The effect of macroeconomics and supply chain finance (SCF) on profitability: Evidence from manufacturing companies

Autor: Supriyanto Supriyanto, Mohammad Benny Alexandri, Nenden Kostini, Ratna Meisa Dai
Rok vydání: 2023
Předmět:
Zdroj: Uncertain Supply Chain Management. 11:331-338
ISSN: 2291-6830
2291-6822
DOI: 10.5267/j.uscm.2022.9.009
Popis: This paper examines the effect of macroeconomics and supply chain finance (SCF) on the profitability of the manufacturing companies, specifically in Indonesia from 2017 to 2021. Furthermore, the study demonstrates the critical role of macroeconomics and SCF in profitability through the use of general moment method (GMM). The results indicate that cash conversion cycle (CCC) is detrimental to profitability (P), while macroeconomics has a positive impact on it. In addition, strong profitability is negatively and positively correlated with the leverage (LEV) and sustainable supply chain management (MRPB) control variables, respectively.
Databáze: OpenAIRE