bluuebunny/crossref_metadata_2025_split huggingface dataset:
Collaborative Institution Building: A Critique of Three Experiences in Higher Education
Authors: Ganesh S.R. 
Published: September 2016

Assistance and collaboration are the underlying themes of the three books reviewed in this article. These books also primarily represent the outputs of systematic introspection of the American partners, during the late sixties and the early seventies, of the institution building efforts for higher education in technology, agriculture, and management in India. The collaborations focused on transference of three models of higher education, namely the MIT model for technology, the land-grant university model for agriculture, and the business school model for management. The author reviews the general and specific contexts in which these institution building efforts were undertaken and analyses the processes of birth and development of the institutions and the role of foreign collaboration. Issues for institution building, in general, are raised and a case is made for grounding theory in this vital area of planned social change. Books Reviewed Hill, Thomas M.; Haynes, Warren, W.; and Baumgartel, Howard, with the collaboration of Paul, Samuel, Institution Building in India: A Study of International Collaboration in Management Education (Boston: Division of Research, Graduate School of Business Administration, Harvard University, 1973). Read, Hadley, Partners with India: Building Agricultural Universities (Urbana-Champaign: University of Illinois, College of Agriculture, 1974). Sebaly, Kim Patrick, The Assistance of Four Nations in the Establishment of the Indian Institutes of Technology, 1945-1970 (Ann Arbor: University of Michigan, Comparative Education Dissertation Series, 1972).
Corporate Power: Benign or Malignant?
Authors: Balakrishnan K. 
Published: September 2016

Corporate social responsibility is fast becoming a fashionable phrase among businessrnen, managers, management academics, economists, politicians, and the public at large. Before these diverse groups plunge into serious debate on this crucial issue, one could perhaps learn from the long experience of western countries, especially the U. S., on this subject. A detailed scrutiny of a selected sample of western thought showed that two different and distinct groups existed. It was significant to find economists, lawyers, and political thinkers in the former group looking at the corporation mostly from outside, and teachers, researchers, and counsellors to the corporate sector in the latter group looking at the corporation from within. The former group, called externalists, has wielded better influence with policymakers in government and the latter, called managerialists, has influenced decisionmakers in corporations. The four—externalists, government, managerialists, and corporation—have continued to function as two parallel axes: the externalists-government axis almost always confronting the managerialists-corporation axis.
To Let Live or Die: Decision–Making on the Allocation of Scarce Life–Saving Medical Resources
Authors: Nagarajan K.V. 
Published: September 2016

S⁄> Patrick: Well, Mr. Savior of Lives: which is it to be? That honest decent man Blekinsop, or that rotten blackguard of an artist, eh? Ridgeon: It's not an easy case to judge, is it? Blenkinsop's an honest decent man; but is he any use? Dubedat's a rotten blackguard; but he's a genuine source of pretty and pleasant and good things. Sir Patrick: What will he be a source of for that poor innocent wife of his, when she finds him out? Ridgeon: That's true. Her life will be a hell. Sir Patrick: And tell me this. Suppose you had this choice put before you: either to go through life and find all the pictures bad but all the men and women good, or go through life and find all the pictures good and all the men and women rotten. Which would you choose? Bernard Shaw, The Doctor's Dilemma.
Top management selection for public enterprise : Is private sector model appropriate ?
Authors: Murthy K.R.S. 
Published: September 2016

Top management selection for pubticenterprises hasbeena continuing problem for the Government. Scores of public enterprises, including some big and important ones, remain headless at any time, despite Government efforts. Actual tenures have remained short and a satisfactorily long aver-age tenure stilt remamvorrir" a* §oot. In this timely article, Professor Murthy questions the appropriateness of the model of enterprise used in public enterprise. > to rrnnf nplunliTni thr top manager's job and the problem of relating the man to rtf»jabin public enterprise using four planning and control models—private enterprise, staff, middle management, and factory manager. The power of appointment to improve performance is enhanced if the choice of the person, the enterprise's needs, and the planning and control model that the government is able to use are in balance. Drawing from experiences of public enterprises in India, Turkey, and the U.S., he emphasizes how political power can strengthen the appointment process and, thus, the performance of public enterprise.
Irrigation Management: Delivery system and training needs for India
Authors: Nobe Kenneth C. 
Published: September 2016

In recent years there has been a steadily growing awareness that to increase agricultural output, the efficiency and productivity of irrigation water at the on-farm level must be increased. The author visited India in January- February 1982, as Chief of Party for a team of specialists invited by the India Mission, U.S. Agency for International Development and the Central Water Commission, Ministry of Irrigation, to advise on the development of a long-term irrigation water management special studies and training project. From his study in India, he concludes that if new and existing irrigation projects must succeeld, then the operation and management of total irrigation systems must improve. This requires training inputs in irrigation engineering and basic agricultural sciences for all concerned personnel and also training in system management skills. It is in this that the state training centres and Indian management institutes will be of help.
Diagnostic
Authors: Sen Biswajit 
Published: September 2016

