Niladri Das

A Study on the Impact of Key Entrepreneurial Skills on Business Success of Indian Micro-entrepreneurs: A Case of Jharkhand Region:

This article is an attempt to analyze the skill-related dimensions of micro-entrepreneurs in the state of Jharkhand in India. A sample of 147entrepreneurs with valid responses was collected from three districts of Jharkhand, namely, Dhanbad, Bokaro and Ranchi. The demographic characteristics of these regions have been represented to give an insight into the region where the study has been conducted. Five dimensions of skills, namely, leadership skills, communication skills, human relation skills, technical skills and inborn aptitude, have been identified from previous literatures. Success has been measured as a perceived chance of business success. The study primarily analyzes the strength of the relationship of the skills with success. The questionnaire survey method was employed to collect data for conducting the study. Descriptive statistics, correlation and multiple linear regressions have been used as statistical tools for analysis. The findings of the study show the relationship and the effect of the skills on the success of micro-entrepreneurs, thereby leading to implications that leave further scope for future research. The study has helped in contributing to the existing literatures in this segment of the research.

Behaviour of Individual Investors in Stock Market Trading: Evidence from India

This study employs structural equation modelling (SEM) for analysing data collected from a nationwide survey with 396 individual investors, for exploring the factors influencing individual investors’ decision-making in the Indian stock market. This study explored the factors that underpin individual investors’ investment decision-making behaviour to find whether the Indian financial market is efficient and investors make rational decisions. The result indicates that the investors are significantly influenced by herding, information cascades, anchoring, representativeness and overconfidence while contagion shows the insignificant result. Concurrently, the study has also provided strong evidence of investors’ irrationality as well as inefficiency of the financial market. The results can be used for the further exploration of trading behaviour of individual investors and foster new research in the context of behavioural finance.

Perceived Investment Performance of Individual Investors is Related to the Big-Five and the General Factor of Personality (GPF):

The present study tries to examine whether (i) Big-Five personality traits and (ii) general personality factor (Big-One), that is, the higher order factor for Big-Five are related to the factors measuring perceived investment performance. Cross-sectional data were collected from individual investors (N = 396), through stratified and quota sampling approach. Data were analysed using correlation, regression, hierarchical regression and structural equation modelling (SEM) to evaluate the strength of relationship between the constructs. The results of the study indicated that Big-Five dimensions of personality, Extraversion, Agreeableness and Conscientiousness, are associated with perceived investment performance. Moreover, the correlation and regression analysis depicted that Big-One is also a major antecedent for perceived satisfaction and tends to contribute largely (3.8 per cent) to the variance in perceived investment performance.

The impact of social influence on the relationship between personality traits and perceived investment performance of individual investors: Evidence from Indian stock market

The purpose of this paper is to clarify the relationship between an individual investor’s personality trait and his perceived investment performance. It proposes a novel conceptual framework that integrates social influence (as a moderating construct) and outlines the role of personality in determining the perceived investment performance during the investment decision-making process.,A questionnaire-based survey was conducted to collect responses from 396 individual investors through stratified and quota sampling approach. The collected data were then analysed using both hierarchical regression analysis and structural equation modelling to evaluate the strength of the relationship between the constructs, namely, personality trait, perceived investment performance and social influence.,This study suggests that social influence positively moderates the relationship between extraversion-perceived investment performance, whereas it negatively moderates the relationship between agreeability-perceived investment performance.,This study has certain limitations. First, this work follows a modelling approach which is more centred towards the prediction of relationships. Second, because of choosing a research approach (since the study has been conducted in one country, i.e. India), the results of the study may lack generalisability. Therefore, further studies could be encouraged to test the proposed hypotheses.,Insights from this study suggest that investors should look in for their personality traits while making an investment decision. In fact, psychologically modified portfolios should be developed as per the personality traits of the investors.,The study, perhaps, is the only study to apply social influence in a framework using Big Five personality traits as a possible factor to understand the individual differences in terms of perceived investment performance.

The influence of entrepreneurial traits on success of microenterprises in India: a mediator analysis

This study examined the relationships among three entrepreneurial traits, passion for work and business success using survey data from 304 microentrepreneurs. We used path analysis to test the direct and indirect effects of the trait variables on perceptual measures of business success. Passion for work is used as the mediating variable for explaining the relationship between entrepreneurial traits and business success. The results indicated that all the three entrepreneurial traits-need for achievement, self-efficacy and locus of control (internal) was positively related to business success, and passion for work play a mediating role in this relationship.

Sustainability Reporting Practices In Indian Mining Companies

Nowadays sustainability reporting can be used for communication purpose in marketing and to show transparency of the company (Kolk, 2000). These types of reports published by organization to disclosed more information on non-financial performance. These report highlighted the company’s commitment towards stakeholders. Various industries throughout the world started disclosing non-financial performance (sustainability reporting) by using various different types of frameworks like Dow Jones index or global Reporting Initiative. In the 21st century sustainability reporting becomes important but in India it’s still in nascent stage. Out of all industries mining should be disclose information on the non-financial performance because of put direct negative impact on society and environment. Moreover mining is considered as one of the most polluting industries in the world..The objective of this paper is to examine and compare the level of sustainability reporting of sample private mining companies and sample public mining companies as GRI framework. It involves an explorative research design to understand the trend and variation in the quality and extent of sustainability disclosure information by top 100 Indian mining companies. This study uses the content analysis methodology for analyzing annual reports, websites and stands alone reports of top 100 mining companies as per net sales have been studied for 2007-2012 and sustainability disclosure index to analysis the extent and quality of sustainability reporting as per GRI in India. Moreover, independent t-test and simple t-test have been used to compare the disclosure practices between and within the sample private and public mining. The results of the analysis show that there are significant variations in sustainability disclosure practices as per GRI framework within and between the public and private mining companies. The study revealed that sustainability reporting disclosure practices are more in public sector as compared to the private sector mining companies. The study observed that sustainability disclosure by public mining companies are more as compared to the private mining companies but as far as content quality is concerned private mining companies disclosed limited but relevant information on sustainability disclosure as per GRI.

Cause and effects of performance management in higher educational institutions (HEI)

Performance management is the process of creating a work environment or setting in which people are enabled to perform to the best of their abilities. It emphasizes communication and focuses on adding value to the organization by promoting improved job performance and encouraging skill development. Performance Management involves clarifying the job duties, defining performance standards, and documenting, evaluating and discussing performance with each employee .This paper aims at studying the process of performance management and exploring factors that can make causal factors to make harm for performance management in higher educational institutions. This paper will focus on the proposed strategies for improving bad performance management in higher educational institutions. This paper also tries to focus on the reasons for performance failure.