An Investigative Study on Sustainable Competitive Advantage of Manufacture Companies in Indonesia

Purwanto, Edi and Bernice, Agnes Debora (2020) An Investigative Study on Sustainable Competitive Advantage of Manufacture Companies in Indonesia. Verslas: Teorija ir praktika, 21 (2). 0633-642. ISSN 1822-4202

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Abstract

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.

Item Type:	Artikel Jurnal/Prosiding
Uncontrolled Keywords:	Macroeconomic, leverage, liquidity, firm performance, sustainable competitive advantage
Subjects:	A General Works > AI Indexes (General)
Divisions:	Fakultas Humaniora dan Bisnis > Prodi Manajemen
Depositing User:	Admin Repository
Date Deposited:	18 Oct 2022 07:51
Last Modified:	20 Dec 2022 08:55
URI:	http://eprints.upj.ac.id/id/eprint/3306

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