In this feature a caselet with rich policy implications is presented to a panel of academics and practitioners. The panelists diagnose the problem or problems, analyse their causes and make policy-level recommendations that go beyond the immediate situation presented in the case. Readers are requested to send interesting caselets for possible use by Vikalpa. Kindly send three copies to the Editor, VikaJpa.
Frontiers of management research abroad
Authors: Seshadri DVR 
Published: September 2016

“The whole in a nutshell!” That is Frontiers of management research abroad. To expose Indian readers to management research abroad we present in this feature jargon free summaries of recent research published in some of the world's leading management journals. These capsule summaries would, we hope, induce the enthusiastic readers to still wider reading. And also,to contribute to this feature themselves. Readers are requested to give detailed information regarding the article condensed such as its publication details, etc., to Professor Samir Barua.
A Delphi study of futurist management pedagogy
Authors: Tiwary Arvind , Viswanathan Jayshree , Jhatta Mahesh , Ravisankar R. 
Published: September 2016

By using Delphi technique, which is to build scenarios of the future, this paper recounts three iterations of writing scenarios for pedagogy in 2000 A.D. in management institutions by a group of four panelists. The conclusions they arrived at were: Pedagogy in management institutions will involve' modularization of knowledge, technological aids will be more extensively used, and the focus of pedagogy will be on interpersonal skills. Knowledge will become more amenable to packaging and will not have to be taught. In short, education will become more individualistic.
Frontiers of management research abroad
Authors: Samanta R.K. 
Published: September 2016

“The whole in a nutshell!” That is Frontiers of management research abroad. To expose Indian readers to management research abroad we present in this feature jargon free summaries of recent research published in some of the world's leading management journals. These capsule summaries would, we hope, induce the enthusiastic readers to still wider reading. And also, to contribute to this feature themselves. Readers are requested to give detailed information regarding the article condensed such as its publication details, etc., to Professor Samir Barua.
Diagnostic
Authors: D'Souza Keith C. 
Published: September 2016

In this feature a caselet with rich policy implications is presented to a panel of academics and practitioners. The panelists diagnose the problem or problems, analyse their causes and make policy-level recommendations that go beyond the immediate situation presented in the case. Readers are requested to send interesting caselets for possible use by Vikalpa. Kindly send three copies to the Editor, Vikalpa.
Diagnostic
Authors: Mathen Korah 
Published: September 2016

In this feature a caselet with rich policy implications is presented to a panel of academics and practitioners. The panelists diagnose the problem or problems, analyse their causes and make policy-level recommendations that go beyond the immediate situation presented in the case. Readers are requested to send interesting caselets for possible use by Vikalpa. Kindly send three copies to the Editor, Vikalpa.
Diagnostic
Authors: Rao S. Sreenivas 
Published: September 2016

In this feature a caselet with rich policy implications is presented to a panel of academics and practitioners. The panelists diagnose the problem or problems, analyse their causes, and make policy-level recommendations that go beyond the immediate situation presented in the case. Readers are requested to send interesting caselets for possible use by Vikalpa. Kindly send three copies to the Editor, Vikalpa.
Frontiers of management research abroad
Authors: Jain Gautam Raj 
Published: September 2016

“The whole in a nutshell!” That is Frontiers of management research abroad. To expose Indian readers to management research abroad we present in this feature jargon free summaries of recent research published in some of the world's leading management journals. These capsule summaries would, we hope, lead the enthusiastic readers to still wider reading. And also to contribute to this feature themselves. Readers are requested to send condensed articles and their publication details to Professor Samir Barua.
Diagnostic
Authors: Santhalakshmi K. 
Published: September 2016

Diagnostic is a feature in which a caselet with rich policy implications is presented to a panel. The panelists diagnose the problem, analyse the causes, and make policy-level recommendations that go beyond the immediate situation presented. In this issue of Vikalpa we present an American case of alleged sex discrimination in promotion-an issue of emerging importance. Five panelists—D.M. Shirodkar, Meena Choksey, Deepti Bhatnagar, Pramod Verma, and K. Santhalakshmi—diagnose the case and discuss the issue of sex discrimination in the Indian context. Readers are Welcome to share their reactions to this case, their own experiences as well as send caselets to this feafure of Vikalpa.
How to Price a Share for Acquisition
Authors: Roy Malay Kanti 
Published: September 2016

