M. Arif Hernawan Primary Author Farah Margaretha Primary Author Bahtiar Usman Primary Author

Aims: The purpose of this research is to investigate how company ownership, global engagement, and sustainable practices affect technical efficiency within Indonesia's transportation and logistics sector. Study Design: This research follows a quantitative approach, utilizing a panel data regression model combined with Stochastic Frontier Analysis (SFA) to assess levels of technical efficiency. Place and Duration of Study: The research was carried out using secondary financial information from transportation and logistics firms that are listed on the Indonesia Stock Exchange (IDX), focusing on data from 2014 to 2023. Methodology: From the initial pool of companies, 22 were selected as the final sample based on specific purposive sampling criteria, resulting in a total of 206 firm-year observations. The SFA method was used to evaluate technical efficiency, utilizing a Cobb-Douglas production function within a panel data framework. The independent variables included company ownership, the extent of international engagement, and sustainable practice values, while technical efficiency served as the dependent variable. Results: The regression results showed that firm ownership has a significant positive effect on technical efficiency, internationalization has a significant negative effect, and sustainability value practices have a significant positive effect. The independent variables explain 14% of the variation in technical efficiency. Conclusion: The findings suggest that ownership structure and sustainability integration improve technical efficiency, while higher levels of internationalization tend to reduce it due to increased operational complexity. These results provide important managerial implications for enhancing competitiveness and efficiency in Indonesia’s transportation and logistics sector.