Research & Publications

Home , Raghuram Rajan

ISSN 2320 –2114

Research & Publications Annual Report 2019–2020 Research and Publications Team

Prof. Jishnu Hazra Chairperson, Research and Publications

Members of Research and Publications Committee

Prof. Jishnu Hazra

Prof. Mukta Kulkarni

Prof. Pulak Ghosh

Prof. Chetan Subramanian

Prof. Prithwiraj Mukherjee

Prof. Abhinav Anand

Prof. Gopal Das

Research and Publications Team

Nirmala Manoj Project Executive

Chitralekha A D Copy Editor I Strategy (S)

RESEARCH AND PUBLICATIONS

ANNUAL REPORT 2020 (April 2019 – March 2020) Strategy (S) Strategy

1 Contents

Preface 3

Research Output 4

IIMB Cases at Harvard Business Publishing (HBP) 6

Leading Journal Publications 8

Awards, Honours, and Achievements 10

Area-wise Publications and Research Output

I Strategy (S) 11

II Economics and Social Sciences (ESS) 35

III Finance and Accounting (F&A) 60

IV Marketing (M) 78

V Organisational Behaviour & Human Resource Management 87 (OB&HRM)

VI Productions and Operations Management (P&OM) 106

VII Decision Sciences (DS) 119

VIII Information Systems (IS) 134

IX Centre for Public Policy (CPP) 139

X Entrepreneurship 158

XI Centre for Corporate and Governance and Citizenship (CCGC) 164

XII Data Centre and Analytics Lab (DCAL) 166

XIII Supply Chain Management Centre (SCMC) 175

XIV Centre for Teaching and Learning (CTL) 181

XV Israel Centre (IC) 183

XVI India Japan Study Centre (IJSC) 187

XVII IIMB Research Seminar Series 189

Contents Author Index 196

2 Preface

IMB’s vision and mission entail thought leadership, innovation and I excellence in education. The faculty at IIMB engages in original academic research and in developing case studies to expand the frontiers of knowledge and evolve tools for an enriching classroom experience. This report provides details of these research and publication activities at IIMB from April 2019 to March 2020.

This year, IIMB faculty members have published 48 papers in academic journals. In addition, they have written 22 cases which are distributed by Harvard Business Publishing (HBP). They have also published 5 books during the year.

IIMB continues to distribute case studies through HBP Publishing. The research culture at IIMB is enriched by seminars at which researchers from various academic institutes and research organizations share their research work. Over 56 researchers from across the globe visited IIMB and delivered research seminars. Several conferences and open house meetings were conducted as well to discuss contemporary research themes.

Faculty members and Doctoral students gained national and international recognition for their outstanding work by winning 18 awards during this period. We look forward to continuing the momentum towards increased research output, both in terms of quality and quantity, in the future.

Chairperson Research and Publications Preface

3 Research Output Tables

esearch and publication activities undertaken by IIMB community during the academic year R2019–2020 (April 2019 to March 2020) in various forms namely books, peer-reviewed journal publications, cases, working papers, conference presentations, research projects, etc. can be found below.

Research Output: 2019–2020

Research Projects 158

Articles in IIMB Journal List 13

Total Number of Publications 48

Books 5

Chapters in Books 8

Case Studies and Teaching Notes Distributed through HBP 44

Awards, Honours, and Achievements 18

Working Papers 22

Articles in Newspapers/Magazines, etc. 37

Other Publications (Monographs, Reports, etc.) 14

Seminar/Conference/Workshop Presentations/Invited Talks by Faculty 197

Conferences/Seminar Workshop Presentations by FPM Students 50

Total Number of Conferences/Seminar/Workshop Presentations/Invited Talks by 247 IIMB Faculty and Students

Articles in Conference Proceedings 30

Doctoral Theses Completed 14

Research Seminars at IIMB 56 Research Output Tables Research

4 Research Output Tables

Research Output for 2008–2020

The following table provides “Research Output” for the previous academic years: 2008–09; 2009–10; 2010–11; 2011–12; 2012–13; 2013-14; 2014–15; 2015–16; 2016-17; 2017-18, 2018-19 and 2019-20

Sl. 2008– 2009– 2010– 2011– 2012– 2013– 2014– 2015– 2016– 2017- 2018- 2019- Category No. 09 10 11 12 13 14 15 16 17 18 19 20

1 Total Number of Publications 59 45 78 56 69 62 58 56 60 60 48 48 2 Books 06 14 10 05 07 04 05 06 13 12 2 5 3 Chapters in Books 22 12 25 15 13 19 11 21 21 14 21 8 4 Total Number of 84 65 112 108 217 276 207 211 234 246 202 197 Presentations in National and International Conferences 5 Research and Case Writing 93 93 84 70 72 79 53 83 119 92 126 158 Projects 6 Cases and Teaching Notes - - 32 22 56 19 40 48 62 42 74 44 Distributed through HBP 7 Working Papers 17 20 28 28 39 54 30 21 40 22 18 22 8 Other Publications 15 21 10 21 18 18 24 25 19 13 6 14 (Monographs, Reports, etc.) 9 Articles in Newspapers/ 70 80 93 71 94 124 121 106 97 44 49 37 Magazines, etc. 10 Research Seminars at IIMB 37 38 24 42 40 38 37 54 38 51 49 56

FPM Output for 2011–2020

Research output by FPM students during the academic years: 2011–12; 2012–13; 2013–14; 2014-15; 2015-16; 2016-17; 2017-18, 2019-20

Sl. 2011– 2012– 2013– 2014– 2015– 2016– 2017- 2018- 2019- Category No. 12 13 14 15 16 17 18 19 20 1 Doctoral Theses Completed 13 13 6 18 20 20 20 24 14 2 Working Papers 1 2 5 2 3 5 3 - 6 Publications in Journal/Book Chapters/ 3 9 4 7 11 7 7 3 2 4 Cases Conference / Seminar / Workshop 4 43 25 49 37 36 46 58 44 50 Presentations by FPM Students 5 FPM Workshops 2 15 14 - 6 7 4 2 4 Research Output Tables Research

5 IIMB Cases Distributed by Harvard Business Publishing (HBP)

April 2011, IIMB and HPB entered into a distribution agreement and following this collaboration, IIMB I IMB was the first Indian business school to board the Harvard Business Publishing (HBP) platform. In has joined a select group of business schools such as the Stanford Graduate School of Business, Kellogg Graduate School of Management, and the Darden School of Business, who also distribute their cases through HBP. Several reputed institutes have procured our cases including University of Texas at Austin, Cambridge University, Harvard Business School, Boston University, Harvard School of Public Health, University of Baltimore, George Washington University, etc. Back home, IIM Ahmedabad, IIM Lucknow, IIM Kozhikode and ISB Hyderabad have bought IIMB cases in large numbers. The industry/corporate companies abroad to whom IIMB cases were sold include Gillette (USA), Mars Symbioscience (USA), Fundatia Asebuss (Romania), Value Partners (Italy), Sandefer Capital Partners LP (USA), ASSIST (South Korea), etc. in different parts of the globe. Around 248 universities across more than 300 countries have purchased the IIMB cases.

Research and Publications (R&P) team under the leadership of Prof. Dinesh Kumar has achieved success in the area of case writing and publishing in 2019–2020 by adding more cases to the Harvard collection. About 213 cases and teaching notes developed by IIMB faculty and scholars have been distributed by Harvard Business Publishing till date. The list of cases and teaching notes published and distributed through HBP in 2019–2020 is provided below.

Sl. Author Title No.

1 Rajalaxmi Kamath and Nithya Joseph

2 Suresh Bhagavatula, Deepa Iyer and Menaka MicrofinanceSaahas Zero Waste in India: Solutions: A Tale of Getting Two Models to a Product Rao Market Fit While Cleaning up India

3 Haritha Saranga Tele-Ophthalmology – Is This the Solution to India’s Rural Eye Care Problem?

4 Nandini Seth, Manupriya Agrawal, Manaranjan Improving Lead Generation at Eureka Forbes Using Pradhan and U Dinesh Kumar Machine Learning Algorithms

5 U Dinesh Kumar, Shailaja Grover and Sharada Fantasy Sports: A Game of Skill or Chance Sringeswara

6 S Ramesh Kumar and Prashant Parameswaran Ethnic Branding in a Contemporary World: Soulfull Smoothix in the Indian Context

7 V. Ravi Anshuman and Srijith Mohanan Arthayantra Ushering in a Digital Revolution in Personal Financial Advisory Services

8 Bharat Khanna, Nitin Bobba, and Sai Yayavaram IIMB Cases Distributed by Harvard Business Publishing Business Harvard by Distributed IIMB Cases Balaji Telefilms Limited

6 IIMB Cases Distributed by Harvard Business Publishing

Sl. Author Title No.

9 R Srinivasan, Sreecharan Rachakonda, and Delhivery: Leveraging the Platform Raj Kovid K R

10 Anshuman Tripathy, Nitish Kumar and Medha Paytm Mobile Payments: Will It Emerge as a Sravani Boddeda Dominant Design in India?

11 G Ramesh and Stuti Goswami Litchi the Unlucky Fruit: What does the Evidence Say?

12 G Ramesh and V Raghunandhan Force of Markets in Sports – Premier Football Leagues in India

13 Abhoy K Ojha and Arun Bansal Coats Indonesia: Leadership Challenges in an Unfamiliar Culture

14 Rejie George and M S Sriram Bank of Baroda: Governance Challenges in a Public- Sector Undertaking

15 Rejie George and M S Sriram New Dawn at Bank of Baroda: Project Navoday

16 J. Ramachandran and Diptiprakash Pradhan Infosys Limited: Governance Imbroglio

17 Anshuman Tripathy and Arijit Ghosh Biocon Research: Preparing for the Bio- Pharmaceutical Transition

18 R Srinivasan, Sandeep Lakshmipathy, and Grab.in Enabling Hyperlocal Pramoth Joseph

19 R Srinivasan, Sandeep Lakshmipathy, and Zomato™ Gold Platform Overreach Pramoth Joseph

20 Sourav Mukherji Mahindra Financial Services: Restructuring for Growth

21 Kiran K and Anshuman Tripathy Akshaya Patra Vrindavan: Operations and Resources Planning for a Mega Kitchen

22 Aayushi Kalra, Shailaja Grover and U Dinesh Supply Chain Analytics to Manage Blood at VHS Kumar Blood Bank IIMB Cases Distributed by Harvard Business Publishing Business Harvard by Distributed IIMB Cases

7 Leading Journal Publications

IMB has nurtured the research culture of giving high priority to publications in refereed academic I journals with high impact factor that are relevant to the current business and management scenario. Over the years, the knowledge generated by faculty at IIMB has been appearing in leading academic journals including journals listed in Financial Times 50, UT Dallas, etc. During the academic year 2019–2020, there were about 13 such prominent publications which are listed below.

Sl. Publication Authors Title of the article Journal No. Details 1 R. Narayanaswamy, Internal Auditing in India and Journal of Vol. 34(4), October K Raghunandan and China: Some Empirical Evidence Accounting Auditing 2019, Pg. 511-523 Dasaratha V. Rama and Issues for Research and Finance 2 Insiya Hussain, Rui The Voice Bystander Effect: How Academy of Vol. 62(3), June Shu, Subra Tangaila, ES Information Redundancy Inhibits Management 2019, Pg. 828-849 Srinivas Employee Voice Journal 3 Prakash Awasthy and Responsible Sourcing by European Journal Vol. 274(1), April Jishnu Hazra Improving Workplace Safety of Operational 2019, Pg. 155-164 through Buyer–Supplier Research Collaboration 4 Tarun Jain and Jishnu Hybrid Cloud Computing Production Vol. 28(5), Hazra Investment Strategies & Operations May 2019, Management Pg. 1272-1284 5 Tarun Jain, Jishnu Hazra Excess Procurement Strategies Naval Research Vol. 66(3), April and Jayashankar M by a Dominant Buyer under Logistics 2019, Pg. 272-280 Swaminathan Constrained Supply 6 Anjana Dube and Journal of Vol. 55(10), 2019, Rajalaxmi Kamath and Crises: Responses to Development Pg. 2273-2285 Microfinance Group Processes Economic and Psychological Studies Threats 7 Gopal Das and Rajat Roy How Self-Construal Guides Journal of Business Vol. 101, August Preference for Partitioned Versus Research 2019, Pg. 152-160 Combined Pricing 8 Ishwar Murthy and Sam A New Extended Formulation Discrete Applied Vol. 271, Ransbotham of the Generalized Assignment Mathematics December 2019, Problem and Some Associated Pg. 119-143 Valid Inequalities Leading Journal Publications Leading

8 Leading Journal Publications

Sl. Publication Authors Title of the article Journal No. Details 9 Pathikrit Basu, Souvik Economic Letters Vol. 184, Dutta and Suraj Shekhar Agents: A Cheap Talk Game with November 2019, Ethnic Conflicts with Informed Multiple Audiences Pg. 1-3 10 Vidhya Soundararajan Heterogeneous Effects of Journal of Vol. 140, Imperfectly Enforced Minimum Development September 2019, Wages in Low-Wage Labor Economics Pg. 355-374 Markets 11 Vidhya Soundararajan, Wage Fairness in a Subcontracted Journal of Economic Vol. 168, Arnab K Basu and Nancy Labor Market Behaviour & December 2019, Chau Organisation Pg. 24-42 12 Sinha and Ananth Production and Capacity Production Vol. 29(2), Krishnamurthy Utilization Strategies in Supply and Operations February 2020, Chains for Complex Engineered Management Pg. 462-480 Products 13 Saptarshi Purkayastha, The Roles of Family Ownership Journal of Business Vol. 98, May 2019, Rajaram Veliyath and and Family Management in the Research Pg. 50-64 Rejie George

Governance of Agency Conflicts Leading Journal Publications Leading

9 Awards, Honours, and Achievements

1. Prof. Ganesh N Prabhu, Ramya Venkateswaran and Saurabh Pandya, Best Paper Award: Indian Academy of Management Conference 2020. 2. Prof. Ganesh N Prabhu, Ramya Venkateswaran and Saurabh Pandya, Best Paper of the Track Award (Organization and Management Theory). Indian Academy of Management Conference. 3. Prof. Haritha Saranga, IIMB Chair of Excellence: Received Institute Award for Excellence. 4. Prof. J Ramachandran, Best Professor in Strategy Studies’ 2019: Dewang Mehta National Educational Award. 5. Prof. Mukta Kulkarni, Mphasis Chair (2016 July to June 30, 2021). 6. Prof. Mukta Kulkarni, Editorial Board Member and Associate Editor, 1. Human Relations from May 2016. 2. Equality, Diversity and Inclusion: An International Journal from February 2017-September 2019, Associate Editor from October 2019. 3. Journal of Organizational Behavior from July 2017. 7. Prof. Ritu Tripathi, Associate Editor, South Asian Journal of Human Resource Management from March 2015. 8. Prof. Nilam Kaushik, AOM 2020 Annual Meeting Best Paper Proceedings, Paper titled “Gender-Based Preferences for Tech? Field Evidence from an Internet-Of-Things Platform” has been judged to be among the best accepted papers in the programme and will be published in the Proceedings of the 2020 Academy of Management Meeting. 9. Prof. Rahul De’, Outstanding Associated Editor Award ICIS 2019. 10. Prof. Rejie George, Teaching Excellence Recognition, Inside IIM Professor of the Year 2019 (jointly with Prof. Avinash Mulky). 11. Prof. Rishikesha T Krishnan, Illustrious DAVian Award 2019: Award for Alumni from DAV Senior Secondary School, Chennai. 12. Prof. Rupa Chanda, Member of International Committee on Health Worker Mobility, nominated and selected by WHO from international roster of experts. 13. Prof. Rupa Chanda, nominated by Ministry of Health to National Medical Commission. 14. Prof. S Ramesh Kumar, Indian Business Academy Award for Excellence in teaching and research in Marketing. 15. Prof. Soham Sahoo, Prof. M. J. Manohar Rao Award for Young Researchers 2018, The Indian Econometric Society. 16. Prof. Soham Sahoo, DAAD Visiting Professorship Award, German Academic Exchange Service (DAAD), 2019. 17. Prof. Hema Swaminathan, Standing Committee of Economic Statistics, MoSPI. The mandate of SCES is broad; it is supposed to review the framework for economic indicators pertaining to the industrial sector, the services sector and the labour force statistics. 18. Prof. Vasanthi Srinivasan, MED Global Forum Best Symposium Award for the symposium that best creates

Awards, Honours, and Achievements and Honours, Awards, AOM Conference 2019 Boston. the opportunity to address global issues of significance to management education and/or development,

10 I Strategy (S)

usiness success or failure is largely dependent on how the various B functional areas in management are combined to produce and deliver value to different stakeholders. This integration of functions is taking place in a continuously changing and complex environment. The Strategy Area deals with issues related to the formulation and implementation of management and change strategies as organizations strive to remain successful and grow in an increasingly complex, competitive and globalized world. It is therefore interdisciplinary by nature and requires an understanding of all functional areas.

The Area is well-endowed in terms of faculty resources for dealing with these complex problems. The areas of research interest of the faculty in the Strategy Area cover the entire spectrum of problems that affects the globalized businesses of today. Apart from the core area of strategic management, these areas include international business, strategic alliances, new product development, and the management of technology and innovation, among others.

Members of the Area offer a number of core and elective courses for the PGP, EPGP, PGPEM and FPM programmes of the Institute. They are also actively involved in guiding various student projects. The Area offers specialization in the field of Corporate Strategy for the doctoral level FPM of the Institute. Other Area activities include case writing by faculty members, sponsored research and consulting. Themes of current business and research interests form the basis for a number of Executive Education Programmes that the Area members offer directly or in collaboration with faculty members from other Areas. Faculty members of Strategy area have also been publishing influential academic papers in international and national journals such as Strategic Management Journal, Harvard Business Review, Journal of Economic Behavior and Organization. Area members are on the boards of several companies and also serve on national committees dealing with strategic and policy

issues. (S) Strategy

11 Research and Publications Annual Report 2019–2020

I-A Research Projects

I-A1 Partnering for Success: Advancing Sustainability Research and Education in India

Project Team: P D Jose, U Dinesh Kumar and Vasanthi Srinivasan

Summary: The project promotes collaboration between IIM Bangalore and University of North Carolina on sustainability-related education. The project received the prestigious ‘Obama–Singh 21st Century Knowledge Initiative Awards’. The initiative strengthens collaboration and builds partnerships between American

one of the eight institutions that are recipients of the prestigious award. Each and Indian institutions of higher education in priority fields. IIM Bangalore is project will receive an award of approximately $250,000 that can be utilized over a three-year period, with the objectives of cultivating educational reform, fostering economic growth, generating shared knowledge to address global challenges, and developing junior faculty at Indian and American institutions of higher learning. As part of the project, Indian Institute of Management Bangalore and the UNC Kenan-Flagler Business School in collaboration with Wipro organized the Symposium on “Advancing Sustainability Research and Education” in January 2015.

Sponsor: USEFI

Status: Ongoing

I-A2 BetterPlace: A Case Study of a Corporate Failure

Project Team: P D Jose, Gadi Ariav and Menaka Rao

Summary: The proposed study aims to explore the reasons for the failure of one of the best-funded startups of all times BetterPlace, a company that pioneered (https://en.wikipedia.org/wiki/Better_Place) battery charging and battery- swapping services for electric cars. BetterPlace was set up by Shai Agassi, the Israeli entrepreneur with strong support from the government, investors and politicians. In less than a year, BetterPlace burned through over 900 million dollars and was shut down. The author has written a draft case study on the failure and has had Shai Agassi speak to his class in the PGP course ‘Learning from Corporate Failures’.

Sponsor: IIM Bangalore

Status: Ongoing Strategy (S) Strategy

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I-A3 Building Strategic Capabilities in Emerging Market Firms

Project Team: S. Raghunath, P D Jose, Ashok Thampy, Ashis Mishra and Subhashish Gupta

Summary: Emerging market firms have become an increasingly influential component of the global economy. Both scholars and firm managers are realizing that these world counterparts that help them build new business models for global firms possess a different mix of capabilities compared with their developed

competition. However, as these firms expand globally and encounter increasingly sophisticated competitors, managers of emerging market firms realize that some of the capabilities which enabled their firms to succeed at home do not transfer well abroad, that their firms capabilities are new and in some cases suffer from relative disadvantages in their capabilities stemming from their more sophisticated to compete in a wide variety of countries, and that the firms country of origin.

Sponsor: IIM Bangalore

Status: Completed

I-A4 Artificial Intelligence-Based Learning Management Systems

Project Team: P D Jose

Summary: The study aims to help create an approach towards an AI-based Learning Management Platform for the Ministry of Human Resources Development.

Sponsor: MHRD

Status: Ongoing

I-A5 Sustainability Initiatives of South Asian Firms

Project Team: P D Jose

Summary: The paper is a policy document to be used by ERIA for its sustainability initiatives.

Sponsor: Economic Research Institute for ASEAN and East Asia (ERIA)

Status: Ongoing

I-A6 Enhancing Performance of Healthcare Organizations in India

Project Team: Raghunath S, Rama Jayanthi, Cleveland State University and Jagdip Singh, Case Western

productivity and quality in Indian hospitals. For most healthcare organizations, Summary: Our specific objective is to study how to enhance performance in terms of quality often adds costs and demands resources. As a result, quality- Strategy (S) Strategy

13 Research and Publications Annual Report 2019–2020

productivity tradeoffs are common dilemmas for managers who know that quality improvement is important to customer loyalty but worry about a sinking bottom line. Our interest lies in understanding how hospitals manage the dual challenges of maintaining high quality while ensuring productivity of frontlines. We will use institutional theory to analyze how hospitals navigate quality and productivity logics and identify exemplar agency and entrepreneurship

practices in crafting institutions and filling institutional voids to assure quality Sponsor: ofIIM care Bangalore while maintaining high levels of efficiency.

Status: Ongoing

I-A7 Studying the Relationship between Multi-Sided Platforms (MSPs) and Open Innovation (OI)

Project Team: Srinivasan R

Summary: There is growing attention to the study of open innovation, given the changes in the social organization and market structures. New ways of engaging with customers and partners are replacing traditional models of innovation that take either long periods of time and/or large investments of resources. A

First is the increasing demand for newer products/services and experiences few major shifts that make open innovation imperative have been identified. amongst consumers and stakeholder groups, who are willing to contribute to

shrunk the time, cost and effort required to collaborate and contribute. They the problem definition and solution. Second, technological advancements have have made it easier for creating prototypes and test them (like the evolution of 3D printing); and increasing consciousness of collaborative work due to the evolution of social media. Third, organizations competing in global markets or with global competitors are under increasing pressure to seek more and varied ideas without losing their focus on cost competitiveness. Given the constraints of intellectual resources organizations face, open innovation has become imperative. Open innovation (OI) therefore becomes the one means by which organizations (a) meaningfully engage with their customers in co-creation, (b) optimize their existing innovation resources, and (c) access a larger pool of innovation resources leveraging technology and social media.

Sponsor: IIM Bangalore

Status: Ongoing Strategy (S) Strategy

14 I Strategy (S)

I-A8 Lull after the Storm: Cases on Strategic Persistence in Indian Firms

Project Team: Srinivasan R and S Karthika

Summary: Organizations oscillate between periods of transformation and reorientations (Tushman and Romanelli, 1985)1. Most prior literature has focused on studying periods of transformation, including antecedents, processes, and consequences of change and transformation. It is the periods of convergence or equilibrium periods (Gersick, 1991)2 that are of interest to us in this research. In these periods, organizations experience at best incremental changes to their deep structures, which are otherwise relative inert. We intend to distinguish between conscious persistence and rigidity arising out of dysfunctional intent/ processes. We also intend to study strategic persistence as a precursor to conscious strategic change/ transformation.

Sponsor: IIM Bangalore

Status: Ongoing

I-A9 Diversification at Amara Raja Group

Project Team: Srinivasan R and Sai Yayavaram

Summary: Amara Raja Group (AR Group) is a family-managed Indian business group that is present in a diverse range of related businesses such as batteries, power control equipment and unrelated businesses such as construction, fruit juices & pulp

and hospitals. Over the years, the group has increased its level of diversification decisions such as entry into fruit pulp & juices and electronic manufacturing as well as vertical integration for a variety of reasons. Some of its diversification services were taken with the intention of giving back to society. In line with such a motive, the Group also located all its manufacturing facilities in the rural areas of Chittoor District in the state of Andhra Pradesh. Other motives included lack of a reliable supplier base and an opportunity to introduce new technologies.

After several such diversification moves, the AR Group is now at a critical juncture. becomes imperative given the opportunities in infrastructure and electronics The Group has to decide on the rationale for further diversification, which manufacturing that are arising from the Government of India’s “Make in India” initiatives. The Group also has to now decide on how to exploit the synergies across businesses, the appropriate structure of the corporate group, and the role

Thethat thecase corporate study on office Amara should Raja play.Group (AR Group) delves into all the above- mentioned aspects.

Sponsor: Amara Raja Group

Status: Ongoing (S) Strategy

15 Research and Publications Annual Report 2019–2020

I-A10 Balaji Telefilms Ltd.

Project Team: Sai Yayavaram

video-on-demand (VOD) services. Started by Ekta Kapoor and her family in 1994, Summary: Balaji is currently active in three businesses: TV content, film production and Kyunki Saas Bhi Kabhi Bahu Thi. This was followed by several other hit TV shows, which earned the company tasted its first major success in 2000 with the TV series Ekta Kapoor the moniker “Czarina of Indian TV”. The company formally entered

the film business in 2007 and has had mixed success since then. The 2008 great recession dented the revenues and profits of the company, but both revenues continued its up-and-down trajectory raising questions on whether Balaji should and profits have recovered in the TV content business. The film business has

continue to be in the film business. While there are some similarities between the TV and film business, there are some important differences as well. This raises the trend in the media and entertainment over the last few years that complicates this important question of whether Balaji can succeed in both TV and films. A major question is digitization and the rise of VOD services. Balaji entered this segment in April 2017 with the launch of its ALTBalaji platform. While Balaji can transfer its skills at storytelling and industrialized creativity to digital content, it is not clear

case ends with a discussion of the strategic decisions that Balaji has to make with how Balaji can compete against giants such as Amazon, Netflix, and Hotstar. The respect to its digital offerings: Should it stick to producing content or should it own the platform as well? What should be its revenue model? The question of

Sponsor: whetherIIM Bangalore Balaji should exit the film business remains.

Status: Ongoing

I-A11 Understanding Individual Level of Search

Project Team: Sai Yayavaram and Kannan Srikanth

Summary: Following the seminal work of Simon (1947) and Cyert and March (1963), the

Most of the work in this stream of literature has focused on search at the field of management has given considerable attention to the concept of search. organizational level. In our study, building on prior studies in psychology and organizational behavior, we intend to examine search at the individual level and then seek to understand the role of aspirations, experience and changes in the environment on the locus of search and the type of search. We will develop a game to simulate a decision-making environment and then run experiments in a lab to track search processes that individuals use. Our study has the potential to contribute to the literature on search by unpacking mechanisms at a granular level, which is not possible with a large-sample study based on archival data. Strategy (S) Strategy

16 I Strategy (S)

Sponsor: IIM Bangalore

Status: Ongoing

I-A12 Construction of a Comprehensive Database of Director Interlocking in India Using Data from the Ministry of Corporate Affairs

Project Team: Rejie George P and Ajay Bhaskarabhatla (Erasmus University)

following the passage of the 2013 Companies Act. The reforms are expected Summary: India is undergoing significant reforms concerning corporate governance to increase the standards of accountability and transparency, improve the functioning of boards, and empower participation by women. The act came into effect from 1 April 2014. There is considerable interest in examining the

them. The existing data and prior studies on the topic focus on a small number of effectiveness of the new provisions and the processes by which firms adjust to

listed firms, usually about 5000 firms. In contrast, it is estimated that there are Sponsor: moreIIM Bangalore than a million firms operating in India currently.

Status: Ongoing

I-A13 Microfoundations of Organizational Growth

Project Team: J. Ramachandran

seemingly reasonable objective has been hard to achieve due to the potential Summary: Profitable growth is a key objective for organizations. In practice, however, the

other. Strategy research is rich in terms of improving understanding of the tradeoff between profits and growth. Typically, one gets subordinated to the drivers of growth (resources and routines) or the modes of growth (mergers, acquisitions and alliances). Despite these advances, the internal functioning

of firms has remained a black box and we know little about how firms grow. Missing from our theoretical understanding of achieving profitable growth is between processes and employees’ actions. Put differently, our understanding the role of a firm’s internal processes, employees’ actions, and the interaction of the micro-mechanisms that underpin organizational growth is limited. Our

study seeks to unpack the black box of the firm by understanding the interplay context for our inquiry is the growth journey of Wipro Limited, the Bangalore- between routines and the individual agency in effecting profitable growth. The based software services behemoth. Wipro scaled up rapidly from around 4,000 people in the year 2000 to 130,000 people by 2012 and improved its operational performance. This achievement runs counter to conventional wisdom that when organizations scale up, operational performance suffers. Understanding Wipro’s Strategy (S) Strategy

growth journey will help us theorize about the micro-mechanisms of profitable

17 Research and Publications Annual Report 2019–2020

growth. In conducting this inquiry, we plan to use econometric techniques on team- and employee-level data provided by Wipro.

Sponsor: VRSP, IIM Bangalore

Status: Ongoing

I-A14 The House of Tatas: Governance Challenges

Project Team: J. Ramachandran, Savithran Ramesh and KS Manikandan

Summary: The case “The House of Tatas: Governance Challenges” is based on one of India’s oldest, renowned, and most internationalized business groups. The case provides an account of the evolution of the Tata Group with an emphasis on the developments in the last 30 years (the years following economic liberalization in 1991) and the current legal tussle between Tata Sons (the Group’s parent company) and its minority shareholder (SP Group). The ongoing legal battle

governance in India, a country marked by controlling ownership of corporations is keenly watched for its potential ramifications on the evolution of corporate and concerns over protection of the interests of minority shareholders.

Sponsor: IIM Bangalore

Status: Completed

I-A15 Quality of Governance Project

Project Team: Prateek Raj, Paola Sapienza, Luigi Zingales and Brian Richter

Summary: What are the determinants of good governance that aid business development and long-term growth? In the earliest years of 2000s, there was a debate about the type of formal institutions that cause long-term growth.

Sponsor: IIM Bangalore

Status: Ongoing

I-A16 Evolution of Modern Market Institutions

Project Team: Prateek Raj, Achal Bassamboo, Raghuram Rajan, Guy Rolnik, Paola Sapienza and Luigi Zingales

Summary: Markets are imperfect and understanding the sources of such imperfections is important for better understanding of markets. The research project’s goal is to identify distortions in social interactions because of identity, ideology and lack of commitment. The project entails a portfolio of papers with different coauthors.

Sponsor: VRSP, IIM Bangalore

Strategy (S) Strategy Status: Ongoing

18 I Strategy (S)

I-A17 Kumbh Mela Field Research

Project Team: Ritu Tripathi, G. Ramesh and Prateek Raj

Summary: The study has two streams of research: One stream consists of documenting the management of the Mela and presenting its analysis and suggestions for possible approaches towards managing future Melas. The other stream of research

complex social cultural event, which are cross-cutting in nature across different consists of deep diving into specific themes that are unique to this massive public services. The team is taking a holistic perspective on the Mela Activity, in that, instead of focusing on department-wise silos and service-deliveries, the team is looking at how the three stakeholders, namely the i) government

reach an optimal state of service and delivery in the Mela. The researchers are departments, ii) private partnering vendors, and iii) civic society, configure to

would include mode of organization, concrete structural aspects such as tenders focusing on both the hard and soft aspects of the configuration. Hard systems

interpersonal activities and transactions such as coordination, mock exercises, specifications, SOPs, manuals, reports, etc.; soft processes would include roles, monitoring and tracking, accountability, motivation, and participation.

Sponsor: Prayagraj Mela Pradhikaran

Status: Ongoing

I-A18 Regional Ecosystems in Medical Devices

Project Team: Vijay Venkataraman, David Ku and Sandeep Pillai

Summary: Strategy scholars have often been interested in knowing why some regional ecosystems do better than others (Porter, 1990). Research in this stream can be traced back to Marshall’s work on the economics of agglomeration (Marshall,

a limited area has been observed in a wide range of industries such as semi- 1920). Agglomeration where firms in an industry tend to co-locate within conductors (Saxenian, 1994), automotive (Klepper, 2007), hotel (Baum and Haveman, 1997), and wine (Harrison, 2007).

Sponsor: VRSP, IIM Bangalore

Status: Ongoing

I-A19 Experiments in Innovation Management

Project Team: Nilam Kaushik and Kevin Boudreau

Summary: Knowledge recombination is a key ingredient of the innovation process. There are two existing views in the innovation literature that explain how diversity affects innovation performance. The burden of knowledge view (Jones, 2009) suggests

that distinct specialized knowledge is an antecedent for innovation. According to (S) Strategy

19 Research and Publications Annual Report 2019–2020

the recombinant diversity view (Weitzman, 1998), novel recombinations arise from the cross-pollination of existing ideas and knowledge. In this project, we aim to understand the precise mechanisms through which knowledge diversity impacts innovation performance through a randomized controlled experiment in which individuals are randomly assigned to teams that compete with each other to develop proposals for new IoT applications. Each team works virtually

proposals are evaluated by a panel of experts and prizes are given for the top-3 and has to complete the proposal within a designated period of time. The final teams.

Sponsor: VRSP, IIM Bangalore

Status: Ongoing

I-B Articles in Academic Journals

Sl. Details of Authors Title of Paper Name of Journal No. Publication I-B1 Anish Sugathan, Downstream electric utility Energy Vol. 178, Malghan, restructuring and upstream July 2019, Deepak, Pg. 832-852 S. Chandrashekar Productivity dynamics of generation efficiency: and Deepak K Sinha Indian coal and gas based electricity generators I-B2 Saptarshi The roles of family Journal of Business Vol. 98, Purkayastha, ownership and family Research May 2019, Rajaram Veliyath management in the Pg. 50-64 and George, Rejie governance of agency

I-B3 Kshitij Awasthi, conflicts IIMB Management Vol. 31(3), Yayavaram, Sai, industries: A new index Review September Classification for regulated George, Rejie and 2019, Sastry, Trilochan Pg. 309-315 I-B4 Multi-sided platforms Electronic Markets Vol. 29, 2019, Christina Raasch, Pg. 553-559 Nizar Abdelkafi, Angela Roth and Srinivasan R Strategy (S) Strategy

20 I Strategy (S)

I-D Chapters in Books

Publication Sl. No. Authors Title of Chapter Title of Book Editors Details I-D1 Srinivasan R Making Wiley Innovation Vikas Gupta Wiley, 2020, and Krishnan, Conscious Black Book Pg. 7-26 Rishikesha T. Choices: Digital Enterprise 4.0 Strategy and Transformation I-D2 Joseph, P.K., Innovating in Innovating Albrecht De Gruyter Lakshmipathy, S., the Open lab: in the Open Fritzsche, Julia Oldenbourg, and Archetypes of Lab: The New M. Jonas, Angela 2020, Srinivasan R Open Innovation Potential for Roth and Kathrin Pg. 227-242 Strategies and Interactive Value M. Möslein Capabilities Creation across Organizational Boundaries

I-E Working Papers

IIMB Working Sl. No. Author Title Year Paper No. I-E1 Patibandla, Murali Governance and Development: A Comparative 589 2019 Economic Organization Approach

I-F Articles in Periodicals, Financial Dailies, and Newspapers

Name of Date of Sl. No. Authors Title of Article Newspaper/ Publication Magazine I-F1 Krishnan, Three Must Read Books on Strategy for the foundingfuel. July 10, 2019 Rishikesha T. Digital Era com I-F2 Krishnan, What Leaders Need to Do to Capture Value foundingfuel. August 14, Rishikesha T. from innovation in the Digital Era com 2019 I-F3 Krishnan, India is an R&D Hub for MNCs: Will Global foundingfuel. November 2, Rishikesha T. Protectionism Play Spoilsport? com 2019 I-F4 Krishnan, Don’t Jump the Gun in Infosys Governance The November 19, Rishikesha T. Row Economic 2019 Times Strategy (S) Strategy

21 Research and Publications Annual Report 2019–2020

Name of Date of Sl. No. Authors Title of Article Newspaper/ Publication Magazine I-F5 Krishnan, The Changing Contours of Innovation in Forbes India January 10, Rishikesha T. India 2020 I-F6 S Raghunath Tapping India’s Animation and VFX Potential Berlin Film February Festival 2020 Magazine, Pickle I-F7 S Raghunath Indian Cinema of Today: A Culturally Pickle August 2019 Responsive Artifact India Film Magazine

I-H Seminar/Conference/Workshop Presentations/Invited Talks

Sl. Title of Paper/Session/ Name of Conference and Dates of Authors No. Invited Talk Venue Event I-H1 Ramya Learning from international Indian Academy of January Venkateswaran, acquisition experience: Management Conference 2-4, 2020 Prabhu, Ganesh N, Narration from an Indian 2020, IIM Trichy Saurabh Pandya EMNC I-H2 Deepti Sharma, Disability inclusion in Comparative Education December Prabhu, Ganesh N education: Including high Society of India 2019 9-11, 2019 performing children with Conference, Delhi disability I-H3 Prabhu, Ganesh N Teaching the scope and World Conference on October limits of generalizability in Qualitative Research, 16-18, qualitative research Porto, Portugal 2019 I-H4 Prabhu, Ganesh N Inaugural address MBA Inauguration September Siddaganga Institute of 30, 2019 Technology, Tumkur I-H5 Prabhu, Ganesh N Invited Panelist at Strategic Management December Forum Conference 27-29, IIM Lucknow 2019 I-H6 Prabhu, Ganesh N Invited Doctoral Session: Doctoral Symposium, IIM December Combining qualitative and Bangalore 31, 2019 quantitative methods I-H7 Prabhu, Ganesh N Invited Talk: Design thinking 13th International January Conference on Marketing, 9-11, 2020 Indus Business Academy, Bangalore Strategy (S) Strategy

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Sl. Title of Paper/Session/ Name of Conference and Dates of Authors No. Invited Talk Venue Event I-H8 Kaushik, Nilam Gender-based Preferences for INFORMS, Seattle, USA October Tech Work: Field experimental 20-23, evidence from an internet-of- 2019 things platform I-H9 Jose P D Leveraging technologies in EPSI’s B-Schools’ February business education Leadership Conclave 27, 2019 2019, New Delhi I-H10 Jose P D Future of Digital Learning, Loyola College, Chennai August days National level workshop 24-25, MOOCs for Blended Teaching 2019 and Learning I-H11 Jose P D Quality in higher education: NAAC-sponsored October Current priorities & future National Seminar, Sri 18-19, challenges Venkateswara College, 2019 New Delhi I-H12 Jose P D Invited Keynote speaker: Indian Management August 2-3, Digital learning Conclave 2019, New Delhi 2019 I-H13 Jose P D Economic Research September regional approach to realize Institute for ASEAN 23-24, Workshop on Efficiency based sustainable development goals and East Asia (ERIA) in 2019 sustainability initiatives of Bangkok Indian corporates I-H14 Srinivasan R Keynote speaker: Platform Platform Economics February labour archetypes in India Conference, IIT Delhi, IIT 27, 2020 Bombay & University of Queensland, Bombay I-H15 Srinivasan R Managing the integration Bank Boards Bureau, at January process IIM Bangalore 3-4, 2020 Leveraging economics of scale and scope Two talks delivered to the top management teams and integration teams of Public Sector Banks of India I-H16 Srinivasan R IIMB EEP’s annual event IIMB EEP CLO conclave, November where our top clients from the IIM Bangalore 16, 2019 custom/ EEP clients are invited for a day-long session I-H17 Srinivasan R Keynote speaker: Course IFMR, Krea University, June 23, design and pedagogy Andhra Pradesh 2019 Strategy (S) Strategy

23 Research and Publications Annual Report 2019–2020

Sl. Title of Paper/Session/ Name of Conference and Dates of Authors No. Invited Talk Venue Event I-H18 Srinivasan R Online Keynote speaker: Fraunhofer Institute of May 16, Boundary spaces for open Integrated Circuits, IIS 2019 innovation, JOSEPHS – the Erlangen, Germany service manufactory I-H19 Srinivasan R Keynote speaker: Digital PwC, Bangalore April 25, transformation process 2019 I-H20 George, Rejie 39th Strategic October Pallathitta and Management Society 19-22, The moderating influence of Abbasi A. R ownership in the relationship Conference, Minneapolis 2019 product-diversification and between geographic-

performance diversification and firm I-H21 George, Rejie Primary and secondary agency 79th Annual Meeting August Purkayastha S and of the Academy 2019, 9-13, 2019 Veliyath R empirical investigation Boston, Massachusetts, conflicts in family firms: An United States I-H22 Krishnan, Keynote speaker: Technology IAMOT International April 8, Rishikesha T. management for inclusive Conference, NITIE 2019 development: changing Mumbai, Ramada hotel, contours Mumbai I-H23 Krishnan, Talk Workshop on Industry 4.0 Siddaganga Institute of April 25, Rishikesha T. Technology, Tumakuru 2019 I-H24 Krishnan, Keynote speaker: Building Nasscom HR Summit, ITC July 17-18, Rishikesha T. organizations for people Grand Chola, Chennai 2019 in an era of technological transformation I-H25 Krishnan, Keynote speaker: Leading 15th CII Innovation August Rishikesha T. innovation in the digital era Summit, Hotel Taj West 21-22, End, Bengaluru 2019 I-H26 Krishnan, How to solve big problems Institute Lecture, IIT August 29, Rishikesha T. with robust low cost Roorkee 2019 innovations I-H27 Krishnan, Moderated Panel on Business Bangalore Business September Rishikesha T. history Literature Festival 7, 2019 (BBLF), WeWork Galaxy, Bangalore I-H28 Krishnan, Leading innovation in the Knolskape Webinar November Rishikesha T. digital era Venue 21, 2019 I-H29 Krishnan, Moderated panel on R&D IIT Kanpur Diamond November

Strategy (S) Strategy Rishikesha T. Jubilee Event, IIT Kanpur 20, 2019

24 I Strategy (S)

Sl. Title of Paper/Session/ Name of Conference and Dates of Authors No. Invited Talk Venue Event I-H30 Krishnan, Keynote speaker: Building Infosys BPM Best December Rishikesha T. organizations for people in the Practices Seminar on 3, 2019 times of AI Business Processes I-H31 Krishnan, The future of managing IEEE TEMS Industry December Rishikesha T. innovation Forum, Bangalore 7, 2019 I-H32 Krishnan, Panelist, Contract R&D and CII Innovation Ecosystem December Rishikesha T. Round Table on Innovation Conference, New Delhi 18, 2019 Policy I-H33 Krishnan, Panelist, Webinar on Data Founding Fuel.com December Rishikesha T. Protection 19, 2019 I-H34 Krishnan, Moderated Panel on Innovation India Software Product January Rishikesha T. and product management Management Summit 17-18, 2020, Bangalore 2020 I-H35 Krishnan, Panelist and Resource Higher Education for January 22, Rishikesha T. Person Deloitte empowering Industry 4.0, Bangalore 2020 educators I-H36 Krishnan, Leading innovation in the 5th Management of January 24, Rishikesha T. digital era Intellectual Property 2020 and Strategy Conference MIPS2020, IIT Bombay I-H37 Krishnan, Moderator of panel of IIT IIT Alumni Centre event, February 8, Rishikesha T. Directors on The Future of IITs Chancery Pavilion, 2020 Bangalore I-H38 Krishnan, Talk at Career Launcher Event Mavalankar Auditorium, February 9, Rishikesha T. on The Future of the MBA Constitution Club, New 2020 Delhi I-H39 Krishnan, Panelist, International IFIM Liberal Education February Rishikesha T. Conclave on Learning Eco Event, Taj West End, 19, 2020 Systems Bangalore I-H40 Krishnan, Leading Innovation in the Innovation Day talk February Rishikesha T. Digital Era Mercedes Benz India R&D 20, 2020 Centre, Bangalore I-H41 Krishnan, Invited Talk on Frugal Goa Institute of February Rishikesha T. innovation Management Emerging 22, 2020 Market Innovation Conference, Goa I-H42 Krishnan, Business interventions for International Conference, March 6, Rishikesha T. effective management of IIM Sirmaur 2020 technology and innovation Strategy (S) Strategy

25 Research and Publications Annual Report 2019–2020

Sl. Title of Paper/Session/ Name of Conference and Dates of Authors No. Invited Talk Venue Event I-H43 Krishnan, Emerging trends in MNE AIB 2019 Conference, June 27, Rishikesha T. innovation in India in Copenhagen 2019 globalization of R&D in an era of ferment I-H44 Venkataraman, The shock of the Affordable SMS 39th Annual October Vijay and Ku, D Care Act on regional Conference, Minneapolis 19-22, ecosystems in medical devices 2019

I-I Articles in Conference Proceedings

Sl. No. Authors Title of Paper Details of the Conference Proceedings I-I-1 Patvardhan, S. and Exploring the microfoundations 35th European Group of J. Ramachandran of shaping-oriented strategies Organizational Studies (EGOS) Conference, Edinburgh University Business School, Edinburgh, UK, July 4-6, 2019 I-I-2 Gopal, S., Whole versus Part: Pro- 79th Annual Meeting of the Academy Manikandan K.S., market reforms and unrelated 2019, Boston, Massachusetts, United and States, August 9-13, 2019 J. Ramachandran groups diversification of business I-I-3 Patvardhan, S. and Imagination: The cognitive 79th Annual Meeting of the Academy J. Ramachandran roots of forward-looking 2019, Boston, Massachusetts, United strategy States, August 9-13, 2019 I-I-4 Patvardhan, S. and The cognitive roots of strategic 4th Industrial Revolution, Berkeley, J. Ramachandran choice and competitive California, USA, March 25-27, 2020 advantage, The Strategic Management Society Special Conference on Designing the future: Strategy, technology, and society I-I-5 S Raghunath and To be or not to be: How Academy of International Business Shobha Tewari slack impacts the choice of Conference, Copenhagen, Denmark, internationalization mode and July 24-27, 2019

influence of business group I-I-6 Raghunath S affiliationInternalization of IJVs and Academy of International Business and Shailendra Institutions Conference, Copenhagen, Denmark, Dalbehera July 24-27, 2019 Strategy (S) Strategy

26 I Strategy (S)

I-J IIMB Case Studies @ Harvard Business Publishing

I-J1 Title: Balaji Telefilms Limited

Author: Bharat Khanna, Nitin Bobba, and Sai Yayavaram

whether Balaji should exit the film business remains. I-J2 Title: Delhivery: Leveraging the Platform

Author: R Srinivasan, Sreecharan Rachakonda, and Raj Kovid KR

Summary: This case on Delhivery highlights how a young enterprise had grown phenomenally, embracing a variety of business models – hyperlocal delivery, software-as-a- service, pipeline business models for services, and a platform business model. The case is particularly useful to highlight how each of these business models within

business verticals and stakeholders. Being an advanced case (to be taught later in the firm complement each other, and what value addition they do to each other’s the course), the case narrative includes the network effects and other descriptions

question facing the entrepreneurs as they seek to sustain their core (technology) of the platform business model. The case is positioned as a growth/diversification when the market is yet to tip (achieve critical scale). Strategy (S) Strategy

27 Research and Publications Annual Report 2019–2020

I-J3 Title: Bank of Baroda: Governance Challenges in a Public-Sector Undertaking

Author: Rejie George and M S Sriram

Summary: Bank of Baroda (BoB) is one of the oldest banks in India with a large international footprint. The bank was nationalized in 1969 and was under the control of the government. Ever since the India embarked on the programme of economic reforms of 1991, there were efforts to address the structural and governance aspects of banks. The ideas around reform have included among other things – repeal of the Bank Nationalization Act, to bring it on-par with companies incorporated under the Companies’ Act, disinvestment, and also consolidation of multiple banks. In an effort to infuse new thinking and to reform the banking sector, the government as

laterally from the private sector in 2015. Therefore, BoB (along with Canara a first step, appointed a non-executive chairperson and a chief executive officer Bank) was seen as a bank where the early experimentation of reform in the sector could happen. However, subsequently, there have been mounting concerns in

banking reform process. This case thus illustrates and examines the challenges the banking sector which have created significant challenges associated with the associated with the governance of a large bank with legacy systems and with multiple expectations from various stakeholders arising from the state being a

part owner, and from customers, financial markets, and minority shareholders. I-J4 Title: New Dawn at Bank of Baroda: Project Navoday

Author: Rejie George and M S Sriram

Summary: Bank of Baroda is one of the oldest banks in India with a large international footprint. The bank was nationalized in 1969 and since then has been under the control of the government. Ever since India embarked on the programme of economic reforms of 1991, there have been efforts to change the culture and management of public sector banking enterprises in India. As a part of the larger reform process, the Government of India appointed an independent non-executive chairman for the bank and also laterally recruited the CEO from the private sector banking space. In the light of this move, this case examines the challenges of managing a large bank with legacy systems and with multiple expectations – from customers, markets, and the state. Given the nature of the bank’s incorporation and ownership, it operates under multiple constraints at the operational and governance levels. The case documents the challenges and opportunities at the operational level; examines the process of transformation and raises the questions regarding these changes and whether they could last beyond the current leadership. The case also juxtaposes the experience of the transformation exercise undertaken by the organization in the past to review the progress of some of the erstwhile changes and provides an opportunity to examine the subsequent transformation exercise amidst a severely constrained situation. Strategy (S) Strategy

28 I Strategy (S)

I-J5 Title: Infosys Limited: Governance Imbroglio

Author: J Ramachandran and Diptiprakash Pradhan

Summary: This case provides a platform to discuss the role of the board in the governance of a corporation. Extant discourse on the role of the board is largely centered on the challenges of monitoring managerial behavior and as a consequence on board independence. The two other critical tasks of the board – mentoring the leadership (based on expertise) and maintaining continuity with robust succession of both the board and the executive leadership – are not as well documented. Set in 2019, this case documents the rollercoaster ride of Infosys Limited – India’s second largest software services company – from an icon of corporate governance to its

whistle-blower allegations of governance failures. The case helps demonstrate the fall from grace after an ugly fight between its co-founders and the board, following importance of issues related to board succession (to ensure continuity) and board capital (to guide strategic choices) that are often overlooked.

