IDEAS home Printed from https://ideas.repec.org/a/oup/revage/v25y2003i2p470-482.html
   My bibliography  Save this article

Strategic Planning and Financial Performance in the Food Processing Sector

Author

Listed:
  • Gregory A. Baker

Abstract

Research on the impact of formal strategic planning on firm performance has yielded mixed results. In this study, approximately 200 executives in five food processing industries were surveyed to examine the relationship between formal strategic planning and financial performance. A multiple indicator measure of strategic planning was assessed using confirmatory factor analysis. Results of the strategic planning-performance model indicate that use of strategic planning tools has a positive impact on financial performance as measured by the 3-year average pretax return on assets. Copyright 2003, Oxford University Press.

Suggested Citation

  • Gregory A. Baker, 2003. "Strategic Planning and Financial Performance in the Food Processing Sector," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 25(2), pages 470-482.
  • Handle: RePEc:oup:revage:v:25:y:2003:i:2:p:470-482
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/1467-9353.00150
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Brinckmann, Jan & Grichnik, Dietmar & Kapsa, Diana, 2010. "Should entrepreneurs plan or just storm the castle? A meta-analysis on contextual factors impacting the business planning-performance relationship in small firms," Journal of Business Venturing, Elsevier, vol. 25(1), pages 24-40, January.
    2. Abbas Mohammed Hussein & Mohammed Mustafa Ahmed & Mohamed Yahya Mahmoud Khudari, 2021. "The Impact of Strategic Planning in the University’s Competitiveness According to NIAS," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 10, September.
    3. Kawar Mohammed Mousa & Khairi Ali Auso Ali & Sabahat Gurler, 2024. "Strategic Planning and Organizational Performance: An Empirical Study on the Manufacturing Sector," Sustainability, MDPI, vol. 16(15), pages 1-17, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:revage:v:25:y:2003:i:2:p:470-482. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press or Christopher F. Baum (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.