Working Papers


Paper Code:WPS/2015-16/FN/01
Name of Faculty : Prof. Anil Kshatriya
Paper Title : A study on adoption of Activity Based Costing in India'.
Abstract: Indian firms predominantly use traditional costing systems like absorption costing and standard costing for performance management despite of advancement in information technology systems and decision support systems. This has resulted into inaccurate reporting of costs to management and thereby has resulted in gaps in managerial control especially with respect to control measures designed using financial parameters. As an alternative, modern costing system of Activity Based Costing (ABC) provides a definite solution to this problem of inaccurate cost management. ABC has been successfully adopted by many multinational companies across the globe. In last 20 years there has been a very slow progress in adoption of ABC in India. The rationale of this study is to identify reasons for barriers to adoption of ABC. This research will explore areas of concerns for Indian firms in their approach towards ABC as an organizational performance management tool. The significance of the study can be stated as it will bring out problems and prospects of adopting ABC in Indian context. This should help companies in gaining knowledge about key factors that decide success of new costing system and the contributions it can make to the management control systems adopted by the companies. Read More..

Paper Code:WPS/2014-15/GM/010
Name of Faculty :Dr. Rajnandan Patnaik
Paper Title : Union Carbide at Bhopal: Ethically Stupid?
Abstract: 1984 was perhaps a bad year for India, with the assassination of Prime Minister Indira Gandhi and then the Bhopal Gas plant disaster happened. It happened in the late night of 2nd December 1984, when around midnight in the Union Carbide plant in Bhopal, the tank that stored the toxic Methyl Isocyanate (MIC) became unstable. Five minutes past midnight, on 3rd December 1984, about 25 tons of the deadly gas leaked into the cold night atmosphere forming a toxic cloud that floated across the city of Bhopal, killing men, animals and birds that came along its way. The aftermath was that about 2500 people were killed, about a 200,000 affected and a large number of cattle died, going by the conservative estimates. This was the worst Industrial disaster, unprecedented and Bhopal overnight became a synonym for Industrial disaster. The Union Carbide India Limited (UCIL) plant in Bhopal was a joint-venture between Union Carbide Corporation (UCC) of United States, the Government of India and some private Indian companies. At the time of the gas disaster, UCIL posted revenues crossing Rs 2 billion and was ranked 21st largest size company operating in India. Read More..

Paper Code:WPS/2014-15/OPS/13
Name of Faculty :Dr. Jitendra Sharma
Paper Title : Linking voice of industry recruiters with B-Schools' Service Operations using Q-Sort Technique through Quality Function Deployment
Abstract: Customer needs are the most important input for designing of any product or service in today's scenario. In this context, B-Schools have to be one-step ahead of the industries' expectations and meeting these expectations requires the expectations be understood. In this paper, authors have attempted to link Voice of Industry-Recruiters to business education process using Q-Sort technique in QFD for complete industry satisfaction. The paper discusses the collection of industries' voice and their development into structured, evaluated and quantified requirements through Q-sort technique.

Paper Code:WPS/2014-15/OPS/12
Name of Faculty :Tinu Agrawal
Paper Title : Quality Function Deployment in Higher Education: A Literature Review
Abstract: Quality has always been a key concern for product and service operations. Decades have been spent in research for quality measurement and enhancement techniques. Various models have time and again been proposed by researchers around the globe. Inspite of the constant rigor in the study of this concept, very few tools devised and defined by researchers and academicians have been successfully put to practice. The underlying phenomena in service quality measurement are indeed complex to understand, interpret and measure. Through this paper the authors intend to present the developments of one such quality tool which has the ability to generate creative and novel solutions is Quality Function Deployment (QFD). This paper presents a detailed literature review on the topic and application of QFD in higher education. This literature review is based on publications and web sources.

