How does corporate social responsibility (CSR) impact shareholder value? Drawing on the results of one of his studies, Professor Hariom Manchiraju explains that shareholders of companies that are required by regulation to spend on CSR tend to experience negative stock-market reaction. Regulation that makes CSR compulsory tends to make shareholders view CSR as being burdensome and not in their best …Read More »
What strategies can companies use to reach customers in the last mile? Professor Sundar Bharadwaj highlights one of his studies that examines the impact of marketing skill development on outcomes. Professor Bharadwaj examines how companies can leverage local relationships and village-level entrepreneurs to alleviate risks and access rural markets.
Professor Sundar Bharadwaj. The Coca Cola Company Chair Professor, Terry School of …Read More »
The path to hell is paved with good intentions.
Chances are transport regulators in Karnataka have never read the aforementioned quote. And if they have, it appears they have not internalized its teachings in their day job. Little else explains their recent proposal to prescribe both a floor and a cap for cab aggregators operating in the state. Not to be …Read More »
Based on the case study by Navneet Bhatnagar and Kavil Ramachandran
When decision-making is embroiled in emotion, it is that much more difficult to arrive at a logical conclusion. Rohit Gupta, Strategy Head, Western Business Unit of Ketan Logistics Limited (KLL) and the oldest third generation member of this family business, was torn between living up to family expectations and …Read More »
Many analysts attribute the recent electoral success of the Bharatiya Janata Party to the effective implementation of social sector schemes launched by the government of India. The Pradhan Mantri Jan Dhan Yojana (PMJDY) is one such scheme, extremely ambitious in scope. It gave every person in India a bank account, including hundreds of millions of poor, financially excluded individuals. Are …Read More »
Most times, negotiating parties do not have complete information; this in turn, induces inefficiencies. Does this mean that more information possessed by negotiating parities leads to efficient outcomes in negotiations? In this video, Professor Deepal Basak explains that little information when compared to no information actually leads to greater inefficiencies in negotiations.
Professor Deepal Basak is Assistant Professor of Economics. at …Read More »
In July 2016, an editorial in this newspaper had queried, “Should RBI issue a new digital Bharatcoin?” and ended on a futuristic note encouraging policymakers and regulators to have a “discussion on Bharatcoin”. It is a testimony to the prescience of this newspaper that its early exhortation to explore the issue of Bharatcoin has found an echo in the report …Read More »
Based on the research of Sumit Agarwal, Shashwat Alok, Yakshup Chopra and Prasanna Tantri
A new study of the Indian government's employment guarantee scheme looks at its impacts on labour movement and supply, and firm productivity, investment and profitability, both in the short and long term.
The paper uses establishment-level employment and operating data to examine the potential effects of the Mahatma …Read More »