Pacific B usiness R eview I nternational

A Refereed Monthly International Journal of Management Indexed With THOMSON REUTERS(ESCI)
ISSN: 0974-438X
Imapct factor (SJIF): 6.56
Editorial Board

Prof. B. P. Sharma
(Editor in Chief)

Prof. Mahima Birla
(Additional Editor in Chief)

Dr. Khushbu Agarwal
(Editor)

Ms. Asha Galundia
(Circulation Manager)

Editorial Team

Dr. Devendra Shrimali

Dr. Dharmesh Motwani

Mr. Ramesh Modi

A Refereed Monthly International Journal of Management
                                              
 February 2014

 Name :  Editorial
  :  
 Download :  

 Name : Impact of Working Capital Management Practices of Automobile Firms on their Profitability: An Example of Mahindra & Mahindra Ltd.
 Author :  Dr. Gitika Mayank
 Abstract :
Working capital indicates the money required for daily operations of a business. Acorporate pays a lot of importance on planning its long term capital needs. The sources and their cost are identified and then an optimum capital structure is designed. Not only long term funds and their cost affect the profitability of a firm but even working capital has an impact on profitability because effective working capital management is about striking a tradeoff between profitability and liquidity. With this background this paper attempts to study the impact of working capital management at Mahindra and Mahindra ltd, which is a capital intensive firm with significant investments in working capital i.e. inventory, receivables and cash. Keywords: Working Capital, Profitability, Liquidity, Inventory, Receivables.
 Download :  

 Name : Clustering Entrepreneurial Potential in Commerce Students of Banaras Hindu University: An Assessment
 Author : Dr.S.C.Das,Pradip Ram
 Abstract :
Objectives: The present study is concerned with to finding out (a) the difference in entrepreneurial potential among UG and PG commerce students; (b) entrepreneurial potential asymmetry among boys and girls students; (c) the influences of select demographic variable on the entrepreneurial potential; (d) finally, clustering entrepreneurial potential in high, medium and low potential. Research Design: The study is exploratory in nature based on structured questionnaire with 210 respondents complying sampling adequacy in the ratio of 2:1 among UG and PG commerce students of Banaras Hindu University selected through proportionate stratified random sampling technique. The structured questionnaire with ten point scales of Don Macke and Deb Markley (June, 2003) focused on Motivation, Capacity- Skill, CapacityNetworking, Family Supports and Demographic Factors have been used for the study. Findings: The study found that on the basis of community and family support there is significant statistical difference among boys and girls. In UG & PG students on the basis of motivation and capacity- networking/partnering, identified significant statistical difference. Out of the three select demographic variables only one factor i.e. income has impact on student's capacity-skill. Conclusions: The overall picture of the study shows that the boys and girls are having symmetrical entrepreneurial capacity except family support. In UG& PG students have some difference in some factors but more or less they are all of equal entrepreneurial potential. Further, demographic variable have no impact on the entrepreneur potential exception is income. Lastly, it has been observed there is presence of heterogeneity in composite entrepreneurial potential score in commerce students. Practical Implications: Identification of the entrepreneurial potential of any individual in the earlier level (stage) will help in shaping their future and building up their potential in a scientific way so that they could succeed in their business. Identifying entrepreneurial potential means more starts up and rapid economic growth resulting unemployment solution.
 Download :  

 Name : Nonfinancial Information Disclosure and Company Characteristics: A Study on Listed Pharmaceutical and Chemical Companies of Bangladesh
 Author : Saleh Mohammed Mashehdul Islam
 Abstract :
The purpose of this study is to find out the important company characteristics that can affect disclosing non-financial information by the company. The study demonstrates the current scenario of disclosing non-financial information by sample companies i.e. 22 listed pharmaceutical and chemical companies in Bangladesh. It reports the results of the association between company specific characteristics and non-financial information disclosure of the sample companies. It also shows the results of an investigation for the extent of affecting company characteristics on disclosing non-financial information by Bangladeshi companies. The finding of the research indicates that the enhanced use of non-financial information is effectively assessed by evaluating two company characteristics i.e. size and age as significant in explaining the level of non-financial information disclosure. The important characteristics are useful in making effective investment decision by the investors. Keywords: Nonfinancial information disclosure; Company characteristics; Pharmaceutical and chemical companies
 Download :  

