An appropriate capital structure is a critical decision for any business organization to be taken
by business organization for maximization of shareholders wealth and sustained growth. The main
objectives this study was investigating the determinants of capital structure of the selected private
Bank in India. Thus, the major focus of this study was to investigate empirically firm specific factors
such as, Size, Tangibility, Profitability, Dividend Payout Ratio, Taxation, and Risk. In this study, only
secondary data was used. The data collected from the annual report published by the Bank.
Determinants of Capital Structure in Indonesian Banking Sector inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Determinants of Capital Structure in Indonesian Banking Sector inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Effect of Cash Management on The Financial Performance of Cooperative Banks i...journal ijrtem
This paper analyses the effect of cash management on the financial performance of cooperatives
banks in Rwanda. A descriptive research design was used. The population comprised of 148 employees of ZIGMA
CSS from which a sample of 108 employees was determined using Solvirn and Yemen’s formula. Data was
collected from both primary and secondary sources using questionnaires and document analysis. Data was
presented using frequency tables from which analysis was made. A multi regression analysis was used to analyse
relationship between the variables. The results from the survey revealed that ZIGMA CSS uses various cash
management techniques in the cash management. The results further revealed a strong relationship between cash
management and financial performance of ZIGMA CSS. The study concludes that cash management is a key tool
in the financial management of the banks since cash forms the biggest asset of the bank. Cooperatives banks
should ensure that they develop policies in effective cash management.
This research investigates the determinants of the capital structure of firms listed service sector on BIST(Borsa Istanbul) and the adjustment process towards this target. The econometric analysis employs the Generalized Method of Moments estimators (GMM-Sys, GMM difference) techniques that controls for unobserved firm-specific effects and the endogeneity problem. The findings of the paper suggest that firms have target leverage ratios and they adjust to them relatively fast. Consistent with the predictions of capital structure theories and the findings of the empirical literature, the results of this paper suggest that size, assets tangibility, profitability, growth opportunity except earnings volatility have significant effects on the capital structure choice of hotels and restaurants.The capital structure or leverage is measured by total debt ratio. Analysis results indicates that firms with high profits, sizable, high fixed assets ratio and high total sales and more growth opportunities tend to have relatively less debt in their capital structures.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
“Basel III is more about improving the risk management systems in the Banks than just Improved Quality and enhanced Quantity of capital”. Please discuss the challenges to the Indian Banks by March,2017
The link between ownership structure, Loan to Deposit Ratio, Nonperforming Lo...inventionjournals
International Journal of Humanities and Social Science Invention (IJHSSI) is an international journal intended for professionals and researchers in all fields of Humanities and Social Science. IJHSSI publishes research articles and reviews within the whole field Humanities and Social Science, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
This paper scrutinizes Determinants of Capital Structure: A study on some selected corporate firms in Bangladesh. We have taken 10 out of 37 listed companies of DSE dividing into two sectors i.e. Pharmaceuticals and chemicals and Tannery sector, five years data from 2013 to 2017 has been collected from respective annual reports. Total number of observations was 50. There are different factors that affect a firm's capital structure decision. We use leverage (D/E ratio) as dependent variable and independent variables are profitability, tangibility, tax, size, growth, non-debt tax shield (NDTS) and financial costs. By using Descriptive Statistical Analysis, Correlation Analysis and Regression Analysis tools we find that Tangibility, size, NDTS, and financial costs are positively related with leverage and Profitability, tax, and growth are negatively related with leverage. In our analysis we see profitability, tangibility of asset, growth and non-debt tax shield have significant association. So when we take capital structure decision of the above firms we should consider profitability, tangibility of asset, growth and non-debt tax shield because other independent variables are insignificant in the context of Bangladesh economy.
Capital Structure Determination, a Case Study of Sugar Sector of Pakistan Fa...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
INNER SELF-IMPROVEMENT PROGRAMS: PATHWAY TO GAIN INDEPENDENCE FROM THE DEPEND...IAEME Publication
Background - It is the movement of highly skilled and qualified people towards a country where they can work in better conditions and earn more money. It is also termed as “human capital flight” because it resembles the case of capital flight.
Objectives – The objective of the study is to analyze the causes and effects of brain drain of Nepalese students.
Methodology – Due to the specific nature of the research objectives, descriptive cum analytical research design has been used.
Findings – Brain drain is a serious problem in Nepal. It creates both a positive effect and a negative effect directly or indirectly in the economic development of the country.
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Effect of Cash Management on The Financial Performance of Cooperative Banks i...journal ijrtem
This paper analyses the effect of cash management on the financial performance of cooperatives
banks in Rwanda. A descriptive research design was used. The population comprised of 148 employees of ZIGMA
CSS from which a sample of 108 employees was determined using Solvirn and Yemen’s formula. Data was
collected from both primary and secondary sources using questionnaires and document analysis. Data was
presented using frequency tables from which analysis was made. A multi regression analysis was used to analyse
relationship between the variables. The results from the survey revealed that ZIGMA CSS uses various cash
management techniques in the cash management. The results further revealed a strong relationship between cash
management and financial performance of ZIGMA CSS. The study concludes that cash management is a key tool
in the financial management of the banks since cash forms the biggest asset of the bank. Cooperatives banks
should ensure that they develop policies in effective cash management.
This research investigates the determinants of the capital structure of firms listed service sector on BIST(Borsa Istanbul) and the adjustment process towards this target. The econometric analysis employs the Generalized Method of Moments estimators (GMM-Sys, GMM difference) techniques that controls for unobserved firm-specific effects and the endogeneity problem. The findings of the paper suggest that firms have target leverage ratios and they adjust to them relatively fast. Consistent with the predictions of capital structure theories and the findings of the empirical literature, the results of this paper suggest that size, assets tangibility, profitability, growth opportunity except earnings volatility have significant effects on the capital structure choice of hotels and restaurants.The capital structure or leverage is measured by total debt ratio. Analysis results indicates that firms with high profits, sizable, high fixed assets ratio and high total sales and more growth opportunities tend to have relatively less debt in their capital structures.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
“Basel III is more about improving the risk management systems in the Banks than just Improved Quality and enhanced Quantity of capital”. Please discuss the challenges to the Indian Banks by March,2017
The link between ownership structure, Loan to Deposit Ratio, Nonperforming Lo...inventionjournals
International Journal of Humanities and Social Science Invention (IJHSSI) is an international journal intended for professionals and researchers in all fields of Humanities and Social Science. IJHSSI publishes research articles and reviews within the whole field Humanities and Social Science, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
This paper scrutinizes Determinants of Capital Structure: A study on some selected corporate firms in Bangladesh. We have taken 10 out of 37 listed companies of DSE dividing into two sectors i.e. Pharmaceuticals and chemicals and Tannery sector, five years data from 2013 to 2017 has been collected from respective annual reports. Total number of observations was 50. There are different factors that affect a firm's capital structure decision. We use leverage (D/E ratio) as dependent variable and independent variables are profitability, tangibility, tax, size, growth, non-debt tax shield (NDTS) and financial costs. By using Descriptive Statistical Analysis, Correlation Analysis and Regression Analysis tools we find that Tangibility, size, NDTS, and financial costs are positively related with leverage and Profitability, tax, and growth are negatively related with leverage. In our analysis we see profitability, tangibility of asset, growth and non-debt tax shield have significant association. So when we take capital structure decision of the above firms we should consider profitability, tangibility of asset, growth and non-debt tax shield because other independent variables are insignificant in the context of Bangladesh economy.
Capital Structure Determination, a Case Study of Sugar Sector of Pakistan Fa...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
INNER SELF-IMPROVEMENT PROGRAMS: PATHWAY TO GAIN INDEPENDENCE FROM THE DEPEND...IAEME Publication
Background - It is the movement of highly skilled and qualified people towards a country where they can work in better conditions and earn more money. It is also termed as “human capital flight” because it resembles the case of capital flight.
Objectives – The objective of the study is to analyze the causes and effects of brain drain of Nepalese students.
Methodology – Due to the specific nature of the research objectives, descriptive cum analytical research design has been used.
Findings – Brain drain is a serious problem in Nepal. It creates both a positive effect and a negative effect directly or indirectly in the economic development of the country.
