Exploratory Factor Analysis Results for Independent Variables


The closer the correlation between these two variables to 1, the stronger the linear correlation (Hoang Trong & Chu Nguyen Mong Ngoc, 2005).

In this research model, the author will test the correlation between each dependent variable and the independent variables and between the independent variables with each other. The author expects a strong linear correlation between the independent variables and the dependent variables.

b. Regression analysis


The multiple regression analysis method used here is the Enter method: all variables are entered once and the statistical results related to the variables entered into the model are examined.

In this study, the author will analyze the regression of 03 main models, which are the impacts of 07 independent variables (job characteristics, training and promotion, income, superiors, colleagues, brand, benefits) on 03 component variables of organizational commitment (emotional commitment, maintenance commitment, and moral commitment). Through that, the author hopes to provide answers to the two questions (1) and (2) in the research purpose section.

c. Testing hypotheses


Assessment of regression model fit: R2, adjusted R2.


Test the research hypothesis by accepting or rejecting the research hypothesis presented.

Determine the level of influence of independent variables on 03 component variables (dependent variables) of organizational commitment: the factor with a larger β coefficient can be said to have a higher level of influence than other factors. If the correlation coefficient is negative, it means that they have an inverse relationship, and if it is positive, it means that they have a positive relationship.


d. Analyze the impact of qualitative variables using Dummy variables


The assessment of the influence of qualitative variables on organizational commitment here is done by using Dummy variables and then running multiple regression using SPSS software. In fact, we can recode all qualitative variables to conduct multiple regression analysis using Dummy variables. However, we can analyze ANOVA first to determine whether the qualitative variables affect the employee's organizational commitment factor or not, if not, we will not need to use Dummy variables to run regression, but if we find that the qualitative variable has an influence, we will use Dummy variables to test by running multiple regression. The purpose of this analysis is to find out whether there is a significant difference (statistically significant) in the factors affecting the organizational commitment factor between different groups of employees.

The qualitative factors analyzed in this research are gender, age, education level, seniority, department/job, and average monthly income of Military Bank employees in Ho Chi Minh City area.

3.5. SUMMARY


In this chapter, the author has presented an overview of the research process to achieve the set objectives. The research process consists of two main steps: qualitative research to discuss and exchange to supplement and correct scales and variables; and quantitative research to survey, collect data, process and analyze data using SPSS software.


CHAPTER 4: RESEARCH RESULTS

After collecting and processing the data, the author will present a basic description of the research sample and the results of the analyses performed.

4.1. SAMPLE DESCRIPTION


4.1.1. Data collection method


As presented in the above chapter, the sample was selected by convenience sampling method with a minimum sample size of 240 samples.

The collection method was to send questionnaires directly to the respondents who were employees of the Military Commercial Joint Stock Bank in Ho Chi Minh City. The total number of questionnaires sent was 500. The number of responses was 287, however, after re-checking, it was determined that 255 questionnaires were valid and were used for analysis. Thus, the study met the minimum sample size requirement.

4.1.2. Sample information description


o The ratio of male and female interviewees was quite similar (49.4 and 50.6%).

o More than 66% of the respondents were between 25 and 30 years old. The number of people over 40 years old accounted for less than 4%.

o Most of the interviewees were university graduates (83.5%).

o The majority of interviewees were people with less than 5 years of experience (32.9% for less than 3 years and 46.7% for 3 to 5 years).

o As many as 43.9% of the respondents worked in the sales department, 33.3% came from customer service and the rest came from the support department.

o Regarding average income, the majority is from 5 to 10 million VND (69%), from 10 to 15 million VND accounts for 28.2%.

The author would like to summarize and describe detailed sample information in the following table:


Table 4.1. Sample description


STT

Information

Frequency

Rate (%)

1

Sex

Male

126

49.4%

Female

129

50.6%


2


Age

Under 25 years old

33

12.9%

25 to 30 years old

169

66.3%

From 30 to 40 years old

43

16.9%

Over 40 years old

10

3.9%


3


Education level

Secondary/College

17

6.7%

University

213

83.5%

Above University

25

9.8%

Other

0

0%


4


Years of service

Under 3 years

84

32.9%

From 3 years to 5 years

119

46.7%

From 5 years to 10 years

27

10.6%

Over 10 years

25

9.8%


5


Function/Department

Customer service

85

33.3%

Business

112

43.9%

Support

58

22.7%

Other

0

0%


6


Average income

Under 5 million VND

1

0.4%

From 5 to 10 million VND

176

69.0%

From 10 to 15 million VND

72

28.2%

Over 15 million VND

6

2.4%

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Exploratory Factor Analysis Results for Independent Variables

