Governance of Marwari capital: Daily living as a decolonial ‘matrix-of-praxis’ intermeshing commercial, religious and familial spheres

Mohnot, Jitesh; Pratap, Sankalp; Saha, Biswatosh

doi:10.1177/13505084211018907

Cited by 8 publications

(3 citation statements)

References 24 publications

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“…Also, identity relations among co-ethnic communities are known to reinforce the trust that is necessary for a business transaction (Dyer, 2012; Ben-Porath, 1980; Iyer, 2004). Recently, Mohnot et al (2021) found that there exists a local form of governance among the Marwaris, where access to and circulation of capital is related to a negotiated enactment of status within the community.…”

Section: Literature Reviewmentioning

confidence: 99%

Socio-cultural elements of the Marwari business community in India

Amoncar

Igwe

Madichie

2023

JRME

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Purpose The purpose of this study is to explore the elements of the Marwari business community’s sociocultural context, which influence entrepreneurial behaviour. The entrepreneurial behaviour of the Marwari community is interrogated in the context of the wider indigenous entrepreneurship literature. Design/methodology/approach The study adopts a qualitative approach in exploring the thoughts, feelings, beliefs and effectual entrepreneurial behaviour of a sample of Marwari entrepreneurs. An exploratory, qualitative content analysis method was adopted to highlight the emerging insights into traditional entrepreneurship. Findings The study identifies unique, traditional Marwari behavioural constructs such as Sakh and Samai and the role it plays in trust-based business relationships. Overall, the study finds that although the Marwari practices and ecosystem enable a deep understanding of the entrepreneurial and business process, they do not facilitate creative innovation or entrepreneurial experimentation as seen within modern start-up incubation ecosystems. Research limitations/implications The study took a conscious decision to restrict further data collection upon saturation and used a purposeful sampling technique to increase the richness of this study rather than enlarge the sample and dilute the quality of the data. Practical implications The study identifies nuances of Marwari’s traditional practices that have come to determine their effectual tendencies that support business growth and sustainability. The study, however, finds that the restrictiveness of the Marwari ecosystem practices on fluency of doing business rather than creative innovation and thought experimentation risks the longevity of the traditional ecosystem advantage enjoyed by the Marwaris for centuries. Social implications The study broadens the understanding of the uniqueness of traditional business communities, which are comparatively marginalized in mainstream entrepreneurship research. Via this study, it is seen that the Marwari form of entrepreneurship is collectivist rather than individualist in nature, which differentiates them from their Western counterparts. This helps to explain why entrepreneurs tend to behave differently; hence, achieving a universal definition of entrepreneurship remains a challenge. Originality/value While the relationship between the sociocultural aspects of communities and their entrepreneurial behaviour is known, the role of the constituent elements of the Marwari sociocultural context and influence on business is unclear. This study takes the lead in identifying such elements of the Marwari sociocultural construct and argues how these elements can play a role in the Marwaris demonstrating tendencies of effectual behaviour.

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Section: Literature Reviewmentioning

confidence: 99%

Socio-cultural elements of the Marwari business community in India

Amoncar

Igwe

Madichie

2023

JRME

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“…Imas and Weston (2012) describe organizational structures and processes pursued by the poor living in informal settlements in Zimbabwe and Brazil. Duarte (2006) and Mohnot et al (2021) describe unique managerial practices in local-level organizations. In this category the GS is presented as a location apart and distinct from North America and Europe, relatively unknown in MOS scholarship.…”

Section: Finding the Global South In Organizationmentioning

confidence: 99%

Locating the Global South in Organization

Srinivas

2023

Organization

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“…They urged scholars to move beyond imitating US-centric research to construct indigenous knowledge that was locally relevant to develop management practices that were effective in the local context. Mohnot et al (2021) made a strong case for decolonising management knowledge and creating space to share indigenous experiences to counter European/US-centric pressures for conformance. The hybrid spaces would encourage interaction among US-centric and indigenous knowledge.…”

Section: Introductionmentioning

confidence: 99%

HRM Knowledge and Practices in South Asia: It Is Time to Move Beyond US Centricity

Ojha,

Venkateswaran

2023

South Asian Journal of Human Resources Management

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The purpose of this article is to highlight the colonial/neo-colonial roots of most human resource management (HRM) knowledge in South Asia and urge scholars and practitioners in South Asia to develop and promote locally relevant indigenous knowledge and practices. We review the literature on decolonising management knowledge, particularly HRM, highlighting the continued tendency of HRM scholars to, knowingly or unknowingly, sustain colonial practices and promote neo-colonial knowledge and practices. While acknowledging that there may be some potential benefits of borrowing European/US HRM practices in South Asian contexts, we stress the limits of universality of such knowledge and argue for the need to develop alternate context-sensitive indigenous knowledge and practices. We encourage the creation of hybrid knowledge spaces for healthy interactions among diverse, even conflicting, perspectives with the hope of promoting pluriversality in the domain of HRM and management in general.

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Governance of Marwari capital: Daily living as a decolonial ‘matrix-of-praxis’ intermeshing commercial, religious and familial spheres

Cited by 8 publications

References 24 publications

Socio-cultural elements of the Marwari business community in India

Socio-cultural elements of the Marwari business community in India

Locating the Global South in Organization

HRM Knowledge and Practices in South Asia: It Is Time to Move Beyond US Centricity

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