COMPARATIVE STUDY OF DISTRIBUTED FREQUENT PATTERN MINING ALGORITHMS FOR BIG S...IAEME Publication
Association rule mining plays an important role in decision support system. Nowadays in the era of internet, various online marketing sites and social networking sites are generating enormous amount of structural/semi structural data in the form of sales data, tweets, emails, web pages and so on. This online generated data is too large that it becomes very complex to process and analyze it using traditional systems which consumes more time. This paper overcomes the main memory bottleneck in single computing system. There are two major goals of this paper. In this paper, big sales dataset of AMUL dairy is preprocessed using Hadoop Map Reduce that convert it into the transactional dataset. Then, after removing the null transactions; distributed frequent pattern mining algorithm MR-DARM (Map Reduce based Distributed Association Rule Mining) is used to find most frequent item set. Finally, strong association rules are generated from frequent item sets. The paper also compares the time efficiency of MR-DARM algorithm with existing Count Distributed Algorithm (CDA) and Fast Distributed Mining (FDM) distributed frequent pattern mining algorithms. The compared algorithms are presented together with experimental results that lead to the final conclusions.
EFFECTIVE RESOURCE SHARING WITH UNIVERSAL BASE-BAND PROCESSING TECHNOLOGY SUP...IAEME Publication
In our paper, SRAN (single radio access network technology) supports multi-band and multi-mode communication for mobile users. In this, we address the signaling impact results of various mobile bands and its spectrum utilization, resource utilization for high speed and its reduced latency model. We deployed this architecture of network using reduced space capacity and increased network resource utilization. Achievements made by simplicity of baseband board technology. This introduces an optimization problem involving a trade-off between the number of additional bands that are required and the costs of moving through the mobile field for the purpose of spectrum usage. The Basic idea is to achieve 2G, 3G and LTE communication using a single multi-band rectangular antenna. The method proposed guarantee that no further delay or latency of the network can occur during the restoration. It considers about the energy consumption and the remaining energy of base station as well as quality of links to find energy-efficient and reliable routes that increase the operational lifetime of the network. Quality of Service of the communication network is also improved in rural or hilly regions. From this, we will analyze the multimode concurrency and conclude the performance of different bands. The performance can be shown in graphical model.
AN INSIGHT INTO ATOMIC DIMENSION OF PERSONALITY AND STRESS MANAGEMENTIAEME Publication
In the contemporary business and management world, the meaning and scope of organizations have a broader meaning. Every type of organizations have their own challenges and stress factors. Similarly stress management dimensions require new outlook in the organization and organization behavior. During stress the coordination between the mind and body get unaligned. This article focuses on an atomic outlook of personality and stress handling methods.
Innovation is a wellspring of growth (Romer, P.M. 1987). Although innovation itself is a
continuous process for producing new ideas, productions, services and tools, conducting
innovation is highly environment-dependent or platform-dependent (Ping Lan, 2004). The rapid
development of information technology forces environments to change at a great speed that also
makes great changes to innovation itself in the digital-business environment. Given this
background, this paper is an attempt at examining the great changes to innovation brought by
information and technology, especially the Internet. Therefore, we put forward a new innovation
platform: E-innovation. In this paper, we discuss the definition, management, application of Einnovation;
we provide a five-D architectural framework of E-innovation; we also present an
example on the application of E-innovation and drive recommendation for E-innovation based on
research available.
A STUDY ON CHALLENGES OF MULTICULTURAL TEAM MEMBERS OF IT SECTORIAEME Publication
The main purpose of this research paper is to identify the communication issues and conflicts among the multicultural team members and effect of these challenge factors on cultural diversity. The researcher developed a conceptual framework based on the review of literature and data collected from the IT employees through interviews. Convenient sampling method adapted for this descriptive study and 430 was the sample size. Data analysis had done using EFA, CFA, validity analysis and SEM. The result confirmed that communication issues and conflicts exist among the multicultural team members. The result revealed that cultural diversity had significant influences on communication issues and conflicts.
ARE THE SERVICES DELIVERED EMPLOYABLE? A SCENARIO OF TECHNICAL EDUCATION IN ...IAEME Publication
Purpose
One of the most appalling challenges in India is persistently rising unemployment, explicitly in
the rural region. More than 20% of Indian youth between the ages of 15 and 24 years are “seeking
or available for work,” as per 2011 census data. There will be no peace and prosperity in the
country unless jobless people get appropriate channel. In India deficiency of skills is among the
main constraints for recruitment of Technical Education. Productivity of Technical Education in
not entirely absorbed due to lack of skills required by the employers. Along with the ample
arguments, taking place in recent times, regarding reformation in the productivity of Technical
Education, this present study syndicates focus on services delivered and its impact on employability
skills. The objective of this paper is to find out whether Technical Education institutes in rural part
are keen to focus on the employability skills? The paper also focuses on distinguished skills
required by the employer for recruitment. The study also emphases on the services offered by the
Institutes and their correlation on skills development.
Design methodology
A qualitative research survey through a structured questionnaire for the students who are
studying or have recently completed their Technical Education affiliated to the North Maharashtra
University, Jalgaon was conducted which is situated in rural part of India.
Findings
The study discusses umpteen employability skills and explains how embedding services of
technical education are correlated to the growth and development of employability skills. The study
finds that these services results in comprehensive and cohesiveness of employability skills.
Research limitations
The survey is delimited to the Technical Education belonging to North Maharashtra University,
Jalgaon and located in rural of India.
A STUDY ON IMPACT OF BARCODE AND RADIO FREQUENCY IDENTIFICATION TECHNOLOGY ON...IAEME Publication
Bar-code technology has now widespread that many customers take it for granted as this technology continues to offer infinite benefits in a wide extent of businesses. The theoretical frame work is intended to gain responses with maximum users about automation and optimization of production using Barcode and RFID; since there is a limited user of RFID, the researcher was supposed to go with barcode users only. This study observed the importance and implementation of Barcode in manufacturing industries, how it works and appreciates productivity, its influence over the manufacturing chain and about its integration among the different units and frames of this sector.
HYPERSPECTRAL IMAGERY CLASSIFICATION USING TECHNOLOGIES OF COMPUTATIONAL INTE...IAEME Publication
Texture information is exploited for classification of HSI (Hyperspectral Imagery) at high spatial resolution. For this purpose, framework employs to LBP (Local Binary Pattern) to extract local image features such as edges, corners & spots. After the extraction of LBP feature two levels of fusions are applied along with Gabor feature & spectral feature, i.e. Feature level fusion & Decision level fusion. In Feature level fusion multiple features are concurred before pattern classification. While in decision level fusion, it works on probability output of each individual classification pipeline combines the distinct decisions into final one. Decision level fusion consists of either hard fusion, soft fusion method. In hard fusion we consider majority part & in soft fusion linear logarithmic opinion pool at probability level (LOGP). In addition to this, extreme learning machine (ELM) classifier is included which is more efficient than support vector machine (SVM), used to provide probability classification output. It has simple structure with one hidden layer & one linear output layer. ELM trained much faster than SVM.
TAX REFORM FOR DEVELOPING VIABLE AND SUSTAINABLE TAX SYSTEMS IN INDIA WITH SP...IAEME Publication
Most developing countries continue to face severe issues in developing adequate and quick to
respond tax systems. While each of these paths to reform is necessary, in the end what 50 years of
experience tells us is that improving the precision and understanding with which fiscal issues both
within and outside government, is the really essential ingredient to developing viable and
sustainable tax systems in developing countries like India. Indian taxation system has undergone
remarkable reforms during the last decade. The tax rates have been rationalized and tax laws have
been simplified resulting in better compliance, ease of tax payment and better enforcement. The
process of validation of tax administration is ongoing in India.
Another key objective of tax reform measures has been to increase total tax to GDP ratio as a
means of achieving fiscal consolidation and improving resource allocation. GST, easier tax filing
methodology and simpler tax structures – Government of India is working to enhance the
government's revenue collection, at the same time ensuring that cumbersome taxes do not deter
investors. This paper review the three principal ways in which developing countries like India may
develop and progress their taxation systems - base-broadening, rate reduction, and administrative
improvement - in the context of the political economy of tax reform.
