Cutting-edge research by faculty of IIM Bangalore

Faculty members at IIM Bangalore generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general. The knowledge generated by IIMB faculty appears in leading academic journals with high citation index and impact factor. Many textbooks and working papers are written on a regular basis. Research carried out by IIMB is used to augment new courses and executive education programmes.

Economics Letters

Journal Title: Financial market segmentation and choice of exchange rate Regimes.

Abstract

We study the choice of exchange rate regime in a small open economy with segmented asset markets subjected to financial sector shocks. We show that the state-contingent optimal policy facilitates risk sharing between asset market participants and non-participants, and is counter cyclical. Our results establish that contrary to existing literature, flexible exchange rates mimic optimal policy and welfare dominates fixed exchange rates.

Written by,

Vipul Mathur, Indian Institute of Management Bangalore.

Chetan Subramanian, Professor of Economics & Social Sciences, Indian Institute of Management Bangalore.

Read More @ Financial market segmentation and choice of exchange rate Regimes

Cutting-edge research by faculty of IIM Bangalore

Faculty members at IIM Bangalore generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general. The knowledge generated by IIMB faculty appears in leading academic journals with high citation index and impact factor. Many textbooks and working papers are written on a regular basis. Research carried out by IIMB is used to augment new courses and executive education programmes.

European Journal of Operational Research Volume 257, Issue 2, 1 March 2017, Pages 456–467

Journal Title: Production, Manufacturing and Logistics

Services outsourcing under asymmetric cost information

Abstract

In this paper, we investigate the impact of cost heterogeneity on the optimal sourcing strategy of a client firm that outsources her service requirements to a set of outside vendors/service providers. We analyze a typical situation involving service providers, who differ from one another with respect to the marginal cost and characterize the firm’s optimal size of vendor network. In our model, the client firm does not have complete information about the vendors’ cost structure.

From the client firm’s perspective, for the case when the open market demand distribution is Uniform and the buyer’s demand is Normally distributed, we analytically derive the capacity to be procured as well as and the optimal number of vendors to be awarded the contract. Our analysis reveals that with an increase in vendor base cost heterogeneity, the optimum number of required vendors decreases. We further conclude that when the mean demand of the client firm is below a threshold value, then as the client firm’s demand variability increases, the optimal number of vendors increases. Whereas, in case the client firm’s mean demand is above the threshold value, then the optimal size of vendor base decreases as the client firm’s demand variability increases.

 

Written by

B. Mahadevan, Faculty, Indian Institute of Management Bangalore

Jishnu Hazra, Professor of Production & Operations Management, Indian Institute of Management Bangalore.

Tarun Jain, Faculty, Indian Institute of Management Bangalore.

Read More @ Services outsourcing under asymmetric cost information

Cutting-edge research by faculty of IIM Bangalore

Faculty members at IIM Bangalore generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general. The knowledge generated by IIMB faculty appears in leading academic journals with high citation index and impact factor. Many textbooks and working papers are written on a regular basis. Research carried out by IIMB is used to augment new courses and executive education programmes.

The International Journal of Human Resource Management, March 2016

Journal Title: Multi-level gaps: a study of intended, actual and experienced human resource practices in a hypermarket chain in India.

Abstract

Multi-level (Multi-level in this paper refers to three levels- intended, actual and experienced- at which HR practices are theorised in the existing strategic human resource management process research) gaps in human resource (HR) practices have not been extensively investigated in the HR literature. Using a multiple embedded case study design within a multi-unit hypermarket chain in India, we identify ‘Intended-Actual-Experienced’ gaps across nine HR practices in seven retail units. We find that these gaps arise from implementers’ adaptation of HR practices due to different understandings of the intent of HR practices, the importance given to their contents and the processes adopted in their implementation. We propose an inductive model for emergence of multi-level gaps in HR practices. Our model depicts the processes and variables that have the potential to enable or disable adaptation, delivery and experience of HR practices, thus creating gaps between intended and experienced HR practices. This paper highlights the need for further research on HR implementation with particular focus on gaps. It also provides a framework for practitioners to take cognisance of the gaps that could impact implementation and experience of corporate-driven HR practices.

Written by

Vasanthi Srinivasan, Professor of Organizational Behaviour and Human Resource Management, Indian Institute of Management Bangalore.

Sourav Mukherji, Professor of Organizational Behaviour and Human Resource Management, Indian Institute of Management Bangalore.

Ganesh N. Prabhu, Professor of Organizational Behaviour and Human Resource Management, Indian Institute of Management Bangalore.

