https://mbajournals.in/index.php/JoBEC/issue/feed NOLEGEIN-Journal of Business Ethics , Ethos & CSR 2025-01-21T07:10:19+00:00 Journal Manager [email protected] Open Journal Systems <p><strong>NOLEGEIN-Journal of Business Ethics , Ethos &amp; CSR </strong>is a peer reviewed journal and provides a platform to discuss new issues in the area of Business ethics and the global economy. The journal also seeks to advance the quality of research by publishing papers introducing or elaborating on Accounting Ethics and Goods &amp; Service Tax. It's a biannual journal, started in 2018.</p> https://mbajournals.in/index.php/JoBEC/article/view/1558 Trends in CSR Compliance: A Comparative Study Between NTPC Limited and NHPC limited 2025-01-21T07:10:19+00:00 Tamal Basu [email protected] Sudipta Ghosh [email protected] <p><em>A self-governing business model known as corporate social responsibility (CSR) helps an organization be socially responsible to its stakeholders, the public, and itself. By practicing corporate social responsibility (CSR), a business enhances society and the environment rather than negatively impacting both</em><em>. A&nbsp;socially accountable&nbsp;company is responsible to itself and its shareholders. CSR is usually a strategy employed by giant corporations. In this context, the present paper is an attempt to capture the recent trends in CSR compliance between NTPC Limited and NHPC Limited from 2018-19 to 2022-23.</em><em> To carry out the study, the CSR Index (CSRI) is formulated in line with Schedule VII of the Companies Act, 2013. Furthermore, Fisher’s t test is used to examine whether there exists a significant difference in CSR compliance between the two sample companies under study. </em><em>The study concluded that both the sample companies in Indian power sector have satisfactory CSR compliance and thus played a significant role in CSR activities, thereby leading to the development of the society in particular and the economy at large. Apart from certain limitations, further study can be carried out for a longer time period in order to draw a meaningful conclusion at macro level.</em></p> 2025-01-20T00:00:00+00:00 Copyright (c) 2024 NOLEGEIN-Journal of Business Ethics , Ethos & CSR https://mbajournals.in/index.php/JoBEC/article/view/1554 Sustainable Investing in India: An Analysis of ESG Mutual Fund Performance 2025-01-21T06:30:47+00:00 Shikha Dua [email protected] Pratham [email protected] <p style="text-align: justify;"><em><span lang="EN-US">The importance of investing in ESG funds has grown significantly over time as investors increasingly prioritize sustainability alongside financial returns. ESG investments not only promote corporate responsibility but also mitigate long-term risks associated with environmental, social, and governance factors. This study analyzes the performance of 36 ESG mutual funds in India using key risk-adjusted metrics such as the Sharpe Ratio, Treynor Ratio, and Jensen Alpha. The findings highlight Quant Direct Growth and Quant Regular Growth as consistent top performers across all metrics, offering superior risk-adjusted returns and showcasing their potential as robust investment options. Funds like ICICI Direct and Invesco Direct Plan Growth also rank prominently, further emphasizing their suitability for ESG-focused portfolios. While most funds demonstrate stability in returns, some exhibit higher variability and risks, necessitating careful assessment by investors. The analysis underscores the growing relevance of ESG criteria in investment decisions, aligning financial performance with sustainability goals. By prioritizing funds with consistent and strong risk-adjusted returns, investors can achieve both financial and ethical objectives, navigating the evolving landscape of socially responsible investing in India.</span></em></p> 2025-01-21T00:00:00+00:00 Copyright (c) 2024 NOLEGEIN-Journal of Business Ethics , Ethos & CSR https://mbajournals.in/index.php/JoBEC/article/view/1553 Deforestation and Forest Management Practices in Achieving SDG 15: Challenges and Opportunities 2025-01-21T06:19:41+00:00 L. Yuvapriya [email protected] Merwin J [email protected] <p><em>Sustainable Development Goal 15 (SDG 15), which aims to maintain, restore, and manage terrestrial ecosystems sustainably, is being undermined by deforestation, which continues to pose serious challenges to ecosystems and biodiversity. This paper provides an overview of the far-reaching impacts of deforestation, including biodiversity loss, habitat fragmentation, and disruption of ecosystem services essential for human well-being and climate regulation. Examining current forest management practices across regions such as the Amazon, Southeast Asia, and Sub-Saharan Africa, this study assesses the effectiveness of approaches like community-based management, sustainable logging, and reforestation initiatives. Our analysis identifies critical challenges in aligning these practices with SDG 15, including inadequate funding, policy enforcement gaps, illegal logging, and limited community engagement. Despite these obstacles, significant opportunities exist to enhance forest management through innovative solutions, such as technology-driven monitoring, financial incentives for conservation, and stronger regulatory frameworks. Findings from this research underscore the need for comprehensive policy reforms, increased funding, and localized solutions that involve community stakeholders. The paper concludes with actionable recommendations for sustainable forest management practices that not only reduce deforestation but also promote biodiversity conservation and climate resilience, thereby advancing the goals of SDG 15.