Bimaquest

Emerging Market Economies and Underlying Growth Factors

2023-08-29T05:29:58+00:00

The purpose of the study is to identify factors responsible for the growth of 19 selected economies that are emerging, as recognized by the IMF, based on the evaluation of available data from 2000 to 2017. The study analyses their growth trajectory and suggests policy implications for the selected Emerging Market Economies (EMEs) and utilizes panel data regression models, namely: (i) pooled regression models, (ii) fixed vs. random panel models, and (iii) dynamic panel regression models. The study found a significant and positive influence of broad money, agriculture, capital, air transportation, and, current account balances for the economic growth of the countries. However, health expenditure, life expectancy at birth and credit has a negative impact on the GDPs of the 19 selected EMEs.

Nexus between Digital Economy and Digital Financial Inclusion

2023-08-29T05:34:09+00:00

Extending banking and financial services to people with the goal to integrate everyone in the society into financial milieu, regardless of wealth or savings, is known as financial inclusion. One of the key pillars in advancing the nation's economy and financial inclusion is the use of digital payments. By facilitating access to and usage of a wider range of financial services and products, an increase in digital payments will promote greater inclusion into the financial system. The country's adoption of digital financial services is accelerated through partnerships between financial institutions and digital platforms. Covid-19's abrupt breakout has caused a new payment environment to emerge, and India's digitalization has been growing rapidly as a result of digital adoption. People have switched over to non-personal-shopping and payment modes as a result of the epidemic. By concentrating on the key factors of financial inclusion, namely access, usage, and quality, the article is an attempt to assess the influence of the coronavirus pandemic (COVID-19) on financial inclusion and digital financial inclusion. For this research, a questionnaire is drawn up, and information is gathered from respondents in various Indian industries. SEM methodology was employed in this investigation. The findings demonstrated a favourable relationship between access, use, and quality of financial services and digital financial inclusion, which in turn supports the development of the digital economy.

Influence of Select Antecedents on Customers’ Experience in Omni-Channel Retail: A Meta-Analysis

2023-08-29T05:38:43+00:00

Omni-channel is the urgent need of the time in order to provide seamless customer experience and satisfaction to customers from every channel of the service industry. Accordingly, this paper aims to conduct a meta-analysis and calculate the effective size of the most influential antecedents that consist of: (i) personalization, (ii) channel service configuration, and (iii) integrated interactions in omni-channel customer experience. Data have been collected from 16 studies (N= 10,518) which have been processed through meta-essential software to conduct a meta-analysis. The results summarized the combined effect size and indicated that all the selected antecedents have a moderate positive effect on customer experience in relatively less explored omni-channel retail. Meta regression is also used to analyze the influence of these antecedents in the presence of a moderator, i.e. the country classification.

Planned Behavior in Purchasing Postal Life Insurance: An Empirical Study

2023-08-29T05:42:52+00:00

The study analyses the influence of insurance literacy, perceived usefulness, attitude, subjective norms and perceived behavioral control on the intention to purchase postal life insurance among the people. This study employs the theory of planned behavior in explaining the intention of the people to purchase postal life insurance in state of Kerala circle. The data is gathered from 200 respondents through a well-structured questionnaire. The results obtained through PLS-SEM highlight that insurance literacy, perceived usefulness, attitude, subjective norms, and perceived behavioral control have a significant effect on customer’s intention to purchase postal life insurance. The results have relevant implications for India Post to better understand the customers’ needs in relation to the purchase of postal life insurance. The implications to the policymakers are discussed along with the suggestions for further research.

Analysis of Short-Term Performance of IPOs Listed on NSE

2023-08-29T05:47:03+00:00

Initial Public Offering (IPO) is the process of issuing shares to the public for the first time by issuing company to the public directly (McDougal et al., 2019). To raise the required capital for the business, most of the organizations go for public issues and IPO is an important source among them. But sometimes there will be a huge difference between the issue price and listing price like it happened in a recent LIC IPO, post listing on stock exchanges, and one-month performance, two-month performance, and three-month performance of IPOs. Therefore, this paper aims to study the short-term performances of IPO listed on the NSE. The data has been collected from NSE official website from 01-04-2021 to 31-03-2022. The Listing Day return, One month, Two Months, and Three months, six months, one-year average returns are calculated for analysis. This paper found that most of the IPOs are mispriced, and it was found there was a massive difference between the Issue price and the listing price. Thus, this paper suggests that before investing in any IPOs investors should evaluate the past performances of a company and should be cautious enough to decide on investments in IPOs. This paper is helpful for investors, stock broking houses, QIBs, etc., in making proper investment decisions.