The relationship of strategic planning to financial performance

Lawrence C. Rhyne

Strategic Management Journal, 1986, vol. 7, issue 5, 423-436

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.

Date: 1986
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