I-J6 Title: Grab.in Enabling Hyperlocal

Author: R Srinivasan, Sandeep Lakshmipathy, and Pramoth Joseph

Summary: The case on Grab.in analyzes the hyperlocal delivery business in India, and provides details on how the founders built a business around outsourced delivery of food, grocery, and e-commerce packages. Through meticulously evolved business operations, the founders of Grab have ensured sustenance of the delivery outsourcing model by alleviating business outlets of having to maintain in-house delivery personnel. With growing demand for home service, customer mindset is more open than ever to pay a convenience fee for home delivery of food or grocery from their nearby favorite outlet. Grab.in has piggybacked on this mindset, and backed by increasing penetration of smartphones and Internet, it has enabled local businesses to expand customer reach. When used as an introduction to multi-sided platforms, this case can help the student understand the hyperlocal space, the challenges that food and restaurant businesses face and how these delivery service platforms help address the same. It should help the students appreciate how a technology platform brings differentiation to the traditional food and grocery delivery space, and how a platform business model can provide and the hyperlocal delivery platform, the case study helps illustrate the business model significant competitive differentiation. By presenting details on Grab.in while bringing forth the challenges in the same.

I-J7 Title: Zomato™ Gold Platform Overreach

Author: R Srinivasan, Sandeep Lakshmipathy, and Pramoth Joseph

Summary: This case discusses the hyperlocal food delivery business firm ZomatoTM and (S) Strategy its business model. The case outlines how the firm went ahead and enhanced

29 Research and Publications Annual Report 2019–2020

its business model to launch their new loyalty programme called Zomato Gold. It focuses on the sustainability of the hyperlocal business delivery model and the challenges faced by it to succeed and deliver against competition. This case outlines how Zomato put to disadvantage one of the platform participants and how this turned out for the platform as a whole. It also delves into an analysis of the loyalty programme to review the critical aspects of platform overreach and how it altered the network effects of this multi-sided platform business. The case can be used to teach the downsides of multi-sided platform business model – how

of the platform participants, remedial measures that need to be undertaken to an overreach on any one aspect of the platform sides can threaten the fine balance

restore confidence, and how platforms need to deal with the new normal that emerges after these confidence lowering incidents. I-K Leading Journal Publications

Journal articles which have appeared in leading academic journals, listed in Financial Times 50, UT Dallas.

I-K1 Authors: Saptarshi Purkayastha, Rajaram Veliyath and Rejie George

Title: The Roles of Family Ownership and Family Management in the Governance of Agency Conflicts

Journal: Journal of Business Research

Abstract: The study examined the interplay of the two separate governance dimensions of dominant ownership and management control that differentially affected the

as their respective impacts on shareholder value. The sample comprised 675 prevalence of Principal-Agent (PA) and Principal-Principal (PP) conflicts, as well

Indian firms examined during the period 2006–2015. Dominant family ownership reduced the negative impacts of PA conflicts, while exacerbating the negative impacts of PP conflicts on shareholder value. However, when family ownership was combined with non-family management, the negative effects of PA conflicts were minimized, while creating a favorable impact of PP conflicts on shareholder value. Thus, the governance configuration that minimizes the undesirable impacts of both types of agency conflicts and is conducive to encouraging stewardship behaviors appears to be one where the influence of dominant (viz., family) owners roles as stewards). is balanced by the executive decisions of non-family managers (officiating in their Strategy (S) Strategy

30 I Strategy (S)

I-L Awards, Honours, and Achievements

I-L1 Prof. Ganesh N Prabhu, Ramya Venkateswaran and Saurabh Pandya, Best Paper Award: Indian Academy of Management Conference 2020.

I-L2 Prof. Ganesh N Prabhu, Ramya Venkateswaran and Saurabh Pandya, Best Paper of the Track Award (Organization and Management Theory): Indian Academy of Management Conference.

I-L3 Prof. J Ramachandran, Best Professor in Strategy Studies’ 2019: Dewang Mehta National Educational Award.

I-L4 Prof. Nilam Kaushik, AOM 2020 Annual Meeting Best Paper Proceedings, Paper titled Gender- Based Preferences for Tech? Field Evidence from an Internet-Of-Things Platform has been judged to be among the best accepted papers in the programme and will be published in the Proceedings of the 2020 Academy of Management Meeting.

I-L5 Prof. Rejie George, Teaching Excellence Recognition, Inside IIM Professor of the Year 2019 (jointly with Prof. Avinash Mulky).

I-L6 Prof. Rishikesha T Krishnan, Illustrious DAVian Award 2019: Award for Alumni from DAV Senior Secondary School, Chennai.

I-M Doctoral Theses Completed by FPM Students during 2019–2020

Sl. Name of the Members of the Dissertation Title No. Student DAC Committee I-M1 Shailen Kumar Internalization of IJVs and Institutions S Raghunath Dalbehera Murali Patibandla, R Srinivasan, V Nagadevara I-M2 Shobha Tewari Essays on the Relationship between S Raghunath Financial Slack and Strategic Decisions Pulak Ghosh Ganesh N Prabhu I-M3 Sachidananda B S Opportunity Pursuit as a Socio- Suresh Bhagavatula Cognitive Process: A Micro-Analysis of Srinivasan R Entrepreneurs, Venture Ideas and Social Rejie George P Interactions Dalhia Mani

I-N Dissertations Proposal by FPM Students during 2019–2020

Sl. Name of the Topic Date No. Student I-N1 Ravi Shankar Ecosystem Emergence: The Case of Electric Vehicle August 5, 2019 Pandey Ecosystem in India Strategy (S) Strategy

31 Research and Publications Annual Report 2019–2020

I-O Papers Presented by FPM Students in Conference/Seminar during 2019–2020

Sl. Details of the Name of the Student Title of the Paper Date No. Conference

I-O1 Ravi Shankar Pandey Ecosystem Emergence: 7th PANIIM World December The Case of Electric Vehicle Management 12-14, Ecosystem in India Conference, IIM 2019 Rohtak

I-O2 Ravi Shankar Pandey, Compassion Organizing European Group July 2-6, Prof. Yidi Guo, Prof. Quy under Resource Scarcity: of Organisation 2019 N Huy, Enlan Wang, Prof. Providing Free Quality Health Studies (EGOS) 2019, Ankur Jain Care in India Edinburgh, UK

I-O3 Ravi Shankar Pandey, Compassion Organizing Academy of August Prof. Yidi Guo, Prof. Quy under Resource Scarcity: Management Annual 9-13, 2019 N Huy, Enlan Wang, Prof. Providing Free Quality Health Conference 2019, Ankur Jain Care in India Boston, United States

I-O4 Ravi Shankar Pandey Ecosystem Emergence: The SMS Annual October Case of Electric Vehicles in Conference, 19-22, India Minneapolis 2019

I-O5 Ashwin Iyenggar To Persist or to Trace Back? December Decisional Responses in the and Strategy 13-14, Artificial Intelligence Face of Reversal Workshop, Indian 2019 School of Business, Hyderabad

I-O6 Ashwin Iyenggar Sustaining Novelty in Strategic Marc 25- Knowledge Creation Management Society 27, 2020 Special Conference, Berkeley

I-O7 Caruna Bhat Network Evolution of The 5th Annual October Director Interlocks and ICGS Conference: 12-13, Organizational Performance Corporate 2019 Governance in Changing Institutional Environments, Essex Business School, University of Essex, Colchester, United Kingdom Strategy (S) Strategy

32 I Strategy (S)

Sl. Details of the Name of the Student Title of the Paper Date No. Conference

I-O8 Caruna Bhat and Necessity Entrepreneurship Academy of October Punyashlok Dwibedy in Developing Economies: Management 23-25, The Role of Human & Social Specialized 2019 Capital Conference, Bled, Slovenia

I-O9 Abu Rehan Abbasi and Strategic October Prof. Rejie George Management 19-22, The Moderating Influence and Ownership in the Society’s Annual 2019 of Product Diversification Relationship between Conference, Minneapolis, US and Firm Performance Geographic Diversification I-O10 Sachidananda B S A Meta-Pattern of INDAM 2020, IIM January Entrepreneurial Idea Trichy 2-4, 2020 Transitions

I-O11 Sachidananda B S and Catching an Imaginary Bird Babson College June 5-8, Prof. Suresh Bhagavatula in the Bush, or Chasing the Entrepreneurship 2019 Flock? Research Conference 2019, Babson College, Wellesley, MA, USA

I-O12 Sachidananda B S Opportunity Evaluation Academy of August through Social Interactions Management Annual 9-13, 2019 and Entrepreneurial Micro- Conference 2019, action Boston, MA, USA

I-O13 Shobha Tewari and Prof. S To Be or Not to Be: How Academy of June 23-27, Raghunath Slack Impacts the Choice of International 2019 Internationalization Mode Business Annual Conference, Copenhagen, and Influence of Business Denmark Group Affiliation I-O14 Shobha Tewari and Prof. S To Do or Not to Do: Slack, Academy of July 2-6, Raghunath Internationalization Mode International 2020 Business, Miami, USA

and Ownership Influences Strategy (S) Strategy

33 Research and Publications Annual Report 2019–2020

I-P Publications by FPM Students (Journal articles/book chapters/cases/ book reviews) during 2019–2020

Name of the Name of the Publications Sl. No. Title of the Paper Student Journal/Book Details I-P1 Abu Rehan Abbasi Book Review of “Decision IIMB Vol. 31(3), Making and Business Management September Performance” Review 2019, Pg. 316-317

I-Q Awards, Honours and Achievements by FPM Students in 2019–2020

Sl. Name of the Student Details of the Award Date No. I-Q1 Bibek Bhattacharya St Gallen Wings of Excellence Award for May 8-10, being one of the top 100 contributors in 2019 49th St Gallen Symposium 2019. Moral Capital for Corporate Social Responsibility (CSR): A Case For Good Samaritan Directors Strategy (S) Strategy

34 Economics and II Social Sciences (ESS)

he Area engages in teaching, research, external engagements, T and media and policy outreach in a wide range of fields. These include Behavioural Economics, Development Economics, Environmental Economics, Game Theory, Industrial Organization, IPRs, International Trade, International Monetary Economics, and Labour Economics. It has a good mix of faculty with theoretical, empirical and policy related work. Some have been members of national and international expert committees in their fields of expertise.

The ESS Area has a vibrant doctoral programme, attracting candidates from reputed programmes in Economics as well as other disciplines from universities and programmes in India and abroad. PhD candidates have specialized in many of the above fields and have also published their thesis work in reputed international journals. Many have been placed successfully at other IIMs and Management institutes in the country. Some have undertaken post-doctoral research fellowships and some others have joined industry and research/policy think tanks.

The ESS Area provides job opportunities in the form of Academic Associate and Research Assistant positions. to aspiring young candidates who wish to pursue an academic career and develop the required academic skills. Some ESS Academic Associates and RAs have gained admission to reputed doctoral programmes in Economics and Public Policy overseas, including Notre Dame, Penn State, Arizona State, and George Mason University, among others. Some have eventually obtained faculty and research positions at institutions overseas and in India.

The Area has an active presence in the institute through its Brown Bag talks for students, RAs, Academic Associates, and faculty members. It also participates in organizing institute-wide research seminars by visiting faculty and scholars from Indian and overseas universities. Economics and SocialEconomics Sciences (ESS)

35 Economics and Social Sciences (ESS) II-A4 II-A3 II-A2 II-A1 Research andPublications II-A 36

Summary: Project Team: Climate Change Financial andEconomicWaste Solid Aspects of Management in IndiaandItsRelevance to Status: Sponsor: Summary: Project Team: Madrid Protocol, World Intellectual Property Organization (WIPO) Marketing Strategies Campaign International for Trade Mark Registrationunder the Status: Sponsor: Summary: Project Team: (GCF) andtheNationalImplementationStrategy forIndia ProsperityFund IndiaProgramme -International Climate Finance: Green Climate Fund Status: Sponsor: Summary: Project Team: Research Financing StrategiesImplementing forState Action Plans on Climate Change: Follow-up Status: Sponsor: Research Projects

Ongoing WIPO, Genev companies. This project aimst Damodaran A Ongoing DFID Project, BritishHig and G20countries. projectThe Damodaran A Completed DFID andMinistryofFinance,Government ofIndia The project aimsto stud Damodaran A Completed GIZ-ASEM, German management withreference to Karnataka. project The Damodaran A Annual Report 2019–2020 aims to study the climate financing systemsstudytofinancing climatestrategies aims the and forIndia aims to analyse the financial and economic aspects of solid waste solid of aspects economic and financial the analyse to aims a y-India o study the trade markstrategy for India’s Make inIndia y thestate-level strategies for climate changemanagement. h Commission II Economics and Social Sciences (ESS)

II-A5 Economics of IP and International Technology Transfer’s World Intellectual Property Organization (WIPO), Geneva

Project Team: Damodaran A

Summary: The project aims to conduct three economic studies on intellectual property with reference to the WIPO treaties and transfer of technology.

Sponsor: WIPO, Geneva and DIPP

Status: Ongoing

II-A6 WIPO IPR Economic Studies Project

Project Team: Damodaran A

Summary: The project in its initial phase explored the economic dynamics of IPRs in the developing context. The report was submitted in 2017 to the WIPO. The current phase of the project explores the link of IPRs and development goals in the creative industry.

Sponsor: WIPO

Status: Ongoing

II-A7 Management Frameworks for Creative Industries: State of Art and New Paradigms

Project Team: Damodaran A

Summary: In the international context, the focus on Intellectual Property Rights (IPRs) has generated interest in the capital formation potential of creative industries. Indeed the economic and institutional crisis faced by performing arts theatres

(1957), Throsby (2009), Rizzo and Throsby (2006), Mulcahy (1991) and Frey in advanced and affluent countries has been explored by Baumol and Bowen (2000). Though literature abounds on the policy and aesthetic essence of arts that belong to developing and emerging countries, there is scant in-depth information on current management practices, and the methods and tools of

financing arts organizations. Information on the scale and predictability of contributing to the GDP and capital formation process in developing countries government financing of art organizations and the role of these organizations in

assess the role of new technologies (including digital technologies) in improving is scanty. In the absence of information on these aspects, it is difficult for one to existing operational systems in art-based organizations based on modern management systems. In India, where academic attention on the management and economic dimensions of arts organizations has remained unexplored, there have been efforts to lay down policy approaches towards art and culture. These policy statements do not highlight the management dimensions of art

organizations. In recent times, Damodaran and Chavis (2017) have explored the and SocialEconomics Sciences (ESS)

37 Economics and Social Sciences (ESS) Research andPublications II-A10 II-A9 II-A8 38

Project Team: Information, Market Creation andAgricultural Growth Status: Sponsor: Summary: Project Team: Nogaku Theatre inJapan:Comparison withIndia’s Kutiyattom UNESCO’sImpacts of Intangible Cultural (ICH)TagHeritage of on theSustainability Status: Sponsor: Summary: Project Team: Applying Distributed Network Technologies to Spices Commodity ChainsforCompetitive Status: Sponsor: Summary:

economic and institutional crisis facedinstitutional economic and byPerforming Classical with India Artsin The study aims to stud Damodaran A Ongoing IIM Bangalore from theAtlantic to theUnited States. branching asshipments crossed the Capeof Good Hope to reach theAtlanticand EuropeanLater,ports. the spiceroute setby Vascounderwent daGama further commenced from Calicut/Cochin,andcircled theCapeofGood Hope to reach the developmenta new for the spices route. The post Vascospices daGamaroute Europe. With Vasco da Gama’s discovery of (Calicut)in1498, Malabar there was conducted by Arabs through thelandroute andacross the Capeof Good Hope to of Hormuz towards theMediterraneanthen toand Europe. Thistrade was travelfrom Cochin to theArabianand acrossSea theportofAden andtheGulf route since timeimmemorial.Theoldestspiceroutes oftheworldinvolved India’s spicesexports (notabl Damodaran A Ongoing IIM Bangalore other artorganizations. of the stated preference approach. Asimilar approach is called for in thecase of this study consumer include behaviour approachesinvolve that theapplication reference to thetheatre form, Kutiyattom. The tools andtechniques employed in agricultural production, sustainabilityandincomeoffarmers? on agriculture. Italsoexploresimpact does –What new information have on project The Gopal Naik Ongoing India JapanStudy Centre atIIMBang their recognition by UNESCO asintangibleheritageofhumankind. Annual Report 2019–2020 deals with identification of direct and economy-wide impact of ICT of economy-wideimpact and direct of identification with deals y impact of Nogakuy impact artform from ofJapan theangleof y pepper and cinnamon) havecinnamon) y pepperand followed thespices alore II Economics and Social Sciences (ESS)

Sponsor: ESRC and IIM Bangalore

Status: Ongoing

II-A11 Building English Proficiency through Tele-education in Government First Degree Colleges

Project Team: Gopal Naik

be built in Government First Degree Colleges through tele-education. Summary: The objective of the study is to assess the extent to which English proficiency can Sponsor: Higher Education Department, Government of Karnataka

Status: Ongoing

II-A12 Hybrid Geospatial Technology for Improving Crop Area Data Management in India

Project Team: Gopal Naik

Summary: We propose a hybrid geospatial technology which combines remote sensing with GPS-GIS as a potential method of overcoming this problem. We illustrate the methodology for a village unit in India and assess the performance of this

holdings are small, individual crop plot sizes are small, and crop diversity is methodology. This is particularly beneficial in countries like India, where the high.

Status: Ongoing

II-A13 Assessing the APMC Reforms in Karnataka

Project Team: Gopal Naik

Summary: The objective of the study is to assess the extent to which the reforms have been implemented and impact of these reforms on market participants.

Sponsor: Government of Karnataka

Status: Ongoing

II-A14 How Innovation and Best Practices Aid in Value Creation and Realization? A Case Study of Akshayakalpa in the Dairy Sector

Project Team: Gopal Naik and Prashant Chintapalli

Summary: Dairy farming forms a secondary source of income for around 70 million rural households, who together produce an estimated 139 million tonnes of milk annually. India is also one of the largest consumers of milk and milk products; and as of 2014, the industry was estimated at $70 billion (The Hindu Business, 2014). Cooperatives such as Amul play a key role in the milk industry, particularly by handling the production and marketing of milk. This has aided in higher value Economics and SocialEconomics Sciences (ESS)

39 Economics and Social Sciences (ESS) Research andPublications II-A16 II-A15 40

Summary: Project Team: Performance andWelfare ofFarmers Machine Status: Sponsor: Summary: Project Team: Ministry ofHumanResources Development, Government ofIndia VillageAdoption to Catalyse RuralDevelopment under theUnnatBharat Abhiyan of Status: Sponsor:

Learning

realization for the milk producing farmers. However, there are many questions Ongoing IIM Bangalore The selected villages show varying statusonseveral indicators. studybe onagriculture, will drinkingwater, education,healthandemployment. Bengaluru,as well as having reasonableaccessibility from The IIMB.focus of the of Gram Panchayatsis basedoncriteria suchasdistancefrom large citieslike Panchayats inMadhugiri taluks of Tumkur Karnataka. The selection district, The project will Gopal Naik, Ongoing IIM Bangalore cattle feed, careless useofantibioticsandpoorfarm practices (FSSAI, 2018). consumption andthemainreasons for werecontamination meagreof quality 10% ofthetotalanalyzedsamples makethat hadcontaminants unsafe it for According to the results of the FSSAI’sSurvey,Quality NationalMilk 2018, about is foundmilk to bethemosthighly adulterated food product inIndia(Neo, 2019). and regulations by theFood Safety andStandards Authority of India (FSSAI), and Dairying,2019). Despiteand impositionofstrictfood itslaunch safety rules better proceduresmilking at the farmer level (Departmentof Animal Husbandry Productionaims to (SIQ-CMP)that improve byof milk quality implementing Strengtheninglaunched aSchemecalled Infrastructure for &CleanMilk Quality 2003-04, in India of Government the it recognizing and challenge; significant safeproduction milk movementits and the dairyvaluein a chain hasbeen supplied toof milk the quality about consumers. freeChemical andpathogen 2. 1. The study aimsto achie Gopal Naik

prediction. Develop machine (ANN). Network Neural Artificial and model (ARIMA) Average Moving Integrated endogenous and exogenous factors through integrated Auto Regressive Develop Models Annual Report 2019–2020 and UDineshKumar

Arnab Mukherjee Ramesh GandArnabMukherjee to a multivariatea forecastingyield price and both model using

Create be undertaken in3Gram Panchayats inTipturand2Gram learning (ML) algorithm basedmodels for crop disease

ve thefollowing: a

Robust

Farm

Advisory

Syst em

Improv

Farm

II Economics and Social Sciences (ESS)

3. Build an early warning system by predicting crop disease, crop failure, and farmer distress in a region due to prevalent diseases and weather conditions.

Sponsor: DST, Government of India

Status: Ongoing

II-A17 International Trade and Firms – Exploring Relationships between Firm Performance and International Trade

Project Team: Rupa Chanda, Rahul Singh and Ankita Dash

Summary: The past few years have witnessed a major flux in trade literature with the focus shifting from trading nations to trading firms. The next generation New Trade Theory has enriched analysis of international trade with active use of firm-level Traditional trade theories and New Trade Theory have limitations in predicting data since it is firms that actually engage in exchange of goods and services.

international trade patterns involving firms since their basic assumption of representative firms within an industry is essentially fallacious as in reality all Sponsor: firmsIIM Bangalore are not qualitatively equal in terms of productivity.

Status: Ongoing

II-A18 Implications of RCEP Services Agreement for India

Project Team: Rupa Chanda

Summary: This study assesses the potential gains and losses from a services agreement for India under the prospective RCEP agreement among India, ASEAN, Japan, China, Korea, Australia and New Zealand.

Sponsor: Ministry of Commerce, Government of India

Status: Completed

II-A19 Assessing the SABAH Project

Project Team: Rupa Chanda

Summary: A case study was prepared to highlight the outcomes, impact and challenges of the SABAH project in the SAARC region. This study will be used in business schools in South Asia.

Sponsor: SAARC Development Fund (SDF), Thimphu

Status: Completed Economics and SocialEconomics Sciences (ESS)

41 Economics and Social Sciences (ESS) Research andPublications II-A23 II-A22 II-A21 II-A20 42

Summary: Project Team: Role ofIndianInformationTechnology Firmsin“Factory Asia” Status: Sponsor: Summary: Project Team: UK-India Trade Prospects inServices: andChallenge Status: Sponsor: Summary: Project Team: Regional HarmonizationProcesses andHealthWorker Mobility Status: Sponsor: Summary: Project Team: India-Japan Trade inServices

Completed UK Departmentfor International T services ofselected sectors. The study e Completed WHO, Genev This study describes and Completed India JapanStudy Centre, IIMBang This study aimst build the entirebuild supply chaindomestically toto beable supply products. Now, itis worked indifferent ways after the ICT revolution.Earlier, itwasto important providesthe theoretical with us underpinnings. Histhesis states trade that has paper, ‘Trade andIndustrializationafter Globalization’s 2ndUnbundling’ chains, inparticular, thoseofSingaporeAsia. Richard andSoutheast Baldwin’s Wew Subhashish Gupta Rupa Chanda global governance instrument for health worker migration. addresses keythe potential issuesand Code, as a Global of WHO contribution potentialpolicy optionsto optimizeregionalharmonization processes and regions, and discusses the associated challenges andopportunities.Itprovides the regulationprofessionalsof health across various economic regions and sub- Rupa Chanda bilateral servicestrade and investment. provide and will forunderstanding oftheopportunitiesandchallenges an trade inservices be basedonsecondary with Japan.Itwillandprimary research Rupa Chanda ould like to investigate the presence of Indian IT firms in the global value global the in firms IT Indian of presence investigatethe to like ould Annual Report 2019–2020 a xamines the prospects for toand challenges trade India-UK in andPralok Gupta andKalpanaTokas (IMI,Delhi) o understand the impactof the India-JapanCECA on India’s , MandarOakandDeeparghya Mukherjee contrastsregional harmonization processes concerning rade alore II Economics and Social Sciences (ESS)

possible to build and export very sophisticated products using the supply chains that reside in other countries. For instance, Apple computers are produced in China but the design, software and marketing reside in different countries. The value added from Chinese manufacturing is fairly small compared to value added from the other components. So, the competition between countries is no longer in terms of products but in terms of a position in the supply chain.

Sponsor: IIM Bangalore

Status: Ongoing

II-A24 Keiretsus and Indian Business Houses: A Comparative Study

Project Team: Subhashish Gupta and Mandar Oak

Summary: Japanese business houses or Keiretsus were a novel feature of industrial organization in Japan. Among its distinguishing features were cross shareholdings among the group companies and the use of a main bank. The network linkages have decreased over time, particularly with the upheaval in the banking sector,

their Keiretsu linkages. but still exist. We study the implications of Japanese firms entering India and Sponsor: India Japan Study Centre, IIM Bangalore

Status: Ongoing

II-A25 Building Strategic Capabilities in Emerging Market Firms

Project Team: S. Raghunath, P D Jose, Ashok Thampy, Ashis Mishra, and Subhashish Gupta

Summary: Emerging market firms have become an increasingly influential component of the global economy. Both scholars and firm managers are realizing that these counterparts that help them build new business models for global competition. firms possess a different mix of capabilities compared to their developed world

However, as these firms expand globally and encounter increasingly sophisticated competitors, managers of emerging market firms realize that some of the capabilities that enabled their firms to succeed at home do not transfer well abroad, that their firms capabilities are new and in some cases suffer from relative disadvantages in their capabilities stemming from their more sophisticated to compete in a wide variety of countries, and that the firms country of origin.

Sponsor: IIM Bangalore

Status: Completed Economics and SocialEconomics Sciences (ESS)

43 Economics and Social Sciences (ESS) Research andPublications II-A28 II-A27 II-A26 44

Summary: Project Team: onBusinessManagement Series Sampada Status: Sponsor: Summary: Project Team: Dynamic Income Tax Enforcement Status: Sponsor: Summary: Project Team: Expenditure IntergenerationalCorrelation in Earnings: TheRole ofthePrivate Share inTotalHealth

strategy. also alter; it must beabestresponse, in aninter-temporal manner, to the audit sense to enrich audit strategies.payer’s then,thetax But reporting strategy will reports. Asthere islikely to becorrelationof incomes across periods, it makes only thecurrentperiod’s reportedto go back also income;can it income past We formalize this withatwo-period audit cancondition model. Incometaxnot enforcement bedesigned when people’s incomes evolve over time stochastically? this paper,In w Manaswini Bhalla Ongoing IIM Bangalore care. endogenous andisdetermined byprivateand public both investmentin health in atwo-period overlappinggenerations growthmodel inwhich is mortality explainingthe intergenerational transmission of income.We examine thisissue the mixof health expenditure between andprivatepublic care health plays in objectiveOur isto examine boththeoretically andempirically therole that mixtureprivate and ofpublic and acrosswithin spending both health countries. carerisingbeen inmostcountries,there has are considerable differencesthe in of income.Althoughmobility thetotaland privatespending onpublic health and privatepublic healthexpenditure in aneconomy andintergenerational careor shouldbepublicprivate by examiningbetween thelink theshares of This project contributes t fifteen years! He also realized that these years had been immenselyyearsbeen challenging these had realized that years!fifteenalso He struck to him then he that had beenaninstructor forin management close to It insights. and memories ideas, of number a by flooded was he conversation, the During 2005. early in office his in place took that meeting a in publishers The origin of Ramnath Narayanaswamy Ongoing IIM Bangalore Chetan Subramanian andShailenderSwaminathan Annual Report 2019–2020 this series goes toback asuggestionmadeto theauthorby his e aresimple objective: concerned a about howshould incometax , andParimal Bag o thegrowingdebate onwhether thedelivery ofhealth II Economics and Social Sciences (ESS)

yet fulfilling and rewarding. While he had embarked upon innovative forays in some of these domains, his biggest challenge in more ways than one was in creativity, leadership and spirituality by floating successful elective courses however the core course that he currently taught at IIM Bangalore called Business, Government and Politics in Indian Society.

Sponsor: IIM Bangalore

Status: Ongoing

II-A29 Caste Fractionalization and Public Good Provision in India

Project Team: Ritwik Banerjee

Summary: Data shows that public good provision in India decreases with an increase in caste-based fractionalization. While past research documents this association, the causal interpretation and the deeper mechanisms driving the result is an open question. This project aims to plug this gap by identifying the precise causal connection between caste fractionalization in India and under-provisioning of public goods. Our hypothesis is that the under-provisioning of public good is driven, in part, by associative distaste emanating from sharing a public good. For example, suppose people from different castes need to coordinate to build a well or lobby with local authorities to build that well. In a more fractured village, people may be less likely to coordinate and build the well because they have a distaste for sharing the public good with outgroup members. This form of associative distaste is markedly different from free riding, the dominant theme examined in the context of public good provision. Our study aims to disentangle all possible alternative explanations. In doing so, we will also examine if punishment mechanism can be used to sustain high levels of public good and how punishment as a strategy is deployed by different caste groups belonging to different levels of social hierarchy. We will study this in the context of Bihar.

Sponsor: International Growth Center

Status: Ongoing

II-A30 On the Link between Tax Non-Compliance and Embezzlement: Experimental Evidence

Project Team: Ritwik Banerjee, Amadou Boly and Robert Gillanders

Summary: Developing countries are typically characterized by “hard-to-tax” sectors (e.g. small/informal businesses or subsistence farmers), due to the lack of information on revenues. This lack of information poses substantial enforcement problems and provides ample opportunity for tax non-compliance. In such a context, voluntary tax compliance can be instrumental in increased revenue mobilization. Economics and SocialEconomics Sciences (ESS)

45 Economics and Social Sciences (ESS) Research andPublications II-A32 II-A31 46

Project Team: Economic andBehavioral ImpactsofAnti-DiscriminationPolicy intheContext of Caste Status: Sponsor: Project Team: Project Project Identity, 1:Social Taste BiasandUnder-Provisioning ofPublicGoods” Status: Sponsor: Summary: Summary:

Discrimination

IIM Bangalore Completed VRSP, IIMBang Completed to minimize stigma effects and stereotyping effects, atwhat agesinterventions issues relatingto the effective design of such policy remain. These include how settings where discrimination is deep-rooted. However, anumberofunresolved policy hasbeennegative, more andmore research isshowing positive effects in (AA) action affirmative to economists of response traditional the While 2000). majority oftheworkfocusing ondeveloped economies (Holzer andNeumark, impacts of anti-discrimination (AD) policies across the socialsciences, with a Recentyears haveincreased seen an interestnon-economic economicand in the Ritwik Banerjee caste groups belongingto different levels ofsocialhierarchy. levels ofgood public andhow punishmentasastrategy is deployed by different so, weexaminealso will used tobe if punishmentmechanism can high sustain distaste arising fromcommon resource sharinga the outgroup. with doing In a structuralmodel andrunningacarefully designed experiment to identify study aims to disentanglepossible allalternative explanationsby writingdown free riding, the dominantthemeexamined inthecontextgood. of publicOur outgroupmembers. Thisform ofassociative distaste ismarkedly differentfrom and buildthewellbecause they have adistaste for sharing good the publicwith build awell. Inamore fractured peoplemayvillage, beless likely to coordinate To give anexample, suppose people from different castes need to coordinate to good public isdriven, by associative inpart, distastefrom emanating sharing. provisioning ofgoods. publicOur hypothesis is that theunder-provisioning of precise connection betweencausal caste fractionalizationunder- and in India resultquestion. Thisprojectisopen an aimstothis gap plug by identifyingthe association, interpretationthe causal andthedeeper mechanisms driving the each other,goods becomescarcer. public researchpast While documentsthis fractured, i.e.theshare ofvarious socialgroupsgets closer inthepopulationto caste-based fractionalization.This pattern indicatesif asociety thatismore showsData good provisionpublic that in Indiadecreases increasewith an in Ritwik Banerjee Annual Report 2019–2020

Fairness alore andNabanitaDattaGupta andAnujitChakraborty

–

Evidence

from

Online

Labor

Market

II Economics and Social Sciences (ESS)

should take place, whether these policies carry disincentives for skill investment and if there are any effects on the majority. Above all, there is a lack of research linking anti-discrimination policies to the individual level.

Sponsor: IIM Bangalore

Status: Ongoing

II-A33 Social Identity, Caste Bias and Under-Provisioning of Public Good

Project Team: Ritwik Banerjee, Ashokankur Datta and Arka Roy Chaudhuri

Summary: Data shows that public good provision in India decreases with an increase in caste- based fractionalization. This pattern indicates that if a society is more fractured, i.e. the share of various social groups in the population get closer to each other, public goods become more and more scarce. While past research documents this association, the causal interpretation and the deeper mechanisms driving the result is an open question. This project aims to plug this gap by identifying the precise causal connection between caste fractionalization in India and under provisioning of public goods. Our hypothesis is that the under provisioning of public good is driven, in part, by associative distaste emanating from sharing. To give an example, suppose people from different castes need to coordinate to build a well. In a more fractured village, people may be less likely to coordinate and build the well because they have a distaste for sharing the public good with outgroup members. This form of associative distaste is markedly different from free riding, the dominant theme examined in the context of public good. Our study aims to disentangle all possible alternative explanations by writing down a structural model and doing some careful data analysis.

Sponsor: IIM Bangalore

Status: Ongoing

II-A34 Choices of Agricultural and Nonagricultural Occupations and Earnings in India

Project Team: Tirthatanmoy Das

Summary: The objective of this study is to examine how individuals choose between agricultural and nonagricultural occupations in India, and assess how these

estimate a tractable empirical structural model to examine the relationships choices influence their overall earnings distribution. Specifically, it intends to

occupations. To my knowledge, there exists no study that analyzes occupational between heterogeneity in occupation specific skills and the choices of choices in India in the context of unobserved skill heterogeneity. This study aims

to fill this gap. Economics and SocialEconomics Sciences (ESS)

47 Economics and Social Sciences (ESS) II-A35 II-A37 II-A36 Foundations ofApplied Macroeconomics: APolicy Rate Approach Research andPublications 48

Project Team: Dispersion, Status: Sponsor: Status: Sponsor: Summary: Project Team: Understanding Exchange Rate Movements: Role ofEquity Investors Status: Sponsor: Summary: Project Team: Status: Sponsor: Summary:

Markup

of United States andotherdeveloped economies. respectThus with to share, thechanges inlabour follows India theexperiences tothere documentthat is a secular declinesharein labour from 19902010. till interest for the current study. We useacomprehensive _RMlevelProwess, data, decline in labourshare in anumberof countries, including India,theeconomy of share inUnited States andother economies. (2017) Dao etal.have documented a and Neiman (2013), Autor (2017) et al. have documented a decline in labour and markups inUSandacross the world. Anumberofstudies like Karabarbounis There hasbeenasurge ofinterest ininvestigatingthe evolution share oflabour Ongoing IIM Bangalore Vivek Moorthi Ongoing IIM Bangalore comprises themostimportantModuleIIIofacomprehensive macro text. The mini-book withtheabov Vivek Moorthi Ongoing IIM Bangalore Ongoing IIM Bangalore in research journalsandtexts. The role of equity investment inthese movements hasbeencompletely neglected presentat inmosteconomies, relative to thecurrentor trade account balance. flow Capital Srinivasan Murali

and Annual Report 2019–2020

Labour s play an increasingly dominant role in determining exchange ratesexchange determining in role dominant increasingly an play s

Share e title, fore title, which a basicproject grant is sought,

II Economics and Social Sciences (ESS)

II-B Articles in Academic Journals

Sl. Details of Authors Title of Paper Name of Journal No. Publication

II-B1 Subhadip Trade Liberalization and European Journal Vol. 31, 2019, Mukherjee and Indian Manufacturing of Development Pg. 984-1062 Chanda, Rupa MSMEs: Role of Firm Research Characteristics and Channel of Liberalization

II-B2 Damodaran A, Ecosystem Services Vol. 36, April David Meyers and Biodiversity Conservation in 2019, 100903, The Biofin approach to Onno van den Urban Ecosystems: The Case Pg. 1-14 Heuvel of Bangalore in India

II-B3 Dutta, Souvik and Do Social Networks Economic & Political Vol. 54 (37), Abhirup Sarkar Facilitate the Spread of Ponzi Weekly September Schemes? 2019, Pg. 26-32

II-B4 Naik, Gopal, Impact of Use of Technology World Development Vol. 127, March Chetan Chitre, on Student Learning 2020, Pg. 1-28 Bhalla, Manaswini Outcomes: Evidence from a and Jothsna Rajan Large-scale Experiment in India

II-C Books

II-C1 Ramnath Narayanaswamy

Consciousness in Management

Volume 1, Sampada Publications, Bangalore, August 2019

II-C2 Ramnath Narayanaswamy

Consciousness in Management

Volume 2, Sampada Publications, Bangalore, March 2020 Economics and SocialEconomics Sciences (ESS)

49 Economics and Social Sciences (ESS) Research andPublications II-D3 II-D2 II-D1 II-E II-D Sl. No. Sl. No. 50 II-E1 II-E2

Chapters i Working Papers Chanda, Rupa Chanda, Rupa Chanda, Rupa Bhalla Neena Pandey, Bandyopadhyay and Subhajyoti Dalhia Souvik andMani, Prithwiraj, Dutta Mukherjee, Authors , Manaswini Author n Books India Contributions to and of Characteristics UK: AnOverview Diaspora inthe The Punjabi Sector in India’s Service and Challenges Opportunities Trends, Partners Asian FTA Services with Integration in India’s Title ofChapter

Annual Report 2019–2020 Policy Role of DigitalDivideZero-Rating in Optimal of Clickbait The AntecedentsRebroadcast and Consequences Routledge, UK in Europe, Diaspora Report 2019: India Migration Performance and Developments Policies, Sectoral Macroeconomic Economy-II: Indian Partnership Economic Comprehensive the Regional Challenges with Prospects and in Asia:Key Integration Economic Title ofBook Title S Irudaya Rajan Uma Kapila Mukherjee Deeparghya Editors Working 2019, Pg. 60-80 Routledge, UK, Pg. 497-536 2019, Foundation, Academic Pg. 117-143 2019, Routledge, Paper IIMB 591 592 Publication No. Details

2019 2019 Year II Economics and Social Sciences (ESS)

IIMB Working Sl. No. Author Title Year Paper No. II-E3 Bhalla, Manaswini Firms of a Feather Merge Together: Cultural 598 2019 Manisha Goel, VSK Teja Proximity and M&A Outcomes Konduri and Michelle Zemel II-E4 Bhagavatula, Suresh, Cultural Diversity in Corporate Boards and Firm 599 2019 Bhalla, Manaswini, Outcomes Manisha Goel and Balagopal Vissa II-E5 Bhalla, Manaswini, Social Reform as a Path to Political Leadership: A 600 2019 Kalyan Chatterjee and Dynamic Model Dutta, Souvik II-E6 Saunok Chakrabarty Services Contribution to Manufacturing Exports 602 2019 and Chanda, Rupa and Value-Added: Evidence from India and China II-E7 Damodaran A, Shamta Syriana Once Again? Speculations on the Future 606 2020 Thakkar and Neerja of OPEC Aiyer

II-F Articles in Periodicals, Financial Dailies, and Newspapers

Name of Date of Sl. No. Authors Title of Article Newspaper/ Publication Magazine II-F1 Bhalla, The Caste Is Alive and Kicking in Forbes India April 15, Manaswini and Corporate India 2019 Manish Goel II-F2 Narayanaswamy, Quest to Become Spiritual Deccan May 15, 2019 Ramnath Herald, Oasis II-F3 Narayanaswamy, Essence of Religious Traditions Deccan May 31, 2019 Ramnath Herald, Oasis II-F4 Narayanaswamy, Three Forms of Spiritual Practice Deccan June 24, 2019 Ramnath Herald, Oasis II-F5 Narayanaswamy, Deccan December 25, Ramnath Herald, Oasis 2019 Defining Indian Management II-F6 Narayanaswamy, The Notion of Bharatiya Management Swarajya November 3, Ramnath 2019 Economics and SocialEconomics Sciences (ESS)

51 Economics and Social Sciences (ESS) Research andPublications II-G II-G II-G7 II-G6 II-G5 II-G4 II-G3 II-G2 II-G1 Sl. No. II-F10 Sl. No. 52 II-F9 II-F8 II-F7

of other Institutes, other of etc.) Other Publicati Other Chanda, Rupa Chanda, Rupa Chanda, Rupa Ramnath Narayanaswamy, Ramnath Narayanaswamy, Moorthy, Vivek Polachek and Solomon Das, Tirthatanmoy Moorthy, Vivek Ramnath Narayanaswamy, Ramnath Narayanaswamy, Ramnath Narayanaswamy, Authors Authors ons (Magazines, Monographs, Reports, Working Papers Cheerleaders Corona Calamity:Role ofChina’s Self-Realization andSpiritual Practice Spirituality BringsPositive Outcomes What Bharatiya ManagementIsNot Annual Report 2019–2020 (SABAH) Workers inSAARC Region Project Initiative for Home-Based Strengthening theLivelihood Opportunities andChallenges in Services:Assessmentof Prospects for UK-India Trade Partner Countries Agreement for India’s Trade with Implications oftheRCEP Services Development Must Inform Leadership The Search for SelfRevelation Knowledge to Uncover Wisdom Indian SpiritualityUnlearning Management Insights from G. Rajan, HarperCollinsIndia Community Behind,by Raghuram and theState Leave the The Third Pillar:How Markets Binding Average Treatment Effect Relationships: Estimatinga A NewStrategy to IdentifyCausal Title ofPublication Title ofArticle Thimphu, 2020 SAARC Development Fund, New Delhi,2020 British High Commission, Delhi, August 2020 Ministry ofCommerce, New 2019 Volume 2,SampadaPublications, Consciousness inManagement, 2019 Volume 1,SampadaPublications, Consciousness inManagement, March 2020,Pg. 118-121 Book Review, Vol. 32,Issue1, IIMB ManagementReview, Working Paper IZA Institute ofLaborEconomics IZA DPNo.12766 Standard Business Herald Deccan Herald Deccan Swarajya Newspaper/ Magazine Type ofPublication Name of 2020 March 20, 2019 October 25, 2019 October 02, 2019 November 17, Publication Date of

