Indian Journal of Commerce and Management Studies

Effectiveness of green entrepreneurship practices in driving the growth of Indian small and medium-sized enterprises

2024-01-30T13:54:46+00:00

Purpose: The present study investigates the effectiveness of green entrepreneurship practices in shaping the growth trajectory of small and medium-sized enterprise (SMEs) in India. The present study intends to evaluate the green entrepreneurship practices adopted by Indian SMEs and its impact on the performance of the organizations. Problem: The current research work explores the awareness and implementation of eco-friendly initiatives, the demographic profiles of participants, and the relationship between green entrepreneurship factors and organizational performance. Methodology: This cross-sectional survey used a survey instrument and 60 SMEs participated in the survey. Before the full-scale survey, a pilot test with a small group of SME representatives was conducted to ensure the questionnaire’s clarity and relevance. Findings: The study findings indicate a notable level of awareness and dedication to green activities among SMEs, with a substantial percentage holding green certifications. While a positive correlation exists between green cognition, entrepreneurial culture, entrepreneurship education, and organizational performance, financial support demonstrates a weak association. Recommendations: Recommendations include enhancing awareness of government incentives, promoting green entrepreneurship education, and fostering collaboration among SMEs and certification bodies. These insights provide valuable guidance for policymakers, industry stakeholders, and SMEs aiming to integrate sustainable practices into their operations for long-term growth and environmental stewardship.

Role of entrepreneurship in bringing social change: A comparative analysis between Maharashtra and Bihar

2024-01-30T14:11:56+00:00

Purpose: The current study intends to analyze the impact of entrepreneurship on social change in two Indian states such as Maharashtra and Bihar. Entrepreneurship is often identified with capitalism while the current study analyzes its impact on society through the available data. The current study is a first of its kind in this aspect as the studies conducted earlier focused on the economic aspects of the state. Methodology: The current review analyzes the secondary information collected from various government reports of the state and the union, research papers, theses, web articles, and books published earlier. This narrative review article intends to identify the role played by entrepreneurship on social change in these two states. Findings: The study findings provide knowledgeable insights about the role played by entrepreneurship in the state of Maharashtra, the second-highest industrialized state in the country and top contributor of the Indian economy for more than a decade. Bihar, being one of the lowest performers in terms of economic indicators, the state is also suffering from social indicators that have been exposed by the data. Implications: The study provides a bird’s eye view of the socio-economic aspects of both states and provides recommendations for the state of Bihar to improve the existing performance. Originality: The study is a novel attempt to analyze how entrepreneurship positively affects the social structure of the state.

Corporate Governance Practices in South Asia: A Comparative Study of India and Nepal

2024-01-30T14:15:06+00:00

Purpose: The present study examines on the corporate governance (CG) practices prevalent in India and Nepal, as Corporate Governance emphasizes on fairness, transparency, accountability and responsibility.. The present study is an attempt to add value to this domain since no previous study comparing the CG practices in these countries was so far. Problem: India and Nepal had their own share of financial crises and problems besetting the trust of investors while the former took several measures to instil trust among the stakeholders, shareholders, regulatory bodies and the public. Nepal, on the other hand, has taken initiatives in the late 2010s and is expected to fulfil the intended objectives. The present study compares and contrasts the CG practices in these two countries. Methodology: The present study is a narrative review that encompasses data from the published articles, government data, external affairs ministry, standard organizations, books, research papers etc. Further, the present study also theoretically analyses the gap and provides suggestions to the policy makers. Findings: From the theoretical analyses, it can be inferred that although both countries experienced with financial scandals, India has been a forerunner in installing CG practices widely and gained edge compared to Nepal. On the other hand, Nepal has taken the necessary initiatives to move forward in the corporate ladder with its manpower, closeness to India both geographically and politically, and vibrant economy. Originality: The present study is a first of its kind attempt to compare the corporate governance practices between India and Nepal while the future studies should focus on CG practices in all SAARC countries as well.