Abstract
Firm’s strategic orientation involves synchronizing environmental dynamics, corporate strategy and capital structure in order to achieve firm performance targets. The co-alignment model used successfully in the hospitality industry might be used in a wider context as a framework in explaining these relationships simultaneously. Using the data of public firms in Indonesia during the period of 1996-2010, we found that co-alignment model can be implemented in property and real estate industry as well as in hospitality industry.
Recommended Citation
Wahyudi, Imam
(2013)
"Environmental dynamic, business strategy, and financial performance: An empirical study of Indonesian property and real estate industry,"
The South East Asian Journal of Management: Vol. 7:
No.
1, Article 4.
DOI: 10.21002/seam.v7i1.1522
Available at:
https://scholarhub.ui.ac.id/seam/vol7/iss1/4
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Management Information Systems Commons, Management Sciences and Quantitative Methods Commons
