Umesh Maiya - Academia.edu (original) (raw)
Papers by Umesh Maiya
Asia Pacific Journal of Research, 2014
A Mutual Fund is a trust that pools the savings of a number of investors who share a common finan... more A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The mutual fund industry in India started in 1963 with the formation of Unit Trust of India, at the initiative of the Government of India and Reserve Bank of India. A Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost. The primary objective of this paper is to study the risk perception of mutual fund investors of Udupi district. The relevant data has been collected through questionnaires where in, convenience random sampling has been employed. Majority of the investors perceive that investment in mutual funds involves moderate risk. There is an existence of a significant relationship between age and risk perception of mutual fund investors. A significant relationship has also been observed between income of the investors and their risk perception.
The purpose of this study is to overview the fair value concept that can be used by real estate c... more The purpose of this study is to overview the fair value concept that can be used by real estate companies by identifying the places where there is a possibility to apply fair value concept and appropriateness of applicability to a given scenario. Also an attempt has been made to bring out ways in which the fair valuation has been derived by real estate companies. The study has been restricted to application of fair value concept to immovable properties held by the real estate companies.
Job satisfaction is the favourabless or unfavourabless with which the employee views his work. It... more Job satisfaction is the favourabless or unfavourabless with which the employee views his work. It is a measure of how happy workers are with their job and working environment. Keeping moral high among workers can be of tremendous benefits to any company, as happy workers will be more likely to produce more, take fewer days off and stay loyal to the company. There are many factors which influence job satisfaction of employees. Job satisfaction is not same as the motivation, although it is clearly linked. Employee satisfaction is supremely important in an organization because this is where the productivity depends on. If our employees are satisfied they will produce superior quality and also they will be more likely to be creative, innovative and come up with to grow and changing market conditions.
Employees' State Insurance Scheme of India is an integrated social security scheme tailored t... more Employees' State Insurance Scheme of India is an integrated social security scheme tailored to provide protection to workers in the organized sector and their dependants in contingencies, such as sickness, maternity and death or disablement due to an employment injury or occupational disease. Towards this objective the scheme provides free full medical facilities to insured persons and their dependants, as well as, cash compensation for any loss of wages or earning capacity of an insured person. ESI scheme is a very large social security network. The scheme encompasses basic economic risks namely health, sickness, disability, death and maternity. It is different from other types of insurance like health insurance that it provides full amount of medical bill irrespective of the premium contribution. In these direction researcher made an attempt to study the nurses'' perception towards ESI with reference to select hospital in Udupi District.
The ongoing process of globalization and adoption of IFRS in India has significantly affected the... more The ongoing process of globalization and adoption of IFRS in India has significantly affected the direction of accounting. Again practice of multiple set of accounting standards and practices have increased the complexity of accounting in India. While accounting certain critical areas, the corporates are required to consider the effect of IFRS (i.e.Ind AS), IGAAP and also ICDS.The objective this study is interpretation of IFRS, Ind AS, IGAAP and ICDS while recognizing and valuing the tangible fixed assets. The study will demonstrate the similarities and differences between IFRS, IndAS, IGAAP and ICDS.
The IFRS adoption in India is hot subject due to its global acceptance, comparability and reliabi... more The IFRS adoption in India is hot subject due to its global acceptance, comparability and reliability of financial statements. This paper studied the relation between IFRS adoption and foreign investment. The population for the study is consists of practicing and employed chartered accountants. Random sampling method was adopted and primary data obtained from 215 responses. Results of study indicates that IFRS adoption in India will potentially to be beneficial to a wide range of stakeholders. Better access to and reduction in cost of capital raised from global market accepted as financial reporting frame work for companies. Adoption of IFRS resulted in better quality of financial reporting and resulted in increase in foreign investment.
This paper investigates suitability of accounting skills acquired during university education to ... more This paper investigates suitability of accounting skills acquired during university education to the accounting profession by tracing out the gap between accounting skills acquired during university education and accounting skills needed for the accountant. The paper also identifies the necessary actions to improve the accounting education programs. The study is of asking opinions of accountants to find out how much present accounting education contributes towards accounting skills needed by the accounting profession. Observation has shown that despite of efforts from the university in updating academic curriculum to suit the job requirements, there is huge gap between the accounting job skills and skills acquired in accounting education. The study shows lacking in field work and practical training which is necessary for accounting profession among the youth. They should undergo different type's external training before they go for interview. Universities should inculcate these ...