SOCIAL INNOVATION AND SOCIAL ENTREPRENEURSHIP - AN ELUCIDATION FOR THE PROBLE...IAEME Publication
In this paper, we addressed issues regarding the importance of social innovation (SI) and
social entrepreneurship (SE) within a society which is in a profound and rapid change and
transformation that marks all the areas of social life. The fundamental objective of the study was to
analyze the concepts of social innovation and social entrepreneurship as providers of both social
value and growth of life quality. We highlighted the inter-conditioning relationship between these
two concepts and showed the need for social innovations to respond to some challenges of the
society, such as aging, budgetary pressure and others. This paper proposes a model of social
entrepreneurship at the intersection of three sectors: state, market and civil society, in its efforts to
meet the more and more sophisticated requests of the contemporary society. Thus, the whole
society must be connected to the new innovative social models
HYPERSPECTRAL IMAGERY CLASSIFICATION USING TECHNOLOGIES OF COMPUTATIONAL INTE...IAEME Publication
Texture information is exploited for classification of HSI (Hyperspectral Imagery) at high spatial resolution. For this purpose, framework employs to LBP (Local Binary Pattern) to extract local image features such as edges, corners & spots. After the extraction of LBP feature two levels of fusions are applied along with Gabor feature & spectral feature, i.e. Feature level fusion & Decision level fusion. In Feature level fusion multiple features are concurred before pattern classification. While in decision level fusion, it works on probability output of each individual classification pipeline combines the distinct decisions into final one. Decision level fusion consists of either hard fusion, soft fusion method. In hard fusion we consider majority part & in soft fusion linear logarithmic opinion pool at probability level (LOGP). In addition to this, extreme learning machine (ELM) classifier is included which is more efficient than support vector machine (SVM), used to provide probability classification output. It has simple structure with one hidden layer & one linear output layer. ELM trained much faster than SVM.
PRODUCTION OF ALTERNATIVE FUEL USING GASIFICATION BY SYNTHESIS OF FISCHER-TRO...IAEME Publication
The solid carbonaceous fuel is converted into combustible gas (energy) using limited amount of air it is called Gasification process the gases which evolve are known as “producer gas”. This is more suitable than the direct combustion of biomass gases. In this paper an updraft gasifier is construct and is used to carry out the experiment. updraft gasifier is one of the boiler. The waste material like coconut shells, sugarcane waste, and wood particles are used for the generation of producer gas. The sense of this paper is to study the effect of waste products (coconut shells, sugarcane waste, and wood particles) in form of biomass. The performance of the gasifier is evaluated in terms of zone temperature with different air velocity. By taking the different fuels and varying the air flow rate the temperature of the zones are analysed. The arrangement of tar is also seen in this apparatus. After analysis the maximum temperature give for coconut shell (waste) all three place as compare to other two .so coconut shell is the best suitable material for this gasifier.
ANALYSIS OF NON PERFORMING ASSETS IN PUBLIC SECTOR BANKS OF INDIA IAEME Publication
The Banks being the mobiliser of finances of different sectors of economy, are expected to be
strong enough to withstand the shocks like inflation, depression etc. and to cushion the other
financial Institutions along with industries and common people against financial crisis. The Public
Sector Banks having a large stake of the Government in their Capital structure are preferred by the
commoners often. In this context, this paper tries to depict both the Gross Non Performing Asset
and Net Non Performing Asset position of Public Sector Banks in India and attempts to find
whether there is any significant difference among them. This paper also tries to show the impact of
GNPA on Net Profit of the selected banks for the last 5 years..
MIXED CONVECTIVE HEAT AND MASS TRANSFER MHD FLOW PAST AN UNSTEADY STRETCHING ...IAEME Publication
Mixed two dimensional convection heat and mass transfer flow with suction, viscous
dissipation, heat source/sink effect, mass diffusion including Soret and Dufour effects due to an
unsteady porous stretching sheet is studied in the present analysis. The flow is subjected to
magnetic field normal to the vertical plate in a saturated porous medium. The governing non-linear
partial differential equations have been reduced to ordinary differential equations using suitable
similarity transformation variables. The resultant equations which are coupled and highly nonlinear
are solved by standard Runge-Kutta fourth order numerical technique via shooting method.
The momentum, temperature and concentration field distributions are analyzed and discussed
numerically and presented pictorially through graphs. Numerical values for skin friction
coefficient, local Nusselt number and Sherwood number at the plate in the presence of magnetic
field and porous medium are derived and discussed for various values of physical parameters and
are presented in table. Finally the present results are compared with previously published results
and found to be well in agreement.
INVESTIGATE THE RELATIONSHIP BETWEEN ORGANIZATIONAL LEARNING CAPABILITIES AND...IAEME Publication
The ability to learn is a vital factor for innovator organizations. Innovation is crucial for the survival of organizations in a dynamic environment. So anticipate the impact of organizational characteristics is the utmost importance on innovation. Organizational background shows that organizational learning capability plays a vital role in the development of companies and increase innovation. This study considers the relationship between organization all earning capabilities and organizational innovation and it is lead to the conclusion that organizational learning effect on organizational innovation. The proposed model of the project as four dimensions: conversation, empiricism, risk-taking and mutual interaction with the external environment and was measured by28items.Scaleshave been validity by the results obtained of data collected from 42 food industry under the Industrial Estates in Kermanshah province.103valid questionnaires were collected and to test the research model was used by confirmed Factors analysis approach. The results showed that organizational learning capability is a significant and positive impact on organizational innovation.
COMPARISON OF METHODS FOR THE RECOGNITION OF DERIVATIVE FINANCIAL PRODUCTS WI...IAEME Publication
In the global competition environment,the companies’ areas of usage regarding derivative financial products becamewidespread and these instruments started to take an important place in theliability statements of the businesses. In terms of financial accounting, thecompanies need to reflect the usage of derivative financial products in theirfinancial statements, and in terms of administrative accounting, they searchfor methods that will facilitate the follow-ups for the performance assessmentand decision making procedures regarding the processes of large scalederivatives.
The companies making investments in thederivatives in hopes of risk management or speculation acquire mutual rightsand liabilities through the contracts they make. For the assessment andrecognition of these rights and liabilities, the standards numbered TMS 32, TMS39, TFRS 7 and TFRS 9 were published by the Public Oversight Authority ofTurkey. These standards coincide with the standards published by theInternational Accounting Standards Board (IASB).
In this study, attention is drawn to theassessment and recognition of the derivatives in line with the aforementionedstandards, and alternative solutions are discussed.
A FEASIBILITY STUDY FOR ONLINE MARKETING OF AGRICULTURAL GREENHOUSE PRODUCTS ...IAEME Publication
One third population of our country is depended on the agriculture business directly or indirectly and hence it is proven that we are an agriculture country. Having more than 30.02%1 contribution in GDP, agriculture plays the significant role in Indian economy. In last two decades everything is being converted into digital platforms globally. All industries became the digital and adopted paperless transactions. Following the same way in marketing, organizations started selling their product on e-commerce platforms. Promotion activities have started in social media like e-mail, websites, messages etc. Being understood the convenience, effectiveness and efficiency of digitalization Indian Government also launched “Digital India” scheme under which Government is promoting the use of technology in organizational function. Even though it seems somewhat inconvenient to use these types of technologies in unorganized sectors like agriculture, Government of India has announced in its “Union Budget 2016-2017 central Government stated that, the Unified Agricultural marketing e-platform will be launched for wholesale markets in India and 100% FDI to be allowed through FIPB route in marketing of food Products produced and manufactured in India. Considering these changes are going to affect the marketing and trading of agricultural products tremendously, this study is initiating the discussion regarding the possibilities of the digitalization in agricultural business.
Mercer Capital | Valuation Insight | Capital Structure in 30 MinutesMercer Capital
Capital structure decisions have long-term consequences for shareholders. Directors evaluate capital structure with an eye toward identifying the financing mix that minimizes the weighted average cost of capital. This decision is complicated by the iterative nature of capital costs: the financing mix influences the cost of the different financing sources. While the nominal cost of debt is always less than the nominal cost of equity, the relevant consideration for directors is the marginal cost of debt and equity, which measures the impact of a given financing decision on the overall cost of capital. The purpose of this whitepaper is to equip directors and shareholders to contribute to capital structure decisions that promote the financial health and sustainability of the company.
