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Rosario, Shireen
- Relevance of Pricing Floor for Gypsum-A Case Study of Oman
Authors
1 Lecturer, Department of Accounting and Finance, College of Commerce and Business Administration, Dhofar University, PB 509, Salalah-211, OM
2 General Manager, Al Haq Trading LLC, PB 647, Salalah - 211, OM
Source
Asian Journal of Management, Vol 9, No 2 (2018), Pagination: 885-890Abstract
As in the case of any other mineral, the prices of gypsum also are prone to fluctuations in the short as well as long run. These fluctuations, if long drawn, can severely affect the operating margins of the raw gypsum exporting firms.
The Government of Oman introduced wef January 2017, a price floor of US$ 12.50 per ton of raw gypsum exported out of the country. By analyzing the reasons for the downward slide in the pricing of gypsum in Oman for the period 2010 to 2016 and with the help of break even analysis, this paper tries to find the relevance of the pricing floor introduced by the government to the local raw gypsum industry.
It is observed from the study that the price of raw gypsum exported out of Oman has been coming down over the years. The rise in production of raw gypsum in Oman, the increase of the number of mining companies in the trade and rise in the export of gypsum from The Islamic Republic of Iran have contributed to this fall in the prices. It is also observed that, with the introduction of price floor in Oman, the local exporters of raw gypsum would be in a position to achieve operating profits, which was becoming increasingly difficult with the falling prices.
The study will be useful to the gypsum mining companies in Oman to clearly appreciate the reasons for the downward slide of gypsum prices. Public Authority for Mining in Oman may refer to this in framing rules and regulations. The paper would give an overview to the financial institutions who support the gypsum industry in short/long term funding. Government Agencies like the Ministry of Finance may look at this in formulating the future course of action regarding the commerce and industry in Oman.
Keywords
Pricing, Mining, Competition, Break-Even Point, Operating Margin, FOB Basis.
- Impact of Economic Policy Uncertainity on Key Economic Indicators of India
Authors
1 Department of Accounting, College of Commerce and Business Administration, Dhofar University, OM
Source
Management Dynamics, Vol 20, No 1 (2020), Pagination: 26-38Abstract
Purpose: With the help of the newly developed Economic Policy Uncertainty (EPU) index, this paper attempts to find the influence if any, of the EPU on stock markets and certain key economic indicators in India.
Methodology /Approach: The focus is on the influence of EPU on the stock markets, industrial production, new capital issues, exports and bank credit to commercial sector. Monthly data of economic indicators is collected for 66 months from January 2014 and tested with OLS and Quantile regression.
Findings: It is observed that stock market, Industrial Production, new capital issues and bank credit are negatively related to EPU. Also, that impact of EPU is more on higher quantiles.
Limitations / Implications: The study examines and proves the overall impact of EPU on selected economic indicators and the impact at different quartiles. This opens up vistas for further exploration of the findings to prove / disprove the same in other economic indicators and against certain specific events that spur the EPU index.
Practical Implications: The paper has strong theoretical foundations. The methodology adopted has been research tested. There is a need to look at the EPU index closely and frequently to feel the pulse of the EPU and how it affects the economy.
Originality Value: This is one of the attempts to evaluate the behavior of EPU and its implication on certain economic indicators. As EPU index is newly developed, this paper adds to the existing literature, especially in the Indian context.
Keywords
Economic, Financial, Policy, Uncertainty, Indicators.Full Text
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- A Study of Value – Added Efficiency in the Indian Banks
Authors
1 Lecturer, CCBA, Dhofar University, PB 2509, Salalah 211, OM
2 Assistant Professor, Department of Management Studies, Faculty of Management & Commerce MS Ramaiah University of Applied Sciences New BEL Road, Bangalore, IN
Source
Management Dynamics, Vol 21, No 2 (2021), Pagination: 42-56Abstract
Purpose: This paper explores the importance of Intellectual Capital (IC) in the Indian Banking Industry and compares the efficiency between Public Sector Undertaking (PSU) banks and Private Sector banks, by employing Value Added Intellectual Coefficient (VAIC) method.Methodology/approach: Using Path Analysis, the study verifies the influence of VAIC on the profitability and market value of the Indian banks. Using simple averages and graphs, VAIC of PSU and Private Banks are compared. Quarterly results are used to verify the impact of COVID on the VAIC of banks.
Findings: Human Capital Efficiency (HCE) is the largest element that contributes to the VAIC in the Indian Banks. VAIC and HCE are greater in the private sector banks than in PSU banks. HCE does contribute to the profitability of banks, whereas no evidence is found of VAIC or HCE making any contribution towards the market value. While VA and HCE fell sharply in the PSU banks and not so sharply in the Private Banks during the first wave of COVID, the recovery has been impressive, in both sectors.
Practical implications: The paper clearly brings out the role of Human Capital Efficiency (HCE) in the Indian Banks and the need to improve HCE in the PSU Banks.
Keywords
Value Added, Banking, Profitability, Market Value, Human capitalFull Text
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