A hierarchical model to enhance financial and strategic performance of an oil and gas company in Malaysia

Purpose – The purpose of this study intends to develop a hierarchical model through prioritisation of the core competencies with respect to competitive advantage, financial and strategic performance for an oil and gas company in Malaysia. Design/methodology/approach – Mixed method approach used i...

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Main Authors: Krishnan, Deven, Islam, Rafikul, Mhd. Sarif, Suhaimi
Format: Article
Language:English
English
English
Published: Emerald Group Publishing Ltd. 2019
Subjects:
Online Access:http://irep.iium.edu.my/78842/
http://irep.iium.edu.my/78842/
http://irep.iium.edu.my/78842/
http://irep.iium.edu.my/78842/1/78842_A%20hierarchical%20model%20to%20enhance%20financial.pdf
http://irep.iium.edu.my/78842/2/78842_A%20hierarchical%20model%20to%20enhance%20financial_SCOPUS.pdf
http://irep.iium.edu.my/78842/13/78442_A%20hierarchical%20model%20to%20enhance%20financial_wos.pdf
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recordtype eprints
spelling iium-788422020-02-26T08:16:00Z http://irep.iium.edu.my/78842/ A hierarchical model to enhance financial and strategic performance of an oil and gas company in Malaysia Krishnan, Deven Islam, Rafikul Mhd. Sarif, Suhaimi HG4001 Financial management. Business finance. Corporation finance. Purpose – The purpose of this study intends to develop a hierarchical model through prioritisation of the core competencies with respect to competitive advantage, financial and strategic performance for an oil and gas company in Malaysia. Design/methodology/approach – Mixed method approach used in the present research. Initially, interviews were conducted to solicit information about the company’s core competencies, competitive advantage, and financial and strategic performance. The interview findings used for questionnaire development to rank core competencies with respect to competitive advantage, financial and strategic performance. The survey results were analysed using the analytic hierarchy process (AHP), a mathematical model and is synthesised using Super Decisions Software. Findings – The study developed a hierarchical model and can be set as a benchmark for prioritising core competencies, with respect to competitive advantage, financial and strategic performance for oil and gas companies. Practical implications – The prioritisation results will help the company considered in the present research and also the similar companies to optimise their resources and energy to focus on the desired and the most influential core competencies. Social implications – As the oil industry develops competitive advantage, its success will cascade down to stimulate the nation’s growth, support industry and services expansion and eventually develop the nation. Originality/value – This study is a first of its kind in using AHP to rank core competencies with respect to competitive advantage, financial and strategic performance for an oil and gas company. The results can be used by oil and gas companies to enhance their overall performance. Emerald Group Publishing Ltd. 2019-09 Article PeerReviewed application/pdf en http://irep.iium.edu.my/78842/1/78842_A%20hierarchical%20model%20to%20enhance%20financial.pdf application/pdf en http://irep.iium.edu.my/78842/2/78842_A%20hierarchical%20model%20to%20enhance%20financial_SCOPUS.pdf application/pdf en http://irep.iium.edu.my/78842/13/78442_A%20hierarchical%20model%20to%20enhance%20financial_wos.pdf Krishnan, Deven and Islam, Rafikul and Mhd. Sarif, Suhaimi (2019) A hierarchical model to enhance financial and strategic performance of an oil and gas company in Malaysia. International Journal of Energy Sector Management, 14 (2). pp. 482-503. ISSN 1750-6220 https://www.emerald.com/insight/content/doi/10.1108/IJESM-01-2019-0001/full/pdf?title=a-hierarchical-model-to-enhance-financial-and-strategic-performance-of-an-oil-and-gas-company-in-malaysia 10.1108/IJESM-01-2019-0001
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
English
topic HG4001 Financial management. Business finance. Corporation finance.
spellingShingle HG4001 Financial management. Business finance. Corporation finance.
Krishnan, Deven
Islam, Rafikul
Mhd. Sarif, Suhaimi
A hierarchical model to enhance financial and strategic performance of an oil and gas company in Malaysia
description Purpose – The purpose of this study intends to develop a hierarchical model through prioritisation of the core competencies with respect to competitive advantage, financial and strategic performance for an oil and gas company in Malaysia. Design/methodology/approach – Mixed method approach used in the present research. Initially, interviews were conducted to solicit information about the company’s core competencies, competitive advantage, and financial and strategic performance. The interview findings used for questionnaire development to rank core competencies with respect to competitive advantage, financial and strategic performance. The survey results were analysed using the analytic hierarchy process (AHP), a mathematical model and is synthesised using Super Decisions Software. Findings – The study developed a hierarchical model and can be set as a benchmark for prioritising core competencies, with respect to competitive advantage, financial and strategic performance for oil and gas companies. Practical implications – The prioritisation results will help the company considered in the present research and also the similar companies to optimise their resources and energy to focus on the desired and the most influential core competencies. Social implications – As the oil industry develops competitive advantage, its success will cascade down to stimulate the nation’s growth, support industry and services expansion and eventually develop the nation. Originality/value – This study is a first of its kind in using AHP to rank core competencies with respect to competitive advantage, financial and strategic performance for an oil and gas company. The results can be used by oil and gas companies to enhance their overall performance.
format Article
author Krishnan, Deven
Islam, Rafikul
Mhd. Sarif, Suhaimi
author_facet Krishnan, Deven
Islam, Rafikul
Mhd. Sarif, Suhaimi
author_sort Krishnan, Deven
title A hierarchical model to enhance financial and strategic performance of an oil and gas company in Malaysia
title_short A hierarchical model to enhance financial and strategic performance of an oil and gas company in Malaysia
title_full A hierarchical model to enhance financial and strategic performance of an oil and gas company in Malaysia
title_fullStr A hierarchical model to enhance financial and strategic performance of an oil and gas company in Malaysia
title_full_unstemmed A hierarchical model to enhance financial and strategic performance of an oil and gas company in Malaysia
title_sort hierarchical model to enhance financial and strategic performance of an oil and gas company in malaysia
publisher Emerald Group Publishing Ltd.
publishDate 2019
url http://irep.iium.edu.my/78842/
http://irep.iium.edu.my/78842/
http://irep.iium.edu.my/78842/
http://irep.iium.edu.my/78842/1/78842_A%20hierarchical%20model%20to%20enhance%20financial.pdf
http://irep.iium.edu.my/78842/2/78842_A%20hierarchical%20model%20to%20enhance%20financial_SCOPUS.pdf
http://irep.iium.edu.my/78842/13/78442_A%20hierarchical%20model%20to%20enhance%20financial_wos.pdf
first_indexed 2023-09-18T21:50:59Z
last_indexed 2023-09-18T21:50:59Z
_version_ 1777413767630422016