II Economics and Social Sciences (ESS)

Sl. No. Authors Title of Publication Type of Publication II-G8 Chanda, Rupa Regional Harmonization Policy Brief prepared for Expert Processes of Health Professional Advisory Group, International Regulation: Status, Challenges Recruitment of Health Personnel, and Policy Directions WHO, Geneva, October 2019

II-H Seminar/Conference/Workshop Presentations/Invited Talks

Title of Paper/Session/ Name of Conference Dates of Sl. No. Authors Invited Talk and Venue Event II-H1 Damodaran A Deals with Industry level CEO level Conference, April 9, Strategies for Application of Pune 2019 Blockchains II-H2 Damodaran A Talk on International Economic National Defence College, June 14, System, Institutional Evolution New Delhi 2019 and Reforms (World Bank, IMF, Regional Financial Institutions II-H3 Damodaran A FDP on Data Protection and IILM, Noida September Privacy issues 21, 2019 II-H4 Damodaran A Digital Data Privacy, Protection IIMB-FICCI Conference October 10, and Monetization Models on Digital Data 2019 Privacy, Protection and Monetization Models II-H5 Damodaran A Presentation on Innovative India organized by the November Solutions for Biodiversity National Biodversity 4, 2019 Finance Authority, Chennai II- H6 Damodaran A Environmental Economics: IIM Nagpur February 6, Concepts and Applications 2020 II- H7 Dasgupta, Kunal Enforcement of Non-Tariff ERIA Workshop, March Measures: Does It Matter? Langkawi, Malaysia 23-24, 2020 II- H8 Bhalla, Manaswini, Firms of a Feather Merge 5th International October Manisha Goel, Together: Cultural Proximity Conference of Corporate 11-13, Michelle Zemel, and and M&A Outcomes Governance, Essex 2019 Krishna Teja University, London, UK II- H9 Bhalla, Manaswini Cultural Homophily in 5th International October Manisha Goel, Corporate Boards and Firm Conference of Corporate 11-13, Balagopal Vissa Outcomes Governance, Essex 2019 and Bhagavatula, The paper was nominated for University, London, UK Suresh the best paper award Economics and SocialEconomics Sciences (ESS)

53 Economics and Social Sciences (ESS) II- H21 II- H20 II- H19 II- H18 II- H17 II- H16 II- H15 II- H14 II- H13 II- H12 II- H11 II-H10 Research andPublications Sl. No. 54 Chanda, Rupa Chanda, Rupa Chanda, Rupa Chanda, Rupa Chanda, Rupa Chanda, Rupa Chanda, Rupa Chanda, Rupa Chanda, Rupa Chanda, Rupa Chanda,Rupa Chanda, Rupa Authors on Migration Governance on SharingofGoodPractices of theDimensionsatSeminar India-EU Migration: Overview Mythili Panelist on show, Macros with Awards Jury member, FICCI Healthcare Economy Panelist on State oftheIndian Excellence Awards Jury Member, FICCI Education 1.5 Dialogue India-CanadaTrackDiscussant, Economic Conclave Future ofServicesTrade, India Education inIndia Internationalization ofHigher in Services Workshop on Trade Facilitation Discussant andChair, Regulation in HealthProfessionals Harmonization Processes Reviewing Regional India’s Trade inServices Sustainable Development Trade inHealthServicesand Annual Report 2019–2020 Title ofPaper/Session/ Invited Talk Delhi Organization (ILO), New International Labour ET Now Channel FICCI, NewDelhi ET Now Channel FICCI, NewDelhi Gateway House,Mumbai Kolkata Commerce andIndustry, Bengal Chamberof Bangalore Government ofIndia, Ministry ofCommerce, Services, organized by Global Exhibitionon World Bank,NewDelhi WHO, Geneva Delhi Promotion Council,New the EngineeringExport the WTO, organized by Workshop onIndiaand Michigan Conference, University of DevelopmentSustainable Name ofConference and Venue 2019 July 25, 2019 August 6, 2019 October 15, 2019 October 22, 21, 2019 November 2020 January 15, 27, 2019 November 5-6, 2019 December 2019 June 20, 2019 October 2019 October 12, 2019 July 20, Dates of Event II Economics and Social Sciences (ESS)

Title of Paper/Session/ Name of Conference Dates of Sl. No. Authors Invited Talk and Venue Event II- H22 Chanda, Rupa Economics of Services Trade EXIM Bank Summer June 11, School, RIS, New Delhi 2019 II- H23 Das, Tirthatanmoy Occupational Choices and ERC Sponsored National August 26, Earnings Distribution in India Conference on Labour 2019 Market Issues in India, Centre for Training and Research in Public Finance and Policy, Kolkata II- H24 Soundararajan, Chinese Import Competition Midwest International October Vidhya and Contract Labor: Evidence Economics Conference, 11-13, from India St Louis, Missouri 2019 II- H25 Soundararajan, Chinese Import Competition 15th Annual Conference December Vidhya and Contract Labor: Evidence on Economic Growth 18, 2019 from India and Development at the Indian Statistical Institute (ISI) New Delhi. II- H26 Soundararajan, Chinese Import Competition Indian Institute of October Vidhya and Contract Labor: Evidence Technology Kanpur 2019 from India II- H27 Soundararajan, Chinese Import Competition Indian Institute of May 2019 Vidhya and Contract Labor: Evidence Technology Bombay from India II- H28 Subramanian, Asymmetric Business Cycles Conference at Michigan November Chetan in Segmented Labour Markets State University, East 1, 2019 -Presented at the Midwest Lansing, Michigan, USA macroeconomics II- H29 Jha S. K, Naik, Balancing the See-Saw: European Academy of June 26-28, Gopal and Rajan J Negotiated Stability among Management (EURAM), 2019 Plural Logics in a Hybrid Exploring the Future of Partnership Management, Lisbon, Portugal II- H30 Naik, Gopal, Hegde Hybrid Geospatial Technology Sustainability October V. R., Dash A. and for Improving Crop Area Data and Development 11-14, Basavaraj, K. P Management in India Conference, Ann Arbor, 2019 USA II- H31 Murali, Srinivasan Asymmetric Business Cycles in Bank of Korea Seminar July 10, Segmented Labour Markets Series 2019 Economics and SocialEconomics Sciences (ESS)

55 Economics and Social Sciences (ESS) II- H34 II- H33 II- H32 Research andPublications II-K1 Sl. No. IK Leading II-K II-I II-I-1 Sl. No. 56

Journal: Abstract: Title: UT Dallas. whicharticles Journal have appearedlistedacademic journals, leading in Times 50, Financial in Authors: Murali, Srinivasan Murali, Srinivasan Murali, Srinivasan Articles in Conference in Articles Proceedings N, andBaje,A Naik

, Authors Authors Gopal

Journal , Rao, , Rao, of private signalsalongwithpayoff externalities. literaturegames oncheaptalk audiences withmultiple thenovel addition showachievedbe peace can that paper contributesOur inequilibrium. to the she is tounable communicate credibly withtheother ethnicity. Despite this, we The issue is that if the informed agent is known to favour her own ethnicity, the informed agent achieve peaceby communicatingprivately withtheplayers? ‘informed agent’ is a player who has information which may prevent conflict. Can Weconsider Economic Letters Audiences Ethnic Pathikrit Basu,

Services inRural India? Deliver Technology basedPublic Public-Private Partnership to Why ItHas BeenDifficultfor

Segmented LabourMarkets Asymmetric BusinessCycles in Segmented LabourMarkets Asymmetric BusinessCycles in Segmented LabourMarkets Asymmetric BusinessCycles in Publicatio Conflicts Annual Report 2019–2020 Title ofPaper/Session/ a society on the brink of ethnic conflict due to misinformation. An misinformation. to due conflict ethnic of brink the on society a Title ofPaper Souvik Dutta Invited Talk

with ns

Informed andSuraj Shekhar

Agents: on Economic Growth and 15th AnnualConference Centre Statistical Institute, Delhi Workshop, Indian Macroeconomics Eighth Delhi Series IIT KanpurSeminar Statistical Institute, Delhi Development, Details oftheConference Proceedings Nice, July 8-10,2019 in BusinessandManagement2019, 10th International Research Meeting

Name ofConference A

Cheap and Venue

Talk

Indian

Game

with 2019 17-18, October 23, 2019 September 18, 2019 December Dates of

Multiple Event

II Economics and Social Sciences (ESS)

II-K2 Authors: Vidhya Soundararajan

Title: Heterogeneous Effects of Imperfectly Enforced Minimum Wages in Low- Wage Labor Markets

Journal: Journal of Development Economics

Abstract: We present minimum wage effects across different enforcement regimes. Exploiting state-time variation and policy discontinuities at contiguous districts across state borders in India, we show that the effect of minimum wages on wages

enforcement regimes, estimated wage effects are negligible and employment and employment significantly increases with an increase in enforcement. In weak effects are negative or null. In stricter regimes, wage effects are positive and

results are consistent with theories on imperfect enforcement in monopsonistic strong, and employment effects are positive or null in most specifications. These

employment, and employing instrumental variables for enforcement. labor markets, and are robust to alternative definitions of enforcement and

II-K3 Authors: Vidhya Soundararajan, Arnab K Basu and Nancy Chau

Title: Wage Fairness in a Subcontracted Labor Market

Journal: Journal of Economic Behavior & Organization

Abstract: Labor market subcontracting is a global phenomenon. This paper presents a theory of wage fairness in a subcontracted labor market, where workers confront multi-party employment relationships and deep wage inequities between regular and subcontractor-mediated hires. We show that subcontracting derives its appeal from a downward revision of workers’ fair wage demand when producers delegate employment decisions down the supply chain. Furthermore, subcontracting creates a holdup problem, resulting in wages that workers deem unfair, along with adverse worker morale consequences in equilibrium. These

redress workers’ demand for fair wages. insights reveal the efficiency costs of subcontracting as an employer strategy to

II-L Awards, Honours, and Achievements

II-L1 Prof. Rupa Chanda, Member of International Committee on Health Worker Mobility, Nominated and selected by WHO from international roster of experts, 2019. Economics and SocialEconomics Sciences (ESS)

57 Economics and Social Sciences (ESS) II-N2 II-N1 II-O II-N Research andPublications II-O1 II-O2 II-O3 II-O4 No. II-M II-M1 II-M2 No. Sl. 58 Sl. No. Sl.

Manu Bansal Abhishek Naresh Papers Presented by FPMStudents in Conference/Seminar during 2019–2020 ProposalDissertations by 2019–2020 FPMStudentsduring Rahul Singh Manu Bansaland Rahul Singh Manu Bansaland Rahul Singh Manu Bansaland Prof. Srinivasan Murali Prof. JongKook Shin,and Subramanian, Prof. Chetan Abhishek Naresh, Doctoral ThesesCompleted by 2019–2020 FPMStudentsduring Dutt Nayantara Rahul Singh Name ofthe Name ofthe Name oftheStudent Student Student

Workers Acquisition andMovement ofHigh Skilled Exploring Factors Contributing to theSkill Liberalization India Essays in International Trade inPost

Essays onIndianAgricultural Exports India Labor Markets, BusinessCycles andMonetaryPolicy in Annual Report 2019–2020 Rural Roads andExports Rural Roads andExports Rural Roads andExports in Segmented Labour Markets Asymmetric BusinessCycles Dissertation Title Title ofthePaper Topic Workshop, Bangalore Advanced Graduate DSE, Delhi Winter School2019- IIT Kharagpur Doctoral Colloquium, Kharagpur Doctoral Colloquium, VGSOMKharagpurIIT Souvik Dutta Vidhya Soundararajan Rupa Chanda, Gaurav SGhosh(Ex.Mem) Vidya Soundararajan Rupa Chanda(Cochair) Subhashish Gupta, Details ofthe Conference Members ofthe DAC Committee

2019 August 27, July 1,2019

2019 June 1-15, 10, 2019 December 2, 2020 February 5-6, 2020 February Date

Date

II Economics and Social Sciences (ESS)

Sl. Details of the Name of the Student Title of the Paper Date No. Conference II-O5 Satarupa Mitra Risk Preferences and IZA/DFID December Attitude: An Experimental Short Course 5-6, 2019 Investigation on Programme Evaluation, Kathmandu, Nepal II-O6 Rahul Singh Chinese Import Competition 61st Labor December and Contract Labor: Evidence Economics 7-9, 2019 from India Conference, Patiala II-O7 Rahul Singh Chinese Import Competition Winter School December and Contract Labor: Evidence 2019, Delhi School 10-13, from India of Economics, New 2019 Delhi II-O8 Garima Chaklader Exports and the Gender Wage EPoD ISI IWWAGE July 26, Gap in Post-Liberalization Summer School 2019 India Workshop, ISI Delhi

II-Q Awards, Honours and Achievements by FPM Students in 2019–2020

Sl. Name of the Student Details of the Award Date No. II-Q1 Abhishek Naresh Wipro Sustainability Fellowships, Fellowship Grant, July 1, Wipro Ltd. 2019

II-R Working Papers FPM Students during 2019–2020

IIMB Working Sl. No. Author Title Year Paper No. II-R1 Neena Pandey, Role of Digital Divide in Optimal Zero-Rating 591 May Manaswini Bhalla Policy 2019 and Subhajyoti Bandyopadhyay Economics and SocialEconomics Sciences (ESS)

59 Finance and Accounting (F&A) Research andPublications III 60 F other financial institutions, international finance, risk management, management, risk finance, international institutions, financial other markets,investmentsfinancial and banking portfoliomanagement, and finance, corporate to relate that electives year second of number large a teaches also Faculty finance. corporate and accounting managerial The area faculty offers core courses in financial accounting and reporting, and insurance). banking (including services and institutions financial and derivatives), and securities fixed-income equity, (including markets capital finance, accounting,managerial accounting,corporate governance, corporate setting organizations. by virtueofbeingonthe boards ofcorporate, regulatory andstandard- making policy economy-level and firm-level influence members Faculty and SoftwareManagement. research initiativessuch Policy,Public as Real Estate, Entrepreneurship, Areaalso involved is faculty the inactivitiesotherCentresof IIMB and ccmrm.org) andthe Centre for Corporate Governance and Citizenship. Finance and Banking for Technology, Centre the CentreCapital for Markets andRiskManagement (www. the to affiliated is faculty Area F&C targeted atfinance professionals. several domesticinternationaland executive educationprogrammes offers also faculty area programmes, long-duration five the in offerings Economics-I,Economics-II,Financial Accountingand Theory. Additionally,teaches area faculty doctoral level coursessuch Financial as project financing,corporate valuation and Accounting (F&A) Finance and ae eerh tahn ad oslig xets i financial in expertise consulting and teaching research, have the membersinFinance andAccountingaculty Area (F&C) Annual Report 2019–2020

corporate governance.

Besides III Finance and Accounting (F&A)

III-A Research Projects

III-A1 Capital Standards of Banks and Loan Supply – Evidence from India

Project Team: Ashok Thampy

Summary: This research proposal aims to analyze the impact of risk-based capital allocation rules on the asset allocation decision of banks and the consequent impact on supply of bank loans. Risk-based capital standards link capital requirement

risky assets such as loans would be higher than the risk weights for low risk to the risk of the assets held by the financial institution. The risk weights for assets such as treasury securities. This leads to a higher capital requirement for high risk weighted assets and lower capital requirement for low risk weighted assets. The difference in capital requirements for different assets may provide an incentive for banks to shift from high risk weight to low risk weight assets with the consequence that the supply of high risk weight assets such as loans may be lower with risk-based capital standards. This research aims to examine the impact of capital standards on banks loan supply in the Indian context. India is an interesting country to study for the following reasons: (1) it provides an opportunity to examine the impact of capital standards in the country with less developed capital markets with presence of capital constraints, and (2) the presence of the large government-owned banks along with the presence of private banks provides us the opportunity to examine if capital constraints are different for the two ownership groups.

Sponsor: IIM Bangalore

Status: Ongoing

III-A2 Handelsbanken

Project Team: Ashok Thampy and Rolf Wolff

Summary: This project examines the business and organisation model of Handelsbanken, one of the largest banks in Sweden.

Sponsor: Handelsbanken

Status: Ongoing

III-A3 An Analysis of Cash Flow versus Collateral Based Lending

Project Team: Ashok Thampy and Anand Srinivasan, NUS

wider economy. Banks evaluate the loan requests and grant the loan based on Summary: Lending by banks to finance economic activity is crucial for the firm and the Finance and Accounting (F&A) and Accounting Finance the cash flows of the firm, the collateral value or a combination of the two. This

61 Finance and Accounting (F&A) Research andPublications I-5 Motives III-A5 III-A4 62

Summary: Project Team: Status: Summary: Project Team: Status: Sponsor: Sponsor: Building StrategicBuilding Emerging in Capabilities Market Firms

for

and

im around Firms Completed Emerging mar Ongoing rjc itns o xlr te im idsr ad ak hrceitc under characteristics bank and industry firm, the explore to intends project regulators, auditfirms, investors, andacademics. conducts suchanalysis thelineitemat level.The results would beofinterest to readabilityand tone of the entireunawarereport.am I annual ofresearch that research hasexamined these questionsforitems line separately orfor the Prior risk. and valuationfirm fordisclosures its of quality and amount the with the disclosure.then studycan I theconsequences of eachlineitem interacted and tone.to Thus,beable I will rankitems in terms of of andquality amount then characterize the information inthesedisclosures interms of readability and items, these to related disclosures the to statements financial the in item wellunderstood. In this project, Iexpect to use text-miningtools toeach linkline FN_MDA information, thelinks between thesetwo typesofinformation are not and FS both extensivelystudied has research prior While statements. financial information isprovided to explainand clarifytheinformation containedinthe discussion management section(FN_MDA)reports. oftheir annual FN_MDA disclose wealtha of textual informationtabular and inthe footnotesin the and Srinivasan Rangan IIM Bangalore origin. from relative disadvantages intheir capabilities stemming from their country of suffer firms the that and countries, of variety wide a in compete to needed are capabilities sophisticated more cases some in and new firms their well that abroad, transfer not do the home at of succeed to some firms their that enabled that sophisticated realize capabilities firms increasingly market encounter emerging of and managers globally competitors, expand firms these as business models fornew helps thembuild that globalcompetition. However, possess a different mixoffromcapabilities their developed world counterparts firms these economy.globalthat arerealizing managers firm and scholars Both RaghunathS. IIM Bangalore which thetwo approaches are applied,andtheassociated impactonthefirm.

Consequenc Annual Report 2019–2020 P., D. Jose ket firms have become an increasingly influential component of the h wrd rvd tre r or iaca saeet (S and (FS) statements financial four or three provide world the es

Disclosur , Ashok Thampy, es

Related Ashis MishraAshis and

Financial

Statement Subhashish Gupta Subhashish

Line

Items III Finance and Accounting (F&A)

Sponsor: IIM Bangalore

Status: Ongoing

III-A6 Expected Returns and Idiosyncratic Volatility

Project Team: V Ravi Anshuman

Summary: An outstanding puzzle in empirical asset pricing is the relationship between expected returns and idiosyncratic volatility. In a seminal paper, researchers show that stocks with lower idiosyncratic risk have higher expected returns. In other words, the empirical relationship between expected returns and idiosyncratic volatility is negative.

If one goes by the traditional asset pricing literature, there should no relationship between expected returns and idiosyncratic volatility, because idiosyncratic

volatility can be diversified away, and therefore, should not affect asset prices study differ with this theoretical proposition. in an economy with risk-averse investors. However, the empirical findings in the Sponsor: IIM Bangalore

Status: Ongoing

III-A7 Case Study of Arthayantra

Project Team: V Ravi Anshuman and Srijith Mohanan

Summary: Vyakaranam in 2012. It uses technology and analytics to provide customised Arthayantra is an Indian online financial advisory firm founded by Nitin

financial advisory services to its users, a service which has typically been provided by private wealth management firms.

Its online financial platform Arthos provides comprehensive service starting from risk profile assessment, personal goal identification, developing actionable gained 100,000 customers across 600 cities, and established itself as one of financial plans/targets and providing execution avenues. Since inception, it has

investors in 2012. the largest firms in this space. The company raised seed funding from a set of Sponsor: IIM Bangalore

Status: Ongoing Finance and Accounting (F&A) and Accounting Finance

63 Finance and Accounting (F&A) Research andPublications I-1 Can III-A10 Case III-A9 III-A8 64

Status: Sponsor: Summary: Project Team: Status: Sponsor: Project Team: Summary: by Highways’ theNational Authority(NHAI) Projects India of Stocks ofIndian Ownership Public Regulatory Redundancy Impact:AStudy or ofaRegulatory Intervention to Increase to Reduce Tax Evasion HousePurchase during India in Status: Sponsor: Summary: Project Team:

Gov Study

ernments

International Gro The study e Ongoing Venkatesh Panchapagesan Ongoing IIM Bangalore approval itselfhingesonthefeasibility report. project The project. the of etc. financing, contracting, budgeting, for input an as for agivenThis forms project.estimation ofthefeasibilitypart study andacts traffic the forecast to deployscurrently NHAI techniques different the study to needs a good estimate of the demand for the road itself. This project envisages for models, operating instance, thehybrid model.However,annuity and for these all models to work, one financing various uses (NHAI) India of Authority activity is essentialfor sustainability. For this purpose, Highways’the National investmenton thestate. Recouping thesamethrough enhancedeconomic Any road construction project around the world is a high infrastructural V Ravi AnshumanandN. Karthik Ongoing IIM Bangalore Indian listed stocks. shareholdingpublic was effective inincreasing liquidityandprice discovery in The study aimsto assess whether the regulatory mandate to ensure minimum government policiesto reduce under-reporting inproperty transactions. V Ravi AnshumanandVenkatesh Panchapagesan Traffi

Increase c

Annual Report 2019–2020 Forecast xamines, through anaturalof competing theimpact experiment,

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III Finance and Accounting (F&A)

III-A11 Effectiveness of E-Auctions in Emerging Economies

Project Team: Venkatesh Panchapagesan and Madalasa Venkataraman

Summary: The study examines whether e-auctions of land result in better price discovery for government agencies.

Sponsor: International Growth Centre (IGC from LSE), UK

Status: Ongoing

III-A12 Estimating Economic Value of Regularizing Land Tenure to the Urban Poor – Evidence from India

Project Team: Venkatesh Panchapagesan, Deepa Krishnan and Madalasa Venkataraman

Summary: The project aims to study whether providing title to slum residents increases governmental revenue.

Sponsor: International Growth Centre (IGC from LSE), UK

Status: Ongoing

III-A13 Study of the Impact and the Mode of Operation of Entities Who Expropriate Value in the Real Estate Industry

Project Team: Venkatesh Panchapagesan and Madalasa Venkataraman

regulatory requirements and market failures that enable entities involved in Summary: The project aims to study the method of operation, the specific processes, the real estate value chain to step in and expropriate value. Our work will also provide an estimate of the impact of rent-extracting activities on the cost of real

estateDocument in India. the variousSpecifically, entities we planwho to:exploit weaknesses and extract rents in the real estate value chain either directly or indirectly through collusion

Identify key processes and players who facilitate and feed this network, including governmental approval processes such as construction permits

Estimate the impact of each entity on the overall cost of real estate to end users

Evaluate and recommend potential reforms that could mitigate this rent seeking behavior and streamline processes such as construction permits

Sponsor: HUDCO

Status: Ongoing Finance and Accounting (F&A) and Accounting Finance

65 Finance and Accounting (F&A) Research andPublications III-A16 Costs III-A15 III-A14 66

Status: Sponsor: Summary: Project Team: When DoRegulatory Hur Status: Sponsor: Summary: Project Team: Public Shareholding Rule inIndia Status: Sponsor: Summary: Project Team: Property andSuggestaRevenue Neutral ModelforEnablingAffordable HousingforAll Studythe Impactof of

and

Benefits

Venkatesh Panchapagesan Venkatesh Panchapagesan Venkatesh Panchapagesan, Ongoing NSE-NYU Conference onIndianCapitalMar Indian listed stocks. shareholdingpublic was effective inincreasing liquidityandprice discovery in The study aimst Ongoing National HousingBank(NHB),NewDelhi focusOur will Rolepolicy t ofadditional Role of SD andR RoleDuty ofStamp The project aimsto stud Ongoing NSE-NYU Conference onIndianCapitalMar trade fee inIndianfinancialmarkets. The study aims to assess provision ofaffordable housesconsiderably. States onhowto reduce SDandRClosing revenue without soasto increase the and future government revenues revenues) revenues andunder-reporting

of the Changes in Stamp Duty andRegistrationthe ChangesinStamp Charges onResidential

Annual Report 2019–2020

Regulatory dles Work? be tobe provide policyoptionsfor theCentre toto suggest the C on demand and supply of housing (andonfuture government o assess whether the regulatory mandate to ensure minimum (SD) andRegistrationCharges (RC) oncurrent government

Interventions

y thefollowing: the impact of regulatorythe impact intervention usingorder-to- ools toSD andRC augment to protect overallcurrent V. Ravi Anshuman andV. Susan Thomas and NidhiAggarwal SusanThomasand

Stock kets kets

Markets:

Case

Minimum

III Finance and Accounting (F&A)

III-A17 Do Indian Business Group Owned Mutual Funds Maximize Value for Their Investors?

Project Team: Venkatesh Panchapagesan, Jayant Kale and Prasad Hegde

Summary: The study aims to examine whether mutual fund managers in Indian business group owned mutual funds work to maximize value for their investors or for their groups.

Sponsor: NSE-NYU Conference on Indian Capital Markets

Status: Ongoing

III-A18 When Corporate Social Responsibility Is an Obligation: The Unique Case of India

Project Team: Padmini Srinivasan and Ana Marques

Summary: The objective of this paper is to understand the CSR India after the new CSR rule became effective. A rigorous study of the amounts spending done by firms in spent, the determinants of such spending and the areas impacted is necessary to fully understand the impact of the new regulation.

Sponsor: Self

Status: Ongoing

III-A19 Sustainability Risk Management

Project Team: Padmini Srinivasan

Summary: The World Economic Forum has highlighted, water crisis, failure of climate change mitigation and adaption, extreme weather events, food crisis and social instability as the top crises over the next 10 years. The evidence of climate change is overwhelming. In spite of the evidence, most Indian corporates have not integrated the same in their strategy discourse.

Sponsor: WIPRO

Status: Ongoing

III-A20 Crafting the Role of Independent Directors

Project Team: Padmini Srinivasan

Summary: The study aims to understand the role, responsibilities, and challenges of independent directors.

Sponsor: NFCG

Status: Completed Finance and Accounting (F&A) and Accounting Finance

67 Finance and Accounting (F&A) Research andPublications III-A23 III-A22 III-A21 68

Summary: Project Team: Probability Developinga Dynamic CreditRepaymentof Estimation for Risk Model Burden and Status: Sponsor: Summary: Project Team: and EarningsManagement:Evidence from India Women onAuditCommittees andtheRelationshipbetween Related PartyTransactions Status: Sponsor: Summary: Project Team: Mainstreaming FinancialInclusionAgendainIndia ofthe

Defaults Badrinath SG P CNarayan andRajalaxmiKamath Jayadev MandKrishnaSunderD analysis onthelargest 500firmslisted onIndia’s NationalStock Exchange. by thepresence of women directors on auditcommittees. We conductempirical (RPTs) andhow andearningsmanagement the aforesaid relationship isaffected The paperexamines ther Ongoing UGC andUK-India Education andR with overcoming financialexclusion. loans arisingfromof credit the socialization/politicization expansion associated tradeoff between thepotentialfor growthsystemicand riskfrom subprime The study conductsamacro-economic financial support offices post and inclusion agenda?Are we seeingatransformation ininstitutionalforms? banks mainstream banks, rural as such f How in addressing voluntary exclusion? institutions be able to avoid the pitfalls faced by the existing financial institutions new the will How succeeded? inclusion encouragefinancial to ‘designed’ Banks Yojana andinstitutionssuchasPayment(PMMY) Banks Finance andSmall How far ha institutions, processes andoutcomes. financial between relationship sustainable managing in challenges and India study The credit scoringmodelfor educational loansandcredit rating software. The objective ofthispr Ongoing NSE-IGIDR Corporat ar do the innovations in the microfinance sector and in other institutions other in and sector microfinance the innovationsin the do ar Annual Report 2019–2020

for is o a te prahs f h fnnil nlso aed in agenda inclusion financial the of approaches the map to aims ve theinitiatives such as JanDhanandPradhan MantriMudra

Educational and Akanksha Jalan e Governance Research Initiative oject is quantification of defaultis quantification oject developmentrisk and of

Loans elationship between Related Party Transactions esearch Initiative and macro-prudential assessment of III Finance and Accounting (F&A)

Sponsor: Centre for Digital Financial Inclusion

Status: Ongoing

III-A24 Corporate Governance-Post IBC Scenario

Project Team: Jayadev M

Sponsor: National Foundation for Corporate Governance

Status: Ongoing

III-A25 The Effect of Mandatory Audit Firm Rotation on Audit Quality, Audit Fees and Audit Industry Concentration: Evidence from India

Project Team: R. Narayanaswamy and K. Raghunandan

auditor independence, enhance audit quality, increase audit market competition, Summary: Mandatory audit firm rotation is potentially an important tool to strengthen

India presents a mix of weak law enforcement, dominance of family-owned reduce auditing cost, and compensate for India’s serious institutional deficiencies. enterprises, rapid economic growth, growing two-way international trade and investment, strong common law traditions and independent judiciary, and

is a unique experiment to understand how businesses and auditors respond to zero shareholder litigation against auditors and directors. Audit firm rotation market, legal and reputation considerations in such a setting. India provides an interesting setting to study whether rotation can help in improving the standards

rotation in other countries. of auditing. This paper is related to previous research on mandatory audit firm Sponsor: IIM Bangalore

Status: Ongoing

III-A26 The Role of Proxy Advisory Firms in Improving Corporate Governance: Evidence from India

Project Team: R. Narayanaswamy

Summary: Due to various economic and regulatory reasons, large institutional investors

related to a company. PAFs are information intermediaries between corporate hire proxy advisory firms (PAF) to give recommendations on various decisions board/management and investors. They advise investors, principally institutional investors, on how to vote on resolutions placed by companies for shareholder decisions. These decisions include say-on-pay, elections of directors, appointment of auditors, and mergers and acquisitions. Finance and Accounting (F&A) and Accounting Finance

69 Finance and Accounting (F&A) Research andPublications III-A27 III-B III-B1 III-B2 III-B3 Sl. No. 70

Status: Sponsor: Summary: Project Team: Integration Banks amongUS Status: Sponsor: Articles in Academic in Articles Journals Dasaratha V. Rama K Raghunandan and R. Narayanaswamy, G. Sabarinathan Parameswaran and SunilK. Basu Shantaram Hegde, , Sankarshan Authors

Abhinav Anand IIM Bangalore Ongoing VRSP, IIMBang and Roll, 2009). square,returns ofbank regressed on theprincipalcomponents(Pukthuanthong these common factors, we employ theexplanatory power, interms of adjusted R (banks with low integration). Inorder to measure thedegree of dependence on with high integration) andweakly for those more exposed to idiosyncratic factors returnsbank’s –strongly for those more exposed to such common factors (banks be interpretedset ofanonymous, asa orthogonal commonfactors driving each of the whole datasetof US banks’ return series. components Such principalcan these identify common factors astheprincipalcomponentsconstructed from stockreturns we definition, this operationalize to order In factors. banking sector as thedegree ofdependence of itsstock market returns onasetofcommon banking the with integration bank’s US a define We 1993-2017. from century We study int Ongoing Annual Report 2019–2020 Research Evidence andIssuesfor and China:SomeEmpirical Internal Auditing inIndia Backdrop ABackground Note in theCurrent Economic Trends, Prospects andIssues Angel Investments inIndia– Futures Markets Choose theDelivery Grade in Reallocating theRight to egrationdynamics forlarge a banksof US sample forquarter- a alore Title ofPaper and Finance Accounting Auditing Journal of Review IIMB Management Economics Letters Theoretical Name ofJournal Pg. 511-523 October 2019, Vol. 34(4), Pg. 200-214 June 2019, Vol. 31(2), Pg. 737-751 April 2019, Vol. 9(4), Publication Details of

III Finance and Accounting (F&A)

III-D Chapters in Books

Publication Sl. No. Authors Title of Chapter Title of Book Editors Details III-D1 G. Sabarinathan GoCoop: Socio Tech Latha Palgrave and Leveraging Innovation - Poonamallee, Macmillan, Ramakrishna S Technology to Harnessing Joanne Scillitoe 2020, Velamuri Impact the Lives Technology for and Simy Joy Pg. 223-237 of the Rural Poor Social Good

III-E Working Papers

IIMB Working Sl. No. Author Title Year Paper No. III-E1 Panchapagesan, Effectiveness of E- Auction Programmes in 593 2019 Venkatesh, and Emerging Economies - Case of India Madalasa Venkataraman III-E2 Panchapagesan, Can Governments Increase Revenues By 594 2019 Venkatesh, and Lowering Taxes? A Study of Competing Madalasa Venkataraman Policies To Reduce Tax Evasion during House Purchase in India III-E3 Panchapagesan, Estimating Economic Value of Regularizing 595 2019 Venkatesh, Deepa Land Tenure to the Urban Poor – Evidence Krishnan and and from India Madalasa Venkataraman III-E4 Anshuman, V Ravi, Predictability of Equity Risk Premium in 596 2019 Rajdeep Sharma, Prateek Indian Equity Markets Jain and Arnab Biswas III-E5 Anand, Abhinav and Integration among US Banks 597 2019 John Cotter III-E6 Jayadev M, Neel M Shah Predicting Educational Loan Defaults: 601 2019 and Ravi Vadlamani

III-E7 Mukherjee, Prithwiraj, ApplicationCan Audits Deter of Artificial Performance Intelligence Exaggeration? Models 603 2020 Souvik Dutta and Anand, Abhinav III-E8 Anshuman, V Ravi, and Financial Fragility in Retail-NBFCs 604 2020 Rajdeep Sharma III-E9 Anshuman, V Ravi, and Financial Fragility in Housing Finance 605 2020 Rajdeep Sharma Companies Finance and Accounting (F&A) and Accounting Finance

71 Finance and Accounting (F&A) Research andPublications III-F III-E11 III-E10 Sl. No. III-F7 III-F6 III-F5 III-F4 III-F3 III-F2 III-F1 Sl. No. 72

Articles in Periodicals, in Articles andNewspapers Dailies, Financial Narayanaswamy R Narayanaswamy R Narayanaswamy R Narayanaswamy R Narayanaswamy R Basu, Sankarshan Basu, Sankarshan Basu, Sankarshan and Prabeetha Bolar Srinivasan, Padmini Vidhani Srinivasan andNikhil Krishnan, Rangan, Murugappa (Murgie) Authors Author Auditors inthe Dock Is NFRABeingUndermined? Bring BackTrust intheNumbers New Year Resolution for Auditors: Credibility Crisis Panel discussion,Audit Firms-The IFIN Audit Form ButNoSubstanceinDeloitte’s terms) Debentures Issuances (invalue and AARating to 70% ofDomestic Credit Rating AgenciesAssignAAA the SameLeague? Credit Ratings Agencies:Are We in Shining Armour? Will RBIBeYes Bank’sKnight in

Annual Report 2019–2020 Exploratory Study Sustainability RiskManagement:An Informed Trades: ASimpleGMMApproach The PricingofEarningsinthePresence of Title ofArticle Title ETNow BloombergQuint BloombergQuint BloombergQuint BloombergQuint Business Line The Hindu Business Line The Hindu Newspaper/ Magazine Name of Working Paper IIMB 608 607 June 13,2019 2019 December 2, 2020 January 1, June 12,2019 2019 December 24, 2019 August 2, 15, 2019 September No. Publication Date of 2020 2020 Year III Finance and Accounting (F&A)

III-H Seminar/Conference/Workshop Presentations/Invited Talks

Title of Paper/Session/ Name of Conference Dates of Sl. No. Authors Invited Talk and Venue Event III-H1 Basu, Debarati Unconditional Conservatism European Accounting May 29-31, and Subsequent Real Earnings Association Annual 2019 Management Meeting, Larnaca III-H2 Narayanaswamy R Understanding the Audit Bangalore Cantonment January 25, Quality Review Report of the CPE Study Circle 2020 National Financial Reporting Authority on the Audit of IL&FS Financial Services Limited III-H3 Narayanaswamy R Moderator for panel discussion Journal of Accounting, January 12, on Audit Quality Auditing and Finance 2020 Conference, IIM Bangalore III-H4 Narayanaswamy R Keynote speaker for Valuation National Seminar on June 08, Standards in India Valuation, Insolvency 2019 and Bankruptcy Board of India III-H5 Rangan, Discussant of Stock-based 13th ISB Accounting December Srinivasan and Compensation, Financial Research Conference, 16-17, Partha Mohanram Analysts, and Equity Indian School of 2019 Overvaluation Business (ISB) Campus, Hyderabad III-H6 Nabendu Paul and Institutional Factors and 19th Consortium of November Jayadev M Demand for External Finance: Students in Management 28-29, A Multi Country Study Research (COSMAR), 2019 This paper received best paper Indian Institute of award Science, Bangalore III-H7 Jayadev M and Loan Defaults: A Survey of IIM - A World Bank August Padma N Literature Research Conference 9-10, 2019 on Financial Distress, Bankruptcy and Corporate Finance III-H8 Ana Marques Corporate Social Future of the Board June 15, and Srinivasan, Responsibility: When Being Conference, Florida 2019 Padmini Good Is a Legal Obligation’ International University and IIM Bangalore Finance and Accounting (F&A) and Accounting Finance

73 Finance and Accounting (F&A) Research andPublications III-J1 III-H13 III-H12 III-H11 III-H10 Sl. No. III-H9 III-J 74

Title: Summary: Author: and J.Bawa Basu Anshuman and K.Krishnan Basu Basu Basu IIMB Case Studies CaseStudies IIMB

, Sankarshan , Sankarshan , Sankarshan , Sankarshan Authors

, VRavi ooavsr. h cs peet a oeve o te iaca pann and planning financial the of overview an presents case The robo-advisors. a technology-led transformation across the globe withtheadvent ofawave of and personal financial advisory is one of the industry management segments Wealththat is witnessing firms. based (“fin-tech”) technology financial innovative of application The Advisory Services Arthayantra UsheringinaDigitalRevolution inPersonal Financial V. V. Ravi AnshumanandSrijithMohanan Systemic Risk? and DoesThisIncrease the Finance Companies(NBFC) Exposure to Non-Banking Transformation through (AMCs) Perform Liquidity Management Companies Do BankSponsored Asset and Corporate Finance Financial Distress, Bankruptcy Emerging Market Rating: Evidence from an The Determinants ofCredit Interconnected DynamicWorld Managing Risks inan Financial Markets Indian Growth Story and Annual Report 2019–2020 Title ofPaper/Session/ @ Harvard Publishing Business Invited Talk ehooy n h ae o fnne a fsee a lw of slew a fostered has finance of area the in technology Ahmedabad Conference, 2019,IIM 9th IndiaFinance World BankGroup collaboration withthe Ahmedabad (IIMA)in of Management by IndianInstitute Conference organized Association, Seoul Risk andInsurance of theAsiaPacific 23rd AnnualConference Yogyakarta, Indonesia Financial Consumers,in International Academy of Annual Conference ofthe (GFFC) andthe5th Financial Consumers 2019 GlobalForum for IMI Kolkata international conference, 2019 FINECON, an Name ofConference and Venue 20, 2019 December 9-10, 2019 August 2019 July 29, 2019 August 19, 18, 2019 December Dates of Event III Finance and Accounting (F&A)

advisory (FP&A) segment in the country prior to the onset of robo-advisors and the impact of robo-advisors on the industry dynamics. It traces the journey of

Arthayantra (“the Company”), a leading Indian robo-advisory firm, as it seeks evolution of Arthayantra in its initial years as it develops its value proposition, to change the way personal finance is perceived and delivered. It showcases the puts in place its organizational structure and establishes a customer base in the backdrop of a changing macroeconomic environment. The case closes at a point where Arthayantra is evaluating a strategic pivot from a sole advisory model to an advisory-cum-execution model, encouraging students to analyze the strategic

choices that lay before the firm. III-K Leading Journal Publications

Journal articles which have appeared in leading academic journals, listed in Financial Times 50, UT Dallas.

III-K1 Authors: R. Narayanaswamy, K Raghunandan and Dasaratha V. Rama

Title: Internal Auditing in India and China: Some Empirical Evidence and Issues for Research

Journal: Journal of Accounting Auditing and Finance

Abstract: Internal auditing is an important element in the corporate governance framework. Yet, research related to internal auditing, particularly in emerging economies like India and China, is sparse. We use data from responses provided by chief audit executives to provide empirical evidence about the extent of support for internal auditing and the determinants of such support in India and

such support is negatively related to pressure on internal auditors to suppress China, and compare the data with those from the United States. We find that

or alter their findings. We also provide descriptive evidence about the work and in India and identify some possible avenues for future research. staffing of the internal audit function. We discuss the role of internal auditing

III-M Doctoral Theses Completed by FPM Students during 2019–2020

Name of the Members of the Sl. No. Dissertation Title Student DAC Committee III-M1 Rajesh Kumar The Effect of Macroeconomic Variables on Srinivasan Rangan Sinha Analyst Forecast Properties V Ravi Anshuman Chetan Subramanian Finance and Accounting (F&A) and Accounting Finance

75 Finance and Accounting (F&A) III-O2 III-O1 III-O III-N III-O7 III-O6 III-O5 III-O4 III-O3 III-N1 Research andPublications Sl. No. Sl. No. 76

2019–2020 Papers Presented by FPMStudents in Conference/Seminar during Dissertations ProposalDissertations by 2019–2020 FPMStudents during Nabendu Paul Srijith Mohanan Ankitkumar Kariya Ankitkumar Kariya Sankarshan Basu Harshali DamleandProf. Harshali Damle Harshali Damle Nabendu Paul Name oftheStudent Name ofthe Student Debt External Financing,DebtFinancingandtheChoiceof Annual Report 2019–2020 A Multi-CountryStudy Demand for External Finance: Institutional Factors and Options Analysis UsingBarrier Code Implementation:An Impact ofIndianBankruptcy Distress Risk Owned Banks andFirm’s Borrowing from Government Distress Risk Owned Banks andFirm’s Borrowing from Government Emerging Country Investor Flows ofan Easing Policy onInstitutional Effect oftheU.S. Quantitative of Firms CSR SpendingandDisclosure Stakeholder Influenceonthe of Firms CSR SpendingandDisclosure Stakeholder Influenceonthe Title ofthePaper Topic IIM Ahmedabad Corporate Finance, Bankruptcy, and on FinancialDistress, Research Conference IIMA-World Bank Bangalore Symposium 2020,IIM JAAF India City, Andhra Pradesh 2019) IFMRGSB,Sri Economics (RSFE on Financeand Research Symposium Delhi Banking Symposium, World Finance& Delhi Banking Symposium, World Finance& Czech Republic Conference, Prague, International FEBS 2019 Bangalore Research, IISc Management of Studentsin The 19th Details ofthe Conference

Consortium 2019 November 15, 2019 August 9, 2020 11-13, January 2019 12-13, December 2019 19-21, December 2019 19-21, December 2019 June 1, May 30- 2019 28-29, November Date Date

III Finance and Accounting (F&A)

Details of the Sl. No. Name of the Student Title of the Paper Date Conference III-O8 Ankitkumar Kariya Borrowing from Government Crisis Doctoral December Owned Banks and Firm’s Symposium, IFC 20, 2019 Distress Risk 2019, IIM Ahmedabad III-O9 Ankitkumar Kariya Borrowing from Government The World Bank- February Owned Banks and Firm’s CAFRAL Conference 26-27, Distress Risk on Government 2020 Intervention in Financial Markets, Reserve Bank of India, Mumbai

III-P Publications by FPM Students (Journal articles/book chapters/cases/ book reviews) during 2019–2020

Name of the Name of the Publications Sl. No. Title of the Paper Student Journal/Book Details III-P1 Jalaj Pathak and Stylized Patterns in Implied Cogent Taylor and Prof. Soumya G. Deb Volatility Indices and Stock Economics and Francis, Market Returns: A Cross Finance February 2020 Country Analysis across Developed and Emerging Markets

III-Q Awards, Honours and Achievements by FPM Students in 2019–2020

Sl. No. Name of the Student Details of the Award Date III-Q1 Rajdeep Sharma and Published a chapter in the Economic Survey 2019-20, January 31, Prof. V. Ravi Anshuman Financial Fragility in the NBFC Sector 2020

III-R Working Papers FPM Students during 2019–2020

IIMB Working Sl. No. Author Title Year Paper No. III-R1 V. Ravi Anshuman and Financial Fragility in Retail-NBFCs 604 March Rajdeep Sharma 2020 III-R2 V. Ravi Anshuman and Financial Fragility in Housing Finance 605 March Rajdeep Sharma Companies 2020 Finance and Accounting (F&A) and Accounting Finance

77 Marketing (M) IV Research andPublications 78 corporate boards. workshopsseminars, in participation professionaland as on members actively involved and corporate in variousindustry throughforums both international andleadingjournals. Indian The membersare also leadinginternationalin papers conferencesand publishedarticles in and awards. the years,the marketing Over haspresented area faculty The writtenbooks by have the area received faculty wideacclamation programmes targeting both domestic and international clientele. The Area isactively faculty involved in consultingand executive education Customer Relationship Marketing and Management, Pricing Strategy, Pricing Management, media andcommunication,Mobile for Marketing RetailingSales Decisions, Management, andDistribution Marketing Strategy, Consumer Behaviour, Digital Marketing, Research BusinessProductto BusinessManagement, Marketing, Competitive post-graduateoffering is and coursesthe in area Brand of Management, abroad. The marketingthe ininstitute hasengaged faculty research in have obtained Ph.D./Fellowship fromin Indiaand leading institutions doctoral workbefore or joiningacademics. Faculty the of areamembers Allthe the in Areamembers experience, haveto prior industry their international experience which includes bothexperience and youth. with a combinedof anine-memberedacademic and full-time faculty I Marketing (M) the leadingmanagement institutes ofthe country. Itconsists BangaloreIM has the strongest Marketing Department among Annual Report 2019–2020

Services Marketing.Services IV Marketing (M)

IV-A Research Projects

IV-A1 Internet Marketing

Project Team: Seema Gupta

Summary: The proposed book, Internet Marketing, will tentatively contain sections and chapters that are delineated here. A short description of each chapter and section is presented. Note that though not explicitly mentioned, each chapter will attempt (wherever applicable) to draw out the differences and similarities that may exist between Internet users in the urban and rural parts of India. The material will also address the B2C (business-to-consumer), C2C (consumer-to- consumer), as well as the B2B (business-to-business) contexts.

