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3549 items in total found

Journal Articles | 2021

Family firms and their participation in cross-border acquisition waves: evidence from India

Mohammad Fuad, Vinod Thakur, and Ashutosh Kumar Sinha

Cross Cultural & Strategic Management

Purpose – From the socioemotional wealth (SEW) perspective, family firms prioritize non-financial goals and show risk averse behaviour towards conducting acquisitions. In this paper, we study family firms' acquisitive behaviour while participating in CBA waves. Scholars have largely treated the cross border acquisition (CBA) wave and non-wave environments as homogeneous. We theorize that these two environments differ in their uncertainty and risk profiles on account of temporal clustering of acquisition deals. Accordingly, based on the SEW perspective, we examine the preference of family firms to participate in CBA waves. Design/methodology/approach – The paper is based on CBAs conducted by Indian family firms between 2000 and 2018. These waves are identified by conducting a simulation based methodology. Findings – Our findings suggest that foreign institutional ownership, firm age and acquisition relatedness moderate the relationship between family control and participation in CBA waves. Originality/value – Our paper contributes towards the acquisitive behavior of family firms and their participation in CBA waves.

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Journal Articles | 2021

How global marketing can be more global and more marketing: A bottom-up perspective from subsistence marketplaces

Madhubalan Viswanathan and Arun Sreekumar

Journal of Global Marketing

Our journey to subsistence marketplaces has been global in scope and resonates with marketing in beginning at the micro-level with a bottom-up orientation in understanding consumers, communities, and the larger context. This space offers an opportunity for us to discuss the broader lessons learned from this journey for global marketing.

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Journal Articles | 2021

Impostor phenomenon among engineering education researchers: An exploratory study.

Devasmita Chakraverty

International Journal of Doctoral Studies

Aim/Purpose

The purpose of this study was to explore reasons that engineering education researchers experience impostor phenomenon.

Background

Experiencing impostor phenomenon includes a psychological discomfort experienced by some high-achieving individuals who, by the very virtue of being successful, mistakenly believe that they are fraudulent and faking their success. Impostor phenomenon has been studied more broadly in science, technology, engineering, and mathematics (STEM), with little research specifically in engineering and computer science and none, to the author’s knowledge, in engineering education research. As an emerging discipline, some of the challenges in engineering education research include its poor connection with engineering teaching and learning, establishing multidisciplinary collaborations, and advancing global capacity. As a result of its poor connection with engineering fields, and being a new discipline, it is possible that engineering education researchers hold an identity that is different from engineering researchers. Some of them could be experiencing their training differently, struggling to find mentors from a similar background, and possibly feeling like impostors.

Methodology

Using purposive sampling and snowball sampling, US-based engineering education researchers participated in a short survey and a semi-structured interview. The survey consisted of demographic questions, items of the Clance Impostor Phenomenon Scale, and an open-ended question about an instance when participants experienced impostor phenomenon. Interviews examined, in detail, reasons for experiencing impostor phenomenon as engineering education researchers. The scale provided a measure of the intensity of impostor phenomenon. Interviews were analyzed inductively through constant comparison using a constructivist approach.

Contribution

Findings indicated various axes of othering (separating those who are perceived as different, non-dominant, or outsiders from the majority or popularly accepted norm) that made it difficult to develop a sense of belonging, especially for women, and contributed to impostor phenomenon. Othering occurred through identity-based experiences (gender-identity, engineer-identity), different methodologies used to conduct research, and different vocabulary used for academic communication.

Findings

The sample comprised of eleven participants (PhD students, postdoctoral scholars, and faculty), all of whom experienced high to intense impostor phenomenon (range: 61-91/100; mean 75.18). Participants were predominantly white women from twenties to forties. Interviews indicated two reasons for experiencing impostor phenomenon: (1) existing in a separate world from engineering (referring to cultural differences between engineering and engineering education including differences in communication styles, methodologies, and identities); and, (2) facing gendered experiences (for women).

Recommendations for Practitioners

It is recommended that practitioners are mindful of the tensions between worldviews, commonly used methodologies, and demographic differences between engineering research and engineering education research that could shape one’s experience in the field and contribute to “othering” during doctoral training and thereafter.

Recommendation for Researchers

Doctoral and post-doctoral training in engineering education research could be more inclusive and open to different research methodologies. Future studies deeply exploring various training challenges experienced by engineering education researchers could illuminate how the field could become more inclusive.

Impact on Society

The current study provides a nuanced understanding of the dichotomy between engineering and engineering education research, including the different styles in academic communication, research methodologies used, and identities. It also provides an understanding of the gendered experiences women have in the field, pointing to an overt or covert lack of recognition. Both these factors could make some feel like outsiders or impostors who question themselves and doubt their competencies and belonging in the field. Attrition from the field could be costly, even to the society, at large, given that the field is relatively new, evolving, and not (yet) as diverse in its worldviews, methodologies, and the demography of those it attracts for doctoral training and beyond. The study provides evidence-based understanding of how training in engineering education researchers could be re-imagined.

