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Total No of Publication : 1367


Allocation to Anchor Investors, Underpricing, and the After-Market Performance of IPOs

  • Authors: Seth R., Vishwanatha S.R., Prasad D.
    Year: 2019 | IIM Calcutta
    Source: Financial Management
    DOI: 10.1111/fima.12210

We study bidding by anchor investors in a two-stage initial public offering (IPO) process and document a negative, causal relation between allocation to anchor investors and underpricing. We find that anchor investors are likely to invest in hard-to-place offerings characterized by valuation uncerta...(Read Full Abstract)


An effective uncertainty based framework for sustainable industrial product-service system transformation

  • Authors: Erkoyuncu J.A., Roy R., Shehab E., Durugbo C., Khan S., Datta P.
    Year: 2019 | IIM Calcutta
    Source: Journal of Cleaner Production
    DOI: 10.1016/j.jclepro.2018.09.182

Industrial Product-Service Systems (IPS2) can provide insights to enhance the environmental sustainability and lower environmental impact. However, its successful realisation for preventing the production of waste, while increasing efficiencies in the uses of energy and human capital remains a highl...(Read Full Abstract)


An Orchestrated Negotiated Exchange: Trading Home-Based Telework for Intensified Work

  • Authors: Bathini D.R., Kandathil G.M.
    Year: 2019 | IIM Calcutta
    Source: Journal of Business Ethics
    DOI: 10.1007/s10551-017-3449-y

In this paper, we explore a popular flexible work arrangement (FWA), home-based telework, in the Indian IT industry. We show how IT managers used the dominant meanings of telework to portray telework as an employee benefit that outweighed the attendant cost—intensified work. While using their discre...(Read Full Abstract)


Attainment discrepancy and investment: Effects on firm performance

  • Authors: Deb P., David P., O'Brien J.P., Duru A.
    Year: 2019 | IIM Calcutta
    Source: Journal of Business Research
    DOI: 10.1016/j.jbusres.2019.02.047

Although the behavioral theory of the firm posits that performance shortfalls trigger problemistic search, the actual performance consequences of problemistic search remain an open question. We argue that certain cognitive, affective, and behavioral mechanisms triggered by performance shortfalls mak...(Read Full Abstract)


Building resilient community using social technologies: A precursory measure for effective disaster management

  • Authors: Bhattacharyya S., Dey P., Basak J., Roy S., Bandyopadhyay S.
    Year: 2019 | IIM Calcutta
    Source: ACM International Conference Proceeding Series
    DOI: 10.1145/3288599.3295591

Natural disasters like cyclones are a common phenomenon in India, especially in coastal regions. During disaster, victims of a village/ locality normally take shelters in groups in some nearby safe areas (for example, Multi Purpose Cyclone Shelters). Despite of having access to physical infrastructu...(Read Full Abstract)


Causal inference from strip-plot designs in a potential outcomes framework

  • Authors: Alqallaf F.A., Huda S., Mukerjee R.
    Year: 2019 | IIM Calcutta
    Source: Statistics and Probability Letters
    DOI: 10.1016/j.spl.2019.01.027

Natural disasters like cyclones are a common phenomenon in India, especially in coastal regions. During disaster, victims of a village/ locality normally take shelters in groups in some nearby safe areas (for example, Multi Purpose Cyclone Shelters). Despite of having access to physical infrastructu...(Read Full Abstract)


Channel coordination using options contract under simultaneous price and inventory competition

  • Authors: Biswas I., Avittathur B.
    Year: 2019 | IIM Calcutta
    Source: Transportation Research Part E: Logistics and Transportation Review
    DOI: 10.1016/j.tre.2019.01.010

In this paper we demonstrate that options contract coordinates single supplier - multiple buyer supply chain network and can eliminate channel conflict stemming from simultaneous price and inventory competition. We show that a pure strategy unique Nash equilibrium exists for buyers’ game and the sup...(Read Full Abstract)


Combating incumbency advantage of network effects: The role of entrant’s decisions and consumer preferences

  • Authors: Gupta A., Mateen A., Sharma D., Sarkar U.K., Cheruvil Thomas V.
    Year: 2019 | IIM Calcutta
    Source: Competition and Regulation in Network Industries
    DOI: 10.1177/1783591718823922

This article studies the competitive dynamics between an incumbent and a late entrant in a market governed by network effects. Classifying markets based on decision criterion used by majority of consumers in a market, an analytical model for the likelihood of incumbent displacement in these markets ...(Read Full Abstract)


Discovering conversational topics and emotions associated with demonetization tweets in India

  • Authors: Niyogi M., Kumar Pal A.
    Year: 2019 | IIM Calcutta
    Source: Advances in Intelligent Systems and Computing
    DOI: 10.1007/978-981-13-1132-1_17

Social media platforms, owing to its great wealth of information, facilitates one’s opportunities to explore hidden patterns or unknown correlations. It also finds its credibility in understanding people’s expressions from what they are discussing on online platforms. As one showcase, in this paper,...(Read Full Abstract)


Discovering conversational topics and emotions associated with demonetization tweets in India

  • Authors: Niyogi M., Kumar Pal A.
    Year: 2019 | IIM Calcutta
    Source: Advances in Intelligent Systems and Computing
    DOI: 10.1007/978-981-13-1132-1_17

Social media platforms, owing to its great wealth of information, facilitates one's opportunities to explore hidden patterns or unknown correlations. It also finds its credibility in understanding people's expressions from what they are discussing on online platforms. As one showcase, in this paper,...(Read Full Abstract)


Do group-affiliated firms time their equity offerings?

