Multidisciplinary Journal for Education, Social and Technological Sciences Vol. 06, Núm. 2 (2019)
https://riunet.upv.es:443/handle/10251/127674
2024-03-29T01:19:50ZAn assessment of Information disclosures by Pharmaceutical Industry: Evidence from India
https://riunet.upv.es:443/handle/10251/127682
An assessment of Information disclosures by Pharmaceutical Industry: Evidence from India
Khanna, Rupali; Chahal, Bhupinder Pal Singh
[EN] The information disclosed by the companies in their annual reports reveals much about company’s performance and prospects. Investors take the information as base for decision for investment. Under such circumstance, companies choose to disclose beyond what is mandatorily required. Theories like agency theory, capital need theory and signaling theory support the need of voluntary disclosure. This study is about investigating the extent of Voluntary disclosure in pharmaceutical sector of India which is 3rd in World in terms of Volume of Trade.Objective: To investigate the extent of voluntary disclosure practices prevailing in pharma sector of India, for the year 2010-11 to 2017-18.Significance of the study: This study aims to explore the corporate aspect of pharmaceutical sector. Any growing avenue is a potential opportunity for investors looking for parking their money to get adequate returns. Thus, Indian Pharma sector has come up in flying colors as an avenue for investors to place their money owing to its 100% FDI . Investors have been looking for more and more information from this sector to ensure the safety of funds. Thus the extent of disclosures is worth studying to place a suggestion for the policymakers to introduce the changes in the present set of disclosure practices in pharmaceutical sector.Research Methodology: To understand the extent of voluntary disclosure, a disclosure checklist is constructed and descriptive statistics are carved out to reach the results. The checklist consists of 55 items which are not mandatory by law. The checklist is based on dichotomous scale of ‘1’ and ‘0’ representing presence and absence of the checklist item respectively. The cross sectional analysis is carried out to investigate the year wise and company wise disclosure for eight years.Findings: Though the study observes an increasing trends in the disclosure scores, but the findings are alarming to state that the highest score attained by any company throughout the period of 8 years was 37 (out of 55) not even meeting 80% of the total checklist score. This shows that pharmaceutical sector is not so friendly at disclosures. The probable reasons for such startling results are discussed in the study.
2019-10-08T07:43:21ZThe Power of Ethics: Rethinking Leadership Roles at Workplaces
https://riunet.upv.es:443/handle/10251/127680
The Power of Ethics: Rethinking Leadership Roles at Workplaces
Tripathy, Mitashree
[EN] In the past leadership roles at workplaces looked only into bringing profits to organizations, compete with each other and create a brand image come what may. The emergence of incorporating moral and ethical codes developed when both employees and leaders of organizations big and small got involved into unethical practices which lead to tremendous loss in business and involved legal cases. Not only the reputation of such companies got tarnished but gradually they started losing their authenticity in the business world. Surprisingly, moral codes and ethical standards always existed in the organizations’ policies but their relevance was recognised only in the twenty first century when business organizations began to merge and expand worldwide because of globalization and the system changed forever. Organizations today simply cannot compromise with unethical practices and values. Today, organizations believe that good leadership is not merely competing, bringing profits and creating image but also transforming workplaces and bringing changes in the lives of people through ethics. Studies reveal that the integration of ethics within leadership roles can bring significant benefits at workplaces. Morally upright leaders foster good business, encourage excellent task performance, make powerful decisions and nurture corporate vision. This paper studies the relevance of blending leadership with ethics with a purpose to fetch substantial impact at workplaces.
2019-10-08T07:39:41ZSo Similar and Yet So Different: Reasons for Online Purchasing, a Comparative Research in Colombia and Mexico Using Nonparametric Association Tests
https://riunet.upv.es:443/handle/10251/127679
So Similar and Yet So Different: Reasons for Online Purchasing, a Comparative Research in Colombia and Mexico Using Nonparametric Association Tests
Rentería-García, Juan Carlos; Sabogal-Salamanca, Mauricio; Mayett-Moreno, Yesica
[EN] The reasons for buying online have occupied the literature of consumer behavior on the Internet for quite some time. Different theories seek to understand the relationships between different variables of purchasing behavior using this channel. However, the literature has not been sufficiently focused on making comparative analysis between countries, especially between emerging and Latin American countries. For this reason, a comparative study that seeks to understand differences between the reasons to purchase online by country. In 2017, we did survey 552 students, professors and administrative staff in two universities: one in Bogotá, Colombia, and one in Puebla, México using a convenience sampling. We designed a semi-structured questionnaire of 7 items, mostly categorical. Using nonparametric association tests, we discovered that in five of the six questions that are carried out there are significant statistical differences for the two countries such as why they buy in internet, payment methods, shipment, and why they would not buy in the internet . The implications for marketing for those companies interested in penetrating or improving their participation in these markets, is that they should be aware of their differences and use, depending on the country, adapted strategies.
