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
RNI No.:RAJENG/2016/70346
Postal Reg. No.: RJ/UD/29-136/2017-2019
Editorial Board

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

Dr. Khushbu Agarwal
(Editor)

Ms. Asha Galundia
(Circulation Manager)

Editorial Team

Mr. Ramesh Modi

A Refereed Monthly International Journal of Management
December 2015

Name : Editorial
:
Download :

Name : Employee Empowerment and its Outcomes: A Mediation Model
Author : Rouf A. Mir, Prof. Riyaz A. Rainayee
Abstract :
The purpose of this study is to examine the degree of direct and indirect relationship between employee empowerment (EMP), and job performance (JP) with job satisfaction (JS) as a mediator, as no study has been reported in literature so far. The hypotheses were tested using SEM technique on a sample of 240 sales executives' of pharmaceutical organizations, to measure and test the structural model proposed. The result confirms that employee empowerment and job satisfaction is directly related with improvement in individual's job performance. The results of sobel test also demonstrate the significant mediating effect of job satisfaction on empowerment and job performance. This study provides useful information for pharma managers to improve employees' job satisfaction and performance via employee empowerment. This paper also contributes to the existing literature by examining the direct and indirect effect of employee empowerment on job performance. The limitations to the study are also discussed.
In Html : Read More
Download :

Name : An Analytical Study of the Impact of Balance of Payment on Indian Stock Market
Author : Prof. Narender Kumar, Dr. Seema Rathee
Abstract :
The present paper is an endeavor to highlight the impacts of current account and capital account on CNX Nifty and BSE 100. The study is purely based on secondary data. The analysis of which was made through the application of Karl Pearson's coefficient of Correlation and Multiple Regression. The study found that the current account (CAD) is the most important predictor of CNX Nifty with R square values of .596 and the impact of capital account is more important in case of BSE 100 with R square values of .699. Though, the current account is a significant factor for all outcome variables yet its impact on CNX Nifty has been greater than other outcomes; and the aggregate impact of all the predictors jointly showed more impact on CNX Nifty (R2change= 69.5 per cent)than other outcome variables. It was further indicated through the results that if all the two selected independent factors remain constant, then also there are other factors as well which explain CNX Nifty and BSE 100 up to 1649.480 and 2336.893 units.
In Html : Read More
Download :

Name : Impact of Foreign Institutional Investors on Indian Capital Market
Author : Jasneek Arora, Santhosh Kumar
Abstract :
The foreign institutional investors (FII) have become a significant driving force of the Indian capital market and their growing presence marks the development of the capital market of India. To facilitate foreign capital flows developing countries seek to strengthen their capital markets. As a result of which Indian capital markets have achieved new heights and have become more volatile opening the dimensions of new research in the arena of Foreign Institutional Investments and Indian capital market. This paper makes an attempt to study the effects of trading behaviour of foreign institutional investors on the Indian capital market. We found out that there are no significant changes in the Indian capital market returns and volatility is significantly reduced after opening up of the market to foreign investors.
In Html : Read More
Download :

Name : An Analysis of Carbon Credit Revenue Practices in Indian Corporate Sector
Author : Dr. Shurveer Singh Bhanawat, Dr. Shilpa Vardia
Abstract :
All the developed nations which have exceeded the levels of green house gases have to cut the emission rate or borrow carbon credits from developing countries. Hence, trading in carbon credit has been started. Large number of entities in India generating carbon credits and sells them to developed countries through international market. After the implementation of Kyoto Protocol, the opportunity of revenue generation by taking up structured Clean Development Mechanism (CDM) projects has given a new source of revenue for Indian Corporate sector. India is one of the major players in the global market on the supply side of CERs after China.
In this paper attempt has been made to explore the revenue from carbon credit in Indian corporate sector. This study includes ten companies which have disclosed carbon credit revenue in their annual report. The sample units are selected from various sector of economy like chemical, power, mining, sugar, paper, steel, cement and electric equipments. On an average the sample units could be able to provide only 6.84 percentage of total revenue. If carbon credit revenue of two companies viz. Gujarat Fluorochemicals and Rana Sugar ltd. are excluded from the sample average comes 0.776%. In order to examine the hypotheses Chi- Square test and ANOVA statistical techniques have been used. The first hypothesis is accepted while second hypothesis is rejected. It reveals that there is no significant difference among different sample companies regarding generation of revenue from carbon credit trading but there is significant difference among the average value of revenue earned from carbon credit transactions of different years of sample units.
In Html : Read More
Download :


Name : Job Satisfaction of Teachers in Government Degree Colleges: A Study in Agartala City of Tripura
Author : Dr. Kingshuk Adhikari, Mr. Surajit Paul
Abstract :
Job satisfaction is the composite feelings of an employee towards different facets of job. It is the result of employees' perception of how well their job provides those things which are viewed as important. Job satisfaction is very important because most of the people spend a major portion of their life at their work place. From the organisational point of view, research on job satisfaction of employees is essential because it is already recognised that high job satisfaction may lead to improved performance. Like other employees, the satisfaction of college teachers is also vital not only for the teachers but also for the students as well as the other stakeholders of higher education. Job satisfaction of college teachers increases productivity and classroom performance in the college. The present study makes an attempt to analyse the level of satisfaction of college teachers' on each of the factors of job satisfaction in the Government degree colleges of Agartala city of Tripura. In order to assess the level of job satisfaction, responses of the college teachers has been analyzed over five factors of job satisfaction, namely, pay and allowances, welfare facilities, cooperation and support from colleagues, physical facilities for teachers and promotion matters using mean, SD and one sample t-test. The study concludes that the college teachers' are significantly dissatisfied with all the factors except 'co-operation and support from colleagues'.
In Html : Read More
Download :

