Environmental dynamic, business strategy, and financial performance: An empirical study of Indonesian property and real estate industry
Firm’s strategic orientation involves synchronizing environmental dynamics, corporate strategy and capital structure in order to achieve firm performance targets. The co-alignment model used successfully in the hospitality industry might be used in a wider context as a framework in explain- ing thes...
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| Format: | Article |
| Language: | English |
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Universitas Indonesia
2013-04-01
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| Series: | The South East Asian Journal of Management |
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| Online Access: | http://journal.ui.ac.id/index.php/tseajm/article/viewFile/1522/3098 |
| Summary: | Firm’s strategic orientation involves synchronizing environmental dynamics, corporate strategy and capital structure in order to achieve firm performance targets. The co-alignment model used successfully in the hospitality industry might be used in a wider context as a framework in explain- ing these relationships simultaneously. Using the data of public firms in Indonesia during the pe- riod of 1996-2010, we found that co-alignment model can be implemented in property and real estate industry as well as in hospitality industry. |
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| ISSN: | 1978-1989 2355-6641 |