Building Economic Sustainability of the Energy Sector: How Purchasing Performance and Material Inventory Performance Influence Sustainable Economic Levels Moderated by Fiscal Term

Q3 Social Sciences

WSEAS Transactions on Environment and Development Pub Date : 2024-04-15 DOI:10.37394/232015.2024.20.11

Firera Firera, Mochammad Al Musadieq, Solimun Solimun, Benny Hutahayan

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引用次数: 0

Abstract

This research investigates the relationship between purchasing performance and material inventory performance with the fiscal term as a moderating variable on sustainable economic levels in Indonesia's upstream oil and gas industry. Data were collected over five years (2017-2021) from 26 Production Sharing Contract Contractors (PSCC) in Indonesia during the preliminary Plan of Development (POD) phase. This research uses Structural Equation Modeling (SEM). The results showed that purchasing performance significantly affects sustainable economic levels, and material inventory performance has no significant effect on sustainable economic levels. Fiscal term moderation on the influence of purchasing arrangements on sustainable economic levels has a significant impact. In contrast, fiscal term moderation on the influence of material inventory performance on sustainable economic levels has an insignificant effect. This research provides a comprehensive framework by explaining the influence of purchasing performance and material inventory performance with the fiscal term moderating variable on sustainable economic levels as a novelty in this research.

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打造能源行业的经济可持续性：采购绩效和材料库存绩效如何影响受财政期限调节的可持续经济水平

本研究调查了印度尼西亚上游石油和天然气行业采购绩效与材料库存绩效之间的关系，并将财政期限作为可持续经济水平的调节变量。在初步开发计划（POD）阶段，对印度尼西亚 26 家生产分成承包商（PSCC）进行了为期五年（2017-2021 年）的数据收集。本研究采用结构方程模型（SEM）。结果表明，采购绩效对可持续经济水平有显著影响，而材料库存绩效对可持续经济水平没有显著影响。财政期限对采购安排对可持续经济水平的影响有重大影响。相比之下，财政期节制对材料库存绩效对可持续经济水平的影响不明显。本研究通过解释采购绩效和材料库存绩效对可持续经济水平的影响，提供了一个全面的框架，其中财政期调节变量是本研究的一个新颖之处。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

WSEAS Transactions on Environment and Development Social Sciences-Development

CiteScore

1.90

自引率

0.00%

发文量

118

期刊介绍： WSEAS Transactions on Environment and Development publishes original research papers relating to the studying of environmental sciences. We aim to bring important work to a wide international audience and therefore only publish papers of exceptional scientific value that advance our understanding of these particular areas. The research presented must transcend the limits of case studies, while both experimental and theoretical studies are accepted. It is a multi-disciplinary journal and therefore its content mirrors the diverse interests and approaches of scholars involved with sustainable development, climate change, natural hazards, renewable energy systems and related areas. We also welcome scholarly contributions from officials with government agencies, international agencies, and non-governmental organizations.