The relationship of strategic planning to financial performance
Strategic Management JournalPublished 1 September 1986
Lawrence C. Rhyne
Citations237
SJR quartileQ1
SJR score10.18
SNIP3.84
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TL;DR
Planning systems that combined an external focus with a long-term perspective were found to be associated with superior 10-year total return to stockholders and a lagged relationship between such systems and 4-year average annual returns to investors was identified.
Abstract
Abstract The relationship between financial performance and characteristics of corporate planning systems was investigated/Planning systems that combined an external focus with a long‐term perspective were found to be associated with superior 10‐year total return to stockholders. A lagged relationship between such systems and 4‐year average annual returns to investors also was identified.
Keywords
Economics, Econometrics and FinanceBusiness, Management and Accounting
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