An investigative study on sustainable competitive advantage of manufacture companies in Indonesia
The purpose of the research is to investigate the effect of external and internal factors on corporate performance and sustainable competitive advantage. The samples of the study are ten manufacturing companies in the pharmaceutical, cosmetic, and household utility sectors listed on the Indonesia St...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Vilnius Gediminas Technical University
2020-10-01
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| Series: | Business: Theory and Practice |
| Subjects: | |
| Online Access: | https://journals.vgtu.lt/index.php/BTP/article/view/12256 |
| _version_ | 1797334835395559424 |
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| author | Edi Purwanto Agnes Debora Bernice Purwanto |
| author_facet | Edi Purwanto Agnes Debora Bernice Purwanto |
| author_sort | Edi Purwanto |
| collection | DOAJ |
| description | The purpose of the research is to investigate the effect of external and internal factors on corporate performance and sustainable competitive advantage. The samples of the study are ten manufacturing companies in the pharmaceutical, cosmetic, and household utility sectors listed on the Indonesia Stock Exchange (IDX). The data analysis use PLS-SEM. The result shows that corporate performance is influenced by leverage and liquidity (internal factors) significantly but is not influenced by external factors significantly as well as organizational performance doesn’t impact the sustainable competitive advantage significantly. The results of this study can be a concern for companies that corporate performance is not the ultimate goal of a business. Still, it must be followed by a sustainable competitive advantage if the company wants the return is not temporary, but sustainable. The originality of the paper is the results of this study show that the competitive advantage of an industry or company can not only rely on one factor, from external or internal environmental factors. |
| first_indexed | 2024-03-08T08:27:57Z |
| format | Article |
| id | doaj.art-f6d93ee6f652436fa1ad39f1c3edbf95 |
| institution | Directory Open Access Journal |
| issn | 1648-0627 1822-4202 |
| language | English |
| last_indexed | 2024-03-08T08:27:57Z |
| publishDate | 2020-10-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | Business: Theory and Practice |
| spelling | doaj.art-f6d93ee6f652436fa1ad39f1c3edbf952024-02-02T04:30:52ZengVilnius Gediminas Technical UniversityBusiness: Theory and Practice1648-06271822-42022020-10-0121210.3846/btp.2020.12256An investigative study on sustainable competitive advantage of manufacture companies in IndonesiaEdi Purwanto0Agnes Debora Bernice Purwanto1Department of Management & Jaya Launch Pad, Universitas Pembangunan Jaya, Tangerang Selatan, IndonesiaDepartment of Management, Universitas Bunda Mulia, Jakarta, IndonesiaThe purpose of the research is to investigate the effect of external and internal factors on corporate performance and sustainable competitive advantage. The samples of the study are ten manufacturing companies in the pharmaceutical, cosmetic, and household utility sectors listed on the Indonesia Stock Exchange (IDX). The data analysis use PLS-SEM. The result shows that corporate performance is influenced by leverage and liquidity (internal factors) significantly but is not influenced by external factors significantly as well as organizational performance doesn’t impact the sustainable competitive advantage significantly. The results of this study can be a concern for companies that corporate performance is not the ultimate goal of a business. Still, it must be followed by a sustainable competitive advantage if the company wants the return is not temporary, but sustainable. The originality of the paper is the results of this study show that the competitive advantage of an industry or company can not only rely on one factor, from external or internal environmental factors.https://journals.vgtu.lt/index.php/BTP/article/view/12256macroeconomicleverageliquidityfirm performancesustainable competitive advantage |
| spellingShingle | Edi Purwanto Agnes Debora Bernice Purwanto An investigative study on sustainable competitive advantage of manufacture companies in Indonesia Business: Theory and Practice macroeconomic leverage liquidity firm performance sustainable competitive advantage |
| title | An investigative study on sustainable competitive advantage of manufacture companies in Indonesia |
| title_full | An investigative study on sustainable competitive advantage of manufacture companies in Indonesia |
| title_fullStr | An investigative study on sustainable competitive advantage of manufacture companies in Indonesia |
| title_full_unstemmed | An investigative study on sustainable competitive advantage of manufacture companies in Indonesia |
| title_short | An investigative study on sustainable competitive advantage of manufacture companies in Indonesia |
| title_sort | investigative study on sustainable competitive advantage of manufacture companies in indonesia |
| topic | macroeconomic leverage liquidity firm performance sustainable competitive advantage |
| url | https://journals.vgtu.lt/index.php/BTP/article/view/12256 |
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