Modelling the significance of strategic orientation for competitive advantage and economic sustainability: the use of hybrid SEM–neural network analysis

Yang, Marvello; Jaafar, Norizan; Mamun, Abdullah Al; Salameh, Anas A.; Nawi, Noorshella Che

doi:10.1186/s13731-022-00232-5

Cited by 31 publications

(22 citation statements)

References 98 publications

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“…The mediating function of competitive advantage in the relationship between dynamic capacities and business sustainability is further confirmed by Correia, Dias, and Teixeira (2020). According to prior research, competitive advantage has a mediating effect that amplifies the impact of other determinants on sustainability (Yang, Jaafar, Al Mamun, Salameh, & Nawi, 2022).…”

Section: Mediation Effectmentioning

confidence: 67%

“…The initial concept is that CSR programs offered by the government and companies can increase innovation and competitive advantage (Porter & Kramer, 2006). The competitive advantage extends the influence of strategic orientation on SMEs' economic sustainability (Yang et al, 2022). Competitive advantages must be continuously sought to ensure business sustainability (Soares, Da Silva Braga, Da Encarnação Marques, & Ratten, 2021).…”

Section: The Influence Of Csr Programs On Competitive Advantagementioning

confidence: 99%

“…Competitive advantage stimulates entrepreneurs' creative and innovative thinking and experimenting with new strategies. Therefore, SMEs can unlock their potential by developing product innovations and achieving economic sustainability (Yang et al, 2022). SMEs must also focus on price competition and other competitive advantage factors to improve their image and achieve sustainability (Margahana, 2020).…”

Section: The Effect Of Competitive Advantage On Sme Sustainabilitymentioning

confidence: 99%

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Competitive advantage as a mediating variable of corporate social responsibility programs’ effect on SME sustainability

Rochayatun

Pratikto²,

Wardoyo

et al. 2023

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The important role of small and medium enterprises (SMEs) in the economy requires SMEs to achieve business sustainability. The sustainability of SMEs can be achieved with assistance and guidance from external parties, both government and private, through corporate social responsibility (CSR) programs. This study investigates the mediating role of competitive advantage in the relationship between CSR programs and sustainability. The population of this study comprised SME owners who participated in CSR assistance programs offered by either state-owned enterprises or the private sector. This study collected quantitative data from 110 SMEs in East Java, located in the Malang, Probolinggo, Mojokerto, Kediri, and Blitar regions. Using structural equation modeling (SEM), the result was that companies or governments that provide CSR program assistance to SMEs contribute to an increase in SMEs' competitive advantage and business sustainability. Competitive advantage mediates the relationship between CSR programs and SME business sustainability. For companies or governments, providing CSR programs to SMEs requires mentoring models and CSR programs that focus on providing training to increase product innovation by creating unique products not easily imitated by competitors while maintaining competitive quality and prices. In addition, there is a need for training to increase SMEs’ understanding of compliance with legal standards in business management, the importance of establishing a comprehensive code of ethics in business management, and the role of SMEs’ contribution to charity so that business sustainability can continue to be pursued.

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Section: Mediation Effectmentioning

confidence: 67%

Section: The Influence Of Csr Programs On Competitive Advantagementioning

confidence: 99%

Section: The Effect Of Competitive Advantage On Sme Sustainabilitymentioning

confidence: 99%

See 1 more Smart Citation

Competitive advantage as a mediating variable of corporate social responsibility programs’ effect on SME sustainability

Rochayatun

Pratikto²,

Wardoyo

et al. 2023

View full text Add to dashboard Cite

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“…An enterprise's age has a signi cant effect on growth for the reason that older rms have more experience and a superior nancial position to execute their business activities than their counterparts relatively (Afande 2015; Leza et al 2016; Meressa,2020). Relevant knowledge on how to raise adequate capital to establish their business and the accurate calculation of cost are the two most important aspects of nancial knowledge for encouraging businesses to be pro table (Rachapaettayakom et al,2020;Yang et al,2022).…”

Section: Resultsmentioning

confidence: 99%

Impact of Working Capital Management on Profitability of Private Commercial Banks in Ethiopia