2019-10-08T07:35:07ZCan we improve academic performance and student satisfaction without additional time cost for teachers? Evidence from a blended methodology in Microeconomics
https://riunet.upv.es:443/handle/10251/127677
Can we improve academic performance and student satisfaction without additional time cost for teachers? Evidence from a blended methodology in Microeconomics
Erdmann, Anett; Torres Marín, Alfonso Jesús
[EN] Purpose: The main goal of this paper is to determine if the use of a blended methodology can improve performance and satisfaction of the students, with no additional time cost for teachers. As a second objective, the article attempts to explain observed differences across students in the effect of the methodology on study time based on the theory of optimal decision making. Finally, we sketch a simple cost benefit analysis for the digital learning platform (DLP) used.Design: The teachers combined the traditional classes methodology with the adoption of a DLP in two courses of Microeconomics at an undergraduate level at ESIC Business & Marketing School. Subsequently it is analyzed the impact of this methodology on student satisfaction and performance, as well as on student’s study time using different analytical tools.Findings: students’ grades, at the final exam, increased in a significative way as they spent more time with the DLP and/or when they do more digital assignments at home. Their satisfaction with the blended methodology, and the use of the DLP was quite high for most of students. Their feedback on working time relative to traditional methods showed two extremes, either studying much more or much less. We provide a theoretical explanation for this observation, based on Microeconomic theory. A cost-benefit analysis of the DLP tool at an institutional level suggests that its economic costs are more than justified by the economic benefits of the tool in terms of student’s satisfaction, brand reputation and teachers time saving.Contribution: This document provides a methodology to measure the benefits of an innovative learning methodology using relevant indicators and employing advanced statistical techniques as regression analysis. It also helps us to understand student’s behavior in the face of an educational innovation based on technology. The findings are in line with economic theory.
2019-10-08T07:26:43ZThe Impact of the Great Depression in Ecuador
https://riunet.upv.es:443/handle/10251/127676
The Impact of the Great Depression in Ecuador
Naranjo Navas, Cristian Paúl; Naranjo Navas, Andrés David; Navas Labanda, Alegría Cumandá
[EN] This investigation started with an inquiry: did the Great Depression impact Latin America similarly? Does the case of Ecuador represent a point of dissimilarity? Ecuador does represent an atypical case in the region. The data presented in this study shows that the impact of the Great Depression in Latin America was uneven: while the region declined sharply from 1929 to 1932, and since 1933 it registers signs of accelerated growth, Ecuador remained stagnant throughout the decade studied.However, the development of some macroeconomic data are similar in the entire region because of the close commercial links with the United States of America. The evolution of foreign trade and public finances were similar: a profound reduction until 1932-1933, and then a quick recovery.Finally, the Great Depression represents a break point in Latin American: the growth of the region passes from depending on the external trade to a development that focused on the ingrowth.
2019-10-08T07:22:21ZCharacterization and assessment of composite materials via inverse finite element modeling
https://riunet.upv.es:443/handle/10251/127675
Characterization and assessment of composite materials via inverse finite element modeling
Llopis Albert, Carlos; Rubio Montoya, Francisco José; Valero Chuliá, Francisco José
[EN] Characterizing mechanical properties play a major role in several fields such as biomedical and manufacturing sectors. In this study, a stochastic inverse model is combined with a finite element (FE) approach to infer full-field mechanical properties from scarce experimental data. This is achieved by means of non-linear combinations of material property realizations, with a certain spatial structure, for constraining stochastic simulations to data within a non-multiGaussian framework. This approach can be applied to the design of highly heterogenous materials, the uncertainty assessment of unknown mechanical properties or to provide accurate medical diagnosis of hard and soft tissues. The developed methodology has been successfully applied to a complex case study.
2019-10-08T07:16:27Z