Factor analysis
| Factor | Cronbach's alpha | |
|---|---|---|
| Factor 1: Workplace factor | ||
| Treat all employees with fairness and dignity | 0.78 | |
| Encourages freedom of thought and challenge status quo | 0.70 | |
| Provide career satisfaction | 0.62 | |
| Owner-manager business has clear corporate governance | 0.44 | |
| Owner-manager businesses provide career progression | 0.66 | |
| Social dialogue | 0.67 | |
| Owner-manager business provides training opportunities | 0.69 | 0.89 |
| Allows employee exercise their initiative and creativity | 0.55 | |
| One-man business provides job security | 0.55 | |
| Sustainable employment | 0.61 | |
| Allow employee express opinion on issues bothering them | 0.51 | |
| Promote conducive working arrangement | 0.50 | |
| Workplace relationship in a one-man business | 0.42 | |
| Factor 2: Geographical factor | ||
| Lagos promotes dignifying work | 0.79 | |
| Lagos promotes productive work | 0.77 | |
| Lagos promotes gender equity | 0.66 | |
| Lagos offers opportunities for work | 0.61 | 0.87 |
| Lagos promotes freedom of choice of employment | 0.62 | |
| Job security | 0.62 | |
| Lagos promotes conducive working arrangement | 0.47 | |
| Lagos promotes good workplace relationship in a one-man business | 0.43 | |
| Factor 3: Employee benefit | ||
| Owner-manager business provides health insurance | 0.63 | |
| Owner-manager businesses pay salaries on time | 0.62 | |
| Owner-manager business provides retirement benefits | 0.58 | 0.82 |
| Owner-manager businesses give leave bonus | 0.53 | |
| Factor | Cronbach's alpha | |
|---|---|---|
| Treat all employees with fairness and dignity | 0.78 | |
| Encourages freedom of thought and challenge status quo | 0.70 | |
| Provide career satisfaction | 0.62 | |
| Owner-manager business has clear corporate governance | 0.44 | |
| Owner-manager businesses provide career progression | 0.66 | |
| Social dialogue | 0.67 | |
| Owner-manager business provides training opportunities | 0.69 | 0.89 |
| Allows employee exercise their initiative and creativity | 0.55 | |
| One-man business provides job security | 0.55 | |
| Sustainable employment | 0.61 | |
| Allow employee express opinion on issues bothering them | 0.51 | |
| Promote conducive working arrangement | 0.50 | |
| Workplace relationship in a one-man business | 0.42 | |
| Lagos promotes dignifying work | 0.79 | |
| Lagos promotes productive work | 0.77 | |
| Lagos promotes gender equity | 0.66 | |
| Lagos offers opportunities for work | 0.61 | 0.87 |
| Lagos promotes freedom of choice of employment | 0.62 | |
| Job security | 0.62 | |
| Lagos promotes conducive working arrangement | 0.47 | |
| Lagos promotes good workplace relationship in a one-man business | 0.43 | |
| Owner-manager business provides health insurance | 0.63 | |
| Owner-manager businesses pay salaries on time | 0.62 | |
| Owner-manager business provides retirement benefits | 0.58 | 0.82 |
| Owner-manager businesses give leave bonus | 0.53 | |
Source(s): Author's computation, 2020