NOLEGEIN- Journal of Business Risk Management

Managing the Economic Turbulence Through Global Governance

Tarakeswara Rao. Sivvala — 2024-07-27

The on-going turmoil in the world economy, which can be seen as a carryover of the 2007 global financial crisis, poses a threat to trigger yet another massive worldwide recession. The dire circumstances have instilled fear throughout the developed world to such an extent that The Economist in London has already forecasted a double-dip global recession initiated by the United States. The world stock exchanges went into a complete meltdown due to the turmoil, which was mostly brought on by the sovereign debt crisis in several European nations and the significant downgrade of the US sovereign long-term credit rating by Standard & Poor. Virtual insolvency has resulted from the Eurozone's sovereign credit crises in Greece, Ireland, and Portugal. Right now, Spain and Italy are in danger due to the crisis, and it is unlikely to end there. The common people's purchasing power decreases as a result of the sovereign debt being transferred to them, and this, along with the rise in unemployment, induces a severe reduction in domestic demand. Recently, India's Finance Minister Pranab Mukherjee issued an announcement to the international community that, if the crisis is not handled harshly, it could spread and potentially result in a double-dip global recession.

Strategic Risk Management for PMPML Bus Operation in Pune and PCMC Areas

R. Ganesh. — 2024-08-14

The purpose of this study is to improve public transportation safety and operational efficiency by examining the strategic risk management strategies used by PMPML buses that operate in the Pune and PCMC districts. The study investigates a thorough approach to risk management, which includes driver education initiatives, GPS-based tracking devices, and thorough road assessments. It evaluates a number of risk factors, including weather, traffic patterns, road conditions, illumination problems, and vehicle upkeep. The effectiveness of Journey Risk Management (JRM) system adoption in reducing these risks is examined. The study demonstrates how risk assessment and real-time data collection lead to more dependable and safe public transportation services. The effects of major projects on lowering traffic congestion and raising service quality are assessed, including the deployment of Bus Rapid Transit (BRT) systems and infrastructure upgrades. The results imply that systematic risk management and technical developments are essential for raising the standard of safety and effectiveness in public transportation. The paper ends with suggestions for additional study and technology application to deal with persistent issues in metropolitan public transit networks

Evaluating the Risk and Return Dynamics of ICICI Mutual Funds: A Case Study

Dipika — 2024-07-25

This paper investigates the risk and return analysis of ICICI Mutual Funds, one of the prominent mutual fund houses in India. This includes a detailed evaluation of the risk and returns aspects of 44 ICICI Mutual Funds, with an emphasis on equities funds in the Direct Plan- Retail, and High Net Worth categories. By employing standard financial metrics such as the average and standard deviation, the performance of these funds is evaluated over a financial year April 2022- March 2023. The paper also examines a comparative analysis of AUM of retail investors and AUM of High Net Worth. The research will undertake a detailed examination to determine the effectiveness and acceptability of investment options for investors with varying risk appetites and financial goals. The study intends to help investors, fund managers, and stakeholders better understand the performance dynamics and risk profiles of ICICI Mutual Fund's equities offerings. The study's goal is to find trends and patterns in historical data that may be used to advise future investment decisions. The study's goal is to enable investors, fund managers, and stakeholders better understand the performance dynamics and risk profiles of ICICI Mutual Fund's equity products. It also seeks to provide insights on the efficacy and acceptability of investment options for investors with various risk tolerances and financial objectives. By identifying these funds' strengths and drawbacks, the article hopes to contribute to more informed decision-making in the mutual fund investment landscape.

Evaluating the impact of macroeconomic variables on the volume of money in SAARC member countries 2002-2022

Abdul Hakim Noori — 2024-08-24

While the impact of money supply growth on economic activity has been widely discussed in macroeconomic literature, this research takes a different approach. It examines how macroeconomic factors influence the money supply in SAARC member nations from 2002 to 2022. The data for this study, including interest rates, exchange rates, inflation, economic growth, and money supply, was sourced from the World Bank. The research employed the random effects model technique to test the findings, revealing some intriguing insights. For instance, in SAARC member nations, there is no statistically significant correlation between the money supply and the inflation rate. Similarly, no significant relationship was found between the money supply and economic growth in these countries. However, the study did uncover a negative correlation between interest rates and money supply among SAARC member nations. This suggests that as bank interest rates rise, the money supply and investments decrease. Furthermore, the effect of the exchange rate on the money supply was found to be significant at a 5% risk level. In conclusion, the study indicates that in SAARC member nations, the money supply may not be directly impacted by inflationary forces, as no significant correlation was observed between money supply and inflation. Additionally, contrary to the common belief that monetary expansion typically accompanies economic growth, the analysis showed that economic growth does not have a discernible effect on the money supply in these economies

Evaluating the Effect of CSR on Financial Performance: An Analysis of the Indian Banking Industry

Nilesh Narayan Prasad — 2024-08-14

The purpose of this study is to ascertain how corporate social responsibility (CSR) affects the financial performance of Indian banks. As CSR increasingly becomes a vital component of corporate strategy, the research focuses on understanding how CSR activities influence key financial metrics such as return on assets (ROA), return on equity (ROE), and net profit margin. Using a mixed-methods approach, the study combines thematic content analysis and qualitative insights from interviews with quantitative data analysis. The quantitative analysis reveals a positive correlation between CSR expenditure and financial performance, with CSR activities contributing significantly to enhanced profitability and operational efficiencies. However, the study also identifies diminishing returns on financial performance beyond a certain level of CSR investment, suggesting an optimal CSR expenditure threshold. Qualitative findings highlight the importance of strategically integrating CSR into core business strategies and involving stakeholders to maximize financial and non-financial benefits. This comprehensive analysis provides valuable insights for policymakers, banking executives, and stakeholders, demonstrating that well-executed CSR initiatives can serve as a strategic asset, fostering sustainable growth and enhanced public trust in the banking sector. The report also makes recommendations for future research, such as the creation of standardized standards for CSR measurement and a more comprehensive sectoral analysis.