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Revisiting the influence of institutional forces on the written business plan: a replication study

Christian Hopp (), Francis J. Greene (), Benson Honig (), Tomas Karlsson () and Mikael Samuelsson ()
Additional contact information
Christian Hopp: RWTH Aachen University
Francis J. Greene: University of Edinburgh
Benson Honig: McMaster University
Tomas Karlsson: Chalmers University of Technology
Mikael Samuelsson: Stockholm School of Economics

Management Review Quarterly, 2018, vol. 68, issue 4, 361-398

Abstract: Abstract The present paper re-analyzes and extends a study on institutional forces and the written business plan (Honig and Karlsson in J Manag 30(1):29–48, 2004). We attempt to examine to what extent critical decision making is evident in model and variable choice, and whether the implications provided by systematic replication efforts may serve to provide additional and perhaps unrecognized theoretical and/or empirical observations. We find that the key result—formal business planning does not affect performance, does not hold. In fact, we find evidence that formal business planning affects survival but not profitability. The re-analysis also reveals, that institutional antecedents to formal planning appear to be fragile and prone to researcher biases due to different coding and assumptions. Our study underscores the consequences of access to original data and coding material, and to rely upon current methodological explanations for subsequent analyses.

Keywords: Replication study; Business planning; PSED II; Research ethics (search for similar items in EconPapers)
JEL-codes: K30 A11 (search for similar items in EconPapers)
Date: 2018
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