Indian Corporate Sector Research Articles

A Study On Labour Welfare Practices In Suprajit Automotive Pvt Ltd, Bengaluru

Labour Welfare and Social Security has got tremendous significance with Public Sector, Private Sector and also Multinational Companies. The aspect of Labour Welfare requires a serious thought and also a honest and open approach that Money and Good Environment given to Employees never go waste. The Motto is take care of Employees and Workers and the Employees and Workers will take care of the Organisation. Employee oriented management has become a highly successful management in the Corporate Sector in India as well as in the Global arena. A happy employee is naturally a productive employee. The function of Human Capital Management is changing significantly in the present digital era. In response to the changing nature of the Workforce, Globalisation and rapid advancement in Technology, HR leaders are adopting innovative approaches and cutting-edge technologies to enhance Organisational effectiveness and enable employees to give their best. In this background, a detailed study has been conducted on the Labour Welfare Practices adopted at Suprajit Automotive Pvt Ltd, Bengaluru. Primary Data collected through a Structured Questionnaire administered to 100 respondents covering all departments and levels has revealed that the Company is providing satisfactory Welfare and Social Security amenities to its employees and Workers. However, there are certain areas where the respondents have expressed dissatisfaction and partial satisfaction. It will be in the interest of the company to look into these areas and take necessary remedial steps

Crafting Sustainable Success in Hybrid Work Practices - Quality of Work Life and Mediating Effects of Job Satisfaction & Leadership Support

The rise of hybrid work arrangements, accelerated by the COVID-19 pandemic, introduced both challenges and opportunities for organizations and employees. This study seeks to examine the sustainability of hybrid work models by analyzing the role of leadership support (LS) and job satisfaction (JS) as mediators in the relationship between Quality of Work Life (QWL) and Work-Life Balance (WLB). Data were collected via online surveys from 343 valid respondent employees working in the private corporate sector in India who had experience in remote or hybrid work setups. The hypothesized relationships among the named variables were tested using the PLS-SEM approach, with a standard bootstrapping procedure employed to disclose direct and indirect effects among latent variables. The findings indicate that employees strongly preferred the hybrid work model over the traditional work setting. Also, it reveals that QWL positively influences WLB, with both LS and JS serving as significant mediators. Leadership support, in particular, emerged as a crucial factor in the hybrid work context, influencing job satisfaction among employees and helping to strike a good balance between their professional and personal lives. The novelty of this research lies in its empirical demonstration of how leadership support and job satisfaction mediate the relationship between QWL and WLB, providing actionable insights for organizations to navigate the complexities of hybrid work model. The study recommends that organizations should formalize hybrid work arrangements; prioritize leadership communication; conduct regular team-building activities and focus on outcome-based performance evaluations. These strategies will enhance job satisfaction, strengthen leadership roles, and promote long-term prosperity with a positive societal and ecological impact.

A systematic review of models for the prediction of corporate insolvency

A thorough evaluation of recent developments in bankruptcy prediction models developed specifically for listed firms in India is presented in this research. Beginning with influential contributions from the evolution of bankruptcy prediction methodologies is traced through various statistical techniques, including logistic regression, neural networks and discriminant analysis. Recent innovations, such as duration models, partial least squares with support vector machines, and efficiency-driven distress prediction, are discussed in the context of their applicability to the Indian market. The paper highlights the significance of early warning systems in the wake of bankruptcy reforms in India and examines the regulatory framework's impact on bankruptcy prediction modeling. And it goes further into how macroeconomic variables and industry-specific variables might make bankruptcy models better predictors. Limitations such as small sample sizes, short time periods for samples, and the incorporation of qualitative data into predictive models are highlighted in the study as areas that require further investigation in future studies. Overall, this paper provides valuable insights for academics, practitioners, and policymakers involved in bankruptcy prediction and risk management within the Indian corporate sector.

