How to cite this paper
Riswandari, E., Zarkasyi, W., Suharman, H & Dahlan, M. (2023). The effects of innovation strategy and good corporate governance on sustainable company performance: The mediating role of value chain.Uncertain Supply Chain Management, 11(4), 1477-1484.
Refrences
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Anik, S., Chariri, A., & Isgiyarta, J. (2021). The Effect of Intellectual Capital and Good Corporate Governance on Financial Performance and Corporate Value: A Case Study in Indonesia. Journal of Asian Finance, Economics and Business, 8(4), 391–402. https://doi.org/10.13106/jafeb.2021.vol8.no4.0391
Badan Pusat Statistik. (2017). Growth Rate of GDP Manufacturing Industry. Retrieved from ttps://www.bps.go.id/dynamictable/2018/05/21 00:00:00/1345/laju-pertumbuhan-pdb-industri-manufaktur-2015---2016.html
Barney, J. B. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management. https://doi.org/10.1177/014920639101700108
Bhatt, P. R., & Bhatt, R. R. (2016). Corporate Governance and Firm Performance in Malaysia. Corporate Governance: The International Journal of Business in Society. https://doi.org/https://doi.org/10.1108/CG-03-2016-0054
Bocken, N. M. P., & Geradts, T. H. J. (2020). Barriers and drivers to sustainable business model innovation: Organization design and dynamic capabilities. Long Range Planning, 53(4), 101950. https://doi.org/10.1016/j.lrp.2019.101950
Ciptono, W. S. (2006). A Sequential Model of Innovation Strategy—Company Non-Financial Performance Links. Gadjah Mada International Journal of Business, 8(2), 137. https://doi.org/10.22146/gamaijb.5617
Claveria, O. (2021). Uncertainty indicators based on expectations of business and consumer surveys. Empirica, 48(2), 483–505. https://doi.org/10.1007/s10663-020-09479-1
Efendy, A. (2016). The Power of Good Corporate Governance (2nd ed.). Salemba Empat.
Gentile, C., Spiller, N., & Noci, G. (2007). How to Sustain the Customer Experience: European Management Journal, 25(5), 395–410. https://doi.org/10.1016/j.emj.2007.08.005
Guldmann, E., & Huulgaard, R. D. (2020). Barriers to circular business model innovation: A multiple-case study. Journal of Cleaner Production, 243, 118160. https://doi.org/10.1016/j.jclepro.2019.118160
Hair, J. F., Hult, G. T. M., Ringle, C. M., Sarstedt, & M. (2017). A Primer on Partial Least Squares Structural Equation Modeling (PLS-SEM), 363. https://doi.org/10.1017/CBO9781107415324.004
Hair, Joseph F., Hult, G. T. M., M.Ringle, C., & Sarstedt, M. (2014). A Primer on Partial Least Squares Structural Equation Modeling. Long Range Planning. https://doi.org/10.1016/j.lrp.2013.01.002
Hajar, I. (2015). The Effect of Business Strategy on Innovation and Firm Performance in the Small Industrial Sector. The International Journal of Engineering and Science, 4(2), 1–9. Retrieved from www.theijes.com
Hamdani. (2016). Good Corporate Governance. Mitra Wacana Media.
Hamel, G. (1998). Strategy Innovation and the Quest for Value. Sloan Management Review, 39(2), 7–14. https://doi.org/Editorial
Hilman, H., & Kaliappen, N. (2015). Innovation strategies and performance: are they truly linked? World Journal of Entrepreneurship, Management and Sustainable Development, 11(1), 48–63. https://doi.org/10.1108/wjemsd-04-2014-0010
Jahanshahi, A., Rezaei, M., Nawaser, K., Ranjbar, V., & Pitamber, B. (2012). Analyzing the effects of electronic commerce on organizational performance: Evidence from small and medium enterprises. African Journal of Business Management, 6(22), 6486–6496. https://doi.org/10.5897/AJBM11.1768
Jyoti, C., & Efpraxia, Z. (2023). Understanding and exploring the value co-creation of cloud computing innovation using resource based value theory: An interpretive case study. Journal of Business Research, 164(February 2021), 113970. https://doi.org/10.1016/j.jbusres.2023.113970
Kabir, R., & Thai, H. M. (2017). Does corporate governance shape the relationship between corporate social responsibility and financial performance? Pacific Accounting Review, 29(2), 227–258. https://doi.org/10.1108/PAR-10-2016-0091
Kothler, P. (2017). Marketing 4.0: moving from traditional to digital.