Sponsor: IIM Bangalore

Status: Completed

IV-A2 Modeling the Online Classified Advertisement Booking

Project Team: Seema Gupta

Summary: Booking of advertisements in newspapers has traditionally been done through agencies. This was an impediment for small and medium enterprises that did not have an agency on board on an on-going basis. In the recent past, online companies have disintermediated the booking of advertisements enabling advertisers to book directly leading to convenience. Big ticket advertising is expensive and marketers still want to hire specialized services of media planning

advertisements in newspapers which are tactical, topical and exigency-based do and creative agencies to maximize the return on investment. However, classified not necessarily require the professional services of an agency.

Sponsor: IIM Bangalore

Status: Completed

IV-A3 Digital Marketing 2.0

Project Team: Seema Gupta

professionals. There is a void that is built over the time in the minds of these Summary: The growing field of digital marketing is attracting a lot of students and marketing people from disjointed blogs, articles and lack of information about end-to-end

become a one-stop solution for those who want to learn Digital Marketing from digital campaign delivery on the Internet. This book intends to fill that gap and scratch. The book will cover the latest strategies as well as the implementation aspect of launching and measuring the success of any digital campaign. Marketing (M) Marketing

79 Marketing (M) Research andPublications IV-A6 IV-A5 IV-A4 80

Summary: Project Team: Building Strategic CapabilitiesinEmer Status: Sponsor: Summary: Project Team: Customer atSpencer Retail Segmentation Status: Sponsor: Summary: Project Team: Case Study onZoomCar Status: Sponsor:

IIM Bangalore Ongoing IIM Bangalore Cases for Completed IIM Bangalore Zoom car is a self-dri Completed Emerging mar their capabilitiesstemming from their countryoforigin. fromsufferrelative firms the that disadvantagesand countries, varietyin of wide new andinsomecasesmore sophisticated capabilities are needed to compete ina that capabilities the enabled their of firms to succeed at some home do not transfer that well abroad, realize that their firms firms market emerging of managers these firms expand globally and encounter increasingly sophisticated competitors, that helpthembuildnewbusinessmodelsfor global competition.However, as possess adifferent mixofcapabilitiesthantheir developed world counterparts firms these that realizing are managers firm and scholars economy.Both global RaghunathS. by step approach to segmentconsumer markets through cases. housing surveystudent (HBS–2005).thiscase,weIn intend to providestep a wouldA caseinpoint be Ontela Pick Dec(Ivey –2008) or Harvard graduate of arrivingthe solutionwhich at is thecruxofany marketing research course. availablecases provide the problemas well not theprocessas thesolution;but Ashis Mishra andPulakGhosh while maintainingandowning acar. highEMI, interest levied andother on acarloanexpenseskeep that recurring category. stops What everyone from buyingis theburden acar?It ofmonthly on demandcategory and ZAPSubscribeisthebrand inthecarsubscription brands –Zoom car andZAP Subscribe.Zoom car isabrand intheself-drive car Seema Gupta Seema Annual Report 2019–2020 teaching marketing research are always inshort supply. Mostof the P., D. Jose ket firms have become an increasingly influential component of the

and Menaka Rao ve shared mobility company. The company hastwo major , Ashok Thampy, ging Market Firms Ashis MishraAshis and Subhashish Gupta Subhashish IV Marketing (M)

Sponsor: IIM Bangalore

Status: Completed

IV-A7 Sustainable Consumption

Project Team: Shainesh G and Dr. Cecilia Soler (Goteborg University)

Summary: We ask how can bridging social capital provision in subsistence communities provide formal market access? We draw on a study of (1) self-reported consumption needs of informal workers belonging to a subsistence urban community in two Indian cities and (2) the offerings of three social enterprises in these cities. The aim of this paper is to (1) describe unmet socio-material consumption needs among urban subsistence consumers and (2) discuss the same.

Sponsor: IIM Bangalore and Goteborg University

Status: Ongoing

IV-A8 IT-Enabled Service Innovation in Indian Health Care Industry: From Digital Divide to Digitally Enabled Inclusion

Project Team: Shainesh G and Shirish Srivasatva

Summary: Unlike the economically developed world, developing countries have a number of institutional voids (Khanna, et. al., 2005). These voids are related to market creation, market functioning and market participation. Market creation and market functioning are generally catered to by businesses whereas market participation is facilitated by social entrepreneurs. In this paper, we focus on the market participation void. From a production-centric logic, market participation void is also the result of digital divide (access to ICT tools, ICT capability and ICT enabled outcomes). Developing countries are often viewed as places where differences in the level of digital resources (computer access and also related knowledge and skills) lead to a digital divide, which eventually results in a difference in impact across different segments. Hence, digitally challenged

IT. By integrating ideas from ‘institutional void as spaces of opportunity’ with segments lose out on the possible benefits from the transformational power of ‘bottom of pyramid marketing strategy’ (Prahalad and Hart, 2002) for emerging economies, we explicate how IT-enabled innovation can create a space for better customer access and service, thereby including the traditionally digitally challenged sections of the society.

Sponsor: IIM Bangalore

Status: Ongoing Marketing (M) Marketing

81 Marketing (M) IV-A10 IV-A9 Research andPublications IV-B IV-B1 IV-B2 82 No. Sl.

Status: Summary: Project Team: Higher Education System inIndia Status: Summary: Project Team: Household Composition andJointConsumption EffectsinC Sponsor: Sponsor: Articles in Academic in Articles Journals Rajat Roy Das, Shainesh G Schuhmacher and Monika C. Sabine Kuester, Sergej von Janda, Gopal Authors

and and

Completed Korea Institut Ongoing Marketing lit Indo-Korea ScienceandTechnology Center Korean). report of the research onhigher education inIndiawas submitted (written in TechnologyScience and Center, its branch sponsoredin India, the research. Final wanted to knowhigherthe about system education Indo-KoreaIndia; and in IIM Bangalore categories ofgoodscanbeshared by memberswithinahousehold. heterogeneityhousehold some withinamulti-memberandthepossibilitythat singleof a maximization utility individual. This approach ignores preference Srinivas Prakhya andVedha Ponnappan Hyun ChulMaeng

Versus CombinedPricing Preference for Partitioned How Self-ConstrualGuides Study Cross-National Multi-Method and Why They Matter: A What Frugal Products Are Annual Report 2019–2020 erature typically modelshousehold demandasarisingfrom e ofScienceandTechnology (agovernmentalresearch institute) Title ofPaper Research Journal ofBusiness Production Journal ofCleaner Name ofJournal

onsumer Demand Pg. 152-160 August 2019, Vol. 101, Pg. 1-19 February 2020, Vol. 246, Publication Details of IV Marketing (M)

IV-C Books

IV-C1 Wirtz J, Lovelock C, Chatterjee J, and Gopal Das

Essentials of Services Marketing

Pearson

unprecedented pace, Essentials of Services Marketing, Third Edition, is Offering a comprehensive view of a field that is evolving at an a concise, reader-friendly guide to marketing and managing services. Encompassing pioneering service concepts and the latest developments, academic research as well as managerial insights, this book combines a practical, real-world focus with rich visual pedagogy to present an engaging and exciting look at the world of service economy.

IV-E Working Papers

IIMB Working Sl. No. Author Title Year Paper No. IV-E1 Mukherjee, The Antecedents and Rebroadcast 592 2019 Prithwiraj, Souvik Consequences of Clickbait Dutta and Mani, Dalhia IV-E2 Mukherjee, Can Audits Deter Performance Exaggeration? 603 2020 Prithwiraj, Souvik Dutta and Anand, Abhinav

IV-H Seminar/Conference/Workshop Presentations/Invited Talks

Sl. Title of Paper/Session/ Name of Conference and Dates of Authors No. Invited Talk Venue Event IV-H1 Shainesh G Invited talk: International AIB-India Ind-IB workshop December Marketing Research at Ramaiah Institute of 22-24, 2019 Management, Bangalore IV-H2 Mukherjee, The Antecedents and ISB CODE, Kolkata December Prithwiraj Rebroadcast Consequences of 2019 Clickbait IV-H3 Mukherjee, The Antecedents and Chicago-India Quantitative December Prithwiraj Rebroadcast Consequences of Marketing Summit, 2019 Clickbait Hyderabad (M) Marketing

83 Marketing (M) Research andPublications IV-J1 IV-J IV-I IV-I-1 IV-I-2 IV-I-4 IV-I-3 Sl. No. 84

Title: Author: Summary: IIMB Case Studies CaseStudies IIMB Conference in Articles Proceedings Mulky. Muralidharan and Meshram, Preetika Shubhra Rajendra Mulky. Tommy Andersson Shainesh G Chatterjee, Swagato Irene H Das,

Gopal Authors

Avinash G Avinash G

and and and and “health orindulgentconsumption” to theextent thatone oftheleadingbrands of on fixated be to seems also psyche Consumer extreme. other the is indulgence clichéd dueto several become competingpropositions ofasimilar nature andenjoyable had fitness and health on .Positioning brand the for plank positioning plethora ofsnackingchoices;thebrand’s immediate taskisto develop asharp creating andnurturingtheattitudeofconsumersinanenvironment thathasa ingredients“on thego”of this brandof the drink.Themajorchallenge is notjust healthy habit by gettingbackto thegoodnessofethnicgrains thatare the scenario. SoulfullSmoothix isabrand thatis making anattempt to revive the have ledto unhealthy eatinghabitsandsnackingisanatural fall outofsucha consumers of lifestyles in changes radical The issues. fitness-related of pains the middle-aged the consumers, who are experiencing thepleasures ofWestern lifestyles alongwith among especially times, recent the in fitness and snacking to The Indianenvironment hase Context Ethnic BrandingContemporary ina World:the Indian in Smoothix Soulfull S RameshKumar Market An Exploration inanEmerging Ready to EatFoods Category- Consumer Behavior inthe Festivals An Exploratory Assessmentfor Performance: Activities onMarket Impact ofBrand Management Embarrassment onConformity Effect ofPublicversus Private Crowds: TheContrasting Embracing theWisdomof Avoiding theCrowds or India Libraries: AnExploration in Creating Socially Responsible Applying DesignThinkingfor Annual Report 2019–2020 @ Harvard Publishing Business Title ofPaper and Prashant Parameswaran xperienced pronounced changeswithrespect Details oftheConference Proceedings 2019 Asheville, NC, USA, September 25-28, Marketing AssociationConference, Proceedings of2019Atlantic July 8-11,2019 Conference 2019,Tallinn, Estonia, Retailing andConsumer Science Conference, Recent Advances in Proceedings of26thRARCS Atlanta, Georgia, November 8-13,2019 ACR/ARP AnnualMeeting2019, October 27-28,2019 Conference, Canberra, Australia, Proceedings oftheRAIL2019

IV Marketing (M)

biscuits has come out with the positioning of a trade-off between being healthy and tasting good. Soulfull Smoothix’s options for positioning the brand indicate a dilemma full of tempting choices. Should the brand position itself as a new concept drink? Should it reposition the category of snacking? Should the brand get into a frontal attack on leading brands in the category based on unhealthy indulgence? Which category of snacking should the brand compete with respect to point of parity? Should the brand create a digital advertising trial for the sake of achieving awareness? Consumer behavior with its conceptual underpinnings are considered and the case exposes students to learning how consumer behavior can be applied to branding in a market like India that has an appealing combination of snacking choices full of branded titbits and ethnic delicacies.

IV-K Leading Journal Publications

Journal articles which have appeared in leading academic journals, listed in Financial Times 50, UT Dallas.

IV-K1 Authors: Gopal Das and Rajat Roy

Title: How Self-Construal Guides Preference for Partitioned versus Combined Pricing

Journal: Journal of Business Research

Abstract: Marketers often offer equivalent pricing options by charging a base price and surcharges (partitioned pricing), or alternately offering a single price (combined pricing). The current study examines the systematic impact of a person’s activated self-construal on the evaluation of product offers made under these alternate pricing frames. Findings from three experiments show that individuals with independent self-construal lean towards global processing and exhibit higher attractiveness and purchase intention for a product offered under partitioned (versus combined) pricing. Furthermore, moderated mediation results show that the interaction effects of self-construal and pricing type on attractiveness and purchase intention are mediated by less effortful processing of pricing information. These results contribute to the pricing and self-construal literature. The results of this study may also help managers develop appropriate pricing strategies targeting different consumer segments. Marketing (M) Marketing

85 Marketing (M) IV-N Research andPublications IV-N1 IV-M Sl. No. IV-M2 IV-M1 No. 86 Sl.

Dissertations ProposalDissertations by 2019–2020 FPMStudentsduring Mauli Soni Doctoral ThesesCompleted by 2019–2020 FPMStudentsduring Aishwarya R Tanvi Gupta Name ofthe Name ofthe Student Student Essays on OnlineShoppingBehaviour of VisualBranding Cultural Effects onPerceived Affordances Exploring Emerging Market Heterogeneity Annual Report 2019–2020 Dissertation Title Topic Ritu Tripathi Ashish Mishra Avinash Mulky Ritu Tripathi Prithwiraj Mukherjee Preeti KrishnanLynden Avinash Mulky Members ofthe DAC Committee

June 21,2019

Date

Organisational Behaviour & V Human Resources Management (OBHRM)

he Organisational Behaviour and Human Resources Management T (OB&HRM) Area deals with issues related to both the organizational and individual levels of analysis. The research interests of faculty members in the Area cover the entire spectrum of problems that affect the transnational organizations of today. For example, Area faculty members have expertise in various domains such as organizational structures and processes in large and global organizations as well as psychological factors at the individual employee level.

Faculty members of the OB&HRM Area have been publishing influential academic papers in international journals such as the Academy of Management Journal, Human Resource Management, Journal of Organizational Behavior, Management Science, Psychological Review, and Psychological Science, to name a few. They have been recipients of international awards in recognition of their research work. They are also actively involved in guiding various student projects and dissertations.

Area members offer a number of core and elective courses for the PGP, EPGP, PGPEM, PGPPM, and FPM programmes of the Institute. They are also involved in the executive education training modules and have crafted several customized programmes for various organizations in the private and public sectors.

Faculty members engage in large-scale governmental and organizational consulting projects. Many of them are also members of the Board of Directors at various organizations and play advisory roles at several for- profit and non-governmental organizations. Organisational Behaviour & Human Resources Management (OBHRM) Management Resources & Human Behaviour Organisational

87 Organisational Behaviour & Human Resources Management (OBHRM) V-A3 Understanding V-A2 V-A1 Research andPublications V-A 88

Project Team: Business andHumanRights Project Team: Culture andMotivation Status: Sponsor: Summary: Project Team: Status: Sponsor: Summary: Summary: Research Projects

The primaryresearch questionsaddressed are: principlesofworkmotivation The Ritu Tripathi, Ongoing VRSP, IIM Bang different elementsofthecontext. of entrepreneurshipenablers facilitate that their interactionsand startups with industry cluster (Engel & del Pacio, 2009) and thekey differentiators are the and short business model cycles. Aninnovation cluster is different from an financing, staged opportunity, of pursuit relentless a by driven is transactions of pace the and mobile fluidly are knowhow and capital, people, of resources enterprises, many of whom evolved rapidly from astartup.Inthese ecosystems, composed process,of startups,businessessupportthestartup that and mature waysand new ofdoingbusiness.They are vibrant, effervescent ecosystems pools ofexpertise, capital, foster andtalent thedevelopmentindustries of new “hot spots”where newtechnologies germinatean astounding at rate andwhere According to(2015), Engel“Clusters ofInnovation(COI) are globaleconomic Abhoy KOjha Ongoing Wipro throug management? and business strategy overlap? How does rights-based discourse affect risk extent do human rights agenda,corporate socialresponsibility, sustainability, day-to-day business operations andininter-business transactions? To what in pose agenda rights human the does challenges specific What follows. as are valuechain? Someadditionalquestionstheresearch that attempts to answer business entitycarries towards the(indirectly impacted) rights holders in its context and nature specific of their business? Further, what is verytheextent of obligationeach that the in obligations rights human have) to need (or have The objective of the research is to understand Vasanthi Srinivasan

the

Innovation rsn rsac eaie te nlec o clue n ok behavior. work on culture of influence the examines research present Annual Report 2019–2020 h CCGC Collaborator: DanielCervone, University ofIllinoisatChicago alore

Cluster

Israel:

Lessons

for

the extent to which businesses India V Organisational Behaviour & Human Resources Management (OBHRM)

applicable worldwide? Might the empirical measures and operationalizations identified in Western psychological theories and applied management practices, have a Western ethnocentric bias? Might culturally-sensitive empirical measures provide new insights into the psyche of populations that constitute a major portion of the global workforce? Taking these research questions into account, we are examining the motivational variations in Indian and American corporate workforce of obligations versus autonomy through experimental and open- ended text data.

Sponsor: IIM Bangalore

Status: Ongoing

V-A4 Kumbh Mela Field Research

Project Team: Ritu Tripathi, G Ramesh and Prateek Raj

reach an optimal state of service and delivery in the Mela. The researchers are departments, ii) private partnering vendors, and iii) civic society, configure to

would include mode of organization, concrete structural aspects such as tenders focusing on both the hard and soft aspects of the configuration. Hard systems

Sponsor: Prayagraj Mela Pradhikaran, UP Government

Status: Ongoing

V-A5 Interventions towards Water Conservation in Cities

Project Team: Deepak Malghan and Kanchan Mukherjee

Summary: A large number of cities around the world are facing increasing water scarcity (World Bank, 2016). Rapid urbanization and rise in economic prosperity have brought water conservation on the policy agenda. With unequal distribution of water, much like wealth or income, those with more than adequate supply of water can be encouraged to reduce water usage. Water conservation efforts have Organisational Behaviour & Human Resources Management (OBHRM) Management Human Resources & Behaviour Organisational

89 Organisational Behaviour & Human Resources Management (OBHRM) Research andPublications V-A7 V-A6 90

Summary: Project Team: Sports andIndianSociety Status: Sponsor: Summary: Project Team: Aiding Better DecisionMakinginFood Choic Status: Sponsor:

taken many formsstructural including changes ontheuser-side suchaschange would revealhow racial and gender prejudices have provided opportunitiesto a beliefsrace, about gender class and equity. study A ofOlympians, boxers or golfers and culturaldynamics of human existence and sporting practices mirror societal anthropologistshave revealedreflective is sports worldof social the how the of it provides both eros (pleasure) andthanatos (wishfor destruction). Several Sigmund Freud arguedhuman beings engage that ingames andsports because - chances,mimicrydisorientation) alea andilinxsince timeimmemorial;while categories of playhuman beingshave that engaged with(agon-competition, four classified Caillois Roger sociologist Frenchsociety. and culture feature human significant of a is playing i.e., Ludens, Homo also are beings) reasoning The Dutch historian Johan Huizinga wroteHomo that sapiens (thinking Playing games and sports has been a defining characteristic of human existence. Sourav Mukherji Completed IIM Bangalore them make better dietchoices. help to order in consumers to items food of benefits and risks communicate to fewlast decades, there hasbeenagrowing interest ininvestigatinghow best 2014, more than25% of the globalwaspopulation overweight or obese. In the lives in countries where obesitymore kills In peoplethanundernourishment. workingagainst us. AsperWHO’sstatistics,mostoftheworld’s population Evolution’sill-health. survival mechanism of storing food reserves is now wasIt being obesewasthe middleof19thcenturythat notuntil considered Mukherjee Kanchan Ongoing IIM Bangalore especially given theirgrowing andproblematic useby policy-makers. Behaviouralinterventions require more research to understand thembetter, changes have beenmixed andmoreespecially nuanced, inthelong-term. changes have produced some results whereas behavioural-intervention based conserving (Waterhabits Research Foundation, 2016).average,On structural and awareness campaignsexhorting education users to reduce waste andform water- as such changes behavioural and showers, and taps lower-flow to Annual Report 2019–2020 e V Organisational Behaviour & Human Resources Management (OBHRM)

certain category of sports persons and how the suppressed categories have used their success in sports as platforms for protests and movements.

Sponsor: IIM Bangalore

Status: Ongoing

V-A8 Higher Educational Institutes of Excellence: IIT Bombay (Tentative and Indicative)

Project Team: Sourav Mukherji and Rishikesha T Krishnan

Summary: This research is part of our effort in trying to understand the higher education ecosystem in India with a special focus on institutions that have excelled in certain dimensions. The Indian Institutes of Technology (IIT) had been set up after India’s independence with the objective of laying a strong foundation for engineering/technical education in India. During the last decade, IIT Bombay (in Mumbai) has established itself as a leading institute among the IITs. Not only have they risen rapidly in national and international rankings, close to 75% of students among the top 100 in the IIT-JEE merit list prefer to join IIT Bombay. Anecdotal evidence indicates that faculty members from IIT Bombay, especially those with background in Computer Science and Electronics are in great demand from leading IT organizations such as Google and Microsoft as advisers and research collaborators. Through our research, we would like to understand the practices and measures that IIT Bombay had adopted and resulted in their ascendancy towards global recognition; and thereby surpassing their peer group. Insights thus obtained would help to disseminate best practices that may be adopted by other similar institutes to create positive impact on the higher education ecosystem in India.

Sponsor: IIM Bangalore

Status: Ongoing

V-A9 Institutional Co-operation across Status among Healthcare Workers, and Its Influence on Hospital Performance

Project Team: Shibashis Mukherjee, Fabio Rojas, Emily Meanwell, Rishideep Roy and Clayton Thomas

Summary: The project aims to study mixed method analysis in hospital management, longitudinal data analysis of hospital performance and collaboration of

Sponsor: VRSP,healthcare IIM Bang provider’salore influence on that performance.

Status: Ongoing Organisational Behaviour & Human Resources Management (OBHRM) Management Human Resources & Behaviour Organisational

91 Organisational Behaviour & Human Resources Management (OBHRM) Research andPublications -1 Household V-A11 V-A10 92

Project Team: Status: Sponsor: Summary: Project Team: Role ofEmotionManagementinOrganizations Summary:

Influences

Shibashis Mukherjee Ongoing IIM Bangalore nrpeerhp s ytmtcly fetd y oshl ifune. Its qualitative usingoriginalsurvey data techniques and interviews from more influences. household by frameworkmodel springsfrom mixedBoth quantitative modedata. and affected systematically subsistence how is for model entrepreneurship framework a refining at aimed is research This Jayaram Uparna intention, stress, emotionalexhaustion andoverall well-being (Mishra, 2014). implications for employees’ outcomes such as jobsatisfaction, turnover significant its considering important equally is labor emotional managing for more likely tobybullied be passengers (Lively,2000). Mentoring employees’ encouraged to do reciprocalamong coworkers emotionmanagement as they are counters for longer duration (Lee et al., 2017). Additionally, flight attendants are waitingfor the securitycheckprocess by exposing themto emotionally charged or flight a for late running of challenges face who customers impatient with up cope to trained are industry airline the in personnel flight example,For 2000). coworkersamong emotion management (Diefendorff & Gosserand, 2003; Lively, emotions, adjustingshiftingone’sfocus andencouragingcontact, reciprocal customerquality service throughin afriendly speaking tone,eye maintaining as wellskills with emotionmanagement as for deploying different strategies for roles as well as in dealing with difficult situations at ease. Mentors’ can equip them mentors can greatly helpprotégés inovercoming stress oftheir arising outwork tothe demandsofcustomers manage (Bhave2016).this regard, &Glomb,In unique tosocial groups. particular be successfully Emotionscan tool usedasa (Hochschild, 1983). Some rulesmay benearly universal, whereas other rules are status group or membership group of patterns reflect to tend situations) given to feel),display rules(whatto express),behavioral and rules (how to in act positive display of emotions and their emotional labor. Feeling rules(what employee’s influencing in mentoring workplace of role pivotal the recognizes 2015; Blake-Beard 2017); et al., there hasbeenscarcity of scholarly work that and organizationaloutcomes (Sun, Pan &Chow, 2014; Arora & Rangnekar, in demonstratingthe prominent of mentoringimpact governing in individual past decade has witnessed the increased focus of researchers and practitioners employees their manage emotions duringcustomer interactions. While,the attempts to provide insights ontherole ofmentoring relationships inhelping Drawing from thecurrent thetheories on emotionresearchmanagement,

on Annual Report 2019–2020

Indian

Subsistence and Dr. Abbi Kumool (Panjab University)

Entrepreneurship V Organisational Behaviour & Human Resources Management (OBHRM)

than 700 entrepreneurs in rural India were collected. The study answers the call to recognize how international subsistence entrepreneurship is distinct from transformative entrepreneurship set in Wall Street. Analyses indicate

by controlling not only skills and capital, but also through limiting labor. Trust that households influence entrepreneurial decision making and engagement acts as a governing mechanism and – in the caste-dominated rural landscape in India – is associated with entrepreneurial vibrancy. After discussing the societal

India, I present testable propositions that merit further investigation. drivers, influencers and impediments of subsistence entrepreneurship in rural Sponsor: IIM Bangalore

Status: Ongoing

V-A12 Comparative Study of Systems of Justification among Indian Students of Business/ Management Institutions

Project Team: Israel Fortin and Andre Tremblay

Summary: The indianisation of business/management discourses remains a major issue in Indian higher education institutions (Thakur & Babu, 2016). This project analyses how Indian students appropriate neo-managerial and entrepreneurial discourses during their MBA programme. The manner in which students justify

them. We will interview the students of MBA programmes of two prominent their social conduct reveals the dynamics of systems of justification among Indian management schools. We will conduct approximately twenty to thirty interviews of one hour in each school which mostly focus on the projections of the students of their courses of action in their future careers. Furthermore,

better understand the dynamics of group discussions and networking among we will record and analyse five to ten focus groups in these two schools to the students. This research will help to better understand economic mutations in light of social transformations and how discursive transformations among Indian management students will shape the future of entrepreneurship in India.

Sponsor: Shastri Research Student Fellowship: Doctoral Category 2019-20 R1

Status: Ongoing

V-A13 Transition from Passive to Active Logic Maintenance: Pre-existing Complementary Knowledge Tensions and Implicit Roles Tensions in Multilateral Innovation Projects

Project Team: Israel Fortin

Summary: This project studies institutional logics tensions in multilateral innovation

understand how partners who were initially perceived to be complementary projects to determine how third parties influence bilateral tensions, and to were later perceived to be incompatible. We expected institutional logic Organisational Behaviour & Human Resources Management (OBHRM) Management Human Resources & Behaviour Organisational

93 Organisational Behaviour & Human Resources Management (OBHRM) Research andPublications -1 Can V-A15 V-A14 94

Summary: Disruption Status: Sponsor: Status: Sponsor: Project Team: Project Team: Cycles ofPublicly Funded University-Industry Innovation Summary:

Incumbents

Israel Fortin maintenanceand inter-logic tensions betweenand theindustry, academia but IIM Bangalore funded by theindustry. the industry,compared toresults the of academicinnovation projects are that results of some publicly funded innovations projects involving academiaand qualitativestudy multiple-case contributes to explainingthe disappointing implemented innovations despitethe chiefoftheseprojects. beinggoal This led to aself-sustainingcycle of innovation projects rarelythat resulted in collaborationsbetween universitiesthe industryto and thrive. These practices others involuntarily postponed innovationwhile implementation, allowing still exaggerated emphasiswasthat on some placedpracticesthe expense at of innovation projects inportlogistics. Intheten projects investigated, an observedI interorganizational an cycle in publicly fundeduniversity-industry Ongoing IIM Bangalore increased additionally contributed to active logicmaintenance. in theperception of logics ascomplementaryorthetensionsincompatible from theinteractions oftherepresentatives ininnovationprojects. Thechange more active logicmaintenance followingthe emergence ofroleimplicit tensions are associatedpassive with logicmaintenancesubsequently transition to a and within thelogics.We argue thatthepre-existing knowledge tensions that collaborationserved maintenancelogic mechanisms ofinstitutional as among collaborationthe roleimplicit the and tensions emerged that directlyfrom the justified that knowledge complementary pre-existing the involving Tensions additionally found intra-logictensions betweenand suppliers. multinationals disruption can be inflated or deflated by incumbents, but can be hardly avoided. processes literature, we suggest auniqueframework for understanding how rigid legacy ecosystems. Integratingtheory andinnovationneo-institutional innovationto platform innovation, disruptionappearsto beinevitablein some chain service and supply from transitions difficult of cases past to According Ongoing Israel Fortin

Deflate Annual Report 2019–2020

Disruption?

Institutional

Logic

Maintenance

and

Incumbent

V Organisational Behaviour & Human Resources Management (OBHRM)

We provide a predictive model of disruption potential and formulate four new propositions linking the concepts of active and passive institutional logic maintenance and the process of disruptive innovation.

Sponsor: IIM Bangalore

Status: Ongoing

V-A16 Future of Work and its Perceived Impact on Mid-Career Professionals

Project Team: Gopal P Mahapatra

Summary: The world of work has been changing radically, more so, in the last two decades. Along with that, huge career opportunities and some newer challenges seem to be appearing for the newer work force (Gratton, 2011). The thrill of new career opportunities as well as fear of job-loss looms large for most mid-career professionals in developed countries and emerging economies too. The PwC report (2017) titled “Workforce of the future – The competing forces shaping 2030”, carries a comment from Blair Sheppard, PwC’s Global Leader, Strategy and Leadership Development “it’s not just about acquiring knowledge, but about how to learn. … we should remember that intellectual complacency is not our friend and that learning – not just new things but new ways of thinking – is a life-long endeavor.” The term ‘megatrends’ in recent times is used to include – rapid technological advances, demographic shifts in age, size and distribution of the world’s population, widespread urbanisation, economic power-shift between developing and developed countries, and, depleting natural resources resulting in the rise of alternative energy sources and livelihood. Clearly, of

significant concern is the rapidly evolving area of automation, machine learning per the report, skills for the future include problem-solving, leadership, EQ and artificial intelligence holding the threat of replacing jobs and skills. As (Emotional Intelligence), empathy, creativity, innovation, imagination, and design skills, which will be prioritized by employers. Individuals are alerted to remain aware and vigilant of the technological innovation trend and what it might mean to them preparing to ‘expect the unexpected’; nurture skills in areas of emerging technologies, else identify gaps where human skills are imperative and build those capabilities; and continuously adapting, balancing personal and professional aspirations, to reach out to the next best thing to do.

Sponsor: IIM Bangalore

Status: Ongoing Organisational Behaviour & Human Resources Management (OBHRM) Management Human Resources & Behaviour Organisational

95 Organisational Behaviour & Human Resources Management (OBHRM) Research andPublications V-B V-B1 V-B2 V-B3 V-B4 V-B5 V-B6 V-B7 96 No. Sl.

Articles in Academic in Articles Journals E SSrinivas Shu, Subra Tangaila, Insiya Hussain, Rui Kulkarni Lauren Apgar Meanwell and Shibashis Mukherjee, Clayton DThomas, Fabio Rojas, Ojha, Venkateswaran and Ramya T. Upadhyay andDivyaKanchan Mukherjee, Kanchan Mukherjee, Tatavarthy and Aruna Divya and Tripathi Barjinder Singh, T. T. Selvarajan, Authors Abhoy K , , Emily Mukta , Ritu

employee voice redundancy inhibits effect: How information The voice bystander Challenges andopportunities Digital accessibility: status physicians cooperation withhigher perceive opportunitiesfor infection preventionists in thehospital:How Complementary work sciences philosophy ofthesocial A perspective from the based research? Notyet! Abandon Hofstede- management styles competitive conflict on cooperative and Effect ofmentalconstruals replacement effect ondurable goods Payment modesandtheir Organizational Support Orientation andPerceived Individual Power Distance in Mexico: TheRole of and Employee Outcomes Psychological Empowerment Annual Report 2019–2020 Title ofPaper Management Journal Academy of Review IIMB Management and Organization Journal ofProfessions Review Asia Pacific Business Management Journal ofConflict International Marketing Journal ofConsumer Management Journal SAM Advanced Name ofJournal Pg. 828-849 2019, Vol. 62(3),June Pg. 91-98 March 2019, Vol. 31(1), Pg. 196-212 July 2019, Vol. 6(2), Pg. 413-434 Vol. 2019, 25(3), Pg. 202-226 Vol. 2019, 30(2), Pg. 484-493 Vol. 2019, 36(4), Pg. 4-21 Vol. 84(4),2019 Publication Details of

V Organisational Behaviour & Human Resources Management (OBHRM)

V-G Other Publications (Magazines, Monographs, Reports, Working Papers of other Institutes, etc.)

Sl. No. Authors Title of Publication Type of Publication V-G1 Srinivasan, CHROs: Enablers of value NHRD Network Journal, Vol. 12(4), Vasanthi creating boards December 2019, Pg. 357-363 V-G2 Srinivasan, Ambidexterity in CHRO roles: NHRD Network Journal, Vol. 12(2), Vasanthi Balancing exploitative with 2019, Pg. 174-185 exploratory roles V-G3 Srinivasan, Other Report: High Level Committee Vasanthi committee report on CSR, 2019 Member of the final drafting V-G4 Srinivasan, Principal Researcher Other Report: Corporate India Vasanthi Assessment and Evaluation supported by National Human Rights of Business and Human Commission, 2019 Rights Reporting V-G5 Srinivasan, Principal investigator Other Report: Wipro Foundation, Vasanthi Human Rights Disclosures: A 2019

V-G6 Kulkarni, Mukta studyIndependence, of select Indian firms Emerald Publishing, December and Eddy Ng interdependence, and the 3, 2019, https://www. community emeraldgrouppublishing.com/ promo/independence-blog.htm

V-H Seminar/Conference/Workshop Presentations/Invited Talks

Title of Paper/Session/ Name of Conference and Dates of Sl. No. Authors Invited Talk Venue Event V-H1 Ojha, Abhoy K and Organizational identity and EGOS Conference, UK July 4-6, Maithily M Pendse change: Integrating multiple 2019 identities as a response to a dynamic external context V-H2 E S Srinivas Distinguished Panel Discussant Biennial Conference January for the session on Indian of Indian Academy of 2-4, 2020 wisdom and executive education Management (INDAM in India 2020), IIM Tiruchirappalli V-H3 Kulkarni, Mukta Invited speaker at the Korea University, Seoul, January 10, International HRD Seminar in South Korea 2020 Asia V-H4 Kulkarni, Mukta The making of a (dis)abled Critical Management June 27-29, and Jammaers, E entrepreneur Studies Conference, Milton 2019 Keynes, UK Organisational Behaviour & Human Resources Management (OBHRM) Management Human Resources & Behaviour Organisational

97 Organisational Behaviour & Human Resources Management (OBHRM) V-H14 V-H13 V-H12 V-H11 V-H10 V-H15 Sl. No. V-H9 V-H8 V-H7 V-H6 V-H5 Research andPublications 98 Tripathi Tripathi Tripathi Tripathi Tripathi Tripathi Tripathi Malhotra, Pearl Van Laer Gemma Bend,Koen Kulkarni, Mukta Jannine Williams, Eline Jammaers, Kulkarni, Mukta Srivardhini K Sourav andJha, Mukherji Authors , Ritu , Ritu , Ritu , Ritu , Ritu , Ritu , Ritu , and Challenges Asian Context: Opportunities Management Research inthe What theEditors Say’, Sharing inManagementCourses Retention,Engagement, and YouTube to Improve Student Harnessing thePower of Boundaries Theoretical andMethodological Motivation: Pushingthe A Cultural Perspective on Social Context Cultural Intelligence inIndian Boundaries Theoretical andMethodological Motivation: Pushingthe A Cultural Perspective on and Challenges Asian Context: Opportunities Management Research inthe What theEditors Say, Indigenous Lens Humanistic Leadershipfrom Comparisons Examining the IndianContext :Global Humanistic Leadershipin & Heuristics How doHumans Think?–Biases Ableism andNormality Co-convener ofStream on Mphasis ChairWebinar Learning Approach Partnership: AnExperiential Development of International Annual Report 2019–2020 Title ofPaper/Session/ Invited Talk Gurgaon Academy ofManagement, Partnership with:Indian BML MunjalUniversity Boston, USA 2019 AnnualMeeting, Academy ofManagement LaCrosse, USA University ofWisconsin, Department ofPsychology, USA NewHaven,Management, Yale Schoolof LaCrosse, USA University ofWisconsin at Department ofPsychology, Gurgaon, India Academy ofManagement, Partnership with:Indian BML MunjalUniversity in Denmark Business, Copenhagen, Academy ofInternational SIBM Nagpur Keynes, UK Conference, Milton Management Studies 11th International Critical employees) Webinar (for Mphasis Conference, Boston Academy ofManagement Name ofConference and Venue 9-13, 2019 August 22, 2019 November 4, 2019 December 22, 2019 November 2020 January 7, 2019 June 24-27, 27, 2019 September 2019 June 27-29, 19, 2020 February 2020 January 7, 2019 August Dates of Event V Organisational Behaviour & Human Resources Management (OBHRM)

Title of Paper/Session/ Name of Conference and Dates of Sl. No. Authors Invited Talk Venue Event V-H16 Mukherji, Sourav Invited Speaker: Inclusive Faculty Member of May 27, Business Models Sustainability from 2019 Northeastern University, Boston, Kathmandu, Nepal V-H17 Mukherji, Sourav Levers of Effective Teaching DS faculty workshop at July 5, 2019 IIM Bangalore V-H18 Mukherji, Sourav Keynote Speaker: Effective CSR Tata Power, New Delhi July 24, 2019 V-H19 Mukherji, Sourav Speaker on Organization Culture National Human July 25, Resource Development 2019 Organization, Chancery Pavilion, Bengaluru V-H20 Mukherji, Sourav Keynote Speaker: Improving NIPM event, R V Institute, August 16, Research and Teaching Skills Bengaluru 2019 V-H21 Mukherji, Sourav Address First Year PGP Mitr, student group at IIM October 10, Students on How to Overcome Bangalore 2019 Apprehension about Summer Placement Interviews V-H22 Mukherji, Sourav Case Teaching, One-Day Event Student club Vikasana, IIM January 12, Bangalore 2020 V-H23 Mukherji, Sourav Impact, Leadership and Student club Vikasana, IIM January 12, Innovation in the Social Sector Bangalore 2020 V-H24 Mukherji, Sourav Keynote Speaker: Inclusive G S College of Commerce, January 23, Business Models: Touching Lives Nagpur 2020 and Creating Livelihoods V-H25 Mukherji, Sourav One of the Speakers at Last PGP event, IIM Bangalore February Lecture 24, 2020 V-H26 Moon, J, Morsing, Fit or Friction: The Role of Academy of Management August M, Hoffman A Sustainability Centres in Conference in Boston 2019 and Srinivasan, Integrating Sustainable Business Vasanthi Education V-H27 Gulshani R and Human Resource Management Biennial Conference January Srinivasan, in Small and Medium of Indian Academy of 2-4, 2020 Vasanthi Enterprises: Review, Critique Management (INDAM and Suggested Research 2020), IIM Tiruchirappalli Directions V-H28 Srinivasan, Human Rights Disclosures in the Biennial Conference January Vasanthi and IT Sector of Indian Academy of 2-4, 2020 Parvathy V Management (INDAM Organisational Behaviour & Human Resources Management (OBHRM) Management Human Resources & Behaviour Organisational 2020), IIM Tiruchirappalli

99 Organisational Behaviour & Human Resources Management (OBHRM) V-H29 V-H30 V-H31 V-H32 Sl. No. Research andPublications 100 V-I V-I-4 V-I-3 V-I-2 V-I-1 Sl. No.

Thomas, C Shibashis Mukherjee, Shibashis Mukherjee, Shibashis Mukherjee, Uparna Articles in Conference in Articles Proceedings Kulkarni, Mukta Fortin Srinivas S., and Yan, T., Tangirala, and ESSrinivas H., Tangirala, S., Hussain, I.,Park, Authors Authors , Jayaram , Israel E S and

Care inU.S. Hospitals Assertion Strategies inPalliative Authority Work: Emotion Indian Palliative Care Efficiency: AFieldStudy in Management Towards Work Truth-Telling andEmotion Mentoring Labor: Role ofWorkplace Managing Employees Emotional Contexts Decision MakinginSubsistence Innovation Project Cycles Irony-as-Practice inMultilateral Fitzsimmons, S.&Martin,L.) and InclusioninIB(Chaired by and Opportunitiesfor Diversity Intersectionalities: Challenges Symposium onInternational Antecedents andConsequences Prosocial Behavior: Its New Directions inUnethical Umphress; B.Bingham (Chairs), Why itOccurs.InTaiyi Yan; E. Behavior Contagion:How and Unethical Pro-Organizational Voice and Responses to Employee for ManagerialFacilitation of Voice Happen:NewDirections Insiya Hussain(Chairs),Making Workplace. InHyunsunPark & Employee Persuasiveness inthe Social UpbringingImpacts Imprints ofthePast: How Annual Report 2019–2020 Title ofPaper/Session/ Invited Talk Title ofPaper New York, NY Association Conference, The AmericanSociological Management, Birmingham Management, British Academy of BAM2019 Conference, IIT Delhi Boston Library, Boston Name ofConference and Details oftheConference Proceedings States, August 9-13,2019 2019, Boston, Massachusetts,United 79th AnnualMeetingoftheAcademy States, August 9-13,2019 2019, Boston, Massachusetts,United 79th AnnualMeetingoftheAcademy States, August 9-13,2019 2019, Boston, Massachusetts,United 79th AnnualMeetingoftheAcademy States, August 9-13,2019 2019, Boston, Massachusetts,United 79th AnnualMeetingoftheAcademy Venue 13, 2019 August 10- 3-5, 2019 September 2020 January 17, 2019 August 10, Dates of Event V Organisational Behaviour & Human Resources Management (OBHRM)

Sl. No. Authors Title of Paper Details of the Conference Proceedings V-I-5 Kulkarni, Mukta GDO Junior Faculty Consortium, 79th Annual Meeting of the Academy Panel on Becoming Impactful 2019, Boston, Massachusetts, United Scholars (Chaired by Ng, E. & States, August 9-13, 2019 Baldridge, D.) V-I-6 Kulkarni, Mukta Symposium on Advances in 79th Annual Meeting of the Academy and Baldridge, D., Disability Research: Toward 2019, Boston, Massachusetts, United Greater Understanding of States, August 9-13, 2019 Inclusive Organizations V-I-7 Kondayya A. and Stigmatized Identities and British Academy of Management, Malhotra, Pearl Media in an Atmosphere Birmingham, United Kingdom, of Criminality: A Case of September 3-5, 2019 Homosexual Individuals in India (744) V-I-8 Malhotra, Pearl Shame on Her Poor Her: British Academy of Management, and Srinivasan S Understanding the Impact Birmingham, United Kingdom, of Patriarchal Orientation on September 3-5, 2019 the Perceptibility of Injustice Against Women (967) V-I-9 Malhotra, Pearl Building Trust to Create British Academy of Management, Crowdsourcing Acceptance Birmingham, United Kingdom, (962) September 3-5, 2019

V-J IIMB Case Studies @ Harvard Business Publishing

V-J1 Title: Coats Indonesia: Leadership Challenges in an Unfamiliar Culture

Author: Abhoy K Ojha and Arun Bansal

Summary: Anurag Bhatt (AB), Managing Director (MD) of Coats Indonesia, was on a

flight from Bangalore to Singapore on his way to Jakarta after a vacation. On the flight, he was reflecting on an issue that he had encountered just before the vacation but not yet addressed. It would definitely be one of the first issues he Procurement, currently occupied by an expatriate, had not been received with would have to handle on his return. An effort to fill a senior position, Head of enthusiasm by those who seemed to have the potential to take on the role. One- on-one conversations with the potential candidates had not helped as each one suggested the name of another person as more suitable for the role. He had

Nothing in his past experience helped him understand how these people were faced similar difficulties in recruiting Indonesians to occupy other senior roles. unwilling to accept an opportunity for career growth. One of the goals that had been assigned to him as he accepted his current role was to reduce the number Organisational Behaviour & Human Resources Management (OBHRM) Management Human Resources & Behaviour Organisational

101 Organisational Behaviour & Human Resources Management (OBHRM) Research andPublications V-K1

V-J2 102 - Leading V-K

Authors: Title: Journal: Author: Abstract: Title: Summary: 50, UTDallas. which articles Journal have appeared listed academicjournals, inleading Times inFinancial

Journal Insiya Hussain, R aida Financial Mahindra Employees of expatriatessenior inranks inCoatsIndonesia.Thiswasfeasiblenot unless individuallyresponsible for informationthat bringingup Wemanagers. with information issharedemployees, among thelessanyemployeeparticular feels phenomenon: Voice is prone to “bystander effects,” themoresuch that, certain by, frontline employees. We propose a previously unexplored explanationfor this dark issues about arethat otherwise wellknown to, or universally understood related ideas, concerns, and opinions. As aresult,managerscanremain inthe Academy ofManagement Journal Employee Voice The Voice BystanderEffect: How RedundancyInformation Inhibits growth. was smooth and thatthenewstructure created architecture for further business MMFSL adoptedthat in implementingthechangeensured thetransitionthat change andwhat was theimpactof the structuralchange? The elaborate process MMFSL to consider the structuralchange, how it went the implementing about adopted a product-based structure. The case describes the conditionsled that facilitatingthan itsgrowth.Therefore, itundertook arestructuringexercise and diversity,MMFL felt the regionalthat structure was creating constraintsrather structure. However,growthwith in termsin businessboth ofvolumeand moreMMFSL grew thanUS$1billion. asanorganization followinga regional and passenger vehicles. Thecompany isnearly 30yearsturnovera oldwith of commercial, tractors, of financing with involved largely organization services Sourav Mukherji Mahindra Restructuring FinancialServices: forGrowth managers inparticular. better understanding of the drivers of behavior of Indonesians ingeneral and country,in the wasbut towilling frominputs get anyone who mighthave a greaterwith responsibility. He hadsome ideas, basedontheshort experience Coats Indonesiatomanagers in of enthusiasmamong the lack take onpositions managers werelocal to willing rise to theoccasion.Heneededway a to address

Publicatio Annual Report 2019–2020 often remain silentrather thanspeakupto managers withwork- ui Shu,Subra Tangaila, ns evcs MFL i a Ida nnbnig financial non-banking Indian an is (MMFSL) Services E SSrinivas V Organisational Behaviour & Human Resources Management (OBHRM)

theorize that such bystander effects are especially likely to occur when peers of focal employees, on average, enjoy high-quality relationships with managers and thereby have adequate relational access to voice up the hierarchy. Using a correlational study involving managers and employees working in teams in a Fortune 500 company, as well as two experimental studies (a laboratory study involving undergraduate students working in a hierarchical setting, and a scenario study with a sample of U.S.-based workers), we provide evidence for our conceptual model. We also discuss the theoretical and managerial implications

Listings: of- ourFinancial findings. Times 50

- UTD 24

V-L Awards, Honours, and Achievements

V-L1 Prof. Mukta Kulkarni, Mphasis Chair for Digital Accessibility and Inclusion.

