ROLE OF 3PL ON FINANCIAL AND STRATEGIC PERFORMANCE OF MEXICANS MAQUILADORAS

2021 ◽  
Vol 9 (1) ◽  
pp. [12 p]-[12 p]
Author(s):  
Liliana Avelar Sosa ◽  
JORGE LUIS GARCIA ALCARAZ ◽  
JOSE MEJÍA MUÑOZ ◽  
JOSE DIAZ REZA
Keyword(s):  
Financial Performance ◽  
Manufacturing Industry ◽  
Value Added ◽  
Economic Benefits ◽  
Structural Equations ◽  
Risk Minimization ◽  
Transportation Services ◽  
Strategic Performance ◽  
Logistics Network ◽  
Positive Effect

This paper presents the effects between Logistics Network and Value-Added activities 3PL environments and its effect on the Financial and Strategic Performance of Mexican Maquiladoras companies. The significant increase in outsourcing transportation services in freight transport at the border Mexico-United States has inspired this research. The paper presents four hypotheses, tested with data from 158 responses to a questionnaire applied to engineers from the manufacturing industry in Ciudad Juarez (Mexico). The hypotheses were tested statistically using the partial least squares technique. Results indicate that a good design of a Logistics Network has a positive effect on Strategic Performance through transport logistics planning to reduce distribution times and costs. Additionally, the Value-Added services offered by a 3PL positively affect Strategic Performance through labeling-marking, packaging, and reassembling of products. Also, the Strategic Performance has a positive effect on Financial Performance through flexibility and risk minimization of 3PL provider, and this is the enormous effect that arguing theoretically and demonstrating empirically that the outsourcing of 3PL incremented the economic benefits to the quantity of 76.20% between Financial Performance and provides a reference to make decisions according to strategies to incorporate 3PL in such maquiladora industries. Keywords: 3PL, strategic performance, financial performance, structural equations

The Effect of Corporate Sustainability Practices on Financial Performance

2019 ◽  
pp. 52-70 ◽  
Author(s):  
Ibrahim Yasar Gok ◽  
Ozan Ozdemir ◽  
Bugra Unlu
Keyword(s):  
Financial Performance ◽  
Manufacturing Industry ◽  
Corporate Sustainability ◽  
Control Sample ◽  
Corporate Financial Performance ◽  
Performance Variables ◽  
Sustainability Practices ◽  
The Impact ◽  
Positive Effect ◽  
Better Than

In this chapter, the impact of corporate sustainability practices (CSP) on corporate financial performance (CFP) is investigated in terms of Turkish manufacturing industry. In this context, 16 sustainable companies vs. 21 control companies in 2016 and 16 sustainable companies vs. 24 control companies in 2017 are examined. Thirty-seven financial performance variables within seven groups are used, and non-parametric Mann-Whitney U test is applied. In 2016, four out of seven significant variables point out that sustainable companies perform better than control sample; however, in 2017, three out of four significant variables indicate the opposite. Therefore, the results are mixed, and it is concluded that implementing environmental, social, and governance (ESG) criteria do not have a noticeable positive effect on financial performances of manufacturing industry companies, at least in the short-term.

scholarly journals The Value-Added Analysis of Intellectual Capital for Banking Financial Performance

2019 ◽  
Vol 3 (1) ◽  
pp. 17
Author(s):  
Tupi Setyowati ◽  
Jamilah Jamilah
Keyword(s):  
Human Capital ◽  
Financial Performance ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Value Added ◽  
Company Performance ◽  
Significant Positive Effect ◽  
Structural Capital ◽  
Positive Effect ◽  
Size Variable

