BOARD CAPITAL AND BANK EFFICIENCY: INSIGHT FROM VIETNAM

This study investigates the role of board capital on bank’s efficiency for a sample of 45 banks in Vietnam over 2011–2015. Using robust panel regression, we find board capital is important in making Vietnamese bank efficient even after controlling its endogeneity issue. This study further documents that networking capital and experience capital are the important factors, but not education for bank efficiency. The findings of this research contribute to the entrenchment hypothesis in agency theory, where networking and experience can be the bargaining power for manager (agent) in securing their compensation. It also contributes to human capital theory and resource base view theory where it shows networking and experience are stratetic human capital resources for bank efficiency. The findings imply that shareholders should consider the networking and experience of board members during board elections. Future research may engage with the intervention of corporate governance monitoring or test it in other developing countries context.

Teacherpreneurship Determination Toward Teacher Innovation and Competitive Advantage in the Disruption Era: Application of Strategic Entrepreneurship Theory in Educational Institutions

The aim of this study was to determine the factors of teacherpreneurship determination and their relation to innovation and teacher’s competitive advantage in the disruption era. This study will adopt the Strategic Entrepreneur model is used to analyze the excellence of entrepreneurship in a company. The concept of teacherpreneurship is used to replace entrepreneurship in the world of education, in this case, school as a company. The proposed models Also were adapted from the theory of Strategic Entrepreneurship and Resource Base View (RBV) the which emphasized the importance of the human resource component in organizational progress. The research method used refers to path analysis with quantitative research with a total sample of 187 respondents. The results of this study are that teacherpreneruship is able to contribute to improving the internal factors of the teacher in the form of teacher efficacy and need for achievement towards the power of innovation and teacher creativity in the era of disruption. Keywords: Teacherpreneurship, teacher, disruption, efficacy teacher

An Integrated Artificial Intelligence and Resource Base View Model for Creating Competitive Advantage

Objective – The performance of MSMEs (Micro, Small, and Medium Enterprises) is one of the main indicators to increase Indonesia's economic growth. The contribution of Indonesia's MSMEs is low in the global market and the lowest in ASEAN. One of the ways to increase the contribution is to create the value of competitiveness product. Management of resources is needed to provide high-quality products and competitive advantage of the company. This study aims to examine the combination of resources of the company through the Resource Base-View (RBV) approach. Methodology/Technique – A mix research method was employed, utilizing multiple criteria decision making as the analysis method and the Analytical Hierarchy process (AHP) as the instrument tool of the analysis. The respondents were 100 MSMEs in Pontianak. Findings – The criteria were determined by RBV Concept and the characteristic of company resources. The combination was the sequence level of the weight of the resources. The study also formulated the integration of the Artificial Intelligence and RBV model. The results of the study indicated that human resource is as the highest priority of company attention and the following sequences are marketing and distribution, finance and funding, operational and production, and the internet usage and technology. Novelty – The study also resulted in the creation of the RBV-AI Framework model to obtain strategic resources maintaining the competitive advantage of the company. Type of Paper: Empirical. Keywords: Artificial Intelligence (AI), Resource Base-View (RBV), MSMEs. Reference to this paper should be made as follows: Ristyawan; M.R. 2020. An Integrated Artificial Intelligence and Resource Base View Model for Creating Competitive Advantage, J. Bus. Econ. Review, 5(1) 28– 37 https://doi.org/10.35609/jber.2020.5.1(4) JEL Classification: M15, O32

Corporate Social Responsibility, Brand equity, and Shareholder Value: Theoretical and Conceptual Perspectives.

From the last many years, researchers, administrators, and educators consistently paying attention to corporate social responsibility. However, no study analyses the association between corporate social responsibility, brand equity, and shareholder value. The objective of this research paper is to produce a review as to the strength to which corporate social responsibility and brand equity are predictor variables for shareholder value, with the ground that organizations must be wilfully positioned for them to tackle the anticipation convenient in their environments. In connection to this study, the shareholder, stakeholder, and resource base view theories form the base for the underpinning theories used for drawing up the research framework with respect to the connection among shareholder value, corporate social responsibility and brand equity simultaneously. Very few research attempts are made in this area of study in the emerging and developed nations, especially with shareholder value and brand equity. Therefore, practitioners and scholars are inspired to progress in the development of the body of knowledge in this research field for the universal enrichment of output, as the review form a concept of corporate social responsibility and brand equity as a critical tool for boosting shareholder value locally and internationally.

