The relationship between mission statements and firm performance: an exploratory study

Article Abstract:

This paper examines the relationship between mission statements and firm performance using a sample of 136 large Canadian organizations. Previous writings suggest that mission statements are essential for superior organizational performance results. However, there is little empirical evidence to support this claim. The data from the present study demonstrate that mission statements and some of their specific characteristics are selectively associated with higher levels of organizational performance. The paper concludes with several propositions to guide future research. (Reprinted by permission of the publisher.)

Research, Performance, Canada, Organizational effectiveness, Mission statements

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Strategic apex configurations in state-owned enterprises

Article Abstract:

This paper suggests that four contextual variables shape the state-owned enterprise (SOE)-government relationship: the SOE's development of a technical core, the SOE's financial self-sufficiency, the structure of government supervision over the SOE, and the agreement on rules of the political game among external groups. The relationship life cycle is then linked to five configurations of top management in SOEs, which differ in composition and structure, performance criteria, and critical tasks. (Reprinted by permission of the publisher.)

Analysis, Usage, Management research, Government business enterprises, Public enterprises, Government ownership, Nationalization

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