Study of the Static Trade-Off Theory determinants vis-à-vis Capital Structure...inventionjournals
This paper investigates the application of the Static Trade-Off theory regarding the capital structure of the Pakistani Chemical Industry. We have used panel data analysis for the sample of 31 listed chemical firms from the period 2005 to 2013. The study is unique in its type as unlike to Shah & Hijazi (2005) who studied many industrial sections, this study only focuses on the listed Chemical Firms. We used five independent variables such as Profitability (P), Tangibility (T), Liquidity (L), Firm Size (FS) and Total Assets Growth (TAG) to study the effect on independent variable Financial Leverage (FG). The results confirmed the relationship of Profitability, Liquidity and Firm Size. However the results were not confirmed for Tangibility and Firm Assets Growth. Even though the results for Tangibility were positive, however the significance of the coefficients failed to support the hypothesis. This study hold a unique position for researchers for future research and also has significance for the investors helping them to make wise investment decisions when investing in Pakistani Chemical Industry since this industry holds a major portion of industrial GDP of the country
Smooth functioning a bank depends on the stability of stream of returns that it gets from its financing decision. This study is an attempt to showcase the reason for idling or shortage of funds and the factors for the case of Islamic banking. This effort will determine the strategy which can boost the financing in the economy, for this, this study has used the panel data of full-fledged Islamic banks from countries Pakistan and Malaysia, spanning to several years and based on several banks. Based on the analysis of internal and external factors of Islamic banks, it can be seen that increase in the market rate leads to decrease in demand of financing while the increase in deposits and equity do not show a proportional increase in financing which hints that there is excess liquidity available in the Islamic banks. On the positive side, it is evident that increase in the economic activity boosts the demand for Islamic financing.
The primary objective of this paper is to determine the relationship between the effects of capital structure and the performance of Microfinance Institutions in Oman. In this research, a questionnaire was used to obtain the results and the qualitative study where the qualitative data was collected through primary date. The target group to answer this questionnaire was from the owners of Microfinance in Oman, and 10 answers were obtained. The results found there is a positive relationship between Capital Structure and Performance of Microfinance. The capital
structure is important in improving the performance of Microfinance and maintaining its proper management. It also leads to improved performance, which results in an increase in profit, the correct management of expenses, and a reduction in losses. Empirical results indicate that effective use and creation of social capital is vital to improving the effects of Microfinance, and Owners of Microfinance should focus more on harmonious social relationships and
deliberately building social capital. Also, provided Microfinance Owners to work on a plan to reduce expenses and increase profitability, as well as recognize the correct management of capital structure. As well as understanding the
structure of capital and the positive impact on the performance of Microfinance.
This research re euml xamine of what has been done by other researcher with the object of research on what is different aimed at peaceful and steady to analyze the good vibes this partial as well as simultaneous the amount of its credits micro small and medium enterprises (SMES) and prepare the funds to a third party against operating profit in public credit bank Cirebon district.
The results of the testing of hypotheses first discovered that variable credit small and medium enterprises 0.5456 or by 54,56 % show is influence against operating profit. The results of the testing of hypotheses to two variable third party funds of savings of 0.52134 or by 52,13 % show is influence against operating profit. The results of the testing of hypotheses to three variable third party funds in deposits of 0.5612 or by 56,12 % show is influence against operating profit.
All of the results of the analysis showed in constant of 0.5905 or 59.05%. This credit public bank Cirebon district contribute to the development and growth the small and medium enterprises (SMES) that is in Cirebon district and the rest is the other factors that to affect in out of what researchers do.
Submission Deadline: 30th September 2022
Acceptance Notification: Within Three Days’ time period
Online Publication: Within 24 Hrs. time Period
Expected Date of Dispatch of Printed Journal: 5th October 2022
MODELING AND ANALYSIS OF SURFACE ROUGHNESS AND WHITE LATER THICKNESS IN WIRE-...IAEME Publication
White layer thickness (WLT) formed and surface roughness in wire electric discharge turning (WEDT) of tungsten carbide composite has been made to model through response surface methodology (RSM). A Taguchi’s standard Design of experiments involving five input variables with three levels has been employed to establish a mathematical model between input parameters and responses. Percentage of cobalt content, spindle speed, Pulse on-time, wire feed and pulse off-time were changed during the experimental tests based on the Taguchi’s orthogonal array L27 (3^13). Analysis of variance (ANOVA) revealed that the mathematical models obtained can adequately describe performance within the parameters of the factors considered. There was a good agreement between the experimental and predicted values in this study.
A STUDY ON THE REASONS FOR TRANSGENDER TO BECOME ENTREPRENEURSIAEME Publication
The study explores the reasons for a transgender to become entrepreneurs. In this study transgender entrepreneur was taken as independent variable and reasons to become as dependent variable. Data were collected through a structured questionnaire containing a five point Likert Scale. The study examined the data of 30 transgender entrepreneurs in Salem Municipal Corporation of Tamil Nadu State, India. Simple Random sampling technique was used. Garrett Ranking Technique (Percentile Position, Mean Scores) was used as the analysis for the present study to identify the top 13 stimulus factors for establishment of trans entrepreneurial venture. Economic advancement of a nation is governed upon the upshot of a resolute entrepreneurial doings. The conception of entrepreneurship has stretched and materialized to the socially deflated uncharted sections of transgender community. Presently transgenders have smashed their stereotypes and are making recent headlines of achievements in various fields of our Indian society. The trans-community is gradually being observed in a new light and has been trying to achieve prospective growth in entrepreneurship. The findings of the research revealed that the optimistic changes are taking place to change affirmative societal outlook of the transgender for entrepreneurial ventureship. It also laid emphasis on other transgenders to renovate their traditional living. The paper also highlights that legislators, supervisory body should endorse an impartial canons and reforms in Tamil Nadu Transgender Welfare Board Association.
BROAD UNEXPOSED SKILLS OF TRANSGENDER ENTREPRENEURSIAEME Publication
Since ages gender difference is always a debatable theme whether caused by nature, evolution or environment. The birth of a transgender is dreadful not only for the child but also for their parents. The pain of living in the wrong physique and treated as second class victimized citizen is outrageous and fully harboured with vicious baseless negative scruples. For so long, social exclusion had perpetuated inequality and deprivation experiencing ingrained malign stigma and besieged victims of crime or violence across their life spans. They are pushed into the murky way of life with a source of eternal disgust, bereft sexual potency and perennial fear. Although they are highly visible but very little is known about them. The common public needs to comprehend the ravaged arrogance on these insensitive souls and assist in integrating them into the mainstream by offering equal opportunity, treat with humanity and respect their dignity. Entrepreneurship in the current age is endorsing the gender fairness movement. Unstable careers and economic inadequacy had inclined one of the gender variant people called Transgender to become entrepreneurs. These tiny budding entrepreneurs resulted in economic transition by means of employment, free from the clutches of stereotype jobs, raised standard of living and handful of financial empowerment. Besides all these inhibitions, they were able to witness a platform for skill set development that ignited them to enter into entrepreneurial domain. This paper epitomizes skill sets involved in trans-entrepreneurs of Thoothukudi Municipal Corporation of Tamil Nadu State and is a groundbreaking determination to sightsee various skills incorporated and the impact on entrepreneurship.
DETERMINANTS AFFECTING THE USER'S INTENTION TO USE MOBILE BANKING APPLICATIONSIAEME Publication
The banking and financial services industries are experiencing increased technology penetration. Among them, the banking industry has made technological advancements to better serve the general populace. The economy focused on transforming the banking sector's system into a cashless, paperless, and faceless one. The researcher wants to evaluate the user's intention for utilising a mobile banking application. The study also examines the variables affecting the user's behaviour intention when selecting specific applications for financial transactions. The researcher employed a well-structured questionnaire and a descriptive study methodology to gather the respondents' primary data utilising the snowball sampling technique. The study includes variables like performance expectations, effort expectations, social impact, enabling circumstances, and perceived risk. Each of the aforementioned variables has a major impact on how users utilise mobile banking applications. The outcome will assist the service provider in comprehending the user's history with mobile banking applications.