This study was conducted to see how intellectual capital (IC) affects company performance (ROA)by entering the size variable in its calculations. This study also analyzes how much financial performancechanges occur as an effect of the efficiency of the use of capital employees (CEE), the efficiencyof using Structural Capital (SCE), and the partial efficiency of using Human Capital (HCE).Research was conducted on conventional banking in Indonesia for the period 2013 - 2017. Theresearch data was obtained from the official website of the Indonesia Stock Exchange (IDX). Thisstudy found that VAIC had a significant positive effect on ROA, and from the three IC components itturned out that the CEE component had the greatest influence on ROA

scholarly journals CSR EFFECT ON MARKET AND FINANCIAL PERFORMANCE

El Dinar ◽  
2014 ◽  
Vol 1 (02) ◽  
Author(s):  
Dian Masita Dewi
Keyword(s):  
Financial Performance ◽  
Direct Effect ◽  
Research Result ◽  
Value Added ◽  
Market Value ◽  
Return On Assets ◽  
Return On Equity ◽  
Market Value Added ◽  
Positive Effect ◽  
Significant Direct Effect

<p>This study aims to predict causality model [33] effect of Corporate Social Responsibility on financial performance. This study also examines motivation of CSR implementation based on financial performance and market performance in non-financial public companies and banks that disclose CSR activities and listed at Indonesia Stock Exchange during 2007–2009. Numbers of samples were 46 companies. Data was analyzed by GSCA. Research result showed that there was a significant direct effect between CSR on Return on Assets (ROA), Return on Equity (ROE). In contrast, there was no significant direct effect between CSR on Market Value Added (MVA). In addition, there was a significant direct effect between Return on Assets (ROA) on CSR, Return on Equity (ROE) on CSR and there was no significant direct effect between Market Value Added (MVA) on CSR. There were three empirical findings novelties of this study. First, return on assets (ROA) has positive effect on CSR and otherwise CSR has positive effect on ROA. Second, ROE has positive effect on CSR and otherwise CSR has positive effect on ROE. Last, MVA affect on CSR and otherwise CSR affect on MVA.</p> <p> </p>

scholarly journals PENGARUH PENGUKURAN KINERJA DENGAN ECONOMIC VALUE ADDDED DAN EARNINGS PER SHARE TERHADAP RETURN SAHAM PADA PERUSAHAAN YANG TERGABUNG DALAM INDEKS LQ45 DI BURSA EFEK INDONESIA

2012 ◽  
Vol 12 (3) ◽  
pp. 75
Author(s):  
Roghiebah Jadwa Faradisi ◽  
Muhammad Nuryatno Amin
Keyword(s):  
Financial Performance ◽  
Stock Returns ◽  
Stock Return ◽  
Research Study ◽  
Economic Value ◽  
Value Added ◽  
Sampling Technique ◽  
Economic Value Added ◽  
Earnings Per Share ◽  
Positive Effect

<span>Company’s financial performance can be measured using Economic Value<br /><span>Added and Earnings Per Share. The existence of these two methods, will<br /><span>demonstrate the company’s ability to earn a profit for a certain period and whether the company will create value or not. The purpose of this study is to prove the effect of the company’s financial performance using EVA and EPS on stock returns. Research study is a test of the hypothesis, the causal relationship. The sampling technique using purposive sampling, a total of 34 companies in 2010-2012.The analytical method used is regression testing. The results obtained from this study are incorporated in EVA LQ45 companies showed a positive effect on stock returns over the period 2010-2012.This indicates that the management company has succeeded in creating shareholder value and improve the life of the owner of the company, because the return is given as expected. However, this study also proved that the EPS has no effect on the stock return.<br />Keywords : economic value added, earnings per share, and stock return<br /></span></span></span>

scholarly journals THE INFLUENCE OF INTELLECTUAL CAPITAL AND SHARIA COMPLIANCE TO THE BANKING FINANCIAL PERFORMANCE IN INDONESIA

2020 ◽  
Vol 5 (1) ◽  
pp. 14-26
Author(s):  
Khoirunnisa Azzahra
Keyword(s):  
Financial Performance ◽  
Intellectual Capital ◽  
Value Added ◽  
T Test ◽  
Test Results ◽  
Significant Positive Effect ◽  
F Test ◽  
Test Models ◽  
Quantitative Descriptive ◽  
Positive Effect

