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Working Papers | 1994

Hire-Purchase Installments: Are you Quoting Right?

Ragunathan V and Rao C V

This paper is concerned with the practice in the financial sector to quote hire-purchase installments for 100% finance schemes and deposit linked hybrid finance schemes on the basis of equal IRRs. The paper shows the inherent problems in the methodology adopted by the industry and highlights the extent to which the industry may be under quoting in cases of its hybrid schemes and presents a more equitable approach to quotations for different schemes, the paper also presents a more acceptable approach to such quotations.

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Working Papers | 1994

Structure, Firm Size and Technical Efficiency: Some Observations on Indian Industry

Patibandla Murali

The empirical results of this paper, for a sample of firms belonging to a light Indian engineering industry, show that very small and large firms are relatively technically inefficient in production. The larger size group of small firms appears to realize the highest level of technical efficiency. This is explained on the basis of organizational behavior of large and small firms as a response mechanism to the product and factor market structure conditions.

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Working Papers | 1994

Voluntary Action in India: Role, Trends and Challenges

Bhatt Anil

The paper discusses the role of modern voluntary organizations. The analytical categories of developmental, mobilization and political roles have been formulated to understand the impact of voluntary organizations on government, people and politics. The paper argues that voluntarism has brought about many innovations in doing development and working for equality and justice but its overall impact in either improving the physical quality of life or achieve justice and equality for the weak and the oppressed is insignificant. VOs have not been able to transcend their micro and local concerns. At one level VOs' role is essentially political insofar as it wants to bring about social transformation by redistributing power, status and wealth; at other level VOs have always turned away from dealing with mainstream power politics. Their micro level work in spite of its laudable achievements have reached a dead and in terms of social transformation. That is why distortions and decay have crept into the work of voluntary organizations in the last few years. It is suggested that if voluntary organizations want to bring about social transformation and avoid stagnation they must take on the task of changing and reforming political institutions, political processes and political behavior.

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Working Papers | 1994

Political Processes in Grievance Resolution: Managing Meaning of Due Process in Organization

Varman Rahul

This paper studies the actual process of grievance resolution from a political perspective in one of the largest integrated public sector steel plants in India. Six grievances case were analyzed from a political perspective. It is found that sources of power of the key actors and the influence tactics they use on one-another finally determines whether the case is decided in favor or against the grievant. Resolution of a particular grievance is only an episode in the ongoing political processes in an organization. Moreover, a proper understanding of political behavior involved in grievance resolution requires analysis at two levels: one, the explicit-apparent behavior of the actors: and two, the implicit-underlying behavior, which lies beneath what is apparent and manifests itself as symbols.

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Working Papers | 1994

On the Existence and Efficiency of a Voting Equilibrium for a Public Good Economy

Lahiri Somdeb

The main purpose of this paper is to formalize the concept of a compromise function. Subsequently, given a compromise function, we define a voting equilibrium and prove the existence of such equilibrium. We further show in our analysis that under some assumptions a voting equilibrium is Pareto optimal. We also show that voting equilibrist is invariant under cost linearizing transformations of the original economy. Finally, we close our analysis by exhibiting an intimate relationship between voting equilibria and Nash equilibria in the case of private provision of public goods.

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Working Papers | 1994

Rationing and the Private Provision of a Public Good

Lahiri Somdeb

In this paper we study a solution concept for resource allocation in an economy with public goods and a fixed set of cost-shares for each agent. This solution is originally due to Champsaur (1979). We study the existence and some interesting properties of this solution.

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Working Papers | 1994

Indian Auto Component Industry - Learning to Export and Grow

M. R. Dixit

This paper reviews the developments in the Indian auto component industry in the context of new economic policies. It analyses the technical capabilities and export experiences of the industry. It presents the findings of field and mail surveys aimed understanding the nature of competition, key capabilities and the involvement of internal and external agencies in technology development, and new product introduction. It concludes by saying that the industry is on the growth path and can exploit the emerging opportunities in the international market if the pace of learning by the industry is quickened.

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Working Papers | 1994

Indian Machine Tool Industry - Caught at the Cross Roads

M. R. Dixit

This paper reviews the development of the Indian machine tools industry since independence. It analyses the key capabilities and growth experiences of the industry in the domestic and international context. It presents the findings of field and mail surveys aimed at understanding the nature of competition, capabilities of the firms in the industry, and the involvement of the internal and external agencies in product and process developments. It concludes with the remark that the industry is at cross-roads. It is caught between increasing domestic competition and declining export competitiveness. It needs to build new capabilities.

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Working Papers | 1994

Group in Organizations

Bhatnagar Jyotsna and Singh J P

This note deals with the basics of Group Dynamics. It discusses the nature and types of groups in organization and elaborates on the need to study group behavior as well as why individuals join groups. The note also discusses the underlying processes in Group Behavior. Here the Interdependence between the group and the individual is discussed. The note also focuses on the distinction between what happens in a group (the content) and the way it happens (the process). It describes various stages of group development and discusses issues relating group structure and cohesiveness. The final section focuses on analysis of Group Interaction and the advantage and disadvantages of groups in organizational setting.

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Working Papers | 1994

The Conquest of Self? Intimacy and the Overcoming of Boundaries

Giri Ananta

The present paper looks at the changes taking place at present in the realm of intimacy and human sexuality in Europe and North America. The paper presents the description of such changes as offered by Anthony Giddens, an engaging sociologist of our times, in his recent book. The Transformation of Intimacy. It questions some of the assumptions that are taken for granted in the dominant discourse on this subject today such as the celebration of boundaries in the exploration and practice of intimacy, the delinking of sexuality from reproduction, and the irrelevance of the question of purity of purpose and intention in the work of so-called "pure relationship" where every one is free to enter and free to exit. The paper presents ethnographic work on American culture today, mainly on anti-abortion and pro-life movements, to argue that even in contemporary American society there are women who question the delinking of sexuality from motherhood and see in this devaluation the eclipse of the self-sacrificing aspect of culture itself. The paper argues that sexuality can itself be a field of "renewal of spirituality:" and intimacy can overcome boundaries rather than helplessly reproduce these.

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