Impact Assessment of CSR in India - A Study on Bse Sensex Companies

The present study is an attempt to investigate the recent trends in impact assessment of CSR projects undertaken by companies in the backdrop of the amendment of the Companies (CSR Policy) Rules, 2014 which mandates companies, satisfying certain eligibility criteria, to initiate impact assessment by independent external agencies. Based on the sample of BSE SENSEX companies, the study brings out some interesting insights such as the nature of projects, nature of assessing agencies, magnitude of expenditure, methodology and framework adopted for the assessment and concludes that Indian corporate sector can be immensely benefited by this exercise which aims to improve the transparency and accountability of companies undertaking the CSR initiatives.

Government Incentives for the Corporate Sector in India: Driving Growth and Investment in a Dynamic Economy

The Indian corporate sector stands as a critical engine propelling economic growth, job creation, and innovation within the nation. Recognizing this pivotal role, the Government of India has implemented a comprehensive framework of incentives and policies aimed at fostering a robust, dynamic, and investment-conducive business environment. This article delves into the key government incentives available to Indian corporations, encompassing tax breaks, subsidies, and regulatory reforms. It further analyzes the impact of these incentives on corporate behavior, economic development, and the overall business landscape. By drawing upon the latest data, case studies, and emerging trends, this analysis aims to illuminate the effectiveness of government initiatives in shaping a fertile ground for corporate growth and investment in India. Keywords: Government incentives, corporate sector, India, economic development, investment, business environment, innovation, competitiveness

From Green Vision to Market Reality: Exploring Sustainable Initiatives and Challenges in India

In the era of globalization and heightened environmental awareness, the relevance of green marketing has surged in India. This exploratory study investigates the evolution and significance of green marketing, shedding light on its golden rules and integration into the marketing mix. Emphasizing the imperative for sustainable green marketing, the study explores its objectives and delves into challenges faced by Indian companies. Recent data underscores the profitability of green marketing, propelled by consumer demand. A scrutiny of the Indian corporate sector reveals noteworthy green initiatives by key players such as H.C.L., O.N.G.C., Kansai Nerolac, Wipro, I.T.C., Tata, and Godrej. Challenges encountered include conveying new environmental concepts, managing costs, and gaining stakeholder cooperation. The study advocates aligning marketing practices with environmental considerations for holistic, eco-friendly approaches fostering sustainable growth in both business and the environment.

A study on the role of leadership in sustainable business practices in India

In the context of global environmental challenges and the increasing importance of sustainable development, the role of leadership in steering organizations towards sustainable business practices has become crucial, particularly in emerging economies like India. This theoretical research paper explores the impact of leadership styles and behaviors on the adoption and implementation of sustainable business practices within Indian organizations. Drawing upon a variety of leadership theories, including transformational, ethical, and servant leadership, the paper proposes a conceptual framework that links specific leadership attributes to sustainability outcomes in the Indian business context. The paper begins by examining the unique socio-economic and cultural landscape of India, which shapes the business environment and the sustainability challenges it faces. It then reviews the literature on leadership theories and their relevance to sustainability, adapting these concepts to the Indian context. The core of the paper hypothesizes that Indian leaders who exhibit transformational and ethical behaviors are more likely to foster a culture of sustainability within their organizations. This is due to their ability to articulate a clear vision of sustainability, inspire and motivate employees towards this vision, and incorporate ethical considerations into decision-making processes. Furthermore, the paper discusses the role of Indian philosophical and spiritual principles, such as the concept of Dharma (duty/righteousness) and Karma (action), in influencing leadership approaches towards sustainability. It argues that these indigenous concepts can enrich leadership practices and enhance the commitment to sustainability by aligning business operations with broader societal and environmental goals. To support its arguments, the paper synthesizes evidence from theoretical models, case studies of Indian companies that have successfully integrated sustainability into their business strategies, and interviews with business leaders known for their sustainability initiatives. Finally, the paper outlines practical implications for leadership development and policy recommendations to encourage sustainable business practices across the Indian corporate sector. By bridging the gap between leadership theory and sustainable business practices in the Indian context, this research contributes to a deeper understanding of how effective leadership can drive the transition towards more sustainable and responsible business models in emerging economies.

