Enterprise risk management and business strategy on firm performance: The role of mediating competitive advantage

Q1 Decision Sciences Uncertain Supply Chain Management Pub Date : 2023-01-01 DOI:10.5267/j.uscm.2022.10.002

P. Ricardianto, Alfriadi Toding Lembang, Y. Tatiana, Marthaleina Ruminda, Amrulloh Ibnu Kholdun, I. E. T. Kusuma, Honny Fiva Akira Sembiring, Gatot Cahyo Sudewo, Dedeh Suryani, Endri Endri

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引用次数: 6

Abstract

This research aims to know and analyze the contribution of enterprise risk management and business strategy to the competitive advantage and company performance of shipping companies listed on the Indonesia Stock Exchange. The company performance and competitive advantage of shipping companies listed on the Indonesia Stock Exchange fluctuate and are decreasing. The enterprise risk which is not well-managed can result in a decrease in competitive advantage and company performance. The shipping companies having no competitive advantage will have poor performance and lose in the competition with similar companies. This research uses Path Analysis with the analysis tool of Partial Least Square SmartPLS3 and its path coefficient significance test using a t-test. The total number of samples is 65 consisting of 13 companies with five years of observation taken using the purposive sampling technique. The result of this research states that shipping companies in Indonesia can increase their company performance through enterprise risk management. So, the companies must practice enterprise risk management properly where the aspect of risk management is integrated into the company strategy. Shipping companies in Indonesia can also increase their company performance through competitive advantage so that they can increase their revenue. Shipping companies can increase their company performance through business strategy, so they must implement a business strategy.

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企业风险管理和企业战略对企业绩效的影响:竞争优势的中介作用

本研究旨在了解和分析印尼证券交易所上市航运公司的企业风险管理和经营战略对竞争优势和公司绩效的贡献。在印尼证券交易所上市的航运公司业绩和竞争优势波动较大，且呈下降趋势。企业风险管理不善会导致竞争优势和公司绩效的下降。没有竞争优势的航运公司业绩不佳，在与同类公司的竞争中处于劣势。本研究采用偏最小二乘SmartPLS3分析工具进行路径分析，采用t检验进行路径系数显著性检验。样本总数为65个，由13家公司组成，采用有目的抽样技术进行了五年的观察。本研究的结果表明，印尼航运公司可以通过企业风险管理来提高公司绩效。因此，企业必须做好企业风险管理，将风险管理方面纳入企业战略。印尼的航运公司也可以通过竞争优势来提高公司绩效，从而增加收入。航运公司可以通过经营战略来提高公司绩效，因此必须实施经营战略。

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来源期刊

Uncertain Supply Chain Management Decision Sciences-Statistics, Probability and Uncertainty

CiteScore

5.60

自引率

0.00%

发文量

112

期刊介绍： Supply chain management (SCM) plays an essential role in managing the movement of raw materials into an organization, certain issues of the internal processing of materials into finished goods, and the movement of finished products out of the organization for end-consumer delivery. The goal of SCM is to improve trust and collaboration among supply chain partners and to improve inventory visibility. However, many SCM problems deal with uncertain events such as uncertainty in demand, supply, quality, price, etc. This forum is dedicated to all scholars who wish to share their ideas about uncertainty in SCM problems. Uncertain supply chain management is a quarterly publication dedicated to all scientists in all over the world who wish to share their experiences and knowledge in this field. Our policy is to perform a peer review on all submitted articles and publishes original and high quality articles.