Impact Of Total Quality Management (TQM), Activity Based Costing (ABC), and Just-In-Time (JIT) on corporate financial performance: an empirical analysis on the Turkish textile industry

  • Mete Feridun Faculty of Economics and Administrative Studies, Cyprus International University, Nicosia, Cyprus
  • Orhan Korhan Department of Industrial Engineering, Eastern Mediterranean University, Gazi Magosa, Cyprus
  • Arif Ozakca Department of Industrial Engineering, Eastern Mediterranean University, Gazi Magosa, Cyprus
Keywords: Activity Based Costing (ABC), Just-in-Time (JIT), Total Quality Management (TQM)

Abstract

This article investigates whether the use of Activity Based Costing (ABC), Just-in-Time (JIT), and Total Quality Management (TQM) as strategic initiatives lead to improved financial performance in the Turkish textile industry. Strong evidence emerged that there is a strong positive association between using ABC, JIT or TQM and improvement in financial performance. This result confirms the previous results in terms of the relationship between the using of strategic initiatives and improvement in financial performance.

Keywords: Activity Based Costing (ABC), Just-in-Time (JIT), Total Quality Management (TQM)

IFE PsychologIA Vol. 13(2) 2005: 1-8

Published
2005-11-29
Section
Articles

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eISSN: 1117-1421