This study aims to analyze the effect of intellectual capital and Sharia Compliance on Financial Performance. This study also uses several variables that are identified as factors that affect Financial Performance including intellectual capital as measured by using Value Added Intellectual Coefficient (VAIC), and sharia compliance as measured by using Islamic Income Ratio (IsIR) proxy. The research method used is quantitative descriptive by using multiple linear regression test models. Sampling was carried out using a purposive sampling method so that 7 Islamic banks in Indonesia were obtained with 42 researched data used as research samples and hypothesis testing was performed using simultaneous significant tests (F test) and partial significant tests (t test) with ɑ = 5%. F Test results show that intellectual capital, and sharia compliance together have a significant positive effect on financial performance. T test results show that intellectual capital and Sharia Compliance have a significant positive effect on financial performance.

scholarly journals DETERMINAN KINERJA KEUANGAN BANK SYARIAH DI INDONESIA: PERSPEKTIF INTELLECTUAL CAPITAL DAN PENGUNGKAPAN

2020 ◽  
Vol 7 (10) ◽  
pp. 1929
Author(s):  
Fajar Dysna Kurniawan ◽  
Siti Zulaikha
Keyword(s):  
Human Capital ◽  
Financial Performance ◽  
Intellectual Capital ◽  
Commercial Banks ◽  
Value Added ◽  
Significant Positive Effect ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Islamic Bank ◽  
Positive Effect

ABSTRAKIntellectual Capital diakui oleh para ahli sebagai intangible asset yang mampu menciptakan nilai tambah dan meningkatkan daya saing bagi suatu korporasi. Tujuan dari penilitian ini adalah untuk menganalisi pengaruh atau hubungna anatara intellectual Capital (IC) dan ntellectual capital disclousre (ICD) terhadap kinerja keuangan perbankan syariah di Indonesia. Dengan model pengukuiran IC menggunakan model iB-VAIC (islamic bank-valuie added intellectual capital) dengan komponen (1) iB-VACA  (Vallue Added Capital Employed), (2) iB-VAHU (Vallue Added Human Capital ) dan (3) iB-STVA ( Structure Capital Vallue Added) . Proksi pengukuran kinerja keuangan menggunakan ROA (Return On Asset) dan ROE (Return On Equity).  Sampel dalam penelitian ini 10 Bank Umum Syariah , dengan menggunakan teknik purposive sampling  dengan kriteria tertentu untuk mengambil sampel Bank Umum Syariah yang akan dteliti. Metode analisis menggunakan regresi data panel. Hasil penelitian ini  dengan menggunakan empat model regresi menunjukkan hasil bahwa : (1)  IC dengan model  iB-VAIC berpnegaruh postif signifikan dengan ROA dan ROE. (2) Komponen IC iB-VACA,iB-VAHU dan iB-STVA berpengaruh positif signifikan dengan ROA dan ROE.(3) Sedangkan pengungkapan modal intelektual atau ICD menunjukkan hasil yang tidak signifikan terhadap ROA dan ROE. Kata kunci : Kinerja Keuangan, iB-VAIC (islamic bank - valuie added intellectual capital), iB-VACA  (Vallue Added Capital Employed), iB-VAHU (Vallue Added Human Capital ) dan iB-STVA ( Structure Capital Vallue Added ABSTRACTIntellectual Capital recognized by experts as intangible assets capable of creating added value and increasing competitiveness for a corporation. The purpose of this research is to analyze the influence or relationship between intellectual capital (IC) and intellectual capital disclosure (ICD) on the financial performance of Islamic banking in Indonesia. The IC engraving model uses the modeliB-VAIC (Islamic bank-value added intellectual capital) with components (1) iB-VACA (Vallue Added Capital Employed), (2) iB-VAHU (Vallue Added Human Capital) and (3) iB-STVA (Structure Capital Vallue Added). Proxies for measuring financial performance use ROA (Return On Assets) and ROE (Return On Equity). The samples in this study were 10 Sharia Commercial Banks, using purposive sampling techniques with certain criteria to take samples of Sharia Commercial Banks to be studied. The method of analysis uses panel data regression. The results of this study using four regression models showed the results that: (1) IC with a model that has a significant positive effect on ROA and ROE. (2) The IC component  iB-VAICiB-VACA,iB-VAHU dan iB-STVA has a significant positive effect on ROA and ROE  (3) While the disclosure of intellectual capital or ICD shows insignificant results on ROA and ROE.Keywords: Financial Performance, iB-VAIC (Islamic bank - value added intellectual capital), iB-VACA (Vallue Added Capital Employed), iB-VAHU (Vallue Added Human Capital) and iB-STVA (Structure Capital Value Added)