Future Research

Future research could examine, in detail, aspects of engineering education research training that may contribute to impostor phenomenon, poor belonging, poor identity, and othering experiences.

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Journal Articles | 2021

Meaningfulness and impact of academic research: Bringing the global south to the forefront

Premilla D'Cruz, Ernesto Noronha, and Sudhir Katiyar

Business and Society

Alongside scholarly and societal dimensions of research impact, the meaningfulness of research, emerging from the link to context, is crucial. Authentic inclusion of Global South scholars based in the Global South aids these objectives.

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Journal Articles | 2021

Lottery and bubble stocks and the cross-section of option-implied tail risks

Sobhesh Kumar Agarwalla, Sumit Saurav, and Jayanth R. Varma

Journal of Futures Market

The options smile provides forward-looking information about the risk at the center of the distribution (ATM-IV) and at the tails (Skew). We investigate the cross-sectional determinants of the options smile using indices that capture firm fundamental risks, heterogeneity in belief, lottery characteristics, and bubble characteristics. We find that at-the-money (ATM) volatility is explained mainly by historical risks and predicted future risks measured using accounting-based risk measures and firm characteristics. However, the cross-sectional variation in the skew is driven by risk premia and by buying and selling pressure, which is influenced by heterogeneity in belief and the underlying's lottery-like and bubble-like characteristics.

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Journal Articles | 2021

Time discount rate of forest-dependent communities: Evidence from Andhra Pradesh

Sundar Balakrishna and Vineet Virmani

Vikalpa: The Journal for Decision Makers

This study presents evidence on time discount rate of forest-dependent communities (FDCs) in the backdrop of the joint forest management program launched by the Government of India in 1990. The study uses data from two regions of the Indian state of Andhra Pradesh—Rayalaseema (a relatively dry forest region with low income) and the coastal region (relatively fertile forest and with higher income). We also identify socio-economic determinants of their patience levels and factors which distinguish the two regions. To elicit individual discount rates of FDCs members and their determinants, we use the choice task design methodology. Members from both regions were found to be highly impatient using the standard choice task design with the revealed time discount rate averaging 800% per annum. Members of FDCs from Rayalaseema were more impatient than their counterparts from the coastal region, although the statistical evidence is weak. We find no association between the income of members of FDCs and their time discount rate for both regions. Membership to caste categories showed a different response in both the regions, with members from the Scheduled Caste category and Other Backward Classes found to have a lower discount rate than those from the Scheduled Tribes category of Rayalaseema region and vice versa for the coastal region. For the coastal region, those with larger family size and heads of households were found to have a lower discount rate.

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Journal Articles | 2021

Web applications for teaching portfolio analysis and option pricing

Vineet Virmani and Jayanth R. Varma

Advances in Financial Education

Journal Articles | 2021

Relationship between negative teacher behaviors and student engagement: Evidence from India

Samvet Kuril, Vishal Gupta, and Vijaya Sherry Chand

International Journal of Educational Research

Journal Articles | 2021

Guest editorial: Architecting management scholarship in the era of disruption

Vishal Gupta, Naresh Khatri, and Karthik Dhandapani

South Asian Journal of Business Studies

Journal Articles | 2021

Solving bilevel optimization problems using Kriging Approximations

Ankur Sinha and Vaseem Shaikh

IEEE Transactions on Cybernetics

Bilevel optimization involves two levels of optimization, where one optimization problem is nested within the other. The structure of the problem often requires solving a large number of inner optimization problems that make these kinds of optimization problems expensive to solve. The reaction set mapping and the lower level optimal value function mapping are often used to reduce bilevel optimization problems to a single level; however, the mappings are not known a priori , and the need is to be estimated. Though there exist a few studies that rely on the estimation of these mappings, they are often applied to problems where one of these mappings has a known form, that is, piecewise linear, convex, etc. In this article, we utilize both these mappings together to solve general bilevel optimization problems without any assumptions on the structure of these mappings. Kriging approximations are created during the generations of an evolutionary algorithm, where the population members serve as the samples for creating the approximations. One of the important features of the proposed algorithm is the creation of an auxiliary optimization problem using the Kriging-based metamodel of the lower level optimal value function that solves an approximate relaxation of the bilevel optimization problem. The auxiliary problem when used for local search is able to accelerate the evolutionary algorithm toward the bilevel optimal solution. We perform experiments on two sets of test problems and a problem from the domain of control theory. Our experiments suggest that the approach is quite promising and can lead to substantial savings when solving bilevel optimization problems. The approach is able to outperform state-of-the-art methods that are available for solving bilevel problems, in particular, the savings in function evaluations for the lower level problem are substantial with the proposed approach.

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