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
August 2024


Name : Index
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Name : Analyzing ESG Investment Trends in India: A Focus on HDFC's ESG Practices and Framework
Author : Naresh Babu K S, Dr. M. Subramanyam
Abstract :
SRI- Socially Responsible Investment refers to the allocation of funds in certain practices that have a high social impact which includes assessment of the business on the Environmental, Social and Governance (ESG) schemes.ESG (Environmental, Social, and Governance) investments have garnered significant interest from the investors and customers globally. Such investments adopt a triple bottom-line approach, integrating financial returns with environmental and social considerations. This study examines the development and evolution of ESG practices in India, analyzes the legal and regulatory framework governing ESG investments of various corporate entities and focusing on HDFC Bank in Particular, and evaluates the sustainability performance of various corporate entities. This research paper investigates the dynamics and performance of sustainable investment funds, focusing on HDFC Environmental, Social, and Governance (ESG) schemes.
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Name : Flexible Work Arrangements: Empowering Employees through Supervisor Support for Enhanced Well-being
Author : Shiwani Singh,Dr. Taruna
Abstract :
This study investigates the linkage between flexible work arrangements (FWAs), supervisor support and employee well-being in information technology (IT) sector. Structural equation modeling (SEM) was applied for the analysis of data. The study reveals that FWAs directly enhance employee well-being. Furthermore, supervisor support was found to mediate this relationship, indicating that the presence of supportive supervisors enhances the positive effects of FWAs on employee well being. The mediation suggests that supervisors are keyto facilitate a supportive work environment which fosters employee well-being amidst the implementation of FWAs.
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Name : Indian and Japanese Companies Adherence to ESG Reporting and its impact on Financial Performance
Author : Dr. Meenu Maheshwari,Priyanka
Abstract :
Energy production in the last century has been chiefly done by extracting and burning fossil fuels. However, the continued use of these fuels has released significant amounts of greenhouse gases that have raised global temperatures. It is the collective responsibility of the energy sector to reduce fossil fuel usage and increase the use of clean energy sources. Because of these reasons, ESG reporting has become an important concept. The present article has observed four significant energy generation organisations from India and Japan; their reporting and financial data have been compared within the study to understand their impact. Secondary sources of data were collected from annual reports of the four companies along with ESG score of Refinitv. A regression analysis was done in the process to understand the relationship between ESG reporting and financial performance. The findings of the study have been able to establish a significant relationship between ESG reporting and financial performance for companies in the power sector of the two countries.
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Name : Evolution of Credit Risk Management Models for Business Loans: A Systematic Literature Review
Author : Satya Ranjan Mishra,Dr. Mahesh L. Chaudhary
Abstract :
A robust Credit Risk Management (CRM) framework is a pre-requisite for success of banks. The recent focus on recognition and management of Non Performing Assets has necessitated the use of sophisticated credit risk analysis models for banks. CRM models adequately capture and quantify the credit risk inherent in a loan proposal. This paper studies the evolution of such CRM models using a systematic literature review approach. It intends to present effective and time tested CRM models for the use by banks for managing their credit risk. The study is primarily divided into three important time horizons. In the pre 1800 era, subjective methods were used, as banking mostly remained in close circles. From late 1800s till 1950s, CRM models used univariate models to assess credit risk.
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Name : Issues with Sustainable Finance in India
Author : Dr. Priyanka Ranawat,Dr. Shubhi Dhaker
Abstract :
The strength of any modern economy is based on the soundness of its financial system. Sustainable finance refers to a school of thought that takes into consideration Environmental, Social and Governance (ESG) factors while making investments. Financial institutes play a major role in determining whether a country is pursuing sustainable economic development. The financial sector holds an immense amount of power and influence. Sustainable finance recognizes this and attempts to use it for the overall betterment of society. This study finds that sustainable corporations tend to provide higher return to investors. A study finds, is the companies put more efforts into ESG standards are more appealing to young professionals and can help companies engage with quality employees, enhance employee motivation and increase productivity overall. A study also finds that ESG companies tend to have a positive public image associated with them.
