Pacific B usiness R eview I nternational

A Refereed Monthly International Journal of Management Indexed With THOMSON REUTERS(ESCI)
Pacific Business Review International is Included in UGC's - CARE List of Journals (Category II).
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
November 2019



Name : Index
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Name : A Comparative Study on Usage and Customers Satisfaction of Banking Services in Anand and Kheda Districts of Gujarat State, India
Author : Dr. Bhautik A. Patel, Dr. Brijesh M. Patel
Abstract :
In past, Indian banking sector was not developed due to it most of the transactions through informal way such as money lender, cooperative society and many others. With the advent of time, development of trade, commerce and industry Indian banking sectors have been growing rapidly. Total saving deposit with commercial banks were Rs. 10,937 crores in the year 1980-81 and which increased to Rs. 40,31,177 crores in the year 2018-19. Moreover, Indian Government has taken various steps such as Jan Dhan Yojans, opining new branches of banks in rural areas, allow private sector to starts banks and others to make better banking services available to customers. Due to these efforts village people are able to get different products and services of bank easily. Hence, present study attempts to analyze usage and satisfaction towards banking services of rural customers of Anand and Kheda Districts. It has been found from this study that fixed deposit is the only constant variable of expectation and satisfaction level of banking services among respondents in both districts i.e. Anand and Kheda.
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Name : Stock Market Performance: Evidence from an Emerging Market
Author : Toan Ngoc Bui
Abstract :
By employing Autoregressive Distributed Lag (ARDL) approach, this paper contributes in giving empirical evidence on the nexus between the macroeconomy and stock market performance. Despite being a familiar empirical research topic in developed stock markets, this is relatively new in emerging stock markets like Vietnam. Thus, the paper brings a deeper perspective in the causal relationship between the macroeconomy and the performance of emerging stock market. Like earlier research, stock market performance is measured by stock index (SI) in this paper. In addition, stock market turnover ratio (TR) is added to measure this performance. This is a new angle to analyze stock market performance as well as a novelty of this study compared with earlier counterparts. The findings confirm that stock market performance is negatively influenced by consumer price index in the short run and long run. Also, in the short run, economic growth (EG) and interest rate (IR) are correlated to how the stock market performs.
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Name : The Ownership Structure and Corporate Governance: A Case af Pakistan Stock Exchange
Author : Abdul Waheed, Qaisar Ali Malik
Abstract :
The current study investigates the impact of various proxies of ownership structure (such as ownership concentration, managerial ownership, institutional ownership and foreign ownership) on the internal corporate governance mechanism of the listed non-financial firms in Pakistan Stock Exchange (PSX). The study developed a corporate governance index by using 7 distinct proxies of corporate governance mechanism. The research analyzed an unbalanced panel of 287 firms from 2010 to 2016 listed on the Pakistan Stock Exchange (PSX). The study demonstrates that the ownership structure is an important determinant of corporate governance practice in Pakistani firms. Different proxies of ownership structure have a distinct impact on internal governance mechanism, for example, ownership concentration and managerial ownership is negatively associated with governance index. However, institutional ownership is positively associated with governance index while foreign ownership is found ineffective in promoting good corporate governance practices in firms. This study contributes empirically that different characteristics of ownership structure are reliable sources to explain the corporate governance mechanism. The diverse findings in the current study provide a deeper insight to the policy makers and regulatory bodies to fortify internal governance mechanism in order to enhance the trust of the investors.
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Name : Factor Analysis of ‘First Generation Women Entrepreneurs’ leading to Entrepreneurship as a Career
Author : Dr Chandrakant Rawal,Preeti Rajguru
Abstract :
Entrepreneurship is closely associated with the economic development of a country. The development of entrepreneurship is a result of working together by men and women in the same direction. Education has brought change in the mindset of young generation women; they have become more aware and self-reliant. As they understand the current market need, women without business background are flourishing as an entrepreneur. They are known as ‘First Generation Women Entrepreneurs’ (FGWE). In this research paper, the researcher has made an attempt to find the factors that have motivated ‘First Generation Women Entrepreneurs’ to start their own business. 180 sample sizes is determined scientifically from Pune City. Eight factors are identified as motivational factors comprising of ‘External Motivating Factors’ and ‘Self-Motivating Factors’. From the research conducted it is revealed that ‘External motivating factors’ alone cannot influence the mind-set of the ‘First Generation Women Entrepreneurs’ to take entrepreneurship as career; ‘self-motivating factors’ is also equally important
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Name : Tax Structure and Economic Growth: A Case Study of India
Author : C.A. (Dr.) Pramod Kumar Pandey
Abstract :
: The paper has examined the impact of tax structures on economic growth in India. Data regarding Personal Income Taxes, Corporate Taxes, and Gross Domestic Product have been collected from the website of Reserve Bank of India from 1973-74 to 2018-19. The study applies Johansen Cointegration, Vector Error Correction Model followed by Wald Test to analyze the long-run and short-run relation between the variables. The results indicate that Corporate Taxes and Indirect Taxes have a positive impact while Personal Income Tax negative impact on the economic growth of India in the long run. Thus, the findings of this study do not support the decision taken by the Government of India regarding Corporate Tax rate cuts.