ANALYSE THE USER PREDILECTION ON GPAY AND PHONEPE FOR DIGITAL TRANSACTIONSIAEME Publication
Technology upgradation in banking sector took the economy to view that payment mode towards online transactions using mobile applications. This system enabled connectivity between banks, Merchant and user in a convenient mode. there are various applications used for online transactions such as Google pay, Paytm, freecharge, mobikiwi, oxygen, phonepe and so on and it also includes mobile banking applications. The study aimed at evaluating the predilection of the user in adopting digital transaction. The study is descriptive in nature. The researcher used random sample techniques to collect the data. The findings reveal that mobile applications differ with the quality of service rendered by Gpay and Phonepe. The researcher suggest the Phonepe application should focus on implementing the application should be user friendly interface and Gpay on motivating the users to feel the importance of request for money and modes of payments in the application.
VOICE BASED ATM FOR VISUALLY IMPAIRED USING ARDUINOIAEME Publication
The prototype of a voice-based ATM for visually impaired using Arduino is to help people who are blind. This uses RFID cards which contain users fingerprint encrypted on it and interacts with the users through voice commands. ATM operates when sensor detects the presence of one person in the cabin. After scanning the RFID card, it will ask to select the mode like –normal or blind. User can select the respective mode through voice input, if blind mode is selected the balance check or cash withdraw can be done through voice input. Normal mode procedure is same as the existing ATM.
IMPACT OF EMOTIONAL INTELLIGENCE ON HUMAN RESOURCE MANAGEMENT PRACTICES AMONG...IAEME Publication
There is increasing acceptability of emotional intelligence as a major factor in personality assessment and effective human resource management. Emotional intelligence as the ability to build capacity, empathize, co-operate, motivate and develop others cannot be divorced from both effective performance and human resource management systems. The human person is crucial in defining organizational leadership and fortunes in terms of challenges and opportunities and walking across both multinational and bilateral relationships. The growing complexity of the business world requires a great deal of self-confidence, integrity, communication, conflict and diversity management to keep the global enterprise within the paths of productivity and sustainability. Using the exploratory research design and 255 participants the result of this original study indicates strong positive correlation between emotional intelligence and effective human resource management. The paper offers suggestions on further studies between emotional intelligence and human capital development and recommends for conflict management as an integral part of effective human resource management.
VISUALISING AGING PARENTS & THEIR CLOSE CARERS LIFE JOURNEY IN AGING ECONOMYIAEME Publication
Our life journey, in general, is closely defined by the way we understand the meaning of why we coexist and deal with its challenges. As we develop the "inspiration economy", we could say that nearly all of the challenges we have faced are opportunities that help us to discover the rest of our journey. In this note paper, we explore how being faced with the opportunity of being a close carer for an aging parent with dementia brought intangible discoveries that changed our insight of the meaning of the rest of our life journey.
A STUDY ON THE IMPACT OF ORGANIZATIONAL CULTURE ON THE EFFECTIVENESS OF PERFO...IAEME Publication
The main objective of this study is to analyze the impact of aspects of Organizational Culture on the Effectiveness of the Performance Management System (PMS) in the Health Care Organization at Thanjavur. Organizational Culture and PMS play a crucial role in present-day organizations in achieving their objectives. PMS needs employees’ cooperation to achieve its intended objectives. Employees' cooperation depends upon the organization’s culture. The present study uses exploratory research to examine the relationship between the Organization's culture and the Effectiveness of the Performance Management System. The study uses a Structured Questionnaire to collect the primary data. For this study, Thirty-six non-clinical employees were selected from twelve randomly selected Health Care organizations at Thanjavur. Thirty-two fully completed questionnaires were received.
Living in 21st century in itself reminds all of us the necessity of police and its administration. As more and more we are entering into the modern society and culture, the more we require the services of the so called ‘Khaki Worthy’ men i.e., the police personnel. Whether we talk of Indian police or the other nation’s police, they all have the same recognition as they have in India. But as already mentioned, their services and requirements are different after the like 26th November, 2008 incidents, where they without saving their own lives has sacrificed themselves without any hitch and without caring about their respective family members and wards. In other words, they are like our heroes and mentors who can guide us from the darkness of fear, militancy, corruption and other dark sides of life and so on. Now the question arises, if Gandhi would have been alive today, what would have been his reaction/opinion to the police and its functioning? Would he have some thing different in his mind now what he had been in his mind before the partition or would he be going to start some Satyagraha in the form of some improvement in the functioning of the police administration? Really these questions or rather night mares can come to any one’s mind, when there is too much confusion is prevailing in our minds, when there is too much corruption in the society and when the polices working is also in the questioning because of one or the other case throughout the India. It is matter of great concern that we have to thing over our administration and our practical approach because the police personals are also like us, they are part and parcel of our society and among one of us, so why we all are pin pointing towards them.
A STUDY ON TALENT MANAGEMENT AND ITS IMPACT ON EMPLOYEE RETENTION IN SELECTED...IAEME Publication
The goal of this study was to see how talent management affected employee retention in the selected IT organizations in Chennai. The fundamental issue was the difficulty to attract, hire, and retain talented personnel who perform well and the gap between supply and demand of talent acquisition and retaining them within the firms. The study's main goals were to determine the impact of talent management on employee retention in IT companies in Chennai, investigate talent management strategies that IT companies could use to improve talent acquisition, performance management, career planning and formulate retention strategies that the IT firms could use. The respondents were given a structured close-ended questionnaire with the 5 Point Likert Scale as part of the study's quantitative research design. The target population consisted of 289 IT professionals. The questionnaires were distributed and collected by the researcher directly. The Statistical Package for Social Sciences (SPSS) was used to collect and analyse the questionnaire responses. Hypotheses that were formulated for the various areas of the study were tested using a variety of statistical tests. The key findings of the study suggested that talent management had an impact on employee retention. The studies also found that there is a clear link between the implementation of talent management and retention measures. Management should provide enough training and development for employees, clarify job responsibilities, provide adequate remuneration packages, and recognise employees for exceptional performance.
ATTRITION IN THE IT INDUSTRY DURING COVID-19 PANDEMIC: LINKING EMOTIONAL INTE...IAEME Publication
Globally, Millions of dollars were spent by the organizations for employing skilled Information Technology (IT) professionals. It is costly to replace unskilled employees with IT professionals possessing technical skills and competencies that aid in interconnecting the business processes. The organization’s employment tactics were forced to alter by globalization along with technological innovations as they consistently diminish to remain lean, outsource to concentrate on core competencies along with restructuring/reallocate personnel to gather efficiency. As other jobs, organizations or professions have become reasonably more appropriate in a shifting employment landscape, the above alterations trigger both involuntary as well as voluntary turnover. The employee view on jobs is also afflicted by the COVID-19 pandemic along with the employee-driven labour market. So, having effective strategies is necessary to tackle the withdrawal rate of employees. By associating Emotional Intelligence (EI) along with Talent Management (TM) in the IT industry, the rise in attrition rate was analyzed in this study. Only 303 respondents were collected out of 350 participants to whom questionnaires were distributed. From the employees of IT organizations located in Bangalore (India), the data were congregated. A simple random sampling methodology was employed to congregate data as of the respondents. Generating the hypothesis along with testing is eventuated. The effect of EI and TM along with regression analysis between TM and EI was analyzed. The outcomes indicated that employee and Organizational Performance (OP) were elevated by effective EI along with TM.
INFLUENCE OF TALENT MANAGEMENT PRACTICES ON ORGANIZATIONAL PERFORMANCE A STUD...IAEME Publication
By implementing talent management strategy, organizations would have the option to retain their skilled professionals while additionally working on their overall performance. It is the course of appropriately utilizing the ideal individuals, setting them up for future top positions, exploring and dealing with their performance, and holding them back from leaving the organization. It is employee performance that determines the success of every organization. The firm quickly obtains an upper hand over its rivals in the event that its employees having particular skills that cannot be duplicated by the competitors. Thus, firms are centred on creating successful talent management practices and processes to deal with the unique human resources. Firms are additionally endeavouring to keep their top/key staff since on the off chance that they leave; the whole store of information leaves the firm's hands. The study's objective was to determine the impact of talent management on organizational performance among the selected IT organizations in Chennai. The study recommends that talent management limitedly affects performance. On the off chance that this talent is appropriately management and implemented properly, organizations might benefit as much as possible from their maintained assets to support development and productivity, both monetarily and non-monetarily.
