Does Competitive Advantage, Operating Efficiency and Intellectual Capital Effect Sustainable Competitive Advantage (SCA)?

• Autores: Riri Hanifa, Mohamad Adam, Isnurhadi Isnurhadi, Isni Andriana
• Localización: Journal of Law and Sustainable Development, ISSN-e 2317-4056, ISSN 2764-4170, Vol. 11, Nº. 3, 2023
• Idioma: inglés
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• Resumen

  • Objective: This study aims to analyze the effect of competitive advantage on sustainable competitive advantage, analyze the effect operating efficiency on sustainable competitive advantage, analyze the effect intellectual capital on sustainable competitive advantage.

    Theoritical framework: This research is based on several theories that support it, including Resource-based theory (RBT) and Stakeholder Theory. RBT theory suggests that sustainable excellence can be done by making innovations that are difficult to imitate or imitate by others. Stakeholder Theory gives advice on how businesses should handle their interactions with stakeholders to encourage the creation of competitive resources and secure a long-term competitive edge.

    Method: This research uses a quantitative approach and the type of data used is panel data. The data analysis technique used panel data regression to test or prove the hypothesis. The research population is all banks listed on the Indonesia Stock Exchange (IDX) for the 2012-2021 period. The sample is determined using certain criteria so that a total sample of 31 banks is obtained. Hypothesis testing used panel data regression random effect model (REM) or generalized least squares (GLS).

    Result and conclusion: The resultsof the study show that competitive advantage has a significant positive effect on sustainable competitive advantage in the banking sector. Operating efficiency and intellectual capital variables were found to have no significant effect on sustainable competitive advantage.

    Implication of the research: The outcomes help practitioners and policy-makers’ enhance their practices to reflect sustainable business through competitive advantages, efficiency and intellectual capital.

    Originality/value: This paper contributes to sustainability research of banking system by developing a conceptual framework, which may be a basis for integrating the variety of management-related sustainability research.It further adds to research into competitive advantage efficiencyand intellectual capital by clarifying how firms may profit from sustainability.