Paper Code:WPS/2014-15/ECO/11
Name of Faculty :Dr. Gajavelli V S
Paper Title :Common pool resources and collective action in economic development: an empirical study from India
Abstract: The purpose of this paper is to evaluate the common property (CP) institutions and their management systems in the context of rural land and water resources. In this empirical work an attempt is made to examine the traditional CP institutional arrangements and their role in sustaining the local social security arrangements and the livelihood. For the local communities, the neighborhood, and the households, CPRs take on a different significance and complexity. The common property resources (CPRs) and forest produce are particularly pertinent to the poorer households, especially for women and children. The role of CPRs in their day-to-day livelihood changes by season and year. In the dry season, when the crop lands shrink under the sun, the local forests and grass lands provide food and fodder. Especially during drought and famine years, common resources become critically important. Edible fruits, roots and flowers are utilized during droughts and famines by the destitute and starving poor. Due to variety of roles that CPRs play in the rural as well as tribal households, an attempt was made to examine its significance of the CP institutions in sustaining the local social security arrangements, livelihood and the social organization. Read More..

Paper Code:WPS/2013-14/FN/010
Name of Faculty :Dr. Kulbir Singh
Paper Title :Debt Structure of Indian Firms: Heterogeneity, Specialization and Evolution
Abstract: Capital structure puzzle - how capital structure of a firm is determined, is one of the most hotly contested issues in corporate finance. Many studies have been carried out recently in Indian context too to study this issue - across various industries: Madan (2007) hotel industry, Narayan, Brahmbatt, and Singh (2012) infrastructure companies, Azhagaiah and Gavoury (2011) IT industry, and in general: Bhaduri and Majumdar (2005), and many more. However, all these studies has treated debt as uniform. The firms in the real world have debt heterogeneity - they employ various types of debt instruments both for long-term and short-term purposes in their debt structure. A large body of theoretical research too recognizes the debt heterogeneity -Diamond (1991), (1993); Faulkender and Peterson (2006); Park (2000), etc. Read More..

Paper Code:WPS/2013-14/GM/009
Name of Faculty : Dr. Rajnandan Patnaik
Paper Title :Impediments Drive Strategic Planning: A Review of India's 5-Year Plans
Abstract: Planning is an exercise to visualize or anticipate or project the future . and act accordingly (Terry 1953; Allen 1958, 1973; Earl Strong 1965). Hence, visualizing the future and making adequate provisions to deal with the same can be termed as Planning. On the other hand, Planning is an intellectual process, the conscious determination of course of action, the basing of decisions on purpose, facts and considered estimates (Koontz, Harold & O'Donnell, 1986), such as need based objectives. Planning involves decision making through alternative courses of action, with a view to implement the same in future to synchronize with the changing environment. Should plans exist to show directions and not prophesize by rigidly fixing unalterable boundaries for any action in future? Future remains unpredictable and planning remains an effective way to meet the same in an efficient manner. However, it is seen that planning sometimes misses its mark completely. The reason for this radical miss is explained through the complexity of the elements that affect the whole planning process. The planning process, after the cerebral stage asks for an approach to form an action-plan necessary for implementation. Read More..

Paper Code:WPS/2013-14/GM/008
Name of Faculty : Dr. Rajnandan Patnaik
Paper Title : Organizational Inertia at Xerox
Abstract:Strategy involves creating plans through alternative courses of action, with a view to implementing it in future, so as to be able to synchronise with the changing environment. Strategy can give results only after it is followed with considerable consistency. In other words, a strategy needs to be complied with for a reasonable time, in order to get desired results. A corporate strategy considers this long term perspective and configures the actions to achieve the desired objectives. Sometimes, it is seen that strategy, in reacting to the short term needs, misses its long term objectives; and one wonders why the company exits at all. At other times, when a company focuses on the long term goals and misses its short term obligations, it threatens its own existence. In both cases, the need for a strategic change becomes imperative. Read More..

Paper Code:WPS/2013-14/GM/007
Name of Faculty : Dr. Rajnandan Patnaik
Paper Title : Sleeping with the Enemy: Underage Cigarette Smoking
Abstract: Cigarette smoking amongst youth, till some time ago, was seen to be on the rise. This was marked significantly by peer pressure, which almost forced the young to take up smoking. With the risky behaviour of the sometimes less-informed, but mostly reckless youth, inevitably came the responsibility of their custodians - the elders, the society, the government, and even the companies that manufacture and sell cigarettes - who sought to protect their youth from the harmful effects of smoking. Interestingly, cigarette manufacturing companies seem to come out proactively and address the issue of underage smoking through cessation. This is counterintuitive as the cigarette companies are deliberately killing a potential growth segment of their market. To curb underage smoking, the government is making cigarette smoking illegal for individuals below 18 years of age. Adding to this, the stricter Foods and Drugs Administration (FDA, US) norms, the smoking prevention acts, the tobacco settlement agreements, and so on, are restricting underage cigarette smoking. Read More..

