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ROGE - Pune 2011 - The Academy of Business and Retail ...

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International Conference on the Restructuring <strong>of</strong> the Global Economy, PUNE 1-2 February, <strong>2011</strong><br />

method used is associative causality Data collection techniques in this research is to<br />

use secondary data <strong>and</strong> data used in this study are the financial statements, annual<br />

reports <strong>and</strong> stock prices. This study uses regression analysis <strong>and</strong> multiple correlations.<br />

Tests <strong>of</strong> asymmetry <strong>of</strong> information is done by using a proxy market micro structure<br />

approach that is bid-ask spread which consists <strong>of</strong> quotes, sales volume <strong>and</strong> return<br />

volatility <strong>and</strong> to provide evidence <strong>of</strong> earnings management practices using by the<br />

Modified Jones model.<br />

<strong>The</strong> results showed that information asymmetry affect earnings management.<br />

This is evidenced by the large effect <strong>of</strong> information asymmetry on earnings<br />

management that is equal to 30.9% while another 69.1% are influenced by other<br />

factors.<br />

III.<br />

Influence <strong>of</strong> Global Trade <strong>and</strong> Corporate Social Responsibility in India<br />

Sanjay Aswale, SCS College Omerga, India<br />

Abstract<br />

Company’s obligation to be sensitive to the needs <strong>of</strong> all the stakeholders in its<br />

business operations is known as Corporate <strong>and</strong> Social Responsibility. In the global<br />

reforms the rapid changes has been taken place in the area <strong>of</strong> three sectors <strong>of</strong> the<br />

economy including Marketing, Finance, <strong>and</strong> Management etc. <strong>The</strong> global trade is no<br />

exception in this process <strong>of</strong> change. <strong>The</strong> statement <strong>of</strong> problem <strong>of</strong> my paper is " What<br />

are the contribution <strong>of</strong> Indian companies in the context <strong>of</strong> Corporate Responsibility<br />

<strong>and</strong> also examine the influence <strong>of</strong> global trade on Corporate Social Responsibility" In<br />

this paper the author points out the influence <strong>of</strong> global trade <strong>and</strong> Corporate Social<br />

Responsibility in India. <strong>The</strong> paper also examines the Corporate <strong>and</strong> Social<br />

Responsibility before <strong>and</strong> after global period. <strong>The</strong> exploratory research method is<br />

used in this paper <strong>The</strong> study is based on the primary as well as secondary data.<br />

Stratified sampling method is used for selection <strong>of</strong> sample in this study. <strong>The</strong> 10<br />

Indian Companies are r<strong>and</strong>omly selected for the study. <strong>The</strong> data is grouped in two<br />

period i.e. 1980-1991 (before global period) <strong>and</strong> 1992-2009 ( after global period). <strong>The</strong><br />

collected data analyze by using statistical techniques like Mean, St<strong>and</strong>ard Deviation<br />

<strong>and</strong> St<strong>and</strong>ard error. <strong>The</strong> hypothesis framed in this study will be tested by using ‘t’<br />

test technique. <strong>The</strong> finding <strong>of</strong> the paper highlights the importance <strong>of</strong> Corporate Social<br />

Responsibility in Global Trade <strong>and</strong> its need <strong>of</strong> all the stakeholders in its business<br />

operations in 2050<br />

IV.<br />

HRM Br<strong>and</strong>ing –Strategic not Support<br />

Chayan Bhattacharya, Lifestyle International Pvt. Ltd, Kolkata<br />

Gairik Das, IISWBM, Kolkata, India<br />

Abstract<br />

<strong>The</strong> domain called HRM has moved with times from a support role it has<br />

graduated to more <strong>of</strong> a strategic role. In this paper the effort is to highlight that over<br />

the years the belief that HRM plays a support role <strong>of</strong> facilitation has indeed enlarged<br />

to playing a strategic role just the way domain like marketing has done to prop up the<br />

topline <strong>and</strong> bottomline. In this article, the effort is to showcase that only the best<br />

practices <strong>and</strong> the best environment can assure their interest in working for your

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