LEARNING ORIENTATION, INNOVATIVENESS AND FINANCIAL PERFORMANCE IN TRADITIONAL MANUFACTURING FIRMS: A HIGHER-ORDER STRUCTURAL EQUATION MODEL

2012 ◽  
Vol 16 (05) ◽  
pp. 1250029 ◽  
Author(s):  
ERLEND NYBAKK
Keyword(s):  
Financial Performance ◽  
Structural Equation ◽  
Manufacturing Industry ◽  
Equation Model ◽  
Mediating Effect ◽  
Learning Orientation ◽  
Wood Industry ◽  
Firm Innovativeness ◽  
Traditional Manufacturing ◽  
Positive Effect

This study examines the relationships among learning orientation, firm innovativeness and financial performance in the context of the Norwegian wood industry. A questionnaire-based survey was sent to the CEOs of firms in the wood industry in Norway (241 usable replies, response rate of 49 percent). Learning orientation and firm innovativeness were conceptualised and analysed as latent second-order constructs by using structural equation modelling. The findings show that learning orientation has a positive effect on firm innovativeness in the traditional manufacturing industry. In addition, learning orientation was found to positively affect financial performance via the full mediating effect of firm innovativeness. Furthermore, firm innovativeness was also found to have an independent positive effect on financial performance. No direct effect of learning orientation on financial performance was found. According to the data, firm age also does not appear to affect the relationship between learning orientation and firm innovativeness.

scholarly journals Effects of Market Orientation and Breakthrough Innovation on Organizational Performance of International Enterprises

2015 ◽  
Vol 65 (s2) ◽  
pp. 131-144
Author(s):  
Zaixu Zhang ◽  
Chunqing Jin
Keyword(s):  
Organizational Performance ◽  
Market Orientation ◽  
Manufacturing Industry ◽  
Service Industry ◽  
Value Added ◽  
Market Needs ◽  
Quality Of Products ◽  
Develop Market ◽  
Breakthrough Innovation ◽  
Positive Effect

In the economic growth process when China joined in WTO, internationalized operation has become an inevitable issue. Under the new normal economic condition, including the cut offtariffs on imported goods, businesses in China have realized the importance of enhancing the overall brand image, quality of products and services, and the international compatibility. Businesses of China need to develop creative and high-value-added products, and shall be able to rapidly change to satisfy market requirements to distinguish themselves from other products. It is the way of creating a new pattern of upgrading. It is the market-orientated development that is a primary condition for enterprises to adapt to the rapidly changing environment, keeping growth and attracting customers, acquiring competitive advantages, and creating excellent value for customers. It reveals the fact that in the future, businesses must change the focus from product to market needs. It is the marketorientation which could generate the competitive strength to resist competitors. The research involves in total 45 international enterprises, which are distributed with the questionnaires. There are totally 124 and 107 copies of questionnaires retrieved from manufacturing industry and service industry, with valid retrieval rates of 54% and 46%, respectively. The research results show that: 1. there is positive effect of market orientation on breakthrough innovation, 2. there is positive effect of breakthrough innovation on organizational performance, and 3. there is positive effect of market orientation on organizational performance. Based upon the results, some suggestions are proposed in this study, expecting to help international enterprises develop market orientation, enhance breakthrough innovation, and improve organizational performance.