The continued growth, focus on globalisation and liberalisation andattraction of foreign capital ... more The continued growth, focus on globalisation and liberalisation andattraction of foreign capital to domestic ventures has made necessary for the accounting world to have common set of accounting and reporting. More than 150 countries have adopted IFRS and India is not an exception. The Institute of Chartered Accountants of India (ICAI) attempts to provide this transparency by implementing accounting standards and revision of existing standards. To bring the Indian Accounting Standards in line with International Financial Reporting Standards (IFRS) ICAI started convergence of IndianAccounting Standards. Researchers have made an attempt to study the revised road map for implementation of IFRS in India, to through a light on International Accounting Standards, and to highlight the present Accounting Standards in India.
Asia Pacific Journal of Research, 2014
A Mutual Fund is a trust that pools the savings of a number of investors who share a common finan... more A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The mutual fund industry in
Since the success of Performance Management System (PMS) depends very much on the human factor, a... more Since the success of Performance Management System (PMS) depends very much on the human factor, an attempt was made to study the overall Perception of the employee’s towards implementation of PMS and organization success through PMS, IT sectors in Karnataka State. An analysis of findings indicates that 66%of the respondents opined that implementation of PMS is a must, 10.9% of them opined that it is necessary, 7.8% of them opined that it is not necessary and 15.2% of them opined that it is not at all necessary. Chi-Square Test shows that there is significance difference in the amount of responses ( p <0.001, HS) in perception among the various components of organizational success. In other words, components such as PMS is better than traditional performance appraisal, PMS aims at introducing innovative technology and methods to achieve organizational goal, PMS is effective in an organization and a good employee performance appraisal system is a pre-requisite for an effective PMS,...
Stress is much in the news at present but it isn't a new problem. Pressure is part and parcel... more Stress is much in the news at present but it isn't a new problem. Pressure is part and parcel of all work and helps to keep us motivated. But excessive pressure can lead to stress which undermines performance, is costly to employers and can make people ill. Research reveals that many working days are lost to stress, depression and anxiety. Work-related stress costs a huge burden to the society. Stress takes many forms as well as leading to anxiety and depression it can have a significant impact on an employee's physical health. Research links stress to heart disease, back pain, headaches, gastrointestinal disturbances and alcohol and drug dependency. Individuals are more willing to admit that they are suffering from stress if they can expect to be dealt with sympathetically. In some cases good counseling may be all that is needed. This paper aims at studying the stressors that affects an individual at work, to examine the effects of stress and suitable measures which employe...
A Mutual Fund is a trust that pools the savings of a number of investors who share a common finan... more A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The mutual fund industry in India started in 1963 with the formation of Unit Trust of India, at the initiative of the Government of India and Reserve Bank of India. A Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost. The primary objective of this paper is to study the risk perception of mutual fund investors of Udupi district. The relevant data has been collected through questionnaires where in, convenience random sampling has been employed. Majority of the investors perceive that investment in mutual funds involves moderate risk. There is an existence of a significant relationship between age and risk perception of mutual fund investors. A significant relationship has also been observed between income of the investors and their risk percep...
Descriptive survey conducted among 67 nursing faculty towards their perceptions and attitude towa... more Descriptive survey conducted among 67 nursing faculty towards their perceptions and attitude towards quality of Work-Life showed that majority, 58 (86.57%) experienced well balanced work-life, 9 (13.43%) expressed moderately balanced work -life and none of them rated under poor work-life balance. Data regarding job satisfaction showed majority 35 (52.24%) had moderate job satisfaction and 32 (47.76%) had high job satisfaction. The correlation between work life balance and job satisfaction showed positive correlation (r= 0.77) which can be inferred saying that high quality of work life balance will improve job satisfaction and vice versa. Initiatives opined by the respondents related to the working atmosphere of the employees in terms of ranks assigned on priority basis are - flexible hours of working, more time to think and frame work, money of course and then timely promotion were the first four ranks assigned by the respondents when asked about their initiatives for better work li...