V-L2 Prof. Mukta Kulkarni, Editorial Board Member and Associate Editor,

1. Human Relations from May 2016. 2. Equality, Diversity and Inclusion: An International Journal from February 2017-September 2019, Associate Editor from October 2019. 3. Journal of Organizational Behavior from July 2017

V-L3 Prof. Vasanthi Srinivasan, MED Global Forum Best Symposium Award for the symposium that

and/or development, AOM Conference 2019 Boston. best creates the opportunity to address global issues of significance to management education V-L4 Prof. Ritu Tripathi, Associate Editor, South Asian Journal of Human Resource Management from March 2015.

V-M Doctoral Theses Completed by FPM Students during 2019–2020

Sl. Name of the Members of the Dissertation Title No. Student DAC Committee V-M1 Shaivi Mishra Dealing with the Stigma of Dirty Work: Mukta Kulkarni The Coping Mechanisms of Waste Pickers Ganesh N Prabhu Abhoy K Ojha V-M2 Maithily Understanding Processes of Abhoy K Ojha Milind Pendse Organizational Self in Managing Multiple Sourav Mukherji Identities: The Study of an Indian Hotel Ganesh N Prabhu Chain and Its Subsidiaries Organisational Behaviour & Human Resources Management (OBHRM) Management Human Resources & Behaviour Organisational

103 Organisational Behaviour & Human Resources Management (OBHRM) V-O V-N V-O1 V-O2 V-O3 V-O4 V-O5 Research andPublications V-N1 V-N2 104 No. No. Sl. Sl.

Yangerjungla Romana Gulshani 2019–2020 Papers Presented by FPMStudents in Conference/Seminar during Dissertations ProposalDissertations by 2019–2020 FPMStudents during Prof. Vasanthi Srinivasan Romana Gulshaniand Anupama Kondayya and Prof. Abhoy KOjha Yangerjungla Pongener and Prof. Abhoy KOjha Yangerjungla Pongener Prof. Pearl Malhotra Anupama Kondayya and Name oftheStudent Name ofthe Student Identity Work andtheMaintenance ofIdentitySynergy Professionalization ofStart-ups Understanding Role ofVenture Capitalistsin Annual Report 2019–2020 Research Directions Critique andSuggested Medium Enterprises -Review, Management inSmalland Human Resource of theKinnarAkhara inIndia Entrepreneurship: TheCase Model ofInstitutional A Multi-InstitutionDiscursive (hybrid) Organization a Religious-Social-Business Organizational Identities of Hybridity: Multiple Shaping andSustaining of aHybrid Organization Hybridity: MultipleIdentities Shaping andSustaining India Homosexual Individuals in of Criminality:ACase Media inAnAtmosphere Stigmatized Identitiesand Title ofthePaper Topic 2020, IIMTrichy (INDAM) Conference of Management Indian Academy Sixth Biennial 2020), IIMTrichy Management (INDAM Indian Academy of Conference ofthe Sixth Biennial Portugal (EURAM), Lisbon, of Management European Academy Portugal (EURAM), Lisbon, of Management European Academy Aston University Conference 2019, of Management British Academy Details ofthe Conference April 11,2019 May 21,2019 2-4, 2020 January 2-4, 2020 January 2019 June 26-28, 2019 June 26-28, 3-5, 2019 September Date Date

V Organisational Behaviour & Human Resources Management (OBHRM)

V-P Publications by FPM Students (Journal articles/book chapters/cases/ book reviews) during 2019–2020

Name of the Name of the Publications Sl. No. Title of the Paper Student Journal/Book Details V-P1 Romana Gulshani A Process Model of Talent NHRD Network Vol. 12(2), 2019 Management in Structurally Journal Ambidextrous Organisations V-P2 Sweta Singh and K Can Subordinate Voice Prevail Management Vol. 43(7), 2020, V Gopakumar with Abusive Supervision? Research Review Pg. 773-786 A Conceptual Model Using Conservation of Resources Perspective

V-Q Awards, Honours and Achievements by FPM Students in 2019–2020

Sl. Name of the Student Details of the Award Date No. V-Q1 Romana Gulshani Human Resource Management in Small and Medium January 4, and Prof. Vasanthi Enterprises: Review, critique and suggested research 2020 Srinivasan directions, Best Paper Award in HR Track, Best Paper Award at Conference, Sixth Biennial Indian Academy of Management (INDAM) Conference 2020, IIM Trichy Organisational Behaviour & Human Resources Management (OBHRM) Management Human Resources & Behaviour Organisational

105 Productions and Operations Management (P&OM) Research andPublications 106 VI serving asmembersofprofessionallyserving constituted boards. professionaloffer advice to business academicand byinstitutions and regularly contributing to businessdailies. The Areaalso members teaching, writingprofessional andtextbooks andresearch monographs international conferences, developingcase studiesresearch for and internationalin journals of repute,national and in participation tonumerous thoughtleadershipin ways including publications inProduction& Operations faculty Management Area has contributed consultingand executive education programmes. the years, the Over toaddition In and appliedresearch, basic the Areaactive is in faculty Operations Strategy, andProject Management. Empirical Operations, OperationsManagement, Service Management, Management and Strategy, Product Game Theory, Development, Revenue areas ofSupply Operational Analytics, ChainManagement, Technology conductsresearch faculty andoffersgraduate-level coursesthe in organizations.toand service managingbothmanufacturing The area together a diverse andarichexpertise setof several in areas pertaining Production in businesses.& Operations The faculty Management brings P Management (P&OM) Productions andOperations a leading role addressingin key andtopical issues ofconcern to roduction& Operations Management Areathe inInstitute plays Annual Report 2019–2020 VI Productions and Operations Management (P&OM)

VI-A Research Projects

VI-A1 Supply Chain Challenges Faced by Indian SMEs

Project Team: Haritha Saranga

Summary: Ninety percent of industrial organizations in India are categorized into micro, small and medium scale industries (IBEF Report). The small and medium scale enterprises (SMEs) contribute towards 17% of Indian GDP and account for 40% of India’s total exports. SMEs in India generate millions of jobs, especially at the low-skill level, as they employ approximately 40% of India’s workforce. SMEs also act as key channel partners in the industrial supply chains, as they contribute to 45% of India’s manufacturing output.

Sponsor: IIM Bangalore

Status: Ongoing

VI-A2 Managing Supply Chain Disruption and Scale Up Post Demonetization at SPMCIL

Project Team: U Dinesh Kumar, Haritha Saranga, Jishnu Hazra and Amar Sapra

Summary: Security Printing and Minting Corporation of India Limited (SPMCIL) is engaged in the manufacture of security papers, minting of coins, printing of currency and bank notes and non-judicial stamp papers. The company has four presses, four mints and a paper mill to meet the requirements of RBI for currency notes. More than 40% of the currency notes circulated in India are printed by SPMCIL. In this case, we will be discussing how SPMCIL managed the supply chain and scaled up its operation post demonetization in December 2016.

Sponsor: IIM Bangalore

Status: Completed

VI-A3 Mukhyamantri e-Eye Kendram (MeEK)

Project Team: Haritha Saranga

Summary: Millions of people around the world are at the risk of developing permanent visual impairment due to lack of ophthalmic services. In a country like India, the ophthalmologist-patient ratio is dismal, at 1:10,000. According to the Registrar General and Census Commission and the World Health Organization statistics, about 70% of the population in India lives in rural areas and about 70% of the eye care professionals live in urban areas.

Sponsor: IIM Bangalore

Status: Completed Productions and Operations Management (P&OM) Management Operations and Productions

107 Productions and Operations Management (P&OM) Research andPublications IA Facilitators VI-A5 VI-A4 108

Summary: Project Team: Convenience (kirana) Stores Status: Sponsor: Summary: Project Team: Assessment ofIndustryReadiness forManufacturingofBattery ElectricV Status: Sponsor:

Cashless The objective ofthis stud Completed SAARC Ener The dearthofknow Battery electric Ongoing CDFI, NewDelhi kirana stores through digitallinkages withbanks. to flows credit and suppliers their and storeskirana the between relationships accompanying analytics, linkages withthesuppliernetworks andthecausal and transactions their of digitization the from stores kirana to flow could that benefits purchases, cashless make to means the acquire levels income lower of cashlessretailadoption transactions when vast a of consumers number at networkfor cashlesstransactionskirana at stores, potentialissues faced inthe conducted at thekirana stores. It alsoexaminesof viabilityanacceptance retailfacilitatesmodel that application micro-payments for retailtransactions nature ofconvenience stores (kiranamarket) andto suggestanexperimental Krishna SundarD and Pakistan. from theperspective of various stakeholders in theBEVvalue chains in India awareness. Weassessment oftechnologyan carry out also valueproposition role of governments; linkages across technologies, market needs and social level technology adoptionprocesses and their organizationalreadiness; the firm on insights provide to expect study,we this Through Pakistan. and India China, and compare these with the context inSAARC countries, in particular we study two countries currently leading the globalEV revolution: USA and of the industry readiness for BEVs in Pakistanand India.As partof this project, BEVs adoptionandmanufacturing,emphasis onassessment particular a with This project intends to carry out acomprehensive study ofglobaltrends in toobstacle an consequentlyand adoption mass manufacturingthe of BEVs. process andBEVs continueto remain anicheoffering inPakistan andIndia. technologicalinnovations, lessdeveloped countriesremain slowin theuptake especially, indeveloped countries fordecade. Unfortunately, thelast like other Haritha Saranga, Syed ZahoorHassanandShakeel SadiqJajja Annual Report 2019–2020

Transactions

gy Center vehicles (BEVs) have been gaining traction theworld over, ledge andawareness pertinentto context thelocal remains

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VI Productions and Operations Management (P&OM)

VI-A6 Developing a Dynamic Credit Risk Model for Estimation of Repayment Burden and Probability of Default for Educational Loans

Project Team: Krishna Sundar D and Jayadev M

credit scoring model for educational loans and credit rating software. Summary: The objective of this project is quantification of default risk and development of Sponsor: Centre for Digital Financial Inclusion, New Delhi

Status: Ongoing

VI-A7 Case Study on Global Product Development and Other Study Materials

Project Team: Anshuman Tripathy

Summary: A paper on the global product development efforts of five companies proposing Prof. Anshuman Tripathy in IEEE Transactions on Engineering Management. a methodology for firms to design their global product has been published by To enable this to be taught in class, there is a plan to develop a case study (hypothetical though).

Sponsor: IIM Bangalore

Status: Ongoing

VI-A8 Product Development Capabilities Relating to Offshoring and Outsourcing

Project Team: Anshuman Tripathy

Summary: Prior research by Prof. Anshuman Tripathy has focused on the design of globally distributed product development organizations. This research takes it forward

decisions (the motivation comes from the current ranging debate on what and and explores how the parent firm’s competencies get impacted with such how much of design, development and manufacturing can USA bring back, given that these were offshored successively over the past decades).

Sponsor: IIM Bangalore

Status: Ongoing

VI-A9 Resource Planning at Akshaya Patra Vrindavan

Project Team: Anshuman Tripathy

Summary: An earlier case (Resource Planning at Akshaya Patra Vasanthapura) had looked into the planning process at the Vasanthapura kitchen which is a rice kitchen. The Vrindavan kitchen is a chapati kitchen, with added complexities of being a hub in a hub-spoke system and the newly added nuance of taking care of Productions and Operations Management (P&OM) Management Operations and Productions

109 Productions and Operations Management (P&OM) Research andPublications VI-A10 110 VI-B VI-B1 VI-B2 VI-B3 VI-B4 VI-B5 No. Sl.

Status: Sponsor: Summary: Project Team: Simulation GameforInvent Status: Sponsor: Articles in Academic in Articles Journals and Hazra, Jishnu Prakash Awasthy Hazra, Jishnu Tarun Jainand Swaminathan Jayashankar M Jishnu and Tarun Jain,Hazra , Hazra, Jishnu Tarun Jainand Hazra, Jishnu Tarun Jainand Authors

Completed IIM Bangalore We intend Completed IIM Bangalore Akshaya Nidhi.themulti-tiered Thislookat case will (long,medium planning timing andmagnitudeofpricereduction oftheproduct. on two aspects of the pricing decision during the course of 15 simulated weeks: becomes obsolete andissoldinthesalvage market.be focusing Thewill student have to make pricingdecision overperiod aof15weeks after which theproduct The simulatecase will aretailsupply chainoffashion apparel andstudentswill Jishnu Hazra and short-term) followed inthiskitchen. Collaboration through Buyer–Supplier Improving Workplace Safety Responsible Sourcing by Investment Strategies Hybrid CloudComputing Supply Buyer underConstrained Strategies by aDominant Excess Procurement Outsourcing Competition Investments UnderIT Vendor’s Strategic Cloud Computing Capacity Managementin “On-Demand” Pricingand Annual Report 2019–2020 to developgame asimulation whichbe used will in supply chaincourse. ory andMarkdown Pricing Title ofPaper Operational Research European Journalof Management & Operations Production Logistics Naval Research Service ScienceService Management and Pricing Journal ofRevenue

Name ofJournal

Pg. 155-164 April 2019, Vol. 274(1), Pg. 1272-1284 May 2019, Vol. 28(5), Pg. 272-280 April 2019, Vol. 66(3), Pg. 16-39 March 2019, Vol. 11(1), Pg. 228-246 June 2019, Vol. 18(3), Publication Details of

VI Productions and Operations Management (P&OM)

Sl. Details of Authors Title of Paper Name of Journal No. Publication VI-B6 Mahajan, On Supply Chain Contracts as International Journal Vol. 32(2), Siddharth, and Risk Sharing Mechanisms of Industrial and 2019, Sundar, D Krishna Systems Engineering Pg. 170-183 VI-B7 Mahajan, Determining Trunk Lines American Journal Vol. 4(3), Siddharth in Call Centers with of Operations September Nonstationary Arrivals and Management and 2019, Pg. 71-79 Lognormal Service Times Information Systems VI-B8 Saranga, Haritha, The Helix Effect: Catch-up International Business Vol. 28(5), Andreas Schotter and Local-Foreign Co- Review October 2019, and Ram Mudambi Evolution in the Indian 101495, and Chinese Automotive Pg. 1-11 Industries

VI-H Seminar/Conference/Workshop Presentations/Invited Talks

Title of Paper/Session/ Name of Conference and Dates of Sl. No. Authors Invited Talk Venue Event VI-H1 Tripathy, Capabilities Erosion: INFORMS Annual October Anshuman An Architecture-viewed Conference, Seattle, USA 20-23, 2019 Approach to the Commons Challenge VI-H2 Tripathy, Capabilities’ Erosion in POMS Annual Conference, May 3-6, Anshuman Commons: An Architecture Washington DC, USA 2019 Lens VI-H3 Tripathy, Developing Capabilities Along POMS Annual Conference, May 3-6, Anshuman the Value Chain to Sustain Washington DC, USA 2019 Innovations in Emerging Markets VI-H4 Mahadevan B Invited Speaker at the Tamil Hotel Marriott, Cochin July 19-21, Brahmins Global Meet 2019 VI-H5 Mahadevan B Invited Keynote Speaker at Reva University, Bangalore October the AICTE National Workshop 18-19, 2019 on Bharateeya Management, Center for Educational and Social Studies VI-H6 Mahadevan B Invited Speaker on Education Chinmaya International December and Language Teaching & Residential School, 9, 2019 Research Coimbatore Productions and Operations Management (P&OM) Management Operations and Productions

111 Productions and Operations Management (P&OM) Research andPublications VI-H10 VI-H11 VI-H12 VI-H13 VI-H14 VI-H15 112 Sl. No. VI-H9 VI-H8 VI-H7 Hazra, Tarun Jainand Saranga, Mahadevan B Kumar Verma, Tang, C Prashant andP. Chintapalli Ranjan Tripathi Ranjan Tripathi Ranjan Tripathi Ranjan Tripathi Authors Jishnu Nishant Nishant , , , , Haritha Haritha Rajeev Rajeev Rajeev Rajeev ,

Suppliers Overconfident Buyer and Capacity Reservation under Cement Industry Indian Context theCase of Sustainability Practices inthe Teachers programme for Sanskrit three-day orientation Rashtriya SanskritSamsthan Invited Speaker atthe Customer Relevancy Scores Optimisation Considering Discount Allocation Farmers in thepresence ofStrategic Selection andFarmer Welfare Support PricesonCrop The ImpactofCrop Minimum of Complex Systems and Evolution; theDynamics Competition, Cooperation, Business Ecosystems - Market Game Fair PricinginaTwo-Sided theory inJurisprudence Panel discussion: Game Heterogeneous Sellers of aTwo-Sided Platform with Fairness inPricing Decision Annual Report 2019–2020 Title ofPaper/Session/ Invited Talk Washington DC, USA POMS Conference, Factory, Bangalore, India Operations, Rail Wheel Manufacturing & and Sustainable Conference onSmart Agartala RSKS Ekalavya Campus, Ireland (EURO 2019)Dublin, on Operational Research 30th European Conference Society AnnualConference Operations Management Production and ICTS, TIFRBangalore Discussion Meeting2019, New York Theory atStony Brook, Conference onGame 30th International Name ofConference and Economics, IIMBangalore Conference onLaw and 5th International Management, IITKanpur Management, Society ofOperations Conference ofthe XXIII AnnualInternational Venue 2019 May 2-6, 2020 January 17, 22-24, 2019 December 2019 June 23-26, 2019 May 2-6, 2019 June 10-14, 2019 July 15-19, 28-29, 2019 December 20-21, 2019 December Dates of Event VI Productions and Operations Management (P&OM)

Title of Paper/Session/ Name of Conference and Dates of Sl. No. Authors Invited Talk Venue Event VI-H16 Mahajan, Nonstationarity and International Conference December Siddharth Abandonment in Markovian for Operations Research 28-30, 2019 Queues with Application to and Decision Sciences, IIM Call Centers Visakhapatnam VI-H17 Sapra, Amar Optimal Processing and Commodity and Energy June 21-22, Trading for a Commodity in Markets Association 2019 the Presence of Inventory Annual Meeting, Conversion Flexibility and Pittsburgh, Pennsylvania Random Supply

VI-I Articles in Conference Proceedings

Sl. No. Authors Title of Paper Details of the Conference Proceedings VI-I-1 Tarun Jain and Strategic Sourcing under IEEE International Conference Hazra, Jishnu Optimism Bias and Information on Industrial Engineering and Asymmetry Engineering Management (IEEM), Macao, China, December 15-19, 2019 VI-I-2 Anirban Adhikary, How much to Digitalize? Conference on Metrics and Analytics Sundar, Krishna Investigating the Impact in Retailing, Georgia State University, D, Sourav B Borah, of Digital Payment System SpringHill Suites Atlanta Buckhead, Amalesh Sharma Adoption by Retailers in their USA, November 13-15, 2019 Multi-Dimensional Performance in an Emerging Market VI-I-3 Anirban Adhikary, Investigating the Impact AMA Winter Academic Conference Sundar, Krishna of Digital Payment System 2020, San Diego, CA, February 14-16, D, Sourav B Borah, Adoption by Retailers in their 2020 Amalesh Sharma Multi-Dimensional Performance in an Emerging Market VI-I-4 Kiran Quality Improvement Initiatives: 30th Annual Conference of Production Kumaraswamy, A Communities of Practice and Operations Management Society, Sundar, Krishna Approach Washington, USA, May 2019 D and Siddharth Mahajan VI-I-5 Mriganka Saikia, Menstrual Hygiene Management 30th Annual Conference of Production Sundar, Krishna for Adolescent Girls in India: A and Operations Management Society, D and Kiran Dynamic Supply Chain Model Washington, USA, May 2019 Kumaraswamy Productions and Operations Management (P&OM) Management Operations and Productions

113 Productions and Operations Management (P&OM) Research andPublications VI-J1 VI-J2 114 VI-J

Title: Title: Summary: Author: Summary: Author: IIMB Case Studies CaseStudies IIMB

challenging its leadership challenging position. The case highlights Paytm’s strategic quest pocketed technologysuch asAmazon,Facebook, giants, Google, etc., hasbeen from severaldomestic players. However, theincreasing competitionfrom deep- which hasexperiencedrise phenomenaltoa thetop, brushingaside competition The casepresentsof Paytm,the account the industry,in incumbent leading a the regulatory bodies in providing aconducive environment. andstabilizing government pushfor economic digitization, andthepro-active involvement of smartphone and internet penetration,ecosystem,startup ballooning growing growthin theindustryhasbeenfueledby severalfactors such asincreasing The casediscusses the r Anshuman Tripathy, NitishKumar andMedha Sravani Boddeda Paytm MobilePayments: WillItEmerge asaDominantDesigninIndia? indicator for another. performance one sacrificing without improvement for opportunities identify quality,as cost, varietyconstrained andspeedinacapacity environment and opportunity toan students with analyze various operationaltrade-offs such place by thegovernment, andbegan to incur penalties. The case provides the could notmeetthekeyAs aresult,Apollo performance indicators in (KPIs) put wellas delivery as thedemandfar ofspectacles, outweighed supplier’scapacity. facevarious in terms challenges ofsoftware customizationintegration and as delivery oftheseservices. However,after beganApollo of MeEK, launch the to (EMR) software to integratestakeholders all in aseamlessfashion during the deliver spectacles;and designed anddevelopedelectronic an medicalrecord diagnosis from aremote location; contracted a vendor to manufacture and February 2018.created Apollo apoolof 30 ophthalmologists to provide tele- vision centers across 13 districts of thestateproject andlaunchedtheMeEK in to theneedy citizensofthestate.of thePPP, Aspart refurbishedApollo 115 its objectives are to providediagnosis (i)ophthalmicand(ii)free spectacles, technology.“Mukhyamantri The PPPiscalled e-Eye Kendram(MeEK)”, and residingpopulation inthesouthIndianstate ofAndhraPradesh (AP) using tochains inIndia, hospital provide free Tele-Ophthalmologyservices to rural Apollo Tele HealthServices – thetele-medicine arm of one of the largest partnership (PPP) between the Government of Andhra Pradesh (GoAP) and The case narrates the inceptionandoperationalizationof private apublic, Haritha Saranga Problem? Tele-Ophthalmologyto –Is This theSolution India’s Rural Eye Care Annual Report 2019–2020 @ Harvard Publishing Business apidly growingmobile payments industryinIndia.The VI Productions and Operations Management (P&OM)

for tackling the growing competition in the industry, which includes the strides taken by Paytm to establish itself as a dominant design. The case also hints at the other strategies incorporated by Paytm to sustain its market leadership.

VI-J3 Title: Biocon Research: Preparing for the Bio-Pharmaceutical Transition

Author: Anshuman Tripathy and Arijit Ghosh

Summary: This case is based on Biocon Group’s (NSE: BIOCON, an Indian biopharmaceutical company) R&D unit and fully owned subsidiary – Biocon Research Limited (BRL). This case involves study of R&D management processes followed within the company and the imminent decision on the organizational & structural change within R&D unit in the wake of changing business contexts and aspiration of the company. The case outlines the overall environment of the biopharmaceutical industry across the world and in India, and introduces readers to the events leading to the organization change and the execution of change management by the corporate leadership. The case captures the transition of Biocon, from an enzyme manufacturer to the technologically challenging space of biopharmaceuticals. This transition provides scope for learning various aspects of organization development such as building organizational and technology capability, creating processes and structures that support R&D initiatives, managing and measuring a portfolio of varied product development projects, and developing an innovative organizational culture.

VI-J4 Title: Akshaya Patra Vrindavan: Operations and Resources Planning for a Mega Kitchen

Author: Kiran K and Anshuman Tripathy

organization (NGO) headquartered at Bengaluru, India. Since its inception in Summary: The Akshaya Patra Foundation (TAPF) is a not-for-profit non-governmental 2000, TAPF has been working to provide fresh and nutritious meals to children on every single school day; and in 2019, catered to about 1.76 million children from 15,024 schools across 12 states in India daily. TAPF’s Vrindavan kitchen (TAPF VRN), located in the state of Uttar Pradesh, India, has been operational since 2004, and now caters to about 140,000 children in 2,032 schools daily. The uniqueness of this kitchen is that it has both rice and roti (chapati) based meals, making it different and more complex to manage than their other kitchens, most of whom are either only rice or only roti based. The case describes the complete

and dispatch, at this kitchen. The richness of the data helps to generate discussions range of activities: procurement, pre-processing, cooking, and finally packaging around the material planning, procurement, and production planning activities at this kitchen. Productions and Operations Management (P&OM) Management Operations and Productions

115 Productions and Operations Management (P&OM) Research andPublications VI-K1 VI-K2 116 IK Leading VI-K

Authors: Authors: Journal: Journal: Abstract: Title: Abstract: Title: 50, UTDallas. which articles Journal have appeared listed academicjournals, inleading Times inFinancial

Journal Tarun Jainand Prakash A investing inexpensive hardware. Although recentinformation systems research resourcescomputing to various businesses providingalternativean them to Cloud providers Production &Operations Management Hybrid CloudComputing Investment Strategies never bepreferred. However, fromshould safetyperspective,supplier, Alliance forcapability low prefers Accord whenthebuyer’sishighotherwise. capability andAlliance supplier andsystemsafety perspectives. We findsupplier that alowcapability frameworks, we determine and characterize does providenot any supportto thesupplieron the safety front.Usinganalytical the Basepolicy, which is used asabenchmark. Under Base policy, thebuyer providing external funding(this policy isThe named Alliance).third policy is in theindustry). For the second policy, thebuyer supports thesupplierby improvesafety atthesupplier’smanufacturing facility (this policyisknown as Accord to collaborate jointly supplier the and buyer the policy, first the for improve safetythe supplier’sfacility. at We analyze and compare three policies; paper this In European JournalofOperational Research Supplier Collaboration ResponsibleSourcing by Improving Workplace through Safety Buyer– taey hn h ma dmn i i mid in is demand mean the when strategy on aprivateapplications a hybrid cloud.Implementing cloud is the optimal hosts buyerfirm the then mean, high has demand the If solutions. cloud public of profile the on the buyer’s buyerdemand. Whena faceslow demand with mean, she relies on based is hybrid) or public (private, infrastructure cloud in this study throughstylized a analysis model.Our revealsthe investmentthat portfolioon thecapacity uncertainty decision? We address thesequestionsin portfolio of privateis clouds? Whattheimpactof andpublicthebuyer’s demand remain.questions still For example,how should buyers decide onthecapacity has examined pricing

Publicatio Annual Report 2019–2020 wasthy and , we, studyproblema where buyer a collaboratesupplier a and to JishnuHazra such as Amazon, IBM, andMicrosoftsuch asAmazon,IBM, aretheir leasing ns JishnuHazra ‐ related issues severalin cloudcomputing, important ‐ ag. e id ht ih demand high that find We range.

optimal policies optimal

from buyers, VI Productions and Operations Management (P&OM)

variability makes businesses move toward public cloud solutions. We support these insights through examples from practice in the cloud computing industry.

Listings: - Financial Times 50

- UTD 24

VI-K3 Authors: Tarun Jain, Jishnu Hazra and Jayashankar M Swaminathan

Title: Excess Procurement Strategies by a Dominant Buyer under Constrained Supply

Journal: Naval Research Logistics

Abstract: Supply chains are often characterized by the presence of a dominant buyer purchasing from a supplier with limited capacity. We study such a situation where a single supplier sells capacity to an established and more powerful buyer and also to a relatively less powerful buyer. The more powerful buyer enjoys

the first right to book her capacity requirements at supplier’s end, and then the that when the supplier’s capacity is either too low (below the lower threshold) common supplier fulfills the requirement of the less powerful buyer. We find or too high (above the higher threshold), there is no excess procurement as

capacity is between these two thresholds, the more powerful buyer purchases compared to the case when supplier has infinite capacity. When the supplier’s

an excess amount in comparison to the infinite capacity case. VI-L Awards, Honours, and Achievements

V-L1 Prof. Haritha Saranga, IIMB Chair of Excellence: Received Institute Award for Excellence.

VI-M Doctoral Theses Completed by FPM Students during 2019–2020

Name of the Members of the Sl. No. Dissertation Title Student DAC Committee VI-M1 Kiran K Communities of Practice in Quality D Krishna Sundar Improvement Initiatives Siddharth Mahajan Ganesh N Prabhu

VI-N Dissertations Proposal by FPM Students during 2019–2020

Sl. Name of the Topic Date No. Student VI-N1 Srikanth K Essays on Ridesharing Operations July 26, 2019 Productions and Operations Management (P&OM) Management Operations and Productions

117 Productions and Operations Management (P&OM) VI-O VI-O1 VI-O2 VI-O3 VI-O4 Research andPublications 118 No. Sl.

2019–2020 Papers Presented by FPMStudents in Conference/Seminar during Tripathi and Prof. Rajeev R Srikanth Krishnaprasad Tripathi and Prof. Rajeev R Srikanth Krishnaprasad Prof. SiddharthMahajan Sundar Diathaand Kiran K,Prof. Krishna Sundar Diatha Saikia, Prof. Krishna Kiran K,Prof. Mriganka Name oftheStudent

Annual Report 2019–2020 Ridesharing Platforms Service Heterogeneity on Capacity Planningto Manage Platforms Capacity for Ridesharing Scheduling andIn-House Managing thePool ofSelf- Practice Approach Initiatives: ACommunitiesof Quality Improvement Supply ChainModel Girls inIndia:ADynamic Management for Adolescent Menstrual Hygiene Title ofthePaper Visakhapatnam (ICORDS) 2019,IIM and DecisionSciences Operations Research Conference on International Mumbai Studies &Research, of Management K JSomaiya Institute (POM) India,2019 Management Society and Operations Production Washington, USA Management Society, and Operations of Production Conference 30th Annual Washington, USA Management Society, and Operations of Production Conference 30th Annual Details ofthe Conference 2019 28-30, December 2019 13-14, December May 2019 May 2019 Date

VI Productions and Operations Management (P&OM)

VII Decision Sciences (DS)

he faculty in the Decision Sciences area of IIMB is well-known and T highly respected and comprises award winning scholars. The members are research active and present papers in leading conferences and publish articles in top international and Indian journals. The books written by the area faculty have received wide acclamation and awards. The members are also actively involved in various industry and corporate forums through participation in seminars, workshops and as professional members on corporate boards. Some of them serve on the editorial boards of top-rated journals. They are also engaged in training and consultancy services.

The area faculty participates in and influences policy making at the national and international levels as members of critical committees. They are also involved in managing important initiatives with significant social impact. Productions and Operations Management (P&OM) Management Operations and Productions Decision Sciences (DS)

119 Decision Sciences (DS) Research andPublications I-4 Managing VII-A4 VII-A3 VII-A2 Healthcare VII-A1 120 VII-A

Research Projects Status: Sponsor: Summary: Project Team: Status: Sponsor: Sponsor: Project Team: Project Team: Status: Sponsor: Project Team: Status: Summary: Summary: Summary: HR Analytics –Ear Impact AssessmentModel

Supply

Analytics

Ongoing ScaleneWork Ongoing IIM Bangalore corporationSecurity printingandminting Ongoing Agastya F Ongoing EnterprisesManipal Health of itsoperation postdemonetizationinDecember2016. case, webe discussing willhow SPMCILmanagedthesupply chainandscaleup 40% than ofthecurrency notes circulated inIndiaare printed bythis SPMCIL. In tomints andapapermill meet therequirementsfor ofRBI currency notes. More notesbank papers. The andnon-judicialstampcompany hasfour presses, four in themanufactureof currencyof coins,printing ofsecuritypapers,minting and U DineshKumar, HarithaSaranga,Jishnu Hazra andAmarSapra tactical andoperational decisionsinthefieldofhumanresource management. The project aimsto Dinesh Kumar U of programmes conducted by Agastya Foundation. of theprojectThe aim istoused forbe can model that designa assessment impact Dinesh Kumar U data-driven strategic, tacticalandoperational decisions. The aim of the project is to advise Ltd. HealthManipal Enterprises onvarious Pvt. Dinesh Kumar U

Chain ly Warning System Decline forJobOffer

Annual Report 2019–2020 at oundation

Manipal Disruption s, Bangalore

Health

advise ScaleneWorks on various data-driven strategic,

and

Scale Enterprises

Post

Pvt.

of IndiaLimited (SPMCIL)isengaged Demonetization

Ltd.

SPMCIL VII Decision Sciences (DS)

VII-A5 Customer Analytics in the Banking Sector: Improving the Quality of Credit Rating and Identifying Fraud Symptoms Using Big Data Algorithms

Project Team: U Dinesh Kumar and Jayadev M

Summary: The following are the objectives of the study.

1. Develop customer segmentation for better service.

2. Design credit rating models that can assist the banks to quantify risks associated with retail loans under big data context.

3. Develop statistical models to predict probability of default (PDF)

4. Develop models for predicting different types of frauds within the banking sector

5. Design and develop web-enabled software that will assist the banks to easily adopt the models

Sponsor: Department of Electronics and Information Technology

Status: Ongoing

VII-A6 Machine Learning Models to Create a Robust Farm Advisory System to Improve Farm Performance and Welfare of Farmers

Project Team: U Dinesh Kumar and Gopal Naik

Summary: The following are the objectives of the study.

1. Develop a multivariate price and yield forecasting model using both endogenous and exogenous factors using integrated Auto Regressive

(ANN) Integrated Moving Average (ARIMA) model and Artificial Neural Network 2. Develop machine learning (ML) algorithm based models for crop disease prediction

3. Build an early warning system by predicting crop disease, crop failure, farmer distress in a region due to prevalent diseases, weather conditions

Sponsor: DST, Government of India

Status: Ongoing

VII-A7 Optimal Sourcing and Inventory Management of Blood at the VHS

Project Team: U Dinesh Kumar

Summary: Voluntary Health Services (VHS) Blood Bank was established in 1963 as a part

of the Voluntary Health Services and Research Centre, a multi-specialty hospital Decision Sciences (DS)

121 Decision Sciences (DS) Research andPublications VII-A9 VII-A8 122

Status: Sponsor: Status: Project Team: Sponsor: Summary: Summary: Project Team: Bayesian DemandF Customer atSpencer Retail Segmentation

Ongoing Ongoing IIM Bangalore in Chennai.bloodto VHSsuppliesquality Bloodbank various hospitalsinand leading to adhocandgut-feel inventory ordering. difficult, makesforecastingproliferationdailysales sales variabilityhighin and few of these items directly impacts sales, profits and increases wastage. Product onlyfew a days ofshelflife, isespeciallyOrdering challenging. too many ortoo the problem theretailer.at the inventory Managing ofperishableitems with of extent the understand first to India in stores 300 over with vegetables and problemof wastage the retailat level. We from usedata alarge retailer offruits Our objectiveunusable. is to attemptsome makingprogress on thepernicious categories also affectwill theamountthatis left attheend of the day andbecomes inventory.that manage addition, how In retailers promotions manage inthese of management inventory as wellas aforecasting method that canbeused to think of ways of mitigating wastage atthe retail level. Doing so requires a careful manufacturers and food sellers. While largely anissue of infrastructure, one can refrigerated transportof high andthelack cold storage quality facilities for food production. Two ofthebiggestcontributors to food losses areof thelack 13,300 crore –which constitutes 18 percent ofIndia’s fruitandvegetable Fruits andvegetables foraccount thelargest portion ofthewastage,i. e..,Rs. valuedRs. at 44,000 crore annually (seeEconomic Times, November 28, 2013). The valueof fruits, vegetables andgrains wasted inIndiahasrecently been Pulak Ghosh average every month. in 2017-18 blood bankwas 2.16 crores.supplies over It 3200 unitsofbloodon and other hospitals across Chennai. The totalrevenue generated by theVHS whichlocations, hashelpedVHSto meetthedemandforVHS hospital at blood aroundorganizes Chennai.Thebloodbank various blooddonationcampsat IIM Bangalore Cases for of arrivingthe solutionwhich at is thecruxofany marketing research course. availablecases provide the problemas well not theprocessas thesolution;but Ashis Mishra andPulakGhosh orecastingData –Application inBig to the Perishable in India Goods Annual Report 2019–2020 teaching marketing research are always inshort supply. Mostof the

VII Decision Sciences (DS)

A case in point would be Ontela Pick Dec (Ivey – 2008) or Harvard graduate student housing survey (HBS – 2005). In this case, we intend to provide a step by step approach to segment consumer markets through cases.

Sponsor: IIM Bangalore

Status: Ongoing

VII-A10 Fintech and Credit Scoring for the Millennial Generation

Project Team: Pulak Ghosh, Sumit Agarwal, and Sudip Gupta

Summary: The study uses unique and proprietary data from a large Fintech lender to analyze whether alternative data captured from an individual’s mobile phone (mobile/social footprint) can substitute for traditional credit bureau

digital presence, such as the number and types of apps installed, measures of scores and improve financial inclusion. Variables that measure a borrowers’ social connections and borrowers’ ‘deep social footprints’ based on call logs,

Using machine learning-based prediction counterfactual analysis, the research significantly improve default prediction and outperform the credit bureau score.

expand credit access for individuals who lack credit scores without adversely finds that alternate credit scoring based on the mobile and social footprints can

alternative data for credit decisions is likely to be higher for borrowers with low impacting the default outcomes. It is found that the marginal benefit of using levels of income and education, as well as for borrowers residing in regions with

Sponsor: Nationallow levels Stock of financial Exchange inclusion.

Status: Completed

VII-A11 Institutional Co-operation across Status among Healthcare Workers, and Its Influence on Hospital Performance

Project Team: Rishideep Roy, Fabio Rojas, Emily Meanwell, Shibashis Mukherjee and Clayton Thomas

Summary: The project aims to study mixed method analysis in hospital management; longitudinal data analysis of hospital performance; and collaboration of

Sponsor: VRSP,healthcare IIM Bang provider’salore influence on that performance.

Status: Ongoing Decision Sciences (DS)

123 Decision Sciences (DS) Research andPublications VII-A13 Biopharmaceutical VII-A12 124

Summary: Project Team: Summary: Project Team: Status: Sponsor: A New ModelforSt Mathematical

Geometric Bro Ongoing IIM Bangalore Bio-pharmaceutical industry uses biomanuf without them. improves theresults,jumps areand the modelswith muchbetterthose than jumps. Montewith andwithout Carlo resultspartitioning data suggestthat partitioning, data different under GBM, of models linear modified developed showsimulations their modelismorethat successful.Ladde and Wu(2009) also alternative approach basedonsubordinated temperedMonteGBM. stable Carlo their model is superior to GBM. GajdaandWylomanska (2012) proposed an mixture ofpowerresultstrigonometric functions.Simulation and show that byof GBM incorporatinga weighting factor and astochasticis a functionthat in modellingreturns. Dhesi, Shakeel(2015) andXiaoinvestigatedextension an to Cheridito and (2001) introducedimplement. mixed is fBM thatshown to beuseful study to difficult very it makes that non-Markovian; is fBm However, focus of theresearch by Oksendal(2003), Cheridito (2003) and Guasoni(2005). Shiryaev 1999.thesemodelsprovideBut for arbitrage opportunities.This is the Further, fractionalBlack-Scholes formula is suggested by Mandelbrot 1997 and stochastic volatilitymodels to explainthe long-memoryofimplied volatility. Gaussian. Motivated byComte fBM, andRenault(1998) introduced fractional Mandelbrot andVan Ness (1968) to capture long-term dependence is also stock price movements. FractalBrownian motion (fBm),introduced by been runninginto capacityproblems resulting from poorresource utilization. Rager emphasizemorethat 50% companieshave thanofbiopharmaceutical of resourcesmanagement plays akey role intheultimate success. Langer and the effective addresscan specialized equipment in part, in thesechallenges additional manufacturingWhile investmentand optimizationchallenges. productsbiopharmaceutical are produced using livingwhich cells brings $341 bybillion 2023 (Mordor Intelligence).Unlike traditionalpharmaceuticals, of 14-15%, theglobaland that market biopharmaceutical is expected to reach industry hasbeenexperiencingpharmaceutical overall an consistent growth drug development. Market analysis byAssociates BioPlan showsbio- that of areasapplication from therapeuticuse to diagnosis, drug discovery and vaccines,proteins.components and blood These products havewide range a Malay Bhattacharyya Ananth Krishnamurthy andTugce Martagan

Supply Annual Report 2019–2020

Chains: wnian motion(GBM)has been commonly used for analyzing ock Price

Global

Challenges

and acturing technologies to produce

Local

Opportunities

VII Decision Sciences (DS)

Sponsor: IIM Bangalore

Status: Ongoing

VII-B Articles in Academic Journals

Details of Sl. No. Authors Title of Paper Name of Journal Publication VII-B1 Murthy, Ishwar A new extended formulation Discrete Applied Vol. 271, and Sam of the generalized Mathematics December Ransbotham assignment problem and 2019, some associated valid Pg. 119-143 inequalities VII-B2 Sinha and Production and capacity Production Vol. 29(2), Krishnamurthy, utilization strategies in and Operations February 2020, Ananth supply chains for complex Management Pg. 462-480 engineered products VII-B3 Debojyoti Das, M. Do the emerging stock The North American Vol. 48, April Kannadhasan and markets react to international Journal of Economics 2019, Pg. 1-19 Bhattacharyya, economic policy uncertainty, and Finance Malay stress alike? geopolitical risk and financial VII-B4 Prajamitra Bhuyan, A Bayesian two-stage Statistical Modelling Vol. 19(2), April Jayabrata Biswas, regression approach of 2019, Ghosh, Pulak and analysing longitudinal Pg. 157-173 Kiranmoy Das outcomes with endogeneity and incompleteness VII-B5 Kshitij Awasthi, IIMB Management Vol. 31(3), Yayavaram, Sai industries: A new index Review September Classification for regulated George, Rejie and 2019, Sastry, Trilochan Pg. 309-315

VII-C Books

VII-C1 Manaranjan Pradhan and Dinesh Kumar U

Machine Learning Using Python

Wiley India, 2019

This book is written to provide a strong foundation in machine learning using Python libraries by providing real-life case studies and examples. It covers topics such as foundations of machine learning, introduction to Python, descriptive analytics and predictive analytics. Advanced machine learning concepts such as decision tree learning, random forest, boosting, Decision Sciences (DS)

125 Decision Sciences (DS) Research andPublications VII-H 126 VII-H8 VII-H7 VII-H6 VII-H5 VII-H4 VII-H3 VII-H2 VII-H1 Sl. No.

