enhance retention.

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Journal Articles | 2018

Project Nirman: The way ahead

Anamika Sinha, Biju Varkkey, and Priyanka Dave

South Asian Journal of Business and Management Cases

Project Nirman by SAATH, a Gujarat-based NGO, aimed at empowering and training migrated workmen as masons, carpenters and electricians as per industry requirements. The project was funded by Bosch India Foundation. Although all aspects of the pilot project were successfully tested for sustainability, continuous funding remained a challenge. The project’s protagonist wanted to upscale operations but was facing a dilemma. While exploring options for sustainability on a continuum of dependency to complete self-sufficiency, the protagonist became increasingly aware of roles and identities of each partner in such alliances.

Some peripheral dilemmas like challenges in identifying a socially relevant project, upscaling the pilot project, identifying team capabilities for growth and need for value integration by different stakeholders for desired growth were noted. This case closes by questioning on how strategic alliances should be made so that the four partners — government, community, Non-government Organization and corporate — learn to coexist with mutual respect.

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Journal Articles | 2018

Energy balance of Indian villages: A case study of seven villages

Amit Garg, Jaypalsinh Chauhan, and Abha Chhabra

Journal of Operation and Strategic Planning

This paper estimates the rural energy balance of 7 Indian villages of different agro-climate zones. This was done through primary survey of households in each village covering energy consumption, production, export, import and stock change across Crop, Livestock, Industry/Trade, Tree outside forest/plantations and Residential Sector. An energy flow model was created to capture all the various energy flows at household levels. Two villages are showing Negative annual energy balance—one is the desert village of Gujarat state and another is a tribal village of Mizoram state. All other villages were found to be energy positive mainly due to high forest density and high crop yields.

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Journal Articles | 2018

Investigating the impact of workforce racial diversity on the organizational corporate social responsibility performance: An institutional logics perspective

Amalesh Sharma, Aditya Christopher Moses, Sourav Bikash Borah, and Anirban Adhikary

Journal of Business Research

Racial diversity is considered an integral part of the business world. The extant literature has focused on the effect of racial diversity on a firm's financial performance and presented mixed findings. Building on the institutional logics lens and using a sample of 204 firms belonging to 9 industries and spread across 21 countries for a period of six years, we explore the impact of workforce racial diversity on the Corporate Social Responsibility Performance (CSRP) of a firm. In addition, we also investigate the contingency effects of a firm's absorptive capacity and slack resources on the proposed relationship. Using a seemingly unrelated regression model and accounting for endogeneity, we find that racial diversity has an inverted U-shaped relationship with a firm's financial and social performance and has a U-shaped relationship with its environmental performance. We also find significant moderating effects. Thus, we contribute to the theory and practice in the field.

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Journal Articles | 2018

Minimum wages in India: Current status and future prospects

Biju Varkkey and Rupa Korde

Policy in Focus

Journal Articles | 2018

The four eras of "marketing" in twentieth century India

Chinmay Tumbe and Isha Ralli

Journal of Historical Research in Marketing

Purpose

The purpose of this study is to understand the evolution of “marketing” in the public and corporate discourse of twentieth-century India.

Design/methodology/approach

The paper draws its inferences from an analysis of the digital Times of India and Financial Times historical newspaper databases, the corporate archives of two leading Mumbai-based firms – Godrej in consumer goods and Cipla in pharmaceuticals and oral histories of marketing managers.

Findings

The paper identifies four eras of “marketing” in twentieth-century India. Era I (1910-1940) saw the emergence of agricultural “marketing boards” and “marketing officers” in the public sector and the growth of Indian and multinational advertising agencies. Era II (1940-1970) witnessed the formation of management and advertising associations and business schools with close involvement of American players. In Era III (1970-1990), there was a paradigm shift as “marketing” grew in corporate discourse and firms began to employ “marketing managers” in “marketing departments”. Era IV (1990-till date) witnessed the explosion of “marketing” in public and corporate discourse alongside the consumption boom in India. The paper shows how “marketing” evolved separately in the public and private sectors and in different phases as compared to that in the West.

Research limitations/implications

This paper overturns conventional wisdom on marketing history in India, which has so far discounted its significance before 1960 or accorded primary significance to the 1990s’ economic liberalisation programme.

Practical implications

Findings of this study will be useful to marketing professionals and teachers who wish to learn more about the history of marketing in India.

Originality/value

The paper uses unexplored archival material and provides the first account on the evolution of “marketing” in public and corporate discourse in twentieth-century India.

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Journal Articles | 2018

Changes in the executive bonus payment patterns in India between 2008-16: Some evidences

Biju Varkkey, Rupa Korde, and Sunny Wadhwaniya

Compensation and Benefits Review

This article provides a brief overview of the trends in bonus payment to executives in India. Using data from the voluntary web based survey of Paycheck India, which is a part of WageIndicator Foundation, this article analyzes the trends in five types of bonuses, viz., performance, end-of-year, festival, profit-share and others, from 2008 to 2016, across public and private sectors and four types of industries, viz., manufacturing and construction; trade, transport and hospitality; commercial services; and public sector, health care and education. The results suggest that performance bonus is the most popular type of bonus, while profit-share is the least popular. However, from 2008 to 2016, the shares of all types of bonuses in both sectors (Public and Private) and all industries have been declining, and in most of the large industries and firms, bonuses in terms of cash payments are now restricted to fewer executives.

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Journal Articles | 2018

Managing children's internet advertising experiences: Parental preferences for regulation

Akshaya Vijayalakshmi Meng‐Hsien (Jenny) Lin and Russell N. Laczniak

Journal of Consumer Affairs

Recent research suggests that children are spending a significant amount of time on the Internet which increases their exposure to subtle, engaging, and interactive ads. As a result, policy makers have developed regulations intended to empower parents to manage their children's exposure to Internet advertising. However, prior research has not examined parental perceptions of these regulations. This article aims to identify (1) parents' regulatory preferences regarding children's exposure to Internet advertising and (2) whether (and how) parents' locus of control (LOC) drives their regulation preferences. Findings reveal that internal-LOC parents prefer parental responsibility while external-LOC parents prefer government regulations, parental responsibility, and involvement of independent organizations and firms. External-LOC parents' preference is mediated by their concerns about Internet advertising and their tendency to have faith in regulation. Policy makers can use the findings to develop guidelines that better assist parents in influencing their children's Internet use.

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Journal Articles | 2018

Job points model: An open source tool to determine the comparable worth of jobs

Manjari Singh, Jatin Pandey, Shrihari S Sohani, Jatinder Jha, and Biju Varkkey

Indian Journal of Industrial Relations

Comparable worth of jobs is very critical while taking compensation related decisions in any organization. Ascertaining the comparable worth of different jobs having varied levels of responsibility, decision-making, etc. is very challenging for any organization. However, it cannot be ignored if equity and justice has to be maintained to ensure employee trust and engagement. Organizations evaluate the comparable worth of jobs by utilizing tools that are based on methods such as job ranking, job classification, factor comparison and job points. The job point method of evaluation of comparable worth is considered to be one of the most trusted methods as it is devoid of subjectivity.

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