IMPACT : International Journal of Research in Business Management

7-28

Authors: ZEINAB ABBAS ZAAZOU

The concept “corporate governance” has become one of the main pillars that must underpin economic units. It is one of the most prominent and important frameworks in the regional and international institutions and organizations. Corporate governance importance increased due to the economic change found place in the end of last century after the fall of communism system. This new economic system greatly depends on private companies, which are keen to study, analyze and apply governance framework. One of the most important institutions which are very much interested in the concept are: the International Monetary Fund (IMF) and the Organization of Economic Cooperation and Development (OECD). For all the above-mentioned information, the study presents an analytical review of the corporate governance concept, the importance of its determinants, the advantages and objectives of governance framework and its impact on companies’ and countries’ development. Also, the paper will briefly analyze the level of implementing good governance practices in Egypt prior and after the January 2011 revolution. And it will also shed the light on the Egyptian experience in applying corporate governance framework through a comparative study between the year 2005 and the year 2010. At the end, the researcher will present few general recommendations regarding how companies should apply a good governance framework; and will present few special recommendations for the Arab countries and Egypt to follow in order to attain a successful implementation of corporate governance. At last, the researcher will emphasize on areas for future research to be considered

43-50

Authors: P. VENKATESWARLU & B. KRISHNA REDDY

The primary aim of working capital management of any business firm is to maintain a balance between two contradictory factors i.e. liquidity and profitability. It depends upon the financing of working capital of the firm. A business firm can explore various sources of financing to meet its investment in current assets. Generally the long term sources of finance provide support for a relatively small proportion of current assets requirements. On the other hand, short-term sources provide for a major portion of investment in current assets. Depending upon the extent of the use of long term and short term sources to finance its current assets, a firm is said to be following conservative or aggressive or matching approach. This paper makes an attempt to analyze the pattern of financing the current assets in select cement companies and also examine the over or under-utilization of bank finance for working capital requirements when compared to the norms of Tandon Committee. The analysis of financing of current assets revealed the heavy dependence of the select units on short term borrowings, account payables and other current liabilities. Long term sources have minor share in this regard. It is further found that excesses borrowings were noticed in all units except DCL as per first method and in all units as per second method in some years during the study period

63-74

Authors: R. KAVERI & A. JOHN WILLIAM

The study of consumer behavior is concerned not only with what consumers buy, but also with what they buy it, when, from where and how they buy it and how often they buy it. It is concerned with learning the specific meanings that products hold for consumers further the study portrays the consumer perception on gold jwellery perhaps the main attraction of branded jewels is that they have a unique style of their own that differentiates them from others further The objective of the study is to get response about various factors affecting the buying behaviour of jewellery products from the study it was identified that behind purchasing jewellery price, purity and design wshich scores the maximum