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
September 2023


Name : Index
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Name : Lead-Lag Relationship between the Spot and Futures in the Indian Equity Market - An Empirical Examination
Author : Sheethal S.,Sruthiya V. N.,Nithin Jose
Abstract :
Derivatives as financial instruments are used to either mitigate risk or assume risk with the expectation of commensurate reward. The research is undertaken to examine the lead-lag relationship between the spot and futures in the equity market. The cointegration tests revealed that there is a long-run relationship between the spot and futures prices, allowing investors to employ various diversification strategies to gain profit with minimal risk. The direction of causality is also examined and showed a unidirectional relationship among the variables. In the case of the Nifty 50 index, it has been determined that the futures market outperforms the spot market thus the traders can predict the spot price movements with the help of the futures market information and earn profit at low risk. In the case of the Bank Nifty index, the Spot market leads the futures market.
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Name : Attaining Equilibrium: Exploring Work-Life Balance in the Banking Sector
Author : Reddy V. Surya Chaitanya,Dr. Radha Raghuramapatruni
Abstract :
Work-life balance is crucial in the life of working professionals to give them some control over the schedule, location, and methodology. The personal determination of an individual, the cooperation of their employers, and the support of society collectively play a vital role in achieving work-life balance by recognizing the employee's right to a fulfilling life both within and outside of paid labor.The changing nature of the banking industry's workplace and RBI requirements have made finding a work-life balance for bank workers one of their biggest concerns. Therefore, it is imperative that organizations developand apply such rules that allow employees to achieve harmony in their personal life and professional life. This will enable them to perform well, resulting in higher productivity and a decrease in stress and absenteeism levels. This study aims to determine the level of awareness among employees in different sectors, namely private and public sectors.It has been observed in the study that in both private and government sector banks stress level among employees is high. T
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Name : Dynamics of Firm's Growth: Evidences from Micro Enterprises in Haryana
Author : Manisha Goyal,Dr. Renu Aggarwal,Dr. Savita Bhagat
Abstract :
Microenterprises (MEs) are very important for the generation of employment opportunities and the expansion of many economies.In responsiveness of their fundamental functions, many regulatory changes have been made to improve the growth of these firms. The objective of present research is to identify the dynamics/determinants impacting the growth of MEs. Through random sampling method, the data have been collected from 157 MEs in Haryana, India. The data have been analyzed with the help of SPSS. The results of one way ANOVA revealed that age, education, location of enterprise and experience of entrepreneurs were significant predictors to the growth of MEs. Gender was not found to be significant factor to firms' growth.
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Name : An Effective Time Series Analysis for Forecasting NIFTY Metal Price Index using ARIMA Model
Author : Dr Hem Shweta Rathore,Dr Anusuya Biswas
Abstract :
The paper is an endeavour to forecast NIFTY Metal Index prices using the time series forecasting model-ARIMA to enable investors to take an informed decision based on forecasting to gain better profits in the short run.To achieve this objective, the study uses descriptive statistics, tests including Dickey Fuller (DF) Test, Augmented- Dickey Fuller (ADF) Test and Phillips Perron (PP) Test and Autoregressive Integrated Moving Average (ARIMA). To further strengthen the estimated results, Root Mean Square Error (RMSE), Mean Absolute Error (MAE), Mean Absolute Percent Error (MAPE) and Their Inequality Coefficient (TIC) tests are also conducted.The analysis reveals that data are normally distributed and non-stationary. Hence, ARIMA model is best fitted model with first order differencing. Based on the correlogram and associated ACF and PACF, the study estimated four ARIMAmodels and found ARIMA(3,1,4) is the best fitted model to forecast the future value of NIFTY Metal Price Index (NMPI).
