Academy of Accounting and Financial Studies Journal (Print ISSN: 1096-3685; Online ISSN: 1528-2635)


Financial Sustainability Based on Resource Based View Theory and Knowledge Based View Theory

Author(s): I Gede Cahyadi Putra, Ni Luh Putu Wiagustini, I Wayan Ramantha, Ida Bagus Panji Sedana

This analysis was reviewed supported the idea of Resource Base Read Theory (RBV) and information primarily based View. Resource Base View Theory (RBV) that states that a corporation that incorporates a competitive advantage may be a company that has a price creation strategy that different corporations don't have and can't imitate. However, the external role is additionally vital in deciding company attitudes and business activities. Neutral theory helps company managers to grasp the surroundings and do effective management among existing relationships within the company environment. Neutral theory acknowledges the external power of the corporate in shaping structure activities and attaches importance to legitimacy. as a result of gaining legitimacy can facilitate corporations to access valuable resources, offer licenses to work and innovate, lower risk. Company resources are all tangible and intangible qualities in hand by the corporate (Barney, 1991). The collaboration of those 2 resources produces a property competitive advantage. accumulated understanding of the existence of workers as a crucial structure asset creates a knowledge-based read of the company. Information primarily based read (KBV) may be a new existence from a corporation resource-based view of the company and provides robust theoretical support for intellectual capital. The role of RBV is to create human capital involvement in order that it permits corporations to adapt to varied issues additional effectively and with efficiency (Chen et al., 2010). This makes human resource development more dominant and structured

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