Although take‐overs are becoming important means of diversification, there is no established technique which incorporates uncertainties involved and gives a range of values of a target firm which can form the basis for offering a price. Using a model of the firm's cash flows after acquisition, Malay Kanti Roy simulates the likely cash flow streams from the acquisition of India Cements for various values of the key variables such as growth rate and earnings before interest and taxes. He shows how such models and simulation analyses can help negotiators set upper and lower limits for a take-over bid.
Organization Innovation and Training of Personnel: A Key to Better Utilization of Irrigation Potential
Authors: Srivastava U K 
Published: September 2016

With the shifting of the emphasis from construction of new irrigation projects to better utilization of the already created irrigation potential in the Seventh Plan, there is a need to find out why the Command Area Development Agencies (CADAs), created specifically for this purpose over a. decade ago, have failed to achieve the anticipated results. Based on his study of CADAs in a number of states, UK Srivastava identifies two missing links: (1) organizational innovation to create unified responsibility for utilization of already created irrigation potential at the national CADA and small unit area levels and (2) the need to train CADA personnel to deai with the farmers arid their problems in actually utilizing the irrigation potential created.
Financial Ratios for Bankruptcy Prediction A Consensus Approach
Authors: Ariyo Ademola 
Published: September 2016

Bankruptcy prediction is essentially a judgemental task. Yet, most models use statistical methods to select the relevant financial variables for prediction. This study provides behavioural evidence from 31 bank managers and officers of financial institutions in Nigeria on the appropriateness of the choice of variables for bankruptcy prediction. The study finds that there was a consensus on short‐term liquidity ratios being consistent predictors of financial distress, a finding which confirms the usual choice of these variables based on statistical models. Interestingly, the short-term lending orientation of the financial institutions represented on the study appears to have yielded a consensus in the respondents' preference for the short-term liquidity ratios. The study finds that the level of experience of the manager has an important bearing on the choice of variables to be used in predicting bankruptcy.
Better Evaluation of a Lease
Authors: Raghunathan V 
Published: September 2016

In the October-December 1986 issue, Vikalpa published an article on leasing by I M Pandey who outlined an approach to lease evaluation, treating leasing as functionally equivalent to debt and using the borrowing rate for discounting cashflows. V Raghunathan argues in this article that treating leasing as functionally equivalent to debt is flawed. He outlines an investment approach to evaluating a lease using the weighted average cost of capital for discounting instead of the borrowing rate. In addition to outlining his approach, Raghunathan comments on the Indian leasing scene and on the myths and realities about leasing.
Issues in Lease Evaluation
Authors: Pandey I M 
Published: September 2016

How should a lease be evaluated? Vikalpa published an article on “Myths and Realities about Leasing” (October- December 1986) in which I M Pandey introduced two methods of evaluation, the Equivalent Loan Method and the Net Advantage of Leasing Method. Pandey considered the impact ofa lease as functionally equivalent to that of debt. He used the borrowing rate to discount lease rentals and tax shields in both methods. In the April-June 1987 issue, Vikalpa carried an article by V Raghunathan entitled “Better Evaluation of a Lease.” Raghunathan critiqued Pandey's approach. He proposed a method involving a comparison between purchasing an asset and leasing it, treating each as an investment decision. He used the weighted average cost of capital for discounting cashflows. In this Notes and Comments feature, the authors discuss the conceptual issues underlying these methods of evaluating a lease.
Lending Practices of Financial Institutions: A Critical View
Authors: Siddharth R 
Published: September 2016

In the first article, Siddharth takes an unconventional view of the lending practices of banks and financial institutions He criticizes the concepts such as debt-equity norms adopted and institutional attitudes towards entrepreneurs and risk. To give a balanced perspective, Vikalpa also presents comments of a development banker on Siddharth's views. Vikalpa hopes that this article will generate further sharing of experiences and research. In the April-June issue, Vikalpa published an article by T K Moulik titled “Problems and Challenges in Wool Development.” In this feature, Upendra Patel, Chairman and Managing Director of Shri Dinesh Mills Ltd, Vadodara, under whose chairmanship the Indian woollen industry collaborated with the Gujarat Government in sheep and wool development, comments on Moulik's article. Upendra Patel points out that policy makers should decide whether sheep rearing should be for production of meat or for production of wool. A clear choice of objective is critical due to the acute shortage of grazing lands and high demand for carpet quality wool.
Notes and Comments
Authors: Mehta Sanat 
Published: September 2016