 Name : Attitude – Value Construct: A Review of Green Buying Behaviour
 Abstract :
Green consumption habits are forming a part of lifestyle of humans. These consumption patterns either are intentional consumption behaviours or societal burdens. Ecologically conscious consumers are self actualized that they would act in a manner that not only satisfy their needs but also needs of others (society). Consumption behaviour is guided by various attitudinal and perceptual transformations that an individual goes through before the final consumption. Such that from the review it can be said that green purchase behaviour is direct outcome of consumer's attitude. Environmental knowledge, values/attitude plays a significant role in explaining ecologically friendly behaviour. Also as revealed from the review subjective product knowledge works as moderating variable between perceived behaviour and purchase intent, whereas attention to social comparison information (ATSCI) moderates relation between attitude and purchase intention. The purpose of this review is to explore the relationship between green attitude and its behavioural implication, the value orientation (individualistic/collectivistic) and social conscious consumption intentions that an individual develops. This theoretical paper aims to study the attitude-value-behaviour patterns of green consumers. Importance and Scope for future research are discussed. Keywords: Environmental Consciousness, Green Perception, Green Consumer Behaviour, Individualism, Collectivism.
 Author : Rajendra Kumar,P.J.Philip,Chetna Sharma
 Download :  


 Name : Comparative Study of Corporate Governance Disclosure practices adopted by Listed Companies in Manufacturing and Software sectors in India
 Author : Prof. Rajyalakshmi,Dr. Laila Memdani
 Abstract :
The article discusses the importance of Corporate Governance disclosure in enhancing firm value. It has been observed that even though the disclosures are made mandatory, there is a large variation in the quality of corporate governance disclosure practices adopted by companies listed in different countries. Empirical research done earlier has also proved that good corporate governance practices followed enhances the firm value. There is large variation in disclosure practices across industries and across companies listed in different countries. The article does a comparative analysis of disclosures across companies listed in India in Manufacturing and Software sectors. It has been found that software sector being more advanced an modern, they are scoring better in their disclosure scores as well. Keywords: Investor Protection, Corporate Governance Disclosures, Governance Scoring
 Download :  

 Name : Understanding adoption of electronic G2C service: An extension to Technology Adoption Model
 Author : Shubham Goswami
 Abstract :
Successive governments have recognized e-Governance as an excellent opportunity for improve quality of government services to people with opportunities of providing equitable access to all sections of society. The increasing investment on e-Government services also raises concern towards citizen adoption and usage of online government services. Along with technology acceptance theories, citizen trust is proposed to be an important catalyst of e-Government adoption. The present study examines the relationship of perceived risk and its facets within the technology acceptance model (TAM) within the tax e-filing context. This paper proposes a conceptual model to further understand the role of perceived risk in influencing consumer behaviour throughout the adoption process. The model will serve as a useful guideline for strategies development in promoting e-government services, particularly the tax e-filing service. The study also proposes ways in which governments can increase citizen trust and thus encourage the adoption of this new and potentially significant mode of government service. Keywords: Perceived Risk, Trust, Technology Acceptance Model, Tax E-filing
 Download :  

 Name : Impact of Mergers & Acquisitions on Surviving Firm's Financial Performance: A Study of Jet Airways Ltd
 Author : Prasad V. Daddikar,Dr. Arifur Rehman H. Shaikh
 Abstract :
Mergers and Acquisitions are important corporate strategy actions that aid the firm in external growth and provide it competitive advantage. In today's globalized economy, mergers and acquisitions (M&A) are being increasingly used world over, for improving competitiveness of companies through gaining greater market share, broadening the portfolio to reduce business risk, for entering new markets and geographies, and capitalizing on economies of scale etc. This paper has focused on the performance of JETAirways after the consolidation of Airline sector in year 2007-08. The main objective of this paper is to analyze whether the JET Airways has achieved financial performance efficiency during the post merger & acquisition period specifically in the areas of profitability, leverage, liquidity, and capital market standards. Paired sample t-test has been employed to determine the significance differences in financial performance standards two year before and two year after the merger activity. In general, Airline Companies merger in India does not bring significance difference on the financial performance after the merger. The finding of this study shows that there is no improvement in surviving Company's return on equity, net profit margin, interest coverage, earning per share and dividend per share post-merger & acquisition. Keywords: Mergers and Acquisitions, Profitability, Leverage, Liquidity, Capital Markets
 Download :  

 Name : Econometric analysis of Foreign Institutional Investors NSE and BSE
 Author :  Yogendra Singh Rajavat,Dr. Amitabh Joshi
 Abstract :
This paper is attempt to study the relationship between Dependent variables (BSE and FII) and Independent Variable (NSE). In this paper the author attempt to explain the behavior of BSE and FII with reference to NSE. Bombay stock exchange is one of the oldest stock exchanges. The National Stock Exchange (NSE) is stock exchange located at Mumbai, India. It is the largest in India by daily turnover and number of trades, for both equities and derivative trading. The study was done by taking two year Day wise data of BSE, NSE and FII was collected for a period of two years i.e. from 01 October 2011 to 01 October 2013. Regression analysis was performed with the help of E views and it was observed that the data are not serially correlated and it was Homoscedastic. The results showed that NSE is regressed with BSE and FII. FII and BSE do have a joint significant impact on NSE. Keywords: FII, Stock exchanges, Regression, BSE, NSE
 Download :  

