The relationship of strategic planning to financial performance | Zendy

Rhyne Lawrence C. | Zendy

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The relationship of strategic planning to financial performance

Author(s) -

Rhyne Lawrence C.

Publication year - 1986

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.4250070504

Subject(s) - shareholder , perspective (graphical) , business , strategic planning , finance , term (time) , focus (optics) , financial plan , economics , corporate governance , marketing , computer science , physics , quantum mechanics , artificial intelligence , optics

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.

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