Paper Code: WPS/2013-14/HROB/005
Name of Faculty :Dr. Narendra Y Phadnis
Paper Title : 'Apprentice Vs Workman' under Industrial Employment Laws in India Critique & Remedial Measures.
Abstract:One of the key indicators of healthy Industrial Relations (IR) or Employee Relations (ER) is absence of disputes or grievances between two major partners in Industry i.e. Labour & Management. Cordial, smooth, peaceful and harmonious Industrial Relations (IR) in turn is one of the most vital prerequisite for the success of an industry contributing towards the growth of an economy & national prosperity. The issue relating to legal status of an employee in an industrial organization is an important determinant indicating the state of industrial relations in an organization. The legal status of human resource in an industrial organization i.e. Whether an employee is a workman or a trainee workman (i.e. an apprentice) is a very crucial aspect and a sensitive issue in managing people and in particular handling employee relations in an organization and hence is an important facet of human resource management since it has legal & other HR-IR implications. The subject matter of this research paper is one such areas having bearing upon the IR/ER in an industry. Read More..

Paper Code: WPS/2013-14/HROB/004
Name of Student :Moujesh Agrawal
Paper Title :Organizational identification in executives of a steel company in central India
Abstract: Organizational identification is a psychological construct that links the employees with their organization when they identify with beliefs, values and principles practiced by the organization. The construct Organizational identification is gaining importance in organizations to predict employee behavior and intentions. Through this paper a study of organizational identification of executives of a steel company in central India has been presented. The study was conducted across three variables-age, designation of executives and their experience in the current organization. A brief literature review on organizational identification has also been presented. Read More..

Paper Code: WPS/2013-14/HROB/003
Name of Faculty :Vikramaditya Ekkirala
Paper Title : Transformational and Transactional leadership in the Indian Context
Abstract: This study examines the dimensionality of transformational and transactional leadership posited by Bass [1] and their role in explaining select outcome variables and employee attitudes in the Indian context. Data was collected from a sample of 255 employees from a large multinational organization in India, using Multifactor leadership Questionnaire (MLQ 5x) [2] [3]. Results show that transformational and transactional leadership are linked with extra effort, effectiveness of the leader, satisfaction with the leader and turnover intentions. Results of hierarchical regression analysis reveal that significant proportion of extra variance in outcome variables is explained only by transformational leadership. This study finds support for two-factor Active-Passive model of leadership and provides an empirical support to the transformational and transactional leadership model in the Indian context. Read More..

Paper Code: WPS/2013-14/HROB/002
Name of Faculty :Vikramaditya Ekkirala
Paper Title : The Role of Transformational and Transactional Leadership in Contextual Performance
Abstract: Transformational and transactional leadership have been investigated in scores of studies. The value of task performance has long been emphasized but in recent times increasing attention is invested on discretionary and interpersonally oriented job behaviours referred to as contextual performance. This study examines the role of transformational and transactional leadership in contextual performance: Interpersonal facilitation and job dedication. Data was collected from 138 leader-follower dyads from multinational organizations in India. Results indicate that transactional leadership explains job dedication better than transformational leadership. The ignored aspect of transactional leadership is discussed suggesting its efficacy in certain cases. Implications for theory and practice of leadership and contextual performance are discussed, and future research directions offered. Read More..

Paper Code: WPS/2013-14/IT/001
Name of Faculty :Rabindra ku Jena
Paper Title : An Efficient Node Placement Approach for WSN Using Artificial Bee Colony Algorithm
Abstract: The recent popularity of applications based on wireless sensor networks (WSN) provides a strong motivation for pursuing research in different dimension of WSN. Node placement is an important task in wireless sensor network and is a multi-objective combinatorial problem. A novel multi-objective ABC (Artificial Bee Colony) algorithm based framework has been proposed in this paper. The framework optimizes the operational modes of the sensor nodes along with clustering schemes and transmission signal strengths.