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In modern dynamic market environment, business firms need to have the capability to adapt to new environmental settings and be open to innovation for ensuring survival and growth. Unusual environment like Covid-19 pandemic brought drastic changes in the way business is done. To accept inevitable changes, bricolage is often seen as indispensable element for adapting to emerging environment and for gaining competitive edge in the ever-changing market. Bricolage is the secret ingredient to successfully stay relevant in new environmental settings and overcome aftermath of disasters like, pandemic. It enables the firms to collect required information to avail of the emerging opportunities and help firms to convert challenges into opportunities. Therefore, the purpose of this study is to explore the role of bricolage as an adaptive strategy in resource constrained environment. The comprehensive review of extant literature is done to develop the propositions and explain the relationships between bricolage and its effectiveness in adapting to new situations. In the backdrop of above arguments, this study proposes a conceptual model based on the composition-based view (CBV) to explain the relationship between bricolage and adaptability to new world order. The study has managerial implications that, although adequate resource is necessary for smooth functioning of any firm, but sudden new circumstances demand capability to make do with whatever in the hand to come out of such circumstances successfully.

Keywords: Bricolage; Innovation; Resource Constraint; Composition-Based View

It is widely recognized that the public accounting profession lacks diversity, equity and inclusion, particularly in terms of the progress and success of people of color. Despite efforts to promote diversity and inclusion, people of color still face barriers to professional development and career advancement within public accounting firms. The study will focus on the racial diversification issues in the accounting industry. With a special focus on the experiences of people of color, we will conduct an in-depth literature analysis on diversity and inclusion in the accounting sector.This research study offers extensive data that demonstrate in order to be more successful and helpful to the community, accounting firms should consider promoting diversity. The research shows that firms can be more efficient and successful when there is an effort to increase diversity.

Keywords: Diversity, Equity, Inclusion, Accounting Profession, Business Success, People of Color

The study examined impact of contributory pension fund assets on Nigeria economy. The specific objective was to ascertain the impact of private sector pension contribution on gross domestic product in Nigeria and to determine the influence of public sector pension contribution on gross domestic product in Nigeria. The study period covered from 2004 to 2020. The stated hypotheses was analyzed with unit root test, descriptive statistic and multiple regression. The finding of the study revealed that private sector pension contribution LOG(PRSP) has positive and insignificant impact on gross domestic product in Nigeria and that public sector pension contribution LOG(PUSP) has positive and insignificant impact on gross domestic product in Nigeria. It was recommended PenCom should ensure effective monitoring, supervision and enforcement of the provision of the PRA 2004, which are the inevitable ingredients in the private sector pension contribution towards Gross Domestic Product (GDP).

Keywords: pension funds, private pension, public pension, contributory pension scheme, gross domestic product

Much attention is paid to the influences of the third country on outward FDI (OFDI) to a host country. However, this study focusses on the third country’s effects on China’s inward FDI (IFDI). Based on the heterogeneity and spatial interaction of countries along the Belt and Road (B&R), this study constructs a spatial panel model and uses IFDI data from 43 countries between 2006 and 2018 to test the factors that influence China’s IFDI. This research finds that: (1) The third country effects from countries along the B&R are negative, indicating that crowding-out effects dominate. But after the B&R Initiative was put forward, the crowding-out effects are weakening. For neighboring countries in the B&R, the total spatial impact is positive, indicating that there is a spillover effect. (2) Countries along the B&R that have higher GDP levels, higher trade dependence, and attract more investment from China, invest more in China.

Keywords: Third country effects, Inward FDI, the Belt and Road, Spatial dependence, Crowding-out effects

Human capital is the engine of both personal and national growth and hence expenditure on education is an investment. Educational choice, performance and attainment of individuals are influenced by various socoi-economic, demographic and environmental factors. This paper analyses the determinants of education attainment in India using the 2012 NSSO data and applying the ordered logit model. The logit estimates show that age, household income, and household size increase the probability of completing the educational levels. Male children have a higher probability of completing the highest level of education relative to female children. Hindu and Muslim individuals have a lower probability of completing the highest education while the log odds of completing a higher level of education are higher for Christians. The probability of completing the education level is relatively higher for scheduled castes compared to scheduled tribes. Salary earners have a slightly higher probability of completing the highest education level than the rural and agriculture dependents. The probability of educational transition is higher at the primary education level than the completion of college-level education. Hindus and urban children have a higher mean probability of completion of each level of education compared to Muslims and rural children.

Keywords: Educational attainment, educational transition, socioeconomic determinants, ordered logit estimation