</em></p> 2025-01-21T00:00:00+00:00 Copyright (c) 2024 NOLEGEIN-Journal of Business Ethics , Ethos & CSR https://mbajournals.in/index.php/JoBEC/article/view/1522 Effect of Internal Audit Practices on Financial Management: Insights from Epitome 2024-12-23T10:31:13+00:00 Abha Gupta [email protected] Unnati Sharma [email protected] <p><em>This project explores the effect of internal audit practices on financial management at Epitome Kidney and Urology Institute over the period from 2021 to 2023. By examining key financial indicators like Return on Assets (ROA), debt-to-equity ratio, current ratio, and cash flow, the study demonstrates how internal audits have influenced Epitome’s financial health and operational efficiency. Internal audits have contributed to substantial improvements in profitability and cash flow, reflecting better asset utilization and effective resource management. Specifically, the research highlights how the implementation of audit recommendations led to a sharp increase in ROA and operational cash flow. These improvements signal enhanced revenue collection and stronger cash management, suggesting that Epitome has optimized its financial and operational processes post-audit. Additionally, total assets have grown significantly, indicating that strategic expansion efforts were effectively supported by audit- driven insights. However, the study also reveals financial challenges associated with liquidity and debt. The current ratio, which assesses liquidity, declined over the period, pointing to potential short-term financial pressures. Likewise, the debt-to-equity ratio increased, indicating a higher reliance on debt to finance growth. These metrics suggest that while Epitome has experienced financial gains, its increased financial leverage and reduced liquidity underscore the importance of balanced financial strategies. </em><em>The study recommends that Epitome strengthen its liquidity controls to ensure financial flexibility and reduce short-term liabilities where feasible. Additionally, managing debt levels carefully will help mitigate financial risk and maintain balance in the debt-to-equity ratio. The continuation of regular internal audits is crucial to sustain transparency, optimize resource allocation, and support informed financial decisions.</em></p> 2024-12-27T00:00:00+00:00 Copyright (c) 2024 NOLEGEIN-Journal of Business Ethics , Ethos & CSR https://mbajournals.in/index.php/JoBEC/article/view/1459 Strategic HR Maintenance: Impact of Organizational Support and Culture on Employee Commitment 2024-08-06T05:59:21+00:00 Mohammad Taghipour [email protected] Siawash Safdarpour [email protected] Moslem Heydarzadeh Kouchaksaraei [email protected] <p><em>In the modern world, organizations are thought to have the most valuable organizational resource in their human resources. In the modern world, organizations are thought to have the most valuable organizational resource in their human resources.. Today, more than any other time, it is clear that the growth and development of organizations and then the society and the country depends on the correct use of human power. The aim of this study is to examine how employees' organizational commitment is impacted by the strategic approach in the HRM system through organizational support and organizational culture. Organizational commitment (0.81) and the human resource maintenance system (0.82) were attained. The goal of the research technique is applied, and its nature and methodology are described. The questions were tested in SPSS and Excel software. The results of the research showed that the strategic approach in the human resources maintenance system through organizational support and also organizational culture has a positive and direct effect on the organizational commitment of employees</em></p> 2024-08-16T00:00:00+00:00 Copyright (c) 2024 NOLEGEIN-Journal of Business Ethics , Ethos & CSR https://mbajournals.in/index.php/JoBEC/article/view/1458 Role of Self-Help Groups (SHGs) in empowering Women Entrepreneurs 2024-08-06T05:52:05+00:00 Pavithra B [email protected] G V M Sharma [email protected] <p><em>Self-help groups (SHGs) utilizing microfinance have gained international recognition as an effective contemporary strategy for promoting self-reliance, empowerment, and sustainable development among their members and communities. By fostering collective action, mutual support, and inclusive growth, SHGs play a crucial role in addressing socio-economic challenges and building more resilient and inclusive societies. Microfinance is widely associated with initiatives aimed at eradicating poverty, supporting small businesses, and promoting gender equality. It involves providing modest financial services and products to impoverished individuals in rural, semi-urban, or metropolitan areas. Microfinance institutions (MFIs) play a crucial role by offering financial and non-financial services to those with limited means. Karnataka, India, is home to hundreds of such institutions. One notable local example is the Women Entrepreneurs Program, which primarily serves women in need by providing financial services and goods. Microfinance typically involves providing small loans to individuals with low incomes to invest in their businesses, often accompanied by savings accumulation. Its widespread acceptance as a key tool for poverty alleviation and economic empowerment, particularly among the underprivileged, gained momentum following Bangladesh's success with microfinance in the 1970s. Microfinance organizations play a vital role in supporting aspiring micro-entrepreneurs, particularly from disadvantaged backgrounds, by offering financial assistance and business start-up support. By targeting the underprivileged, these initiatives aim to enable individuals to establish their own businesses and increase their income levels, thereby contributing to poverty reduction and sustainable development goals.</em></p> 2024-08-16T00:00:00+00:00 Copyright (c) 2024 NOLEGEIN-Journal of Business Ethics , Ethos & CSR