Management Insight

Responsibility Rewarded: A Literary Examination of Corporate Social Responsibility and Business Performance

Ranjeet Singh, Kartikeya Singh, Veeresh Tripathi, Thakur Digvijay Singh — Wed, 19 Jun 2024 00:00:00 +0530

Corporate Social Responsibility (CSR) has become a crucial aspect of contemporary business operations, with increasing attention
directed towards its impact on business performance. This paper explores the intricate relationship between CSR and financial outcomes,
reputation, and employee engagement. Drawing from an extensive literature review, the study delves into various theoretical
frameworks, including philanthropic, social web, public relations, and strategic models of CSR. It investigates the diverse dimensions of
CSR, ranging from charitable donations to environmentally friendly policies, and examines its significance in enhancing stakeholder
value and long-term profitability. Additionally, the study evaluates the role of stakeholders in shaping CSR initiatives and their
subsequent impact on organizational reputation and financial performance. Critically analyzing the existing literature, the paper
discusses both the positive effects of CSR on business outcomes and the potential criticisms and limitations associated with its
implementation. Ultimately, this research aims to contribute to a deeper understanding of the complex interplay between CSR practices
and business performance, providing insights for businesses seeking to integrate social responsibility into their strategic decision-making
processes.

A Cross-Sectional Study on Menstrual Hygiene Practice Amongst Women

Pravesh Dwivedi, Ritesh Dwivedi, — Wed, 19 Jun 2024 10:30:50 +0530

Poor Menstrual hygiene destructively affects the lives of women and girls who are in their reproductive age. The Myth still lies under
menstruation and is being practiced in most of the rural areas. Even now girls feel too shy to share about their menarche with their family
members because of this they have to suffer from various health-related issues. Lack of awareness and resources is still a major problem
for girls in various parts of the world. The purpose of this study was to evaluate the practices of menstrual hygiene amongst women aged
12-40 years in the rural region of District Lucknow. A cross-sectional study was designed and consecutive samplings were applied to
recruit 82 participants from rural areas of Lucknow. A questionnaire was used to collect the data and Microsoft Excel was used for its
analysis.
The study demonstrates that 30.67% of respondents were not getting their periods at regular intervals of time. 32.73% of the respondents
complained of abdominal pain, and 23.03% of them complained of body aches during their menstruation. Also, 15.15% complained of
weakness and 13.94% of cramps respectively. The majority 81.71% of the respondents were not aware of the problems earlier during
menstruation. The study also revealed that the majority 49.54% of the respondents prefer to use cloth during their periods and 48.62%
prefer to use pads over other things. This study reveals the majority of respondents were not aware of the intimate hygiene practice and the
majority had no knowledge about the problems before their menstruation. Preferences of material between cloth and pad during their
menstruation were almost similar.

Analyzing the Impact of Government Policies on the Growth of Women-led Business in India

Yashi Singh, Ajay Dwivedi, Shikha Dubey — Wed, 19 Jun 2024 10:43:52 +0530

WOMEN in today’s world left no stone unturned to prove themselves as an independent individual and an independent money maker.
Women are ready to face any challenges to prove themselves. Being a woman entrepreneur is among the most difficult challenges in
today’s changing social, cultural, and economic environment of business across the globe.
For economic progress and enhancement of women as individuals and the nation as a whole entrepreneurship plays a very significant
character. Some unpredicted and extreme tests result in difficult entrepreneurship specifically for women entrepreneurs like fresh product
establishment and technological variations in production process, economic transformation, vulnerable market conditions, etc.
The objective of the study is to examine the offerings of women as entrepreneurs toward our nation and to examine the steps taken by the
government in favor of women entrepreneurs to encourage them and its impact on the economic condition of our country and also to give
effective suggestions to make the way easier of women to become an entrepreneur.

Review of Research on the Effects of Spirituality on Well-Being and Resilience

Wed, 19 Jun 2024 00:00:00 +0530

Long recognized as a crucial component of the human experience, spirituality influences people's ideas, attitudes, and behaviours. This
research paper attempts to present a detailed analysis of how spirituality might improve resilience and well-being in a hosts of cultural and
religious situations. It looks at the many facets of spirituality and how it could affect one's mental, emotional, and physical health. The
research also examines how spirituality fosters resilience, supporting the capacity to overcome challenges and uphold a sense of meaning
and purpose in life. This paper gives a holistic viewpoint on the relationship shared by spirituality and well-being, illuminating its
implications for individual and societal development by drawing on a host of theoretical frameworks and empirical investigations.

Empowering Women through Social Entrepreneurship: Case Studies from India

Navendu Nidhan , Basant Kumar Singh , Ritika Maurya , Anupam Verma — Wed, 19 Jun 2024 11:21:39 +0530

This present research paper has the aim of exploring the role of social entrepreneurship in empowering women in India. Reviewing a
series of case studies, the paper analyses successful initiatives led by women social entrepreneurs that have helped bring about significant
socio-economic changes in their communities. The study delves into the issues and challenges faced by women entrepreneurs in India, the
innovative solutions they have implemented, and the impact of their ventures on gender equality, economic development, and community
empowerment.