Kusuma, A., Purwanto, H., & Utama, P. (2021). Pengaruh inovasi terhadap kinerja karyawan dengan self efficacy sebagai moderasi The effect of inovation toward working performance with self efficacy as mediator. Jurnal Ekonomi Dan Bisnis Islam, 23(2), 302–309.
Murni, Y., & Nengzih. (2018). Corporate Governance , Value Chain and Financial Performance : An Empirical Analysis in Indonesia ’ s SOEs, 9(2004), 20485–20492.
Ngatno, Apriatni, E. P., & Youlianto, A. (2021). Moderating effects of corporate governance mechanism on the relation between capital structure and firm performance. Cogent Business and Management, 8(1). https://doi.org/10.1080/23311975.2020.1866822
OECD. (2004). OECD Principles of Corporate Governance. OECD Publications Service, 1–178. https://doi.org/10.1007/978-4-431-30920-8_10
Popa, S., Soto-Acosta, P., & Palacios-Marqués, D. (2022). A discriminant analysis of high and low-innovative firms: the role of IT, human resources, innovation strategy, intellectual capital and environmental dynamism. Journal of Knowledge Management, 26(6), 1615–1632. https://doi.org/10.1108/JKM-04-2021-0272
Porter, M. E. (1985). Competitive Advantage. Strategic Management. https://doi.org/10.1108/eb054287
Puryantini, N., Arfati, R., & Tjahjadi, B. (2017). Pengaruh Knowledge Management Terhadap Kinerja Organisasi Dimediasi Inovasi Di Organisasi Penelitian Pemerintah. Berkala Akuntansi Dan Keuangan Indonesia, 2(2). https://doi.org/10.20473/baki.v2i2.5325
Qiu, Q., & Yu, D. (2020). The impacts of CEO’s knowledge structure on corporate innovation strategy. Kybernetes, 50(9), 2597–2618. https://doi.org/10.1108/K-03-2020-0131
Rabadán, A., González-Moreno, ángela, & Sáez-Martínez, F. J. (2019). Improving firms’ performance and sustainability: The case of eco-innovation in the agri-food industry. Sustainability (Switzerland), 11(20). https://doi.org/10.3390/su11205590
Ray, G., Barney, J. B., & Muhanna, W. A. (2004). Capabilities, business processes, and competitive advantage: Choosing the dependent variable in empirical tests of the resource-based view. Strategic Management Journal, 25(1), 23–37. https://doi.org/10.1002/smj.366
Rodriguez-Fernandez, M. (2016). Social responsibility and financial performance: The role of good corporate governance. BRQ Business Research Quarterly, 19(2), 137–151. https://doi.org/10.1016/j.brq.2015.08.001
Roscoe. (1982). Research Methods For Business. New York: Mc Graw Hill.
Singh, K., & Rastogi, S. (2022). Corporate governance and financial performance: evidence from listed SMEs in India. Benchmarking. https://doi.org/10.1108/BIJ-09-2021-0570
Taghizadeh, S., Jayaraman, K., Ismail, I., & Rahman, S. (2017). “ Innovation value chain as predictors for innovation strategy in Malaysian telecommunication industry ” Innovation value chain as predictors for innovation strategy in Malaysian telecommunication industry. Busines Perspectives, 12(4), 533–539.
Tjahjadi, B., Soewarno, N., & Mustikaningtiyas, F. (2021). Good corporate governance and corporate sustainability performance in Indonesia: A triple bottom line approach. Heliyon, 7(3), e06453. https://doi.org/10.1016/j.heliyon.2021.e06453
Tomic, I., Tesic, Z., Kuzmanovic, B., & Tomic, M. (2018). An empirical study of employee loyalty, service quality, cost reduction and company performance. Economic Research-Ekonomska Istraživanja, 31(1), 827–846. https://doi.org/10.1080/1331677X.2018.1456346
Vurro, C., Russo, A., & Costanzo, L. A. (2014). Sustainability along the Value Chain: Collaborative Approaches and their Impact on Firm Performance. SYMPHONYA Emerging Issues in Management, (4), 1–15. https://doi.org/10.4468/2014.2.04vurro.russo.costanzo
Wahyudin, A., & Solikhah, B. (2017). Corporate governance implementation rating in Indonesia and its effects on financial performance. Corporate Governance: The International Journal of Business in Society, 17(2), 250–265. https://doi.org/10.1108/CG-02-2016-0034
Xu, J., & Wang, B. (2018). Intellectual Capital, Financial Performance and Companies’ Sustainable Growth: Evidence from the Korean Manufacturing Industry. Sustainability, 10(12), 4651. https://doi.org/10.3390/su10124651
