IDEAS home Printed from https://ideas.repec.org/a/ibn/ijbmjn/v16y2023i8p96.html
   My bibliography  Save this article

The Inferred Determinants of Employees’ Turnover Intention: A Comparison between Japanese and Foreign-Owned Firms in Japan

Author

Listed:
  • Rei Hasegawa
  • Shinji Hasegawa
  • Takashi Akiyama

Abstract

This study compares the factors that are inferred to directly and indirectly influence the process of determining employees’ turnover intention in Japan. This study focuses on the differences made by firm type, that is, Japanese firms vs. foreign-owned or foreign-affiliated firms. Multiple-group structural equation modeling was attempted by applying factors such as perceived organizational support, the positiveness of a worker, firm-specific skills, organizational commitment, perception of career opportunities within the current firm and in other firms, and turnover intention. It was found that the inferred determinants of turnover intention differed by firm type; specifically, career prospects, either internal or external, do not directly affect turnover intention in Japanese firms. For workers in foreign firms, positivity is significantly higher than that of Japanese firms. Positivity plays a crucial role in both firms; moreover, our study provides supporting evidence of the existence of sub-markets in Japan and shows that the transition of workers from foreign-owned to Japanese firms might be rare.

Suggested Citation

  • Rei Hasegawa & Shinji Hasegawa & Takashi Akiyama, 2023. "The Inferred Determinants of Employees’ Turnover Intention: A Comparison between Japanese and Foreign-Owned Firms in Japan," International Journal of Business and Management, Canadian Center of Science and Education, vol. 16(8), pages 1-96, February.
    • Handle: RePEc:ibn:ijbmjn:v:16:y:2023:i:8:p:96
    as