A STUDY OF VARIOUS TYPES OF LOANS OF SELECTED PUBLIC AND PRIVATE SECTOR BANKS...IAEME Publication
Banking regulations act of India, 1949 defines banking as “acceptance of deposits for the purpose of lending or investment from the public, repayment on demand or otherwise and withdrawable through cheques, drafts order or otherwise”, the major participants of the Indian financial system are commercial banks, the financial institution encompassing term lending institutions. Investments institutions, specialized financial institution and the state level development banks, non banking financial companies (NBFC) and other market intermediaries such has the stock brokers and money lenders are among the oldest of the certain variants of NBFC and the oldest market participants. The asset quality of banks is one of the most important indicators of their financial health. The Indian banking sector has been facing severe problems of increasing Non- Performing Assets (NPAs). The NPAs growth directly and indirectly affects the quality of assets and profitability of banks. It also shows the efficiency of banks credit risk management and the recovery effectiveness. NPA do not generate any income, whereas, the bank is required to make provisions for such as assets that why is a double edge weapon. This paper outlines the concept of quality of bank loans of different types like Housing, Agriculture and MSME loans in state Haryana of selected public and private sector banks. This study is highlighting problems associated with the role of commercial bank in financing Small and Medium Scale Enterprises (SME). The overall objective of the research was to assess the effect of the financing provisions existing for the setting up and operations of MSMEs in the country and to generate recommendations for more robust financing mechanisms for successful operation of the MSMEs, in turn understanding the impact of MSME loans on financial institutions due to NPA. There are many research conducted on the topic of Non- Performing Assets (NPA) Management, concerning particular bank, comparative study of public and private banks etc. In this paper the researcher is considering the aggregate data of selected public sector and private sector banks and attempts to compare the NPA of Housing, Agriculture and MSME loans in state Haryana of public and private sector banks. The tools used in the study are average and Anova test and variance. The findings reveal that NPA is common problem for both public and private sector banks and is associated with all types of loans either that is housing loans, agriculture loans and loans to SMES. NPAs of both public and private sector banks show the increasing trend. In 2010-11 GNPA of public and private sector were at same level it was 2% but after 2010-11 it increased in many fold and at present there is GNPA in some more than 15%. It shows the dark area of Indian banking sector.
EXPERIMENTAL STUDY OF MECHANICAL AND TRIBOLOGICAL RELATION OF NYLON/BaSO4 POL...IAEME Publication
An experiment conducted in this study found that BaSO4 changed Nylon 6's mechanical properties. By changing the weight ratios, BaSO4 was used to make Nylon 6. This Researcher looked into how hard Nylon-6/BaSO4 composites are and how well they wear. Experiments were done based on Taguchi design L9. Nylon-6/BaSO4 composites can be tested for their hardness number using a Rockwell hardness testing apparatus. On Nylon/BaSO4, the wear behavior was measured by a wear monitor, pinon-disc friction by varying reinforcement, sliding speed, and sliding distance, and the microstructure of the crack surfaces was observed by SEM. This study provides significant contributions to ultimate strength by increasing BaSO4 content up to 16% in the composites, and sliding speed contributes 72.45% to the wear rate
ROLE OF SOCIAL ENTREPRENEURSHIP IN RURAL DEVELOPMENT OF INDIA - PROBLEMS AND ...IAEME Publication
The majority of the population in India lives in villages. The village is the back bone of the country. Village or rural industries play an important role in the national economy, particularly in the rural development. Developing the rural economy is one of the key indicators towards a country’s success. Whether it be the need to look after the welfare of the farmers or invest in rural infrastructure, Governments have to ensure that rural development isn’t compromised. The economic development of our country largely depends on the progress of rural areas and the standard of living of rural masses. Village or rural industries play an important role in the national economy, particularly in the rural development. Rural entrepreneurship is based on stimulating local entrepreneurial talent and the subsequent growth of indigenous enterprises. It recognizes opportunity in the rural areas and accelerates a unique blend of resources either inside or outside of agriculture. Rural entrepreneurship brings an economic value to the rural sector by creating new methods of production, new markets, new products and generate employment opportunities thereby ensuring continuous rural development. Social Entrepreneurship has the direct and primary objective of serving the society along with the earning profits. So, social entrepreneurship is different from the economic entrepreneurship as its basic objective is not to earn profits but for providing innovative solutions to meet the society needs which are not taken care by majority of the entrepreneurs as they are in the business for profit making as a sole objective. So, the Social Entrepreneurs have the huge growth potential particularly in the developing countries like India where we have huge societal disparities in terms of the financial positions of the population. Still 22 percent of the Indian population is below the poverty line and also there is disparity among the rural & urban population in terms of families living under BPL. 25.7 percent of the rural population & 13.7 percent of the urban population is under BPL which clearly shows the disparity of the poor people in the rural and urban areas. The need to develop social entrepreneurship in agriculture is dictated by a large number of social problems. Such problems include low living standards, unemployment, and social tension. The reasons that led to the emergence of the practice of social entrepreneurship are the above factors. The research problem lays upon disclosing the importance of role of social entrepreneurship in rural development of India. The paper the tendencies of social entrepreneurship in India, to present successful examples of such business for providing recommendations how to improve situation in rural areas in terms of social entrepreneurship development. Indian government has made some steps towards development of social enterprises, social entrepreneurship, and social in- novation, but a lot remains to be improved.
OPTIMAL RECONFIGURATION OF POWER DISTRIBUTION RADIAL NETWORK USING HYBRID MET...IAEME Publication
Distribution system is a critical link between the electric power distributor and the consumers. Most of the distribution networks commonly used by the electric utility is the radial distribution network. However in this type of network, it has technical issues such as enormous power losses which affect the quality of the supply. Nowadays, the introduction of Distributed Generation (DG) units in the system help improve and support the voltage profile of the network as well as the performance of the system components through power loss mitigation. In this study network reconfiguration was done using two meta-heuristic algorithms Particle Swarm Optimization and Gravitational Search Algorithm (PSO-GSA) to enhance power quality and voltage profile in the system when simultaneously applied with the DG units. Backward/Forward Sweep Method was used in the load flow analysis and simulated using the MATLAB program. Five cases were considered in the Reconfiguration based on the contribution of DG units. The proposed method was tested using IEEE 33 bus system. Based on the results, there was a voltage profile improvement in the system from 0.9038 p.u. to 0.9594 p.u.. The integration of DG in the network also reduced power losses from 210.98 kW to 69.3963 kW. Simulated results are drawn to show the performance of each case.
APPLICATION OF FRUGAL APPROACH FOR PRODUCTIVITY IMPROVEMENT - A CASE STUDY OF...IAEME Publication
Manufacturing industries have witnessed an outburst in productivity. For productivity improvement manufacturing industries are taking various initiatives by using lean tools and techniques. However, in different manufacturing industries, frugal approach is applied in product design and services as a tool for improvement. Frugal approach contributed to prove less is more and seems indirectly contributing to improve productivity. Hence, there is need to understand status of frugal approach application in manufacturing industries. All manufacturing industries are trying hard and putting continuous efforts for competitive existence. For productivity improvements, manufacturing industries are coming up with different effective and efficient solutions in manufacturing processes and operations. To overcome current challenges, manufacturing industries have started using frugal approach in product design and services. For this study, methodology adopted with both primary and secondary sources of data. For primary source interview and observation technique is used and for secondary source review has done based on available literatures in website, printed magazines, manual etc. An attempt has made for understanding application of frugal approach with the study of manufacturing industry project. Manufacturing industry selected for this project study is Mahindra and Mahindra Ltd. This paper will help researcher to find the connections between the two concepts productivity improvement and frugal approach. This paper will help to understand significance of frugal approach for productivity improvement in manufacturing industry. This will also help to understand current scenario of frugal approach in manufacturing industry. In manufacturing industries various process are involved to deliver the final product. In the process of converting input in to output through manufacturing process productivity plays very critical role. Hence this study will help to evolve status of frugal approach in productivity improvement programme. The notion of frugal can be viewed as an approach towards productivity improvement in manufacturing industries.
