CONFERENCE ANNOUNCEMENT

 

Dear & Esteemed Colleagues,

Warm greetings!

We are, indeed, delighted to announce the Fifth International Conference on Global Business, Economics, Finance and Social Sciences (GB16Chennai Conference), being jointly organized by the prestigious SDMIMD, Mysore, Karnataka State, India and the Global Business Research Journals (GBRJ) from April 1-3, 2016 in Chennai-India.

You are cordially invited to submit your research manuscripts/case studies in all areas of research in business studies. In addition to paper presentations and discussions, the upcoming conference will include invited lectures on contemporary topics in emerging trends/developments in Global Business, Economics, Finance, Management, Sustainability, Marketing, Psychology and Social Sciences.

Important Dates!

Abstract/Full Paper Submission Deadline	: February 29, 2016 March 15, 2016
Communication of Acceptance	: One Week
Last Date for Registration	: March 10, 2016 March 24, 2016
Conference Dates	: April 1-3, 2016

 

Conference Objectives!

Why does Financial Crisis Happen?

The International Monetary Fund (IMF), in one of its research papers, has observed that countries that suffered from economic crisis, have failed to take note of the red flags coming from several quarters. Among the important contributing factors, the research report states that these economies, have not taken note of building ‘systemic risks’ owing to the growing asset price bubbles. In addition, these economies had institutions that suffered from higher level of debts. Banks and financial institutions, on their part, made predatory lending to vulnerable sections of the society and suffered from poor supervisory and regulatory mechanism.

The European Central Bank website defines financial stability as:

… a condition in which the financial system—comprising of financial intermediaries, markets and market infrastructures—is capable of withstanding shocks, thereby, reducing the likelihood of disruptions in the financial intermediation process which are severe enough to significantly impair the allocation of savings to profitable investment opportunities. (ECB 2012)

Further, the ECB defines three conditions associated with financial stability:

(i) The financial system should be able to efficiently and smoothly transfer resources from savers to investors.

(ii) Financial risks should be assessed and priced reasonably accurately and should also be relatively well managed.

(iii) The financial system should be in such a condition that it can comfortably absorb financial and real economic surprises and shocks.

(ECB 2012)

Monetary and Financial Stability in Asia!

After the 2008-09 global financial crisis, the global markets witness the emergence and increased presence of Asian Banks in the global financial markets. Asia, one of the most important and integral part of the global financial system, can make tangible contribution to the global economy by increasing its presence through bank lending, market participation and other important channels. Undoubtedly, credit from Asian banks, can help strengthen the industry, particularly, the SMEs and other manufacturing sectors. Asia, the most populated continent in the world should take all possible efforts to ensure that every Asian country ensures adequate economic growth with greater employment opportunities and stability.

Against this backdrop, the upcoming conference in Chennai-India, makes an attempt to achieve the following objectives;

a) Identify and analyze the major contributing factors that affect the financial stability of a nation;

b) Appreciate the tangible steps that Asian economies have to initiate in order to ensure a strong and orderly financial system in Asia in particular, and in international monetary system in general;

c) Provide an ideal platform for researchers, economists, bankers and practitioners to share their research findings and practical experiences on the topic with the global audience;

d) Suggest suitable measures that would ensure long-term stability orderly functioning of the banking and financial institutions in Asia in order to avert any future shocks and systemic risks.

OUR PRINCIPAL ACADEMIC PARTNER:

Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD) Mysore, Karnataka

Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD), ranked among the top Business Schools in India, is located at the foot of Chamundi Hills in the heritage city of Mysore, Karnataka. The campus has won many architectural and landscape awards and provides a great environment for learning and germination of managerial intellect. The institute has been conferred A** Rating at National Level by CRISIL.

The institute is promoted by the Shri Dharmasthala Manjunatheswara Educational Trust - a premier non-profit educational organisation functioning under the aegis of Shree Kshetra Dharmasthala, which is known for its unique embodiment of Dharma. Today, SDME Trust has more than 40 recognised educational institutions under its wings, imparting quality education from the primary level to the postgraduate level. Trust is known for the professional institutions in Medical, Dental, Engineering, Naturopathy, Ayurveda, Law, Business Management and Physiotherapy. The trust and all the associate institutions benefit from the visionary leadership of our Chairman, Padma Bhushan Dr. D. Veerendra Heggade, Dharmadhikari of Dharmasthala.

SDMIMD’s AICTE approved PGDM programme, accredited by NBA, runs for six terms over two years with an impeccable track record of academic rigor. SDMIMD also has Student Exchange Programs with the MAYS School of Business, Texas A&M; University, USA; Global Management Institute of Shanghai University, China; and British University in Dubai, Dubai. These student exchange programmes enable students to understand each other’s cultures, business practices and traditions. This gives students an edge when it comes to international opportunities.

The SDMIMD’s research unit - SDM Research Centre for Management Studies’ (SDM RCSM), publications ‘Cases in Management’, ‘Contemporary Research in Management’, ‘Excerpts of Select Summer Internship Reports’, have come in for praise from the world of academics. The institute’s journal ‘SDMIMD Journal of Management’ indexed in EBSCO and iScholar has evolved as a prestigious publication well known for the quality of the papers, therein.

To know more about SDMIMD please visit: www.sdmimd.ac.in