Zahra, S., & Das, S. (1993). Innovation strategy and financial performance in manufacturing companies: An empirical study. Production and Operations Management, 2(I), 15–37. https://doi.org/10.1111/j.1937-5956.1993.tb00036.x
Anik, S., Chariri, A., & Isgiyarta, J. (2021). The Effect of Intellectual Capital and Good Corporate Governance on Financial Performance and Corporate Value: A Case Study in Indonesia. Journal of Asian Finance, Economics and Business, 8(4), 391–402. https://doi.org/10.13106/jafeb.2021.vol8.no4.0391
Badan Pusat Statistik. (2017). Growth Rate of GDP Manufacturing Industry. Retrieved from ttps://www.bps.go.id/dynamictable/2018/05/21 00:00:00/1345/laju-pertumbuhan-pdb-industri-manufaktur-2015---2016.html
Barney, J. B. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management. https://doi.org/10.1177/014920639101700108
Bhatt, P. R., & Bhatt, R. R. (2016). Corporate Governance and Firm Performance in Malaysia. Corporate Governance: The International Journal of Business in Society. https://doi.org/https://doi.org/10.1108/CG-03-2016-0054
Bocken, N. M. P., & Geradts, T. H. J. (2020). Barriers and drivers to sustainable business model innovation: Organization design and dynamic capabilities. Long Range Planning, 53(4), 101950. https://doi.org/10.1016/j.lrp.2019.101950
Ciptono, W. S. (2006). A Sequential Model of Innovation Strategy—Company Non-Financial Performance Links. Gadjah Mada International Journal of Business, 8(2), 137. https://doi.org/10.22146/gamaijb.5617
Claveria, O. (2021). Uncertainty indicators based on expectations of business and consumer surveys. Empirica, 48(2), 483–505. https://doi.org/10.1007/s10663-020-09479-1
Efendy, A. (2016). The Power of Good Corporate Governance (2nd ed.). Salemba Empat.
Gentile, C., Spiller, N., & Noci, G. (2007). How to Sustain the Customer Experience: European Management Journal, 25(5), 395–410. https://doi.org/10.1016/j.emj.2007.08.005
Guldmann, E., & Huulgaard, R. D. (2020). Barriers to circular business model innovation: A multiple-case study. Journal of Cleaner Production, 243, 118160. https://doi.org/10.1016/j.jclepro.2019.118160
Hair, J. F., Hult, G. T. M., Ringle, C. M., Sarstedt, & M. (2017). A Primer on Partial Least Squares Structural Equation Modeling (PLS-SEM), 363. https://doi.org/10.1017/CBO9781107415324.004
Hair, Joseph F., Hult, G. T. M., M.Ringle, C., & Sarstedt, M. (2014). A Primer on Partial Least Squares Structural Equation Modeling. Long Range Planning. https://doi.org/10.1016/j.lrp.2013.01.002
Hajar, I. (2015). The Effect of Business Strategy on Innovation and Firm Performance in the Small Industrial Sector. The International Journal of Engineering and Science, 4(2), 1–9. Retrieved from www.theijes.com
Hamdani. (2016). Good Corporate Governance. Mitra Wacana Media.
Hamel, G. (1998). Strategy Innovation and the Quest for Value. Sloan Management Review, 39(2), 7–14. https://doi.org/Editorial
Hilman, H., & Kaliappen, N. (2015). Innovation strategies and performance: are they truly linked? World Journal of Entrepreneurship, Management and Sustainable Development, 11(1), 48–63. https://doi.org/10.1108/wjemsd-04-2014-0010
Jahanshahi, A., Rezaei, M., Nawaser, K., Ranjbar, V., & Pitamber, B. (2012). Analyzing the effects of electronic commerce on organizational performance: Evidence from small and medium enterprises. African Journal of Business Management, 6(22), 6486–6496. https://doi.org/10.5897/AJBM11.1768
Jyoti, C., & Efpraxia, Z. (2023). Understanding and exploring the value co-creation of cloud computing innovation using resource based value theory: An interpretive case study. Journal of Business Research, 164(February 2021), 113970. https://doi.org/10.1016/j.jbusres.2023.113970
Kabir, R., & Thai, H. M. (2017). Does corporate governance shape the relationship between corporate social responsibility and financial performance? Pacific Accounting Review, 29(2), 227–258. https://doi.org/10.1108/PAR-10-2016-0091
Kothler, P. (2017). Marketing 4.0: moving from traditional to digital.
Kusuma, A., Purwanto, H., & Utama, P. (2021). Pengaruh inovasi terhadap kinerja karyawan dengan self efficacy sebagai moderasi The effect of inovation toward working performance with self efficacy as mediator. Jurnal Ekonomi Dan Bisnis Islam, 23(2), 302–309.