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Name : Impact of Environmental Concern and Product Perceived Value on Purchase Intention for Sustainable Fashion Products
Author : Mona Sharma,Dr. Yogita Sharma,Dr. Shivoham Singh,Dr. Sunil Kadyan
Abstract :
This study investigates the complex connection between Indian consumers' perceptions of the value of products and the tendency to buy sustainable fashion items, and environmental concern in an era marked by growing environmental difficulties. Understanding the mechanisms driving consumer behavior toward sustainable products is critical for both academia and industry as the globe struggles with urgent ecological concerns. The study uses a quantitative methodology and a structured survey to gather information from 200 Indian customers. AMOS was used to apply SEM to analyse the data. Environmental concern is measured using recognized measures that indicate how much people know, care about, and feel responsible for environmental issues. Indicators that show customers' propensity to make environmentally conscious purchasing decisions are used to gauge their intention to buy sustainable fashion items. Preliminary results show a strong positive link between the intention to buy sustainable items and environmental concern, indicating that increased sensitivity and awareness of environmental issues have a favourable impact on consumer behavior. The Perceived value of sustainable items further also found to have a significant impact on purchase intention suggesting that consumers are highly intended to buy environmentally friendly goods when they believe they provide both concrete and intangible benefits.
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Name : Interaction of Economic Systems in the World under the Influence of Global Trends: The Role of International Trade and Investment
Author : Olena Sokhatska,Maryia Savitskaya,Olena Zavhorodnia,Vadym Yemets,Maksym Naumov
Abstract :
This study explores that how Foreign Direct Investment and trade openness impact the economic interaction by considering economic globalization, as assessed by the KOF index. The basic idea endogenous growth theory is applied globally from 2001 and 2021. The study utilizes the econometric techniques of three-stage least squares and seemingly unrelated regression. The findings suggest that foreign direct investment play a significant role in fostering economic interaction inside specific countries. There is a strong and positive relationship between foreign direct investment and economic interaction. Foreign Direct Investment often serves as the main channel via which advanced technology are transferred to countries. The results indicates that the advantages of this venture would be greatly upgraded in the host country with a more grounded and more skilled labor force. Furthermore, the results suggest that foreign direct investment promotes domestic investment. For FDI driven growth to occur, it is necessary to have institutional stability and sound macroeconomic policies in place. Our findings indicate that global economic connection can be promoted by reducing the inflation rate, tax collection problem, and government consumption.
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Name : Neuromarketing's Impact on Buying Intentions: The Mediating Influence of Ethics
Author : Dr. Shivoham Singh,Dr. KDV Prasad,Dr. Devendra Shrimali,Dr Ved Srinivas,Dr. Divya Hiran
Abstract :
The empirical study examined the intricate relationship between neuro marketing, buying intentions and ethics, in the context of online customers. This study also explored how neuro-marketing methodologies, designed to access non-conscious reactions, influence the buying intentions of online customers. The five constructs neuro marketing, ethics in neuromarketing, interest in neuromarketing, awareness in neuromarketing, and buyer's purchase intention. A structured questionnaire was deployed to collect the data consisting of neuromarketing (5 items), buyers' purchase intentions (5 items), Interest in neuromarketing (4 items), Awareness in neuromarketing (3 items) and ethics in neuromarketing (4 items).To reach the targeted respondents who are ITemployees working in the Metro of Hyderabad, a convenience sampling technique was adopted. The other characteristic considered was the IT employee who do online shopping at least 2-3 times in a month.
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Name : Shopping as Therapy: A Study of Feminist Buying Behaviour in terms of Emotions and Self-pleasing while Shopping.
Author : Dr. Seema Singh,Deepa Ahuja,Prince
Abstract :
Shopping to alleviate negative moods, to please self and to compensate your emotions- works as a therapy to make you feel better. The greatest and most precious things in the world cannot be seen and perhaps even touched but can feel only are “Emotions” and we need to compensate those emotions in the way of self-pleasing. The objective of the paper is to gain an insight into the emotional self-perspective of female consumer while shopping and how they treat shopping for self-pleasing. This paper also identifies and categorizes the factors of Self-pleasing affecting female consumer behavior. The data of 200 respondents (females) was collected with the help of structured questionnaire (from the metro and non-metro city) and analyzed with the help of descriptive statistics and ANOVA. So, this paper is investigating the feminist buying behavior in terms of emotions and self-pleasing while shopping.
