ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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A Consortium Proposal to the SDR Basket Countries

On 30 March 2020, the United Nations Conference on Trade and Development (UNCTAD) called for a $2.5 trillion COVID-19 crisis package for developing countries. 1 The UNCTAD proposals were: (i) $1 trillion to be made available through the expanded use of the International Monetary Fund (IMF) issued...

Evaluating Institutional Disruption

In India, from the late 1960s to the early 2000s, a consortium of three premier financial institutions gave projects long-term loans based on tangible assets. The consortium was abandoned in 2001. A transition away from the institutional logics of consortium financing is associated with a rise in the research and development activity of pharmaceutical firms. Changes in financial sector rules impacted Indian firms’ capability transformation. Management research needs to consider institutional logics changes in assessing the influence of financial factors on firms’ capabilities creation.
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