Employing a hierarchical data envelopment analysis to evaluate the competitiveness of listed companies in Indonesia

IF 5.6 Q1 MANAGEMENT

Asia Pacific Management Review Pub Date : 2025-09-30 DOI:10.1016/j.apmrv.2025.100387

Shiang-Tai Liu , Chen-Hao Huang , Dwi Nastiti Danarsari , Putu Angga Widyastaman , Yu-Shan Huang

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引用次数: 0

Abstract

Enterprise competitiveness is a pivotal concept in business and economic studies, serving as a key factor in a company's capacity to achieve sustainable growth, sustain market relevance, and create value within a competitive environment. In this study, we employ fifteen indicators spanning financial, production, and marketing functions to measure competitiveness. Given that the enterprise competitiveness index is synthesized from the hierarchical nature of these indicators, we utilize hierarchical data envelopment analysis (HDEA) to endogenously determine weights, enabling the aggregation of indicators to derive a comprehensive competitiveness index. This approach allows businesses to understand their competitive position better and identify specific areas for improvement. By analyzing data from 951 Indonesian listed companies, we illustrate the practical application of this index, enabling businesses to identify areas for strategic improvement.

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采用层次数据包络分析对印尼上市公司竞争力进行评价

企业竞争力是商业和经济研究中的一个关键概念，是公司在竞争环境中实现可持续增长、保持市场相关性和创造价值的关键因素。在本研究中，我们采用跨越财务、生产和营销职能的15个指标来衡量竞争力。考虑到企业竞争力指数是由这些指标的层次性综合而成的，我们利用层次数据包络分析（HDEA）内生地确定权重，使指标的集合得到综合竞争力指数。这种方法使企业能够更好地了解自己的竞争地位，并确定需要改进的具体领域。通过分析951家印尼上市公司的数据，我们说明了该指数的实际应用，使企业能够确定战略改进的领域。

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

Asia Pacific Management Review MANAGEMENT-

CiteScore

8.00

自引率

4.50%

发文量

期刊介绍： Asia Pacific Management Review (APMR), peer-reviewed and published quarterly, pursues to publish original and high quality research articles and notes that contribute to build empirical and theoretical understanding for concerning strategy and management aspects in business and activities. Meanwhile, we also seek to publish short communications and opinions addressing issues of current concern to managers in regards to within and between the Asia-Pacific region. The covered domains but not limited to, such as accounting, finance, marketing, decision analysis and operation management, human resource management, information management, international business management, logistic and supply chain management, quantitative and research methods, strategic and business management, and tourism management, are suitable for publication in the APMR.