Seminar/Conference/Workshop Presentations/Invited Talks machine learningmodels. examplesprovideand step-by-step approach onhowto explore,evaluate, build, optimize and between theoreticalunderstanding andpractical the topics All applications. includereal-world recommended systems, and text analytics are covered. The booktakes approacha balanced Rajesh Kasa Malay andSiva Bhattacharyya, Murthy, Ishwar Ananth Krishnamurthy, Martagan, Tand Limon, Y., Ananth Krishnamurthy, Martagan, Tand Limon, Y., Ananth Krishnamurthy, Martagan, Tand Limon, Y., Ananth Krishnamurthy, Suman, R,and Ananth Krishnamurthy, Suman, R,and Ananth Krishnamurthy, Suman, R,and Authors

Annual Report 2019–2020 Eigenvalue Distributions Breakdowns inMarkets using A Test for Detecting Structural Inequalities Problem andSomeAssociated the Generalized Assignment New Extended Formulation of Biopharmaceutical Projects Supply ChainContracts for Biomanufacturing Projects Allocation Strategies for Methods to Compare Resource Exact andApproximate Biopharmaceutical Projects Based Contracts for Coordination viaEffort- Queues UsingDecomposition Analysis ofTandem Polling Network ofPolling Queues An Approximate Analysis ofa Queues UsingDecomposition Analysis ofTandem Polling Title ofPaper/Session/ Invited Talk (FEBS) 2019,Prague and BankingSociety Financial Engineering Conference ofthe 9th International Ankara, Turkey Bilkent University, Industrial Engineering, Department of Washington DC,USA Conference, POMS Annual USA Conference, Seattle, INFORMS Annual USA Conference, Seattle, INFORMS Annual Washington DC,USA Conference, POMS Annual USA Conference, Seattle, INFORMS Annual USA Conference, Seattle, INFORMS Annual Name ofConference and Venue 2019 – June1, May 30 2019 February 2019 May 3-6, 2019 20-23, October 2019 20-23, October 2019 May 3-6, 2019 20-23, October 2019 20-23, October Dates of Event VII Decision Sciences (DS)

Title of Paper/Session/ Name of Conference Dates of Sl. No. Authors Invited Talk and Venue Event VII-H9 Bhattacharyya, Copula Markov Switching 9th International May 30 Malay and Giriraj Multifractal Models for Conference of the – June 1, Achari Forecasting Value-at-Risk Financial Engineering 2019 and Banking Society (FEBS) 2019, Prague VII-H10 Vinu CT and Periodic GARCH Models for 9th International May 30 Bhattacharyya, Overnight and Trading Day Conference of the – June 1, Malay Returns Financial Engineering 2019 and Banking Society (FEBS) 2019, Prague VII-H11 Saparya S and A Variant of Brownian Motion 9th International May 30 Bhattacharyya, Conference of the – June 1, Malay Financial Engineering 2019 and Banking Society (FEBS) 2019, Prague VII-H12 Bhattacharyya, 9th International May 30 Malay and Ravi Equivalence Classes Conference of the – June 1, Portfolio Diversification Using Prakash Ranjan Financial Engineering 2019 and Banking Society (FEBS) 2019, Prague VII-H13 Bhattacharyya, Revisiting Income Inequality 4th International October Malay and Saparya Measures Conference on Business 29-30, Suresh and Economics, Dhaka 2019 VII-H14 Ghosh, Pulak Plenary Speaker State Central for Advanced February Intervention in the Financial Financial Research and 26, 2020 Sector, 2020 Banking the Learning (CAFRAL) and Unbanked: What do 255 World Bank Conference, Million New Bank Accounts Mumbai Reveal about Financial Access? VII-H15 Ghosh, Pulak Role of Data in AI AIMA’s 2nd AI & February Big Data Retreat 14-16, AI in an Enterprise: 2020 Automating Business, Taj Fort, Goa VII-H16 Ghosh, Pulak First Lecture of the Indian Oil Lecture Series Big September LEAD talk Data and Emerging 5, 2019 Technologies, Indian Oil Bhawan, Delhi Decision Sciences (DS)

127 Decision Sciences (DS) Research andPublications VII-H24 VII-H23 VII-H22 VII-H21 VII-H20 VII-H19 VII-H18 VII-H17 128 Sl. No. Dinesh Kumar U Dinesh Kumar U Dinesh Kumar U Das, Shubhabrata Roy Roy Ghosh, Pulak Ghosh, Pulak , Rishideep , Rishideep Authors Annual Report 2019–2020 Artificial Intelligence Masterclass: Demystifying real world problems in usingAIdifferent classof to AIplatforms andtheissues building consumablemodels The topic touches both world problems. AI usableinpractical andreal challenges interms ofmaking The paneldiscussedaboutthe Challenges andRoad Ahead. Artificial Intelligence - Panel Discussiontitled: AI andLife LongLearning Proportion: Non-NullCase Two SampleTesting of Log-correlated Fields Location for NearMaximaof Structure Probability onDiscrete Opportunities for India for Policy andGovernance: Big Data,Fintech andAI making Big DataandAIfor Decision Title ofPaper/Session/ Invited Talk ITM Mumbai IBM, IIMBangalore AI Day, organized by Sweden Chalmer’s University, participants at Industry andAcademic Bangladesh Realities, Rajshahi, Opportunities and SDGs: Challenges, Data Scienceand Conference on 7th International Petersburg, Russia Mathematical Institute, Euler International Bombay IISA Conference, IIT New Delhi Leadership Summit, Association (AIMA) All IndiaManagement Annual Conclave, Jaipur Economic TimesCIO Name ofConference and Venue 2019 July 13, 2019 June 29, 2019 April 9, 2019 18-19, December 2019 June 14, 2019 26-30, December March 2019 2019 March 8-10, Dates of Event VII Decision Sciences (DS)

Title of Paper/Session/ Name of Conference Dates of Sl. No. Authors Invited Talk and Venue Event VII-H25 Dinesh Kumar U Case Studies in AI and ML National Conference on August Machine Learning and 26-27, 2019 Coimbatore Institute of Artificial Intelligence, Technology, Coimbatore VII-H26 Dinesh Kumar U Machine Learning Third National February 1, Applications Conference on 2020 “Machine Learning and

Lal Bahadur Artificial Intelligence”, Shastri Institute of Management, New Delhi

VII-J IIMB Case Studies @ Harvard Business Publishing

VII-J1 Title: Improving Lead Generation at Eureka Forbes Using Machine Learning Algorithms

Author: Nandini Seth, Manupriya Agrawal, Manaranjan Pradhan and U Dinesh Kumar

Summary: Eureka Forbes, part of the conglomerate Shapoorji Pallonji Group, is currently one

Aquaguard with a turnover of more than INR 30 billion. The company is estimated of the world’s largest direct sales companies known for its water purifier brand to have a customer base of 20 million across 53 countries. The company’s distribution channel includes a direct sales force of dealers, institutional channels, business partner network and a rural channel across 1500 cities and towns in India. The company’s previous customer acquisition model ensured that interested customers were individually visited for demonstration of the product and for completion of purchase. While this made the company a household name, it kept the acquisition costs on the higher side. With the imminence of online retailing, the brand had been taking steps to establish their digital presence and build a stable online sales channel. The company website (www.eurekaforbes.

ads, email campaigns, etc. The company has started to use this click stream data com) attracts online traffic from various sources such as organic searches, google to build a rich database of visitor acquisition factors and behavioral variables such

as session duration, device category, pages visited, lead forms filled, etc. using the customers and is actively deploying remarketing campaigns with optimism to Google Analytics Reporting API. The company identifies these visitors as potential convert them. While these campaigns have shown some success, they have resulted Decision Sciences (DS) in substantially high retention costs. The business goal is clearly defined for the

129 Decision Sciences (DS) Research andPublications VII-J3 VII-J2 130

Author: Summary: Author: Title: Summary: Title:

company –they want to target potential customers while keeping thecostper lead Aayushi Kalra, ShailajaGr Supply ChainAnalytics toBlood atVHSBank Manage check whether fantasy sportsisskilldominantor chancedominant. skill. Ramsu was convinced thatseveral hypotheses canbedesignedandtested to fanatic, Ramsu wanted to checkwhether fantasy games played incricket involves hockey,kabaddi, BasketballNational the and (NBA).Association cricketa Being India. Dream 11hascreated fantasy games for sportssuchascricket, football, Ramsu approached Dream 11,oneofthelargest fantasy sportscompaniesin dominant factor isskillorchanceshouldbesettledusingdata.With thisobjective, Cartesianat the Consulting wasconvinced the debatethat around whetherthe for agiven instance.Ramasubramanian Sundararajan (Ramsu), theheadofAI requires determining whether skillisdominantorchancefactor chance involved, theIndiancourtsdecidebasedondominantfactor test that that nogame isagame ofpure skillor game ofpure chance.Whenthere isa Indian laws, game ofchanceisstrictly prohibited. Indiancourtshave recognized sports fantasy to companies ofgettinginto legal battles.Whilethegame ofskillispermitted by threat a always is there hence and defined well very not are world iswhether itisagame ofskillorchance.InIndia,theonlinegaming laws billion dollars.Animportant debate associated withfantasy sportsacross the Fantasy spor U DineshKumar FantasyChance Sports:AGameofSkillor number for remarketing campaigns. costs. Thisisachievable when thetarget audienceisnarrowed down to asizeable Digital Marketing andAnalytics, thetaskisto achieve better conversion atlower (CPL) aslow aspossible.For KashifKudalkar, theDeputyGeneral Managerfor perishability ofbloodcomponents, Athmanathan, CAO (Chief Administrator) of various componentsof bloodisessential.Dueto gap insupply anddemand and are perishableandhave ashort shelflife, accurate forecasting ofdemandfor Thalassemia patientsinitshemophilia center. Sincebloodandcomponents collected blood.Italsomakes arrangement for regular bloodtransfusion for Nadu andseparates bloodinto its componentsafter appropriate testing ofthe voluntary donors by organizing blooddonationcampsatvarious placesinTamil organizationneedythe serving society.the of sections procuresIt fromblood non-profit a is VHS Chennai. across hospitals various to components blood and Services (VHS), amulti-specialtyhospital,inChennai, isasupplierofsafe blood Rotary Centr Annual Report 2019–2020 al TTK-VHS BloodBank,situated inthe premises ofVoluntary Health ts isthefastest growing onlinegaming industry worth several , ShailajaGrover andSharada Sringeswara over and U DineshKumar VII Decision Sciences (DS)

VHS Blood Bank felt that the data could be used to predict the future demand on a daily basis and to help in planning blood donation camps accordingly.

VII-K Leading Journal Publications

Journal articles which have appeared in leading academic journals, listed in Financial Times 50, UT Dallas.

VII-K1 Authors: Ishwar Murthy and Sam Ransbotham

Title: A New Extended Formulation of the Generalized Assignment Problem and Some Associated Valid Inequalities

Journal: Discrete Applied Mathematics

Abstract: We present a new extended formulation of the Generalized Assignment Problem (GAP) that is a disaggregation of the traditional formulation. The disaggregated formulation consists of O(mn2) variables and constraints, where m denotes the number of agents and n the number of jobs. In contrast, the traditional formulation consists of O(mn) variables and constraints. The extended formulation is stronger than the traditional formulation as its linear programming relaxation provides tighter lower bounds. Furthermore, this new formulation provides additional opportunities to generalize the well-known Cover and (1, k we show that the generalizations of both these inequalities when added to the )-Configuration inequalities to make them far more ubiquitous. In fact, disaggregated formulation provided tighter bounds than when the original Cover and (1, k

)-Configuration inequalities are added to the traditional formulation. We to the disaggregated formulation. One class of inequalities is called the Bar-and- introduce two classes of inequalities involving multiple agents that are specific Handle (1, pˆk) Inequality, which under certain restrictive conditions is a facet of

inequality is the 2-Agent Cardinality Matching Inequality involving two agents. the polytope defined by feasible solutions of GAP. The other important class of Given the uncapacitated version of GAP in which each agent can process all jobs,

capacitated GAP. We then show how this inequality can be strengthened easily by we first show this inequality to be a facet of the polytope defined by the un- lifting it to become a strong inequality for GAP. We also show that when m=2, this inequality, along with trivial facets completely describes the polytope associated with the uncapacitated version of GAP. Finally, through computational testing, we demonstrate that by substantially reducing the number of sub-problems visited

computation gains. in the branch-and-bound tree, our extended formulation achieves significant Decision Sciences (DS)

131 Decision Sciences (DS) VII-N1 VII-N Research andPublications VII-K2 Sl. No. 132 VII-M VII-M2 VII-M1 Sl. No.

Dissertations ProposalDissertations by 2019–2020 FPMStudentsduring Journal: Listings: Abstract: Title: Authors:

Doctoral ThesesCompleted by 2019–2020 FPMStudentsduring Srivastava Akshita Suresh Saparya Lakshmanan Anupama Name ofthe Name ofthe Student

Student

- - some settings. different settingsandshow thattheoptimalpolicyhasamulti region. We derive optimalpoliciesfor manufacturers andsubcontractors under partitions thestate spaceinto regions andcharacterizes optimalpoliciesineach optimal policyandcharacterize itsstructure. We derive thesetofconditionsthat level capabilities.UsingMarkov decisionprocess models,we determine the the subcontractordiffer terms in productioncosts, of capacities,rates, andservice facility oratdedicatedfacilities ofexternalsubcontractors. manufacturer The and individual componentscanbemadeeitheratashared in We analyze pr Production andOperations Management Complex Engineered Products Production StrategiesUtilization and Capacity inSupply Chainsfor Sinha and

Applications inFinanceandOtherAreas Some NewStochastic Processes with Levels ofSeasonality Forecasting TimeSerieswithMultiple UTD 24 Financial Times50 Learning Algorithms Essays onWarranty ManagementUsingMachine Annual Report 2019–2020 Ananth Krishnamurthy oduction andcapacityutilizationstrategies inasupply chainwhere Dissertation Title Topic

Arnab Mukherji Malay Bhattacharyya Shubhabrata Das, Rajluxmi VMurthy Shashidhar Murthy Malay Bhattacharya Members ofthe DAC Committee ‐ house manufacturing ‐ index structure in July 25,2019

Date

VII Decision Sciences (DS)

VII-O Papers Presented by FPM Students in Conference/Seminar during 2019–2020

Details of the Sl. No. Name of the Student Title of the Paper Date Conference VII-O1 Pranjal Chandrakar, Sequential Auctions of More The Winter School, December Prof. Manaswini Bhalla, Than Two Objects with Delhi School of 10-13, and Synergies Economics 2019 Prof. Shubhabrata Das VII-O2 Pranjal Chandrakar, Sequential Auctions of More 15th Annual December Prof. Manaswini Bhalla, Than Two Objects with Conference on 18-20, Prof. Shubhabrata Das Synergies Economic Growth and 2019 Development, Indian Statistical Institute Delhi VII-O3 Pranjal Chandrakar, Lease Auctions and Renewal Delhi Economic February Prof. Manaswini Bhalla, Contracts Theory Workshop, 15, 2020 Prof. Shubhabrata Das Indian Statistical Institute, Delhi Decision Sciences (DS)

133 Information Systems (IS) VIII Research andPublications 134 T management through its research andteaching activities. The AreaIS a long-term has deliveringof vision cutting-edge IT ideasin institute andalsoexecutive education programmes. IT managementof teaching inform long-durationin programmes the of systems,information security, privacy,trust, etc. These diverse aspects sociallydone on also is relevant topics such computing as ethics, green technologies,mergers systems, of Researchon. agilemethods,andso outsourcing,internet governance, datadata, big mining, cloud on projects related to, forexample, socialmedia, digital payments, atlarge.society and in The Arearesearchdoing andstudents hasfaculty systems acrossorganisations, whether the in privatesectors, orpublic IT.managing on The corethe of Area focus information managing on is Information Systems(IS) considerable experience and expertiseteaching in andresearch Systemshe Information AreaBangalore atIIM to brings bear Annual Report 2019–2020 VIII Information Systems (IS)

I-A Research Projects

VIII-A1 Analysis of Large Datasets

Project Team: Shankar Venkatagiri

Summary: Over the last year, I have helped IIM Bangalore set up IT infrastructure to process large datasets, whose sizes may range from a few gigabytes to terabytes (‘000 GBs). Having begun to acquire large datasets from various sources, the logical next step is to process the data and analyze the outcomes. This will eventually

Sponsor: helpIIM Bangalore me publish papers based on empirical findings.

Status: Ongoing

VIII-A2 Ganga Hospitals Case Writing Project

Project Team: Shankar Venkatagiri

Summary: The Indian healthcare industry has matured across several decades. Procedures of high complexity are routinely performed with success at our hospitals. Large, integrated hospitals cover multiple specialties (e.g. AIIMS, Fortis). More recently, tertiary and quaternary care hospitals have started to focus on single specialties, such as neonatology (e.g. Ovum), oncology (e.g. HCG) and so on. Of particular interest is Ganga Medical Centre & Hospitals, Coimbatore, whose primary areas of specialization are orthopedic and plastic surgery.

Sponsor: IIM Bangalore

Status: Ongoing

VIII-A3 Factors Affecting Adoption of Mobile Payment Services over Credit/Debit Cards: An Investigation post facto the Demonetization Policy Shock in India

Project Team: Rahul De’, H Raghav Rao, Tejaswini Herath and Abhipsa Pal

Summary: India’s economy is heavily entrenched in cash-based monetary transactions, with cash transactions for small to large purchases from daily groceries, restaurant bills, to buying gold or real estate (Chakravorti, 2017). This changed when the Government of India initiated an economic policy shock, in November 2016, launching its demonetization plan declaring 86 percent of banknotes in

2017). This economic policy shock caused the nation a major disruption in circulation, invalid, and promoting cashless financial transactions (Escobedo, small businesses, agricultural transactions, hospitals operations and domestic purchases (Shepard, 2017). The immediate result was a 300 percent rise of digital transactions all over the nation (Security Intelligence, 2017). While Information Systems (IS) Systems Information

135 Information Systems (IS) Research andPublications VIII-A4

VIII-H1 I-H 136 I-B VIII-B1 Sl. No. Sl. No.

Seminar/Conference/Workshop Presentations/Invited Talks Articles in Academic in Articles Journals Sponsor: Summary: Project Team: Status: Sponsor: Systems: Beyond theTrolley Problem The EthicalImplications Status: De’ Raghav Rao Herath andH. Rahul, Tejaswini Abhipsa Pal, De’ , Rahul Authors

Authors

Ghosh (2017) emphasizes the remarkable credit/debit cards. complextechnology ofmobilepayments over traditionaland low maintenance demonetization alone cannotexplainthe preference of newer and more Though theeconomicshockhasdriven policy transactions digital whole,a as credit cards topayments, mobile thoughoffer both cashlesstransactions. & Tiwari (2017) predict that demonetizationdrivewill migration from debit/ Paytm’s traffic (a leading mobile payment app) post demonetization, Goriparthi Ongoing Facebook journey to autonomous (AI)systems: Beyond thetrolley problem. The study ex Rahul De’ Ongoing IIM Bangalore , Digital Transformation Annual Report 2019–2020 Payment Adoption andUse Factors Affecting Mobile A Review ofContextual Title ofPaper/Session/ of Delegatingof Decision-Making Journey to Autonomous(AI) amines the ethical implications of delegatingimplications amines theethical decision-making Title ofPaper Invited Talk Technology and Financial Journal ofBanking Bangalore Confluence, JPMorgan, Young Leader’s Name ofConference and Name ofJournal

numbers like 435% incr Venue 2019, Pg. 43-57 Vol. 3(1),April Publication Details of 28, 2019 November Dates of Event ease in VIII Information Systems (IS)

I-I Articles in Conference Proceedings

Details of the Conference Sl. No. Authors Title of Paper Proceedings VIII-I-1 Pal, A., Herath, T., How Convenient is Mobile International Conference on Secured De’, Rahul. and Payment? An Investigation of Rao, H.R. Antecedents to Perceived Risk Intelligence Era, BITS Pilani, Goa, Knowledge Management in Artificial and Perceived Security of Usage India, December 21, 2019 of Mobile Payment Services VIII-I-2 Pal, A., and De’, Are Threats Driving Security TREO Rahul Measures in Organizations? Talks in conjunction with the A Mixed-Method Study of 40th International Conference on Employee Behavior Post Information Systems, Munich, Security Breach Incidents Germany, December 15, 2019 VIII-I-3 Sunil Reddy Fluidity of Power Structures Proceedings of the 25th Americas Kunduru and Underpinning Public Discourse Conference on Information Systems Bandi, Rajendra on Social Media: A Multicase (AMCIS 2019), Sydney Cancún, K Study on Twitter Discourse in Mexio, August 15-17, 2019 India

I-L Awards, Honours, and Achievements

VIII-L1 Prof. Rahul De’, Outstanding Associated Editor Award ICIS 2019.

I-M Doctoral Theses Completed by FPM Students during 2019–2020

Name of the Members of the Sl. No. Dissertation Title Student DAC Committee VIII-M1 Abhipsa Pal Rahul De’, Payment Technology’s Usage, Rajendra K Bandi The Influence of Context on Mobile Continuance, and Role in Sustainable Abhoy K Ojha Development H Raghavendra Rao (Ex. Mem)

I-N Dissertations Proposal by FPM Students during 2019–2020

Name of the Sl. No. Topic Date Student VIII-N1 Sunil Reddy Impact of Social Media on Distribution and May 29, 2019 Kunduru Consumption of Content in Public Discourse VIII-N2 Bhavya P S A Study of the Guardian Role in IT Multisourcing October 31, Projects Control Perspective 2019 Information Systems (IS) Systems Information

137 Information Systems (IS) I-O Research andPublications VIII-O1 VIII-O2 Sl. No. 138 II-Q VIII-Q1 Sl. No.

Papers Presented by FPMStudents in Conference/Seminar during 2019–2020 Awards, andAchievements Honours by 2019–2020 FPMStudentsin Prof. Rajendra KBandi Sunil Reddy Kunduru and Rao Herath, Prof. HRaghav De’, Prof. Tejaswini Abhipsa Pal, Prof. Rahul Prof. Rahul De’ Sai Dattathrani and Name oftheStudent Name oftheStudent Annual Report 2019–2020 Facebook Beyond theTrolley Problem, Research Grant from Making Journey to Autonomous (AI)Systems: The Ethical ImplicationsofDelegating Decision- India on Twitter Discoursein Media: AMulti-caseStudy Public DiscourseonSocial Structures Underpinning Fluidity ofPower Influence ofConvenience Technology: theModerating Security ofMobilePayment Antecedents to Riskand An Investigation of Title ofthePaper Details oftheAward 2019, Cancun Systems (AMCIS) of Information Americas Conference Campus Era, BITSPilani,Goa Artificial Intelligence Management in Secure Knowledge Conference on International Details ofthe Conference 2019 August 2019 14-17, August 2019 21-22, December Date Date

VIII Information Systems (IS)

IX Centre for Public Policy (CPP)

he Centre for Public Policy (CPP) has evolved into a leading policy T think tank engaged in cutting-edge research, teaching, training and capacity-building and works on improving development outcomes across the region. The CPP pioneered the application of management disciplines for better public services and governance in India. Its strong evidence-based research has focused on government innovations, regulation, policy-making, administrative and organizational reform, public–private partnerships and IT in government. The faculty in the area includes acclaimed scholars and award-winning professors drawn from various management disciplines. The eclectic blend of faculty, academicians, researchers, and professionals drawn from India and abroad, with their fund of managerial expertise, gives IIMB a unique professional standing in the country. CPP faculty members work in a range of domains, which includes Health, Development, Poverty Alleviation, Environment, Urban, Agriculture, and Education Policy. The CPP has been designated as a Centre of Excellence by the Ministry of Urban Development. Centre for Public Policy (CPP) Policy Public (IS) for Systems Information Centre

139 Centre for Public Policy (CPP) XA Social IX-A3 IX-A2 IX-A1 Research andPublications 140 IX-A

Summary: Project Team: Examining Policies theImpactofSocial onHealthEquity Summary: Project Team: Status: Sponsor: Summary: Project Team: Impacts ofGST UsingBigDataAnalytics Status: Sponsor: Research Projects

Identities

have severely laggedproductivity growth rates in theeconomy. Manufacturing especially amongtheeducated youth. Wage levels intheeconomy are lowand used to before theliberalizationperiod andunemployment rates are increasing, conclusions arethe growth that is creatingfewer jobs intheeconomyit than (SWI) 2018 report documents of the statuslabormarket inIndia.Itsmajor on this But front,India’s record has been poor. The State of Working India growthneeds tocreation beaccompanied with of decentandwell-paying jobs. economic population, the across disperse to benefits its for and sustainable be India is one of Hema Swaminathan Ongoing IIM Bangalore and areas ofreform thatsuchamassive changemight imply. business in amajorway andthisresearch proposes to understandthesuccess tax as well as businesses administrationdiscontinuity intaxationauthorities. This institutional affects for implications efficiency and cost have will inefficiencies and logistical the in plugging thereby transport, smoother enables Doing business now hasbecomeeasier. This hassle-free movement ofthegoods closer tomarket,common national a i.e.free movementand services. of capital indirectstructure. tax The GSThas pushed legislationtheeconomy onestep Tax (GST) tolegislation simplify the current multilayered federal,state, andlocal the summerIn of2016, Arnab Mukherji Ongoing Sub-awar mortality inwomen under 50years ofage;and(3)majordiseases. morbidityof children;causes in mortality and morbidityof causes major (2) and at reducing poverty, incomeandgenderinequalityimpactthefollowing: (1)major The specific objecti Arnab Mukherji

and

the Annual Report 2019–2020 d from McGillUniversity,Institutes Canadian ofHealthResearch

Labour thefastest growing economies intheworld. For this growth to and HemaSwaminathan

Market: ves of this research programme are to examine policies aimed the Parliamentof Indiaapproved theGoods and Services

What

Can

Household

Surveys

Reveal?

IX Centre for Public Policy (CPP)

sector is becoming more capital intensive. Gender gaps in wages and labor force participation are high across India. Women’s labor force participation has declined substantially according to the National Sample Survey Organization (NSSO). The data also suggests the existence of disparities along other lines. Muslims and individuals belonging to lower caste tend to be over represented in low paying jobs.

Sponsor: IIM Bangalore

Status: Ongoing

IX-A4 Social Identities and the Labour Market, Co-Principal Investigator

Project Team: Hema Swaminathan

market data and proposes a range of methods (primary survey, survey and lab Summary: This research project identifies these existing gaps in currently available labour experiments) to address them. Through a novel sampling strategy, a detailed survey instrument and a unique implementation design, the primary survey will capture labour market experiences (participation, roles, earnings and discrimination) of individuals with marginalized identity.

Sponsor: Initiative for What Works to Advance Gender Equality

Status: Ongoing

IX-A5 Mainstreaming of the Financial Inclusion Agenda in India

Project Team: P C Narayan and Rajalaxmi Kamath

Summary: The study aims to map the approaches of the financial inclusion agenda in institutions, processes and outcomes. India and challenges in managing sustainable relationship between financial How far have the initiatives such as Jan Dhan and Pradhan Mantri Mudra Yojana (PMMY) and institutions such as Payment Banks and Small Finance

Banks ‘designed’ to encourage financial inclusion succeeded? How will the new in addressing voluntary exclusion? institutions be able to avoid the pitfalls faced by the existing financial institutions

How far do the innovations in the microfinance sector and in other institutions inclusion agenda? Are we seeing a transformation in institutional forms? such as rural banks, mainstream banks and post offices support financial We perform a macro-economic and macro-prudential assessment of tradeoff between the potential for growth and systemic risk from subprime loans arising from the socialization/politicization of credit expansion associated with Centre for Public Policy (CPP) Policy Public for Centre

overcoming financial exclusion.

141 Centre for Public Policy (CPP) Research andPublications IX-A7 IX-A6 142

Summary: Project Team: Interventions towards Water Conservation inCities Status: Sponsor: Summary: Project Team: Identifying theStructure(s), AgencyandMobilitywithinIndianITOrg Status: Sponsor: Status: Sponsor:

UGC andUK-India Education andR especially given theirgrowing andproblematic useby policy-makers. Behaviouralinterventions require more research to understand thembetter, changes have beenmixed and more nuanced,especially inthelongterm. changes have produced some results whereas behavioural-intervention based conserving (Waterhabits Research Foundation, 2016). average,On structural and awareness campaignsexhorting education users to reduce waste andform water- as such changes behavioural and showers, and taps lower-flow to taken many formsstructural including changes ontheuser-side suchaschange waterencouragedbe can to reduce waterWater usage. conservationefforts have water,much like wealthmoreor income,thosewith adequate than supply of brought water conservationdistribution of unequal With on thepolicyagenda. (World2016). Bank,Rapid urbanizationand rise ineconomic prosperity have A large numberofcitiesaround theworld are facingincreasing water scarcity Deepak Malghan Mukherjee andKanchan Ongoing IIM Bangalore commonly acknowledged withinandacross organizations. mobility ladders’are‘tacit that call different fromcareer theusual trajectories Using sucha‘practice lens’(Orlikowski, 2000) helps usto identify whatwe and Mische, 1998), which manifest most commonly withinanorganization. of structuresmultiplicity (Sewell,1992) andagenticorientations (Emirbayer technologies in use(Orlikowski, 2000; Swidler, 2005) allows one to tease out the Bottero, 2004; Swidler, 2005). Observingthecommonpractices surrounding organizations (Sewell,1992; Emirbayer andMische,1998; Orlikowski, 2000; expressionof structures agencywithinmultiplicity of human operatingwithin whichmobility Social key isthe tois intricatelychange, social connected to the organizationallevel, when itcomesto analysing factors underlying socialchange. motivates a shift in thegaze from amacro or societal level to meso or ‘Durableinequality andVinayRajalaxmi Kamath Reddy Venumuddala Ongoing Ongoing IIM Bangalore Annual Report 2019–2020

’,worksseminal one of the ofCharlesTilly (Tilly,1998) esearch Initiative anizations IX Centre for Public Policy (CPP)

IX-A8 The Idea of Efficiency in Economic Thought and Praxis: An Intellectual and Social History

Project Team: Deepak Malghan

Summary: There is no idea in all of economic theory and praxis that is more important

than that of efficiency. Despite, or perhaps because of its centrality and ubiquity, project will address this lacuna by developing an intellectual and social history efficiency’s intellectual provenance has largely escaped scholarly attention. My

of economic efficiency. This project constitutes the core of a larger multi-year, Sponsor: booklengthVRSP, IIM Bang studyalore of the global career of efficiency.

Status: Ongoing

IX-A9 Criminalization, Caste and Political Outcomes in India. Evidence from Uttar Pradesh

Project Team: Shabana Mitra

Summary: It is commonplace to view political markets in terms of the principal-agent paradigm. Voters (principals) attempt to discipline elected representatives (agents) using the mechanism of periodic elections. When this mechanism is deemed to function well, then despite the divergence between the innate interests of the electorate and elected politicians, the threat of electoral defeat

demand. However, something is clearly amiss in India. provides sufficient incentives for the latter to broadly comply with popular Sponsor: IIM Bangalore

Status: Ongoing

IX-A10 Does Vote-Buying Pay Off? Using India’s Demonetisation to Examine Effects on Election Results

Project Team: Shabana Mitra

Summary: There is plenty of anecdotal evidence suggesting that vote-buying is pervasive in India (Chilkoti 2014). There is also a growing literature that argues that politicians buy votes strategically, in order to increase the chances of their success in the election. However, in a world where secret ballot ensures that a voter’s actual vote is not observable, it is not obvious that individuals who accept cash-for-votes from a particular party actually vote for that party. It could

so that in equilibrium the cash-for-votes have no effect on election outcomes, also be that individuals accept cash-for-votes or other benefits from all parties, and voters actually vote on the basis of some other criterion (e.g. the party’s governance record, or its policy platform). Centre for Public Policy (CPP) Policy Public for Centre

143 Centre for Public Policy (CPP) Research andPublications IX-A12 IX-A11 144

Summary: Project Team: Challenging Inequalities:AIndo-European P Status: Sponsor: Summary: Project Team: Economy Howare Votes Bought?Examination AnEmpirical Transactionalof Politics Developingin a Status: Sponsor: Status: Sponsor:

IIM Bangalore education andearnings. more precisely how theprogramme inopportunities, changesinequality Pradesh,Uttar andJharkhand.theydata, Usingtheseunique intend to examine have collected bydata interviewing10,000 about girls from thestates of Bihar, examiningof thiscyclefurther theimpacts programme.Moene andS.Mitra K. more likely to delaycycles.those without childbirththan Theproject aimsat who workin Bihar. Girlsa cycle with are alsolesslikely to bemarried early and also lesslikely to be working inagriculture, thedominantjobsector for women comparedschool orcollege togirl a who cycle.a doesget not Girls cyclea with are Empirical studiesagirlsuggest that withacycle is much more likely to complete Shabana Mitra andKalleMoene Ongoing Research Gr economic development. politics throughout thedeveloping world, andshed light onitseffects on The results from this study should deepen our understanding of transactional whetherask vote-buying produces worse outcomesclientelism, than andwhy. of private sector services, candidates,corruptionof political andthequality and in elections.alsoexamineIt will good with publicprovision, thelink utilisation vote-buying, andhow these phenomena induceor attenuateturnover political of targeting,the role brokers, of political theinterplay between clientelism and severalfeatures clientelism ofpolitical vote-buying: and pro-poor extentbias, vote-buying inoneofthelargest democracies intheworld.investigatewill It attempt to usesensitive survey techniques to reliably quantifytheincidence of answeredbe could through first carefulwork.the empirical projectbe This will development. However, thecurrentliterature leaves openmany questionsthat arguably reducegood investments public and therefore hampergrowthand Clientelismvote-buying and are pervasivemany in developingcountries and Shabana Mitra andSujataVisaria Ongoing Ongoing ICSSR-EQUIP Annual Report 2019–2020 ant Council,HongKong

erspective IX Centre for Public Policy (CPP)

IX-A13 Vulnerability Analysis for Karnataka

Project Team: Shabana Mitra

Summary: This study explores the current state of vulnerability of the people of Karnataka and attempts to identify the most vulnerable groups, so that we can make

use established tools to identify the most vulnerable groups and highlight if specific policy recommendations to address these concerns. The study will first vulnerability is concentrated in certain segments of the population. Second, we will see how the current policy setup addresses these gaps.

Sponsor: UNICEFF India

Status: Ongoing

IX-A14 Kumbh Mela Field Research

Project Team: Ritu Tripathi, G. Ramesh and Prateek Raj

complex social cultural event, which are cross-cutting in nature in different consists of deep diving into specific themes that are unique to this massive public services. The team is taking a holistic perspective on the Mela Activity, in that, instead of focusing on department-wise silos and service-deliveries, the team is looking at how the three stakeholders, namely the i) government

reach an optimal state of service and delivery in the Mela. The researchers are departments, ii) private partnering vendors, and iii) civic society, configure to

would include mode of organization, concrete structural aspects such as focusing on both the hard and soft aspects of the configuration. Hard systems

interpersonal activities and transactions such as coordination, mock exercises, tenders specifications, SOPs, manuals, reports, etc. Soft processes would include roles, monitoring and tracking, accountability, motivation, and participation.

Sponsor: Prayagraj Mela Pradhikaran

Status: Completed

IX-A15 NPCI – Chartering a Payment Freeway

Project Team: G. Ramesh

Summary: National Payment Corp plays a very critical role in the banking system. It manages

Sponsor: paymentNational Paymentexchanges, Corp ATM of transactions,India and has floated apps like BHIM.

Status: Completed Centre for Public Policy (CPP) Policy Public for Centre

145 Centre for Public Policy (CPP) Research andPublications IX-A17 The IX-A16 Educated 146 Sponsor: Project Team: A GenderPerspective from India Status: Sponsor: Project Team: Status: Summary: Summary:

Effect

Political

Local discussion. Thisproject utilizes existing quantitative qualitative and from data and how itisaffected by culturalnorms hasnotbeengiven muchattention inthe households. However, therelevance of school to marriage or to work transition opportunities for women andincreasing incomeformembers maleofthe of womenparticipation hascentredexisting onthe evidence oflesseconomic the formalmarket. labour The current discussion on thelowmarket labour developmentcapital human market,in thelabour and participation particularly The economicof andsocialstatuswomen intheIndian society affects their Ongoing IIM Bangalore India. open question.Ourprojectshed willlight onthisissueby analyzingfrom data whether education canbeviewed as anindicator of politician’sis qualityan then their relative effectiveness may alsovary across different outcomes. Thus, educated leaders have different policypreferences than less-educated leaders, whether the educationlevel of politiciansmakes themmore effective. Besides, if some cross-countryother countriesand levelstudies reveal mixed evidence on the effect of the educationlevel of the leaders in theIndiancontext. Research on outcomes. However, there is almost nopublishedpaperthathas investigated politicians interms of gender, religion, caste,on economic andcriminalstatus In the Indian context, some studies have looked theeffectat of identity of outcomes. policy influences politician the of identity that suggest democracy leaders on developmentoutcomes. Citizen-candidate models of representative This project would investigateof theimpacteducationlevel ofpolitical Ongoing Challenges ResearGlobal various sourcescollecteddata including by an UK employment participationofwomen inIndia. examine howlevellocal crime rates affect childmarriage, schooldropout and Soham Sahoo Soham Sahoo Soham

Leaders Crime

Annual Report 2019–2020

and

Child

Development

Marriage, ch Fund,Economic Research andSocial Council(ESRC)

School

Outcomes

Dropout,

NGO, ChildRights &You (CRY), to India

and

Employment

Outcomes:

IX Centre for Public Policy (CPP)

IX-B Articles in Academic Journals

Name of Details of Sl. No. Authors Title of Paper Journal Publication IX-B1 Anjana Dube and Journal of Vol. 55(10), Kamath, Rajalaxmi Processes and Crises: Development 2019, Microfinance Group Responses to Economic and Studies Pg. 2273-2285 Psychological Threats IX-B2 S. Chandrasekhar and Land-Holding, Participation Asian Vol. 15(2), Sahoo, Soham in Agriculture and Short- Population 2019, Term Migration in Rural Studies Pg. 2019-227 India IX-B3 S. Chandrasekhar, P. Household Expenditure on Economic and Vol. 54(20), Geetha Rani, and Sahoo, Higher Education: What Political Weekly 18 May, 2019 Soham do We Know and What do Recent Data Have to Say? IX-B4 Snesha Thapliyal, Economic Inequality and World Vol. 122, Mukherji, Arnab and Loss of Commons: Evidence Development October 2019, Malghan, Deepak from India Pg. 693-712 IX-B5 Anish Sugathan, Downstream Electric Utility Energy Vol. 178, Malghan, Deepak, S. Restructuring and Upstream July 2019, Chandrashekar and Pg. 832-852 Sinha, Deepak K Productivity Dynamics of Generation Efficiency: Indian Coal And Gas Based Electricity Generators IX-B6 Naveen Bharathi, Neighbourhood-Scale Economic and Vol. 54(30), Malghan, Deepak and Residential Segregation in Political Weekly July 2019, Andaleeb Rahman Indian Metros Pg. 64-70 IX-B7 Cheryl Doss, Women, Assets, and Formal Development Vol. 38(2), Swaminathan, Hema, Savings: A Comparative Policy Review March 2020, Carmen Diana Deere, Analysis of Ecuador, Ghana Pg. 180-205 J. Y. Suchitra, Abena D. and India Oduro and Boaz Anglade IX-B8 Jody Heymann, Jessica Improving Health with The Lancet Vol. 393 K Levy, Bijetri Bose, Programmatic, Legal, and (10190), Vanessa Ríos-Salas, Policy Approaches to Reduce June 2019, Yehualashet Mekonen, Gender Inequality and Pg. 2522-2534 Swaminathan, Hema, Change Restrictive Gender Negar Omidakhsh, Norms Adva Gadoth, Kate Huh, Margaret E Greene and Gary L Darmstadt Centre for Public Policy (CPP) Policy Public for Centre

147 Centre for Public Policy (CPP) Research andPublications 148 IX-D1 IX-E IX-D IX-B9 IX-B10 Sl. No. Sl. No. Sl. No. IX-E3 IX-E2 IX-E1

Working Papers Chapters i Suchitra J.Y Hema and Swaminathan, , Rajalaxmi Kamath Kuchibhotla and Ravi Sankar Andaleeb Rahman Malghan Naveen Bharathi, Andaleeb Rahman Malghan Naveen Bharathi, and Flavio Minelli Dhurka, Ravinder Singh Sriram MS Sriram MS Authors Author Authors , Deepakand , Deepakand , Siddharth n Books to LandinIndia Women’s Access Unfulfilled: Promises Title ofChapter

Annual Report 2019–2020 of LegislatingGST inIndia The “One-Ness”ofOneNation,Tax: Travails Urbanizing India Village intheCity:Residential Segregation in Metros Residential Segregation Patterns inIndian Private Limited Vistaar FinancialServices for Policy Intervention Financial Inclusion:Agenda Title ofPaper India Inequalities in Rising Report 2018 Development India: Social Title ofBook Title Reddy T. HaqueandDN Decision Makers The Journalfor VIKALPA Decision Makers The Journalfor VIKALPA Editors Name of Journal Working Delhi, 2019 Press, New University Oxford 2019, Pg. 41-52 Vol. 44(1), Pg. 163-166 2019, December October- Vol. 44(4), Paper IIMB 590 588 587 Publication Publication No. Details of Details

2019 2019 2019 Year IX Centre for Public Policy (CPP)

IX-F Articles in Periodicals, Financial Dailies, and Newspapers

Name of Date of Sl. No. Authors Title of Article Newspaper/ Publication Magazine IX-F1 Sriram M S Implications of Crisis Could Be Far and Deccan Herald October 06, Wide 2019 IX-F2 Sriram M S The Road Map for Real Banking Reforms Mint September 23, 2019 IX-F3 Sriram M S Bank Nationalization Stands the Test of Mint July 22, 2019 Time IX-F4 Sriram M S Bank Nationalization Stands the Test of Banker’s Helpline, August 4, Time Vol 3(18) 2019 IX-F5 Sriram M S Dealing with Banking and NPA Crisis: Moneycontrol.com June 28, 2019 A Primer IX-F6 Raghuram G To Creative Destruction and Reinvention Rail Business February [Expert Opinion- 2020

Vol. 11(52) Reflections], IX-F7 Raghuram G Transport Infrastructure in India, Union Yojana March 2020 Budget 2020-21 IX-F8 Raghuram G Can Reforms Revive Higher Education?, Financial Express February 10, Union Budget FY 2020 2020 IX-F9 Raghuram G Executive Education Engine to Drive IIM The Hindu November 11, Bangalore’s Revenues Business Line 2019 IX-F10 Raghuram G Looking Up Substantial Progress but 21st Anniversary August 2019 Miles to Go issue, Indian Infrastructure, Vol.22(1) IX-F11 Raghuram G Transport Infrastructure and Yojana August 2019 Connectivity, Long Term Projects, Union- Budget 2019-20 IX-F12 Raghuram G Budget 2019: Study the Past to Predict The Financial July 15, 2019 the Future, Budget-2019 Express IX-F13 Raghuram G One Should Keep Pushing for Change 10th Anniversary June 2019 and Growth Academicians issue, Careers360 Centre for Public Policy (CPP) Policy Public for Centre

149 Centre for Public Policy (CPP) IX-H1 IX-H2 IX-H3 IX-H4 IX-H5 IX-H6 Research andPublications Sl. No. IX-H 150 IX-G IX-G2 IX-G1 Sl. No.

Seminar/Conference/Workshop Presentations/Invited Talks Other Publicati Other of other Institutes, other of etc.) Suraj, AnilB Suraj, AnilB G Ramesh Mukherji Mukherji Bhuwania, A, Hema and Malghan Rajluxmi V. and Murthy , Rajalaxmi Kamath, , Soham Sahoo Ibanez, SKhanand P Balasubramania, M Swaminathan, Authors Authors , Deepak , Arnab , Arnab ons (Magazines, Monographs, Reports, Working Papers

and Education Copyrights for Research Policies Public Contracts and Talent Acquisition and Poverty Development Economics Randomization, from India Empowerment: Evidence Education through Powering Women’s Continuum Ethnic Geographic Title ofPaper/Session/ Annual Report 2019–2020 Resettlement Action Plan Development? Empowerment Promote Does Female Economic Invited Talk Title ofPublication Bangalore Studies andthePESUniversity, Science inIndia),Information known asFather ofLibrary Dr. S.R.Ranganathan (popularly mark thebirthanniversary of Commemorative Lecture to Campus, Mussoorie Government ofIndia,LBSNAA Governance, DARPG, National Centre for Good Servants ofBangladesh, Administration for Civil Programme inField Mid-Career Training Banks Association,Mumbai Association organized by Indian HR Conference ofIndianBanks 2019 MESCollege,Bangalore Nobel Insight Lecture Series Publications SeminarSeries IIM Ahmedabad,Research and LISER, Luxembourg Name ofConference and Corporation Limited, 2019 Other Report, Bangalore Metro Rail 2019 Other Report, PEGNetPolicy Brief17, Venue Type ofPublication 2019 August 9, 17, 2019 September 2019 October 16, 2019 October 26, 4, 2019 November 2019 April 30, Dates of Event IX Centre for Public Policy (CPP)

Title of Paper/Session/ Name of Conference and Dates of Sl. No. Authors Invited Talk Venue Event IX-H7 Swaminathan, Gender and Agricultural International Association for June 27-29, Hema, Suchitra J Y Decision-making: Self Feminist Economists Annual 2019 and Rahul Lahoti and Proxy Reporting in Meetings, Glasgow Karnataka, India IX-H8 Sriram M S Smarjit Ray Memorial Dr. Marri Chenna Reddy July 1, 2019 Lecture Human Resource Development Institute of Telangana. Jointly organized by MCRHRDIT and Mahila Abhivruddhi Society IX-H9 Sriram M S Micro Finance and SDG7 for SDG8 Conference April 27, Sustainable Livelihoods- organized by SELCO Foundation 2019 Enabling Asset based Financing in MFIs IX-H10 Sriram M S Talk on Resilience of International Conference on October 30 Indian Banking System SHG Movement, Bangalore – November in Serving the Excluded 2, 2019 through SHG Movement and the Future of

IX-H11 Sriram M S MicrofinanceLeveraging Existing Theme: Sustainability and November Architecture or Building prospects of replicating the 2, 2019 New Institutions: Should model of Stree Nidhi in other we be Replicating Stree parts of India, National Institute Nidhi? of Rural Development and Panchayati Raj, Rajendranagar, Hyderabad IX-H12 Mitra, Shabana Dictatorship and Public Ashoka University, Haryana November Good Provision 20, 2019 IX-H13 Mitra, Shabana Democracy at Work, ISB Hyderabad January 10, Presented Cash for Votes 2020 IX-H14 Mitra, Shabana Presented Cash for Votes Cyprus University (UClan), Pyla May 27, 2019 IX-H15 Sahoo, Soham Are Educated Leaders Yale Political and Economic May 10, Good for Education? Development Conference, Yale 2019 Evidence from India University, USA IX-H16 Sahoo, Soham Are Educated Leaders Development Economics June 18, Good for Education? Conference, University of 2019 Evidence from India Lincoln, UK Centre for Public Policy (CPP) Policy Public for Centre

151 Centre for Public Policy (CPP) IX-H17 IX-H18 IX-H19 Research andPublications IX-J1 Sl. No. 152 IX-J IX-I IX-I-1 Sl. No.

