Theme: TRANSFORMING SHAPE OF WORLD ECONOMICS: AN INTERDISCIPLINARY APPROACH TO MANAGEMENT, ECONOMICS AND ENTREPRENEURSHIP
Guest Editor: Dr. Amit Sharma, Dr. B.Siva Naga Devi
Submit your manuscript to: ugceditor@gmail.com
1. LINKING DIVERSITY AND INCLUSION TO EMPLOYEE OUTCOMES: EMPLOYEE ENGAGEMENT
Authors: KANUPRIYA SHEKHAR1 and Dr. SANJAY SRIVASTAVA2
Abstract
With the developments in technology, globalization, and demographics, it has become strategically and ethically important for organizations to create truly inclusive workplaces. This research analyzes the effect of Diversity and Inclusion (D&I) programs on employee engagement in the Information Technology (IT) industry in India with emphasis placed upon how inclusion translates to fair and sustainable business results. Based on a sample survey of 247 IT professionals, the study utilized a non-experimental correlational framework capturing workplace engagement at an intellectual, social and emotional level through standardized instruments. Results show there is a strong positive correlation (r = .668, p < .01) between perceived inclusion and employee engagement which affirms the organizational benefits arising from psychological safety, equity, and sense of community. Moreover, the study sustains that cultures with inclusivity provide not just individual resilience but also group creativity alongside moral responsiveness which challenges traditional corporate governance thinking today. The research justifies inclusion on ethical grounds framed as business case arguments accentuating debates within accountancy and corporate social responsibility circles about why corporations have to embrace inclusiveness--to advance human dignity into work.
Keywords: Diversity and Inclusion (D&I); Employee Engagement; Workplace Inclusion; Workplace Inclusion.
2. ASSESSMENT OF THE INSOLVENCY SITUATION OF CHOSEN INDIAN FINANCIAL INSTITUTIONS
Authors: Dr. AMRITA SENGUPTA1 and Dr. ABHIJIT PANDIT2
Abstract
This study meticulously analyses the insolvency status of specific Indian commercial and public sector banks utilising the Z-score approach, a recognised tool for forecasting bankruptcy. The results indicate that private sector banks have superior bankruptcy resilience relative to public sector banks. The Indian banking sector collectively witnessed a decline in Z-scores during the pandemic era as a result of significant economic disruptions. Private sector banks maintained their Z-scores, demonstrating enhanced financial stability and resilience, whereas public sector banks faced challenges, shown in a notable decrease in their Z-scores. This research highlights the essential significance of strong financial management and strategic flexibility in addressing economic difficulties.
Keywords: Financial Performance, Financial Distress, Bankruptcy, Z-score, Economic Stability, Indian Banking Sector, Private Banks, Public Banks.