Mengstie

Ijara

Ijara³

2023

Preprint

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Working capital management is an important financial management decision for the profitability of commercial banks. The purpose of this study is to examine the impact of working capital management on commercial banks' profitability. The study used secondary data from audited financial statements of five private commercial banks in Ethiopia covering the period from 2011 to 2020. The banks were selected on a convenience basis. The financial information from the banks was analysed to determine the impact of the current ratio, bank size, a current asset to total asset ratio, loans and advances to total asset ratio, and current liabilities to total assets Ratios on profitability. The researchers applied descriptive statistics and inferential statistics. The data were analysed using the Stata data processing package. An econometric model is applied to examine the impact of working capital management on the profitability of commercial banks. A random effect model was employed and the result revealed that bank size and loans and advances to total assets were found to have a significant impact on banks' profitability. The current ratio, a current asset to total asset ratio, and current liabilities to total assets Ratios were found insignificant to influence banks' profitability. Since the profitability of the banks depends on working capital management, rigorous attention should be given to those factors that influence the profitability of commercial banks.

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“…Penyelidikan dan Pembangunan membawa kepada penciptaan teknologi dan reka bentuk baru dalam penghasilan sesebuah produk dan perkhidmatan halal (Wibowo, & Manelsi, 2022;Idris, Feisal, Ismail, Amer, Othman, & Ibrahim, 2022;Noorliza, 2022). Melalui penyelidikan dan pembangunan ekosistem halal, usahawan dapat memenuhi kehendak pengguna, mempelbagaikan produk, meningkatkan kualiti produk dan perkhidmatan halal (Azam & Abdullah, 2020;Noorliza, 2022;Yang, 2022). Oleh yang demikian, kajian ini dijalankan bagi memperlihatkan kepentingan Bahagian Hab Halal Jabatan Agama Islam Malaysia (JAKIM) dan Perbadanan Pembangunan Industri Halal (HDC) dalam membantu kerajaaan mempergiatkan usaha-usaha memperkukuhkan daya saing industri halal di Malaysia.…”

Section: Sorotan Literaturunclassified

Penyelidikan dan Pembangunan Ekosistem Halal dalam Meningkatkan Daya Saing Industri Halal Malaysia

Zakaria

Sulaiman²,

Razak³

et al. 2022

MJSSH

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Pelan Induk Industri Halal 2030 melaporkan pasaran global dan domestik produk halal menunjukkan trend positif di antara tahun 2018 hingga 2030. Perkembangan positif ini akan merancakkan pembangunan ekosistem halal di Malaysia yang selanjutnya akan mewujudkan peluang pelaburan, perdagangan, dan pekerjaan dalam industri halal. Oleh itu, kajian ini dijalankan untuk melihat sejauh mana penyelidikan dan pembangunan ekosistem halal dapat meningkatkan daya saing industri Halal Malaysia. Temu bual dengan pihak yang bertanggungjawab daripada Bahagian Hab Halal JAKIM dan Perbadanan Pembangunan Industri Halal (HDC) dijalankan bagi mendapatkan penjelasan berhubung isu ini. Hasil kajian mendapati Bahagian Hab Halal JAKIM telah membuat kolaborasi penyelidikan dan pembangunan ekosistem halal dengan pihak universiti dan organisasi swasta yang dapat meningkatkan kualiti pensijilan halal. Bahagian Hab Halal JAKIM juga telah membina makmal analisis yang dapat menjalankan penyelidikan dan pembangunan ekosistem halal. Manakala, HDC memainkan peranan dengan menganjurkan seminar iaitu World Halal Research bagi meningkatkan kerjasama penyelidikan dan pembangunan ekosistem halal dengan pelbagai pemain industri halal. Penyelidikan dan pembangunan ekosistem halal yang telah diusahakan oleh kedua-dua organisasi ini dapat membantu meningkatkan daya saing industri Halal Malaysia.

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Modelling the significance of strategic orientation for competitive advantage and economic sustainability: the use of hybrid SEM–neural network analysis

Cited by 31 publications

References 98 publications

Competitive advantage as a mediating variable of corporate social responsibility programs’ effect on SME sustainability

Competitive advantage as a mediating variable of corporate social responsibility programs’ effect on SME sustainability

Impact of Working Capital Management on Profitability of Private Commercial Banks in Ethiopia

Penyelidikan dan Pembangunan Ekosistem Halal dalam Meningkatkan Daya Saing Industri Halal Malaysia

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