Lanita Winata

Manufacturing strategy and organisational performance: The role of competition and MAS information

Purpose – The extant literature suggests that an increasing number of organisations are adopting manufacturing strategies such as JIT practices to continuously improve provision of products and associated services desired by customers. The authors aim to investigate the relationship between adoption (implementation) of JIT practices and organisational performance taking into account the role of market competition and managerial use of management accounting system (MAS) information. Design/methodology/approach – Data for the study were collected from 92 general managers of Australian manufacturing organisations. Mailed questionnaire and personal interviews were used to collect the data. Findings – The results reveal that market competition and managerial use of MAS (hereafter, the use of MAS) information impact the relationship between an organisations adoption of JIT practices and its financial performance. The results reported in prior studies on the relationship are mixed; some studies report a positiv...

The Influence of CSR Practices on Financial Performance: Evidence From Islamic Financial Institutions in Indonesia

The emergence of Islamic Financial Institutions (IFIs) is expected to provide enormous benefits for the Muslims community in Indonesia such as the availability of IFIs based on Sharia law and the implementation of Islamic value in the community. Like Corporate Social Responsibility (CSR) practices in all business organizations, the IFI’s CSR becomes one of the important factors in improving organizational performance. The implementation of CSR in IFIs is unique as it is based on Sharia law. Zakat and Qardh are the uniqueness of IFI’s CSR practices. There are many studies which have investigated the relationship of Zakat and Qardh on organizational performance in Arabic and Muslim countries. As Muslim countries, Islamic laws including providing Zakat and Qardh are practices of every business organization. Indonesia is not a Muslim country, Zakat and Qardh are only required for IFIs as part of CSR practices. This study aims to analyze the influence of CSR practices on the financial performances of IFIs in Indonesia using gender as a control variable. The samples of this research were taken from the annual reports of nine Islamic banks for the period of 2010-2014. Regression method was used to analyze and test hypotheses. The results of this research indicate that the relationship between CSR practices and financial performance is significant, the value of R is 0.737, and R square is 0.543. This means that the implementation of CSR practices (Zakat and Qardh) improves organizational financial performances of IFIs in Indonesia. This study also has a limitation as it only focuses on Zakat and Qardh; thus in the future, it is necessary to advance the variable of CSR practices on the real social and environmental practices such as environmental improvement, increasing the quality of human resources, involving in any jobs or reducing unemployment and any other activities.

The Role of Business Collaboration on Sustainable Performance: Evidence from Indonesia

Competition in the hotel industry is very intense. To survive in this highly competitive market, hotels must sustain their better than average performance over time—so called ‘sustainable performance’. To achieve and maintain such performance, hotels need to measure (monitor) their financial and non-financial performance. This paper argues that one way for hotels to achieve such performance is by collaborating with other organisations. Hence, the objective of the study was to examine the relationship between business collaboration and sustainable performance following the sustainability balanced scorecard concept, which includes financial, customer, internal business process, learning and growth, and social and environment perspectives. An online survey involving 85 hotel general managers was conducted to collect data from four- and five-star hotels located in Indonesia. Data analysis was performed using partial least squares. The results revealed that the relationship between hotel engagement in business collaboration and hotel sustainable performance in terms of internal business process, learning and growth, and social and environment perspectives was found to be positive and significant. Therefore, it can be concluded that business collaboration may assist hotels to improve their internal business processes, learning and growth, and social and environmentally related performances.