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Name : Tax Structure and Economic Growth: A Case Study of India
Author : C.A. (Dr.) Pramod Kumar Pandey
Abstract :
: The paper has examined the impact of tax structures on economic growth in India. Data regarding Personal Income Taxes, Corporate Taxes, and Gross Domestic Product have been collected from the website of Reserve Bank of India from 1973-74 to 2018-19. The study applies Johansen Cointegration, Vector Error Correction Model followed by Wald Test to analyze the long-run and short-run relation between the variables. The results indicate that Corporate Taxes and Indirect Taxes have a positive impact while Personal Income Tax negative impact on the economic growth of India in the long run. Thus, the findings of this study do not support the decision taken by the Government of India regarding Corporate Tax rate cuts.
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Name : Non- Performing Assets of Selected Indian Public and Private Sector Banks: A Comparative Analysis
Author : Prof Mrs P.SHEELA, M.SUGUNA, Varanasi Karthik
Abstract :
Today, one of the major issue that is haunting the Indian banking sector is Non Performing Assets (NPAs). With the rising NPAs the earning capacity and profitability of the banks are being highly affected. This paper compares the data of five selected Indian public and private sector banks and attempted to analyse and interpret how efficiently NPAs are managed over the period of 2010-2018. The findings were focused on performance and the management of NPAs point of view, through the study it was observed that the public sector banks are better performing, but coming to the management of NPAs the private sector banks are in better position. Finally, this study concludes with the findings and observations made from out of the analyses.
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Name : Assessing Nexus between Online Consumer Behavior of Luxuries’ Product and Risk Factors: Empirical Evidence from Working Women of Hyderabad, Pakistan
Author : Ikramuddin Junejo , Mehtab Siddiqui, Dr. Muneeruddin Soomro, Abdul Moiz Shah
Abstract :
This research was an attempt to analyze the impact of different factors that causes fluctuation in the behavior of the online buyers of the city Hyderabad, Sindh. Because of the fact that the use of technology is limited and the online shopping is somewhat new in the city there are some complications in the nature of this phenomenon. The primary data has been conducted with help of adopted questionnaire as research instrument and the population of this study were people of Hyderabad. The sample size was consisting of 297 and four variables as online consumer’s behavior, financial risk, product risk and convenience risk were taken for analysis. All studied variables are found have negative relationship with consumer’s behavior. Policy makers should consider findings of these variables in their future policies and marketing strategies.
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Name : Is Goods and Service Tax (GST) a Landmark in Indian Taxation System Indeed? A Review.
Author : Dr. Sanjeev , Dr. T. S. Sidhu , Dr. Shruti Sareen
Abstract :
Implementation of GST has been considered as one of the greatest reforms in Indian Taxation system as it has subsumed almost all the existing indirect taxes such as Excise, Central Sales Tax, VAT and Service Tax etc., which used to put cascading effect on the prices of goods and services. Hasty and under-planned implementation of GST on the part of government posed many problems for the tax payers/ assessees and the government as well, during the initial years. But the government was able to remove most of the glitches side by side. GST has turned the whole Indian economy comprising various sectors and a population of 1.3 billion into a single unified market. Through this paper, an attempt has been made to discuss the need of implementing GST, its various advantages as claimed by the government and other stakeholders, as well as some of the challenges posed before them. At present, Global Economic slowdown has also affected almost all the sectors of economy and has made it a daunting task for the governments to achieve the target revenue collections. So in the present situation, where the economy is undergoing the toughest times, implementation of GST does not seem to bear the expected fruit.
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Name : Can Electric Vehicles be a Viable and Sustainable Mode of Transportation in India?
Author : Rajeev Kumar Upadhyay
Abstract :
There is almost a broad consensus that electric vehicles coupled with renewable energy are greener and sustainable mode of transportation for India. However India needs to tread carefully. There is need to put infrastructures like battery charging stations and batteries management facilities in place to make electric vehicles viable option in India. But prior to this, adequate policy response is needed from the government to update its laws which could accommodate Li-ion and other types of batteries into its ambit. Moreover Indian Government has allocated budget for promotion of electric vehicles but that wouldn’t be enough. To speed up this process, there is a need for the participation from the corporate sector. Corporate sector can participate either by investing in the business to earn profits or in form of corporate social responsibility to help build a sustainable world. Also India needs to be careful that the push to electric vehicles wouldn’t result into increase in child labour and violation of human rights.
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Name : A Case Study on Toyota and Suzuki Cross-Badging Models - Vardan or Shrap!
Author : Dr. Binkey Srivastava, Mr. Amit Kumar Arora
Abstract :
The two major automaker company’s, Suzuki and Toyota agreed to strategic alliance in which Suzuki which is having a share of more than 50 percent of the domestic car market segment in India offers to provide few of its premium cars to be sold under the logo of Toyota; to get the advanced technology i.e, Hybrid engines and electric engines. The capabilities of the two companies are complementary as the Suzuki is known for the trust of the Indian consumers and Toyota is known for the technology advancement. Suzuki is having maximum share in Indian market by targeting the lower and middle-class segment by providing them various products with the range 2.78 lakhs to 11.48 lakhs. On the other hand, Toyota is serving the upper-class segment by providing them various products with a range of 6.42 lakhs to 1.74 crores. For Suzuki, this alliance seems to be a futuristic approach where Suzuki is going to get an electric engine which is the need for survival in the competitive market without spending any amount of research and development activity. On the other hand for Toyota, this alliance seems an opportunity to get capture more market share in the Indian market by targeting the middle-class segment. The concept behind this alliance is 1+1 = 11 not 2 as both the companies together cut the share of other players in the market without going to a price war with each other. So the deals seem to be sensible for both the sides but the future will let us know this will turn out to be Vardan or Shrap!
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Name : economic update
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Name : Editorial
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