Scanning the issue, Simone and Hans have discussed the benefits that privacy-enhancing Identity Management (IDM) can provide in technical, social and economic terms for the end users and services sides deploying them. Privacy-enhancing IDM provides technical means to protect legal privacy principles and to establish a trust relationship between a user and a service provider. The work is very important as the field of economics of privacy is still new and privacy-enhancing technologies and IDM systems are not very widely deployed yet. Jeswani and Sarkar focus on the strategy of talent engagement for high performance and retention. A new talent engagement model has been proposed to explain the process of engagement, psychological ownership, performance and retention of talents and their relative relationships. The work will certainly help, not only to retain the talents but also to increase the performance for the overall development of both the talents and the organization.

Similar to the previous issue, there are a number of papers from the finance area. Sehgal and Singh have analyzed the initial and long run performance of Initial Public Offerings in the Indian stock Market. An extensive study has been reported on 438 BSE listed companies over a long span of nine years. This study has a lot of relevance in the present recession scenario with less number of IPOs being offered. Empirical evidence from Indian Industry has been shown by Aggarwal and Chander to test the Gibrat’s law in Indian scenario. Balanced time series data of 300 firms has been used to explore the size and growth relationship. The results have rejected the Gibrat’s law for Indian industry as the growth rates have been found to be associated with firm size. Empirical evidence has also been shown for the volatility of Indian stock market by Srivastava. GARCH-class models have been applied to analyze the characteristics of the volatility of Indian stock market with both the SENSEX and NIFTY data. The findings suggest that the investors in those markets are not grown well and they will be heavily influenced by information very easily. A nice review on the development of plastic cards have presented in the Indian baking system by Kaur and Kaur.

Jagannathan examines the factors that are critical for the successful implementation of a Total Quality Management programme among auto component manufacturing companies in India. The critical areas such as production and delivery, design and operations, information technology, industrial relations and corporate citizenship behaviour have been taken into account to draw a comparison between the critical success factors in certified and the non-certified companies. The work substantiates the intent of QS 9000 in creating a quality supply chain. Promotion strategies of the pharmaceutical industry have been analyzed by Taneja to study the prescribing behavior of doctors. There are three more papers focusing on the IT aspects of the business. Methodologies for the motor vehicle claims have been compared by Chandrasekhar. Two most prominent techniques have been compared with the case specific data. Adding further to the simulation techniques, a technique has been devised for software release and support management by Vikram Singh. However, Focusing on the total IT sector in India, Anil and Kapoor have analyzed the dividend policies with reference to the Linter dividend policy model. A commentary has been added on the Opportunities and Challenges to the Foreign Direct Investment in retail sector in India by Shradha Jain et al. Beside these, three book reviews of recent arrivals have been included in the issue from different domains of management.

With a number of suggestions from the readers, we are planning to publish theme based issues of ABR in near future. To begin with, the next issue is a special issue on “Entrepreneurship and Innovation” and number of sub-themes will be covered. We have already received a large of contributions for the special issue, even before the deadline and the collection is certainly going to be great. Still, there will be more number of special issues, catering to the business management practices. Wishing you a wonderful Year 2009!

Prof. Vikas Kumar
Editor, ABR