Jan-Jul 2018

(Dis)Connecting People? 2016 Indian Demonetisation and Mobile Phone Markets

BY CHIRANTAN CHATTERJEE, SHREEKANTH MAHENDIRAN AND NEIL SHAH Could a macroeconomic policy shock like the 2016 Indian demonetisation have microeconomic implications for firms? The authors investigate this question in the context of the Indian mobile phone industry. They find that in the post-demonetisation period, Chinese smartphone manufacturers gained unintended advantages in the market relative to Indian and global firms. On November 8, …

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Negotiating International Marketing Joint Venture Dissolutions in Emerging Markets

BY KIRAN PEDADA, VENKY SHANKAR AND MAYUKH DASS Developed market firms are increasingly expanding into emerging markets by forming international marketing joint ventures (IMJVs) with firms headquartered in these markets. However, about half of these IMJVs are eventually dissolved. In this article, the authors study the impact of dissolution announcements on short-term abnormal returns to the emerging market firm and discuss …

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Ranking Indian Cities: The Smart Cities Index

BY ASHISH MOHAN AND TRYAMBAKESH KUMAR SHUKLA The newly developed Smart Cities Index provides a comprehensive framework for assessing the quality of city services for the 53 million plus cities in India across a variety of characteristics. Analysts at the Indian School of Business Punj Lloyd Institute of Infrastructure Management, Ashish Mohan and Tryambakesh Kumar Shukla, reveal the journey behind the …

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Pay for Performance in Government: Has its Time Finally Come?

BY PRAJAPATI TRIVEDI Holding governments accountable for delivering on promises and incentivising government employees appropriately is a fundamental requirement of good governance. This requirement can be met through a performance-related pay system, argues Professor Prajapati Trivedi. Can the Seventh Central Pay Commission’s recommendation to implement a performance-related incentive scheme for Indian central government employees achieve the desired results? In its report to …

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The Underappreciated Role of Management

BY SANJAY KALLAPUR Professor Sanjay Kallapur underlines the contemporary relevance of the work of business historian Alfred D. Chandler, who showed how management, more than technology, facilitated the rise of large wealth-creating organisations. Large organisations are the primary locus of wealth generation in modern economies. The late Harvard Business School historian Alfred D. Chandler with his two masterful books, The Visible Hand …

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Book Briefs

Little Bites of Big Data for Public Policy By Donald F. Kettl CQ Press, 2018; Public Policy Little Bites of Big Data for Public Policy brings to life the quest to make better policy with better evidence. This brief book frames the big puzzles and, through lively stories and clear examples, provides a valuable how-to guide for producing analysis that works--that speaks persuasively …

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Fly, Nation’s Citizen

Jayant Sinha, Honourable Minister of State for Civil Aviation, visited the Indian School of Business, Mohali campus, as part of the ISB Leadership Summit in September 2017. Professor Siddharth Shekhar Singh, Associate Professor of Marketing and Associate Dean, Research Centres and Institutes Outreach and Engagement at the ISB, caught up with Mr Sinha during his visit to learn more about …

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The Banking Canvas

Viral V Acharya, Deputy Governor of the Reserve Bank of India, visited the Indian School of Business to deliver the keynote address at the Centre for Analytical Finance (CAF) annual Summer Research Conference in July 2017. Dr Acharya, who was also the CAF Academic Fellow for 2017, has had an illustrious academic career and is also C. V. Starr Professor …

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Emergency Services in Emerging Economies: Challenges and First Steps

BY LAVANYA MARLA, YISONG YUE, KAUSHIK KRISHNAN, RAMAYYA KRISHNAN AND SARANG DEO Centralised emergency medical services (EMS) systems such as the North American 9-1-1 calling service are relatively new to emerging economies. Despite high demand, their growth and effectiveness have been low due to insufficient resources and systemic inefficiencies. Given the unique challenges of the Indian setting, Professor Lavanya Marla and …

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The Twin Advantages of Diversity and Familiarity in Teams

BY ANUBRATA BANERJEE, BASED ON THE WORK OF ZEYNEP AKSIN, SARANG DEO, JONAS ODDUR JONASSON AND KAMALINI RAMDAS. For services that use fluid or changing teams, it is commonly believed that prior familiarity among members helps the team work better. But team members who know each other may not always learn from each other, necessitating team diversity. Professor Sarang Deo and his …

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