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Name : Factors Affecting Consumer Buying Attitude towards “Made in Ethiopia” Shoes brands: The Case of Wolaita Sodo University Academic Staffs, Higher Education institution, Ethiopia
Author : Shebiru Tilahun Gossaye,Legese Lemma Chuma
Abstract :
This research has been conducted to assess factors affecting consumers buying attitude towards domestic shoe. The primary goal of this study is to examine the variables that influence consumers' attitudes toward domestic shoe purchases in the context of Wolaita Sodo University staff. The research design adopted was descriptive research and explanatory. The study employed mixed type of research approaches. Data were collected from academic staff of Wolaita Sodo University through survey questionnaires and interview. Samples of 320 respondents were selected using Probability sampling technique method. Participants of the study from different colleges and schools of Wolaita Sodo University by using Stratified Proportionate Sampling technique and systematic sampling technique were used in order to distribute Questionnaires. Primary types of data were used additionally some previously conducted literature and books were used for empirical and theoretical review.
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Name : Comparative Study of Psychological Wellbeing among Media Professionals
Author : Dr. Varsha Sharma
Abstract :
Media has always been an agent of strength builder for democracy in the country like India. While performing their jobs media officials are required to perform many prescheduled and sudden events with perfection. The 24*7 alertness of the job sometimes initiate a tension cycle for the media officials. During the health emergency state, it was the media officials who were doing exceptionally well in order to strengthen the voice of the needy. The present research paper is an effort to assess the level of psychological wellbeing among the on roll and off roll (contractual) media officials during the COVID. For collecting the primary data Wellbeing Index developed by Prof. V.L. Chouhan and V. Sharma was used. The statistical analysis indicated that there is significant difference between the level of wellbeing index among on roll and off role (contractual) media officials.
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Name : Comparing Work-Life Balance and Job Satisfaction among Nurses in Government and Private Hospitals in Chennai
Author : Dr. Manisha Shinde-Pawar,Kirti Kadam,Dr. Pratibha Deshmukh,Vidya Bhosale
Abstract :
By virtue of doing justice with their jobs, healthcare workers typically put aside their personal needs, which makes it challenging especially for women to maintain a healthy work-life balance. Keeping an equilibrium between one's professional and personal goals is a difficult task that requires work-life balance which is intricately entwined in every way. The healthcare industry is growing quickly, and nurses make up a sizable share of the workforce. The job is not easy as it requires many working night shifts, extended work hours, few breaks, and lots of work pressure. However, when provided witha supportive environment at the workplace as well as at home, they can focus well on their duties of serving patients and be more productive resulting in the increase of the quality of patient care. It is therefore needed to discuss strategies by identifying the numerous elements affecting the personal and professional lives of nurses and elevating their work-life balance. The present study aims to understand the factors influencing the work-life balance of nurses. Also, comparing the results between the nurses belonging to the government and private hospitals.
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Name : GDP and Population Growth in India: An Examination of Cointegration and Causality Behaviour
Author : Dr. Supreet Kaur
Abstract :
The present paper is an attempt to examine the existence of relationship, if any, between GDP and population in Indian Economy during post liberalisation period (i.e., from 1980-81 to 2019-20). For this purpose a variety of econometric techniques, such as Augmented Dickey Fuller (ADF) test Phillips-Perron (PP) tests of Stationarity; Johansen Juselius Cointegration Technique (trace test and max-eigen test) and bi-variate Granger Causality test were made use of. On the basis of the behaviour of growth pattern of GDP and population growth during the study period, it was observed that the growth rate of GDP has been surpassing than the growth rate of population during the entire study period, which may be viewed as a healthy sign for the development of an economy. Further, the econometric analysis revealed that there exists long run relationship between GDP growth and population as these variables were found to be cointegrated, while these variables do not Granger cause one another in the short run at the lower-ordered lags length, but at the higher ordered lag ,it has been observed that population growth granger causes GDPgrowth, which signifies that if more effective policy measures are undertaken to put increased population into skill building activities, then it can produce skilled labour force, thereby contributing to the further growth of an economy.
