Education management impact on the financial performance of companies: a case study of IT companies in Indonesia

Education management is one of the influencing factors in the performance of companies in various fields, including information technology. The main goals of this research are to investigate the effect of organizational learning on the financial performance of companies through the innovation process and to investigate the effect of organizational learning with innovation and innovation with financial performance. Therefore, the present study seeks to investigate the effect of education management with the mediating role of organizational learning ability and innovation on financial performance of the company. The statistical population of this descriptive research is the managers of companies active in the field of information technology in Indonesia, and the sampling method in this research is available sampling. Statistical data was prepared by distributing a questionnaire among the managers and senior experts of Indonesian IT companies. Inferential and structural equation modeling method has been used. It should be mentioned that the results of statistical analysis show a positive and significant effect of education management on organizational learning ability and business innovation of the company, a positive and significant effect of organizational learning ability on business innovation and a positive and significant effect of organizational learning ability and also business innovation on financial performance. In addition, the results show the mediating role of organizational learning ability and business innovation in the relationship between education management and financial performance. After analyzing the data using LISREL software, all three hypotheses proposed in the research were accepted.