Pacific B usiness R eview (International)

A Refereed Monthly International Journal of Management Indexed With Web of Science(ESCI)
ISSN: 0974-438X
Impact factor (SJIF):8.603
RNI No.:RAJENG/2016/70346
Postal Reg. No.: RJ/UD/29-136/2017-2019
Editorial Board

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

Prof. Dipin Mathur
(Consultative Editor)

Dr. Khushbu Agarwal
(Editor in Chief)

Editorial Team

A Refereed Monthly International Journal of Management
March 2023


Name : Index
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Name : Identification of Success & Failure Factors in Roads/Highways Infrastructure Development Project Involving PPP in India
Author : Dr . Shraddha Verma,Dr.Amit Mishra
Abstract :
India has prioritized road and highway infrastructure expansion with Public-Private Partnership (PPP) projects and has established a great bar for venture capital incursions. However, it is generally assumed that roads or highways infrastructure work has not continued to evolve at a requisitestride and that PPProad or highway infrastructure projects have been plagued by multiple footraces and project delays, thereby jeopardizing project success or failure. This paper examines the crucial success aspects&failure factors of roads or highways infrastructure projects that are part of a public-private partnership in India. Using different approaches, a survey questionnaire was donebetween samples of stakeholders in road or highways infrastructure projects to recognize the CSF (critical success factor) and CFF (critical failure factor) at altogether four foremost project phases. The critical factors were first identified by rating them according to their average or mean score. To consider the critical success/failure variables, the predictable RII score was scrapped long ago. Lastly, the crucial success &failure factors were acknowledgedgrounded on stakeholder ranking and their relationship. The calculations revealed a stronger link between the various methods and a higher level of agreement amid project stakeholders on the acute success factors and failure aspects of road or highwaysinvolving PPP infrastructure projects.
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Name : Loneliness in Workplace: The Dilemma of Identification with the Organization
Author : H.Tezcan Uysal ,Fatma Yılmaz Kılıçkaya
Abstract :
The goals of this study are to examine employees' perceived levels of organizational identification (OI) in terms of their sense of workplace loneliness (WL), to determine whether there is a significant relationship between these concepts and, if any WL exists for an employee, to reveal its role in a workplace on the employees' OI. A significant and negative relationship was found between WL and OI; a significant and negative relationship was found between the independent sub-variable, emotional deprivation, and OI. Also, a significant and positive relationship was found between social friendships and OI. It was found that a 1 unit increase in the emotional deprivation sub-dimension caused an increase of 0.111 units on OI, and a 1 unit increase in the social friendship sub-dimension caused an increase of 0.836 units on one's OI.
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Name : Confirmatory Factor Analysis of Construct used to Measure Corporate Governance in Commercial Banks of Nepal
Author : Dr. Bijay Lal Pradhan,Professor Dr. Hemant Kothari,Tika Ram Chalise
Abstract :
Corporate Governance is a system of laws and approaches through which corporation are directed and controlled with intention of monitoring the action of management and directors and evade the misdeed of corporate officers. After East Asian financial crisis in 1997, both commercial and Industrial sector have become awake on corporate governance. It has been observed from the decade study that, there is a significance advantage from corporate governance on firm performance. There exist many studies of relationship between corporate governance and firm performance in developed countries; however less research has conducted in case of developing countries like Nepal. The recent corporate scandal in some of the financial institutions of Nepal has stimulated the importance of corporate governance practices in Nepalese banking sectors. This study is coined to validate the measure of corporate governance practices of Nepalese commercial banks. The study was conducted with seven constructs having 28 items to measure corporate governance practices. Samples data has been collected from Chairman, CEO, Director, company secretary, manager and shareholders of commercial banks. Confirmatory factor analysis was measured through path analysis using AMOS 20. Modification indices and standardized residual analysis were used as diagnostic measure of CFA.
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Name : A Study on the different traits of Womens Leadership Style in India with reference to Educational Sector in Gujarat State
Author : Alfiya Vohra,Dr. Ajay Trivedi
Abstract :
The above study is purely focusing on the identification of the different women traits that have been associated with the nature of women and that have the significant impact on their performance in the organization. The traits of women leaders are the social, loyalty, accuracy and many other parameters based on which the traits of women leaders are going to evaluate in terms of the educational institutes in the Indian context. To identify the various women traits in the educational institutes the descriptive statistics that have been used in terms of the mean score generation and finally the association that have been measured in the study for the identification of the significant difference of opinion of 100 women leaders in terms of their different traits which have the direct or indirect impact on their performance. The traits that have been covered underthis particularstudy are Nature ofWomen Leaders,Recognition and Long-termAssociationandEnthusiastic andPositiveNatureofLeader.
