The accounting profession all over the world is currently considering whether accountants should be required to adjust reported income for inflation. The limited objective of this article is to measure the impact of price-level accounting on reported profits and relevant financial ratios. The...

The Study aimed to test the existence of multiple financial goals and to find the relative significance of the financial goals pursued by companies in India. A questionnaire was sent to companies listed in the Investors’ Guide of Economic Times. Sixty one questionnaires were received back, of...

In this paper a periodic review probabilistic inventory model for a single item with two storage facilities is developed; one warehouse is owned by the system under consideration (which is referred to as OW) and the other is a rented warehouse (RW). The capacity of OW is W units. Any quantity...

The Indian retail sector is going through a transformation and this emerging market is witnessing a significant change in its growth and investment pattern. Both existing and new players are experimenting with new retail formats. Currently two popular formats -hypermarkets and supermarkets are...

This paper explores the processes of growth of women in both the family and work settings and their role as home-makers and managers. From the family, women acquire male and female role models. They also acquire concept of systems and organisations. Family and the national thrust for education...

The success of India’s recent economic reform programme hinges crucially, among other things, on the level of internationalization of Indian firms. However, in the global market, Indian products rank low on critical factors like quality, delivery, and technology. Indian firms face a daunting...

This paper models localized competition between firms when there is consumer lock-in or loyalty. We derive the symmetric equilibrium mixed strategy price distribution under two alternative models, and compare them to symmetric equilibrium strategies under non-localized competition. Contrary to...

In a typical standard costing or budgetary control system, a manager might receive a variance analysis reporting several hundred variances, of which many may have arisen due to random factors, or may be too insignificant to merit attention. The managers uses his knowledge and experience to...

The new competition policy of the Government of India seeks to promote competition to protect consumer interests and increase market efficiency. In fact, the degree of price transmission between farmers and final consumers also depends on the degree of competition in the processing sector....

Resource-based view of organisation emphasises that no organisation can be self sufficient and it will always be dependent on the environment for the fulfillment of resource needs. Further, this interaction with the environment can take various forms including manipulation, which is manifested...