Informatics Publishing Limited

Leena B. Dam ¹

Affiliations
1 Global Business School and Research Center, Pune, IN

Abstract

Insurance serves the dual role of savings and investment. Life insurance, primarily, is a tool to mitigate the financial risk arising because of the death of the insured. The capital pool arising from collection of life insurance premium is deployed in numerous nation-building activities which enhance economic growth. The BRIC nations with a combined population of around 3 billion are a prosperous market for life insurance business. All BRIC nations having already liberalized their insurance industry, there is a level playing field for both public and private industries. In the world market, the scope for expansion has reduced in the more matured economies. Hence, global insurance companies are concentrating attention in the emerging markets. In all these markets, life insurance sector represents a vibrant market, which is strongly expanding and establishing itself as a significant contributor of economic growth. India does not find a place in the top ten countries with her life insurance business.

Keywords

Life Insurance, Insurance Density, Insurance Penetration, Economic Growth.

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Leena B. Dam ¹, Sudhir Daphtardar ¹

Affiliations
1 Indira Institute of Management, Pune, IN

Abstract

The hectic job demands have made it indispensable for working people to strike the right chord between work and life. In the present times, the pressure of work is insurmountable even in the educational sector. The women Faculty members find it extremely difficult to discharge the myriad dimensions of work and life effectively. This leaves no space to pursue self fulfilling interests and everyday is a scuffle juggling between multitude of work in the professional arena and home front. This paper makes an attempt to study the work-life balance of women Faculty members - whether it exists or otherwise. The study is made from the four life quadrants comprising work life balance: Work, Family, Friends and Self. The overall job satisfaction and work related stress level is also studied with reference to work-life balance. The study reveals that a significant category of the respondents find it difficult to balance work and life. The stress level at work is high which causes a chain effect (ill health, depression, fatigue) in personal life.

Keywords

Work-Life Balance, Work, Family, Friends and Self.

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Leena B. Dam ¹, Malti Hotwani ¹

Affiliations
1 Global Business School and Research Centre, Dr. D. Y. Patil Vidyapeeth, Pune–411 033, Maharashtra, IN

Abstract

Financial literacy is an ability to read numbers and understand financial statement which allows individual to identity the strength and weakness of investment. It is majorly used in connection with personal finance matters and often entails the knowledge of accurate decisions pertaining to matters related to personal finance. After extensive literature review it was found that there exists a need for developing a scale on financial literacy including various dimensions of financial planning, financial products, awareness and internalising the need for financial planning. The objective aim of this paper is to conceptualize, purify, refine and develop the multi-item scale of Financial Literacy. The study attempts to develop a scale by following a four-stage approach: defining the construct, item generation and refining, data collection and purification through exploratory factor analysis. The scale was tested and found to be highly reliable with five factors of financial literacy, viz. investment planning, financial planning, retirement planning, mutual funds and risk and return with 25 variables in total.

Keywords

Diversification, Financial Knowledge, Financial Literacy, Individual Investor, Scale Development.

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DHSW Dissanayake ¹, Leena B. Dam ², Srikanth Potharla ³, Sanjay J. Bhayani ⁴

Affiliations
1 Senior Lecturer, Department of Accountancy, Faculty of Business Studies and Finance, Wayamba University of Sri Lanka, LK
2 Professor, Balaji Institute of Management & HRD, Sri Balaji University, Pune, Maharashtra, IN
3 Assistant Professor, Department of Finance and Accounting, ICFAI Business School (IBS) (A Constituent of IFHE, Deemed to be University), Hyderabad, Telangana, IN
4 Professor and Head, Department of Business Management, Saurashtra University, Rajkot, Gujarat, IN

Abstract

In recent years, bibliometric analysis as a field of study has captured researchers’ interest worldwide. Bibliometric analysis enables one to have data about a particular field of research in one place. In this paper, the authors have attempted to capture insights on the study of bibliometric analysis of corporate governance in BRICS economies. For all companies, and most prominently the publicly traded companies, reliance to the ethos of good corporate governance helps enhance the value of the companies. Corporate governance is an umbrella term indicating all possible areas of best practice to elevate the performance of the companies. BRICS economies have their own set of similarities as well as differences. Bibliometric analysis of corporate governance research is elaborately studied in the context of European and other developed economies. As this kind of study has not been done with reference to the BRICS economies, we had the motivation to conduct this study. From the Scopus database, meta data has been collected for this study. In this study, we reviewed 3,596 research publications during the last three decades, between 1991 and 2020. The increasing trend of publications is observed in corporate governance in BRICS countries using the longitudinal data. Researchers from China rule the chart on the quantum of research done in the field of corporate governance among the BRICS economies. Meta data for ten years is analysed using Biblioshiny and Vosviewer. Using a thematic map, the study of 3,596 documents were divided into four time zones, i.e., 1991-2011 (976 documents), 2011-2014 (612 documents), 2014-2017 (792 documents), and 2017-2020 (1,296 documents). The key themes which emerged were governance and ownership structure (1991 to 2011); stakeholders, corporate social responsibility, and internationalisation (2011-2014); privatisation and investor protection (2014-2017); and audit committee, independent directors, and corporate governance (2017-2020).

Keywords

Corporate Governance, Bibliometric Analysis, Keyword Analysis, Thematic Maps, Citation and Co-Citation Analysis, BRICS

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