The Indian corporate sector was fabulously liberal in increasing the size of the workforce, espec... more The Indian corporate sector was fabulously liberal in increasing the size of the workforce, especially in the public sector, during the pre-liberalization period. The Indian government‟s policies pertaining to strengthening the public sector, employment generation, pampering trade unions, and reckless recruitment based on political expediency resulted in overstaffing and consequent human resource problems. With the dawn of Liberalization, Privatization, and Globalization (LPG) in 1991, the Indian corporate sector was forced to compete in the global market by focusing more on productivity, profitability, service excellence, quality, innovation, and cost containment. During the 1990s, many Indian organizations resorted to cost-cutting exercises through downsizing the workforce, and considered the organizational restructuring as a powerful and inevitable tool of earning and sustaining competitive advantage. This article focuses on the key drivers; benefits and costs of downsizing from ...
Globalization, changing technology, and gro wing economies are constantly presenting new challeng... more Globalization, changing technology, and gro wing economies are constantly presenting new challenges and creating new opportunities for people. With these change in people's perceptions regarding their jobs are also changing. In this grow-or-die marketplace, the success of any organization relies onits workforce. Satisfied and committed employees are the most significant assets of any organization,Job satisfaction and occupational success are major factors in personal satisfaction, self -respect, self-esteem, and self-development. A satisfied worker is more likely to be creative, flexible, innovative and loyal. In these direction researcher made an attempt to study the job satisfaction among teaching staff of a medical college.
International Journal of Management Studies, Jan 30, 2019
Downsizing is a deceptively complex construct that is conflated with a variety of synonymous term... more Downsizing is a deceptively complex construct that is conflated with a variety of synonymous terms, including rightsizing, resizing, restructuring, de-layering, and redundancies. Downsizing, rightsizing, restructuring the human resource or organisation are the common term used to reduce the employee size in an organisation. For this different schemes were introduced like Voluntary retirement scheme, Golden handshake, Compulsory retirement scheme, Early exit option scheme. In this paper researchers made an attempt to study the conceptual review on the organisation downsizing.
Asia Pacific Journal of Research, 2014
A Mutual Fund is a trust that pools the savings of a number of investors who share a common finan... more A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The mutual fund industry in India started in 1963 with the formation of Unit Trust of India, at the initiative of the Government of India and Reserve Bank of India. A Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost. The primary objective of this paper is to study the risk perception of mutual fund investors of Udupi district. The relevant data has been collected through questionnaires where in, convenience random sampling has been employed. Majority of the investors perceive that investment in mutual funds involves moderate risk. There is an existence of a significant relationship between age and risk perception of mutual fund investors. A significant relationship has also been observed between income of the investors and their risk perception.
The purpose of this study is to overview the fair value concept that can be used by real estate c... more The purpose of this study is to overview the fair value concept that can be used by real estate companies by identifying the places where there is a possibility to apply fair value concept and appropriateness of applicability to a given scenario. Also an attempt has been made to bring out ways in which the fair valuation has been derived by real estate companies. The study has been restricted to application of fair value concept to immovable properties held by the real estate companies.
Job satisfaction is the favourabless or unfavourabless with which the employee views his work. It... more Job satisfaction is the favourabless or unfavourabless with which the employee views his work. It is a measure of how happy workers are with their job and working environment. Keeping moral high among workers can be of tremendous benefits to any company, as happy workers will be more likely to produce more, take fewer days off and stay loyal to the company. There are many factors which influence job satisfaction of employees. Job satisfaction is not same as the motivation, although it is clearly linked. Employee satisfaction is supremely important in an organization because this is where the productivity depends on. If our employees are satisfied they will produce superior quality and also they will be more likely to be creative, innovative and come up with to grow and changing market conditions.