Name : Impact of Sarbanes Oxley (SOX) Act on Corporate Governance Practices
Author : Dr. Abhishek Soni, Ms. Sheetal Soni
Abstract :
SOX: Creating the Public Accounting Oversight Board and Increased Corporate Responsibility – The Sarbanes-Oxley Act, also known as Sarbox or SOX was passed in July 2002 in response to the rash of real and perceived failures in corporate governance and financial disclosure. Its primary emphasis was to enhance the quality and transparency of corporate disclosure and force changes in the auditing of publicly traded companies. These objectives were achieved in a number of ways by the passing of the Sarbanes-Oxley Act. The present paper highlights the role of different types of Board of Directors and their obligation towards the long run performance of an organization. It also highlights the reforms mandated by SOX Act to enhance corporate responsibility and financial disclosure and to combat corporate and accounting fraud.
In Html : Read More
Download :

Name : The Study of Effect of Cultural Imperatives on Generation Y Consumer Decision Making in India
Author : Vaibhav Misra
Abstract :
The study is conducted on 179 respondents in the age bracket of 15 years to 35 years of Lucknow city with the purpose to investigate the impact of cultural factors over generation Y consumer decision making. The structured questionnaire stating the cultural factors on 3 point scale (1= agree, 2= can't say and 3= disagree) was constructed keeping in mind the objective of the study and all other important aspects. Convenience sampling is used for collecting the data from the respondents. The property and nature of data is tested to making decision about use of correct statistical test. It is found that there is impact of cultural factors over generation Y consumer decision making.
In Html : Read More
Download :

Name : Impact of Exports and Imports on Growth Rate of India: An Empirical Enquiry
Author : Dr. Sushil Kumar Rai, Ms. Purvashree Jhala
Abstract :
The present paper is an attempt to find out the dependence of growth rate on the exports and imports during the entire reform period. The processes of reforms were introduced by the Government of India in July 1991 and the subsequent extensions of these reforms were carried out in later years. The period after 1991 has been marked by a substantial transformation in trade policy and the policy of trade is tilted towards export promotion and import substitution/restriction to achieve higher growth rate as one of the objectives of existing trade policy. Therefore, through the present endeavour, we try to establish a causal relationship among these variables vis-à-vis growth rate, exports and imports. In this paper, the results reveal that there is a positive relationship between growth rate and exports. The number of independent variables is not exhaustive, leaving an opportunity for further exploring the effect of various other macroeconomic variables on the growth rate of India.
In Html : Read More
Download :

Name : Health Related Problems and Computer use Among Students
Author : Lalita Kumari
Abstract :
This study is an attempt to estimate prevalence of computer related health problems/musculoskeletal discomforts among college students and to investigate association of health problems/musculoskeletal discomforts with duration of computing. 300 college students were studied from Punjab state of India using computer and laptops. Majority of respondents were female, graduate and fall in 20-25 years age group, use desktop and work on computer 2-4 hours and take at least once an hour break during working on computer. Chi Square test and 'T' test was used to test the hypothesis. There is association between musculoskeletal problems due to Computer Usage and years of working on computer and between musculoskeletal problems due to Computer Usage and hours of working on computer. Health related problems/Musculoskeletal discomforts are independent of Gender except lower back pain which is more in females. There is no difference in Health related problems/Musculoskeletal discomforts between desktop users and Laptop users.
In Html : Read More
Download :

Name : Campus Educational Measures and Indian Higher Education System from Students' Perspective with special reference to Bhopal City
Author : Shweta Singh, Kamlesh Singh, K.S. Thakur
Abstract :
The objective of this paper is to explore students' perceptions of utility of Indian higher education system in the current globalization scenario. In the past few years, some private initiatives in the field higher education system in India have been taken by the corporate sectors, voluntary agencies and the private sector partnership so as to meet the growing demands of skilled manpower in the country. Educational institutions are now under intense pressure due to privatization of education, as if they have to operate as they are a business. It has been observed that there is a significant gap between institutional goals and students expectations for education and training. The objective of this paper is to analyze the factors that are indicators of students' perception of Indian higher education system. The analysis is based on survey questionnaires administered to 150 undergraduate students of Bhopal city. The questionnaire contained questions related to respondents' demographic characteristics and questions pertaining to the students view about the Indian higher education system. The data are analyzed using factor analysis.
In Html : Read More
Download :