A MULTIPLE – CHANNEL QUEUING MODELS ON FUZZY ENVIRONMENTIAEME Publication
In this paper, we investigated a queuing model of fuzzy environment-based a multiple channel queuing model (M/M/C) ( /FCFS) and study its performance under realistic conditions. It applies a nonagonal fuzzy number to analyse the relevant performance of a multiple channel queuing model (M/M/C) ( /FCFS). Based on the sub interval average ranking method for nonagonal fuzzy number, we convert fuzzy number to crisp one. Numerical results reveal that the efficiency of this method. Intuitively, the fuzzy environment adapts well to a multiple channel queuing models (M/M/C) ( /FCFS) are very well.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
2. Bekele Abraham Diro
http://www.iaeme.com/IJM/index.asp 34 editor@iaeme.com
capital – risk as a basis to determine capital and the measurement of profitability against risk-based capital
allocations – explain the critical role of capital as a key component in the management of bank portfolios.
The capital structure of banks is, however, still a relatively under-explored area in the banking literature.
Currently, there is no clear understanding on how banks choose their capital structure and what factors
influence their corporate financing behavior. Mostly lending in large banks is less subject to changes in cash
flow and capital. It also identified that shifts in deposit supply affect lending at small banks that do not have
access to the large internal capital market.
The fact is that large banks tend to decrease their capital and increase their lending after mergers. Bank
size seems to allow banks to operate with less capital and, at the same time, engage in more lending. Majority
of the assets of listed firms in India are financed by debt and that there is a correlation between debt ratio
and firm size, growth, asset tangibility, risk, and corporate tax. Given the unique financial features of banks
and the environment in which they operate, there are strong grounds for a separate study on capital structure
determinants of banks.
2. OVERVIEW OF BANK IN INDIA
As per the Reserve Bank of India (RBI), India’s banking sector is sufficiently capitalised and well-regulated.
The financial and economic conditions in the country are far superior to any other country in the world.
Credit, market and liquidity risk studies suggest that Indian banks are generally resilient and have withstood
the global downturn well. Indian banking industry has recently witnessed the roll out of innovative banking
models like payments and small finance banks. The central bank granted in-principle approval to 11
payments banks and 10 small finance banks in FY 2015-16. RBI’s new measures may go a long way in
helping the restructuring of the domestic banking industry.
The Indian banking system consists of 26 public sector banks, 25 private sector banks, 43 foreign banks,
56 regional rural banks, 1,589 urban cooperative banks and 93,550 rural cooperative banks, in addition to
cooperative credit institutions. Public-sector banks control nearly 80 percent of the market, thereby leaving
comparatively much smaller shares for its private peers. Banks are also encouraging their customers to
manage their finances using mobile phones
3. THEORIES ON CAPITAL STRUCTURE
The theoretical principles underlying the capital structure, financing and lending choices of firms can be
described either in terms of a static trade-off choice or pecking order framework. The static trade-off choice
encompasses several aspects, including the exposure of the firm to bankruptcy and agency cost against tax
benefits associated with debt use.
Bankruptcy cost is a cost directly incurred when the perceived probability that the firm will default on
financing is greater than zero. One of the bankruptcy costs is liquidation costs, which represents the loss of
value as a result of liquidating the net assets of the firm. This liquidation cost reduces the proceeds to the
lender, should the firm default on finance payments and become insolvent. Given the reduced proceeds,
financiers will adjust their cost of finance to firms in order to incorporate this potential loss of value. Firms
will, therefore, incur higher finance costs due to the potential liquidation costs (Cassar and Holmes, 2003).
Another cost that is associated with the bankruptcy cost is distress cost. This is the cost a firm incurs if
non-lending stakeholders believe that the firm will discontinue. If a business is perceived to be close to
bankruptcy, customers may be less willing to buy goods and services due to the risk of a firm not being able
to meet its warranty obligations. In addition, employees might be less inclined to work for the business and
suppliers less likely to extend trade credit. These stakeholders’ behaviour effectively reduces the value of
the firm.
Therefore, firms which have high distress cost would have incentives to decrease debt financing so as to
lower these costs. Given these bankruptcy costs, the operating risk of the firm would also influence the
capital structure choice of the firm because firms which have higher operating risk would be exposed to
3. Investigation of Dynamic Involved In Determination of Capital Structure of Karur Vysya Bank, India
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higher bankruptcy costs, making cost of debt financing greater for higher risk firms. Research has found that
high growth firms often display similar financial and operating profiles (Hutchinson and Mengersen, 1989).
Debt financing may also lead to agency costs. Agency costs are the costs that arise as a result of a
principal-stakeholder relationship, such as the relationship between equity-holders or managers of the firm
and debt holders. Myers and Majluf (1984) showed that, given the incentive for the firm to benefit equity-
holders at the expense of debt holders, debt-holders need to restrict and monitor the firm’s behaviour. These
contracting behaviours increase the cost of capital offered to the firm. Thus, firms with relatively higher
agency costs due to the inherent conflict between the firm and the debt-holders should have lower levels of
outside debt financing and leverage.
Firms also consider within the static trade-off framework, the tax benefits associated with the use of debt.
This benefit is created as the interest payments associated with debt are tax deductible while payments
associated with equity such as dividends are appropriated from profit. This tax effect encourages the use of
debt by firms as more debt increases the after-tax proceeds to the owner. The theory among other things
predicts a positive relationship between tax and leverage.
The pecking order theory suggests that firms have a particular preference order for capital used to finance
their businesses (Myers, 1984). Owing to the presence of information asymmetries between the firm and
potential financiers, the relative costs of finance vary between the financing choices. Where the funds
provider is the firm’s retained earnings, meaning more information than new equity holders, the new equity
holders will expect a higher rate of return on capital invested resulting in the new equity finance being more
costly to the firm than using existing internal funds.
A similar argument can be provided between the retained earning and new debt-holders. In addition, the
greater the exposure to the risk associated with the information asymmetries for the various financing choices
besides retained earnings, the higher the return of capital demanded by each source. Thus, the firm will prefer
retained earnings financing to debt, short-term debt over long-term debt and debt over equity.
4. THEORETICAL FRAMEWORK OF BANK CAPITAL STRUCTURE
DETERMINANTS
1. Profitability
Corporate performance has been identified as a potential determinant of capital structure. The tax trade-off
models show that profitable firms will employ more debt since they are more likely to have a high tax burden
and low bankruptcy risk (Ooi, 1999). However, Myers (1984) prescribes a negative relationship between
debt and profitability on the basis that successful companies do not need to depend so much on external
funding. They, instead, rely on their internal reserves accumulated from past profits. Titman and Wessels
(1988) and Barton (1989), agree that firms with high profit rates, all things being equal, would maintain
relatively lower debt ratio since they are able to generate such funds from internal sources. Empirical
evidence from previous studies (Chittenden 1996; Coleman and Cole, 1999; Al-Sakran, 2001) appears to be
consistent with the pecking order theory. Most studies found a negative relationship between profitability
and debt financing.
2. Growth Rate
Applying pecking order arguments, growing firms place a greater demand on their internally generated
funds. Consequentially, firms with high growth will tend to look to external funds to finance the growth.
Firms would, therefore, look to short-term, less secured debt then to longer-term more secured debt for their
financing needs. Myers (1977) confirms this and concludes that firms with a higher proportion of their
market value accounted for by growth opportunity will have debt capacity.
Auerbach (1985) also argues that leverage is inversely related to growth rate because the tax deductibility
of interest payments is less valuable to fast growing firms since they usually have non-debt tax shields.
4. Bekele Abraham Diro
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Michaelas (1999) found future growth positively related to leverage and long-term debt, while Chittenden
(1996) and Jordan (1998) found mixed evidence
3. Tax Charge
Different authors on capital structure have given different interpretations of the impact of taxation on
corporate financing decisions in the major industrial countries. Some are concerned directly with tax policy.
