Sustainability-driven growth and workforce development: Training for the future of green business Gitu Nijhawan, Saurabh Chandra, Ruchi Tripathi, Vinay Pratap Singh, and S. Savitha IGI Global This chapter shows how sustainable business is key to creating new growth in the form of better job opportunities and career empowerment. As sustainability becomes more integral to companies' operations, there will be a further increased demand for professionals who understand and know how to apply the practice. This chapter discusses the incorporation of sustainability into training programs and how such initiatives go a long way toward the building of resilient job markets that allow people to progress in their careers. It will showcase examples of companies where the adoption of sustainable development yields a huge growth in the business and fosters innovation and competitiveness. The chapter calls for an analysis of the challenges and opportunities related to the design of training programs that can match the emergent demand required in the Green Economy. Finally, it underlines that strategic training has to be an effective instrument for providing the labor force with the necessary skills to prosper in the sustainable business landscape.
Impact of corporate governance policies on voluntary corporate disclosure of listed companies in India Saurabh Chandra and Bhumika Muchan IGI Global Significant corporate governance mechanisms positively influence voluntary corporate disclosure practices among listed companies in India. The level of voluntary corporate disclosure in annual reports of Indian companies is determined by factors such as board size, board independence, board diversity, ownership concentration, and the presence of key committees (audit, nomination, and remuneration committees).Compliance with corporate governance regulations and requirements significantly impacts voluntary corporate disclosure practices in India. This research focuses on the interaction between corporate governance and voluntary disclosure in the workplace. In fact, determining the factors that determine corporate governance and the amount of disclosure, and knowing the process of corporate governance is essential. The primary goal of this article is to learn how governance systems, both internal and external, affect the data published in annual reports. The question of whether managers reveal more or less will also be addressed.
Augmented reality and virtual reality in health advancements and medical education: Runway for future ready healthcare services Bhupinder Singh and Saurabh Chandra IGI Global AR is fostering a revolution in medical education by offering an interactive, immersive experience. It enhances comprehension and knowledge retention by enabling the exploration of 3D anatomical models and medical scenarios in a virtual environment. The fusion of AR and VR technology is the most intriguing development and this synergy in telemedicine enables doctors to communicate with patients over distances while having access to crucial patient information and virtual surroundings. Clinical practice and medical education which make up the core of our modern healthcare system have long been ripe for innovation. This chapter presents a thorough and insightful examination of how AR and VR are being used in clinical practice and medical education to modernize healthcare. It also highlight how AR and VR are influencing patient care and engagement, demonstrating how new technologies are promoting a more patient-centered approach to healthcare.
Innovative wind energy solutions for smart-sustainable communities: Vision for intelligent energy management and climate resilience in industry 5.0 Bhupinder Singh, Hind Hammouch, and Saurabh Chandra IGI Global As the transition to Industry 5.0 gains steam, and new socially-conscious smart communities emerge in its wake, innovative wind energy solutions remain equally important for sustainable future growth of today´s human-centric environmentally conscious technology advancements. Advanced wind turbines when combined with smart grid technologies and energy management systems can improve the cost efficiency of communities; bring down their carbon footprints helping to achieve climate resilience. Modern solutions for wind energy utilizes IoT sensors and data analytics to maximize the performance of turbines, predict when energy will be produced, and adapt in real-time to changing environmental factors. This chapter focuses on the intelligent energy management vision epitomizes the widespread application of advanced technologies to make sure our cities and communities resilient while using clean energy.
Framework for corporate governance: Indian perspectives on gender inclusive governance Saurabh Chandra and Simran Sharma IGI Global Corporate governance refers to the controls, procedures, and relationships that govern corporations. It consists of the policies and procedures for making business decisions as well as the methods used to create and pursue an organization's goals in the context of the social, regulatory, and market environments. Monitoring corporate policies, practices, and choices, as well as those of their agents and other stakeholders, is a function of governance structures. The rights and obligations of the various members of the corporation are defined by the governance structures and principles. Corporate governance in India is governed by various laws, regulations, and guidelines that aim to ensure transparency, accountability, and responsible management of companies. The framework for corporate governance in India includes both mandatory requirements as well as voluntary guidelines. In recent years, there has been a growing recognition worldwide of the importance of gender-inclusive governance in corporate structures. This recognition stems from the understanding that diverse perspectives, including those of women, are essential for effective decision-making, risk management, and sustainable business practices. In the Indian context, where gender disparities have historically been prevalent, there has been a push to introduce frameworks and guidelines to promote gender-inclusive corporate governance. Globally, the call for more gender diversity on corporate boards has been gaining momentum. The Companies Act, 2013 in India also recognizes the importance of gender diversity and provides for mandatory appointment of atleast one women director in the listed and other specified class of companies. In the past years, there have been a variety of instances when a corporate crisis has been caused by systematic fraud against investors that involves deception and suppression of crucial information that would-be investors should be aware of. This paper discusses legislative perspectives on the framework for corporate governance in India, specifically focusing on gender inclusion.