Read more @ The International Journal of Human Resource Management

Cutting-edge research by faculty of IIM Bangalore

Faculty members at IIM Bangalore generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general. The knowledge generated by IIMB faculty appears in leading academic journals with high citation index and impact factor. Many textbooks and working papers are written on a regular basis. Research carried out by IIMB is used to augment new courses and executive education programmes.

Range Planning Vol. 49, Issue 4, 2016, Pg. 519-539

Journal Title: What Do Compensation Committees on the Boards of Public Companies Do? Comparisons of Indian and U.S. Process Differences Juxtaposing Complementary Theoretical Lenses.

Written by Rejie George, Professor of Strategy, Indian Institute of Management Bangalore

Read more @ What Do Compensation Committees on the Boards of Public Companies Do?

Cutting-edge research by faculty of IIM Bangalore

Faculty members at IIM Bangalore generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general. The knowledge generated by IIMB faculty appears in leading academic journals with high citation index and impact factor. Many textbooks and working papers are written on a regular basis. Research carried out by IIMB is used to augment new courses and executive education programmes.

Journal Name: The Journal of Law and Economics November 2016

Journal Title: Hit Where it Hurts: Cartel Policing Using Targeted Sales Embargos

Abstract

In this paper, we examine a punishment strategy employed by a large cartel to police its members. The cartel punishes its defectors in a key product or regional market where it hurts them the most, not necessarily in the market where the defection has occurred. Cartels can leverage this targeted punishment strategy to induce good behavior across multiple, distant markets. We find evidence consistent with these ideas in examining several episodes of punishment imposed by the association of traders in India on select pharmaceutical firms. Such punishments result in private costs for defecting firms and social costs for consumers in India. Our results support the theoretical view that growing buyer power in conjunction with vertical restraints facilitates collusion.

Read More @ Hit Where it Hurts: Cartel Policing Using Targeted Sales Embargos

Cutting-edge research by faculty of IIM Bangalore

Faculty members at IIM Bangalore generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general. The knowledge generated by IIMB faculty appears in leading academic journals with high citation index and impact factor. Many textbooks and working papers are written on a regular basis. Research carried out by IIMB is used to augment new courses and executive education programmes.

Journal Name: Journal of Economic Theory Vol. 165, September 2016, Pg: 565-600

Journal Title: Social learning and delay in a dynamic model of price competition

Abstract

This paper studies dynamic price competition between two firms selling differentiated durable goods to two buyers whose valuations of the two goods depend on their own private type as well as that of the other buyer. We derive a key intertemporal property of the equilibrium prices and construct an equilibrium based on this property. We show that social learning reduces the equilibrium prices in the sense that when the buyers are more interdependent and hence have a stronger incentive to wait and see, the firms respond by lowering their period 1 prices. Interestingly, we find that this response by the firms along with the intertemporal property of the equilibrium prices implies that buyers delay their decisions less often when they become more interdependent.

Journal Written by Manaswini Bhalla, Economics and Social Science, Indian Institute of Management Bangalore

Read more @ Social learning and delay in a dynamic model of price competition

Cutting-edge research by faculty of IIM Bangalore

Faculty members at IIM Bangalore generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general. The knowledge generated by IIMB faculty appears in leading academic journals with high citation index and impact factor. Many textbooks and working papers are written on a regular basis. Research carried out by IIMB is used to augment new courses and executive education programmes.

Journal Name: MIS Quarterly Vol. 40, Issue 2, 2016, Pg. 431-445

Journal Title: The Evolution of an ICT Platform-Enabled Ecosystem for Poverty Alleviation: The Case of eKutir

Abstract

This paper analyzes the pioneering work of eKutir, a social business in India that leverages an information and communication technology (ICT) platform to progressively build a self-sustaining ecosystem to address multiple facets of smallholder farmer poverty. The study reveals that eKutir’s ecosystem has evolved through five distinct phases, each expanding the number and type of actors engaged and the breadth of ICT-supported services provided. The evolution displays a distinct pattern where the five elements of the ecosystem progressively evolve and reinforce one another to create a system that is economically sustainable, scalable, and can accelerate transformative change. The study has important implications for the design of emergent ICT platforms, which can enable an ecosystem-based approach to address complex problems.

Journal Written by Srivardhini K. Jha, Faculty, Indian Institute of Management Bangalore.

Read more @ The Evolution of an ICT Platform-Enabled Ecosystem for Poverty Alleviation: The Case of eKutir