Employees' State Insurance Scheme of India is an integrated social security scheme tailored t... more Employees' State Insurance Scheme of India is an integrated social security scheme tailored to provide protection to workers in the organized sector and their dependants in contingencies, such as sickness, maternity and death or disablement due to an employment injury or occupational disease. Towards this objective the scheme provides free full medical facilities to insured persons and their dependants, as well as, cash compensation for any loss of wages or earning capacity of an insured person. ESI scheme is a very large social security network. The scheme encompasses basic economic risks namely health, sickness, disability, death and maternity. It is different from other types of insurance like health insurance that it provides full amount of medical bill irrespective of the premium contribution. In these direction researcher made an attempt to study the nurses'' perception towards ESI with reference to select hospital in Udupi District.
The ongoing process of globalization and adoption of IFRS in India has significantly affected the... more The ongoing process of globalization and adoption of IFRS in India has significantly affected the direction of accounting. Again practice of multiple set of accounting standards and practices have increased the complexity of accounting in India. While accounting certain critical areas, the corporates are required to consider the effect of IFRS (i.e.Ind AS), IGAAP and also ICDS.The objective this study is interpretation of IFRS, Ind AS, IGAAP and ICDS while recognizing and valuing the tangible fixed assets. The study will demonstrate the similarities and differences between IFRS, IndAS, IGAAP and ICDS.
The IFRS adoption in India is hot subject due to its global acceptance, comparability and reliabi... more The IFRS adoption in India is hot subject due to its global acceptance, comparability and reliability of financial statements. This paper studied the relation between IFRS adoption and foreign investment. The population for the study is consists of practicing and employed chartered accountants. Random sampling method was adopted and primary data obtained from 215 responses. Results of study indicates that IFRS adoption in India will potentially to be beneficial to a wide range of stakeholders. Better access to and reduction in cost of capital raised from global market accepted as financial reporting frame work for companies. Adoption of IFRS resulted in better quality of financial reporting and resulted in increase in foreign investment.
This paper investigates suitability of accounting skills acquired during university education to ... more This paper investigates suitability of accounting skills acquired during university education to the accounting profession by tracing out the gap between accounting skills acquired during university education and accounting skills needed for the accountant. The paper also identifies the necessary actions to improve the accounting education programs. The study is of asking opinions of accountants to find out how much present accounting education contributes towards accounting skills needed by the accounting profession. Observation has shown that despite of efforts from the university in updating academic curriculum to suit the job requirements, there is huge gap between the accounting job skills and skills acquired in accounting education. The study shows lacking in field work and practical training which is necessary for accounting profession among the youth. They should undergo different type's external training before they go for interview. Universities should inculcate these ...
The continued growth, focus on globalisation and liberalisation andattraction of foreign capital ... more The continued growth, focus on globalisation and liberalisation andattraction of foreign capital to domestic ventures has made necessary for the accounting world to have common set of accounting and reporting. More than 150 countries have adopted IFRS and India is not an exception. The Institute of Chartered Accountants of India (ICAI) attempts to provide this transparency by implementing accounting standards and revision of existing standards. To bring the Indian Accounting Standards in line with International Financial Reporting Standards (IFRS) ICAI started convergence of IndianAccounting Standards. Researchers have made an attempt to study the revised road map for implementation of IFRS in India, to through a light on International Accounting Standards, and to highlight the present Accounting Standards in India.
Asia Pacific Journal of Research, 2014
A Mutual Fund is a trust that pools the savings of a number of investors who share a common finan... more A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The mutual fund industry in
Since the success of Performance Management System (PMS) depends very much on the human factor, a... more Since the success of Performance Management System (PMS) depends very much on the human factor, an attempt was made to study the overall Perception of the employee’s towards implementation of PMS and organization success through PMS, IT sectors in Karnataka State. An analysis of findings indicates that 66%of the respondents opined that implementation of PMS is a must, 10.9% of them opined that it is necessary, 7.8% of them opined that it is not necessary and 15.2% of them opined that it is not at all necessary. Chi-Square Test shows that there is significance difference in the amount of responses ( p <0.001, HS) in perception among the various components of organizational success. In other words, components such as PMS is better than traditional performance appraisal, PMS aims at introducing innovative technology and methods to achieve organizational goal, PMS is effective in an organization and a good employee performance appraisal system is a pre-requisite for an effective PMS,...
