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Short term financial success in large business organizations: The environment‐strategy connection
Author(s) -
Jauch Lawrence R.,
Osborn Richard N.,
Glueck William F.
Publication year - 1980
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/smj.4250010106
Subject(s) - term (time) , action (physics) , business , connection (principal bundle) , strategic management , industrial organization , marketing , business environment , process management , business administration , engineering , physics , structural engineering , quantum mechanics
This study examines the interrelationships of environmental changes and strategic action variables with each other and with short term success, for 358 large business firms over a 45 year period. Success ( Fortune ratings and ROA) is found to be related to two strategic decision segments. Several strategy‐environment relationships are also found. Some methodological problems are noted in the attempt to move policy research from case analysis to statistical explanation.