Vikalpa publishes three responses to K R S Murthy's article “Do Public Enterprises Need a Corporate Strategy?” (April-June 1987). Professor Laxmi Narain agrees with Murthy's argument that the strategic competence of public sector enterprises is low. However, he questions whether the conditions and context of high level competence can be laid down as requirements for formulating a corporate strategy. He argues that public enterprises do need a strategy while their environment and competence would decide the extent of their success. Agreeing with Murthy's arguments, Professor S K Chakraborty suggests that the government should withdraw from managing the enterprises. Former Finance Minister of Gujarat Shri Sanat Mehta points out that chairmen and managing directors of the profit making public enterprises behave almost like Rajas and waste resources. He states that public enterprises have a role to play in spreading social justice.
What Can Financial Institutions do to Prevent Corporate Sickness?
Authors: Khandwalla Pradip N 
Published: September 2016

Corporate sickness has reached the proportions of an epidemic. Yet more than four-fifths of the large sick units are considered potentially viable. Public financial institutions have a major stake in the revival of sick units, because they assist most and up to well over half their invested capital. What can they do to prevent sickness? Professor Khandwalla conducted an interview-cum-questionnaire study of officials, especially 36 rehabilitation officers closely involved with sick units. While inappropriate management is the major cause of sickness, financial institutions' own procedures arid practices are also an important cause. Several recommendations emerge from the study for remedying the situation through early detection and timely preventive action.
Training Farmers for Mechanization
Authors: Sharan Girja 
Published: September 2016

Effective utilization of farm machinery requires more than transfer of information. New skills have to be built among farmers, especially those introducing machinery for the first time. Building such skills requires infrastructure, trained personnel and time. The total capacity to train of the Farm Machinery Training and Testing Institutes of the Government of India at Budni, Hissar and Garladinne as well as the 20 agricultural universities in the country amounts to only about 7,000 a year compared to a need of about 25,000. Girja Sharan discusses how interinstitutional collaboration can help bridge the gap to enable farmers to realize the full benefits of mechanization.
Testing Stock Market Efficiency Using Risk-Return Parity Rule
Authors: Srinivasan N P , Narasimhan M S 
Published: September 2016

Although the concepts of efficiency have been extensively researched, an efficient stock market has remained elusive. The subject is of particular concern in India now because of the increasing dependence on the capital market for financing industrial growth. S K Barua and V Raghunathan presented two articles in Vikalpa (July-September 1986 and July-September 1987) arguing that the Indian capital market was inefficient. Using Reliance share prices, they tried to demonstrate that schemes yielding returns unrelated to risk existed. Srinivasan and Narasimhan in this article question the methodology used by Barua and Raghunathan and elaborate on the concepts of risk-return parity and efficiency, drawing a distinction between information efficiency and market efficiency.
Guna Dynamics can Enrich Transactional Analysis
Authors: Chakraborty S K 
Published: September 2016

A good theory of social interaction is fundamental to individual, organizational and societal well-being and progress. Transactional Analysis, the psychology of human relationships, is such a theory that is immensely popular in management literature. Guna Dynamics is an Indian psycho-philosophical theory of human conduct and behaviour that has retained its logical appeal over thousands of years. Yet, rigorous study and application of Guna theory to management is grossly neglected. S K Chakraborty compares the two theories and sketches the similarities and differences between them. He finds that Guna theory is more comprehensive in its scope than Transactional Analysis, and is, therefore, able to explain better, both the industry's impact on environment, and the aggravated negative tendencies in our society. He proposes a synthesis of the two theories for more effective handling of human-relationships.
Diamond Star Company, Bombay
Authors: Raghunath S 
Published: September 2016

Despite the multinational operations of Diamond Star Company, Bombay, Manilal Shah, the owner-manager, is wondering whether he should recruit professionals for his organization. He interviews Amit Singh, a management graduate and debates whether he is worth his price in terms of his commitment and the benefits he would bring for his company. The case raises interesting questions such as: Should Shah recruit professionals? What does professionalization mean? How can Shah ensure the commitment of professionals to his organization? What can a professional expect from his job in Diamond Star Company?
The Bajaj Lockout
Authors: Kher Manik 
Published: September 2016

The Government of India is committed to bring about a balanced regional development. In pursuit of this important objective, the government has been granting new industrial licences only if the new projects are located in the "no industry" districts of backward regions. While the objectives and strategy of development of backward regions are unexceptional, the implementation of this strategy poses many problems. A modern plant located in an underdeveloped part of the country faces many operational problems. It is not easy for managements to train personnel there to operate and maintain modern machines based on the latest technology. There is a great reluctance on the part of qualified managers and workers to accept positions in such locations given their non-existent infrastructure. The only economic advantage of locating plants in backward regions is the reduction in labour cost and the hefty subsidies received from the central and state governments. For successfully implementing the strategy of developing backward regions, it is imperative that both the central and the state governments assist the managements in developing the necessary infrastructure and maintaining cordial relations with their employees. The Waluj plant case highlights these problems and triggers thinking on the action that needs to be taken. Vikalpa is thankful to Manik Kher of The Times Research Foundation, Pune, for the case.