Planning and financial performance among small firms in a growth industry

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.

[1]  John N. Pearson,et al.  Planning and Financial Performance of Small, Mature Firms , 1986 .

[2]  Lawrence C. Rhyne.  The Relationship of Strategic Planning to Financial Performance , 1986 .

[3]  Vasudevan Ramanujam,et al.  Multi-Objective Assessment of Effectiveness of Strategic Planning: A Discriminant Analysis Approach , 1986 .

[4]  Lawrence C. Rhyne.  The relationship of information usage characteristics to planning system sophistication: An empirical examination , 1985 .

[5]  C. Orpen.  The Effects of Long-Range Planning on Small Business Performance: A Further Examination , 1985 .

[6]  Gregory G. Dess,et al.  Measuring organizational performance in the absence of objective measures: The case of the privately-held firm and conglomerate business unit , 1984 .

[7]  James W. Carland,et al.  Differentiating Entrepreneurs from Small Business Owners: A Conceptualization , 1984 .

[8]  John A. Pearce,et al.  Research Thrusts in Small Firm Strategic Planning , 1984 .

[9]  John B. Miner,et al.  Type of Entrepreneur, Type of Firm, and Managerial Motivation: Implications for Organizational Life Cycle Theory , 1983 .

[10]  Richard B. Robinson,et al.  The Importance of “Outsiders” in Small Firm Strategic Planning , 1982 .

[11]  J. McCann.  Strategies for Change: Logical Incrementalism , 1980 .

[12]  R. LaForge,et al.  The Impact of Comprehensive Planning on Financial Performance , 1979 .

[13]  Ramon J. Aldag,et al.  Characteristics and Measurement of an Organizational Typology , 1978 .

[14]  S. Edmunds.  Book Review: Small Business Management, A Guide to Entrepreneurship , 1978 .

[15]  P. Green,et al.  Analyzing multivariate data , 1978 .

[16]  Paul E. Spector.  What to do with significant multivariate effects in multivariate analyses of variance , 1977 .

[17]  John B. Miner,et al.  Management Policy and Strategy: Text, Readings, and Cases , 1977 .

[18]  Melvin J. Stanford.  New enterprise management , 1975 .

[19]  J. Hornaday,et al.  THE NATURE OF THE ENTREPRENEUR , 1970 .

[20]  D. F. Morrison,et al.  Multivariate Statistical Methods , 1968 .

[21]  Norman R. Smith.  The Entrepreneur and His Firm: The Relationship between Type of Man and Type of Company , 1967 .

[22]  Seymour Geisser,et al.  Statistical Principles in Experimental Design , 1963 .