Impact of Poll Promises and Political Interference on Financial Performance of Power Distribution Companies in Haryana, India

Researchers in developed countries argue that banks should be free to decide about their sustainability initiatives without the interference from regulators. However, researchers in developing countries tend to think differently. This study aimed to focus on this argument by examining the linkage between sustainability and financial performance (SFP) aided through regulatory policy guidelines. In doing so, a comparative study was conducted between 2012 and 2018 to compare the pre- and post-status of SFP due to implementation of policy measures. Environmental, social and governance (ESG) scores were calculated and related with financial performance (return on assets) through regression analysis. The sample data includes 30 private commercial banks (PCBs) in Bangladesh. The analysis of the data shows that during these years, the overall sustainability performance, i.e., environmental, social and governance scores of the banks increased by 33 percent. However, the transformation of this performance into better financial performance could not been established even when age and size were taken into account. The current turbulent state of the banking sector due to growing non-performing loan has been identified as the single most influential factor for this neutral result. Research findings suggest that policy guideline initiatives do have a positive impact on bank sustainability. However, exogenous factors, such as political interference, may appease, deviate and prolong its impact on financial performance. This work will enhance the understanding of academics and policy-makers about the feasibility and impact of the policy-led sustainability model in the banking sector, particularly in developing countries.

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Convergence Versus Strategic Reorientation: The Antecedents of Fast-paced Organizational Change

Journal of Management ◽

10.1177/014920630002600508 ◽

2000 ◽

Vol 26 (5) ◽

pp. 911-945 ◽

Cited By ~ 75

Author(s):

Shelley S. Gordon ◽

Wayne H. Stewart ◽

Robert Sweo ◽

William A. Luker

Keyword(s):

Financial Performance ◽

Power Distribution ◽

Structural Equation ◽

Environmental Changes ◽

Top Management Team ◽

Computer Software ◽

Performance Outcomes ◽

Management Team ◽

Hierarchical Regression ◽

Top Management

We reexamine and extend the antecedents of strategic reorientation, a change in strategy combined with change in at least two of organization structure, power distribution and control systems, presented by Lant, Milliken, and Batra (1992) by using archival data (1987–1993) for firms in the stable furniture and turbulent computer software industries. While enabling direct comparability of results from the two studies, we specify an extended, integrated model of change forces, and test the hypotheses with a more robust data analytic technique, hierarchical regression analysis. The results support industry turbulence and CEO turnover as precursors to strategic reorientation, and suggest that industry turbulence conditions managers’ external attributions for negative financial performance in influencing strategic reorientation. Alternatively, the results indicate that top management team turnover is negatively related to strategic reorientation. The results do not support the Lant et al. (1992) conclusions that low past financial performance, top management team heterogeneity, awareness of environmental changes, and external attributions for negative financial performance outcomes are significantly associated with strategic reorientation. Structural equation analysis indicated the predictive superiority of the respecified model, and we offer suggestions for theoretical refinement and development of strategic reorientation.

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THE EFFECT OF DIGITAL PAYMENT SYSTEM ON FINANCIAL PERFORMANCE OF APDCL: A CASE STUDY

INFORMATION TECHNOLOGY IN INDUSTRY ◽

10.17762/itii.v9i1.287 ◽

2021 ◽

Vol 9 (1) ◽

pp. 1425-1436

Author(s):

Bhargab Bharadwaj, Dr. Uttam Kr. Baruah

Keyword(s):

Financial Performance ◽

Power Distribution ◽

New Technology ◽

Secondary Data ◽

Research Paper ◽

Future Trend ◽

Payment System ◽

Financial Condition ◽

Company Limited ◽

Distribution Company

The main purpose of the study is to analyze the effect of digital payment in the financial performance of a State Owned Public Limited Company more precisely Assam Power Distribution Company Limited (APDCL). The research paper contains statistical analysis of the performance of Assam Power Distribution Company Limited after the implementation of digital payment system. The research paper is based on data available on the website of Assam Power Distribution Company Limited. Data has been collected from the audited final accounts uploaded by the company in their website. The paper will be beneficial to the company as well as to other public limited entities for future as it is mostly based on secondary data and analytical in nature. The very success of the new technology introduced by an organization depends upon the improvement in its financial performance. The effect of digital payment in APDCL case is quite positive and encouraging one. The customers of APDCL are using digital modes of payment effectively. The collection of revenue from all kind of customers is encouraged by the digital payment system. In near future also, digital payment system boosts the financial condition of the company. Five years future trend is predicted with the help of time series analysis which will benefit the company to compare the outcome with forecast. It will also help other public limited companies dealing with digital payment system and collection of revenue in such a way that it can relate the research with their entity and respond accordingly.

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Effects of Electrical Discharges in Low Pressure Gases on the Morphology of Polyethylene Crystals

Proceedings, annual meeting, Electron Microscopy Society of America ◽

10.1017/s0424820100052730 ◽

1974 ◽

Vol 32 ◽

pp. 544-545

Author(s):

L.H. Bolz ◽

D.H. Reneker

Keyword(s):

Power Distribution ◽

Electrical Discharge ◽

Dielectric Breakdown ◽

Ionic Species ◽

Low Pressure ◽

Polymer Surfaces ◽

Electrical Discharges ◽

Adhesive Bonds ◽

Power Distribution Lines ◽

Modification Of The Surface

The attack, on the surface of a polymer, by the atomic, molecular and ionic species that are created in a low pressure electrical discharge in a gas is interesting because: 1) significant interior morphological features may be revealed, 2) dielectric breakdown of polymeric insulation on high voltage power distribution lines involves the attack on the polymer of such species created in a corona discharge, 3) adhesive bonds formed between polymer surfaces subjected to such SDecies are much stronger than bonds between untreated surfaces, 4) the chemical modification of the surface creates a reactive surface to which a thin layer of another polymer may be bonded by glow discharge polymerization.

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