Mechanisms to be a Winner in the Indian mutual fund Industry: A Case Study of HDFC AMC

2014 ◽  
Vol 1 (2) ◽  
Author(s):  
Pooja Chaturvedi Sharma ◽  
Anoop Pandey
Keyword(s):  
Asset Management ◽  
Mutual Fund ◽  
Market Mechanisms ◽  
Management Company ◽  
Market Participants ◽  
Company Limited ◽  
Corporate Social ◽  
The Given ◽  
Practical Implications

The Indian mutual fund market is still under penetrated, as even in today’s scenario, most of India’s population prefers to channelise their savings into fixed deposits, real estate, and gold rather than in the capital market. The given case study discusses the practices to be followed by an asset management company (AMC) to spread out its market share. The case is based on the largest AMC in India, according to market capitalization, which is HDFC Asset Management Company Limited. HDFC as an AMC is shouldering its responsibilities quite well and can offer some operational tactics to be followed by other mutual fund market participants. The foundation for its success lies in the basic functionalities of the organisation and its belief in serving investors’ interest and practicing ethical values. We have not come across any earlier studies based on HDFC AMC in consideration of market mechanisms, corporate social activities by the firm, and practical implications for the Indian Mutual Funds Market. Through this case study, we offer some practical implications that could be helpful for other players in the Indian Mutual Fund market.

scholarly journals Performance Evaluation of Mutual Funds in Pakistan

2005 ◽  
Vol 44 (4II) ◽  
pp. 863-876 ◽  
Author(s):  
S M Aamir Shah ◽  
Syed Tahir Hijazi
Keyword(s):  
Mutual Funds ◽  
Asset Management ◽  
Mutual Fund ◽  
General Meeting ◽  
Investment Fund ◽  
Management Company ◽  
Company Limited ◽  
The Government ◽  
Unit Trust ◽  
Public Offering

In Pakistan Mutual Funds were introduced in 1962, when the public offering of National Investment (Unit) Trust (NIT) was introduced which is an open-end mutual fund. In 1966 another fund that is Investment Corporation of Pakistan (ICP) was establishment. ICP subsequently offered a series of closed-end mutual funds. Up to early 1990s, twenty six (26) closed-end ICP mutual funds had been floated by Investment Corporation of Pakistan. After considering the option of restructuring the corporation, government decided to wind up ICP in June, 2000. In 2002, the Government started Privatisation of the Investment Corporation of Pakistan. 25 Out of 26 closed-end funds of ICP were split into two lots. There had been a competitive bidding for the privatisation of funds. Management Right of Lot-A comprising 12 funds was acquired by ABAMCO Limited. Out of these 12, the first 9 funds were merged into a single closed-end fund and that was named as ABAMCO Capital Fund, except 4th ICP mutual fund as the certificate holders of the 4th ICP fund had not approved the scheme of arrangement of Amalgamation into ABAMCO capital fund in their extra ordinary general meeting held on December 20, 2003. The fund has therefore been reorganised as a separate closedend trust and named as ABAMCO Growth Fund. Rest of the three funds were merged into another single and named as ABAMCO Stock Market Fund. So far as the Lot-B is concerned, it comprised of 13 ICP funds, for all of these thirteen funds, the Management Right was acquired by PICIC Asset Management Company Limited. All of these thirteen funds were merged into a single closed-end fund which was named as “PICIC Investment Fund”. Later on the 26th fund of ICP (ICP-SEMF) was also acquired by PICIC Asset Management Company Limited.

scholarly journals Can Corporate Social Strategy Create Shared Value Toward Creative Business? “Volvo Social Strategy Model”

ECONOMICS ◽  
2019 ◽  
Vol 7 (2) ◽  
pp. 109-124
Author(s):  
Ishak Kherchi ◽  
Fellague Mohamed ◽  
Haddou Samira Ahlem
Keyword(s):  
Value Creation ◽  
Single Case ◽  
Shared Value ◽  
Single Case Study ◽  
Social Strategies ◽  
Social Strategy ◽  
Creating Shared Value ◽  
Corporate Social ◽  
Practical Implications