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Name : Candlestick Patterns' Effectiveness Analysis using TOPSIS Method for Selected Bank Stocks
Author : Dr. Ashish Adholiya ,Shilpa Adholiya,Dr. Khushbu Agarwal
Abstract :
Financial market generates huge amount of trading information on every day basis. Financial market is represented by share market, commodity market, fixed securities, and different monetary forms and so forth. Further, for the financial derivatives organized markets are also there which also contributes in the pile of trading data. The multifold progression of financial market is because of risk based investment behaviors and diversified investment avenues. The integration of technology based platforms also escalated the volume of operations to the newer heights that also helped the financial market to step up. One well known method of analyzing the market trend is Candlestick Technical Analysis which is Chart based Japanese method of market analysis. Among all the different and advanced methods of market analysis this method is the oldest one and enables understating for the market trend with graphical outlook. This particular research work presented the incidence and also examined effectiveness of the candlestick trends presenting bullish reversal for the 5 leading stocks of Bank Nifty for the period of 10 years from 2010 to 2020. This work is statistically enriched with the help of the back testing method of Data mining to identify the most effective and executing Candlestick trends relating to the regularity of incidences executed in the period of study. Effectiveness of profitability productivity is assessed through TOPSIS over back tested consequences for 5-days holding. Through the results it was concluded that among all the different candlestick patterns Hammer ranked on first position.
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Name : The Inexorable Rise of Quantum Leadership amid Chaos
Author : Soh Wan Geok,Mohamad Bin Bilal Ali
Abstract :
Amid chaos, it is important to present an overview of quantum leadership as the new leadership paradigm that is essential to business organizations, governments, societies, and the environment. This narrative review describes quantum leadership through complexity science and considers good leadership in the change trajectory. Specifically, leaders emphasizing relevancy in developing interpersonal relationships and seeing change in others and willing to expedite cooperation among organizational members were characterized. The literature in major databases was assessed, where relevant quantum leadership and quantum leader articles were reviewed. Qualitative studies were synthesized to highlight the quantum leadership style and promote it in academia. There was an evident increase in quantum leadership studies in this Southeast Asia region, contributing to novel developments in management science in industry organizations and even in higher education. Organizational management identified opportunities in chaotic environments, paralleling science and systems where consciousness, relationships, genuineness, and uprightness might be considered. There is an evident need for studies on intentional lifelong learning via quantum leadership to encourage a knowledgeable society through this paradigm.
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Name : Review on Digitalization of Human Resource Management Functions
Author : Anand Sengupta,Shweta Lalwani
Abstract :
The article discusses the importance of digital HR transformation in organizations in the post-pandemic world. The COVID-19 pandemic has made it necessary for HR departments to prioritize restructuring the culture of organizations by adopting a hybrid working model that provides flexibility to employees. Digitalization has become an enabler that changes behaviors, communication, and interactions with customers and employees, and HR's role as a change agent is crucial in this regard. HR departments are being asked to lead the digital transformation sweeping organizations worldwide, and they need to support organizations in redesigning job roles with outcome-based performances. HR digital transformation is the process of changing operational HR processes to become automated and data-driven. The article explains that HR digitalization processes incorporate the use of digital channels and the use of social media platforms for recruiting, and it provides examples of HR functions that have successfully been innovated. The article concludes by emphasizing the need for HR to develop competencies as a strategic business partner to lead the organization's overall growth strategy based on digitalization tools.
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Name : Implications of Goods and Service tax on Revenue Productivity of Indian States: A Panel Data Analysis
Author : Shubham Garg,Priyanka,Karam Pal Narwal,Sanjeev Kumar
Abstract :
The government of India has implemented the Goods and Service Tax in July 2017 in India to remove the weaknesses in the Value Added Taxation system. The implementation of GST has started a debate among state governments that the adoption of GST will adversely impact their revenue collection. Therefore, the current study tries to examine the implication of GST on the revenue productivity of Indian states via panel regression analysis. The result indicates that the adoption of the GST has improved the revenue productivity of the states. However, the results affirm that richer states have greater revenue productivity from the adoption of the GST which may widen the gap of existing inter-state disparity as GST collection contribute a major share in Own Tax Revenue of the Indian states in aggregate.
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Name : Venture Capital Financing in India
Author : Dr. Shelly
Abstract :
