DME Journal of Management <p>DME Journal of Management is a peer-reviewed and interdisciplinary academic biannual journal. The objective of the journal is to promote individual and collaborative research on contemporary management practices and paradigms.</p> <p>The journal will invite papers on diverse areas such as finance, accounting, marketing, operations management, human resource management, statistics, international business, information technology, environment, risk management, globalization and related areas. Articles reflecting diversity, cross-functional nature of management and emerging concerns are also considered for publication.</p> Delhi Metropolitan Education en-US DME Journal of Management 2582-9432 Exploring Climate Finance Initiatives: A Case Study of Indian Banks’ Role in Climate Development <p>This study delves into the realm of climate finance initiatives, focusing particularly on the role of Indian banks in fostering Climate development. With climate change posing significant challenges globally, financial institutions have been increasingly pressured to align their strategies with Climate practices. Through a comprehensive analysis of Indian banks’ approaches to climate finance, this research examines the extent to which these institutions are contributing to mitigating environmental risks and promoting Climate development goals. By employing a mixed-methods approach, including qualitative interviews and quantitative data analysis, the study provides insights into the strategies, challenges, and impacts of climate finance initiatives within the Indian banking sector. The findings underscore the importance of proactive engagement by banks in Climate finance practices to address climate change and support long-term economic and environmental sustainability.</p> Ashok Sengupta Copyright (c) 2024 DME Journal of Management 2024-07-12 2024-07-12 5 01 1 8 10.53361/dmejm.v5i01.01 Green Finance as Propeller to Sustainable Development in India <p>The requirement for utilizing renewable energy sources and eco-friendly practices has significantly expanded in consideration of the problems associated with environmental deterioration and an abrupt decrease in the quality and availability of natural resources. The United Nations has also urged businesses to switch from fossil fuels to renewable and ecologically sustainable methods. To accomplish the Sustainable Development Goals, several nations have commenced the shift from economic expansion to green productivity strategies, such as green finance and green innovation. The focus of the corporate sector is now on greening the business processes to address environmental sustainability challenges. Green finance represents an innovative financial approach embraced by financial institutions that combines environmental conservation with economic gains. The primary objective of this research is to assess the role of green finance in propelling India towards sustainability and to analyse the efforts of the Indian government, regulatory authorities, and financial institutions in promoting green financing through diverse initiatives to achieve sustainability. A qualitative approach has been used to provide in-depth insights and explore the complexities of the issue. Additionally, the research also focused on exploring the various challenges encountered in the realm of green finance, while also contemplating the prospective pathways and strategies that could shape the future trajectory of green finance in India.</p> Anuradha Sahu Shweta Khatri Copyright (c) 2024 DME Journal of Management 2024-07-12 2024-07-12 5 01 9 17 10.53361/dmejm. v5i01.02 Dynamics of Organizational Justice: Perceptions of Diverse Human Resource across Various Sectors <p>Empirical Evidences have profoundly highlighted the prominence of perceived justice &amp; fairness by employees and its impact on various aspects of their organisational behavior with their citizenship behavior, work involvement and tendency to stay as few salient amongst them. In the current era of Globalization, Diversity Management has emerged an important domain of focus for the authority overseeing Human Resource of any organisation.<br />The objective of the present study was to study both these aspects and thus derive the relation on how a diverse human resource relates to perceptions of justice. The data in the study was collected through purposive sampling from 105 participants by administering the Organisational Justice Scale (Colquitt, 2001). The diversity in the data was introduced with factors demographic factors as age where it ranged from 21 to 60, gender &amp; work experience. Other key features of data in this regard were that it was collected from both Public &amp; Private organisations, and the sectors such as Manufacturing, Information Technology, Social Security, Banking &amp; Finance, Hospitality and Education were included. The study which used descriptive statistics to analyse the data, found a high negative correlation of age with perception of Informational Justice, whereas low correlation was found with Distributive and<br />Procedural Justice. The mean score of Procedural Justice was found to be higher amongst Private employees in comparison to Public whereas for Distributive Justice it was found to be higher among Public employees. Other major findings in terms of Descriptive Statistics were found while studying the data sector wise. The study suggests that in order to ascertain an effective and efficient diverse human resource at organisation, the management of fairness perception of employees is a key component to be kept in focus by the management</p> Harsh Vardhan Prashant Copyright (c) 2024 DME Journal of Management 2024-07-12 2024-07-12 5 01 18 23 10.53361/dmejm. v5i01.03 Leveraging Artificial Intelligence In Business Activation: Legal and IPR Perspectives <p>This paper delves into the burgeoning intersection of Artificial Intelligence (AI) and business activation, scrutinizing the legal and Intellectual Property Rights (IPR) perspectives that govern this integration. The research adopts a doctrinal methodology, drawing insights from contemporary literature including books, journals, and papers. It aims to comprehensively understand AI’s role in business processes and the ensuing legal implications. The study commences with an exploration of AI’s escalating influence on business operations and proceeds to dissect the legal frameworks and IPR issues pertinent to AI inventions. A proposed conceptual model for AI integration addresses data privacy, security, and transparency concerns. The paper further investigates the patentability of AI algorithms and inventions, copyright ramifications for AI-generated content, and confidentiality challenges associated with AI models. Authorship and ownership debates are also examined, particularly concerning AI-generated work and employee-created AI within employer rights. The paper highlights ethical dilemmas surrounding AI ownership and accountability, underscored by challenges safeguarding AI-related IP. Real-world case studies provide a pragmatic lens through which the paper discusses how businesses navigate these legalities. The culmination of this inquiry offers pragmatic recommendations for businesses contemplating AI adoption. The paper acknowledges limitations due to the rapid evolution of technology potentially outdating legislative measures. Hence, it advocates for ongoing legislative updates to remain congruent with technological advancements.</p> Lavanya Bhagra Tushar Singh Copyright (c) 2024 DME Journal of Management 2024-07-12 2024-07-12 5 01 24 33 10.53361/dmejm. v5i01.04 Analysing work from home after COVID-19 as the new normal <p>To understand more about the experiences of employers and employees after more than two years of COVID-19, a SWOT analysis is conducted and primary data is gathered. A paper explains why people in Patna are unproductive and why working from home is unacceptable. Data is collected from 347 respondents working from home in Patna district through an online survey with the help of Google Forms, Gmail, WhatsApp, and different social media sites from July 1 to September 30. SWOT analysis is used to identify the advantages, disadvantages, opportunities, and threats associated with working from home. While working from home, the company begins aperformance evaluation on a new weight. Watch out for phoney websites that purport to provide jobs that can be done from home. Prospective employees worldwide can work remotely without worrying about obtaining a passport or visa. Software as a Service emerges as a new market to provide businesses with all services provided while working from home. To set up a home office, most employees spend money on furniture, with most of them spending RS 10,000 on furnishings. Working from home increases internet bills by Rs. 1000. We accepted technological innovation when we adopted the work-from-home paradigm. Employees with higher technological expertise are valued more highly than those with experience. Moonlighting is a crucial\ idea about which employers need to exercise caution when their staff members work from home.</p> Abhishek Kumar Singh Copyright (c) 2024 DME Journal of Management 2024-07-12 2024-07-12 5 01 34 50 10.53361/dmejm. v5i01.05