Stress is much in the news at present but it isn't a new problem. Pressure is part and parcel... more Stress is much in the news at present but it isn't a new problem. Pressure is part and parcel of all work and helps to keep us motivated. But excessive pressure can lead to stress which undermines performance, is costly to employers and can make people ill. Research reveals that many working days are lost to stress, depression and anxiety. Work-related stress costs a huge burden to the society. Stress takes many forms as well as leading to anxiety and depression it can have a significant impact on an employee's physical health. Research links stress to heart disease, back pain, headaches, gastrointestinal disturbances and alcohol and drug dependency. Individuals are more willing to admit that they are suffering from stress if they can expect to be dealt with sympathetically. In some cases good counseling may be all that is needed. This paper aims at studying the stressors that affects an individual at work, to examine the effects of stress and suitable measures which employe...
A Mutual Fund is a trust that pools the savings of a number of investors who share a common finan... more A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The mutual fund industry in India started in 1963 with the formation of Unit Trust of India, at the initiative of the Government of India and Reserve Bank of India. A Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost. The primary objective of this paper is to study the risk perception of mutual fund investors of Udupi district. The relevant data has been collected through questionnaires where in, convenience random sampling has been employed. Majority of the investors perceive that investment in mutual funds involves moderate risk. There is an existence of a significant relationship between age and risk perception of mutual fund investors. A significant relationship has also been observed between income of the investors and their risk percep...
Descriptive survey conducted among 67 nursing faculty towards their perceptions and attitude towa... more Descriptive survey conducted among 67 nursing faculty towards their perceptions and attitude towards quality of Work-Life showed that majority, 58 (86.57%) experienced well balanced work-life, 9 (13.43%) expressed moderately balanced work -life and none of them rated under poor work-life balance. Data regarding job satisfaction showed majority 35 (52.24%) had moderate job satisfaction and 32 (47.76%) had high job satisfaction. The correlation between work life balance and job satisfaction showed positive correlation (r= 0.77) which can be inferred saying that high quality of work life balance will improve job satisfaction and vice versa. Initiatives opined by the respondents related to the working atmosphere of the employees in terms of ranks assigned on priority basis are - flexible hours of working, more time to think and frame work, money of course and then timely promotion were the first four ranks assigned by the respondents when asked about their initiatives for better work li...
The Indian corporate sector was fabulously liberal in increasing the size of the workforce, espec... more The Indian corporate sector was fabulously liberal in increasing the size of the workforce, especially in the public sector, during the pre-liberalization period. The Indian government‟s policies pertaining to strengthening the public sector, employment generation, pampering trade unions, and reckless recruitment based on political expediency resulted in overstaffing and consequent human resource problems. With the dawn of Liberalization, Privatization, and Globalization (LPG) in 1991, the Indian corporate sector was forced to compete in the global market by focusing more on productivity, profitability, service excellence, quality, innovation, and cost containment. During the 1990s, many Indian organizations resorted to cost-cutting exercises through downsizing the workforce, and considered the organizational restructuring as a powerful and inevitable tool of earning and sustaining competitive advantage. This article focuses on the key drivers; benefits and costs of downsizing from ...
Globalization, changing technology, and gro wing economies are constantly presenting new challeng... more Globalization, changing technology, and gro wing economies are constantly presenting new challenges and creating new opportunities for people. With these change in people's perceptions regarding their jobs are also changing. In this grow-or-die marketplace, the success of any organization relies onits workforce. Satisfied and committed employees are the most significant assets of any organization,Job satisfaction and occupational success are major factors in personal satisfaction, self -respect, self-esteem, and self-development. A satisfied worker is more likely to be creative, flexible, innovative and loyal. In these direction researcher made an attempt to study the job satisfaction among teaching staff of a medical college.
International Journal of Management Studies, Jan 30, 2019
Downsizing is a deceptively complex construct that is conflated with a variety of synonymous term... more Downsizing is a deceptively complex construct that is conflated with a variety of synonymous terms, including rightsizing, resizing, restructuring, de-layering, and redundancies. Downsizing, rightsizing, restructuring the human resource or organisation are the common term used to reduce the employee size in an organisation. For this different schemes were introduced like Voluntary retirement scheme, Golden handshake, Compulsory retirement scheme, Early exit option scheme. In this paper researchers made an attempt to study the conceptual review on the organisation downsizing.