Influence of the management philosophy on early turnover in the manufacturing industry

- An empirical study using text mining and panel analysis-

Abstract

This research focuses on the management philosophy and demonstrates the influence on early turnover with regard to organizational performance such as corporate profit.
We divided words included in the management philosophy into clusters by text mining,
and conducted statistical analysis using data of the manufacturing industry.
As a result, it was clarified that words in the management philosophy has the influence on early turnover and others.
One of theoretical contributions of this research is as follows.
It shows the relationship between organizational performance and the management philosophy, and provides a new viewpoint to problems, such as early turnover.
As a practical contribution, it brings information for defining and reorganizing the management philosophy.