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Suresh, V. N.
- Quality of Work Life of Non-managerial Employees in Manufacturing Industries
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Authors
A. S. Ambily
1,
V. N. Suresh
2
Affiliations
1 Amrita School of Arts and Sciences Kochi, under Amrita Vishwa Vidyapeetham, IN
2 Maharaja’s College, Ernakulam, Kerala, IN
1 Amrita School of Arts and Sciences Kochi, under Amrita Vishwa Vidyapeetham, IN
2 Maharaja’s College, Ernakulam, Kerala, IN
Source
OPUS: HR Journal, Vol 4, No 1 (2013), Pagination: 44-59Abstract
Quality of Work Life (QWL) is primarily an initiative of management and its consultants, along with academics and government bureaucrats. According to Keith (1989), QWL refers to “the favourableness or un-favourableness of a job environment for people”. QWL provides employers with one method of permanently reducing the workforce, introducing automated technologies while still maintaining control of the workplace. The QWL philosophy proposes a socio-technical view which matches worker and technology. Workers are social, psychological and physiological beings, not just automatons, and the technical aspect of work must be compatible in analyzing their work and environment so that the social and technical aspects can be optimized. This is an exploratory study using confirmatory factor analysis to make out the contribution of various parameters of quality of work life towards the total quality of work life on the perspective of non-managerial employees.Keywords
Quality of Work life, Work Life, Life Space, Confirmatory Factor Analysis.
References
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- Lead Lag Relationship Between Futures and Spot Prices in Select Nifty Companies
Abstract Views :208 |
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Authors
Affiliations
1 Post Graduate & Research Department of Commerce, The Cochin College, Kochi, Ernakulam, Kerala, IN
2 Post Graduate Department of Commerce, Maharaja's College, Ernakulam, Kerala, IN
1 Post Graduate & Research Department of Commerce, The Cochin College, Kochi, Ernakulam, Kerala, IN
2 Post Graduate Department of Commerce, Maharaja's College, Ernakulam, Kerala, IN
Source
International Journal of Financial Management, Vol 7, No 2-3 (2017), Pagination: 30-48Abstract
The equity derivatives market in India has undergone remarkable changes in terms of instruments introduced. Introduction of single stock futures, amidst great misgivings, was solely responsible for placing Indian exchanges in the topmost position in the global scenario. Till 2006-07, single stock futures were the most traded instruments in the Indian equity derivative segment. But, post-Global Financial Crisis, there has been a continuous drift in favour of index options from single stock futures. There has been a continuous decline in the share of single stock futures, the gain being that of index options. This is considered as a clear indication towards mature stock market. Even though the inception of derivative trading has significantly influenced the trading volatility in the capital market segment, it is yet to be seen whether the introduction of derivatives has achieved its purpose or not. The present study is an attempt to study the impact of volatility on the stock market after the introduction of derivatives in Indian segment. The study takes into account a period of thirteen years, from 9th November 2001 to 31st March 2014. A bunch of Nifty companies which satisfy the set criteria are selected for the study. The study reveals that there exists causality between the futures and spot prices of these companies. These companies are found to be co-integrated in the long run as well as in the short run.Keywords
Derivatives Market, Futures Prices, Index Futures, Indian Stock Market, Informational Efficiency, Market Efficiency, Price Discovery, Single Stock Futures, Spot Prices.References
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