 Name :  A Scale for Measuring Organizational Citizenship Behavior in Manufacturing Sector
 Author :  Dr. Vivek Sharma,Dr. Sangeeta Jain
 Abstract :
Last decades of 20th century have seen increasing research in the area of beneficial non task behavior of employees. Concepts like organizational citizenship behavior, contextual performance, pro social behavior, extra role behavior, etc. have been developed by researchers from time to time. Despite a good work done by researchers a scale on OCB for manufacturing sector specifically framed for medium scale industries is lacking. The study aims to fill this gap. The research design involved three broad stages: item generation, scale development and assessment of reliability and validity. Middle and top level managers (260) of several manufacturing organizations participated in data collection. Four factors governing OCB have been identified. The paper provides implications for researchers and practitioners. Keywords: Organizational Citizenship Behavior, Altruism, Compliance, Sportsmanship, Loyalty
 Download :  

 Name :  An Investigation on Shoppers' Buying Behaviour Towards Apparel Products in Bangalore City
 Author :  Syed Irfan Shafi,Dr. C. Madhavaiah
 Abstract :
This study explores the relationship between elementswhich affect consumer buying behaviour for apparel products in Bangalore city. In order to do so questionnaires were distributed to respondents who presently living in Bangalore city and are regular buyer of apparel products. The total sample size consists of 90 respondents. Data were collected by author himself, convenience sampling method was used for data collection,after assembled data it is analysed in SPSS 16.0. Descriptive statistics was used to analysis the demographics and Chi-square testwere used to analyse theresearch objective. The result of this study offersinsights and evidence about the relationship between the variables which impact consumer buying behaviour for apparel products. Finally it is concluded in the present study that there is significant relationship between reference group and purchase intention also promotion, Store attributes, product attributes, Income of the respondent and occupation have positive significant relation between consumer buying behaviour. Keywords: Apparel, Buying Behaviour, consumer, Purchase Intention.
 Download :  

 Name :  Relative Efficiency Analysis of Selected Life Insurers in India using Data Envelopment Analysis
 Author :  Jayanta Kumar Nandi
 Abstract :
To measure the relative performance efficiency of the selected life insurance companies in India individually, year wise, sector wise and as a whole, a linear programming non parametric technique of Data Envelopment Analysis (DEA) has been used in this study. DEA is typically used to measure the technical efficiency (TE) between 0 to 1 ranges. This study utilizes two inputs and two outputs, namely, commission paid and operating expenses as well as premium and net benefit respectively. This study is focused upon top 13 life insurance companies of India including 1 public sector and remaining 12 private sector covering a period of 10 years from 2002-03 to 2011-12. Since this study attempts to maximise output, so output oriented DEA is used. The results of the study shows that overall life insurers carrying life insurance business at an average technical efficiency of 82.6%, pure technical efficiency of 87.5% and scale efficiency of 94.7%. On the other hand individually and sector wise performance analysis, LIC (Life Insurance Corporation of India) performs better as compared to others. Keywords: Efficiency, DEA, Technical Efficiency, Pure Technical Efficiency, Scale Efficiency. JELClassification: G22, G23.
 Download :  


 Name :  Customer post-purchase perceived service satisfaction for Hero two wheelers in Cuddalore district, Tamil Nadu
 Author :  T. Frank Sunil Justus,B. Vaishnavi,M. Gnanasundari
 Abstract :
Consumers tend to perceive the quality of a service on the basis of a variety of informational cues that they associate with the product that act either individually or in composite. The purpose of this paper was to find out how the existing customers of Hero motors perceive their service experience they receive through their dealership. It is observed that age, gender and income levels have a serious impact on the service perception of respondents. The research revealed that the customers' service expectations are met and surpassed and the existing customers' in general have a very positive attitude towards their company dealers and technicians. This study helps the company to discover and learn more about their customers' opinions and perceptions. Future research can be carried across comparing the bands of competitors as also on a pan India basis that will help the company to still fine tune the service demand. Keywords: Customer Service satisfaction, Hero two wheelers, Cuddalore
 Download :  


 Name :  CORPORATE SNAPSHOT-WORLD February 2014
 Author :  
 Download :  

 Name :  ECONOMIC UPDATE GLOBAL & INDIAN February 2014
 Author :  
 Download :  

 Name :  Indian Economy at A Glance
 Author :  
 Download :