For instance Auerbach (1985), MacKie-Mason (1990), etc. studied the tax impact on corporate financing
decisions. The studies provided evidence of substantial tax effect on the choice between debt and equity.
They concluded that changes in the marginal tax rate for any firm should affect financing decisions. A firm
with a high tax shield is less likely to finance with debt.
The reason is that tax shields lower the effective marginal tax rate on interest deduction. Graham (1996)
on his part concluded that, in general, taxes do affect corporate financial decisions, but the extent of the
effect is mostly not significant.
Ashton (1991) confirms that any tax advantage to debt is likely to be small and thus have a weak
relationship between debt usage and tax burden of firms. De Angelo and Masulis (1980) on the other hand,
show that depreciation, research and development expenses, investment deductions, etc. could be substitutes
for the fiscal role of debt. Titman and Wessels (1988) provided that, empirically, the substitution effect has
been difficult to measure as finding an accurate proxy for tax reduction that excludes the effect of economic
depreciation and expenses is tedious.
4. Dividend Payout
The bankruptcy costs theory pleads for adverse relation between the dividend payout ratio and debt level in
capital structure. The low dividend payout ratio means increase in the equity base for debt capital and low
probability of going into liquidation. As a result of low probability of bankruptcy, the bankruptcy cost is
low. According to the bankruptcy cost theory, the low bankruptcy cost implies the high level of debt in the
capital structure. But the pecking order theory shows the positive relation between debt level and dividend
payout ratio Titman and Wessels (1988). According to this theory, management prefers the internal financing
to external one. Instead of distributing the high dividend, and meeting the financial need from debt capital,
management retains the earnings. Hence, the lower dividend payout ratio means the lower level of debt in
capital structure
5. Business Risk
Given agency and bankruptcy costs, there are incentives for the firm not to utilize the tax benefit of debt
within the static framework model. As a firm is exposed to such costs, the greater its incentive to reduce its
level of debt within its capital structure. One firm variable which impacts upon this exposure is firm operating
risk, in that the more volatile a firm’s earnings streams, the greater the chance of the firm defaulting and
being exposed to such costs. Firms with relatively higher operating risk will have incentives to have lower
leverage than more stable earnings firms. Empirical evidence suggests that there is a negative relationship
between risk and leverage of small firms (Ooi, 1999; Titman and Wessels, 1988).
6. Size
Size plays an important role in determining the capital structure of a firm. Researchers have taken the view
that large firms are less susceptible to bankruptcy because they tend to be more diversified than smaller
companies (Smith and Warner, 1979; Ang and McConnel, 1982). Following the trade-off models of capital
structure, large firms should accordingly employ more debt than smaller firms. According to Berryman
(1982), lending to small businesses is riskier because of the strong negative correlation between the firm size
and the probability of insolvency. Hall (1995) added that, this could partly be due to the limited portfolio
management skills and partly due to the attitude of lenders. Marsh (1982) and Titman and Wessels (1988)
report a contrary negative relationship between debt ratios and firm size. Marsh (1982) argues that small
5. Investigation of Dynamic Involved In Determination of Capital Structure of Karur Vysya Bank, India
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companies, due to their limited access to equity capital market tend to rely heavily on loans for their funding
requirements. Titman and Wessels (1988) further posit that small firms rely less on equity issue because they
face a higher per unit issue cost.
7. Tangibility
Due to the conflict of interest between debt providers and shareholders (Jensen and Mekling, 1976), lenders
face risk of adverse selection and moral hazard. Consequently, lenders may demand security, and collateral
value (proxied by the ratio of fixed to total assets) may be a major determinant of the level of debt finance
available to companies (Scott (1977), Stiglitz and Weiss (1981), Williamson (1988) and Harris and Raviv
(1990)). The degree to which firms' assets are tangible and generic should result in the firm having a greater
liquidation value. Capital intensive companies will relatively employ more debt (Myers, 1977), as pledging
the assets as collateral (Myers, 1977; Harris and Raviv, 1991) or arranging so that a fix charge is directly
placed to particular tangible assets of the firm. Bank financing will depend upon whether the lending can be
secured by tangible assets (Storey, 1994; Berger and Udell, 1998).
5. METHODOLOGY
The study examines the determinants of capital structure of Karur Vysya Bank (KVB), Tamilnadu, India.
The Bank carries with it tradition of 99 years and yet is young enough to adopt itself to the rapidly changing
scenario in the Banking industry. Karur Vysya Bank was started in the year 1916 in Karur, then a small
textile town with a vast agricultural background, by two illustrious sons of the soil – Sri M.A. Venkatarama
Chettiar and Sri Athi Krishna Chettiar. What started as a venture with a seed capital of Rs. 1.00 lakh has
grown into a leading financial institution that offers a gamut of financial services to millions of its customers
under one roof. The data was collected from Karur Vysya Bank. The proposed period was from 2006-07 to
2015-16. The study considered Size (natural log of Total Asset), Tangibility, Profitability, Dividend payout,
Taxation and Risk as Dependent Variables and Leverage as Independent Variable.
MODELING KVB BANK LEVERAGE BASED ON SIZE, TANGIBILITY,
PROFITABILITY, DIVIDEND PAYOUT, TAXATION, RISK
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Model Output: Results and Discussion
Explanatory Variable Coefficient R2
t-Statistics Prob
Size 0.286 0.082 Above 1.96 0.05
Tangibility -0.482 0.232 Above 1.96 0.05
Profitability 0.188 0.035 Above 1.96 0.05
Dividend Payout Ratio -0.203 0.041 Above 1.96 0.05
Taxation 0.126 0.016 Above 1.96 0.05
Risk -0.078 0.006 Above 1.96 0.05
Size with a coefficient of 0.286 is also significant at 0.05% as well as exhibiting a positive relationship
with Bank Leverage ratio thereby supporting the findings of Remmers (1974) on the basis of the Bankruptcy
Cost Theory that large firms are more diversified and as such, have easy access to the capital market, receive
higher credit ratings for debt issues, and pay lower interest rate on debt capital hence they are less prone to
bankruptcy.
Tangibility shows a negative coefficient -0.482, also significant at 0.05%. For Tangibility, this is
expected as supported by the findings of Hutchinson and Hunter (1995) that Tangible assets by impacting
on financial leverage augments risk through the increase of operating leverage
Profitability shows a positive coefficient 0.188 and significant at 0.05%. This result supports with Barton
(1989), agree that firms with high profit rates, all things being equal, would maintain relatively lower debt
ratio since they are able to generate such funds from internal sources.
Dividend Payout with a coefficient given at -0.203 is statistically significant at 1% and negatively related
to Leverage. The result shows that banks management does not prefers the internal sources of financing to
external one but only have to resort to external financing when there is the need for expansion as such, lower
dividend payout ratio means the lower level of debt in capital structure.
Taxation shows a positive coefficient 0.126 and significant at 0.05%. Firms also consider within the
static trade-off framework, the tax benefits associated with the use of debt. This benefit is created as the
interest payments associated with debt are tax deductible while payments associated with equity such as
dividends are appropriated from profit. This tax effect encourages the use of debt by firms as more debt
increases the after-tax proceeds to the owner.
Risk shows a negative coefficient -0.078, also significant at 0.05%. As for Risk, findings find support
in the agency and bankruptcy cost theories which suggests that the greater the chance of a business failure,
the greater will be the weight of bankruptcy costs on enterprise financing decisions and as the probability of
bankruptcy increases, the agency problems related to debt become more aggravating (Taggart 1985). The
finding shows that Banks leverage is positive with Size, Profitability and Taxation. At the same time Bank
leverage is negative with Tangibility, Dividend Payout Ratio, and Risk.
6. CONCLUSION
In conclusion, the empirical evidence from this study suggests that profitability, corporate tax, and bank size
are important variables that influence banks’ capital structure of KVB Bank, India. These results are
consistent with the theories developed in finance to explain capital structure within the firm, including static
trade-off arguments utilizing bankruptcy, agency and tax costs and pecking order arguments. However, there
is no support of banks’ risk influencing the level of leverage of banks.
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