    Download full text from publisher

    File URL: https://ccsenet.org/journal/index.php/ijbm/article/download/0/0/45602/48479
    Download Restriction: no
    File URL: https://ccsenet.org/journal/index.php/ijbm/article/view/0/45602
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ono, Hiroshi, 2010. "Lifetime employment in Japan: Concepts and measurements," Journal of the Japanese and International Economies, Elsevier, vol. 24(1), pages 1-27, March.
    2. John P. Hausknecht & Jacob A. Holwerda, 2013. "When Does Employee Turnover Matter? Dynamic Member Configurations, Productive Capacity, and Collective Performance," Organization Science, INFORMS, vol. 24(1), pages 210-225, February.
    3. Hashimoto, Masanori, 1981. "Firm-Specific Human Capital as a Shared Investment," American Economic Review, American Economic Association, vol. 71(3), pages 475-482, June.
    4. Edward P. Lazear, 2009. "Firm-Specific Human Capital: A Skill-Weights Approach," Journal of Political Economy, University of Chicago Press, vol. 117(5), pages 914-940, October.
    5. Aoki, Masahiko, 2001. "Information, Corporate Governance, and Institutional Diversity: Competitiveness in Japan, the USA, and the Transitional Economies," OUP Catalogue, Oxford University Press, number 9780198297031, Decembrie.
    6. Hashimoto, Masanori & Raisian, John, 1985. "Employment Tenure and Earnings Profiles in Japan and the United States," American Economic Review, American Economic Association, vol. 75(4), pages 721-735, September.
    7. Benjamin A. Campbell & Martin Ganco & April M. Franco & Rajshree Agarwal, 2012. "Who leaves, where to, and why worry? employee mobility, entrepreneurship and effects on source firm performance," Strategic Management Journal, Wiley Blackwell, vol. 33(1), pages 65-87, January.
    8. Nile W. Hatch & Jeffrey H. Dyer, 2004. "Human capital and learning as a source of sustainable competitive advantage," Strategic Management Journal, Wiley Blackwell, vol. 25(12), pages 1155-1178, December.
    9. Yasemin Y. Kor & Huseyin Leblebici, 2005. "How do interdependencies among human‐capital deployment, development, and diversification strategies affect firms' financial performance?," Strategic Management Journal, Wiley Blackwell, vol. 26(10), pages 967-985, October.
    10. Benjamin Campbell & Martin Ganco & April Franco & Rajshree Agarwal, 2009. "Who Leaves, Where to, and Why Worrry? Employee Mobility, Employee Entrepreneurship, and Effects on Source Firm Performance," Working Papers 09-32, Center for Economic Studies, U.S. Census Bureau.
    11. Michael Spence, 1973. "Job Market Signaling," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(3), pages 355-374.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nakabayashi, Masaki, 2011. "Schooling, employer learning, and internal labor market effect: Wage dynamics and human capital investment in the Japanese steel industry, 1930-1960s," MPRA Paper 30597, University Library of Munich, Germany.
    2. Shad S. Morris & Sharon A. Alvarez & Jay B. Barney & Janice C. Molloy, 2017. "Firm-specific human capital investments as a signal of general value: Revisiting assumptions about human capital and how it is managed," Strategic Management Journal, Wiley Blackwell, vol. 38(4), pages 912-919, April.
    3. Etienne Wasmer & Peter Fredriksson & Ana Lamo & Julian Messina & Giovanni Peri, 2005. "The Macroeconomics of Education," Post-Print hal-03458955, HAL.
    4. Charles E. Eesley & Yong Suk Lee, 2021. "Do university entrepreneurship programs promote entrepreneurship?," Strategic Management Journal, Wiley Blackwell, vol. 42(4), pages 833-861, April.
    5. Subramanian, Annapoornima M. & Nishant, Rohit & Van De Vrande, Vareska & Hang, Chang Chieh, 2022. "Technology transfer from public research institutes to SMEs: A configurational approach to studying reverse knowledge flow benefits," Research Policy, Elsevier, vol. 51(10).
    6. Evan Starr & Martin Ganco & Benjamin A. Campbell, 2018. "Strategic human capital management in the context of cross‐industry and within‐industry mobility frictions," Strategic Management Journal, Wiley Blackwell, vol. 39(8), pages 2226-2254, August.
    7. Simeth, Markus & Mohammadi, Ali, 2017. "The impact of open innovation on employee mobility and entrepreneurship," Working Paper Series in Economics and Institutions of Innovation 449, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    8. Anne Wyatt & Hermann Frick, 2010. "Accounting for Investments in Human Capital: A Review," Australian Accounting Review, CPA Australia, vol. 20(3), pages 199-220, September.
    9. Chila, Vilma, 2021. "Knowledge dynamics in employee entrepreneurship : Implications for parents and offspring," Other publications TiSEM a1f5d18c-783b-4af6-8414-6, Tilburg University, School of Economics and Management.
    10. Kimura, Taro & Kurachi, Yoshiyuki & Sugo, Tomohiro, 2022. "Decreasing wage returns to human capital: Analysis of wage and job experience using micro data of workers☆," Journal of the Japanese and International Economies, Elsevier, vol. 66(C).
    11. Etienne Wasmer & Peter Fredriksson & Ana Lamo & Julian Messina & Giovanni Peri, 2005. "The Macroeconomics of Education," Post-Print hal-03458955, HAL.
    12. repec:hal:spmain:info:hdl:2441/9064 is not listed on IDEAS
    13. YOKOYAMA Izumi & KODAMA Naomi & HIGUCHI Yoshio, 2016. "What Happened to Wage Inequality in Japan during the Last 25 Years? Evidence from the FFL decomposition method," Discussion papers 16081, Research Institute of Economy, Trade and Industry (RIETI).
    14. NAKABAYASHI, Masaki, 2011. "Acquired Skills and Learned Abilities: Wage Dynamics of Blue-collar Workers in Internal Labor Markets," ISS Discussion Paper Series (series F) f153, Institute of Social Science, The University of Tokyo, revised Apr 2012.
    15. Shawn M. Riley & Steven C. Michael & Joseph T. Mahoney, 2017. "Human capital matters: Market valuation of firm investments in training and the role of complementary assets," Strategic Management Journal, Wiley Blackwell, vol. 38(9), pages 1895-1914, September.
    16. repec:spo:wpecon:info:hdl:2441/9064 is not listed on IDEAS
    17. repec:hal:wpspec:info:hdl:2441/9064 is not listed on IDEAS
    18. Nathan Barrymore & Cristian L. Dezső & Benjamin C. King, 2022. "Gender and competitiveness when earning for others: Experimental evidence and implications for sponsorship," Strategic Management Journal, Wiley Blackwell, vol. 43(5), pages 905-934, May.
    19. Yanick Labrie & Claude Montmarquette, 2005. "La formation qualifiante et transférable en milieu de travail," CIRANO Project Reports 2005rp-04, CIRANO.
    20. Oyer, Paul & Schaefer, Scott, 2011. "Personnel Economics: Hiring and Incentives," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 20, pages 1769-1823, Elsevier.
    21. Shaun M. Dougherty, 2018. "The Effect of Career and Technical Education on Human Capital Accumulation: Causal Evidence from Massachusetts," Education Finance and Policy, MIT Press, vol. 13(2), pages 119-148, Spring.
    22. Marco Caliendo & Deborah A. Cobb-Clark & Cosima Obst & Helke Seitz & Arne Uhlendorff, 2022. "Locus of Control and Investment in Training," Journal of Human Resources, University of Wisconsin Press, vol. 57(4), pages 1311-1349.
    23. Edward P. Lazear, 1995. "Personnel Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121883, December.

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibn:ijbmjn:v:16:y:2023:i:8:p:96. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.