Past Issues : Features

(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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Family Philanthropy Management – a European Perspective

“The secret of happiness does not lie in possessing but in giving. One, who makes others happy, will be happy.” - French saying Family Wealth Management and Philanthropy Services 'Giving back' is as important as wealth preservation and value generation for most European business families. The expansion of philanthropy services within single family offices - non-bank wealth management service providers for business …

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Sharing Wisdom: Lessons From Successful Family Dynasties

It is not an easy task to emulate the most successful family firms because success is more to do with character and resilience. The most successful business-owning families take great pride in the business and its history ahead of profit-maximisation. They also have a deep sense of family, of unity, and ways of supporting one another. The author, in this …

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Corporate Governance, Business Growth and the Role of Independent Directors

The significance of corporate governance and the role of independent directors in the growth of a family business cannot be undermined. One of the major challenges a family business faces during its growth pertain to these. While corporate governance provides the required framework for accomplishing its objectives, the board of directors make sure that the organization’s vision and culture are …

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The Spectrum of the Triple Bottom Line

Dr. Thomas Schmidheiny, Chairman, Spectrum Value Management Limited, Zurich, and Former chairman, Holcim, the world’s leading cement, concrete, and aggregates enterprise, is a leading figure in the global entrepreneurial circles. The Thomas Schmidheiny Chair on Family Business & Wealth Management at ISB was instituted under the auspices of Dr. Schmidheiny. The purpose of the Chair was to enable Indian families …

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Self-Organising Smart Cities

Convergence of Information and Communications Technology (ICT) and conventional technologies are enabling the rise of smart cities. However, it’s imperative that adequate consideration of other related factors be taken into account. In this article, the author stresses upon the appreciation of the context and the precise needs for successful establishment of ‘smart cities’. The concept of ‘smart cities’, as a means …

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