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Influencing mechanism of strategic flexibility on corporate performance: the mediating role of business model innovation

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  • Hongjun Xiao
  • Zhen Yang
  • Yelin Hu

Abstract

This paper explores the internal mechanism of corporate strategic flexibility on corporate performance. Through the empirical test of 197 Chinese enterprises, the empirical test is performed on the statistical hypothesis using the statistical method of SEM and linear regression. We find that the corporate strategic flexibility has a significant positive impact on its financial performance and market performance, and business model innovation has a significant positive impact on corporate financial performance and market performance, and efficiency-centred business model innovation plays a partial mediating role between strategic flexibility (resource flexibility and coordination flexibility) and corporate financial concentration; novelty-centred business model innovation plays a fully mediating role between resource flexibility and corporate market performance, and a partial mediating role between coordination flexibility and corporate market performance.

Suggested Citation

  • Hongjun Xiao & Zhen Yang & Yelin Hu, 2021. "Influencing mechanism of strategic flexibility on corporate performance: the mediating role of business model innovation," Asia Pacific Business Review, Taylor & Francis Journals, vol. 27(3), pages 470-492, May.
    • Handle: RePEc:taf:apbizr:v:27:y:2021:i:3:p:470-492
    DOI: 10.1080/13602381.2021.1896256
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    File URL: http://hdl.handle.net/10.1080/13602381.2021.1896256
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    Cited by:

    1. Jingxian Liu & Yingyu Wu & Lili Liu, 2023. "Impact of Environmental Uncertainties and Strategic Flexibility in Innovation Activities on NEV Battery Recycling Firms in China," IJERPH, MDPI, vol. 20(4), pages 1-16, February.
    2. Muhammad Awais & Amanat Ali & Muhammad Sajid Khattak & Muhammad Irfanullah Arfeen & Muhammad Azam I. Chaudhary & Aleena Syed, 2023. "Strategic Flexibility and Organizational Performance: Mediating Role of Innovation," SAGE Open, , vol. 13(2), pages 21582440231, June.

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