The Effect of Business Strategy on Firm Value, Performance Measurement Model and Company Performance as Intervening Variable: Empirical Study on Jakarta Islamic Index
- DOI
- 10.2991/iccd-19.2019.43How to use a DOI?
- Keywords
- Company strategy, performance measurement model, company performance, value of the firm.
- Abstract
This study aims to obtain empirical evidence about the relationship between Corporate Strategy, Performance Measurement Model, Company Performance and Value of the Firm. The research subjects are companies that have publicly well-known and recorded in the Jakarta Islamic Index between 2013 and 2017. The number of samples in this study were 30 companies. Using Path analysis in analyzing data, it is revealed that the Company Strategy has a positive effect on Value of the Firm. Company strategy through company performance had a positive effect on Value of the Firm. The company's strategy also had a positive effect on Company Performance both directly and through the Performance Measurement Model. Meanwhile, the Performance Measurement Model did not affect the Company's performance. Furthermore, the Performance Measurement Model had a positive effect on company value both directly and through company performance. It is expected that this research will be used as a basis for decision making about the company's strategy and its performance measurement model.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Eko Hariyanto AU - Azmi Fitriati AU - Erna Handayani AU - Budiyono PY - 2019/10 DA - 2019/10 TI - The Effect of Business Strategy on Firm Value, Performance Measurement Model and Company Performance as Intervening Variable: Empirical Study on Jakarta Islamic Index BT - Proceedings of the 6th International Conference on Community Development (ICCD 2019) PB - Atlantis Press SP - 160 EP - 162 SN - 2352-5398 UR - https://doi.org/10.2991/iccd-19.2019.43 DO - 10.2991/iccd-19.2019.43 ID - Hariyanto2019/10 ER -