https://dspace.fsm.ac.in/jspui/handle/123456789/5420 2026-06-16T11:08:45Z 2026-06-16T11:08:45Z Kaur, Rajwinder Lal, Bhajan Devadhasan, Babin Dhas Jena, Lalatendu Kesari https://dspace.fsm.ac.in/jspui/handle/123456789/5479 2026-05-05T03:49:08Z 2026-01-01T00:00:00Z

Title: Do HR practices influence firm performance? Mediating role of employee engagement among Indian executives Authors: Kaur, Rajwinder; Lal, Bhajan; Devadhasan, Babin Dhas; Jena, Lalatendu Kesari Abstract: Purpose – The paper aims to investigate the relationship between human resource practices (HRPs), employee engagement and firm performance, with a focus on the mediating role of employee engagement in its association. Design/methodology/approach – Data for the present study were collected from 281 middle- and senior-level executives representing various Indian industries of different sizes via convenient sampling. The SPSS PROCESS macro (model 4) was employed to analyze the collected data. Findings – The results revealed that human resource (HR) practices have a direct and positive impact on firm performance. Moreover, employee engagement represented a partially mediated effect. The analysis showed that the influence is significantly augmented when employee engagement is factored into this relationship. Practical implications – This investigation highlights the importance of organizations adopting a holistic HR approach that fosters employee engagement at every stage of the HR lifecycle. Training and development initiatives not only equip employees with essential skills but also play a critical role in boosting engagement. Elevated employee engagement leads to increased commitment, job satisfaction and organizational citizenship behaviors, ultimately driving improved firm performance. Originality/value – This study’s findings offer valuable insights for organizations aiming to enhance their HR practices to improve firm performance. Firms that invest in robust HR practices, including recruitment, training and talent management, stand to gain significantly by fostering higher levels of employee engagement.

2026-01-01T00:00:00Z Tewary, Tavishi Jain, Vranda https://dspace.fsm.ac.in/jspui/handle/123456789/5475 2026-04-28T09:43:57Z 2026-01-01T00:00:00Z

Title: Circular Economy and Blockchain Technology : Pathways to Economic, Social, and Environmental Sustainability Authors: Tewary, Tavishi; Jain, Vranda Abstract: Purpose : The study investigated how blockchain technology (BCT) connects circular economy practices with economic, social, and environmental sustainability, addressing the limited empirical evidence on how digital technologies configure circular initiatives and shape multidimensional sustainability outcomes. Methodology : The proposed model was tested using partial least squares structural equation modeling on survey data collected from 176 respondents across three Indian states. Findings : Circular economy practices were strongly related to the level of BCT adoption and exerted a direct positive influence on economic, social, and environmental sustainability, while blockchain adoption itself positively affected all three sustainability dimensions and partially mediated the relationship between circular practices and sustainability outcomes. Implications : The results underscored the need for complementary digital investments alongside circular economy strategies to realize system-wide and scalable sustainability benefits, offering guidance for practitioners and policymakers pursuing sustainable development. Originality : The study advanced sustainability and digital transformation literature by empirically integrating circular economy practices and BCT into a unified framework that links digitalization with multidimensional sustainability performance.

2026-01-01T00:00:00Z Kishore, Aakanksha Khanna, Aditi Jaggi, Chandra K. Mir, Maroof Ahmad https://dspace.fsm.ac.in/jspui/handle/123456789/5474 2026-05-05T03:49:57Z 2026-01-01T00:00:00Z

Title: An inventory model on compounding interaction effects between quality uncertainty, human inspection fallibility, credit financing strategies, and bad debt losses Authors: Kishore, Aakanksha; Khanna, Aditi; Jaggi, Chandra K.; Mir, Maroof Ahmad Abstract: Purpose This study aims to propose a three-tier inventory model in which the upstream and downstream trade credit strategies differ, and the concept of bad debts is applied to downstream credit financing. In addition, the model incorporates the supply of defectives from the manufacturer’s side, which is handled via an error-prone inspection process at the wholesaler’s end. Companies can customize this model to predict potential financial losses from uncollectible debts in imperfect supply chains. Design/methodology/approach A mathematical model is formulated under specific assumptions regarding flexible credit limits, bad debts, defectives and inspection inaccuracies. Six different cases of credit arrangements are analyzed, and closed-form expressions are derived for each case mathematically using calculus and concavity tests. A robust parametric analysis is used to understand the influence of changes in defect rates, error rates and credit limits on order size, profit function and cycle time. Findings Findings suggest that permissible delays in payments serve as a balancing tool to offset losses resulting from the presence of defective products and inspection errors, with profit margins increasing as the number of reliable retailers increases. Originality/value The study reveals interaction effects between quality, inspection, credit and defaults that change optimal policies in nonobvious ways. Also, it enables answering strategic questions that are fundamental to practice but impossible with prior fragmented models. It also provides the analytical framework for bad debt provisioning when quality uncertainty and credit risk interact. Finally, it offers a practical decision tool for real problems facing wholesalers like Big Bazaar, Walmart and Shoppers Stop.

2026-01-01T00:00:00Z Soni, Tarun K. Satapathy, D. P. https://dspace.fsm.ac.in/jspui/handle/123456789/5473 2026-04-28T09:43:55Z 2026-01-01T00:00:00Z

Title: IPO Characteristics and Financial Outcomes: Empirical Evidence from Indian IPOs Authors: Soni, Tarun K.; Satapathy, D. P. Abstract: This study examines the effects of firm-specific factors on the short-run and long-run returns of Indian initial public offerings (IPOs). This research adopts the robust least-squares method to investigate the relationship between shortand long-term returns of IPOs and firm characteristics. This study examines hand-collected data for 328 IPOs over a period of 10 years to identify factors that influence the long-term and short-term performance of IPOs. The findings confirm that the issue price, age, and size have a significant and positive influence on the short-term performance of IPOs. Furthermore, the timing of IPOs has a negative impact on short-term performance. We also find evidence that short-term, market-adjusted excess returns have a positive effect on long-term returns. The findings of this study help to build an understanding of firm-specific factors that may be used to forecast IPO performance in the Indian context

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