Title: Summary: Author: IIMB Case Studies CaseStudies IIMB Conference in Articles Proceedings , Soham Sahoo , Soham Sahoo Rajalaxmi , Kamath Arnab and Mukherji Deepti Sharma

Authors Authors

, based on the front-stagebased on (borrower-groups) back-stage and (organizations, sociologist Erving Goffman (1922-1982), the case differentiates the two models lines ofGrameenin Bangladesh.Bank Usingthedramaturgicalapproach ofthe hand, are ontheirway to being“mainstreamed” asbanks, prettythe much along other narratives.the inclusion on financial currentGrameenMFIs the in salient longer no is India, in discourse inclusion financial the changing in player key with respect to these two models. The SHG model, while beingrecognized as a Linkage) model. Today, the Indian microfinance story stands at a crucial juncture groupthe Self-HelpGroup lendingmodel,called Linkage Bank (SHG Bank where there was an extensive network of a pre-existing indigenously developed the mid-90s, primarily inthefour southern states of India. This was inasetting in inroads made Model MFI Grameenwell-known The India. in microfinance of The case highlig andNithyaRajalaxmi Kamath Joseph Microfinance Evidence from India Market Outcomes: Implications for Labour in Education andits Gender Segregation Evidence from India Market Outcomes: Implications for Labour in Education andits Gender Segregation the AnnualBudget 2019-20. Workshop on Taxation andBudget Improve ChildDevelopment? Does Access to Sanitation Title ofPaper/Session/ Annual Report 2019–2020 @ Harvard Publishing Business Invited Talk

in Title ofPaper hts thediffering trajectories of two, contemporaneous models

India:

Tale

University, Barcelona, Spain Conference, Pompeu Fabra APPAM International Bangkok, Thailand UNU-WIDER Conference Development Studies.Chennai Madras Institute of Two Name ofConference and

Models Details oftheConference Proceedings Tiruchirappalli, January2-4,2020 Management Conference 2020,IIM 6th BiennialIndianAcademy of Venue

2019 July 29, 11, 2019 September 2019 August Dates of Event IX Centre for Public Policy (CPP)

because while the front-stage is steeped in discourses of community, and poverty investors, and the State). This distinction is useful for our microfinance narrative

disbursement and recovery pressures, break-even analyses around lender- alleviation; the back-stage revolves around the hard-nosed financial ratios, fund borrower relations, which are unrelated or even detrimental to the front-stage discourse. Differentiating between the front-stage and back-stage interactions thus allows us to reveal processes that played out very differently for both these

attuned model Grameen Model end up gobbling the clunkier and local SHG Bank microfinance models. It helps us parse out a key question: did the more globally Linkage Model?

IX-J2 Title: Litchi the Unlucky Fruit: What Does the Evidence Say?

Author: G Ramesh and Stuti Goswami

Summary: Evidence-based decision making in public policy is considered to be complex,

involves long gestation with unknown impact, but decisions cannot be deferred. as evidence can be often partial, conflicting, and emerging. The impact often In such instances, where the situation requires quick decisions and where the policymakers cannot afford to wait or look for conclusive evidence, making policies on the basis of evidence becomes a challenge.

IX-J3 Title: Force of Markets in Sports – Premier Football Leagues in India

Author: G Ramesh and V Raghunandhan

place and shape of the football game before and after introduction of premier Summary: The case presents the status of sports in general in India under official federations, leagues, and global trend and debate around games going the path of premier

whose performance track has been dismal. The premier football league is at the leagues. In India, sports, in general, is dominated by the official federations early stage of its life cycle. Marketization of the game has succeeded in bringing to the fore the latent demand and passion for the game. It has brought forth initial success in professionalizing the game, identifying the talents, upgrading the infrastructure, etc. However, the purists would like to voice their concern

about unbridled marketization in terms of dominance of star players, financial Football Federation (AIFF) at the center and AIFF weighing the development of viability, conflict with national games, etc. This case is built around All India premier leagues and the latest rift between the two leagues. The challenge for AIFF is: Can it calibrate the contours and trajectory of the game to keep in check

the rules of the game, terms of engagement of investors, players, agents, etc. or unhindered marketization? Can and should the official federation influence

are opened? Or, is marketization such a juggernaut that it rolls on its path best leave it to the leagues; and their influence on the game once the floodgates sidestepping regulations and national fervors? Can something be learnt from Centre for Public Policy (CPP) Policy Public for Centre

153 Centre for Public Policy (CPP) Research andPublications IX-J5 IX-J4 154

Title: Title: Author: Summary: Author: Summary:

also juxtaposestheexperience ofthetransformation exercise undertaken by the changes andwhether they couldlastbeyond thecurrent leadership.Thecase examines theprocess oftransformation andraises thequestionsregarding these The casedocumentsthechallenges andopportunitiesattheoperational level; operates undermultiple constraints attheoperational andgovernance levels. and thestate. Given thenature ofthebank’sincorporation andownership, it with legacy systems andwithmultiple expectations –from customers, markets, the light ofthismove, thiscaseexamines thechallengesofmanagingalarge bank bank andalsolaterally recruited theCEO from theprivate sector bankingspace.In Government ofIndiaappointed anindependentnon-executive chairmanfor the sector bankingenterprises inIndia.Asa partofthelarger reform process, the of 1991,there have been efforts to changetheculture andmanagementofpublic government. Ever sinceIndiaembarked ontheprogramme ofeconomicreforms The bankwas nationalizedin1969andsincethenhasbeenunderthecontrol ofthe Bank ofBaroda isoneof theoldestbanks inIndiawithalar in thecontext ofinternational management? other sectors in protectingbrand national against theonslaught of globalbrands Rejie George andMSSriram New Dawn atBankof Baroda: Project Navoday part owner, andfrom customers, financialmarkets, andminorityshareholders. multiple expectations from various stakeholders arisingfrom theState beinga associated withthegovernance ofalarge bankwithlegacy systems andwith banking reform process. Thiscasethusillustrates andexamines thechallenges the with associated challenges significant havecreated which sector banking the could happen.However, subsequently, there have beenmountingconcernsin wasBank) seenasabankwherethe early experimentation ofreform sector inthe laterally from theprivate sector in2015.Therefore,Canara BoB (alongwith officer executive chief a and chairperson non-executive a appointed step, first a effort to infusenewthinkingandto reform thebanking sector, thegovernment as disinvestment,the Companies’ Act, andalsoconsolidationofmultiplebanks. Inan toBank NationalizationAct, bring itonparwithcompaniesincorporated under banks. Theideasaround reform have includedamongother things-repeal ofthe of 1991,there were efforts to address thestructural andgovernance aspectsof government. Everthe Indiaembarked since programmeon the reformseconomic of Thebankwasfootprint. nationalizedin1969andwas under thecontrol ofthe Bank ofBaroda (BoB)isoneoftheoldestbanks inIndiawithalar Bank ofBaroda: Governance Challenges in aPublic-Sector Undertaking Rejie George Annual Report 2019–2020 and MSSriram ge international footprint. ge international footprint. ge international ge international IX Centre for Public Policy (CPP)

organization in the past to review the progress of some of the erstwhile changes and provides an opportunity to examine the subsequent transformation exercise amidst a severely constrained situation.

IX-L Awards, Honours, and Achievements

IX-L1 Prof. Soham Sahoo, Prof. M. J. Manohar Rao Award for Young Researchers 2018, The Indian Econometric Society.

IX-L2 Prof. Soham Sahoo, DAAD Visiting Professorship Award, German Academic Exchange Service (DAAD), 2019.

IX-L3 Prof. Hema Swaminathan, Member, Standing Committee of Economic Statistics, MoSPI.

IX-O Papers Presented by FPM Students in Conference/Seminar during 2019–2020

Sl. No. Name of the Student Title of the Paper Details of the Conference Date IX-O1 Deepti Sharma Disability Inclusion in 10th International December and Prof. Ganesh N Education: Including High CESI Conference titled 9-11, 2019 Prabhu Performing Children with Exclusion, Inclusion and Disability (Disability, Equity in Education, Inclusion, and Education) Zakir Husain Centre for Educational Studies (ZHCES), JNU IX-O2 Soumya Pal Social Network and 10th International December Indoctrinated Preferences CESI Conference titled 9-11, 2019 for Higher Education Exclusion, Inclusion and Equity in Education, Zakir Husain Centre for Educational Studies (ZHCES), JNU IX-O3 Soumya Pal Choked Beginning to Life: 7th PAN IIM World December Does Indoor Pollution Management Conference, 11-13, Matter? Delhi 2019 IX-O4 Vinay Reddy Aspiration of IT jobs and 10th International December Venumuddala and Social Boundary Making: CESI Conference titled 9-11, 2019 Manjunath AN An Ethnographic Study in Exclusion, Inclusion and an Engineering College Equity in Education, Zakir Husain Centre for Educational Studies (ZHCES), JNU Centre for Public Policy (CPP) Policy Public for Centre

155 Centre for Public Policy (CPP) IX-O10 Research andPublications Sl. No. IX-O9 IX-O8 IX-O7 IX-O6 IX-O5 156 IX-S IX-S1 IX-S2 IX-S3 IX-S4 Sl. No.

Parvathy V Kumar Parvathy and Prof. ArnabMukherji Deepti Sharmaand Gopi Sankar G Parvathy Anand Kumar Venumuddala and Vinay Reddy Name oftheStudent Seminars/Conferences/Workshops Organized by 2019– CPPduring 2020 Policy andManagement 14th AnnualInternational Conference onPublic Backwardness?” “Reservation 2.0:IsCaste StillanIndicator of Seminar by Prof. Ashwini Deshpandeon of SpeechinGovernment Talk by KannanGopinathan,ex-IAS, onFreedom Economics 5th International Conference onLaw and Details

the

Conference/Workshop/Lecture Annual Report 2019–2020 Gifts Recipients’ Evaluations of Gift-givers Over-estimate Counts”: Even Thoughtful “It’s TheThought That Performance of PublicOpiniononFirm Crowd Sourcing: Dynamics Development? Sanitation Improve Child Does Access to Farmers to SmallandMarginal and Remunerative Returns Political Economy ofFair A Persistent Crisis: Preference Mispredictions Taking Decreases Gifts: How Perspective- Mind Readers Give Great Mobility Occupations andSocial Title ofthePaper Diego, CA AMA Winter 2020,San Diego, CA AMA Winter 2020,San 2020), IIMTiruchirappalli of Management(INDAM of theIndianAcademy Sixth BiennialConference Delhi Management Conference, 7th PAN IIMWorld Institute, Bangalore NASMEI, Great Lakes Delhi Management Conference, 7th PAN IIMWorld Details oftheConference August 22-24,2019 July 31,2019 September 6,2019 2019 December 28-29, Dates ofEvents IIM Bangalore IIM Bangalore IIM Bangalore IIM Bangalore Venue 2020 14-16, February 2020 14-16, February 2-4, 2020 January 2019 11-13, December 2019 19-20, December 2019 11-13, December Date IX Centre for Public Policy (CPP)

Sl. No. Details of the Conference/Workshop/Lecture Dates of Events Venue IX-S5 January 14, 2020 IIM Bangalore India”. Hon’ble Members of Parliament, Suvāda on the topic “CAA, NRC and the Idea of Prof. Rajeev Gowda and Swapan Dasgupta IX-S6 Conclave on Construction Workers Safety, Health January 29, 2020 IIM Bangalore and Welfare IX-S7 CPP in collaboration with the Selco Foundation, April 26-27, 2019 IIM Bangalore hosted the conference on Sustainable Energy and Livelihood Nexus IX-S8 Foundation Day Lecture Series July 10, 2019 IIM Bangalore IX-S9 CPP in collaboration with LivingMyPromise April 12, 2019 IIM Bangalore organized a talk

IX-S10 Key Activities of CPP Faculty

• Prof. Hema Swaminathan, A. Nandi, McGill University and others are working on the project “Policy-relevant observational studies for population health equity and responsible development” funded by Canadian Institute for Health Research.

• Prof. Hema Swaminathan is working on the project “Social Identities and the Labour Market”, Co-Principal Investigator (in collaboration with Azim Premji University), funded by IIM Bangalore and Initiative for What Works to Advance Gender Equality (IWWAGE).

• Prof. G Ramesh and Prof. Ankur Jain are working on the project “Job Satisfaction among

• BankProf. GOfficers Ramesh of Syndicateis working Bank” on the funded project by “NationalSyndicate PaymentBank. Corporation India (NPCI): Chartering a National Payment Freeway”. Sponsored by NPCI.

• Prof. Arnab Mukherji, A. Nandi, McGill University and others are working on the Project “Policy-relevant observational studies for population health equity and responsible development” funded by Canadian Institute of Health Research

• Prof. Arnab Mukherji and Anirban Mitra, University of Kent, are working on the Project “Political Dynasties and Vote-buying: A Study of the Synergies” funded by British Academy

• Prof. Shabana Mitra is working on the project “Vulnerability Analysis for Karnataka” funded by UNICEF India

• Prof. Shabana Mitra is working on the project “Vulnerability Analysis for Andhra Pradesh, Telangana.” Funded by UNICEF India Centre for Public Policy (CPP) Policy Public for Centre

157 Entrepreneurship Research andPublications 158 X E programmes. Businessesand participate (MPEFB) many in other general management Goldman Sachs, Management Programme forEntrepreneurs andFamily Start-upProgramme (WSP),10,000 WomenProgramme partnership in education programmesentrepreneurship focusedon such asthe Women areThe area active faculty coordinating in successful executive (DREAM) andInternational Entrepreneurship. Analysis,Network Designing ResearchEntrepreneurship in as aMethod EntrepreneurshipContemporary Classics, Entrepreneurship,Social StrategicManaging Partnerships.Doctoral coursesoffered include and electives suchUnderstanding as Venture Capital andCreating and Entrepreneurialand Action, Mindset Entrepreneurial Management, In the teaching sphere, the area offers MBA-level core courses such as Journal ofManagement andothers. Pacific Asia Journal, Entrepreneurship Strategic Review, Management BusinessVenturing, Entrepreneurship andPractice,Theory MIT-Sloan such asAmericanSociology,of Journal Quarterly, MIS of Journal innovation. They have prestigiouspublished in international journals organizations,entrepreneurial cognition, and social networks, entrepreneurship,social entrepreneurship, effectuation, hybrid familyas business,international entrepreneurship,corporate areAll research-active faculty and have expertise suchin domains as translate research into practice. incubator,IIMB’s to explore practice-relevant research questionswellas faculty.members andonevisiting The area works closely with NSRCEL, Entrepreneurship Formed in 2017, it has five full-time faculty members, two secondary ntrepreneurship isthe youngest academic area at Bangalore.IIM Annual Report 2019–2020 X Entrepreneurship

X-A Research Projects

X-A1 Multiple Bookrunner Adoption in IPO Deals

Project Team: Dalhia Mani and Seok-Woo Kwon

Summary: This research project investigates the coevolution of networks and behavior, i.e. how does behavior change network structure, and how does the network structure, in turn, change behavior? For example, smokers tend to become friends, and those who are friends with smokers, tend to also smoke. Therefore, birds of

a feather flock together, and those who flock together become even more similar over time. In the field of management, significant attention has been paid to how attention has been paid to how changes in behavior affect the intercorporate adoption of new innovations is influenced by intercorporate ties, but almost no network. We propose to focus on the coevolution of behavior and networks in the context of investment bank networks and the adoption of multiple bookrunners in IPO deals.

Sponsor: IIM Bangalore

Status: Completed

X-A2 Startup Ecosystem India: Founding and Funding Patterns 1990-2017

Project Team: Dalhia Mani

Summary: The tech startup ecosystem in India is now the third largest in the world, after the United States and China (NASSCOM-Zinnov, 2018). By some accounts, it is growing at a rate of 12-15% per year (NASSCOM-Zinnov, 2018). In 2017, Bangalore was assessed as the most dynamic city in the world by the World Economic Forum. And yet, research on Indian startups is inchoate, and relies largely on anecdotal (Aldrich, 2003; Bae, 2014), qualitative (Aggarwal, 2015; Chen, 2009), and survey

teaching and practice of entrepreneurship in India rely heavily on research and data (Lyons, 2018), or focuses on funded firms (Joshi, 2018). Hence, much of the practice in the U.S. context. However, it is unclear whether and to what extent, these theories are applicable to the Indian context, where the level of market, capital, supplier, and regulatory uncertainty is higher. Even more challenging,

time and sectors is unavailable. reliable economy-wide figures on the size and growth of Indian startups across Sponsor: IIM Bangalore

Status: Completed Entrepreneurship

159 Entrepreneurship Research andPublications X-A5 X-A4 Evolution X-A3 160

Status: Status: Summary: Project Team: Naukri.com –TheBusinessofInternet inIndia Sponsor: Summary: Project Team: IIMB History Project Status: Sponsor: Summary: Project Team: Bangalore Entrepreneurial Ecosystem Sponsor:

and

Resilience IIM Bangalore of IIMBhistory suchasprogrammes, research, infrastructure, etc. jubilee celebrations. Many volumes willbeproduced focusing ondifferent aspects This isaproject to captur Ongoing IIM Bangalore We take alongdur Ongoing IIM Bangalore created enormousvalue inthecountry. of entrepreneurship doneright inIndiaby founders who started withnothingand listings –Naukri.com,Makemytrip, Allfour Justdial are andIndiamart. examples There are onl Ongoing K Kumar, BringiDev andShainesh G stakeholders identify(AlbertandWhetten 1985;Ashforth andMael1989). possesses anidentityandimagefor itselfwithwhich theentrepreneurs andother the ecosystem across sectors andgeographic sub-divisions ofthecityandifanEE explore ifthere isapattern to therise andfall ofentrepreneurial ventures within in packs” across policy, civic andprivate sectors (Van deVen 1993).We intend to administrationwhere2003) (Murmann “foxes are likely to betterhunt theyif hunt of theinfrastructure for entrepreneurship andtheco-evolution ofbusinessand systemicentrepreneurshipof view importance the suggests 1989) that (Dubini pressures”endogenous and (Cadanesso,Pickett, &Grove, We2006). a adopt to degree “the which anEEcancontinuously recover as from andadaptto exogenous shocks defined resilience its investigate to study case a as it use we shaped over thedecadessinceindependence.Oncenarrative isconstructed, to constructathickandrichhistorical narrative ofhow theBangalore EEhas resilientthem over (Roundy,time Brockman, Bradshawand We2017). undertake entrepreneurial ecosystems (EE)and(b)to understandwhat makes someof K Kumar Suresh Bhagavatula Annual Report 2019–2020 and Manjunath.A.N and

y four Internet companiesinIndiathathave hadsuccessfulpublic Entrepr ée perspective (Braudel 1958)(a)to study theevolution of eneurial and KshitijSaxena e thehistory ofIIMBasparttheforthcoming golden

Ec osystems:

Long

Durée

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the

X Entrepreneurship

X-B Articles in Academic Journals

Sl. Details of Authors Title of Paper Name of Journal No. Publication X-B1 Shameen Prashantham Engaging with Startups: MNC IIMB Management Vol. 31(4), and Kumar K Perspectives Review December 2019, Pg. 407-417 X-B2 Shameen Prashantham, International New Ventures Management and Vol. 15(3), Kumar K and Sumelika from Emerging Economies: Organization September Bhattacharya Network Connectivity and Review 2019, Legitimacy Building Pg. 615-641 X-B3 Bhagavatula, Suresh, Innovation and Management and Vol. 15(1), Ram Mudambi and Entrepreneurship in India: Organization September Johann Peter Murmann An Overview Review 2019, Pg. 467-493 X-B4 Laurette Dubé, Impact of the eKutir ICT- Food Policy Vol. 90, January Cameron McRae, Enabled Social Enterprise 2020, 101787, Yun-Hsuan Wu, Samik and its Distributed Micro- Pg. 1-12 Ghosh, Summer Allen, Entrepreneur Strategy Daniel Ross, Saibal on Fruit and Vegetable Ray, Pramod K. Joshi, Consumption: A Quasi- John McDermott, Jha, Experimental Study in Rural Srivardhini K, and and Urban Communities in Spencer Moore Odisha, India

X-C Books

X-C1 Kumar K, Bringi Dev and K. R. Usha

The Evolution of IIMB: Director’s Perspectives

2019

The book ‘The Evolution of IIMB: Director’s Perspectives’ was published by IIMB on 28 October 2019 (The Foundation Day) to kickstart the golden jubilee celebrations of IIMB. The team comprisedProf. Kumar K, Prof. Bringi Dev, K. R. Usha and the late Prof. C Manohar Reddy. All the former Directors (except two) were interviewed. Secondary research was carried out to validate the facts in their interviews, and their interviews were edited. Entrepreneurship

161 Entrepreneurship Research andPublications X-H1 X-H X-H2 X-H3 X-H4 X-H5 162 X-D1 X-E X-D Sl. No. Sl. No. No. X-E2 X-E1 Sl.

Mani, Dalhia Seminar/Conference/Workshop Presentations/Invited Talks Mani, Dalhia K and Jha,Srivardhini Mukherji and Bhawe, N Jha, Srivardhini K Jha, Srivardhini K Rishikesha Tand Krishnan Working Papers Chapters i Kumar K Bhalla Bhagavatula Mani, Dalhia Souvik Duttaand Mukherjee, Prithwiraj, Balagopal Vissa Manisha Goeland Authors Authors , Manaswini , Sourav Author , , Suresh, n Books

Context Setting the IIMB’s Journey: Title ofChapter , Annual Report 2019–2020 Governance Perspective onCorporate Family Feuds: AHarmony and Dynamics Session Chair, Network Change Learning Approach Partnership: AnExperiential Development ofInternational Regulatory Shocks Role ofInformal Economies and Scaling SocialVentures: The Policy Contours ofIndia’s Innovation Development: The Changing to Economic Growth & Linking Innovation System Title ofPaper/Session/ Consequences ofClickbait The Antecedents andRebroadcast Firm Outcomes Cultural Diversity inCorporate Boards and Invited Talk Perspectives IIMB: Director’s The Evolution of Title ofBook Title Conference, IIMA Network Science Management Boston Academy of Conference, Boston Management Academy of Minneapolis Conference, SMS 39thAnnual Seoul Asialics Conference, Name ofConference K. R.Usha Bringi Dev, Editors and Venue Paper No. Working 2019 IIMB 592 599 Publication Details 2019 December 2019 2019 August 2019 19-22, October July 2019 Dates of Event 2019 2019 Year X Entrepreneurship

Sl. Title of Paper/Session/ Name of Conference Dates of Authors No. Invited Talk and Venue Event X-H6 Jha, Srivardhini K, Balancing the See-Saw: European Academy June 26-28, Jothsna Rajan and Negotiated Stability among of Management 2019 Naik, Gopal Plural Logics in a Hybrid (EURAM), Exploring Partnership the Future of Management, Lisboa, Portugal X-H7 Bhagavatula, Suresh Understanding Historical Historical September Methods and Publishing Entrepreneurship 2019 Historical Research Research Symposium (HERS), University of Southern California X-H8 Bhagavatula, Suresh, Slumdog Entrepreneurship: A AoM Boston August Soumodip Sarkar Double Edged Nature of Strong 2019 and Sachindananda Ties Benegal

X-I Articles in Conference Proceedings

Sl. No. Authors Title of Paper Details of the Conference Proceedings X-I-1 Kumar K, Succession Planning in Family International Conference on New Sreekanth Mony, Businesses: Can the Notion Frontiers in Sanskrit & Indic Adithya Sastry, of Vanaprastha Provide New Knowledge’ held at the Chinmaya V. Subramanian Insights? Vishwavidyapeeth University, Kochi, Chidambaram 2019

X-J IIMB Case Studies @ Harvard Business Publishing

X-J1 Title: Saahas Zero Waste Solutions: Getting to a Product Market Fit While Cleaning up India

Author: Suresh Bhagavatula, Deepa Iyer and Menaka Rao

Summary: The case follows social entrepreneur Wilma Rodriguez’s journey of three decades as she creates and grows Saahas Zero Waste. Wilma wants to address the social issue and seeks various forms of solutioning, partnership, and organizational structure to take advantage of whatever opportunities arise along the way. The case spotlights Saahas when it faces the challenges of increasing scale as part

of achieving product market fit. Saahas delivers value that cannot be easily and impact of the waste they generate. Saahas needs to communicate the value quantified, to first-time large customers who do not understand the quantum it delivers. It also needs to determine how to scale further. Entrepreneurship

163 Centre for Corporate and XI Governance and Citizenship (CCGC)

he Centre for Corporate and Governance and Citizenship (CCGC) has established T itself as a repository of knowledge and commitment in the field of corporate governance and corporate responsibility under the umbrella of Responsible Business. The Centre is guided by an Advisory Committee, comprising senior and experienced institute faculty from different disciplines such as finance and control, marketing, strategy, economics, and organization behaviour. The focus of the Centre falls under the 5 broad areas of a) Advocacy, b) Education, c) Training, d) Research and e) Dissemination. The Centre aims to improve the understanding of systems of corporate governance in theory as well as in practice, both in India and elsewhere, through conceptual and empirical research. It also provides policy support to governments, regulatory agencies, industry associations, and civic society bodies, based on independent research and study of topics bearing upon the Centre’s field of activity. It aims at enhancing awareness of the imperatives of globally acceptable standards of corporate governance and issues in their actual implementation, through teaching and training initiatives at various levels of business and management education, faculty development programmes and directorial and executive development for the corporate as well as for the not-for-profit sector. The Centre also offers a website www.teachcsr.com as a resource for academia as well as practitioners covering the entire canvas of responsible business, which includes ethics and good governance, leading to Corporate Sustainability. Besides collaborative research on the Centre’s fields of activities, it encourages dissemination of research and other information, and provides faculty development support through publications including journals and papers, resources websites, and other channels of communication. The Centre has been provisionally accredited as a Centre of Excellence by the National Foundation for Corporate Governance, a trust sponsored by the Government of India, Ministry of Company Affairs, for promotion of improved Corporate Governance in India. Centre for Corporate and Governance and Citizenship (CCGC) and Citizenship and Governance Corporate for Centre

164 XI Centre for Corporate and Governance and Citizenship (CCGC)

XI-H Seminars/Conferences/Workshops, etc. Organized by CCGC

Sl. Dates of the Details of the Event No. Event 1 Capacity Building at Scale for India’s Social Impact Ecosystem in Collaboration January 24, 2020 with Dr. Reddy’s Foundation and Phicus Social Solutions CCGC 2 Seminar on Future of Reporting () KPMG/Wipro/ November 11, 2019

3 FutureCimplifive/IIM of Boards Bangalore Conference on the Emerging Challenges of Corporate June 14-15, 2019 Governance Research 4 Assessment and Evaluation of Business and Human Rights Reporting by In Progress Corporate India by Prof. Vasanthi Srinivasan with NHRC 5 Crafting the Role of the Independent Director conducted by Prof. Padmini Completed Srinivasan in collaboration with NFCG 6 Business and Human Rights conducted by Prof. Vasanthi Srinivasan in Completed collaboration with Wipro 7 Sustainability Risk Management conducted by Prof. Padmini Srinivasan in Completed collaboration with Wipro Dissemination 8 ‘TeachCSR’ (www.teachcsr.com) website is a comprehensive resource for Website fully academia and practitioners of Responsible Business. There is an ongoing operational. collaboration with Business and the Community UK, Globethics.net Switzerland, and the CSR 360 Global Partner Network. It has around 1750 Continuous global members from academia, corporates, the student community, and improvements civil society representing six continents and 63 countries. It reaches around and upgradation on-going organizations in India. 490 global academic institutes, 380 companies and 176 not-for-profit Centre for Corporate and Governance and Citizenship (CCGC) Citizenship and and Governance Corporate for Centre

165 Data Centre and Analytics Lab (DCAL) XII Research andPublications 166 worldwide hubforanalytics andbusiness intelligence research inIndia. returninvestmenton (ROI) moviefor franchises.Thecentre to aims be a media analyticsplays brandbuilding part in a big and achieving higher improve non-clinicalthe in healthcare services and how domain social emergingof a number in settings areas such ashow to measure and the incenterconducting is researchfaculty original ondata-intensive on trainingfocused next generation professionalsand researchers. The conferences,and BAI knowledgeworkshops dissemination and has and publicationsin international journals.It has organised Analytics data-intensivein sciences.The centreseveral haspublished case studies andavenueanalytics for research support, designand experimentation has remained itscore activity. The centre strives to provide services, topicson with afocus related to BusinessIntelligence andAnalytics remained true toof a original visionCentre IIMB’s of Excellence. Research its shorthistory,In ever since DCALwasOctoberin founded 2012, it has Excellenceprinciple: education in comes research.through high-quality D Analytics Lab(DCAL) Data Centreand Management Bangalorerepresents (IIMB) the institute’s guiding ata Centre Analyticsat theInstitute Lab(DCAL)Indian of Annual Report 2019–2020 XII Data Centre and Analytics Lab (DCAL)

XII-A Research and Consulting Projects

XII-A1 NetServ – Airport Analytics & Vehicle Maintenance Retention

Project objective:

• Determine whether a particular service is a brake service or not based on the customer comments and technician comments.

• Identify the factors which lead to brake services and understand the impact of the city and climate on it.

• Identify the cases where the customer has not asked for the brake services but we can recommend it to him/her based on the other services he has asked for.

• Recommendation engine for brake service.

XII-A2 Master Consult

Project objective:

• Text analysis of the conversation with the specialist and connecting doctor

• Qualitative analysis to assess the impact of the conversation on the session ratings by both parties and the knowledge transfer.

• Visualization of the relationship between speaker rating and other variables of interest.

XII-A3 Dreams 11 - Fantasy Sports: A Game of Skill or Chance

Project objectives:

Fantasy sports is the fastest growing online gaming industry worth several billion dollars. An important debate associated with fantasy sports across the world is whether it is a game of skill or chance. Unclear and vague online gaming laws always pose a threat to fantasy sports companies of getting into legal battles. This project employed statistical hypothesis techniques to test this dilemma of skill vs. chance using the dominant factor test, whether skill or chance is a dominant factor in winning or losing in these online sports. Using the data of one of the biggest fantasy sports company and applying appropriate analytical tests, this dilemma was tested in a structured and data driven way. The study revealed that skilled participants select

players based on playing conditions, player’s strength, past performance against a specific that playing more regularly or practising improves the chances of winning in a skill dominant opponent, injury information and so on. Another finding was that the learning effect states game but has no effect in games dominated by chance. Data Centre and Analytics Lab (DCAL) and Analytics Data Centre

167 Data Centre and Analytics Lab (DCAL) Research andPublications XII-A7 XII-A6 Avyantra XII-A5 XII-A4 168

Pomegranate, aperennial crop hasthetendency tofruits bearsmallirregularlydifferent at on the Bahar he has chosen for cultivation andthedate of throughoutplanting, thelengthof the for designed application mobile The Jayalakshmi Agro Tech provides every farmer theorder profits. ofactivities heneedsto perform based maximizing for recommended is Treatment periods of theyear, which maybe desirable not commercially. To streamlinethis, Bahar Project objectiv CavinKar Project Objectiv Application Jayalakshmi Agro Tech –DesignofaPomegranate Crop CalendarforaMobile to convey thegrape advisory to thefarmers. collaborationwith KSNMDC, whichintegratedbe will centertheir call with in order application farmers on thedisease condition aswellas suggestappropriate actions.This project isdonein crop. This project aimsto usethe15-minute weatheravailable data with KSNMDC to advise the the farmers, leading to high costfor thefarmers as wellas large of pesticides amountinthe conditions can leadto disease inthecrop, which in turnleadsto panicpesticide spraying by farmers. It is knowngrape that is a very weather sensitive crop andslight changeinweather Weather availabledata withKSNMDC is used to create agrape advisory model for grape Project Objectiv for Grape Farmers State Karnataka NaturalDisaster Monitoring Centre –Weather-basedGrape Advisory reduce mortalitydueto antibioticresistance. administeredreducinghelp This antibiotics.will resistance antibiotic further and inbabies administration of antibiotics inbabies.Only babieswithhigh probabilityof sepsisbe will beforebabies thebloodculture report isreceived. Thishelppreventingwill unnecessary project aimsto identify key factors which help inassessing the probabilityof sepsis inneonatal this project isto developpredictive scoring foralgorithm earlysepsis neonatal detection. This sepsis Neonatal is Project Objectiv etc. of shops totime pershop,typeofproducts, thesalespeoplebasedontypeofsales,location, routes based constraints.on multiple ThishelpCavinKarewill to ensure optimized distribution find to model a with up come to data beat sales past involvedprojectusing This distributors. CavinKare. The current routefor planning thesalespersonsanddone all ismanualby the This project involves developingoptimization modelfor forplanning beat thesalesforce of

e -Route BeatPlanning OptimizationandSales Healthcare

es: es: e: e: one of the leadingcausesinIndia.The of mortality mainobjectiveneonatal of

– Annual Report 2019–2020

Prediction

Neonatal

Sepsis

Using

Machine

Learning

Algorithms XII Data Centre and Analytics Lab (DCAL)

crop. This application is a Crop Calendar which will prompt the user with all the activities he needs to do for every day of the calendar along with the status as done/not done.

XII-H Conferences/Workshops Organized by DCAL

XII-H1 Analytics Symposium June 21-22, 2019 - more than 100 paid participants from the industry attended the event

XII-H2 A six-day Faculty Development Programme on Machine Learning with Business Applications, May 2019 – 82 faculty members from 58 institutions across the country participated in the FDP.

XII-H3 A two-day workshop on Machine Learning using Python, June 2019 – 28 working professionals

XII-H4 fromA two-day various workshop corporate on and Deep academic Learning, organisations June 2019 benefitted– 24 working from professionals the workshop. from various

XII-H5 corporate and academic organisations benefitted from the workshop. attended the masterclass. A half-day Masterclass on Demystifying Artificial Intelligence, July 2019 – 50+ participants XII-H6 A two-day workshop on Machine Learning using Python, August 2019 – 33 working professionals

XII-H7 fromA six-day various Faculty corporate Development and academic Programme organisations on Machine benefitted Learning from with the Business workshop. Applications, November 2019 – 31 faculty members from 23 institutions across the country participated in the FDP.

XII-H8 A two-day workshop on Machine Learning using Python, December 2019 – 32 working

workshop. professionals from various corporate and academic organisations benefitted from the XII-H9 A two-day workshop on Deep Learning, December 2019 – 22 working professionals from

XII-H10 variousA two-day corporate Management and academic Development organisations Programme benefitted on Natural from Language the workshop. Processing, December 2019 – 22 participants from industry and academia from 16 organisations participated in the MDP.

XII-H11 A two-day workshop on Machine Learning using Python, February 2020 – 26 working

workshop. professionals from various corporate and academic organisations benefitted from the XII-H12 A half-day Datathon workshop was organised in collaboration with Women in Data Science (WiDS), an initiative of Stanford University, 1 February 2020. 110 participants understood directions on how to write codes and use correct methodology/approaches. The challenge

survival. was to create a model that uses data from the first 24 hours of intensive care to predict patient Data Centre and Analytics Lab (DCAL) and Analytics Data Centre

169 Data Centre and Analytics Lab (DCAL) Research andPublications XII-H15 XII-H14 XII-H13 170

• • • • • • • • • • • • • • • h eet a a opruiy o ae e fins fn nw esetvs n tk away take and perspectives new find friends, new make to opportunity an was event The them to take data-baseddecisions. the conference istotothe participants enable share knowledge, gain insights andempower of aim the Intelligence, Artificial and Learning Machine Data, Big Analytics, on focus its With for solving domainandsector specificproblems. of Analyticsin variousData andBig disciplinesandhowof management they areused being academicians andpractitioners. This conferenceplatformapt isan to understandapplications during 5-7December 2019. The BAI conference is one of the mostprestigious gatherings for invited speaker talks which includedthefollowing. Over 400 professionals from the analytics domain participated in the event. The event had 15+ innovative solutionto introduce into everyday work. 7 from various corporate andacademicorganisations benefitted from theworkshop. A two-day workshop onMachineLearning using Python,March 2020 – 22 working professionals attended themasterclass. participants 20+ – 2020 March Intelligence, DemystifyingArtificial on Masterclass half-day A The 7 2019 th International Conference Analytics onBusiness and Intelligence, December5-7, Shriguru Nayak, SeniorAnalyst, Sabre Airline Solutions Sharada Sringeswara, Research IndianInstitute ofManagement Bangalore Consultant, Shailaja Grover, IndianInstitute ofManagementBangalore Consultant, Rajagopal Srinivasan, Pulak Ghosh, Payeli Ghosh,Founder &Partner, Jiffy Nitin Sareen, Head,Aditya Birla ManagementCorporation PvtLtd Manoj Kumar Tiwari, Director, NITIE Mumbai Maneesh Bhandari,Cognitive andAnalytics leader, IBMCognitive Process Services Mahesh Calavai, ChiefData&Analytics Officer, TVS Motor Group Kiran R,SeniorDirector, VMware John Kiran, Sabre Travel PrincipalDataScientist, Technologies IndiaPvtLtd Amardeep Sibia, Aman Goswami, AbdulMajedRaja, Cisco DataScientist, th International Conference on Business Analytics and Intelligence (ICBAI) was conducted Professor, IndianInstitute ofManagementBangalore Sr. Bain&Company DataScientist, Specialist, Founder &CEO–Drishya.ai Annual Report 2019–2020 Senior Data Scientist, Cisco Senior DataScientist,

XII Data Centre and Analytics Lab (DCAL)

• U Dinesh Kumar, Professor, Indian Institute of Management Bangalore

• Usha Seetharaman, Senior Engineering Manager, Linkedin

• Teresa Jacobs, Executive Director, International Skill Development Corporation, UK

• Vikas Gupta, Managing Director, Wiley India

• Venkatesan Sukumaran, Head, TATA Consultancy Services

The three-day conference included plenary sessions, invited talks, quiz and paper presentations focusing on the application of Business Analytics, Big Data Analytics, Machine Learning and

ArtificialThe conference Intelligence also included across domains. a Panel discussion on AI First – Opportunity and Challenges.

There were two parallel two-day workshops on –

• Machine Learning using Pythion - 32 working professionals from various corporate and

• academicDeep Learning organisations - 32 working benefitted professionals from the workshop from various corporate and academic

The organisationsconference had benefitted the support from ofthe man workshopy sponsors including Aditya Birla Group, Analytics Society of India, Cisco, Drishya.ai, Institute of Analytics (IoA) UK, International Skill Development Corporation, Jiffy, LinkedIn, Operational Research Society of India, SABRE, Tata Consultancy Service and Wiley among others.

XII-H16 Second National Conference on “Machine Learning and Artificial Intelligence”, August 26-27, 2019

As part of DCAL’s initiative to spread awareness about Data Science in Tier-II cities of India, DCAL mentored the hosting and organising of Second National Conference on “Machine held at Coimbatore Institute of Technology from 26-27 August 2019. The conference provided an opportunity to understand applications of ML and Learning and Artificial Intelligence”

Media and other relevant domains and how they are being used for solving domain and sector AI in the fields of Textiles and Engineering, Healthcare and Agriculture, Business and Social

masterclass and paper presentations focusing on the application of Machine Learning and specific problems. The two-day conference includes plenary sessions, invited talks, quiz,

• Artificial Intelligence in all fields of analytics. institutions Participation by more than 200 professionals from 50+ corporates and academic • 7 invited speakers

• 4 conference tracks

• 33 paper presentations

• 100 authors and co-authors from both academia and industry Lab (DCAL) and Analytics Data Centre

171 Data Centre and Analytics Lab (DCAL) Research andPublications Topic: XII-H18 Research AIDay Third XII-H17 172 • • • • • others. India, BlackRock,Infoedge IBM, India, MastercCard, Protivity,among and StatLabs Qualcomm The conference hadthesupportofman Artificial Intelligence inallfieldsofanalytics. presentationsdiscussion paper and focusing Learning and of Machine application the on February 2020. Theone-day conferencesessions, includedplenaryinvited talks, quiz,panel 1 on Delhi Management, of Institute Shastri Bahadur Lal at held Intelligence” Artificial and DCAL mentored thehostingandorganising ofThirdConference National Learning on“Machine of DCAL’sAs part initiative to spread awarenessScience inTier-IIcitiesofIndia, Data about 1, 2020 Research SocietyofIndiaamongothers. Barclays,InstituteBusiness, Indian CognizantDigital ofScienceBangaloreOperational and The conference had the support of many sponsors including Analytics Society of India, • • participants 300+ world. today’s in advancing benefitted from is theevent. Theevent had15+invited speaker talks which included AI that ways myriad the explored who AI. are influenced by it would find the programme useful in understanding the latest in the area of Academic Faculty/Staff,Industry practitioners Scientists whoData and developand or useAI Government,etc.Dangers ofData, We Students, Community - AI segments ofthe all hopethat & Retail,& Fashion, AI Adversarial: EthicsAI AI, &Responsible& Privacy, Use,AI & Policy/ AI to doresearchof AIsuchas&Law,and applications inAI, AI&Health,Education, AI on 29June2019. The programme aimedto showcase thecurrent trends whatin AI, it takes Intelligence Artificial exclusiveUsable an on organised summit IBM with association in DCAL The ev Niloy Ganguly, Professor, Indian Institute ofTechnology Kharagpur Mausam, 56 authorsandco-authorsfrom bothacademiaandindustry 23 paperpresentations 4 conference tracks 8 invited speakers Participation by more than 60 professionals from 25+ corporates and academic institutions

National ent includedastellarof line-up speakers and presenters from academiaandindustry Usable Associate Professor, Indian Institute ofTechnology Delhi

Artificial

Conferenc Annual Report 2019–2020

Intelligence e

“Machine

y sponsorsAccenture, including Analytics Societyof

Learning

and

Artificial

Intelligence” ,

February

XII Data Centre and Analytics Lab (DCAL)

• Partha Pratim Talukdar, Assistant Professor, Indian Institute of Science Bangalore

• Ramshanker Kowta, IBM

• Seema Chopra, Associate Technical Fellow, Boeing

• U Dinesh Kumar, Professor, Indian Institute of Management Bangalore

• Vikram Goyal, Associate Professor, Indraprastha Institute of Information Technology, Delhi

The event also had parallel programmes:

Demo/Poster Competition: Demos and posters from a spectrum of AI practitioners to present their latest development in “usable AI”. Demos/posters can include algorithms, applications of the AI, deployment models and issues, etc.

Survey: Data scientists (model developers, data stewards, AI practitioners, AI dev Ops, AI deployment and/or others of AI ecosystem) participated in this survey to help us understand

the model in terms of expressing its capabilities in a simple documentation. how to make the AI model “Usable”. The first key thing for “Usability” is the preparedness of Maitreyee: Maitreyee is IBM Research-India’s annual women outreach programmed that was organised along with AI Day. The goal of the event was to provide a platform for computer science women researchers from academia and industry to collaborate, learn and network with each other. The session also provided an opportunity to share best practices among industry and academia and enabled discussions on how women can grow in their technical careers. We had a limited number of free registrations and we invited women students who were pursuing their Master’s or doctoral programmes to apply for the event. Exceptional undergraduate students were also considered.

Book Launch

XII-H19 Topic: Machine Learning Using Python

This book is written to provide a strong foundation in Machine Learning using Python libraries by providing real-life case studies and examples. It covers topics such as Foundations of Machine Learning, Introduction to Python, Descriptive Analytics, Predictive Analytics, and Prescriptive Analytics. Advanced Machine Learning concepts such as decision tree learning, random forest, boosting, recommender systems, and text analytics are also covered. The book takes a balanced approach between theoretical understanding and practical applications. All the topics include real-world examples and provide step-by-step approach on how to explore, build, evaluate, and optimize machine learning models. The book is enriched with more than 15 years teaching experience of its authors in various programmes at Indian Institute of Management, Bangalore and various training programmes conducted for leading corporates across industries.

The book was authored by Prof. Dinesh Kumar and Manaranjan Pradhan. Lab (DCAL) and Analytics Data Centre

173 Data Centre and Analytics Lab (DCAL) Research andPublications XII-J3 XII-J2 XII-J1 174 XII-J

IIMB Case Studies CaseStudies IIMB Lead Generation atEureka Forbes UsingMachineLearningAlgorithms. Nandini Seth,Manupriy at VHSBloodBank. Aayushi Kalra,Grover Shailaja and UDinesh Kumar Chance. U Dinesh KumarGrover, Shailaja and Sharada Sringeswara, Fantasy Sports: A Gameofor Skill Annual Report 2019–2020 @ Harvard Publishing Business a Agrawal,a Manaranjan Pradhan and , Supply Chain Analytics toBlood Manage

U Dinesh U Kumar, Improving XII Data Centre and Analytics Lab (DCAL)

Supply Chain XIII Management Centre (SCMC)

upply Chain Management Centre (SCMC) is a strategic multi- S disciplinary Centre of Excellence within IIMB dedicated towards carrying out specialized theoretical and applied research on Sully chain management and to promote closer and enduring industry– institute collaboration.

Objectives of the Centre, Faculty support & Organization:

We continue to strive towards consistently achieving the vision, mission and mandate set for the Centre, as one of the Centres of Excellence at IIMB.

Vision: To be a globally recognized Centre for Supply Chain Management dedicated to the creation and dissemination of new knowledge.