  • Authors: Wadhwa K., Neupane S., Syamala S.R.
    Year: 2019 | IIM Calcutta
    Source: Pacific Basin Finance Journal
    DOI: 10.1016/j.pacfin.2019.02.004

Using IPO and SEO data from the Indian capital market, we examine whether group-affiliated firms are able to time their equity issuance relative to stand-alone firms. Group-affiliated firms have access to internal capital markets, which, we argue should allow these firms to raise external capital at...(Read Full Abstract)


Do tweets create value? A multi-period analysis of Twitter use and content of tweets for manufacturing firms

  • Authors: Majumdar A., Bose I.
    Year: 2019 | IIM Calcutta
    Source: International Journal of Production Economics
    DOI: 10.1016/j.ijpe.2019.04.008

In this research we enquire if adoption of Twitter by manufacturing firms creates any value for the firm. We conduct two studies to examine the relationship between Twitter related activities of manufacturing firms and the market reaction towards these firms. We collect a novel multi-period dataset ...(Read Full Abstract)


Emergence of the small-scale iron foundry industry in Howrah (India), 1833–1913

This article explores the emergence of small-scale iron foundries in the Howrah district of India. Based on the empirical findings the article contributes to the debate on indigenous entrepreneurship in colonial India. It shows that indigenous entrepreneurs were critical in the emergence of small-sc...(Read Full Abstract)


Evaluating channel partner’s performance: impact of task environments on the relevance of measurement metrics

  • Authors: Goyal V., Mishra P.
    Year: 2019 | IIM Calcutta
    Source: Journal of Business and Industrial Marketing
    DOI: 10.1108/JBIM-04-2018-0124

Purpose: The purpose of this paper is to develop a nuanced framework for evaluating a channel partner’s performance in distribution channel relationships. Given a channel partner’s task environment characteristics (high/low munificence, dynamism and complexity), the study examines which performance ...(Read Full Abstract)


Foreign institutional investors’ trading and information dissemination in emerging markets: Further evidence

  • Authors: Syamala S.R., Wadhwa K.
    Year: 2019 | IIM Calcutta
    Source: Research in International Business and Finance
    DOI: 10.1016/j.ribaf.2019.04.003

Purpose: The purpose of this paper is to develop a nuanced framework for evaluating a channel partner’s performance in distribution channel relationships. Given a channel partner’s task environment characteristics (high/low munificence, dynamism and complexity), the study examines which performance ...(Read Full Abstract)


ICT solutions for the informal sector in developing economies: What can one expect?

  • Authors: Bhattacharya R.
    Year: 2019 | IIM Calcutta
    Source: Electronic Journal of Information Systems in Developing Countries
    DOI: 10.1002/isd2.12075

In the dominant policy discourses, the informal sector is often treated as composed of millions of entrepreneurs who are stuck at small scales of business with low levels of productivity and incomes because of market imperfections, institutional rigidities, or regulatory bias. Technological inclusio...(Read Full Abstract)


India’s TRIPS-Compliant Patent Decade – The Tumultuous Journey in Search of a Pragmatic Equilibrium

  • Authors: Unni V.K.
    Year: 2019 | IIM Calcutta
    Source: IIC International Review of Intellectual Property and Competition Law
    DOI: 10.1007/s40319-019-00783-3

During the first decade of India’s TRIPS compliance (2005–2015), the country witnessed numerous patent-related disputes, mostly from the pharmaceutical sector on various issues pertaining to patent protection, enforcement of patent rights and compulsory licensing of granted patents. Even the non-pha...(Read Full Abstract)


India's external commercial borrowing: Pulled by domestic fundamentals or pushed by global conditions?

External commercial borrowing (ECB) has assumed growing prominence in the Indian economy. This paper analyzes the trends and determinants of ECB flows to India using monthly data for the period 2004M1 to 2015M12. Employing the Johansen cointegration and error correction techniques, our analysis sugg...(Read Full Abstract)


Integrated product design, shelf-space allocation and transportation decisions in green supply chains

  • Authors: Kuiti M.R., Ghosh D., Gouda S., Swami S., Shankar R.
    Year: 2019 | IIM Calcutta
    Source: International Journal of Production Research
    DOI: 10.1080/00207543.2019.1597292

In this paper, we examine a supply chain consisting of a manufacturer and retailer where the manufacturer undertakes greening efforts in terms of pack-size reduction and transportation cost reduction. The retailer decides on shelf-space allocation for the product. Both the players benefit from the g...(Read Full Abstract)


Intraday portfolio risk management using VaR and CVaR:A CGARCH-EVT-Copula approach

The study forecast intraday portfolio VaR and CVaR using high frequency data of three pairs of stock price indices taken from three different markets. For each pair we specify both the marginal models for the individual return series and a joint model for the dependence between the paired series. We...(Read Full Abstract)