In this paper we test the hypothesis of whether the presence of increasing number of microfinance institutions leads to over-borrowing. Some recent theoretical literature suggests that, in a joint liability setting, borrowers are more likely to borrow from multiple sources – without increasing...

Growth rates of regions (states) have generally followed the national level growth rates over time with small lags or leads. We find much coherence between the aggregate performance of regions over time and that of the nation, so that the periodization at the national level is also useful at the...

Using high-frequency stock price data, we investigate the effect of various stock-specific and market-wide events on intraday volatility dynamics in the Indian market. Modeling intraday volatility dynamics using FFF regressions, we examine the effect of – (a) cross-listing, (b) weekends and...

Owing to rapid urbanization and changing consumption patterns, more and more retailers are trying to put their best efforts to discover new avenues of success when it comes to the sales of horticultural commodities. There are several Indian companies as well as foreign companies who have been...

The Indian retail industry is estimated to be $470 billion. The organized or modern retailing with 6% share stands at $26 billion. It is projected to reach US$ 1.3 trillion by 2018 with the organized retail market estimated to grow at the compounded annual growth rate of 40% and reach US$107...

Vehicle rental providers offer differentiated services to reserve and walk-in customers. In this research, we study one such service differentiation strategy, a vehicle threshold policy, which is to hold vehicles for reserve class customers in anticipation of their future arrivals. To consider...

The paper examines the market impact of a unique IPO certification recently introduced in India – mandatory grading of IPOs by a credit rating agency. The grading was expected to improve the IPO pricing efficiency by providing comprehensive issue-related information to the market, especially...

This study examines the purchasing behaviour for environmentally sustainable products using the framework of the Theory of Planned Behaviour. It investigates the determinants of the purchase intention for environmentally sustainable products leading to the purchase behaviour for the same. The...

This paper examines the literature and practice in the field of social entrepreneurship. We specifically examine the diverse organisational forms under which Social Enterprises are undertaken and the dilemma they face when these enterprises grow. The literature is ambigious on what constitutes a...

The single row facility layout problem (SRFLP) is the problem of arranging facilities with given lengths on a line, with the objective of minimizing the weighted sum of the distances between all pairs of facilities. The problem is NP-hard and research has focused on heuristics to solve large...