Pengaruh Strategi Diversifikasi dan Modal Intelektual Terhadap Kinerja Perusahaan (Studi Empiris pada Perusahaan Properti dan Real Estate yang Terdaftar di BEI pada Tahun 2019-2021)
DOI:
https://doi.org/10.35870/emt.v8i2.2392Keywords:
Company Performance, Diversification Strategy, Intellectual CapitalAbstract
This research aims to examine the impact of diversification strategy and intellectual capital on company performance. The data utilized in this study are secondary data derived from the financial reports of companies listed on the Indonesia Stock Exchange for the period of 2019-2021. A sample of 15 companies was selected using purposive sampling method. The analysis method employed in this research is panel data regression, with hypotheses based on previous studies and supporting theories, and analyzed using Eviews 9 software. The research findings indicate that diversification strategy does not significantly affect company performance, while intellectual capital has a positive influence on company performance.
Downloads
References
Abazi, B. (2018). An approach to information security for SMEs based on the resource-based view theory. International Journal of Business & Technology, 6(3), 1-5. https://doi.org/10.33107/ijbte.2018.6.3.06
Adella, A., & Dillak, V. J. (2023). Financial Performance: Diversification Strategy, Research and Development Intensity and Ownership an Empirical Study on Healthcare Industry. JASa (Jurnal Akuntansi, Audit dan Sistem Informasi Akuntansi), 7(2), 229-238. https://doi.org/10.36555/jasa.v7i2.2187.
Barney, J. B. (2001). Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management, 27(6), 643-650. https://doi.org/10.1177/014920630102700602
Barney, J. B., Ketchen, D. J., & Wright, M. (2011). The future of resource-based theory. Journal of Management, 37(5), 1299-1315. https://doi.org/10.1177/0149206310391805
Carneiro, J., Cavalcanti, M. A. F. D., & Silva, J. F. d. (1997). Porter revisitado: Análise crítica da tipologia estratégica do mestre. Revista De Administração Contemporânea, 1(3), 7-30. https://doi.org/10.1590/s1415-65551997000300002
Castro-Herrera, D., Prost, K., Schäfer, Y., Kim, D., Yimer, F., Tadesse, M., … & Brüggemann, N. (2021). Nutrient dynamics during composting of human excreta, cattle manure, and organic waste affected by biochar. Journal of Environmental Quality, 51(1), 19-32. https://doi.org/10.1002/jeq2.20312
Chakrabarti, A., Singh, K., & Mahmood, I. (2007). Diversification and performance: evidence from East Asian firms. Strategic Management Journal, 28(2), 101-120.
Clegg, J. S. (2010). Revisiting the microtrabecular lattice. Cell Biology International, 34(11), 1105-1107. https://doi.org/10.1042/cbi20100511
Das, T., & Teng, B. (2000). A resource-based theory of strategic alliances. Journal of Management, 26(1), 31-61. https://doi.org/10.1177/014920630002600105
Gámez-García, D. C., Saldaña-Márquez, H., Gómez-Soberón, J. M., Higuera, R. C., & Arredondo-Rea, S. (2019). Life cycle assessment of residential streets from the perspective of favoring the human scale and reducing motorized traffic flow: From cradle to handover approach. Sustainable Cities and Society, 44, 332-342. https://doi.org/10.1016/j.scs.2018.10.018
Grant, R. M. (1991). The resource-based theory of competitive advantage: Implications for strategy formulation. California Management Review, 33(3), 114-135. https://doi.org/10.2307/41166664
Green, K. W., Inman, R. A., Brown, G., & Willis, T. H. (2005). Market orientation: Relation to structure and performance. Journal of Business & Industrial Marketing, 20(6), 276-284. https://doi.org/10.1108/08858620510618110
Hendiono, E. (2016). Pengaruh Diversifikasi Bisnis terhadap Risiko Bisnis dan Kinerja Perusahaan Manufaktur di Bursa Efek Indonesia [Doctoral dissertation, Universitas Brawijaya].
Hendiono, O. (2014). Karakteristik Perusahaan dan Risiko Sistematik pada Perusahaan Manufaktur [Doctoral dissertation, UNIVERSITAS AIRLANGGA].
Hitt, M. A., Xu, K., & Carnes, C. M. (2015). Resource based theory in operations management research. Journal of Operations Management, 41(1), 77-94. https://doi.org/10.1016/j.jom.2015.11.002
Jiang, W., & Cao, Z. (2023). Regional finite-fault source model for development of ground motion attenuation relationship in Sichuan, China. Structural Durability & Health Monitoring, 17(1), 37-54. https://doi.org/10.32604/sdhm.2022.013444
Ketchen, D. J., & Hult, G. T. M. (2011). Building theory about supply chain management: Some tools from the organizational sciences. Journal of Supply Chain Management, 47(2), 12-18. https://doi.org/10.1111/j.1745-493x.2011.03220.x
Kurniasih, A., & Restika, Y. (2015). The influence of macroeconomic indicators and foreign ownership on government bond yields: A case of Indonesia. Mediterranean Journal of Social Sciences. https://doi.org/10.5901/mjss.2015.v6n5s5p34
Kuryanto, B., & Syafruddin, M. (2008). Pengaruh Modal Intelektual Terhadap Kinerja Perusahaan. Dalam Simposium Nasional Akuntansi XI, Pontianak.
Maritan, A., & Lee, G. K. (2017). Bringing a resource and capability lens to resource allocation. Journal of Management, 43(8), 2609-2619. https://doi.org/10.1177/0149206317727585
Michael, S. C. (2000). Investments to create bargaining power: The case of franchising. Strategic Management Journal, 21(4), 497-514. https://doi.org/10.1002/(sici)1097-0266(200004)21:43.0.co;2-#
Downloads
Published
Issue
Section
License
Copyright (c) 2024 Jessica Avelina Andrian, Khairudin
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Authors who publish with this journal agree to the following terms:
1. Copyright Retention and Open Access License
Authors retain copyright of their work and grant the journal non-exclusive right of first publication under the Creative Commons Attribution 4.0 International License (CC BY 4.0).
This license allows unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2. Rights Granted Under CC BY 4.0
Under this license, readers are free to:
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, including commercial use
- No additional restrictions — the licensor cannot revoke these freedoms as long as license terms are followed
3. Attribution Requirements
All uses must include:
- Proper citation of the original work
- Link to the Creative Commons license
- Indication if changes were made to the original work
- No suggestion that the licensor endorses the user or their use
4. Additional Distribution Rights
Authors may:
- Deposit the published version in institutional repositories
- Share through academic social networks
- Include in books, monographs, or other publications
- Post on personal or institutional websites
Requirement: All additional distributions must maintain the CC BY 4.0 license and proper attribution.
5. Self-Archiving and Pre-Print Sharing
Authors are encouraged to:
- Share pre-prints and post-prints online
- Deposit in subject-specific repositories (e.g., arXiv, bioRxiv)
- Engage in scholarly communication throughout the publication process
6. Open Access Commitment
This journal provides immediate open access to all content, supporting the global exchange of knowledge without financial, legal, or technical barriers.