Logit model for predicting financial distress in Indian corporate sector

Logit model for predicting financial distress in Indian corporate sector

Users' perception towards e-governance adoption benefits: evidence from the Indian corporate sector

Users' perception towards e-governance adoption benefits: evidence from the Indian corporate sector

Exploring the Influence of Sustainability Reporting on Indian Corporate Financial Performance: A Meta-Analytical Synthesis

This research paper delves into the burgeoning field of sustainability reporting and its influence on the financial performance of Indian corporations, a topic of increasing significance in the evolving global business landscape. The primary objective of this study is to examine the extent to which sustainability reporting correlates with the financial performance of Indian companies, and to understand the nature and strength of this relationship. A meta-analytical approach was adopted to synthesize findings from diverse studies, providing a comprehensive overview of existing literature on the subject. This methodology involved rigorous inclusion and exclusion criteria, a systematic search across major academic databases, and the application of statistical techniques to calculate effect sizes and assess heterogeneity. The key findings indicate a positive, albeit modest, correlation between sustainability reporting and financial performance, as evidenced by an overall effect size (r) of 0.11. This outcome points to the importance of integrating sustainability practices into business strategies, not just as a compliance or ethical imperative but as a potential contributor to financial success. The study’s findings vary across different industries, with the banking sector showing a more significant relationship compared to non-financial firms. The implications of this research are multifaceted, influencing corporate strategy, policy formulation, and investment decisions. It underscores the strategic value of sustainability reporting in the Indian corporate sector and highlights its role in shaping a business approach that harmonizes economic prosperity with environmental and social responsibility. This study contributes to the broader understanding of the interplay between sustainability and financial performance, offering valuable insights for businesses, policymakers, and stakeholders in the rapidly evolving Indian corporate landscape.

Users’ perception towards e-governance adoption benefits: evidence from Indian corporate sector

Users’ perception towards e-governance adoption benefits: evidence from Indian corporate sector

Impact of board characteristics and capital structure on firm value: evidence from the Indian corporate sector

Impact of board characteristics and capital structure on firm value: evidence from the Indian corporate sector

Human resource disclosure practices: a comparative analysis of public and private sector manufacturing companies of Indian corporate sector

Human resource disclosure practices: a comparative analysis of public and private sector manufacturing companies of Indian corporate sector

Human resource disclosure practices: a comparative analysis of public and private sector manufacturing companies of Indian corporate sector

Human resource disclosure practices: a comparative analysis of public and private sector manufacturing companies of Indian corporate sector

Are Bankruptcy Prediction Models Effective for Predicting Ratings? An Empirical Investigation of Altman’s Model in Indian Corporate Sector

The alternative method for predicting credit ratings by employing bankruptcy prediction models is the main subject of the present article. Rating agencies utilize an extremely intricate rating methodology, which differs from agency to agency, and the ratings given by agencies are less reliable in anticipating short-term defaults and react slowly to credit events, as demonstrated by the failure of agencies during the crisis of 2008. Both credit rating assignment and bankruptcy prediction focused on the probability of default, but the methodology used by the two varies significantly: corporate bankruptcy prediction models predict the future default probability of a company as a whole, whereas credit rating only access the default risk associated with a specific instrument. Therefore, it is preferable to employ bankruptcy prediction algorithms to access a company’s future ratings. The present study used Altman’s framework in order to assess whether bankruptcy prediction models can be applied to access a company’s future ratings in advance or not and found that it can be used as an alternative method to predict the future credit ratings, which can be used by investors and banks to make better investment and lending decisions.