4.2. TESTING AND EVALUATING THE SCALE


4.2.1. Cronbach's Alpha Analysis


Table 4.2. Results of Cronbach's Alpha analysis


STT

Observation variable

Correlation coefficient

variable – sum

Cronbach's Alpha coefficient

If the variable is removed

1

Job Characteristics – CV: Cronbach's Alpha = .744

CV1

.593

.658

CV2

.582

.664

CV3

.504

.721



CV4

.506

.703


2

Training and Advancement – ​​DT: Cronbach's Alpha = .930

DT5

.712

.927

DT6

.803

.916

DT7

.857

.909

DT8

.756

.922

DT9

.788

.918

DT10

.857

.909


3

Income – TN: Cronbach's Alpha = .828

TN11

.668

.780

TN12

.698

.766

TN13

.660

.783

TN14

.608

.804


4

Superior – CT: Cronbach's Alpha = .860

CT15

.659

.837

CT16

.694

.830

CT17

.686

.830

CT18

.697

.828

CT19

.635

.840

CT20

.574

.854


5

Colleagues – Enterprises: Cronbach's Alpha = .842

DN21

.687

.797

DN22

.642

.817

DN23

.731

.776

DN24

.656

.810


6

Brand – TH: Cronbach's Alpha = .877

TH25

.737

.848

TH26

.761

.832

TH27

.763

.832

TH28

.704

.857


7

Welfare – PL: Cronbach's Alpha = .810

PL29

.593

.806

PL30

.728

.664

PL31

.670

.730

8

Emotional attachment – ​​GBTC: Cronbach's Alpha = .898

GBTC32

.738

.878

GBTC33

.816

.867



GBTC34

.702

.883

GBTC35

.837

.865

GBTC36

.741

.877

GBTC37

.558

.909


9

Maintenance Engagement – ​​GBDT: Cronbach's Alpha = .926

GBDT38

.833

.905

GBDT39

.839

.902

GBDT40

.896

.891

GBDT41

.840

.902

GBDT42

.642

.941


10

Moral Commitment – ​​GBDD: Cronbach's Alpha = .901

GBDD43

.743

.882

GBDD44

.824

.870

GBDD45

.726

.885

GBDD46

.822

.872

GBDD47

.731

.884

GBDD48

.587

.909

After performing Cronbach's Alpha analysis of 10 scales, the results obtained were quite good. All Cronbach's Alpha indexes of the scales met the given requirements.

≥ 6. Regarding the variable-total correlation coefficient, all indexes are quite high (>0.5), higher than the minimum requirement (<0.3)

Thus, after analyzing Cronbach's Alpha, all variables give parameters that meet the research requirements. Therefore, the author will continue to use all of this data to perform the next steps, more specifically the next EFA analysis.

4.2.2. Exploratory factor analysis (EFA)


When analyzing EFA, to evaluate the reliability of the scale, the best strategy is to use EFA analysis for all scales at the same time (Nguyen Dinh Tho, 2011). In this research topic, the author will analyze EFA in general for independent variables, and the dependent variables will be analyzed separately 3 times according to 3 components of organizational commitment.


4.2.2.1. Factor analysis for independent variables


The author conducted an exploratory factor analysis (EFA) of the following 7 scales: Job characteristics; Training and promotion; Income; Superiors; Colleagues; Brand; and Benefits.

The author uses the Principal components factor extraction method with Varimax rotation and stops when extracting factors with Eigenvalues ​​greater than or equal to 1 to perform the analysis. The analysis results are shown in the following table (the author has eliminated factor loadings with small values ​​< 0.3 for easy observation) (please see details in Appendix 5) .

Table 4.3. Results of exploratory factor analysis for independent variables


STT

Variable

Element

1

2

3

4

5

6

7

1

CV1

.319





.642


2

CV2






.724


3

CV3






.636


4

CV4






.667


5

DT5

.724







6

DT6

.751







7

DT7

.864







8

DT8

.764







9

DT9

.748







10

DT10

.862







11

TN11





.754



12

TN12





.773



13

TN13





.746



14

TN14





.704



15

CT15


.705






16

CT16


.687






17

CT17


.635






18

CT18


.677




.305


19

CT19


.635






20

CT20


.689






21

DN21




.748





22

DN22




.713




23

DN23




.771




24

DN24




.741




25

TH25



.851





26

TH26



.821





27

TH27



.800





28

TH28



.749





29

PL29







.713

30

PL30







.747

31

PL31







.765

Eigenvalues

11,052

2,532

2.109

1,681

1,448

1,322

1,254

Variance (%)

35,652

8,169

6.804

5,423

4,672

4,265

4,047

Sig.

0.000

KMO

0.878

There are 2 small notes on the data after analysis:


o The observed variable CV1 has a simultaneous loading factor of 0.319 on factor 1 and 0.642 on factor 6. The difference is 0.323, satisfying the requirement ≥ 0.3.

o Observed variable CT18, has a simultaneous loading factor on factor 2 of 0.677 and factor 6 of

0.305. The difference is 0.372, satisfying the requirement ≥ 0.3.


The analysis results show:


The number of extracted factors is 07 factors.

KMO coefficient reached 0.878: Factor analysis is suitable for research data.

Bartlett test: Meets requirements (Sig = 0.000 < 0.05). Proves that the observed variables in factor analysis are correlated with each other in the population.

Total variance extracted: 69.031% (greater than 50%). It shows that the above 7 factors explain 69.031% of the variation in the data.

Eigenvalue coefficient values ​​of all factors meet the requirements (>1).

Through the results of factor analysis, we see that all variables have satisfactory factor loading coefficients (factor loading > 0.5).

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