Effects of Gender Differences: A Study of Consumer Purchase Behaviour regarding FMCG in Organised Retail Outlets

Abhishek Kumar Singh — Wed, 19 Jun 2024 11:58:39 +0530

Background and Purpose:
India, the country where the culture is diverse and people from different parts have various tastes, likes and dislikes. Here in my research
the basic focus or aim was to study and observe that how the consumer behaviour is shifting with the emergence of organized retail outlets
in Varanasi for purchasing FMCG products. The study also aimed to examine the effect of gender differences on consumer purchase
behaviour of FMCG in organised retail outlets.
Methods:
The required data was collected through an online survey. The questionnaire to assess the impact of gender differences on consumer
buying behavior, using google forms was sent to the respondents. Some of the consumer’s responses were recorded using telephonic
interview. The data collected was analysed through Jamovi version 1.2 software and Chi-Square and Fisher’s Exact Test methods.
Results/ Findings:
It was found that there was a highly significant association between gender differences and number of organised retail outlets visits per
month; and there was no significant association found between gender differences and impulsive buying behaviour, frequency of
organised retail outlets visit per month and expenses per month in organised retail outlets for FMCG buying. Other findings were that the
consumers are shifting towards organised stores from unorganised ones but still there are a significant number of consumers who
purchase their FMCG requirements from unorganised (traditional formats) stores.
Managerial Implications:
The findings will help organised retailers to search and implement new ways to survive and succeed in competitive environment and they
would come to know how the gender differences affect the consumer buying behavior.

Choice of Investors in Tier 2 Cities of Central India for Investments in Equity

Ratish C Gupta, Vibhuti Singh — Wed, 19 Jun 2024 12:26:31 +0530

The study scrutinizes stock market preferences among investors. The goal of the study is to pinpoint the variables that affect stock
investing decisions and the degree to which these variables impact investment preferences. The results reveal that several variables, such
as risk tolerance, investing horizon, market conditions, and other factors affect the preferences of investors in the stock market. The study
concludes that investors' preferences are complex and rely on a variety of characteristics that are particular to each person. The findings of
this study can aid investors and financial advisors in better comprehending the variables affecting investment choices and in creating more
efficient investment strategies.

An Investigation of Challenges and Opportunities for Indian Women Entrepreneur

Roshni Jaiswal, Anjana Singh, Priti Rai — Wed, 19 Jun 2024 12:16:29 +0530

Due to deeply rooted customs and a male-dominated sociocultural structure, Indian women face significant challenges in achieving equal
rights and roles. In any economy, entrepreneurs are essential because they use their abilities and initiative to foresee demands and provide
novel ideas to the market. Someone who takes on challenging jobs to attain financial independence and personal needs is considered a
woman entrepreneur. Although many women possess this trait, they are unaware of their true potential since they have never been given
the chance to display their skills. Mothers bear a greater responsibility in India for caring for their families and nurturing their children.
Women are often the ones in families who are responsible for efficiently organizing a variety of activities without experiencing
difficulties. The current study is concerned with the issues and difficulties encountered by Indian women business owners. Despite the
women's empowerment movement in our nation, women still lag when it comes to operating businesses. The primary problem is the lack
of an environment that encourages entrepreneurship, but women also face social, cultural, and financial obstacles. Despite their aptitude
and talent, women lack access to opportunities, knowledge, and education. The male-female competitiveness, women's family
responsibilities, gender inequity, financial difficulties, and low risk-taking mentality are a few of the main issues noted. To support
women's enterprises in maintaining favourable working conditions, the State and Central governments have launched some
empowerment initiatives.

Top Heavy Mutual Fund Industry - New Entrant Dilemma

R. Uppily, M. S. Ramaratnam — Wed, 19 Jun 2024 00:00:00 +0530

Mutual fund investments are growing in India at a rapid phase. The mutual fund industry has witnessed a more than fivefold increase in
assets under Management (AUM) in 10 years (on 30th November 2023 the AUM was 48.75 trillion and as of November 2013 AUM was
8.90 trillion). ABC Limited a leading conglomerate in the American financial industry is looking for an entry into the top-heavy Indian
Mutual Fund Industry. Growth in this Industry has fascinated them, they are not sure what strategy they should adopt and what ROI they
can generate. Whether they should enter the industry by acquiring a stake in a smaller AMC or a bigger AMC or should take over an
existing AMC. ABC Limited is also unsure about the time of their entry. This case study presents an opportunity for students to analyze
whether ABC Limited should enter the Indian Mutual Fund industry or not and to explore the entry-level and other strategies if they are
going to enter the Indian Mutual Fund industry.