Asit Bhattacharyya

The study investigates the interplay between personal values and attitudes toward environmental responsibility (ER) among MBA students from two distinct cultural contexts: Australia (individualist) and India (collectivist). Drawing on survey responses from the University of Newcastle, Australia and the Indian Institute of Management (IIM), Kolkata, the study employs factor analysis and Multivariate Least Squares (MLS) to test whether cultural orientation moderates the predictive relationship between value priorities and ER attitudes. Findings reveal significant cross-cultural contrasts: Australian respondents prioritise security, conformity and power, whereas Indian respondents emphasise achievement, benevolence and universalism. Contrary to theoretical expectations, self-transcendence (benevolence, universalism) and self-enhancement (achievement, power) values exert a stronger influence among Indian participants. These results challenge universalist assumptions in sustainability education. The study offers actionable implications for corporate recruitment, climate policy and MBA curriculum design, highlighting how cultural value systems shape managerial attitudes toward ER.

Australia has a high percentage of international students, mainly from Asia, undertaking higher education. The paper aims to better understand how Asian students achieve their desired learning outcomes, exercising their perceptions of the relative influence of factors affecting their learning. We examine the moderation effects of English language proficiency on the relationship between learning methods and teaching methods with learning outcomes of international postgraduate accounting students. The results show that English language ability critically moderates various learning constructs. Contrary to stereotypes of the Asian learner, lower levels of English ability encourage higher levels of desire to engage with, which results in improved learning outcomes. Although deep learning approaches were preferred by Asian students, lower English ability forced them to spend more time preparing for class and confined them to surface learning methods. The study broadens the meaning of learning outcomes beyond grades awarded to encompass other critical success factors such as skills, knowledge, and personal development for employability.

Purpose: Corporate responsibility and sustainability (CRS) have emerged as an important topic today. At the same time, alliances and coopetition arrangements, as vehicles for inter-firm collaboration have been shown to support firm performance. Still, there has been a lack of research into how coopetition (collaboration with competing firms) in this area may support firm performance.Design/methodology/approach: This study aims to untangle the relationship between coopetition arrangements including CRS and firm performance. The model permits garnering social performance, which is a key to CRS, and to move beyond the traditional view of the coopetition–firm–economic–performance relationship. This study is based on a survey and primary data from 215 firms in Australia. This study uses multiple indicators for the concepts. Relationships are estimated by multiple regression analyses.Findings: Using survey data from 215 firms in Australia, the research findings confirm that coopetition in CRS can lead to improved firm performance, both in relation to financial and social performances. However, the association between coopetition in CRS and financial performance loses its significance when social performances is introduced as an additional control variable. Further, stakeholder attributes (i.e., effective power and legitimate stake) moderate the relationship between coopetition in CRS and firm financial performance. However, there was no evidence of moderation for the coopetition in CRS – firm social performance relationship.Research limitations/implications: This study contributes to both coopetition and corporate social responsibility research. This study demonstrates that improved firm performance may be achieved through the promotion of CRS initiatives when a coopetitive approach is adopted, particularly where an understanding of stakeholder attributes is also evident. Firms do not need to shoulder corporate social responsibility alone. They need to find well-fitting partners. There are new ways to improve sustainability in terms of nature and human relationships.Practical implications: Firms do not need to shoulder Corporate Social Responsibility (CSR) alone. They need to find well-fitting partners.Originality/value: This study provides very novel insights by having integrated the literature on coopetition, corporate social responsibility and sustainability resulting in a new conceptual framework that combines coopetition in CRS and performance. The new conceptual framework has both practical and research implications for coopetition in CRS and firm performance.

Growth of the small and medium‐size enterprise (SME) sector is traditionally an important driver of overall economic growth, particularly in emerging economies. SME growth is enhanced by access to finance (financial inclusion). In this study, we show that efficient working capital management has a positive influence on performance that is independent of the effect of financial inclusion. Our results remain robust to alternative measurements and estimations, and may be useful to national policy‐makers in developing strategies for SMEs' greater access to finance and introducing ways of improving financial management education and training for SME managers.

