Articles by Debashish Bhattacherjee

The evolution of Indian industrial relations is discussed here in a historical and structural context. In the first phase nationalist economic doctrines led to a state-dominated pluralism in the IR arena that finally gave way to its crisis of legitimacy. The state slowly began to withdraw from the economic domain. The second phase represents the post-liberalisation period with the 'structural adjustment programme'. The essential thesis of this paper is that the gradual spread of market principles has led to wide inter-regional and inter-sectoral differences in the levels of economic activity resulting in turn in considerable variation in the nature of labour-management relations. Consequently, an erstwhile 'national' IR system has given way to many 'local' IR systems.

Firm Performance An Exploratory Analysis Debashish Bhattacherjee S Jairam G Ravi Shanker The advent of liberalisation has clearly changed pay conditions in the firms by making pay more sensitive to the performance of the firm, irrespective of its size. Changes in the level of sales and in the stock of all past flows of profits significantly influence the incentive pay rises. With every Rs 100 increase in either sales or shareholders' wealth, the pay of the CEO increases by 15 paise to 22 paise.