Market orientation, nonfinancial performance measures, and performance: evidence from Thailand / Sirilak Bangchokdee, Lokman Mia and Samkao Runglertkrengkrai
The present study sought to examine the mediating effect of managerial use of nonfinancial performance measures in the relationship between market orientation and organizational performance. Data were collected from 203 departmental managers of medium to large hotels in Thailand. Path analysis was u...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Faculty of Accountancy
2013
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/12331/ |
| _version_ | 1848803130358104064 |
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| author | Sirilak, Bangchokdee Mia, Lokman Samkao, Runglertkrengkrai |
| author_facet | Sirilak, Bangchokdee Mia, Lokman Samkao, Runglertkrengkrai |
| author_sort | Sirilak, Bangchokdee |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | The present study sought to examine the mediating effect of managerial use of nonfinancial performance measures in the relationship between market orientation and organizational performance. Data were collected from 203 departmental managers of medium to large hotels in Thailand. Path analysis was used to test the proposed hypothesis. The results indicate that market orientation is significantly related to the use of nonfinancial performance measures, and the use of nonfinancial performance measures is significantly associated with organizational performance. Thus, the use of nonfinancial performance measures plays a mediating role in the relationship between market orientation and organizational performance. An explanation for the results is that the use of nonfinancial performance measures can assist market-oriented Organisations to deliver products/services with superior value to meet customer needs and expectations, leading to improved organizational performance. |
| first_indexed | 2025-11-14T21:34:21Z |
| format | Article |
| id | uitm-12331 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T21:34:21Z |
| publishDate | 2013 |
| publisher | Faculty of Accountancy |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-123312022-07-05T04:26:57Z https://ir.uitm.edu.my/id/eprint/12331/ Market orientation, nonfinancial performance measures, and performance: evidence from Thailand / Sirilak Bangchokdee, Lokman Mia and Samkao Runglertkrengkrai apmaj Sirilak, Bangchokdee Mia, Lokman Samkao, Runglertkrengkrai Organizational effectiveness. Performance measurement Market segmentation. Target marketing The present study sought to examine the mediating effect of managerial use of nonfinancial performance measures in the relationship between market orientation and organizational performance. Data were collected from 203 departmental managers of medium to large hotels in Thailand. Path analysis was used to test the proposed hypothesis. The results indicate that market orientation is significantly related to the use of nonfinancial performance measures, and the use of nonfinancial performance measures is significantly associated with organizational performance. Thus, the use of nonfinancial performance measures plays a mediating role in the relationship between market orientation and organizational performance. An explanation for the results is that the use of nonfinancial performance measures can assist market-oriented Organisations to deliver products/services with superior value to meet customer needs and expectations, leading to improved organizational performance. Faculty of Accountancy 2013-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/12331/1/12331.pdf Sirilak, Bangchokdee and Mia, Lokman and Samkao, Runglertkrengkrai (2013) Market orientation, nonfinancial performance measures, and performance: evidence from Thailand / Sirilak Bangchokdee, Lokman Mia and Samkao Runglertkrengkrai. (2013) Asia-Pacific Management Accounting Journal (APMAJ) <https://ir.uitm.edu.my/view/publication/Asia-Pacific_Management_Accounting_Journal_=28APMAJ=29.html>, 8 (2). pp. 123-147. ISSN 1675-3194 https://apmaj.uitm.edu.my/ |
| spellingShingle | Organizational effectiveness. Performance measurement Market segmentation. Target marketing Sirilak, Bangchokdee Mia, Lokman Samkao, Runglertkrengkrai Market orientation, nonfinancial performance measures, and performance: evidence from Thailand / Sirilak Bangchokdee, Lokman Mia and Samkao Runglertkrengkrai |
| title | Market orientation, nonfinancial performance measures, and performance: evidence from Thailand / Sirilak Bangchokdee, Lokman Mia and Samkao Runglertkrengkrai |
| title_full | Market orientation, nonfinancial performance measures, and performance: evidence from Thailand / Sirilak Bangchokdee, Lokman Mia and Samkao Runglertkrengkrai |
| title_fullStr | Market orientation, nonfinancial performance measures, and performance: evidence from Thailand / Sirilak Bangchokdee, Lokman Mia and Samkao Runglertkrengkrai |
| title_full_unstemmed | Market orientation, nonfinancial performance measures, and performance: evidence from Thailand / Sirilak Bangchokdee, Lokman Mia and Samkao Runglertkrengkrai |
| title_short | Market orientation, nonfinancial performance measures, and performance: evidence from Thailand / Sirilak Bangchokdee, Lokman Mia and Samkao Runglertkrengkrai |
| title_sort | market orientation, nonfinancial performance measures, and performance: evidence from thailand / sirilak bangchokdee, lokman mia and samkao runglertkrengkrai |
| topic | Organizational effectiveness. Performance measurement Market segmentation. Target marketing |
| url | https://ir.uitm.edu.my/id/eprint/12331/ https://ir.uitm.edu.my/id/eprint/12331/ |