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The Influence of Strategic Maneuverability Practices on The Financial Performance of Bumiputera Contractors

Author

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  • Nur Aida Binti Hussin

    (Universiti Tenaga Nasional (UNITEN), Malaysia Author-2-Name: Salina Daud Author-2-Workplace-Name: Universiti Tenaga Nasional (UNITEN), Malaysia Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)

Abstract

" Objective - There are limited studies on the impact of strategic maneuverability on the financial performance of construction companies, especially concerning Bumiputera contractors in Malaysia. The objective of this study is to investigate the impact of strategic maneuverability practices on the financial performance of Bumiputera contractors in Selangor. Methodology – A questionnaire survey was distributed to 50 Bumiputera contractors in Selangor. The data was analyzed using SmartPLS 4 as part of the Structural Equation Modeling (SEM). Findings – The analysis of the feedback from the 50 respondents revealed a strong and positive relationship between the implementation of strategic maneuverability practices and the financial performance of Bumiputera contractors. Therefore, it is imperative for companies to possess strategic maneuverability in order to navigate the ever-changing business landscape of the construction industry effectively. Novelty – The findings of this study will encourage Bumiputera contractors to adopt strategic maneuverability practices to survive and remain competitive in the challenging environment of the construction industry. Type of Paper - Empirical"

Suggested Citation

  • Nur Aida Binti Hussin, 2023. "The Influence of Strategic Maneuverability Practices on The Financial Performance of Bumiputera Contractors," GATR Journals jfbr219, Global Academy of Training and Research (GATR) Enterprise.
    • Handle: RePEc:gtr:gatrjs:jfbr219
    DOI: https://doi.org/10.35609/jfbr.2023.8.3(3)
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    References listed on IDEAS

    as
    1. Cegarra-Navarro, Juan-Gabriel & Soto-Acosta, Pedro & Wensley, Anthony K.P., 2016. "Structured knowledge processes and firm performance: The role of organizational agility," Journal of Business Research, Elsevier, vol. 69(5), pages 1544-1549.
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    4. Wing Chow & Yang Chen, 2012. "Corporate Sustainable Development: Testing a New Scale Based on the Mainland Chinese Context," Journal of Business Ethics, Springer, vol. 105(4), pages 519-533, February.
    5. Muhammad Izhuan Abdul Manaff & Norziana Lokman & Nor Suziwana Tahir, 2019. "Does Size Moderate Sustainability Practices and Performance of Construction Companies in Malaysia?," International Journal of Social Sciences Perspectives, Online Academic Press, vol. 4(2), pages 48-61.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Strategic planning; strategic maneuverability; financial performance; flexible; Bumiputera contractors.;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

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