Examining Financial Performance and Strategic Corporate Metrics: A Regression Analysis on Sustainability and Competitiveness

DOI

10.2991/978-94-6463-758-8_281How to use a DOI?

Keywords

Return on Assets (ROA); Financial performance; Operational efficiency; R&D expenditure; Corporate Social Responsibility (CSR)

Abstract

This study investigates the key determinants of financial performance, measured by Return on Assets (ROA), within the context of developing economies, employing the Resource-Based View (RBV) as its theoretical foundation. Drawing on panel data from publicly listed companies in Indonesia, India, Brazil, South Africa, and Mexico for the period 2010 to 2020, the analysis examines the effects of operational efficiency, R&D expenditure, Corporate Social Responsibility (CSR) engagement, and human resource productivity on financial outcomes. A Fixed Effects Model (FEM) was utilised to control for country-specific characteristics. The findings indicate that operational efficiency, R&D expenditure, and CSR engagement significantly enhance ROA, demonstrating the importance of optimising both tangible and intangible resources in resource-constrained environments. However, human resource productivity did not exhibit a significant relationship with financial performance, suggesting that further research is required to fully understand its role in developing economies. The study contributes to the literature by providing empirical evidence that innovation, CSR engagement, and leadership structures are crucial drivers of financial performance in emerging markets. These results have practical implications for policymakers and business leaders, emphasising the need for firms to prioritise resource optimisation, innovation, and socially responsible practices to achieve long-term financial sustainability.

Copyright

© 2025 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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TY  - CONF
AU  - Porferius Wandi Patintingan
AU  - Andi Ratna Sari Dewi
AU  - Andi Aswan
PY  - 2025
DA  - 2025/07/30
TI  - Examining Financial Performance and Strategic Corporate Metrics: A Regression Analysis on Sustainability and Competitiveness
BT  - Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)
PB  - Atlantis Press
SP  - 3362
EP  - 3372
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-758-8_281
DO  - 10.2991/978-94-6463-758-8_281
ID  - Patintingan2025
ER  -