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Name : Impact of Corporate Social Responsibility on Financial Performance of Ethiopian Commercial Banks: A Case Study of Wegagen Bank S.C
Author : Teshale Getu,Dr. Nidhi Nalwaya
Abstract :
The integration of fundamental elements of corporate social responsibility (CSR) into financial institutions and banking policies and procedures is essential for mitigating compliance-related risks. This research explores how corporate social responsibility influences the financial performance of Wegagen Bank S.C., a commercial banking institution in Ethiopia. This study investigates the impacts of corporate social responsibility on the financial performance of Wegagen Bank S.C., a commercial bank in Ethiopia. Utilizing an explanatory research design, this study employs quantitative and qualitative methods. Data was collected via purposive sampling by using questionnaires and interviews for primary data, and document reviews for secondary data. Statistical analysis, conducted using SPSS version 20, included tools such as correlation, regression, percentages, and trend analysis. The findings highlight a range of CSR activities conducted by the bank, demonstrating a affirmative link between corporate social responsibility initiatives and financial performance. Challenges identified include limited research, implementation difficulties, and credibility issues. Opportunities include enhancing the corporate image, increasing deposits, attracting foreign currency, and acquiring new customers.
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Name : Factor Influencing Consumers' Behavioural Intention towards the Adoption of Mobile Payment in Saudi Arabia
Author : Dr Zaleha Mohamad,Dr Satinder Kaur Gujral, Dr D David Winster Praveenraj,Dr. Ajay N. Upadhyaya, Sudheer Choudari
Abstract :
This study aims to find out various factors affecting the Attitude towards using Mobile-payment and to propose a conceptual framework showing the relationship between independent, mediating and dependent variables on the basis of an in-depth literature review and validate it through empirical analysis. A systematic review of various research was done on mobile payments by collecting, reviewing and synthesizing studies that related to mobile payments published and accessible. SPSS v.20 was used for all analyses. With the help of Regression analysis the proposed conceptual model and hypotheses were tested. The findings of the study indicate that ATUMP is a significant factor in relation to behavioral intention to use mobile payments. This study provides new and important information about the factors affecting the spread of mobile payment services in Saudi Arabia
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Name : Digital Transformation of the National Economy Regulation in the COVID 19 Conditions
Author : Tetiana Stroiko,Anastasiia Duka,DenysKrylov,Tetiana Denysiuk,Vitalii Stoika
Abstract :
The article examines the main trends of digital transformation under the impact on the state regulation of the Ukraine's economy in the context of pandemic challenges. The purpose of the article is to study the digital transformations of the national economy regulation in the COVID-19 pandemic. Within the scope of the studywere used: dialectical method, method of analysis and synthesis, monographic method, method of abstraction and formalization, statistical method, method of generalizations and graphic method. It is noted that digital transformation creates a synergistic effect, since sustainable development can best be achieved under the conditions of coordinated cooperation of participants, exchange of experience, knowledge, information and resources in the process of achieving common goals. The influence of digitalization on certain areas of the national economy, namely entrepreneurship, education, health care, and the banking sector, is analyzed. The state and prospects of the introduction of electronic government in Ukraine, which is used as a tool of state-administrative reform, have been studied. The main tasks and priority directions of the national economy regulation in the conditions of information transformations are defined.
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Name : Study of Innovative Packaging Designs that Create a Long-Lasting Impression on the Consumers Mind
Author : Lubna Sabir,Dr D David Winster Praveenraj,Dr. Mamatha. J,Dr. Akeela. P,Dr. Manisha
Abstract :
Purpose: The main purpose of innovative packaging design is to attract customers' attention. Packaging design has the power to elicit strong emotions and feelings from consumers in addition to providing information. Effective packaging looks very attractive and tends to create a good first impression Innovative means something new, different, uncommon and unique. Design/methodology/approach: The convenient sampling method was used for data collection of data. Total 802 self-administered questionnaires were used for data analysis. To evaluate the study's hypothesis, Pearson's correlation approach was employed. Findings: It was found through the study that there is a significant correlation between the purchase decision of the respondents and the packaging of the products. At the same time, the color and design of the products also have long lasting impression on the minds of the consumer. Practical Implications: The results of the study will help the manufacturing companies to even check into the packaging of the products more so that they can increase their sell and earn good profits. This will help companies create effective packaging designs and attract customers.
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