International Journal of Management, Public Policy and Research Gujarat University en-US International Journal of Management, Public Policy and Research 2583-3014 AN COMPARATIVE ANALYSIS OF WORKING CAPITAL AND PROFITABILITY IN ONLINE SERVICES SECTOR WITH REFERENCE TO IRCTC AND NYKAA <p>The Online Services Sector is one of the most important industry in India. In India there are many large and developing industries (Crude oil, Coal, Refinery, Cement, Textile, Steel, FMCG, Agriculture) and has significant contribution to GDP of India. The main Objective of the study is to analyse the Working Capital and Profitability of company during the study period is 2019-20 to 2022-23. Data Collection is based on secondary data collection method. Sample Selection is judgemental non parametric sampling method is used. For Data Analysis T-test is applied for Analysis of Working Capital and Profitability, Findings is that there is a significant difference between Current Ratio and Quick Ratio of company, and there is no significant difference between Inventory Turnover Ratio of both company. Due to their Working Capital Ratio Profitability of company also effected so NYKAA should maintain their Working Capital Ratio for increase their Profitability.</p> Kajal Hingu Sonal Nena Copyright (c) 2024 International Journal of Management, Public Policy and Research 2024-03-27 2024-03-27 3 1 1 5 10.55829/ijmpr.v3i1.203 IMPACT OF LEADERSHIP STYLES ON PERFORMANCE IN SMALL AND MEDIUM-SIZED ENTERPRISES IN MANIPUR <p>This quantitative study examined the impact of leadership styles on the performance of small and medium enterprises (SMEs) in Manipur, India. Transformational, transactional, and passive avoidant leadership were measured as independent variables. Firm performance consisted of sales growth, return on investment (ROI), and growth in the number of employees over the past year. A sample of 197 SME leaders participated in the survey. Correlation and regression analyses tested the relationship between leadership styles and aspects of SME performance. Results demonstrated that transformational leadership had robust, significant positive associations with all three performance measures. Transactional leadership also positively predicted sales growth and ROI. In contrast, passive avoidant leadership could have been more inconsequential or mildly detrimental for SMEs. Together, the leadership styles accounted for 19-24% of variation in firm performance. The findings highlight the crucial role of engaged leadership approaches centred on inspiration, rewards, and modelling integrity for enabling Manipuri SMEs to thrive. Practical implications suggest integrating transformational leadership principles into local entrepreneurship training programs.</p> Lakeshwar Heisnam Keshorjit Singh Prabhakar Laishram Copyright (c) 2024 International Journal of Management, Public Policy and Research 2024-03-27 2024-03-27 3 1 6 13 10.55829/ijmpr.v3i1.200 A STUDY OF SOCIO-ECONOMIC STATUS IN RELATION TO EMPLOYABILITY OF ENGINEERS <p>India is the diverse country and the diversity extends to the engineering graduates across states. Technical education in India has scaled over the last decade boasting of 1000s of Engineering colleges spread across the length and breadth of the country producing over half a million Engineering graduates annually. The objectives of this study are to find out the relationship between socio-economic status and employability skills among the engineering graduates in India, particularly in Tamil Nadu. As reported in The Hindu dated October 07, 2023,Anna University Vice Chancellor has Emphasised the importance of diverse skill of Tamil Nadu may be known for its massive number of engineering colleges, but the graduates they produce do not top in employability. The students in most of the engineering colleges are from different socio-economic status/background coming from different places. The socio economic status of the family plays an important role in the personality development of the students. The present study tries to find the extent to which the socio economic status is a barrier in being employable and provides means to overcome the present day menace of unemployability.</p> Rajkumar Maheshvari Copyright (c) 2024 International Journal of Management, Public Policy and Research 2024-03-27 2024-03-27 3 1 14 21 10.55829/ijmpr.v3i1.201 BUSTING THE GST IMPACT MYTH: PAIRED STUDY ON PRE AND POST DURATION KEY FINANCIAL PARAMETERS FOR PHARMACEUTICAL SECTOR <p>Goods and Services Tax was introduced in Indian in the mid of the year 2017. It was a markedly major event for the economy as a whole and subsequently all business sectors and firms operating within them. Trying to understand the impact of this taxation overhaul on different industry is key to evaluating its outcomes and the road ahead. In this study a Pre and Post GST analysis of pharmaceutical industry is carried out. Four main financial metrics are taken as variables and paired test were run to check the alternative hypotheses. It was found by a huge margin that there is no significant effect of implementation of GST on the main business vitals of the selected top 5 companies. The trends in sales, operating profit, OPM and NPM seems to be clearly unaffected over those 10 years that included the pre and post duration.</p> Jubin Oommen Shankar Sodha Copyright (c) 2024 International Journal of Management, Public Policy and Research 2024-03-27 2024-03-27 3 1 22 25 10.55829/ijmpr.v3i1.209 ASSET PRICING RESEARCH FOR BEGINNERS: SURVEY OF PROMINENT RESEARCH ON STOCK RETURNS AND RETURN DETERMINANTS <p>Over the last five decades, business academics have identified over three hundred factors that influence stock returns. A newcomer to this field might be overwhelmed by the amount of research and the nature of it - sometimes confusing, even conflicting at times. This paper tries to hand hold a beginner and gently introduce him to the high seas of asset pricing – especially research that focuses on stock returns &amp; potential return determinants. We have tried to cover leading research that will provide a soft landing for the beginner to the field of asset pricing. With this introduction, we hope that the newcomer will find it easier to navigate her/his way confidently to her/his research interest.</p> Srinath Mitragotri Copyright (c) 2024 International Journal of Management, Public Policy and Research 2024-03-27 2024-03-27 3 1 26 35 10.55829/ijmpr.v3i1.204 BEYOND THE BALANCE SHEET: A COMPREHENSIVE STUDY OF VOLUNTARY DISCLOSURE IN INDIAN FMCG COMPANIES <p>This study examines the extent and trends of voluntary disclosure among five FMCG companies in India over a three-year period from 2020 to 2023. Data was collected from annual reports and other public sources, focusing on financial, environmental, social, and governance-related information. Content analysis using binary coding was employed to quantify disclosure practices. The research found significant differences in voluntary disclosure among the companies, with areas such as product management, ESG reporting, and governance showing varying levels of disclosure. The findings highlight areas where companies can improve their voluntary disclosure practices to enhance transparency and accountability.</p> Nihar Nanavati Sagar Dave Copyright (c) 2024 International Journal of Management, Public Policy and Research 2024-03-27 2024-03-27 3 1 36 44 10.55829/ijmpr.v3i1.212