IFRS and ESG Disclosure in Indian Corporate Sector

World-wide, there is movement toward embracing environmental, social, and governance (ESG) issues in corporate conduct and performance. These developments have led to movement toward “reimagining capitalism,” and many firms have ridden the wave of investor enthusiasm for firms that prioritize ESG disclosures. The present study examines the role of International Financial Reporting Standards (IFRS) in India on ESG and overall ESG reporting. The Indian capital markets regulator, SEBI, had made integrated reporting compulsory for listed firms to disclose information about matters that substantively affect the organization’s ability to create value over the short, medium, and long term at a time. Motivated by this episode, we examine how accounting regulations in the form of IFRS could influence ESG disclosures in India. Based on the ESG scores of 104 non-financial firms in India from 2013 to 2021, the study finds a positive relationship between ESG reporting and IFRS introduction in India. The performance of firms (return on assets) and leverage had a negative impact on ESG disclosures. JEL Codes: G14, K22, L51, M38, M41

ESG in India: It is Time to Take Notice

ESG is essential in corporate social responsibility (CSR) and corporate governance. This paper aims to study the ESG material factors the top 10 Indian companies adopt to increase their ESG scores, and this research paper discusses previous research's limitations, implications, and perspectives for the future of India. In addition, the form tries to study corporate manageability, ways of behaving, and drivers mentioned in the company's ESG materiality factors disclosures. This research paper focuses on India's top 10 ESG-rating listed companies in NIFTY 50 based on their ESG disclosure year to the latest FY (2013-2021) score in India. It reveals some interesting examples and advancements. The evaluation of chosen organizations' manageability drives showed that key natural maintainability objectives, for example, lessening ozone-harming substance discharges, further developing energy proficiency, obtaining environmentally friendly power energy, proficient water use, squandering the board, and waste reusing, overwhelm their aspirations and that they don't give equivalent need to the social part of ESG ventures. Through a systematic literature review and critical analysis of India’s Top 10 ESG-scoring companies in Nifty 50 disclosure policies, this paper shows the advancement of ESG in India and a critical examination of the theoretical rules and regulations by SEBI basis of Indian corporate sector step toward research in ESG, the link between the extension of ESG in India, Economic consequences after implementation of ESG and affect of ESG disclosure policies adopted by top 10 corporates in India. This paper extends to show the progress and failings of ESG research and focuses on the future of ESG in India to give an allusion to the academic study and practice of ESG incorporates. Keywords: Business Industry, BRSR, Disclosure Policies, ESG, Government Acts

Review of the compliance of the mandatory corporate social responsibility (CSR) by the Indian corporate sector

Review of the compliance of the mandatory corporate social responsibility (CSR) by the Indian corporate sector

Legitimising CSR through the institutional backup – gauging compliance of the Indian corporate sector in the mandatory regime

PurposeThis study aims to calculate the corporate social responsibility (CSR) expenditure made by companies as per the provisions of Section 135 of Companies Act 2013 and check the status of compliance/non-compliance of these provisions in the mandatory regime of CSR.Design/methodology/approachBased on a sample of top 500 Indian companies listed on Bombay Stock Exchange, the study compares the CSR expenditure required to be incurred by companies with the actual CSR expenditure made by them over a time span of seven years and calculates the extent of surplus or deficit attained by them starting from the year of inception of CSR provisions, 2014–2015, till the most recent year, 2020–2021.FindingsThe findings indicate that the average CSR expenditure made by Indian corporate sector is less than the mandatory requirement. More than half of the companies do not comply with the CSR regulations of the country. Even the “Most Profitable” companies fail to contribute the minimum required amount towards social activities akin to their counterparts in the “Less” and “Least” profitable categories.Practical implicationsThe disobedience towards the statutory provisions implies that Indian companies are non-compliant towards CSR guidelines despite the regulative institutional pressure that makes CSR a mandatory practice to legitimise it.Originality/valueThe study contributes to the CSR literature in the light of the transformed regulative institutional environment in India. It includes a comprehensive analysis of compliance of companies with the revised statutes over all the years since the inception of new mandatory guidelines on CSR till the most recent time period on a representative sample, thus, making the findings robust and generic with respect to India.

Disclosure Practices of Management Discussion and Analysis: A Study on the Indian Corporate Sector

Disclosure Practices of Management Discussion and Analysis: A Study on the Indian Corporate Sector