Human Capital Downturn Effect on Firm Performance in Tourism and Hospitality Industry

The objective of this study was to investigate the relationship between human capital and firm performance in the hotel, restaurant, and tourism industry periode 2019-2020. This is quantitative study that provides use of the mutilple linear regression method. The secondary data collection was obtain...

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Main Authors: Arya Aji Aditya, Cindy Olivia Angkasaputra, Hesti Wahyuni
Format: Article
Language:English
Published: Universitas Bung Hatta 2022-07-01
Series:Jurnal Manajemen Universitas Bung Hatta
Online Access:https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/20812
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author Arya Aji Aditya
Cindy Olivia Angkasaputra
Hesti Wahyuni
author_facet Arya Aji Aditya
Cindy Olivia Angkasaputra
Hesti Wahyuni
author_sort Arya Aji Aditya
collection DOAJ
description The objective of this study was to investigate the relationship between human capital and firm performance in the hotel, restaurant, and tourism industry periode 2019-2020. This is quantitative study that provides use of the mutilple linear regression method. The secondary data collection was obtained at www.idx.co.id, including income statement and financial statement notes for period 2019-2020. The analaysis result show that human capital has an effect on a firm performance. Based on the analysis result, we can conclude the COVID-19 pandemic has forced firms to implement human capital strategic planning such as layoffs, voluntary salary reductions, and reduced working hours, all of which have a detrimental effect on firm performance.
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spelling doaj.art-9d1eca01be2c46c2aaa867ef6609121f2024-04-16T04:55:56ZengUniversitas Bung HattaJurnal Manajemen Universitas Bung Hatta1907-65762615-53702022-07-0117220721810.37301/jmubh.v17i2.2081220278Human Capital Downturn Effect on Firm Performance in Tourism and Hospitality IndustryArya Aji Aditya0Cindy Olivia Angkasaputra1Hesti Wahyuni2Universitas AirlanggaUniversitas AirlanggaPoliteknik Negeri MalangThe objective of this study was to investigate the relationship between human capital and firm performance in the hotel, restaurant, and tourism industry periode 2019-2020. This is quantitative study that provides use of the mutilple linear regression method. The secondary data collection was obtained at www.idx.co.id, including income statement and financial statement notes for period 2019-2020. The analaysis result show that human capital has an effect on a firm performance. Based on the analysis result, we can conclude the COVID-19 pandemic has forced firms to implement human capital strategic planning such as layoffs, voluntary salary reductions, and reduced working hours, all of which have a detrimental effect on firm performance.https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/20812
spellingShingle Arya Aji Aditya
Cindy Olivia Angkasaputra
Hesti Wahyuni
Human Capital Downturn Effect on Firm Performance in Tourism and Hospitality Industry
Jurnal Manajemen Universitas Bung Hatta
title Human Capital Downturn Effect on Firm Performance in Tourism and Hospitality Industry
title_full Human Capital Downturn Effect on Firm Performance in Tourism and Hospitality Industry
title_fullStr Human Capital Downturn Effect on Firm Performance in Tourism and Hospitality Industry
title_full_unstemmed Human Capital Downturn Effect on Firm Performance in Tourism and Hospitality Industry
title_short Human Capital Downturn Effect on Firm Performance in Tourism and Hospitality Industry
title_sort human capital downturn effect on firm performance in tourism and hospitality industry
url https://ejurnal.bunghatta.ac.id/index.php/JMN/article/view/20812
work_keys_str_mv AT aryaajiaditya humancapitaldownturneffectonfirmperformanceintourismandhospitalityindustry
AT cindyoliviaangkasaputra humancapitaldownturneffectonfirmperformanceintourismandhospitalityindustry
AT hestiwahyuni humancapitaldownturneffectonfirmperformanceintourismandhospitalityindustry