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Planning and financial performance among small firms in a growth industry

Strategic Management JournalPublished 1 November 1988
Jeffrey S. Bracker, Barbara W. Keats, John N. Pearson
Citations372
SJR quartileQ1
SJR score10.18
SNIP3.84

TL;DR

This paper examines the relationship between planning process sophistication and the financial performance of a select group of small firms in a growth industry.

Abstract

Abstract This paper examines the relationship between planning process sophistication and the financial performance of a select group of small firms in a growth industry. Multivariate analysis of variance is used to identify statistically significant differences between firms that employ sophisticated plans and those that do not. The results support previous research on strategic planning and financial performance.

Keywords

Business, Management and Accounting