Replication Data for: EMPIRE BUILDING AFTERMATH: LABOR COST STICKINESS TRIGGERING MASS LAYOFFS IN FINANCIAL DISTRESS

This dataset provides comprehensive replication materials for the research paper titled "EMPIRE BUILDING AFTERMATH: LABOR COST STICKINESS TRIGGERING MASS LAYOFFS IN FINANCIAL DISTRESS". The study investigates the structural shift toward labor cost anti-stickiness and its role as a catalyst for mass layoffs within the Indonesian manufacturing sector during the "Tech Winter" period (2022–2024). The repository contains 8 files organized as follows: 1. Primary Research Data (Excel) Master Data.xlsx: The complete raw longitudinal data extracted from audited financial reports of manufacturing companies listed on the Indonesia Stock Exchange (IDX). Master Screening.xlsx: The detailed step-by-step purposive sampling and data filtering process based on the established research criteria. data_siap_stata.xlsx: The final processed dataset, cleaned and formatted specifically for import into Stata statistical software. 2. Corporate Governance & Scoring (Excel) Independent Commissioner Scoring.xlsx: The manual expert classification and scoring for independent commissioners based on financial and business expertise. Independent Commissioners Name.xlsx: The specific list of independent commissioner names. 3. Statistical Analysis & Replicability (Stata Files) stata_progres.dta: The balanced panel dataset in Stata format, ready for immediate empirical analysis. command_stata.do: The full command scripts containing the adapted Anderson, Banker, and Janakiraman (ABJ) models, Fixed Effects (FE) regression, and robustness checks (Interest Coverage Ratio). hasil_stata_viona.log: The original Stata output log file documenting the statistical results, significance tests, and diagnostic procedures (VIF and Hausman tests). These files are provided to ensure the transparency and full replicability of the study's findings.