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| Author: | Capon, N. Farley, J. Hulbert, J. |
| Title: | Strategic planning and financial performance: more evidence |
| Journal: | Journal of Management Studies
1994 : JAN, VOL. 31:1, p. 105-110 |
| Index terms: | STRATEGIC PLANNING FINANCIAL PERFORMANCE CORPORATE PLANNING |
| Language: | eng |
| Abstract: | A recently published meta-analysis of the impact of strategic planning on financial performance omitted a major study of corporate planning practice in "Fortune 500" manufacturing firms. This article briefly reviews that study in light of the results of the meta-analysis. Additional analysis examines performance and firm survival over a longer time period than in the original work. The overall conclusion is that a small but positive relationship between strategic planning and performance exists, and persists. |
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