Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)

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Portfolio Diversification on Value Creation and Its Implication on Business Performance

(A Study in the Non-Aero Airport Service Industry in Indonesia)

Authors
Virda Dimas Ekaputra1, *, Agus Rahayu1, Lili Adi Wibowo1, Puspo Dewi Dirgantari1
1Universitas Pendidikan Indonesia, Bandung, Indonesia
*Corresponding author. Email: virda.dimas@upi.edu
Corresponding Author
Virda Dimas Ekaputra
Available Online 26 June 2024.
DOI
10.2991/978-94-6463-443-3_133How to use a DOI?
Keywords
Business Orientation; Portfolio Diversification; Value Creation; Business Performance; Non-Aero Service Industry
Abstract

The present research aims to investigate the impact of business orientation and portfolio diversification on value creation and the implication on the business performance of the non-aero airport service industry in Indonesia. The study is conducted using a quantitative research approach. The observation is conducted on a cross-section/one-shot time horizon in 2023. The unit of analysis in this study is all airports in Indonesia, and 25 airports are taken as samples with consideration that the airports have sufficient complexity and have served commercial flights. Partial Least Square (PLS) is used to test the hypothesis. The results of hypothesis testing show that portfolio diversification has a dominant influence on value creation than business orientation; value creation has a significant effect on business performance, and value creation mediates the influence of business orientation and portfolio diversification on business performance. The results of this study propose managerial implications for the management of non-aero airport service industry companies in Indonesia to develop value creation based on portfolio diversification and business orientation to enhance their business performance.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
26 June 2024
ISBN
978-94-6463-443-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-443-3_133How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Virda Dimas Ekaputra
AU  - Agus Rahayu
AU  - Lili Adi Wibowo
AU  - Puspo Dewi Dirgantari
PY  - 2024
DA  - 2024/06/26
TI  - Portfolio Diversification on Value Creation and Its Implication on Business Performance
BT  - Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)
PB  - Atlantis Press
SP  - 1015
EP  - 1027
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-443-3_133
DO  - 10.2991/978-94-6463-443-3_133
ID  - Ekaputra2024
ER  -