The Mediation Effect of Strategic Orientation on the Relation between Inflation, Tax and Business Growth
Keywords:
Inflation, Tax, Strategic Orientation, Business Growth.
Abstract
Businesses, particularly distributors bringing in merchandise from overseas into Timor-Leste, are greatly impacted by the high rate of import taxes and inflation as external factors. In order to help distributors grow their businesses significantly, this study aims to analyze how this tax rate and inflation effect distributor growth, as well as to identify obstacles and possibilities that distributors pursue. This research was carried out in 100 Distributors in Dili and questionnaires were used to collect data. To measure the associations between numerous variables, the methodology used in this study makes use of both descriptive and inferential statistics. The findings show that while the tax rate has a marginally meaningful link with growth, inflation has a significantly negative relationship with business growth. However, strategies with a mediation role do not show any significant relationship. In the future, it is recommended to conduct thorough interviews and implement appropriate strategies to enhance business growth
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References
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Hawrysz, L. (2020) ‘Strategic Orientation and Effects of E-Administration: Findings from the Miles and Snow Framework’, Administrative Sciences, 10(2), p. 35.
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Helmig, B., Hinz, V. and Ingerfurth, S. (2014) ‘Extending Miles & Snow’s strategy choice typology to the German hospital sector’, Health Policy. Elsevier Ireland Ltd, 118(3), pp. 363–376.
Henseler, J., Ringle, C. M. and Sarstedt, M. (2015) ‘A new criterion for assessing discriminant validity in variance-based structural equation modeling’, Journal of the Academy of Marketing Science, 43(1), pp. 115–135.
Higgins, D., Omer, T. C. and Phillips, J. D. (2011) ‘Does a Firm’s Business Strategy Influence its Level of Tax Avoidance?’, pp. 2–36.
Higgins, D., Omer, T. C. and Phillips, J. D. (2015) ‘The Influence of a Firm’s Business Strategy on its Tax Aggressiveness’, Contemporary Accounting Research, 32(2), pp. 1–29.
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Ihsan, M. and Mustikasari, E. (2018) ‘The Effect of Strategy Business on Tax Aggressiveness’, Contemporary Accounting Studies in Indonesia, (Jcae), pp. 854–859.
Instituto Nacional Estatística Timor Leste (INE-TL).
Jaffar, M. and Sharaaz, M. (2016) ‘Strategy and Profitability : Managing Profits in Inflation Economy’.
Karki, S., Banjara, S. and Dumre, A. (2020) ‘A review on impact of inflation on economic growth in Nepal’, Archives of Agriculture and Environmental Science, 5(4), pp. 576–582.
Kiayang Lim, E., Chalmers, K. and Hanlon, D. (2018) ‘The influence of business strategy on annual report readability’, Journal of Accounting and Public Policy. Elsevier, 1(3), pp. 0–1.
Kitching, J. (2006) ‘A burden on business? Reviewing the evidence base on regulation and small-business performance’, Environment and Planning C: Government and Policy, 24(6), pp. 799–814.
Lee, Y. and Gordon, R. H. (2005) ‘Tax structure and economic growth’, Journal of Public Economics, 89, pp. 1027–1043.
Li, J. F. and Lin, Z. X. (2015) ‘The impact of sales tax on economic growth in the United States: an ARDL bounds testing approach’, Applied Economics Letters, 22(15), pp. 1262–1266.
Liadze, I. et al. (2022) ‘The economic costs of the Russia-Ukraine conflict’, National Institute of Economic and Social Research: NIESR Policy, 32(March), pp. 1–5.
Lopo Martinez, A. and Ferreira, B. A. (2019) ‘Business strategy and tax aggressiveness in Brazil’, Journal of Strategy and Management, 12(4), pp. 522–535.
Magerakis, E. and Habib, A. (2021) ‘Business strategy and environmental inefficiency’, Journal of Cleaner Production, 302.
Matarirano, O., Chiloane-Tsoka, G. E. and Makina, D. (2019) ‘Tax compliance costs and small business performance: Evidence from the South African construction industry’, South African Journal of Business Management, 50(1), pp. 0–9.
Miles, R. et al. (1978) ‘Organizational Strategy, Structure and Process’, Academy of Management Review, pp. 546–562.
Miroshnychenko, I. et al. (2021) Family Business Growth Around the World, Entrepreneurship: Theory and Practice.
Moore, M. (2005) ‘Towards a confirmatory model of retail strategy types: An empirical test of miles and snow’, Journal of Business Research, 58(5), pp. 696–704.
Mubarik, Y. A. (2005) ‘Threshold level of inflation in Pakistan’, SBP-Research Bulletin, 1(1), pp. 35–43.
Munir, Q., Mansur, K. and Furuoka, F. (2009) ‘Inflation and Economic Growth in Malaysia — A Threshold Regression Approach’, ASEAN Economic Bulletin, 26(2), p. 180.
Nadkarni, S. and Narayanan, V. . (2007) ‘Strategic Schemas, Strategic Flexibility, and Firm Performance: The Moderating Role of Industry Clockspeed’, Strategic Management Journal, 28, pp. 243–270.
O’Regan, N. and Ghobadian, A. (2006) ‘Perceptions of generic strategies of small and medium sized engineering and electronics manufacturers in the UK: The applicability of the Miles and Snow typology’, Journal of Manufacturing Technology Management, 17(5), pp. 603–620.
Obeidat, B. Y. (2016) ‘The Effect of Strategic Orientation on Organizational Performance: The Mediating Role of Innovation’, International Journal of Communications, Network and System Sciences, 09(11), pp. 478–505.
Ocheni and Gemade (2015) ‘Effects of Multiple Taxation on the Performance of Small and Medium Scale Business Enterprises in Benue’, International Journal of Academic Research in Business and Social Sciences, 5(3), pp. 345–364.
Ocheni, S. I. (2015) ‘Impact Analysis of Tax Policy and the Performance of Small and Medium Scale Enterprises in Nigerian Economy’, Strategic Management Quarterly, 3(1), pp. 71–94.
OECD (2022) ‘COMPETITION AND INFLATION OECD Competition Policy Roundtable Background Note’, pp. 1–42.
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Published
2024-07-23
How to Cite
Graciana, B., Vong, M. and de Castro Legimai, N. (2024) “The Mediation Effect of Strategic Orientation on the Relation between Inflation, Tax and Business Growth”, Timor Leste Journal of Business and Management, 6, pp. 1-14. doi: 10.51703/bm.v6i0.155.
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Articles
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