Murni, Y., & Nengzih. (2018). Corporate Governance , Value Chain and Financial Performance : An Empirical Analysis in Indonesia ’ s SOEs, 9(2004), 20485–20492.
Ngatno, Apriatni, E. P., & Youlianto, A. (2021). Moderating effects of corporate governance mechanism on the relation between capital structure and firm performance. Cogent Business and Management, 8(1). https://doi.org/10.1080/23311975.2020.1866822
OECD. (2004). OECD Principles of Corporate Governance. OECD Publications Service, 1–178. https://doi.org/10.1007/978-4-431-30920-8_10
Popa, S., Soto-Acosta, P., & Palacios-Marqués, D. (2022). A discriminant analysis of high and low-innovative firms: the role of IT, human resources, innovation strategy, intellectual capital and environmental dynamism. Journal of Knowledge Management, 26(6), 1615–1632. https://doi.org/10.1108/JKM-04-2021-0272
Porter, M. E. (1985). Competitive Advantage. Strategic Management. https://doi.org/10.1108/eb054287
Puryantini, N., Arfati, R., & Tjahjadi, B. (2017). Pengaruh Knowledge Management Terhadap Kinerja Organisasi Dimediasi Inovasi Di Organisasi Penelitian Pemerintah. Berkala Akuntansi Dan Keuangan Indonesia, 2(2). https://doi.org/10.20473/baki.v2i2.5325
Qiu, Q., & Yu, D. (2020). The impacts of CEO’s knowledge structure on corporate innovation strategy. Kybernetes, 50(9), 2597–2618. https://doi.org/10.1108/K-03-2020-0131
Rabadán, A., González-Moreno, ángela, & Sáez-Martínez, F. J. (2019). Improving firms’ performance and sustainability: The case of eco-innovation in the agri-food industry. Sustainability (Switzerland), 11(20). https://doi.org/10.3390/su11205590
Ray, G., Barney, J. B., & Muhanna, W. A. (2004). Capabilities, business processes, and competitive advantage: Choosing the dependent variable in empirical tests of the resource-based view. Strategic Management Journal, 25(1), 23–37. https://doi.org/10.1002/smj.366
Rodriguez-Fernandez, M. (2016). Social responsibility and financial performance: The role of good corporate governance. BRQ Business Research Quarterly, 19(2), 137–151. https://doi.org/10.1016/j.brq.2015.08.001
Roscoe. (1982). Research Methods For Business. New York: Mc Graw Hill.
Singh, K., & Rastogi, S. (2022). Corporate governance and financial performance: evidence from listed SMEs in India. Benchmarking. https://doi.org/10.1108/BIJ-09-2021-0570
Taghizadeh, S., Jayaraman, K., Ismail, I., & Rahman, S. (2017). “ Innovation value chain as predictors for innovation strategy in Malaysian telecommunication industry ” Innovation value chain as predictors for innovation strategy in Malaysian telecommunication industry. Busines Perspectives, 12(4), 533–539.
Tjahjadi, B., Soewarno, N., & Mustikaningtiyas, F. (2021). Good corporate governance and corporate sustainability performance in Indonesia: A triple bottom line approach. Heliyon, 7(3), e06453. https://doi.org/10.1016/j.heliyon.2021.e06453
Tomic, I., Tesic, Z., Kuzmanovic, B., & Tomic, M. (2018). An empirical study of employee loyalty, service quality, cost reduction and company performance. Economic Research-Ekonomska Istraživanja, 31(1), 827–846. https://doi.org/10.1080/1331677X.2018.1456346
Vurro, C., Russo, A., & Costanzo, L. A. (2014). Sustainability along the Value Chain: Collaborative Approaches and their Impact on Firm Performance. SYMPHONYA Emerging Issues in Management, (4), 1–15. https://doi.org/10.4468/2014.2.04vurro.russo.costanzo
Wahyudin, A., & Solikhah, B. (2017). Corporate governance implementation rating in Indonesia and its effects on financial performance. Corporate Governance: The International Journal of Business in Society, 17(2), 250–265. https://doi.org/10.1108/CG-02-2016-0034
Xu, J., & Wang, B. (2018). Intellectual Capital, Financial Performance and Companies’ Sustainable Growth: Evidence from the Korean Manufacturing Industry. Sustainability, 10(12), 4651. https://doi.org/10.3390/su10124651
Zahra, S., & Das, S. (1993). Innovation strategy and financial performance in manufacturing companies: An empirical study. Production and Operations Management, 2(I), 15–37. https://doi.org/10.1111/j.1937-5956.1993.tb00036.x