scholarly journals IMPACT OF INTELLECTUAL CAPITAL ON FINANCIAL PERFORMANCE

2019 ◽  
Vol 1 (1) ◽  
pp. 45-50
Author(s):  
Hendra Gunawan ◽  
Rica Tartila
Keyword(s):  
Financial Performance ◽  
Intellectual Capital ◽  
Regression Models ◽  
Manufacturing Industry ◽  
Stock Exchange ◽  
Value Added ◽  
Structural Capital ◽  
Financial Performance Measures ◽  
The Impact ◽  
Capital Value

Science and emerging technology in the manufacturing industry made the importance of implementing knowladge based industries, it has focused the importance of the using intellectual capital in this industry. This study aims to analyze the impact of intellectual capital on the financial performance. The empirical data were drawn from panel consisting of 51 companies manufacturing in Indonesia Stock Exchange (IDX) from 2010-2014. Various regression models were examined in order to test the hypothesis included in the proposed conceptual framework. The result showed  value added intellectual capital (VAIC), value added human capital (VAHU), structural capital value added (STVA) have significant effect with four financial performance measures ROA, ROE, GR, EVA. Meanwhile, value added capital employed (VACA) have significant effect with two dependent variable ROA,ROE and no significant effect  on GR, EVA. The results of the overall analysis regression only VACA which had no effect with GR and EVA.the lack of available data for the appropriate analysis be the main limitations of this study. The result of this study can explained the role and importance of intellectual capital to improve financial performance for companies and the result of this study study also can be used by shareholders and investors.

scholarly journals PengaruhIntellectual Capital Terhadap Kinerja Keuangan Perusahaan Publik (Non Keuangan) di Indonesia

2012 ◽  
Vol 2 (1) ◽  
pp. 181
Author(s):  
Luluk Muhimatul Ifada ◽  
Hairida Hapsari
Keyword(s):  
Financial Performance ◽  
Intellectual Capital ◽  
Value Added ◽  
Partial Least Square ◽  
Least Square ◽  
Corporate Financial Performance ◽  
Average Growth ◽  
Business World ◽  
The Future ◽  
Positive Effect

uBusinesses began to realize that the ability to compete not only in the ownership of industrial machines, but more on innovation, information systems, organizational management and human resource knowledge he had. An attempt will be able to compete when using competitive advantage gained through creative innovations produced by the intellectual capital of the company. Therefore, the Intellectual Capital (IC) has become a very valuable asset in the modern business world because it is necessary to create value added for the company. This study aims to determine the effect of IC on corporate financial performance. IC is an independent variable and the company’s financial performance as the dependent variable. Data used in this study is 215 public companies (non financial) in Indonesia from 2005 until 2008 which are listed on the Indonesia Stock Exchange (BEI). This research uses Pulic model (Value Added Intellectual Coefficient ™ - VAIC ™) as a measure of IC components that proxies with physical capital (vaca), human capital (VAHU), and structural capital (STVA). Partial Least Square (PLS) is used as a tool to test the effect of IC (VAIC ™) to the company’s financial performance, which the company’s financial performance proxies with the ROE, EPS and MBV. The results of this study indicate that: IC (VAIC ™) positive effect on company financial performance; IC (VAIC ™) positive effect on company financial performance in the future, the average growth of IC (ROGIC) no positive effect on corporate financial performance in the future front, and the contribution of IC (VAIC ™) against the company’s financial performance in the future will differ according to type of industry. Keywords: Intellectual Capital, (VAIC ™), the company’s financial performance, Partial Least Square (PLS).

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