Corporate Entrepreneurship and Firm Performance: The Role of Business Environment as a Moderator

-- Osman Mohamad, T Ramayah, Herianto Puspowarsito,
Diah Natalisa and David P E Saerang

Corporate entrepreneurship can enhance the firm value. The firm that embraces the entrepreneurial behavior is posited to be more responsive to the changes in the marketplace. Responsiveness to opportunities is the prerequisite for success and growth. This paper presents the findings related to the practice of corporate entrepreneurship among Indonesian medium-sized firms. The findings show that there is a moderately high level of entrepreneurship among the participating firms. The analysis reveals that corporate entrepreneurship is positively associated with firm performance. With regard to the moderating effect of the external environment, it is established that government policies and economy do moderate the relationship between corporate entrepreneurship and firm performance. Implications of the study and directions for future research are offered.

© 2011 IUP. All Rights Reserved.

Corporate Social Responsibility Rating: India Focus

-- Lokaranjan Guha

Corporate Social Responsibility (CSR) has three major dimensions, namely, green practices, social welfare and ethical behavior. Fortunately, most CSR dimensions are measurable so as to facilitate CSR ratings in order to compare or highlight the different corporate sectors on a common platform. This paper at first charts the road map of evolution of India Inc. It has scanned particularly those companies who have crossed the various milestones of standard, namely, ISO 9000, ISO 14000, ISO 18000 and SA 8000, to satisfy quality, environmental trustworthiness, safety and social accountability, respectively. Next, the research investigates the role, the background framework and the potentiality of CSR ratings obtained from Karmayog.com platform that may act as suitable means to drive the industry further up the ladder of social responsibility. Tata Steel (TSE) has been found to be the best example, especially for Small and Medium Industries (SMEs) to follow, since CSR reporting may soon become mandatory for India Inc. as required by the Government of India. This paper culminates with the identification of the pivotal role of educational wings like Tata Institute of Social Sciences to extend the CSR journey further up to the breeding ground of future corporate citizens and in that spirit, the paper finally paints the current and future CSR picture of Eastern Institute of Integrated Learning in Management (EIILM) B-School at Kolkata.

© 2011 IUP. All Rights Reserved.

An Analysis of the Critical Competencies Relevant to Honey Enterprises in East Khasi Hills District of Meghalaya

-- Naval Lawande and Shubhangi Bhosale

The term ‘competence’ is used in various ways in the literature (McLagan, 1997). A study was conducted in East Khasi Hills district of Meghalaya. The survey considered the Self-Help Group (SHG) members involved in honey enterprises. The purpose of the study was to analyze the correlation between technical and behavioral competencies required for honey enterprises in Meghalaya and to determine the critical behavioral and technical competencies. The findings of the study revealed that there exists a correlation between technical and behavioral competencies. The most critical behavioral competency for the honey enterprise is teamwork and the most critical technical competency for honey enterprise is problem solving.

© 2011 IUP. All Rights Reserved.

Performance Analysis of High, Medium and Low Companies in Indian Pharmaceuticals Industry

-- Madhuri Mahato

This study looks into one of the prominent examples of success in India—the Indian pharmaceutical sector. The study tries to draw a performance comparison between high, medium and low category firms within this sector and also tries to assess the most significant variables contributing towards the Compound Annual Growth Rate (CAGR) for firms within each category. Eighty four firms of the Indian pharmaceutical sector formed the sample and they were analyzed for a period of 10 years from 1997-2006. Advertising and R&D intensities were considered along with labor productivity as independent variables to assess their impact on the CAGR. Regression results revealed that labor productivity donned the cap of significant contribution in the high category, while advertising intensity prevailed in the low category. But the medium category indicated non-feasibility for regression. On a comprehensive note, there was no significant performance variation among the firms in the three categories considered.

© 2011 IUP. All Rights Reserved.