ECONOMIC PERFORMANCE AND ITS FACTORS: 5 YEARS OBSERVATION OF MANUFACTURING COMPANIES IN INDONESIA
DOI:
https://doi.org/10.31000/bvaj.v6i1.6522Abstract
The purpose of this study was to determine the effect of competitive advantage, corporate social performance, business strategy on economic performance in manufacturing companies listed on the Indonesia Stock Exchange (IDX). The time period of the study is 5 years, started from 2014-2018. The population of this study includes all manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2014-2018 period. The sampling method used in this study is purposive sampling. Based on predetermined criteria obtained 12 companies. The type of data used is secondary data obtained from the Indonesia Stock Exchange website. Data were analyzed using Eviews 9.0 with the analytical method used was regression logistic data panel analysis. The results showed that competitive advantage have a negative effect on economic performance, business strategy have a positive effect on economic performance while corporate social performance have no effect on economic performance.
Keyword:  economic performance, competitive advantage, corporate social performance, business strategy
References
Arminen, H., Puumalainen, K., Pätäri, S., & Fellnhofer, K. (2018). Corporate social performance: Inter-industry and international differences. Journal of Cleaner Production, 177, 426–437. https://doi.org/10.1016/j.jclepro.2017.12.250.
Bentley-Goode, K.A., Newton, N.J., & Thompson, A. . (2017). bentleygoode2017_Business Strategy, Internal Control Over Financial Reporting,. A Journal of Practice & Theory, 49–69. https://doi.org/10.2308/ajpt-52693.
Donaldson, L., & Davis, J. H. (1991). Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns. Australian Journal of Management, 16(1), 49–64. https://doi.org/10.1177/031289629101600103.
Eksandy, Arry. (2018). Metode Penelitian Akuntansi dan Manajemen. Universitas Muhammadiyah Tangerang
fahrurrozie, W. S. P. T. (2014). Accounting Analysis Journal. 3(3), 310–320.
Gray, R., Kouhy, R., & Lavers, S. (1995). Corporate social and longitudinal study of UK disclosure. Accounting, Auditing & Accountability Journal, 8(2), 47–77. https://doi.org/10.1108/09513579510146996.
Kabir, H. (2017). Positive Accounting Theory and Science. (April 2011). https://doi.org/10.2139/ssrn.1027382.
Karsam. (2017). Pengaruh Strategi Bisnis Terhadap Sistem Pengendalian Manajemen – Studi pada BUMN Kategori Industri Strategis di Indonesia. 4(1), 113–124.
Keller, K. &. (2009). Manajemen Pemasaran (13th ed.). Jakarta: Erlangga.
Kusuma, I. G. A., Mendra, I. W., & Anggraini, N. P. N. (2014). Pengaruh Kinerja Ekonomi Dan Kinerja Lingkungan Terhadap Corporate Social Responsibility Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia (2010 – 2012). Juima, 4(2), 148–160.
Li, S., Ragu-nathan, B., Ragu-nathan, T. S., & Rao, S. S. (2006). The impact of supply chain management practices on competitive advantage and organizational performance. 34, 107–124. https://doi.org/10.1016/j.omega.2004.08.002.
Mahmud, M. T. (2019). Legitimacy Theory and its Relationship to CSR Disclosures. (March), 6.
Michael Porter. (2003). Competitive Advantage by Michael Porter. Strategy, 26(February).
Miles & Snow. (1978). Organizational Strategy, Structure, and Process. New York: Mc Graw-Hill.
Setiawan, H. (2016). Bidang Pemasaran Terhadap Kinerja Perusahaan. 2(8), 105–130.
Titisari, K. H., & Alviana, K. (2012). Jurnal Akuntansi dan Keuangan Indonesia PENGARUH ENVIRONMENTAL PERFORMANCE TERHADAP. 9(1), 56–67.
Uddin, M. (2017). Teachers of Private Education Institutions of Bangladesh .â€, European Journal Work-Life Balance : A Study on Female Teachers of Private Education Institutions of Bangladesh . (January 2013).
Ulya, M. A., & Prastiwi, A. (2014). Pengaruh Corporate Governance Terhadap Kinerja Ekonomi dengan Kinerja Lingkungan Sebagai Variabel Intervening. Diponegoro Journal Of Accounting, 3(3), 1–14.
Utama, I. M. K. (2015). Pengaruh Social Responsibility dan Informasi Laba Akuntansi Pada Return Saham. E-Jurnal Akuntansi Universitas Udayana, 1, 191–207.
Wardani, D. K., & Isbela, P. D. (2017). Pengaruh strategi bisnis dan. Jurnal Riset Akuntansi Dan Keuangan Fakultas Bisnis UKDW, 13(2), 91–106.
Wibisono, M. (2014). Hubungan Antara Corporate Social Performance (CSP) dan Corporate Financial Performance (CFP) Pada Sektor Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2010-2012. 3(1), 1–19.
Widyaningdyah, A. U., & Aryani, Y. A. (2013). Intellectual Capital dan Keunggulan Kompetitif (Studi Empiris Perusahaan Manufaktur versi Jakarta Stock Industrial Classification-JASICA). Jurnal Akuntansi Dan Keuangan, 15(1), 1–14. https://doi.org/10.9744/jak.15.1.1-14.
Widyasari, P. A., Harindahyani, S., & Rudiawarni, F. A. (2017). Strategi Bisnis dalam Praktik Manajemen Laba pada Perusahaan Manufaktur di Indonesia. 21(040), 397–411.
https://www.sahamok.com/return-saham/
https://www.idx.co.id/perusahaan-tercatat/laporan-keuangan-dan-tahunan/
Downloads
Published
Issue
Section
License
pernyataan bahwa pemegang hak artikel
Authors who publish with International Journal of Advances in Intelligent Informatics agree to the following terms: Authors retain copyright and grant the International Journal of Advances in Intelligent Informatics right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (CC BY-SA 4.0) that allows others to share (copy and redistribute the material in any medium or format) and adapt (remix, transform, and build upon the material) the work for any purpose, even commercially with an acknowledgement of the work's authorship and initial publication in International Journal of Advances in Intelligent Informatics. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in International Journal of Advances in Intelligent Informatics. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).