Journal of Business Management and Information Systems

Assessment of Governance Dimensions in Sustainability Reports with Special Reference to Power Sector Companies

Pragati Mehra — Sun, 12 May 2024 00:00:00 +0000

The sustainability reporting regime has seen various developments over the past few years with matters like climate change, human rights, ethical governance and others gaining momentum. With the introduction of Business Responsibility and Sustainability Reporting, companies are now shedding light on their commitment towards sustainable operations. In this study, an attempt has been made to examine the governance indicators reported in the sustainability reports of power sector companies in India. Top 4 companies from the power sector based on market capitalization were selected for the analysis. The Sustainability Reporting Maturity Model, published by ICAI, serves as the benchmark for 5rscoring these companies.

Assessing the Role of Financial Literacy in Personal Financial Management

Shah Riya Pranav, Shah Vansh Paras, Rishita Shah, Rajamohan Kavitha — Sat, 25 May 2024 07:01:45 +0000

Financial Literacy is essential for people to make wise financial decisions affecting society's well-being and economic prosperity. Through a thorough survey, this study evaluates the level of financial literacy among Indian adults between the ages of 20 and 50. One hundred eighty-six adult respondents from a range of demographics provided primary data. The study investigates how well they comprehend financial management ideas such as tracking expenses, creating a budget, and using financial tools. It also looks at perspectives on the value of financial literacy and the perceived results of educational programs. The analysis aims to pinpoint the differences in financial literacy, routines, expertise, and conduct between various age groups, educational backgrounds, and work situations. The results are anticipated to shed light on the advantages, disadvantages, and necessity of specific laws, initiatives, and technical advancements to improve financial inclusion and literacy. The study emphasizes the potential for wise financial decisions, economic stability, resilience against obstacles, and adopting digital financial services by arming adults with financial knowledge. It acts as a manual for developing an adult population in India that is robust, financially smart, and tech-aware.

A Gravity Model Analysis of China’s Bilateral Trade Flows: The Role of Free Trade Agreements and Exchange Rates

Abhishree . — Sat, 22 Jun 2024 00:00:00 +0000

In the field of International Economics, the gravity model of trade has been one of the most successful empirical models guiding trade-policy decisions by nations. This paper aims to incorporate the theoretical foundations into the real world of trade flows between China and rest of the countries. An augmented gravity model is applied to study the impact of two variables, free trade agreements and nominal effective exchange rate on bilateral trade flows. Multiple regression analysis is carried out on a panel data consisting of trade flows with 224 countries from 1992-2015. The estimated results reveal a positive and significant influence of FTA on exports and imports. NEER displays a positive, though not significant, relationship with China’s imports and negative with exports.