Purpose: The purpose of this study is to understand how the business environment of a country has an impact on cash management policies of the firms and also to investigate if there is any asymmetry in cash adjustment dynamics when a firm deviates from its long-term target of cash holdings.Design/methodology/approach: Using a sample of seven emerging Asian countries in the period 2001–2019, the authors investigate the role of country specific variables in the corporate cash holdings and their cash adjustment mechanism. They use the panel data regression method to estimate the results.Findings: The authors find that the overall financial development of a country has a significant impact on corporate cash holdings and cash adjustment dynamics. When a firm has excess cash, the speed of adjustment towards the target is faster as compared to when it has deficit cash holdings. Further, when a firm holds excess cash, it adjusts towards the target using cash from investments; in case of deficit cash holdings, the adjustment happens via cash from financing activities.Practical implications: The results of the study are helpful to corporate managers as these are important references to them to understand and design cash management policies by considering factors that are measured at the country level. It also provides them a clearer understanding about the role of corporate board and information asymmetry in cash holdings.Originality/value: This is the first study which examines the role of country-specific variables on corporate cash holdings and their adjustment mechanism of firms in emerging Asia. Further, the study extends the literature by providing new evidence that there is asymmetry in cash adjustment dynamics of firms after controlling for the overall financial development of a country.

This study explores if the value priorities and their impact on future managers' attitudes towards environmental responsibilities vary with gender. While relevant prior studies mostly focus on gender‐based variations of individuals' personal values in developed economies, we concentrate on both personal values and pro‐environmental attitudes in an emerging economy. This study is built on MBA students (a proxy for future managers) in India since India is characterized as a male‐dominated society and a producer of larger number of MBA graduates. Overall, our results show that personal values and attitude towards environmental responsibilities do not vary significantly with gender. Only two values (among the 21 values) and one value type (out of 10 values) get significantly higher ranking from females compared with males. Further, although ‘universalism’ and ‘benevolence’ are found to have a statistically significant impact on respondents' attitude towards environmental responsibility, the latter is invariant to the respondents' gender. Our findings may indicate India's transformation from a male‐dominated society towards a more gender‐balanced society. These findings can be used to operationalize a pro‐environmental recruitment policy and to formulate strategies to improve female participation in MBA cohorts of business schools.

By simply modifying management decisions towards an environmentally friendly approach, organisations can minimise their negative operational impacts on the environment. A key question is whether a manager’s pro-environmental decision-making behaviour can be determined by their personal characteristics. Our study hypothesised that three core attributes (personal values, attitudes, and subjective norms) of a person can predict their future pro-environmental behavioural intention — the closest proxy of actual pro-environmental behaviour. Using the theoretical lenses of Value-Attitude-Behaviour theory (VAB) and Value-Belief-Norm theory (VBN), we examined the roles of three core attributes of future business leaders (MBA students) on their intention to behave pro-environmentally. The results of structural equation modelling indicate that future managers’ environmental values, attitudes, and subjective norms are positively associated with their intentions related to pro-environmental behaviour. Mediation test of the structural model further indicates that environmental attitudes mediate the link between personal values and intention; however, subjective norms does not. Our results imply that effective recruitment and selection mechanisms may incorporate these attributes to assist organisations in the identification of environmentally responsible business leaders. By hiring environmentally responsible managers, organisations will be able to better fulfil their commitment towards sustainability outcomes.

Motivated by legislation mandating CSR expenditure to improve social equality and economic development in India, we examine the association of CSR expenditure and financial inclusion with the performance of banking firms in the period after introduction of the legislation. We study whether mandated CSR expenditure and/or financial inclusion measures are associated with better financial performance, using both accounting and stock market measures of performance, for Indian banks during 2015–2017. Our results demonstrate that level of CSR expenditure and degree of financial inclusion is not associated with banks’ financial performance when performance is measured in accounting terms. However, a significant negative association is found when performance is measured by stock market return. These results suggest that the current design of the legislation is unlikely to achieve its purpose. This is the first study to present clear evidence on the associations of mandatory CSR spending and firm‐level financial inclusion with accounting‐based and market‐based bank performance.