JEJAK
Vol 15, No 2 (2022): September 2022

The Influence of Business Competitiveness on Relocation Decisions

Bambang Dwi Suseno (Bina Bangsa University)
Septiana Sari (Staff of Industrial Estate Management Langgeng Sahabat Cikande)
Ahmad Maksum (Bina Bangsa University)
Malik Fatoni (Bina Bangsa University)



Article Info

Publish Date
14 Oct 2022

Abstract

This study aims to examine the causal relationship between wage policy, business competitiveness, and employee productivity on the decision to relocate the company's operating base as a research problem. The research method used is a survey method with a correlational quantitative approach, and the sampling technique used is non-probability sampling with a purposive sampling method. This research uses structural-based variance equations, SmartPLS variance, and SEM-based. The population in this study are managers who work in the footwear industry in Banten Province. The test results show that (1) wage policies have a significant effect on employee productivity; (2) wage policies have a significant effect on business competitiveness; (3) wage policies have a significant effect on business relocation decisions; (4) employee productivity has no effect on business relocation decisions; and (5) business competitiveness has a significant effect on business relocation decisions. The theoretical implication is that the findings of this study contribute to the theory of human resource economics and business competitiveness. The managerial implication of the results of this study is the importance of formulating appropriate wage policies and increasing employee productivity so that there is no relocation of companies outside Banten Province.

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Journal Info

Abbrev

jejak

Publisher

Subject

Economics, Econometrics & Finance

Description

JEJAK: Jurnal Ekonomi dan Kebijakan p-ISSN 1979-715X | e-ISSN 2460-5123 is a scientific journal that contains the results of research and theoretical studies in the field of economic development, especially on matters of economic policy in Indonesia was published by the Department of Economic ...