Abstract Purpose: This paper aims to provide corporate social strategies as an entrance to create shared value, in addition to that we aims to provide a theoretical and practical contributions that ground understanding the concept of creating shared value. Design/methodology/approach: The authors analyze a single case study of Volvo corporation. The objective is to evaluate whether the corporate social strategies can yields to a shared value creation. Findings: We found that corporate social strategies followed by Volvo Corporation yields to a shared value creation. Research limitations/implications: This single case study provides an entrance to create shared value; however, more research is needed to find other entrances. Practical implications: The paper has practical implications that relate to the design of shared value model. We provide practical well known strategies that could be apply by corporations to reach shared value creation. Originality/value: A unique view of corporate social strategy and creating shared value concept.

Corporate social responsibility: a case study in the company of urbanization of Curitiba

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ananda Silva Singh ◽  
Eduardo De Carli ◽  
Luiz Aurélio Virtuoso ◽  
Andréa Paula Segatto ◽  
Fernanda Salvador Alves
Keyword(s):  
Corporate Social Responsibility ◽  
Public Schools ◽  
Social Responsibility ◽  
Public Transportation ◽  
Single Case ◽  
Transportation System ◽  
Content Type ◽  
Corporate Social ◽  
Practical Implications

Purpose The purpose of this paper is to analyze the commitment to a corporate social responsibility (CSR) practice developed by Company of Urbanization of Curitiba S/A – URBS, located in Curitiba (Paraná), Brazil. The paper observes the CSR practice developed by the company. Design/methodology/approach A descriptive study that used a qualitative approach was held. The research strategy of the research used consisted of a case study. Data were collected through semi-structured, in-depth interviews, documental analysis and direct observation. These data were further analyzed through the content analysis’ perspective. Findings The organization in question, even without obligation, develops a CSR project that contributes to the formation and awareness of young citizens, comprising ethical, voluntary, economical and legal responsibilities. Research limitations/implications Because of the fact that this is a single case study, the results cannot be generalized, representing only the reality of this case. Practical implications The practical implications of this study lies in the attention toward training of students of public schools, especially in aspects of buses and services usage and care for public equity, factors that even contribute to citizenship and the formation of better people and professionals. This will, in the future, contribute to form citizens that are more aware and who will tend to contribute to adequate usage of the transportation system as a whole, resulting in savings for the organization. Social implications The project analyzed in this study contributes to the formation of better citizens regarding the respect and ethical responsibilities they develop toward the public transportation system. Originality/value This paper demonstrates the commitment to a CSC practice made by a mixed-economy organization that develops this practice to contribute to the formation of citizens of the city. The value of this paper lies in the fact that it shows how CSR practices can be aligned with other practices of organizations, contributing to all stakeholders involved in it.

Communication Professionals’ Sensemaking of CSR: A Case Study of a Financial Services Firm

2020 ◽  
Vol 83 (2) ◽  
pp. 184-203
Author(s):  
Katharine E. Miller ◽  
Jeremy P. Fyke
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Services ◽  
Internal Communication ◽  
External Communication ◽  
Corporate Social ◽  
Practical Implications

This case study explores corporate social responsibility (CSR) through the perspective of communication professionals at a large financial services firm. These employees rely on both external communication through formal reporting as well as informal internal communication to understand CSR activities, and tend to describe CSR by what it means within their organization. We find that communication employees perceive that CSR is obligatory, rarely questioned or explained, labeled as “voluntold,” and mainly employed for good press due to its philanthropic focus. We offer theoretical and practical implications that center on making CSR operational, not additive, and ideas for educators teaching CSR.

CSR Communication in the Digital Age

2019 ◽  
pp. 71-89 ◽  
Author(s):  
Nicholas Nicoli ◽  
Marcos Komodromos
Keyword(s):  
Corporate Social Responsibility ◽  
Digital Age ◽  
Strategic Communication ◽  
Digital Platforms ◽  
Csr Communication ◽  
New Directions ◽  
Corporate Social ◽  
The Relationship ◽  
Practical Implications

The purpose of this chapter is to explore, describe, and offer new directions on corporate social responsibility (CSR) communication in the digital age. CSR communication is in a state of flux as organizations adapt to technological transformations and new communication approaches conducive to the digital age. The chapter draws on current strategic communication trends and CSR communication literature to underline new theoretical and practical implications. The chapter explicates the relationship between CSR, strategic communication, and more recent forms of CSR communication via digital platforms. The Bank of Cyprus is considered as a case study to illustrate how one largely structured organization applies current approaches of CSR communication.