Mission: To bring together Supply Chain Management practitioners from leading industry organisations and IIMB Academia for identifying, documenting, researching, developing, and disseminating best practices. Supply Chain Management Centre (SCMC) Lab (DCAL) and Analytics Centre Chain Management DataSupply Centre

175 Supply Chain Management Centre (SCMC) XIII-B7 XIII-B6 XIII-B5 XIII-B4 XIII-B3 XIII-B2 XIII-B1 XIII-B 2019-20 andthearea-wise distributionisappended: Twenty-seven facultymembers from different areaswere within IIMB associated with theCentre during Mandate: Research andPublications Sl. No. XIII-H 176 • • • • •

Articles in Academic in Articles Journals

Production &Operations Management(11) Assist organisations to achieve bestpractices andperformance. Train practising executives to develop future industryleaders. Interaction between industryandacademia Research activity contributing significantly to theoryandpractice. Mahajan, Siddharth Krishna and Sundar , Mahajan, Siddharth Hazra, Jishnu Tarun Jainand Swaminathan Jayashankar M Jishnu and Tarun Jain,Hazra, Hazra, Jishnu Tarun Jainand Hazra, Jishnu Tarun Jainand Hazra, Jishnu Prakash Awasthy and Seminars/Conferences/Corporate Partner Relations/Visitors/ Conference/ Projects toCentre SCM Authors , D Annual Report 2019–2020 Lognormal ServiceTimes Nonstationary Arrivals and in CallCenters with Determining Trunk Lines Risk SharingMechanisms On Supply ChainContracts as Cloud Computing Capacity Managementin “On-demand” Pricingand Supply Buyer underConstrained Strategies by aDominant Excess Procurement Outsourcing Competition Investments UnderIT Vendor’s Strategic Investment Strategies Hybrid CloudComputing Collaboration through Buyer–Supplier Improving Workplace Safety Responsible Sourcing by Title ofPaper Information Systems Management and of Operations American Journal Systems Engineering of Industrialand International Journal Management and Pricing Journal ofRevenue Logistics Naval Research ScienceService Management & Operations Production Operational Research European Journalof Name ofJournal 2019, Pg. 71-79 September Vol. 4(3), Pg. 170-183 2019, Vol. 32(2), Pg. 228-246 June 2019, Vol. 18(3), Pg. 272-280 April 2019, Vol. 66(3), Pg. 16-39 March 2019, Vol. 11(1), Pg. 1272-1284 May 2019, Vol. 28(5), Pg. 155-164 April 2019, Vol. 274(1), Publication Details of

XIII Supply Chain Management Centre (SCMC)

• Decision Sciences (8) • Marketing (3) • Public Policy (2) • Strategy (1) • Finance & Accounts (1) • Economics & Social Sciences (1)

Appended are a few details on the new sponsor Intel Corporation USA.

• Intel Corporation USA was inducted as Corporate sponsor of SCMC, effective January 2020

• Intel Corporation, an American multinational company is the world’s second largest

worldwide. Intel is ranked 46 in the 2018 Fortune 500 list of the largest United States semiconductor chip manufacturer, with revenues of more than US$ 70B+ and 100K+ employees corporations by total revenue.

• Intel’s Global Supply Chain plays a critical role in enabling Intel’s products and solutions by being agile, responsive, smart and customer obsessed.

• Dr. Mani Janakiram, Sr. Director Global Supply Chain is the nominee on the Advisory Council, with tenure of 20 years at Intel Corporation as well as stints at other multinationals.

Activities of the Centre:

Best Practices Meet was organised on May 17 where Prof Gopal Naik Dean (Faculty) delivered the keynote address. Session speakers comprised business leaders from Walmart Labs, Dell • Technologies, BPCL, TVS SCS, Manhattan Associates and HPCL.

Panel discussion on ‘Contours of a Logistics Policy in India’ was held at IIMB on August 23 as part of the XIV CPP Annual conference, which was very informative and interactive. • - Panel comprised industry practitioners in leadership roles from CONCOR, RIVIGO, JBS Group and Prof. Jitamitra Desai, Chairperson-SCMC from Decision Sciences Area

- Keynote address was delivered by N Sivasailam, Special Secretary, Logistics, Department of Commerce GOI, on the salient features of the proposed Logistics Policy for India

- Panel was moderated by Prof. G Raghuram, Director IIMB Workshop to ‘Explore cost-reduction strategies for Electric Vehicle batteries’ at IIMB on September 3, 2019, co-hosted with ICRIER and spearheaded by Prof. Haritha Saranga from • P&OM area, was well attended by industry practitioners from the auto sector.

CII Institute of Quality EXIM Award for Business Excellence, Winners Conference was hosted on February 11. The 2019 winner Godrej & Boyce – Appliances Division presented their journey to • the award. There was good representation from Corporate Members of CII.

Supply Chain Startup Solutions (S³) inaugural Conference on February 14 was jointly organized by SCMC & NSRCEL and it set the platform for corporate organisations to engage with startups • Supply Chain Management Centre (SCMC) Centre Chain Management Supply

177 Supply Chain Management Centre (SCMC) Research andPublications 4) 3) 2) 1) Ongoing Actions attheCentre for2020-2021 CCS Projects Sponsored by Organizations through theCentre: 178

------due to theCovid-19 pandemic/country-wide lockdown.We hopeto revive thiseventduring 2020-21 SupplyIndia 2020, to Chainchallenge Supply unlock for Chaintalent Business Advantage,postponed TVS SCS endowed LogisticsChair TVS SCS MOOCs(SCMmodules) Corporate sponsorshipannualfee revision SCMC planned to hostonThursday@ IIMB April09, 2020 the inauguralAdvanchainge & CSCMP • • • • • • •

Learning) onFebruary 14to expedite thecreation ofcustomised MOOCs(SCMModule) Feedback awaited to move forward Follow-up telecon donewithDy. MD(Ravichandran) onJanuary31 Proposal sentby Chairperson to Dy. MD(Ravichandran) onJanuary10 Dr. (Head Sabesan Knowledgemet Prof. Management) Progress callseffective between Dy. January’2020 MD(Ravichandran) &Chairperson BPCL corporate sponsorshipannualf Chairperson to draft anappr Proposed hike to Rs. 800,000(Local)/US$15,000(Overseas) being assessed.Theduration is2-3months. Auto, Electronics, Steel coils,Cement&Fertilizer) for DPWorldConsulting/CCSas a project is Economic Research on ‘Cost of Logistics’ across 6 industry sectors (Agri-commodities, Pharma, and 2have beencarriedforward to Term 5&EPGP-2020-21 18 CCS projects are received in 2020 by theCentre andassigned to PGPClass2019-21 (Term 4) were presented by respective studentgroups to Dean(Faculty) andAdvisory Council. The inauguralSCMC ‘Research Day’was organised 8,duringwhich onJanuary 7CCSprojects completed successfully by PGPClass2018-20(Term 4&5)andEPGPClass2019-20 19 CCSprojects receivedCentre2019 the inat sponsored by various organisationswere Centre ofExcellence (CoE)hasbeenkept onholdby them Assessment Capability of Robert Bosch Engineering & Business Solutions (RBEBS)to set upa converted to aCCS project in2020. Sourcing Excellence Assessment for Titan Company Ltd. Watch &Jewellery Division was and End-year onApril3,2020(cancelleddueto Covid-19 pandemic/country-wide lockdown) Two Advisory Council meetingswereduring 2019-20. plannedMid-year onOctober 28,2019 Annual Report 2019–2020 opriate communication anddecideonthetimingofrelease ee for 2019isawaited, despite repeated reminders. Vasanthi Srinivasan (Chairperson-Digital XIII Supply Chain Management Centre (SCMC)

Contemporary Concern Study (CCS) Projects Completed: 2019

Sl. No. Abbreviated Description of Topic Company 1 Integrated Logistics Model for SCM at APMC ReMSL 2 Determine Product Life Cycle Stage of Current Product Portfolio Titan 3 First Mile Cluster and Wave Modelling Flipkart 4 Inland Water Transport for LPG in India HPCL 5 Daily HSD Rate Variation Impact on Transportation & Logistics sector ShipX 6 Demand Sensing & Inventory Optimization - Retail & Manufacturing HCL Tech 7 Post GST Distribution Rationalization Titan 8 Impact of GST on Petroleum Products (MS & HSD) HPCL 9 Biodiesel Plant - Case study HPCL 10 Warehousing in E-commerce Flipkart 11 MSME Auto Component Sector in India Bosch 12 Mapping of Manufacturing Data Flow to Achieve Optimal Process TKAP 13 Development of Gender Diversity and Inclusion Policy TKAP 14 Streamlining of Passenger Movement at Kempegowda Interchange BMRCL Metro Station 15 Impact Assessment Analysis on Commodity Prices Post UMP ReMSL Implementation 16 Quantity & Price Variance Analysis under Different Price Discovery ReMSL Mechanisms 17 Establish a Logistics Driven Manufacturing with Digitalization Bosch 18 ReMSL Commodities, Case study Unified Market Platform (UMP) Data Analysis for Agricultural 19 Review Current Challenges and Propose a Road Map for the Way SmallBagDelivery. Forward, Case study com

Contemporary Concern Study (CCS) Projects in Progress: 2020

Sl. No. Abbreviated Description of Topic Company 1 Sourcing excellence assessment for Watches & Accessories division Titan 2 B2B fashion supply chain in India - current state & white spaces Flipkart 3 Prognostics and health management in industrial applications Honeywell 4 To develop a Connected Supply Chain between demand and supply for an Bosch

unsatisfied customer Supply Chain Management Centre (SCMC) Centre Chain Management Supply

179 Supply Chain Management Centre (SCMC) Research andPublications XIII-J4 XIII-J3 XIII-J1 XIII-J2 180 XIII-J Sl. No. 15 & 20 19 18 17 16 14 13 12 11 10 9 8 7 6 5

HR competency mapping Supply chaincontrol tower -benefits&usage Warehouse solution modellingandtemplatization for 3PLbusiness leading to waste elimination production system. Improve suppliervalue stream by applying leantools Learn to see, observe, andaugmentmeasures for aglobal auto component handle theB2Cmodelfor residential solarrooftops &solarpumps Capability assessmentoftheSCMorganization currently inB2Bmodelto also High-tech electronics manufacturing ecosystem analysis 3PL Market entrystrategy for bulkchemicalsandpharmasegments Connected machines inMSMEfor amaximumefficiency Develop adigitalizedintegrated supply chainfor theauto componentsector of settingupandoperating astand-alonedistilleryfor producing Ethanol Making bio-fuelsprofitable withcurrent ethanolpolicyandprofitability study Streamlining ofsupply chaininlubesbusinessfor anoil&gas company How Zilingo cracked theB2Bfashion market inSouthEastAsia aggregator Develop abusinessmodelandestablishthe supply chainfor anorganic food and white spaces Working capitalloansfor grocery andfashion kiranas inIndia-Current state company (specific) Study oflabourproductivity for theauto sector inIndia(general) andfor the Planning for aMega Kitchen Kiranand AnshumanTripathyK Akshaya, Patra Vrindavan: Operations Resourcesand Transition. Anshuman Tripathy andArijitGhosh, Biocon Research: Preparing for the Bio-Pharmaceutical SarangaHaritha , Will ItEmerge asaDominantDesigninIndia? Anshuman Tripathy, Nitish Kumar andMedhaSravani Boddeda, PaytmPayments: Mobile IIMB Case Studies @ Har IIMB CaseStudies

Tele-Ophthalmologyto– Is thistheSolution India’s RuralEye Care Problem? Abbreviated DescriptionofTopic Annual Report 2019–2020 vard Publishing Business TKAP HCL Tech TVS SCS Bosch Solar Tata Power Intel Corp TVS SCS Bosch TKAP HPCL HPCL Flipkart Adi Naturals Flipkart TKAP Company XIV Centre for Teaching and Learning (CTL)

Centre for Teaching XIV and Learning (CTL)

IMB launched its Centre for Teaching and Learning (CTL) on I January 15, 2018. The center aims to understand evolving best practices of teaching and learning and disseminate such understanding for increasing teaching effectiveness.

The Centre for Teaching and Learning (CTL) was established in 2017 with the following objectives:

• Conduct research on innovation pertaining to teaching / pedagogy

• Facilitate the development of teaching content

• Evolve measures to evaluate teaching performance and learning

• Provide teaching inputs to faculty members and doctoral students

activities reached a diverse audience. These included: CTL organized several activities of pedagogic significance between 2019 and 2020. The impact of these • New Faculty Teaching Workshop conducted from April 01-04, 2019 for IIMB faculty.

• CTL in collaboration with Executive Education Programme also conducted a “Quality Improvement and Capacity Building” Programme for Members of Association of Indian Management Schools from April 22-24, 2019.

• Teaching Workshop, conducted from January 02-04, 2020, for doctoral students. 17 external participants attended the workshop. They were from IIM Ahmedabad, IIM Kozhikode, IIM Lucknow, IIIM Calcutta, IIM Indore, IIM Tiruchirappalli, ISB, IIT Madras and Christ University, Bangalore.

• Teaching Workshop, conducted from January 13-15, 2020, for doctoral students of IIM Bangalore in their 5th year of PhD. 17 participants attended the workshop.

• Prof. Sourav Mukherji, Chairperson CTL, conducted a day-long case teaching workshop for faculty members of National Police Academy at Hyderabad on December 14, 2019.

During this year, the Centre for Development of Cases and Teaching Aids came under the fold of CTL. As a result, CTL started managing the Harvard Case submission process:

• Twenty-three cases were submitted to CTL for review of which 20 passed successfully through the review process and all are (or in the process of) being published by HBP. Centre for Teaching and Learning (CTL) (CTL) Learning Learning and and Teaching Teaching for for Centre

181 Centre for Teaching and Learning (CTL) Research andPublications 182 • • • as follows: section and a‘student’section. A listof It hasarticlespublishedonResourcea ‘faculty’ Centre is to work withadultslearningdisabilities. stakeholdershelp This documentwill understand varioushowdisabilities and typesoflearning creatinga documentonlearningandstudy strategies tolearning disabilities. guidestudentswith Some ofIIMB’sblockbuster caseswithhalf-yearly salesofmore than1000copiesare asfollows indicates thatover 75000 copies ofourcaseswere soldworldwide. institutions inIndiaandabroad.management Our January-December 2019 Harvard Sales report Cases written byfaculty IIMB and publishedatHBP for Educators continue to beused by CTL has added a ‘Resource Centre’ to itswebsite to house thecontent developed by theCentre. Dr. Chitra Andrade, Manager of CTL was engaged with IIMB’s Office of Disability Services (ODS) in CTL also created asummary‘Style Guideline’documentandincreased of reviewers.the database authors. CTL is working to streamlineand automate theprocess of royaltydisbursement case- among also behelpingtheCentre with creating digitalcontent for IIMB. Two casewriters have beenhired recently to helpProfessors with writingcases. The writers will *Many ofthesecaseshave othernon-IIMBauthors Students • • • • • • Volkswagen inIndia Shodh Market Research for Economy Housing Procter andGambleIndia ITC Limited Customer Analytics atBigbasket Saffola Journey Demand Forecasting atidFresh Foods Peer Learning Learning Styles: MythBusted Students withLearningDisabilities Learning andStudy Strategies for Effective LearninginVirtualClassrooms Prof. GaneshNPrabhu Case MethodinManagementby Truth The CaseMethod:AFun-damental Annual Report 2019–2020 Case Name Faculty • • • • • Learning Disabilities:ANote for Tutors Cases publishedby HBPE Making ZoomSecure Teaching inaVirtualClassroom by Prof. GaneshNPrabhu Generalizability inQualitative Research Teaching theScopeandLimitsof Seema Gupta Avinash Mulky Seema Gupta Abhoy Ojha Dinesh Kumar Srinivas Prakhya Dinesh Kumar IIMB Author (s)* XV Israel Centre (IC)

XV Israel Centre (IC)

ndia-Israel economic relationships are based on a fundamental complementarity. I Israel offers a vibrant technology-based innovation and entrepreneurship ecosystem. India seeks to gain from this because of its strong aspirational entrepreneurial spirit. India offers a large market with innovative opportunities for penetration. Israel seeks to gain from this because of its strong aspiration for market scale-up.

Given the nature of complementarity, the essence of the India-Israel business relationship will be boosted by a deeper appreciation of the strengths and weaknesses of the two sides, and the judicious and contextually intelligent structuring of collaboration.

With an increase in business collaboration between India and Israel, some areas of opportunity, which need deeper academic and managerial involvement, are emerging. These include agrifood-tech, digital health, fin tech, Industry 4.0, mobile and telecom, and water and energy. This provides the scope for collaborations amongst academic institutions between the two countries.

It is in this context that IIMB set up the Israel Centre, which was inaugurated on November 05, 2017 by His Excellency Daniel Carmon, Ambassador of Israel in India. Professor Abhoy K Ojha is Chair of the centre. The Executive Committee members include Abhoy K Ojha, Professor, Organizational Behavior & Human Resources Management; Anshuman Tripathy, Associate Professor, Production & Operations Management; Ashok Thampy, Professor, Finance & Accounting; Avinash G Mulky, Professor, Marketing; Gadi Ariav, Associate Professor of Technology and IS Management, Tel Aviv University; P D Jose, Professor, Strategy; K Kumar, Professor, Entrepreneurship; Rishikesha T Krishnan, Professor, Strategy; Sai Yayavaram, Professor, Strategy; Sourav Mukherji, Professor, Organizational Behavior & Human Resources Management; Srivardhini K Jha, Associate Professor, Entrepreneurship, and Suresh Bhagavatula, Associate Professor, Entrepreneurship.

The Advisory Board comprises Ajay Nanavati, a seasoned global executive with more than 35 years of multi-country, cross-functional experience; Avnish Sabharwal, Managing Director, Accenture Ventures and Open Innovation, India, and Nivruti Rai, Vice President in the Data Center Group (DCG) and Country Head of Intel India at Intel Corporation. Israel Centre (IC) (IC) Centre Centre Israel

183 Israel Centre (IC) Research andPublications IIMB, willhelpfulfilthetalentandpotential ofboththesidesto thefullest. havensand forecosystems start-up research. and Thiscentre, dedicated to Israelon thepremises of Israeland thestate ofKarnataka,particularly of Bangalore, thecity arefor hubs creativityinnovation, and areIIMB strengthening aimedatstimulating, andsustainingIndo-Israeli academic-business interactions. exchange programmes withIsraeli institutes of higher learning. Focused activities of the Israel Centre at wasIIMB ideally positioned to startanIsrael Centre, withongoingacademiccollaborations andstudent business withanobjective to create aninformed cadre ofmanagers,entrepreneurs andscholars. institutes,management to create, share and disseminate knowledge intherelevant areas of Indo-Israeli There are onlyinitiatives nascent academic institutes, inIndiaamong andparticularly nonein 184 Mission ofIsraelMission Centre Role Israel of Centre Israel-centric Work atIIMB • • • • • • • • To helpIsraeli/Indianbusiness communitiesintegrateIndian/Israeli with business environment Israel-centric teachingparticularlyIIMB, at thecourse ‘DevelopingTechnology Partnerships community andstudents business strategyhistory, and government policiesandculture, byscholars, business uniting innovation, technology of fields the in interactions Indo-Israeli on research for hub a as Toact involves live projects thatrequire studentsto spendtimeinIsrael. between IndianandIsraeli Firms’, is jointly taught by faculty fromand CollerSchoolandIIMB, Technion studentsto take courses,duringspecificweeks, inthenetwork’s schools. Technion is part ofNetworkthe Global for Advanced which allows Management, and IIMB Post Graduate Programme inEnterprise Management(PGPEM)students. The Coller SchoolalsohasanInternationalExchange Week which fromhas participation the from thePost Graduate Programme inManagement(PGP)students exchangehas an IIMB relationship TAU at Coller SchoolofManagement with has participation that IIMB for research seminars andconferences Faculty haveat IIMB been involved in Israel-related research; scholars from Israel have visited in thelastfour years. programmes with leadingIsraeli academic institutions, especially withTel Aviv University (TAU) has IIMB years of ongoing academic programmes, research collaborations andstudentexchange Annual Report 2019–2020 XV Israel Centre (IC)

Objectives

To become a knowledge centre of Israeli technology innovations, business strategy and history, and culture • To nurture ongoing relationships with centres of Indian studies in higher education institutions in Israel • Public service (making available the results of academic research/teaching on the centre’s focus areas to the public and private sectors of India and Israel through various initiatives) •

Proposed Activities

• EnhanceSupport exchangethe course, programmes Developing between Technology Israel Partnerships and IIMB between Indian and Israeli firms

• including course on management of innovation • Create specific Executive Education courses for Indian and Israeli management personnel, Host international seminars, workshops and conferences on Israel-India centric business themes, and government and foreign policies • Develop research and case studies of Indo-Israeli projects and businesses

• Nurture the entrepreneurial spirit by creating training programmes for stakeholders of the start-up ecosystem: • o in Bangalore and India for technology-based innovation

o in Israel for market scale-up

Activities in 2019–2020

• Israel Centre and Research & Publications hosted a seminar on August 30, 2019 by Tomer Broude, from Hebrew University of Jerusalem. Title: Once Bitten, Twice Shy? Investment Disputes, State Sovereignty and Change in Treaty Design

• The centre offered elective course “Developing Partnerships between enterprises in India and Israel (DPEII) 2019” to Term 4 students. This year, the students from PGP & PGPEM registered for the programme. Prof. Sourav Mukherji and Prof. Srivadhini Jha were the Programme Directors along with our Israeli Counterpart Prof. Gad Ariav from Coller School of Management, Tel Aviv University (TAU). Prof. Srivardhini K Jha invited two guest speakers from the Israeli company called Jfrog. This company entered India by acquiring the DevOps intelligence platform CloudMunch

• The centre offered the executive development programme on, “Developing Technology Partnerships

between firms in India and Israel DTPII-X 2019”, participants from industry, mainly from mid-size (IC) Centre Israel firms and start-ups visited Coller School, Tel Aviv University; this course was jointly offered by IIMB

185 Israel Centre (IC) Research andPublications • • 186 and interacted withmembersoftheaudience. Boette, ConsulGeneralof Germany shared some of their comments ontheoccasion and themovie Nicole Girard, ConsulGeneralof Canada, on of Canada, organized an event to commemorate Israel Centre incollaboration@ IIMB, withtheConsulate General of Israel Bar-Ilan University. Title:TheIsraeli Collective MemoryofIsrael-Arab/Palestine Conflict Israel Centre and Research & Publications hosted a talk on October 11, 2019 by Dr. Rafi Netz-Zehngut, and Prof. GadAriav from CollerSchool. programme. Theprogramme was handledby Prof. AbhoyOjha andProf. K. SaiYayavaram from IIMB and CollerSchool. Alsothisyear, NSRCEL shortlisted few incubates from theWSPTeam for the January 27, 2020. January Atthe event, movieshort Canadian a “ Annual Report 2019–2020

Dana Kursh, Dana ConsulGener

International HolocaustRemembrance Day The Good Nazi The al of Israel,al and ” was” screened after which

and theConsulate General

Margit Hellwig-

at IIMB

XVI India Japan Study Centre (IJSC)

he India–Japan Study Centre (IJSC) at IIM, Bangalore was T inaugurated on September 14, 2017. With the compelling business and national interests propelling the fast- evolving India-Japan business environment, IIMB with its academic and research competencies, conceived the idea of establishing an India-Japan Study Centre to facilitate collaborative initiatives among academia, industry and government agencies of both the countries to work on areas of mutual interest.

The IJSC committee consists of Professors D Krishna Sundar (Chair), Avinash G Mulky, P D Jose, N Ravi and Subhashish Gupta. At present, 14 of IIMB faculty members are associated with IJSC.

Outreach Activities – Seminars and Workshops

December 12, 2019 – An interactive session about Innovation and Entrepreneurship was conducted at IJSC with a large group of executives from Suntory Group, the world’s 3rd largest Beverage and Food Company in Japan. The presentation and discussions were held with Prof. Suresh Bhagavatula and Prof. Krishna Sundar. This session was followed by a campus tour. Participants included Mr. Naoki Tashiro, Director and Ranajit, Coordinator of Yuimaru India Pvt. Ltd., Ryoji Iizuka, Media Director and India Project Manager of Whitehole Corporation along with 29 delegates from Suntory Group.

January 15, 2020 – Session talk by Takashi Suzuki, Director General from JETRO to BPIM students.

Achievements

1. On February 6, 2020, MoU was signed between IIMB and Mizuho Bank. The bank contributed through

2. theirOn March CSR payment19, 2020, of Toshiba ₹ 70 Million, Software to be India used Private for various Limited activities contributed of IJSC. through their CSR payment India Japan Study Centre (IJSC) (IJSC) Study Centre Study Centre India Japan of ₹ 1 Million to IJSC.

187 India Japan Study Centre (IJSC) Research andPublications • • Academic Activities 3. 188 IJSC is supporting and funding thefollowing andfunding supporting IJSC is ResearchProposals Sl. No.

visited Japanfrom November 25to December8,2019. Professors, D. Krishna Sundar, N. Ravi, and with exposureJapan, to Japan’s industry, academia,andsociety. Onesectionof43studentsandthree certification atJapanEmbassy, NewDelhi. and presentation project day last the and IIMB at held programme the of days three first the were Participantsincluded senior executives/entrepreneurs from(11). India(5)andJapanHighlights projectsJapan anddevelopingProf. actionplans. 2020 (February 21 to 24, 2020), structured as abootcamp,for identifying innovative jointIndia- India Innovation” for MizuhoBankthrough IJSC.HejoinedthebankinApril2020. Hardik Gandhifrom EPGP2019–2020 batch was recruited for thepositionof“HeadDigital 5 PGP elective:– thiselective BPIM-Japan course for PGPProgramme, wasand executed planned inthe 1. 2. 3. 4. 5. th /6 th

trimester breaks. Highlight of the course was asuccessfully organized 2-week immersion in Japan for India Understanding HandloomBusinessinJapanandImplication Keiretsus andIndianBusinessHouses:AComparative Study India-Japan CEPA: Implicationfor theIT-ITeS Sector Impacts ofUNESCO’s IntangibleCultural Heritage Comparison withIndia’s Kutiyattom (ICH) uncertainty Persisting withpromising technology underconditionsof

Tag ontheSustainabilityofNogaku Theatre inJapan: Leadership Research Project Title

Programme Annual Report 2019–2020

2020 Suresh Bhagavatulawith Ms.Sowmya.along G.ofIJSC Auniqueprogramme wasin February launched Suresh Bhagavatulacoordinated theprogramme. Prof. Suresh Bhagavatula Prof. SubhashishGupta Prof. Rupa Chanda Prof. Damodaran Prof. SaiYayavaram Faculty (Principal Investigator) XVII IIMB Research Seminar Series

XVII IIMB Research Seminar Series

he Research and Publications (R&P) team at IIMB organizes T regular research seminars, in which scholars from various national and international management schools and centres of excellence are invited to present their on-going or recently completed research. The audience mainly comprises the faculty and doctoral students providing enthusiastic and intellectual discussions on research topics. Details of the research seminars during the academic year 2019–2020 are provided here. IIMB Research Seminar Seminar Series Series IIMB Research

189 IIMB Research Seminar Series XVII-10 XVII-11 XVII-12 XVII-13 XVII-14 XVII-15 XVII-16 XVII-9 XVII-8 XVII-7 XVII-6 XVII-5 XVII-4 XVII-3 XVII-2 XVII-1 Sl. No. Research andPublications 190 Prof. DeeptiGoel Chiplunkar Prof. Gaurav Viswanathan Prof. Siva Prof. Namrata Kala Bhattacharya Prof. Sourav Vasudevan Prof. Ellapulli Tulabandhula Prof. Theja Prof. SunandaSen Banerjee Prof. Swapnendu Prof. Sayar Karmakar Prof. ChandanJha Maheswaran Prof. Durairaj Prof. SamarthGupta Prof. Saikat SinhaRoy Deshpande Prof. Ashwini Prof. Rajnish Kumar Speaker Nameand Institution University Azim Premji of Virginia Business, University Darden Schoolof Maryland University of Sloan School MIT Management University ofLondon Royal Holloway School ofBusiness Aalto University Chicago University ofIllinois Economist Jadavpur University School University ofFlorida College Business, LeMoyne Madden Schoolof University School, NewYork Stern Business NCAER, NewDelhi Jadavpur University Ashoka University Queen’s Management Annual Report 2019–2020 Institution Affiliated

Public SchoolsinDelhi Evidence from Higher Secondary Drivers ofStudentPerformance: Large IndianFirm and Non-ExperimentalEvidence from a in TheLabourMarket? Experimental How Importantare Matching Frictions Platforms Mechanism Designfor Online Owned Enterprises Effects ofEarnedAutonomy onState Workhorses orWhite Elephants?The Model ofElections Condorcet JuryTheorem inaSpatial and theDispositionEffect Volatility Changes,BeliefRevisions, Some GainsAre RiskierThanOthers: Recommendations Stochastic Banditsfor Sticky Transformations Demand andStructural Employment inIndia:Aggregate Hazard withMultipleAgents Other Regarding PrincipalandMoral Class ofk-lateral Shapley Values Group ContributionsinTU-games :A Estimation inTime-Varying Models Simultaneous Inference for Curve Firm-Level Evidence Corruption andStock PriceVolatility: Equity, EmotionsandGlobalization Make inIncredible India:Nation Theory andCredit Delivery Inter-Organizational Transaction Costs Indian workers Studying Intergenerational Mobilityof Services Trade andChoice of Industries Indicator ofBackwardness? Reservation 2.0: IsCaste Still an Title oftheTalk July 5,2019 July 1,2019 2019 June 27, 2019 June 24, 2019 June 14, 2019 June 12, 2019 June 10, 2019 June 7, 2019 May 14, 2019 August 2, July 12,219 2019 July 12, 2019 July 18, 2019 July 19, 2019 July 25, 2019 July 31, Date XVII IIMB Research Seminar Series

Speaker Name and Institution Sl. No. Title of the Talk Date Institution Affiliated XVII-17 Prof. Deepak University of Gender Composition of Children and August 19, Saraswat Connecticut, USA Sanitation Behavior in India 2019 XVII-18 Prof. Joseph Flavian Université catholique The Reach of Radio: Ending Civil August 23, Gomes de Louvain 2019 XVII-19 Prof. Lincoln Wood Otago University Once Bitten, Twice Shy? Investment August 23, Conflict through Rebel Demobilization Disputes, State Sovereignty and Change 2019 in Treaty Design XVII-20 Prof. Shailendra University of Experiments in Brand Transgressions August 29, Pratap Jain Washington 2019 XVII-21 Prof. Tomer Broude Hebrew University of Once Bitten, Twice Shy? Investment August 30, Jerusalem Disputes, State Sovereignty and Change 2019 in Treaty Design XVII-22 Prof. Shraman OP Jindal Treating Symmetric Buyers September Banerjee Asymmetrically 5, 2019 XVII-23 Prof. Mudit Kapoor Indian Statistical Association of Neonatal Mortality September Institute (ISI), New with Quality of Care at Birth: An 12, 2019 Delhi Observational Analysis of Nationally Representative Data on 189143 singleton livebirths, India: 2015–2016 XVII-24 Prof. Ritesh Jain Academia Sinica A Systematic Test of the Independence September Axiom: Around Certainty 19, 2019 XVII-25 Prof. Vaibhav Ranjan National University Healthcare Analytics: Learning from September of Singapore Multiple Heterogeneous Data Sources 26, 2019 XVII-26 Prof. Ram Fishman Tel Aviv University Impacts of the Green Revolution on September Infant Mortality in the Developing 26, 2019 World XVII-27 Dr. Vivek Asokan University of Tokyo Data-Intensive Approaches for October 9, Sustainability – A Review and An 2019 Analysis of Web Data Portals in Monsoon Asia XVII-28 Bar-Ilan University The Israeli Collective Memory of Israel- October 11, 2019 Dr. Rafi Netz-Zehngut XVII-29 Prof. Anaka Aiyar Cornell University Health Insurance and Infant Mortality: November Arab/Palestine Conflict Evidence from India 7, 2019 XVII-30 Prof. Manish Kacker McMaster University Performance Implications of November Organizational Signaling and Screening 13, 2019

Franchising in Interfirm Networks: Evidence from XVII-31 Prof. Arno Hantzsche University of Regional Government Bond Markets – November Nottingham Lessons from Europe 27, 2019 IIMB Research Seminar Series IIMB Research

191 IIMB Research Seminar Series XVII- 33 XVII-32 XVII-34 XVII-35 XVII-36 XVII-37 XVII-38 XVII-39 XVII-40 XVII-41 XVII-42 XVII-43 XVII-44 XVII-45 XVII-46 XVII-47 Sl. No. Research andPublications 192 Balachandran Prof. Bala Prof. AmitKarna Prof. Nachiket Bhawe Janakiraman Prof. Ram Prof. AnoopMadhok Tarafdar Prof. Monideepa Prof. Ravi Srinivasan Chakravarthy Prof. Abhishek Prof. HariBapuji Prof. DyutiBanerjee Prof. JohanHagberg Sundaresan Prof. Suresh Bharadwaj Prof. Prashant Prof. Sriram Shankar Devanatha Pillai Prof. Sandeep Devanatha Pillai Prof. Sandeep Speaker Nameand Institution School Melbourne La Trobe Business IIM Ahmedabad University North Carolina State Carolina University ofSouth York University Lancaster University Chicago Loyola University, Manchester The University of Melbourne Monash University Goteborg University Columbia University California, SanDiego University of University Australian National Bocconi Bocconi Annual Report 2019–2020 Institution Affiliated

Automobile Industry Dividend Tax Cut Content –TheImpactofthe2003 Dividend InitiationsandInformation Workshop onMetaAnalysis Game Industry Knowledge Integration intheVideo in The‘GigEconomy’- AStudy of Organizing for Product Innovation Evidence from FieldResearch Technology onCustomer Behavior: In-Store Clienteling andCRM FPM workshop Reactive Copingfor Technostress Deliberate or Instinctive? Proactive and and ServiceFirms Revenue Streams for Manufacturing the Tension inManagingInnovation Innovation, orBoth?Investigating Introducing GoodsInnovation, Service Programme inIndia Evidence from aLarge Education Informed CitizensandPolitical Entry: Role ofCaste Conversation onInclusive Markets: Policy andInnovation Optimal IPRInfringementEnforcement Future Retail Digitalization:Past, Present and Crisis LiquidityRegulation Unintended ConsequencesofPost- Elderly onChildren’s LaborSupply The Effects ofHealthShocks to the Data Stochastic Frontier Model Estimating EfficiencyEffects inaPanel Research Workshop onHistorical Methodsin Scaling intheEarly American ExplorationAn Empirical of Production Learning to ScaleorScalingto Learn? Title oftheTalk 2020 January 30, 28, 2019 November 6, 2019 December 16, 2019 December 18, 2019 December 18, 2019 December 2020 January 7, 2020 January 7, 2020 January 8, 2020 January 10, 2020 January 16, 2020 January 22, 2020 January 28, 2020 January 28, 2020 January 29, 2020 January 29, Date XVII IIMB Research Seminar Series

Speaker Name and Institution Sl. No. Title of the Talk Date Institution Affiliated XVII-48 Prof. Manoj Mohanan Duke University Information and Facilitation February 3, Interventions for Accountability in 2020 Health and Nutrition: Evidence from a Randomized Trial in India XVII-49 Prof. Jay Kenan-Flagler Optimizing Seed Planting Schedules February 4, Swaminathan Business School, for Improved Yields under Rainfall 2020 University of North Uncertainty Carolina, Chapel Hill XVII-50 Prof. Anisha Sharma Ashoka University Preferences and Expectations: February Understanding the Gender Gap in 12, 2020 Major Choice XVII-51 Prof. TES Raghavan University of Illinois Measuring the Power of the Dominant February at Chicago Partner among Married Couples 17, 2020 XVII-52 Prof. TES Raghavan University of Illinois A Policy Improvement Algorithm for February at Chicago Discounted Two-Person Zero-Sum 18, 2020 Stochastic Game of Perfect Information XVII-53 Prof. Moses Shayo Hebrew University of On the Social and Political Effects of February Jerusalem Financial Markets: Peace, (In)Equality, 20, 2020 and Rationality XVII-54 Prof. Kathan Shukla IIM Ahmedabad Does Negative Teacher Behaviour March 2, 2020 Beliefs? Influence Students’ Motivational XVII-55 Prof. Kathrin FAU Erlangen- Leading Open Innovation – What’s in It March 4, Moeslein Nuremberg for universities? 2020 XVII-56 Dr. Chanchal Senior Research Director Turnover in New Venture March 11, Balachandran Fellow, USI Lugano, Boards 2020 Switzerland IIMB Research Seminar Series IIMB Research

193 Guest Seminar Speakers

Prof. Swapnendu Banerjee Prof. Sunanda Sen Prof. Theja Tulabandhula Prof. Ellapulli Vasudevan Prof. Namrata Kala

Prof. Siva Viswanathan Prof. Gaurav Chiplunkar Prof. Deepti Goel Prof. Sayar Karmakar Prof. Chandan Jha

Prof. Durairaj Maheswaran Prof. Samarth Gupta Prof. Saikat Sinha Prof. Ashwini Deshpande Prof. Rajnish Kumar

Prof. Deepak Saraswat Prof. Joseph Flavian Prof. Lincoln Wood Prof. Shailendra Pratap Prof. Tomer Broude

Prof. Shraman Banerjee Prof. Mudit Kapoor Prof. Ritesh Jain Prof. Vaibhav Ranjan Prof. Ram Fishman

Dr. Vivek Asokan Dr. Rafi Netz-Zehngut Prof. Anaka Aiyar Prof. Manish Kacker Prof. Arno Hantzsche 194 Guest Seminar Speakers

Prof. Bala Balachandran Prof. Amit Karna Prof. Nachiket Bhawe Prof. Ram Janakiraman

Prof. Anoop Madhok Prof. Monideepa Tarafdar Prof. Ravi Srinivasan Prof. Abhishek Chakravarthy

Prof. Hari Bapuji Prof. Dyuti Banerjee Prof. Johan Hagberg Prof. Suresh Sundaresan

Prof. Prashant Bharadwaj Prof. Sriram Shankar Prof. Sandeep Devanatha Prof. Manoj Mohanan

Prof. Jay Swaminathan Prof. Anisha Sharma Prof. TES Raghavan Prof. Moses Shayo

Prof. Kathan Shukla Prof. Kathrin Moeslein Dr. Chanchal Balachandran 195 Author Index

A G Abhinav Anand, 70, 71, 83 Ganesh N Prabhu, 10, 22, 31, 117, 155, 182 Abhoy K Ojha, 7, 88, 96, 97, 101, 103, 104, 137, 183 Gopal Das, 8, 82, 83, 84, 85 Amar Sapra, 107, 113, 120 Gopal Naik, 38, 39, 40, 49, 55, 56, 121, 163, 177 Ana Marques, 67, 73 Gopal P Mahapatra, 95 Ananth Krishnamurthy, 9, 124, 125, 126, 132 Anil B Suraj, 150 H Anshuman Tripathy, 7, 109, 111, 114, 115, 180, 183 Haritha Saranga, 6, 10, 107, 108, 111, 112, 114, 117, Arnab K Basu, 9, 57 120, 177, 180 Arnab Mukherji, 132, 140, 147, 150, 152, 156, 157 Hema Swaminathan, 10, 140, 141, 147, 148, 150, 151, 155, 157 Ashis Mishra, 13, 43, 62, 80, 122 Hyun Chul Maeng, 82 Ashok Thampy, 13, 43, 61, 62, 80, 183 Avinash G Mulky, 84, 183, 187 I B Ishwar Murthy, 8, 125, 126, 131 Israel Fortin, 93, 94, 100 Badrinath S G, 68 Bringi Dev, 160, 161, 162 J C Jayadev M, 68, 69, 71, 73, 109, 121 Jayaram Uparna, 92, 100 Chetan Subramanian, 44, 55, 58, 75 Jishnu Hazra, 8, 107, 110, 112, 113, 116, 117, 120, 176 D Jose P D, 12, 13, 23, 43, 183, 187 Dalhia Mani, 31, 50, 83, 159, 162 Damodaran A, 36, 37, 38, 49, 51, 53 K Debarati Basu, 73 Kanchan Mukherjee, 89, 90, 96, 142 Deepak K Sinha, 20, 147 Krishna Sunder D, 68 Deepak Malghan, 20, 89, 142, 143, 147, 148, 150 Kumar K, 160, 161, 162, 163, 183 Dinesh Kumar U, 6, 7, 12, 40, 107, 120, 121, 125, Kunal Dasgupta 53 128, 129, 130, 171, 173, 174 Author Index Author

196 M Ritwik Banerjee, 45, 46, 47 Mahadevan B, 111, 112 Rupa Chanda, 10, 41, 42, 49, 50, 51, 52, 53, 54, 55, 57, 58, 188 Malay Bhattacharyya, 124, 125, 126, 127, 132 Manaswini Bhalla, 44, 49, 50, 51, 53, 59, 133, 162 S Mukta Kulkarni, 10, 96, 97, 98, 100, 101, 103 Sai Yayavaram, 6, 15, 16, 20, 27, 125, 183, 186, 188 Murali Patibandla, 21, 31 Sankarshan Basu, 70, 72, 74, 76 Seema Gupta, 79, 80, 182 N Shabana Mitra, 143, 144, 145, 151, 157 Narayan P C, 68, 141 Shainesh G, 81, 82, 83, 84, 160 Narayanaswamy R, 72, 73 Shankar Venkatagiri, 135 Nilam Kaushik, 10, 19, 23, 31 Shibashis Mukherjee, 91, 92, 96, 100, 123 Nishant Kumar Verma, 112 Siddharth Mahajan, 111, 113, 117, 118, 176 Soham Sahoo, 10, 146, 147, 150, 151, 152, 155 P Sourav Mukherji, 7, 90, 91, 98, 99, 102, 103, 162, Padmini Srinivasan, 67, 72, 73, 165 181, 183, 185 Pearl Malhotra, 98, 101, 104 Souvik Dutta, 9, 49, 50, 51, 56, 58, 71, 83, 162 Prashant Chintapalli, 39, 112 Srivardhini K Jha, 98, 161, 162, 163 Prateek Raj, 18, 19, 89, 145 Srinivas E S, 96, 97, 100, 102 Prithwiraj Mukherjee, 50, 71, 83, 86, 162 Srinivasan Murali, 48, 55, 56, 58 Pulak Ghosh, 31, 80, 122, 123, 125, 127, 128, 170 Srinivasan R, 7, 14, 15, 20, 21, 23, 24, 27, 29, 31 Srinivasan Rangan, 62, 72, 73, 75 R Srinivas Prakhya, 82, 182 Raghunath S, 13, 22, 26, 31, 33 Sriram M S, 7, 28, 148, 149, 151, 154 Raghuram G, 52, 149, 177 Subhashish Gupta, 13, 42, 43, 58, 62, 80, 187, 188 Rahul De’, 10, 135, 136, 137, 138 Suresh Bhagavatula, 6, 31, 33, 51, 53, 161, 162, 160, Rajalaxmi Kamath, 6, 8, 68, 141, 142, 147, 148, 150, 163, 183, 187, 188 152 Rajendra K Bandi, 137, 138 T Rajeev Ranjan Tripathi, 112 Trilochan Sastry, 20, 125 Rajluxmi V Murthy, 132, 150 Tirthatanmoy Das, 47, 52, 55 Ramachandran J, 10, 29, 31 Ramesh G, 7, 40, 89, 150, 153, 157 V Ravi Anshuman, 6, 63, 64, 66, 71, 74, 75, 77 Vasanthi Srinivasan, 10, 12, 88, 97, 99, 103, 104, 105, Rejie George P, 17, 20, 24, 31, 125 165, 178 Rishideep Roy, 91, 123, 128 Venkatesh Panchapagesan, 64, 65, 66, 67, 71 Rishikesha T Krishnan, 10, 21, 22, 24, 25, 26, 31, 91, Vidhya Soundararajan, 9, 55, 57, 58, 205 162, 183 Vijay Venkataraman, 19, 26

Ritu Tripathi, 10, 19, 86, 88, 89, 96, 98, 103, 145 Vivek Moorthi, 48 Index Author

197 For further details, including copies of reports or reprints and papers, please refer to contact details available on the IIMB website, or write to the following address:

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Editorial Team: Nirmala Manoj Chitralekha A D The Indian Institute of Management Bangalore (IIMB) was registered in 1972 and formally inaugurated in 1973. The Institute offers Doctoral, Post-Graduate, and Executive Education programmes. Long- duration, diploma-granting programmes offered by the Institute are the Fellow Programme in Management (FPM), the Post Graduate Programme in Management (PGP), the Executive Post Graduate Programme in Management (EPGP), the Post Graduate Programme in Enterprise Management (PGPEM) and the Post Graduate Programme in Public Policy & Management (PGPPM). IIMB's Executive Education is aimed at broadening the outlook and strengthening the skills of practicing middle level and senior managers across the globe to make them more effective in a fast-changing world scenario. The Executive Education Programmes comprise short and long duration Open Programmes, Customized Programmes that are designed to meet the specific needs of organizations and International Programmes offered in collaboration with leading international business schools and universities for global practicing managers. IIMB Centres of Excellence are engaged in adding value to their communities in the areas of Public Policy, Financial Management & Risk Management, Corporate Governance & Citizenship, Entrepreneurship, Software & IT Management and Supply Chain Management, to name a few. In 2017, IIMB also started two country-based centres: Israel and Japan. IIMB has also established academic exchange partnership arrangements with Business Schools and Universities around the world.

IIMB's focus on research and education in the area of management is enabled by faculty who are actively engaged in research, teaching, consulting and pedagogy development. IIMB is the first B-School in Asia to sign an agreement with Harvard Business Publishing (HBP) to distribute teaching cases developed by IIMB faculty. Around 248 universities across more than 300 countries have purchased the IIMB cases. In December 2016 IIMB has been re- accredited by the European Quality Improvement System (EQUIS) for five years. Managed by the European Foundation for Management Development (EFMD), this quality assessment builds on existing national accreditation associations working in the field of management research and provides an accreditation framework at an international level.

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