In this era of investment when innovation and technology based business ideas thrive Venture Capital, a relatively new financial service, has emerged primarily to help first generation entrepreneurs translate their business ideas into realities. It has played key role in establishing many successful business enterprises around the globe, especially in US. Besides providing capital for idea based enterprises, who may not be able to get required assistance from traditional financial institutions, venture capitalists also reinforce their presence as value creators through their long term association with investee firms. As far as India is concerned, venture capitalists might not have been as established as their western counterparts are, but in the last ten years they have become of age and worked hard in setting up an alternate investment universe to evolve and boost the entrepreneurial startup ecosystem in the country. The present paper is an endeavor which examines theoretical framework of venture capital financing, and also analyses the Indian scenario in terms of evolution, trends, regulations and challenges faced by venture capital funds in the country. It is concluded that if thriving ecosystem for venture capital financing is created by concerted efforts undertaken by regulatory bodies, GOI and VCFs themselves, this alternate investment vehicle can become a pillar to reckon with in economic development of the country.
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Name : Profitability Analysis through Discriminant Analysis – A Study on FMCG Sector
Author : Dr. Somnath Das
Abstract :
In this study we give emphasis on FMCG sector. Seven popular FMCG companies have been selected for analysis. Profitability analysis of the selected companies with the help of Wilks' Lambda and multiple discriminant analysis is the main objective of this study. For this reason different financial ratios like Net Profit Margin, Total Assets Turnover Ratio, Operating Profit Margin, Earning per Share, Dividend Pay-out Ratio, Return on Capital Employed, Cash Profit Margin, Equity Multiplier and Current ratio are used. These companies are segregated into highly profitable and less profitable companies on the basis of Return on Net Worth. Among the nine ratios three ratios namely Dividend Pay-out ratio, Earning per share and Return on Capital Employed are the significant ratios due to their discriminatory power. Dividend pay-out ratio has the highest impact on profitability and it followed by Earning per share and Return on Capital employed.
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Name : Managing Workplace Ostracism through Resilience in Healthcare Sector: A Qualitative Study
Author : Himani Obera,Ila Mehrotra Anand
Abstract :
Purpose: The main purpose of the present study is to understand the negative consequences of workplace ostracism in the form of adverse event encountered by healthcare practitioners. The second major and unique aim was to establish resilience as a moderator which buffers the impact of workplace ostracism. Design/Methodology/Approach: The approach used in this study is phenomenography, based on non-dualistic ontological perspective which investigates an individual's experiences of a phenomenon and also emphasize on understanding the different ways in which a phenomenon can be experienced and realised. The phenomenographic approach helped us to prepare a varied set of categories of description which is derived from the doctor's perception and understanding about the phenomenon of ostracism at their workplace.A total of 50 currently practicing medical doctors were approached at their work place for the data collection using purposive sampling technique. The respondents i.e. doctors were selected by asking some screening questions. However, only 18 of them were found to be qualified after the screening for a meaningful contribution to our study. Further, the data collected from these 18 respondent doctors through a semi-structured interview process which was later analyzed by employing a seven-stage analysis & interpretation process.
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Name : Blockchain Technology Applications and Cryptocurrencies: Current Practice and Future Trends
Author : Kusuma Kumari B M,Ahmad Ali AlZubi,Kharzhevskyi Viacheslav,Shabnam Sayyad
Abstract :
There are several benefits to using technology to create new methods. Blockchain technology delivers openness and a secure mechanism for business solutions. By examining contemporary commercial opinions, instances, and research, it also focuses on the energy industry and the state of the economy. In bitcoin, the transaction is finished after the miner adds the transaction information to the blockchains that are processed. On the other hand, creating a suitable bitcoin method, which takes time, is essential. The gaming industry is seeing an increase in the use of cryptography, which presents a significant potential for study and evaluation collaboration with platforms to define the operation. This experimental investigation's main goal is to investigate how widely used cryptocurrencies like Bitcoin and blockchain technology are in India. Researchers can learn more from the investigation about the prospect, risks, and potential applications of blockchain within the Indian public industry. This research was done to gather crucial data from Indian citizens using an online data collection technology to meet the research objectives. Descriptive statistics and SEM have thus been used to investigate the causative link between explanatory variables and individuals' intent to utilize given the sample size of (n = 376). According to this research, knowledge and perceived trust are two relatively important characteristics that influence whether or not people plan to utilize Bitcoin in the future.
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Name : Editorial
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