Ideas in conflict: a case study on tensions in the process of preparing sustainability reports

2017 ◽  
Vol 8 (2) ◽  
pp. 166-190 ◽  
Author(s):  
Magnus Frostenson ◽  
Sven Helin
Keyword(s):  
Design Methodology ◽  
Health Sector ◽  
Sustainability Reporting ◽  
Preparation Process ◽  
Content Type ◽  
In The Beginning ◽  
Corporate Social ◽  
A Company ◽  
Practical Implications

Purpose The purpose of this paper is to understand conflicts in sustainability reporting (SR) preparation. Design/methodology/approach In the preparation of SRs, the logic of financial rationality is often assumed to take precedence over the logic of sustainability. Based on an explorative qualitative case study of a large Swedish retailer, the paper problematizes this view. Over a reporting cycle, employees and consultants involved in the preparation process are interviewed. Conflicting ideas about SRs are identified and analyzed through the lens of institutional logics. Findings The study identifies five tensions in SR preparation. These tensions relate to conflicting ideas of what an SR is, how it should be written and how it should be used. Among findings, a conflict of logics can be found as the basis of at least one tension. However, tensions may also emerge within a shared sustainability logic. Research limitations/implications A contribution of the study is that it sets its finger on the actual fieldwork with SRs. The study shows that it is unreasonable to claim that SRs are “self-evidently” captured by management according to financial rationality. Possibly, the nature of the studied firm, a company within the pharmaceutical and health sector, implies a stronger sustainability logic than in other firms. Practical implications According to the study, the results of an SR preparation process are highly dependent on the sometimes conflicting ideas of preparers and others within the company. It is of high importance to identify and clarify such conflicting ideas already in the beginning of the process, to link the SR to the corporate social responsibility strategy of the firm, and to involve top management in the process. Originality/value The study identifies underlying tensions in SR preparation. It also introduces a theoretical framework that makes it possible to analyze tensions in the preparation process.

Internal website presentations of Czech luxury fashion businesses in the COVID-19 era

2021 ◽  
Vol 5 (3) ◽  
pp. 211-222
Author(s):  
Radka MacGregor Pelikanova
Keyword(s):  
Delphi Method ◽  
Meta Analysis ◽  
Theory And Practice ◽  
Marketing Management ◽  
Digital Platforms ◽  
General Attitude ◽  
Scientific Discussion ◽  
Corporate Social ◽  
Practical Implications

This paper summarizes the arguments and counterarguments within the scientific discussion on the issue of tools boosting marketing, management, and innovations via digital platforms, such as internal websites of the top Czech luxury fashion businesses in the COVID-19 era. The main purpose of the research is to perform a case study about how these websites address COVID-19, innovations, sustainability, and corporate social responsibility. Systematization of the scientific sources and approaches for solving the problem indicated that the COVID-19 pandemic has heavily impacted industries that are dispensable and, at the same time, costly. The relevance of this scientific problem's decision matters theory and practice since the COVID-19 crisis is rather a negative challenge than a positive opportunity for businesses, which often ends up paying the ultimate price – falling into bankruptcy. A battery of employed methodological tools includes a simplified Delphi method with data processing by a panel of experts, the meta-analysis and content analysis, and teleological interpretations instruments. The research object is the Summer 2021 version of the internal websites of the top 20 Czech luxury fashion businesses based on their pre-COVID-19 turnover in 2018. The paper presents an empirical analysis based on this case study and juxtaposes it to prior academic findings. The research empirically confirmed and theoretically proved the underplayed potential of the websites of luxury fashion businesses. The research results could be helpful for theory adjustments and have practical implications and offer recommendations for businesses. They lead to propositions about the internal perspective and digital readiness to inform about it and a general attitude to the marketing, management, and innovations during crises.

