Bridging Intellectual Capital to Business Performance: The Role of Digital Transformation and Mediating of Sustainable Corporate Performance
DOI:
https://doi.org/10.47747/fmiic.v1i3.3543Abstract
The purpose of this study is to develop a model of business performance grounded in intellectual capital. In a business context, companies must be responsible for building sustainable performance. Furthermore, the model is built based on the research gap between intellectual capital and business performance, adding variables of sustainable corporate performance and digital transformation. The theory that serves as the anchor in this study is the resource-based view theory. This study used managers as the unit of analysis by distributing 250 questionnaires. The analysis was then conducted using the structural equation model method with AMOS software. The results of the analysis of the developed hypotheses indicate that the results of the test of the mediating variable sustainable corporate performance are very significant, while the test of the direct effect between intellectual capital and business performance shows the opposite result, so this mediation model becomes a full mediation. The results of other hypothesis tests also show a significant effect of digital transformation on sustainable corporate performance and business performance. This research contributes, theoretically contributing to the development of a complex model on how to build a company's business performance through intellectual capital mediated by sustainable corporate performance, the contribution to business practice is to provide confidence to managers that business performance is built through sustainable corporate performance, and finally the contribution to society that the company's business performance must have an impact on society, the environment, and the economy at huge.
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