Impact of Balanced scorecard as, strategic Management System tool, to improve sustainable development: measuring a mediation of organizational performance through PLS-Smart (Preprint)

UNSTRUCTURED The study carried out to investigate the empirical effect of strategic management system on sustainable development using balanced scorecard (BSC) as theoretical lens and organizational performance as intervening variable.The study incorporated positivism research paradigm in order to address the objective nature of research. As the current study is of empirical and impartial nature hence, quantitative method was considered as the best method for achieving the research objectives of the study. The study used questionnaire as data collection instrument. Total three hundred questionnaires were disturbed in Chinese power companies based in Pakistan. Stratified-random sampling approach is adopted to reach relevant sample. Partial least squares-structural equation modeling was used for statistical analysis. BSC indicated positive significant influence on sustainable development. Additionally, organizational performance depicts partial mediation between BSC and sustainable development. The study underpins the theoretical foundation of resource base view (RBV) and balanced scorecard view of strategic management system. The findings suggest that non-financial measures have better consequences on employees’ performance especially it makes them ecologically responsive unlike, the financial performance measures which took place in past days. it is suggested to take measures relating to wastage, usage of inimitable resources should be focused on in-addition rather traditional measures who can persuade sustainable development.

A Theoretical Foundation for Developing a Prescriptive Method for the Co-Design of Circular Economy Value Chains

In order to operate in line with the circular economy (CE) concept, companies and other stakeholders need to work together to enable the circulation and cascading of resources. Although the need for proactive stakeholder management is a common theme in recent work on CE, little work has been dedicated to creating prescriptive methods for the co-design of CE value chains (CEVCs) focusing on selecting strategic partners, when to engage them and in what capacity. Following calls to connect the emerging CE literature with literature from existing bodies of knowledge, this paper explores the theoretical foundations of a CEVCs co-design method. Specifically, this paper explores resource-base view (RBV); resource dependency theory (RDT); and actor-network theory (ANT), and synthesises an outline for the co-design process of CEVCs. Reflections on the process link it to the extant co-design literature and explain how the process can be used for method and tool development.

Developing relationships early: How new ventures fill their capability gap

In light of the resource-base view of the firm, liability of newness appears as a capability gap. Several studies claim that collaborating with others is an effective strategy for bridging this gap. However, none of them demonstrates that, against a capability gap declared by the new venture at its birth and filled at the end of the start-up phase, this result was achieved by resorting to relations with external actors.The paper aims at answering this research question analyzing both the case of a marketing and technological capability gaps. The empirical section presents the results based on an original dataset on about 400 Italian new ventures. Results show that collaboration with external partners is the only determinant in reducing both capability gaps, whereas the profile of the new venture as well as its size, its location and the founders' education are not relevant. New ventures use external relationships to develop both technological and marketing capabilities.

Identifikasi Kekuatan, Kelemahan, Peluang, Ancaman PT. Prudential Provinsi Riau

Bisnis asuransi di provinsi Riau semakin tumbuh dan berkembang, setiap perusahaan termasuk PT. Prudential Indonesia berusaha mengeluarkan strategi baru untuk dapat merebut pangsa pasar yang tersedia, namun apakah strategi yang sudah dibuat sudah sesuai dengan keadaan bisnis eksternal dan internal saat ini. Untuk itu diperlukan indentifikasi peluang, ancaman, kekuatan, kelemahan yang baik untuk menyusun strategi yang tepat. Tujuan penelitian ini adalah untuk mengindentifikasi pelaung, ancaman, kekuatan, kelemahan PT. Prudential Indonesia di provinsi Riau. Metode penelitian ini menggunakan analisis diskriptif dengan tahapan indentifikasi yaitu Eksteral faktor analisis (EFAS), Five force porter dan Internal faktor analisis (IFAS), VRIO, dan Resource base view. Hasil penelitian ini menunjukan bahawa peluang, ancaman, kekuatan, dan kelemahan PT. Prudential Indonesia dalam keadaan baik dimana nilai kekuatan lebih besar dari nilai kelemahan dan nilai peluang lebih besar dari ancaman sehingga dapat membuat beberapa strategi pertumbuhan untuk merebut pangsa pasar di Provinsi Riau.

Salesperson Capability on Co-Creation Value

This research focuses on the study of customer engagement in planning and deciding on products and services to be purchased through the salesperson. This is a study of the relationships between firms and customers based on collaboration theory, customer value, relationship marketing and resource-base view (RbV). the development of information technology causes the company to change the paradigm to become customer-centric. Customers are actively involved in creating value that suits the desired and customer experience. Financial services such as insurance is required to establish cooperation or strong collaboration so that both companies and customers get the expected benefits. The method used to analyze the model is multiple regression with a sample of 100 respondents in the life insurance company customers in Semarang. Sampling technique using purposive sampling. The co-creation value formed from collaborative values, customer perceptions and customer participation with the salesperson capability mediated generates unique co-creation values in accordance with customer wants and needs.