Application of spaghetti chart for production process streamlining. Case study

2018 ◽  
Vol 2 (89) ◽  
pp. 64-71
Author(s):  
K. Hys ◽  
A. Domagała
Keyword(s):  
Production Process ◽  
Process Design ◽  
Broad Perspective ◽  
Organizational Conditions ◽  
Before And After ◽  
Improvement Measures ◽  
The Given ◽  
Practical Implications ◽  
Limited Dimension

Purpose: Improvement measures are taken unceasingly in organizations in order to optimize the obtained results in each sphere of a company’s functioning. This article presents the results of an improvement process conducted for a welding operation in the given production process. Design/methodology/approach: Taking advantage of the Kaizen approach, the article describes the results of this process and its visualization, which has been conducted with the help of a Spaghetti Chart tool. Findings: Initially, it has demonstrated that the analysis of real pathways of product value creation at the given worksite through application of the mapped-out changes brings about measurable effects. The applied worksite reorganization allowed for a limitation of an employee’s excessive movements at the worksite. In order to conduct a benchmark – both states “before” and “after” the introduction of improvement changes have been juxtaposed. Research limitations/implications: The presented analysis has a temporally and spatially limited dimension - this simultaneously being an impulse to extend research in the future. While conducting an analysis of an operator’s work, the problem must be dealt with in a broad perspective - we conduced type case study, so this is the limitation. Practical implications: The conducted analysis has taken place in real organizational conditions, using the example of a functioning worksite. Working with the “continuous improvement” approach, the instruments for development have been initiated in all spheres and levels of the given organization. Line employees have been motivated by the management to carry out single modernizations at the given worksite, which has influenced their own development. This in turn has stimulated their conscious need for active participation in the process of change. Originality/value: The conducted analysis has taken place in real organizational conditions, using the example of a functioning worksite.

scholarly journals Sustainability governance and legitimisation processes: Gulf of Mexico oil spill

2020 ◽  
Vol 11 (1) ◽  
pp. 253-278 ◽  
Author(s):  
Nader Elsayed ◽  
Sameh Ammar
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Gulf Of Mexico ◽  
Oil Spill ◽  
Content Type ◽  
Responsible Investment ◽  
Sustainability Governance ◽  
Corporate Social ◽  
Practical Implications

Purpose The purpose of this paper is to explore the emergence of sustainability governance through the unfolding hybridisation process between corporate governance and corporate social responsibility and the implications of this for understanding patterns in sustainability reporting over time. Design/methodology/approach The Gulf of Mexico oil spill incident is an extreme case study undertaken to examine its implications on the organisational legitimacy of British Petroleum (BP) and the latter’s response to the incident and beyond. The paper draws on Suchman’s legitimacy framework (1995) to understand sustainability governance as an organisational practice that evolved post the Gulf of Mexico oil spill to manage BP’s legitimacy. It draws on archival records and documentation from 2008 to 2017, as key sources for data collection, using interrogation by NVivo software. Findings Sustainability governance is a sound practice that was socially constructed to manage the re-legitimatisation process following the Gulf of Mexico oil spill. It is characterised by broadness (the interplay between the corporate governance and corporate social responsibility disciplines), dynamic (developing the tactics to repair and maintain legitimacy), agility (conforming to the accountability for socially responsible investment and ensuring steps towards geopolitically responsible investment) and interdependence (reflecting composition and interactions). Practical implications This paper has practical implications for organisations, in terms of sustainability governance’s constitution, mechanism and characteristics. Social implications This paper has implications not only for organisations, in terms of sustainability governance’s characteristics, but also for policy-makers, regulators and accounting education. However, the present paper’s insights are achieved through an in-depth and longitudinal case study. Originality/value This paper has problematized the concept of sustainability governance and elaborated its evolution (the emergence, enactment, deployment and interplay) process. The sustainability governance showed an otherwise organisational response that moves our understanding of the deployment of disclosure for complex organisational change as a way to discredit events.

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