Does Asset-Light Strategy Contribute to the Dynamic Efficiency of Global Airlines?
This study analyses the effect of asset-light strategy on the dynamic efficiency of global airlines from 2008 to 2013. First, a dynamic data envelopment analysis is employed to estimate the dynamic efficiency of global airlines. Second, the degree of asset-lightness is computed by combining the conc...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
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Elsevier Ltd
2017
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| Subjects: | |
| Online Access: | http://umpir.ump.edu.my/id/eprint/14759/1/fim-2017-irene-Does%20asset-light%20strategy%20contribute1.pdf |
| _version_ | 1825823223900536832 |
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| author | Wang, Wei-Kang Lin, Fengyi Irene, Wei Kiong Ting Kweh, Qian Long Lu, Wen-Min Chiu, Tzu-Yu |
| author_facet | Wang, Wei-Kang Lin, Fengyi Irene, Wei Kiong Ting Kweh, Qian Long Lu, Wen-Min Chiu, Tzu-Yu |
| author_sort | Wang, Wei-Kang |
| collection | UMP |
| description | This study analyses the effect of asset-light strategy on the dynamic efficiency of global airlines from 2008 to 2013. First, a dynamic data envelopment analysis is employed to estimate the dynamic efficiency of global airlines. Second, the degree of asset-lightness is computed by combining the concepts of the DuPont equation and financial ratios. Third, a multivariate analysis is performed to analyze the association between asset-light strategy and dynamic efficiency. The findings show that asset-light strategy significantly enables global airlines to have better corporate performance. Overall, this study suggests that global airlines should efficiently manage and allocate their light resources to sustain challenges in the dynamic global airline industry. |
| first_indexed | 2024-03-06T12:08:12Z |
| format | Article |
| id | UMPir14759 |
| institution | Universiti Malaysia Pahang |
| language | English |
| last_indexed | 2024-03-06T12:08:12Z |
| publishDate | 2017 |
| publisher | Elsevier Ltd |
| record_format | dspace |
| spelling | UMPir147592022-06-15T03:35:11Z http://umpir.ump.edu.my/id/eprint/14759/ Does Asset-Light Strategy Contribute to the Dynamic Efficiency of Global Airlines? Wang, Wei-Kang Lin, Fengyi Irene, Wei Kiong Ting Kweh, Qian Long Lu, Wen-Min Chiu, Tzu-Yu HD28 Management. Industrial Management This study analyses the effect of asset-light strategy on the dynamic efficiency of global airlines from 2008 to 2013. First, a dynamic data envelopment analysis is employed to estimate the dynamic efficiency of global airlines. Second, the degree of asset-lightness is computed by combining the concepts of the DuPont equation and financial ratios. Third, a multivariate analysis is performed to analyze the association between asset-light strategy and dynamic efficiency. The findings show that asset-light strategy significantly enables global airlines to have better corporate performance. Overall, this study suggests that global airlines should efficiently manage and allocate their light resources to sustain challenges in the dynamic global airline industry. Elsevier Ltd 2017 Article PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/14759/1/fim-2017-irene-Does%20asset-light%20strategy%20contribute1.pdf Wang, Wei-Kang and Lin, Fengyi and Irene, Wei Kiong Ting and Kweh, Qian Long and Lu, Wen-Min and Chiu, Tzu-Yu (2017) Does Asset-Light Strategy Contribute to the Dynamic Efficiency of Global Airlines? Journal of Air Transport Management, 62. pp. 99-108. ISSN 0969-6997. (Published) https://doi.org/10.1016/j.jairtraman.2017.03.010 doi: 10.1016/j.jairtraman.2017.03.010 |
| spellingShingle | HD28 Management. Industrial Management Wang, Wei-Kang Lin, Fengyi Irene, Wei Kiong Ting Kweh, Qian Long Lu, Wen-Min Chiu, Tzu-Yu Does Asset-Light Strategy Contribute to the Dynamic Efficiency of Global Airlines? |
| title | Does Asset-Light Strategy Contribute to the Dynamic Efficiency of Global Airlines? |
| title_full | Does Asset-Light Strategy Contribute to the Dynamic Efficiency of Global Airlines? |
| title_fullStr | Does Asset-Light Strategy Contribute to the Dynamic Efficiency of Global Airlines? |
| title_full_unstemmed | Does Asset-Light Strategy Contribute to the Dynamic Efficiency of Global Airlines? |
| title_short | Does Asset-Light Strategy Contribute to the Dynamic Efficiency of Global Airlines? |
| title_sort | does asset light strategy contribute to the dynamic efficiency of global airlines |
| topic | HD28 Management. Industrial Management |
| url | http://umpir.ump.edu.my/id/eprint/14759/1/fim-2017-irene-Does%20asset-light%20strategy%20contribute1.pdf |
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