Factors Affecting Industrial Relations: An Empirical Study with reference to Power Sector of West Bengal
Arnab Banerjee(Research Scholar, Department of Business Administration, Vidyasagar University, West Bengal, India), Debasish Biswas(Assistant Professor and Head, Department of Business Administration, Vidyasagar University, West Bengal, India) and Sajijul Islam*(Research Scholar, Department of Business Administration, Vidyasagar University, West Bengal, India) *Corresponding author's Email
Banerjee, Arnab; Biswas, Debasish and Islam, Sajijul (2019), “Factors Affecting Industrial Relations: An Empirical Study with reference to Power Sector of West Bengal”, MERC Global’s International Journal of Management, Vol. 7, Special Issue 1, pp. 34-41.
Submitted: March 21, 2019, Revision received: April 24, 2019, Accepted: April 30, 2019
In this present study, the authors have tried to identify the factors which help to enhance the satisfaction level of the employees concerning to industrial relations of the power sector located in West Bengal. The authors have gone through the multifarious existing literature to find out such type of factors. But the authors were unable to extract such significant factors which affect the industrial relations in this type of organisation. So, from the various literature reviews, the authors have identified significant variables which will help us to explore the important factors. Before exploring the factors, the authors have to validate the scale. Therefore, in the present study, the authors have validated the scale before exploring the factors and finally, the authors have established the relations among the factors and the industrial relations. The authors have used, the reliability test, convergent and discriminant validity test to validate the scale. Then, the authors have used the Exploratory Factor Analysis (EFA) to explore the factors and finally, the Path Analysis model has been used to establish the relations among the factors and industrial relations. As a result, after validating the scale, the authors have explored five factors, namely ‘Employees’ Welfare’, ‘Employees’ Issues’, Employees’ Attitudes’, ‘Employees’ Discipline’, and ‘Employees’ Knowledge’. The result of path analysis modelling suggest that the relations among the factors and industrial relations can be explained by standardized coefficients of 0.454 for Employees’ Welfare; 0.321 for Employees’ Issues; 0.246 for Employees’ Attitudes; 0.280 for Employees’ Discipline; and 0.29 for Employees' Knowledge. The model has been significantly satisfied with all the indicators of the Model Fitness.
Factors, Industrial relations, Structural equation model, Power sector, West Bengal.
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