Page 1 of 9

Journal for Studies in Management and Planning

Available at http://internationaljournalofresearch.org/index.php/JSMaP

e-ISSN: 2395-0463

Volume 01 Issue 03

April 2015

Available online: http://internationaljournalofresearch.org/ P a g e | 302

Effect of Promoters’ Value System on Private

Management Institutions in India: An Impact Study

Anshu Sharma ; Dr. Kamal Kishore Pandey

Ph.D. Scholar School of Business Management IFTM University, Moradabad

ABSTRACT

This paper investigates the effect of

corporate culture on private management

institutions in western U.P., it is to identify

the effect of promoters’ value system on

private B-Schools. In the paper we

emphasize promoters’ value system effects

on quality education and employee growth.

A few studies have introduced evidence on

the corporate culture effects on private B- Schools (Richard B Ronald, 2007),

(Ng’ang’a James Muya & Nyongesa Justus

Wesonga, 2012). Furthermore, to test the

hypothesis, 10 places were chosen from

western U.P. and the 34 private

management institutions were chosen as

sample unit. The data was collected from

270 respondents i.e. (Faculty members). The

data has evaluated on the basis of these

following tools; percentage analysis, Five

point Likert scale, and Factor analysis to

evaluate the open ended questions.

According to the analysis promoters’ value

system has a great impact on employee

performance and quality education.

Keywords: Promoters’ value system,

Corporate culture, Quality education.

INTRODUCTION

India is increasingly being hyped as an

emerging economy. There are various

predictions which show India will be one of

the leading economies in the global

knowledge. The knowledge economy, which

is increasingly dominated by services sector,

needs and depends on knowledge workers.

Institutions of higher learning, like business

schools (B-Schools), have a critical role in

creation of knowledge and supply of

knowledge workers. B-Schools are going to

face a lot of challenges and opportunities in

the global knowledge economy. The big

issue is how to compete in this changed

scenario and take advantage of emerging

opportunities. Now we have to know about

the effect of corporate culture on faculty

members and quality education. It consist of

a big issue is how promoters’ value system

Page 2 of 9

Journal for Studies in Management and Planning

Available at http://internationaljournalofresearch.org/index.php/JSMaP

e-ISSN: 2395-0463

Volume 01 Issue 03

April 2015

Available online: http://internationaljournalofresearch.org/ P a g e | 303

effects organization personnel and quality

education. Teachers or any other

employee's attitude towards their work can

be best measured through their work

performance, achievement, motivation and

job satisfaction. The main focus, specifically

in educational research, is on the grades of

students in order to formulate ranking of

particular private sector universities. In any

organization Promoters’ value system

affects directly or indirectly to the faculty

and education quality through its vision,

mission, values, strategies and policies made

by the promoter of organization or

institution. As such there is no study has

conducted on promoters’ value system but

few studies are related from this topic such

as: Hackman and Oldham (1975), Mowday,

Porter & Steers (1982), Schhneider (1983),

Schein, Krefting and Frost, (1985),

Venkatraman & Ramanuiam (1986), Kerr

and Slocum (1987), Breif, and Guzzo

(1990), Mayer & Schoorman (1992),

Spencer (1994), Hosmer (1995), Harvey and

Knight (1996), Owlia and Aspinwall‟s

(1996), Stannack (1996), Rich (1997),

Bardoel and Sohal (1999), Kopelman, Detert

et al (2000), Waugh (2001) , Blass (2003) ,

Sahney et al. (2004), Paul Green Bank

(2006) , Stewart(2007), Parasuraman,

Zeithaml and Berry, Fathiya

Abubaker,Barjoyai Bardai (2012) having

some relevance regarding quality education,

organizational culture effects on employees,

policies and strategies effects on employee

performance, profitability and non- profitability organizational policies affects

on performance and quality education,

importance of employee good performance,

and also job satisfaction policies effects on

faculty in education sector. And it is found

that the promoters’ value system effects

education quality, faculty’s performance, job

satisfaction factors and policies and

strategies which can affect the organization.

RESEARCH METHODOLOGY

In present study 270 management faculty

members are involved and give their

suggestions and responses. In this study 10

places of western U.P were selected through

Random sampling, and under these 10

places 34 management colleges/ University

have been chosen through convenience

sampling technique. In order to study the

promoters’ value system effects on

education quality and faculty’s performance,

some open- ended questions and close ended

(Yes or No) questions were constructed to

find the responses and some more points.

The questionnaire was developed after

Page 3 of 9

Journal for Studies in Management and Planning

Available at http://internationaljournalofresearch.org/index.php/JSMaP

e-ISSN: 2395-0463

Volume 01 Issue 03

April 2015

Available online: http://internationaljournalofresearch.org/ P a g e | 304

conducted Pilot survey by administering the

questionnaire to 50 respondents in 3 private

management colleges in Gr. Noida. After

that the edited questionnaire version was

administered to the sample.

DATA ANALYSIS AND

INTERPRETATION

Being a qualitative data as in terms of

percentage (%) from the collected database

based on open- ended questions as well as

close ended question (Yes or No), through

factor analysis and percentage analysis were

calculated. The findings and interpretation

of study are as follows:

Chart 1: Indicates the percentage of effectiveness of

promoters’ value system.

As per the responses 90% faculty members

aware from the promoter’s value system,

means what are the promoter’s background,

their policies, strategies and how they can

effects the employee performance or

organizational performance; very few are

not aware that what is promoters’ value

system. Every employee has to know about

his/ her organization’s promoter, means who

made policies for them and who encourages

to employees through the better strategies of

job satisfaction for better output.

Chart 2: Indicates the promoters’ value system factors that will affect the college management

Yes

88%

No

12%

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

a b c d e f g h i j k l m n o p

Percentage 5.74 6.82 8.33 7.65 6.83 7.42 3.28 4.90 5.19 4.53 8.82 6.99 4.32 5.68 6.68 6.74

Value system factors that will affect the college management