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Factors Affecting the Purchase of Food and Grocery Products
from Modern Retail Stores: An Empirical Study
--Govind Narayan and Rakesh Chandra
While the whole world is witnessing exponential growth in the modern form of retailing, India is no exception. The Indian food and grocery retail is the largest retail segment in terms of market share and has been attracting big corporate retailers to make their presence felt in the segment. Rising interest and growth of organized retailers in this segment has given pace to the growth of modern food and grocery retail in India. The food and grocery retail in India is still dominated by unorganized players and is continuously challenging the corporate retailers to tap the market. In this context, the retailers should be aware of the factors considered by the consumers for visiting an organized retail outlet. Thus, the objective of the present paper is to identify the factors affecting consumers’ decision to purchase food and grocery products from modern retail store by conducting a survey using convenient sampling of hypermarket shoppers in Patna, the capital of Bihar, India. The factors affecting purchasing of food and grocery products from modern retail are identified using factor analysis. The results reveal that seven key factors influence consumers’ purchasing from modern food and grocery retail store.
© 2015 IUP. All Rights Reserved.
Corporate Social Responsibility Disclosure Practices
of Public and Private Sector Banks in India:
A Comparative Analysis
--Sukhpreet Kaur and R Bhaskaran
In this paper, Corporate Social Responsibility (CSR) activities of 10 public sector and 10 private sector banks have been analyzed and their performances have been ranked based on 10 parameters. Data available on websites, in annual reports and sustainability CSR reports of all selected banks have been collected and studied. Among the public sector banks, State Bank of India and Indian Overseas Bank are the top performers, while among the private sector banks, ICICI Bank is the top performer. In the case of public sector banks, CSR activities are mostly carried out in the field of education, community welfare, financial inclusion and rural development. On the other hand, private sector banks are concentrating more on community welfare, education and rural development activities.
© 2015 IUP. All Rights Reserved.
Trends and Patterns in Venture Capital/
Private Equity in India: A Review
--Smita Tripathi
Venture capital investment has been increasing in India in recent times due to its strong potential, an improving regulatory environment and favorable demographics. This paper examines the trends and patterns of venture capital companies’ investment in India and the evolving regulatory framework permitting higher investment limits. The trends in venture capital investment are not only in the direction of exploiting IT/ITES sector, but also in infrastructure, retail, manufacturing and financial service sector. The policy framework has been gradually liberalized in the reactive mode rather than a proactive measure to help venture capital companies to increase their portfolio investment. The paper concludes that venture capital can fuel the economy, and the recent amendments and regulatory changes may encourage venture capitalist to invest more effectively in India and make Indian venture capital industry vibrant.
© 2015 IUP. All Rights Reserved.
Social Engagement Synergy of Unionized Employees
with Enterprise Objectives:
An Emerging Paradigm in Industrial Relations
--K Pradeep Kumar and S Suman Babu
The paper attempts to explore and test the relationship between the unionized employees’ social behavior at workplace during the changes being brought upon by the variants of enterprise agenda and union agenda within an enterprise. It also attempts to study the impact of establishing a midterm vision on industrial relations management within the economic context through enabled social engagement practices during its win-win long-term agreements for a decade timespan, ensuring the sustainable achievement of enterprise objectives. The primary data point is the enterprises’ objectives, unionized employees’ engagement, social cohesion patterns and the changes made in the long-term agreements/settlements with different unions. The secondary information includes the GDP database and the issues being faced by such comparative organizations. The research explores key industrial relations init iatives which substantiate the hypothesis in different organizations, and the empirical results obtained provide a strong support for the hypothesis that the involvement of employee social factors in an enterprise and its channelization towards enterprise agenda and corporate strategy reduce the risk of financial underperformance and enhance industrial relations’ work climate.
© 2015 IUP. All Rights Reserved.
Book Review
The Elephant and the Dragon: The Rise of India and China
and What It Means to All of Us
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