Biometric authentication and theft alert system for motorcycles using IoT Suhasini Shashikant Goilkar, Somarouthu V. G. V. A. Prasad, P. Madhu, Shashikant Shripatrao Goilkar, and Saurabh Chandra IGI Global An important development in theft prevention and user convenience is the incorporation of IoT technology and biometric authentication into motorcycle security systems. The conventional key-based systems that offer real-time monitoring and alarms can be replaced by biometric systems. Biometric authentication—which makes use of fingerprint scanners or facial recognition cameras—improves user experience and security by doing away with the need for keys or passwords, and IoT technology tracks motorcycle movements that aren't normal, allowing for real-time notifications through a smartphone app in the event of theft. Manufacturers can better understand user behavior and improve product features through the gathering and analysis of data on usage patterns, environmental conditions, and security breaches. This process improves security systems.
AI-Driven Quantitative Evaluation of the Impact of Financial Regulations and HR Marketing on Bank Performance A Cross-Country Analysis Tanukonda Jagadeeswari, Swati Aggarwal, Renuka Pediredla, Saurabh Chandra, Monika Gupta, and Sivakoteswararao Katta IEEE This study looks at the impact of AI-related terminology on financial performance as well as the frequency and extent to which Jordanian banks discuss and apply AI technology in their operating procedure. The distribution of AI and related information in the textual data of the annual report is examined using content analysis. The disclosure of AI-related terminology has been expanding gradually since 2014, according to a regression study of 115 annual reports covering the years 2014-2021 from 15 Jordanian banks listed on the Amman Stock Exchange. However, it appears that Jordanian financial institutions are only dabbling in AI, as some of them have disclosed very little. According to the results, institutions' financial performance is affected by the release of AI-related terminology. This confirms what some have suspected all along: that accounting performance is enhanced by AI in terms of ROA and ROE, while costs are reduced in all other areas. Additionally, it supports the widely held view that AI may boost profits while decreasing expenses. In a number of ways, this research adds to the expanding canon of artificial intelligence literature, particularly that which deals with AI voluntary disclosure. First, it gauges the current state of AI adoption in practice by creating an AI disclosure index, which gives an objective measurement of AI's usage. Secondly, it sheds light on how financial performance relates to AI disclosure. As a third point, it emphasises the necessity for disclosure guidance rules and backs the work of legislators, international authorities, and supervisory organisations to confront AI disclosure challenges. In the end, it helps those working in banking who are implementing AI-driven process transformations and lends credence to the idea that financial organisations would benefit from increased transparency regarding AI and better informed decision-making.
Implications of Compulsory License Under WTO TRIPS Regime Saurabh Chandra and Suparna Kundu IGI Global The beginning of humankind marks trade and exchange of goods and services across borders. In the earliest days, goods were exchanged for goods; this was termed as a barter system. With globalization and liberalisation of trade, goods and services travel across nations. In order to regulate these trading activities, a uniform set of rules and guidelines are required so as not to discriminate against nations and ensure peace and stability on a global level. The WTO which regulates these trading activities was formed so as to promote free and fair movement of trade, facilitate trade without discrimination, fair competition, etc. This chapter examines the utilization of compulsory licensing provisions within the TRIPS framework, focusing on India's experience and its implications for public health and intellectual property rights (IPR). Through a comprehensive analysis of legal frameworks, case studies, and policy implications, it elucidates India's approach to compulsory licensing, highlighting its role in enhancing access to essential medicines while balancing competing interests.
The Influence of Fair Treatment in the Workplace on Employee Diligence and Corporate Social Responsibility: A Viewpoint from the Banking Industry Alpana Agarwal, Meenakshi Kaul, Saurabh Chandra, Shailender Singh, and Aditya Kumar Gupta IEEE This study looks at the link between organizational justice as seen by employees, job conscientiousness, and social responsibility in the context of private bank employees. The study's cross-sectional design method looked at workers with less than one year of experience. Participants answered standardized questionnaires to assess their views on social responsibility, job conscientiousness, and organizational justice. Regression analysis is done on the data. Social responsibility, work ethics, and organizational fairness. According to our findings, substantial link between organizational justice and social responsibility and job conscientiousness. These results led the study's authors to advise bank managers to modify their management procedures in order to lessen emotions of authoritarianism and to take proactive measures to improve employee productivity in the long term.