Name : Explaining Performance of Actively Managed Indian Mutual Funds
Author : Navdeep Aggarwal, Mohit Gupta
Abstract :
The present study sought to explain the returns generated by the mutual funds operating in India. Using quarterly returns generated by all equity funds excluding sectoral, closed-ended, index tracking and discontinued fund schemes during the period of January 2010 to December 2014, analysis was carried out with the help of Capital Asset Pricing Model (CAPM), Fama-French (1993) three factor model and Carhart (1997) four factor model. The CAPM, which considers only the broad market movements as the determinant of asset returns, suggested that fund managers were significantly adding value in terms of returns generation through stock selection, market timing etc. However, Fama-French model and the Carhart model show an entirely different scenario. Both models suggest that fund managers did not add any value to the fund returns. Whatever was the return generated by the funds, was due to the risk factors considered in the models. The findings of the study are eye opening. They raise significant questions against the huge fees and commissions pocketed by the fund houses when they were not adding any significant value to the return generation.
In Html : Read More
Download :

Name : Satisfaction of Students towards Quality in Higher Education- A Study of Higher Education Sector Punjab (India)
Author : Harpreet Kaur, Dr. G.S. Bhalla
Abstract :
Education plays a very important role in the growth and prosperity of any nation. Punjab, a well known state of north India, is a leader in providing education. The Punjab education system has witnessed a significant expansion in the recent years, both in terms of number of institutions as well as students enrolment. But, the quality of education still remains poor. The present study aims to evaluate the effectiveness of the higher educational institutions in providing quality education, from the view-point of students in Punjab. The study covers three districts of Punjab i.e. Amritsar, Jalandhar and Ludhiana. Primary data has been collected to achieve the objectives of the study. A well structured questionnaire containing 32 items has been used for the purpose of the study. The respondents have been asked to rate the quality of education, using a five point likert scale. Descriptive and Exploratory Factor analysis have been used to analyze the data. Percentages, graphs and diagrams also have been used for analysis of the study. The factor analysis has resulted in eight factors showing the satisfaction of students regarding the quality of education in their institution. As per the results, the availability of infrastructure facilities as an important factor followed by placement services, education environment, extracurricular activities, knowledge up gradation, academic facilities, student support services and academic staff.
In Html : Read More
Download :

Name : Quality of Work Life- Exploring Organizations Initiatives against Need Satisfaction Theory
Author : Charu Ranawat
Abstract :
It is an exploratory research which explores various initiatives taken by modern organizations to implement the concept of quality of work life against the need satisfaction theory provided by Sirgy et al(2001) based on the Maslow hierarchy of needs theory for the analysis of quality of work life which has been the topic of interest of researchers of behavioral science since early 70's as it deals with the psychology of employees which have been always an crucial part of any organizational setup and plays a decisive role in the rise and fall of the corporate empires.
In Html : Read More
Download :

Name : Mergers and Acquisitions in Entrepreneurship for Gaining Strategic and Competitive Advancements
Author : Dr. Manpreet Arora
Abstract :
The entrepreneurial development in any economy is the key to economic development. In any type of entrepreneurial venture to derive competitive advantage, one basically needs to be creative and innovative, so as to reduce the cost of production, or maintain quality, introduce differentiation, enhance customer benefits and to gain ultimately a considerable market share. Gaining competitive advantage in any market is the key to sustain and to earn profits, thereby satisfying the shareholders by paying them higher dividends. Therefore risk taking is an in burst imperative for an entrepreneur, because one cannot expect to gain something in the future without taking the risk of facing uncertainties and imponderables. In this era of advancements where the organisations are striving hard for going global and cross their nation's borders in a short span of time Mergers and Acquisitions/Takeovers/Strategic alliances/Joint Ventures has become an inevitable choice. A critical question for any entrepreneurial venture is to sustain and knock down the competition and that is why the most stated justification for doing M&A's is diversification. Complementing the goal of diversification; the other sensible motives for deals are economies of scale, economies of vertical integration, risk reduction, complementary resources, unused tax shields, surplus funds and eliminating inefficiencies. All these synergies in one way or another are becoming the objective for any entrepreneurial activity from an economic perspective. These are the trade off's that can make M&A as a good option in an enterprise to gain strategic advancement. As a researcher it becomes imperative to critically analyse this innovative trend of gaining advancements adopted by enterprises. This paper attempts to build a strong theoretical background that's why there is a need of adopting the strategy of M & A's as a tool of gaining strategic advancements for enterprises. It also attempts to propose a model which small and medium scale enterprises could adopt for growth and diversification.
In Html : Read More
Download :

Name : Habitually Novice: Towards New Horizon
Author : Satnam Ubeja, Ranjana Patel
Abstract :
Anand a dynamic, impulsive, restless young management graduate joined Hindustan Motors Delhi, in the year 1996, left the company in one and half year and joined an event management company, then became a distributor of garment manufacturing company and finally started his journey to be an entrepreneur in the year 2000 by establishing his own brand of garments then to software company and then to contract farming moving on to adventure sport holiday resort to a indo Chinese fast food joint and by 2012 he became an innovator and consultant to concept coffees and food joints.
In Html : Read More
Download :


Name : corporate snapshot
Author :
Download :


Name : Economic Update
Author :
Download :


Name : Stats Window
Author :
Download :