The surveys based reports of international repute have the consensus that over the last couple of decades, service sector has grown by leaps and bounds around the globe. This sector provides more than 60 % of global output and, in many countries, an even larger share of employment. Developments in India’s services sector potentially have worldwide significance, given the rapidly increasing importance of India’s economy, which could be the third-largest in the world by a significant margin in 2050, measured at market exchange. Service sector is the major contributor to India’s strong recent GDP growth of 9.4% with more than 60% of its own share in the last year. The service sector led growth of Indian economy is picking up the tab by new sources of innovative financing and investments which have mainly emerged as an output of liberalization. The emergence of venture capital in the post LPG era has widened the scope of new and innovative source of finance and has now recognized the significance of venture capital and private equity as the most vibrant industry in the financial market. The statistics of Indian venture capital for the last 15 years reveal that the services sector has an average mind-boggling percentage share of 67% with an average annual growth of 66% justifying the larger chunk of share of services in GDP and its multiplier effect in total growth rate. The present paper makes an earnest attempt identify and discuss critical issues with respect to service sector led growth of Indian economy in post LPG regime and to find out the role of innovative sources of financing in the accelerated growth of service sector. The paper also takes into consideration of performance of services at the aggregated level is undertaken in terms of their shares in GDP with the aggregated share of services in venture capital/private equity. In paper the author has also made an attempt to find out relations between share of service sector in VC/PE investment and total GDP through correlation and multiple regression models. Accordingly the author has categorized different realms of venture capital/private equity as production and services. The services have been further classified into IT and non IT for the sake of study. The paper is structured beginning with introduction, conceptual and literature reviews objectives and hypothesis. The analysis of performance of aggregate service sector to GDP venture capital propped up growth and service sector has also been done. In fine the paper brings out a set of suggestions and recommendations along with a set of strategies for further affluence of Indian service sector well backed by venture capital/private equity in the Indian economy and to compete in global service led business.

Now-a-days, disclosure about CG is a fundamental theme of the modern corporate regulatory system, which encompasses providing information by a company to the public in a variety of ways. This study explores the “voluntary” CG practices of the 50 companies, over and above the mandatory requirements of Clause 49 of the Listing Agreement. In order to study the voluntary governance practices, voluntary CG disclosure index has been prepared. We have primarily used secondary sources of information, both from the Report on CG and the Annual Reports for the financial year 2003-04 and 2004-05. A total of 40 items has been selected from the CG section of the annual report for the study. A sample of 50 companies has been taken from four industries, viz., software, textiles, sugar and paper. Appropriate statistical tools and techniques have been applied for the analysis. It has been observed that the companies are following less than 50% of the items of disclosure index. Moreover, there is no significant difference among the disclosure scores of these four industries.

A design thinking concept is increasingly regarded by many strategists as a measure to generate innovative competitive strategies. The creative thinking process of designers is believed to stimulate out-of-the-box thinking and contribute to innovation in an organization. Regarding the influence of design thinking on the company’s innovativeness, the application of design thinking to business operations significantly enhances a firm’s innovativeness. Design thinking technique starts from developing a thorough understanding of customer needs and combine the customer knowledge with employees’ creative ideas. In addition, the technique emphasizes encouraging customers to be involved in all major steps to develop creative products/services. Innovativeness of a firm is thus developed. However, from empirical data analysis, design thinking does not have a direct relationship with performance. This is because the techniques mainly focus on improving the operating processes as well as developing creativity in product/service concepts. This does not directly result in higher performance. In brief, the application of design thinking in business management and operations brings creativity that can be developed into innovations for customers. It consequently leads to a better financial performance in the future.

This study investigates the cross-industry determinants of capital structure. Sample consists of firms from three main industries (textile, cement and power industry) of Pakistan. Five year data from 2005 to 2009 is collected for 199 firms out of which 149 firms from textile industry, 23 from cement industry and 27 from power industry. Leverage is taken as a dependent variable and Profitability, Size, Assets Tangibility, Growth and Non-debt tax shield are taken as independent variables. OLS regression analysis suggested that profitability and assets tangibility are two common determents which show the same results in all the three industries. All the other variables show different results across the industries. So results indicate that across the industry determinants of the capital structure are different.

This study was conducted to investigate the participation and factors influenced the participation of women in Sabah Banking Employees Union (SBEU). This study is a qualitative research with case study. The findings show that there is high participation of women in the union and in the administration position in the union. The women hold 80% of the administration position. The high participation of women in this union is related with the high participation of women in the banking industry. The other factors are the social background of the leader, high education, training skills in the union and leadership. The main contribution of the women to the union is the transformation of the union and towards the objectives of the union. The women leadership acts as the channel for the women issues, at the same time, for the workers issues in the union too.

The appropriate role of the state in economic and social development has been much disputed in the past decades, with earlier ideas about an interventionist state under attack from a neo-liberal perspective rooted in the neo-classical economics which emphasis the superiority of the market forces. This force has led to the agriculture land change in Taiwan. The loss of agriculture lands has been studies for many years. The losses have been occurring from the time the settlers arrived in Taiwan. The focus of the paper was to understand, through survey and content analysis, the role of government in the governance for agriculture land use. The examination of these stages of agriculture land use of Kaohsiung-Pingtung area in Taiwan will make a contribution to our understanding of the interaction of economic, administrative, and political processes for land changes in the age of globalization, and may suggest lessons for policy makers involved in these processes of change. The result of the paper also contributes to the literature on governance for agriculture land use and change.