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Name : A Behavioral Study of Consumer Purchase Intention with the Application of Model of Extended Theory
Author : Anupam Pareek,Dr. Urvashi Bhamboo,Dr. Indrajit Ghosal
Abstract :
“Health is wealth” someone said so well, using health and safe products is one of the very important rights of every mankind and awareness of the items they use is mostly motivated by health and environmental concerns. Several factors, such as pollution, have an impact on the environment. It has been the most successful. As a result, the evolution of a green environment and green product has become a source of concern for the general population in a number of nations. In terms of Jaipur, Rajasthan, this issue is still in its infancy, especially among new consumers; nonetheless, the desire for environmentally friendly items is on the rise. The main focus of the study is to determine consumer purchasing intentions for green products. The sample was chosen for this purpose from Poornima University located in Jaipur, Rajasthan. A total of 200 university students were included in the study. The hypotheses were put to the test with the help of the study showed SmartPLS 3 and the results for the both inner and outer models.
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Name : Unveiling Stakeholder Perceptions of Integrated Reporting: An Empirical Analysis
Author : Dr Shiv Lal Parmar,Dr Shilpa Vardia
Abstract :
Integrated reporting (IR) refers to the representation of the financial and non-financial performance of a company in a single report. In India, corporate reporting has evolved significantly over the last ten years to provide more transparent, relevant, and comprehensive information to key users and stakeholders. The study explores stakeholders' perceptions of the impact of integrated reporting. 14 key benefits of IR and 6 key challenges relating to IR have been identified based on the annual report stakeholder's perceptions and consulting with academicians, practising chartered accountants (CA) and company secretaries (CS), students pursuing chartered accountants and company secretaries courses, IR students, and investors. To ascertain the differences in the opinions of users, they were classified into various categories (gender, age, qualification, and occupation). The opinion agewise (less than 25 years, 25 to 40 years, and 40 to 40 years).Only five of the fourteen questions show a significant difference. The opinion on challenges age-wise (less than 25 years, 25 to 40 years, and 40 years) Out of 6 questions, in only 2 questions is a difference found to be significant.
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Name : Counselling Services Delivered in Higher Educational Institutes to Build Positive Environment Impacting the Total Satisfaction of Students
Author : Pooja Nihalani,Dr Jampala Maheshchandra Babu,Dimple Sharma,Richa Audichya
Abstract :
Counselling helps to build faith and trust in the society so that the students can grow with less stress. The students need to work on professional and technical skills for creating their value in life. The skills with right minds can build assets and wealth of the country. The counselling's is needed to build ability of students to harness the resources for creating valuable services for the growth and development of the social system. The better advice and counselling can help to build effective systems for the country for designing technical knowledge. Counselling has become important for the students in these changing times. It is the need of moment to create an environment where students can manage the changes happening the environment. The aim of the paper is to develop a strategic framework for analysis of the impacts of quality counselling for providing students to create empowerment.
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Name : Satisfaction of Students regarding Quality in Higher Education-A Study of Punjabi University Patiala, Punjab (India)
Author : Shelly Sharma,Guneet Singh Bhalla,Dr. G S Bhalla
Abstract :
This research Paper explains the satisfaction of student regarding quality in higher education (Acase study of Punjabi university Patiala). Punjabi university Patiala has evolved into largest university in the state of Punjab. Patiala is a city in south-eastern Punjab, in northern India. It is fourth largest city in the state of Patiala. Punjabi university has 274 colleges affiliated to it .It has 70+ teaching and research department. Punjab state has 4 state university, 13 Private university and 5 other institute and university of national importance source: www.pbhe.punjab.gov.in In the Present study a total of 340 questionnaires had been distributed and 315 questionnaires had been collected out of which 10 questionnaires has been found to be inaccurate and response rate is 89.70%.Exploratory factor analysis has been used for analysis of data. Graphs and tables also used for better Presentation of data. Factors analysis shows 8 factors regarding the satisfaction of students. The result of factors analysis showed that student highly satisfied with academic administration, infrastructure facilities, library facilities, university administration, extracurricular activities, student has neutral response towards student motivation cell and students are dissatisfied with Placements and financial administration.
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Name : Editorial
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