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JOURNAL OF APPLIED BUSINESS AND ECONOMICS
Information Technology Industry: A Contagious Bubble Ball Ride Accelerating the Socio-Economic Catastrophe
Author(s): Ipsita Ghatak, Arindam Chatterjee, Rimu Chaudhuri, Malay Kumar Banerjee
Citation: Ghatak Ipsita, Chatterjee Arindam, Chaudhuri Rimu, Banerjee Malay Kumar, (2016) "Information Technology Industry: A Contagious Bubble Ball Ride Accelerating the Socio-Economic Catastrophe," Journal of Applied Business and Economics, Vol. 18, Iss. 7, pp.93-115
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This paper focuses on the superficially created lifestyle of IT workers; one that is created against their
volition with lots of free rides to bubble –balls. It also examines the overall operating characteristics of
IT organizations. Present work shows, unusual working hours and stressed out social lifestyle of IT
workers start draining health and other resources. Similarly very uncertain future Debt Service Coverage
Ratio of IT companies results in depletion of assets in servicing debt obligations. It is highly imperative
for all the stakeholders to acknowledge discontinuation of super economic performance in the long run.
We were, on the contrary, frightened to observe the abnormal behavior of IT creeping and contaminating
other socio-economic sectors. We hint at the disease for these peripherally impacted sectors also in this
work.
