Relational governance, strategic planning and firm performance

Name: Relational governance, strategic planning and firm performance
Author: Yeniaras, Volkan, Kaya, I.

İsim	Relational governance, strategic planning and firm performance
Yazar	Yeniaras, Volkan, Kaya, I.
Basım Tarihi:	2021-10-21
Basım Yeri	- Emerald
Konu	Business ties, Political ties, Small to medium sized enterprises, Strategic planning
Tür	Süreli Yayın
Dil	İngilizce
Dijital	Evet
Yazma	Hayır
Kütüphane:	Özyeğin Üniversitesi
Demirbaş Numarası	0263-4503
Kayıt Numarası	2ac1a4d5-fcf1-458d-ba71-3e435b60d502
Lokasyon	Business Administration
Tarih	2021-10-21
Notlar	Funding sponsor Funding number Acronym American University of Sharjah, American University of Sharjah
Örnek Metin	Purpose: While there is growing attention to the efficacy of business and political ties in emerging economies, there are not many studies explicitly examining the relations of business and political ties to small and medium enterprises (SME) strategy formation in emerging economies outside of the East-Asian setting. This study attempts to refine the facilitating role of formal strategic planning (FSP) in the relation of business and political ties to financial firm performance. Design/methodology/approach: Structural equation modeling and conditional mediation analyses were used. Findings: The authors show that while business ties are positively related to FSP, political ties are negatively associated with it. In addition, this study provides empirical evidence that FSP positively mediates the relation of business ties to financial performance. Conversely, there exists a negative indirect relationship between political ties and financial performance. This study shows that the demand uncertainty negatively moderates the relation of FSP to financial performance. Originality/value: The findings offer noteworthy inferences for firm managers and policy makers, who should evaluate the benefits and costs carried by business and political ties.
DOI	10.1108/MIP-04-2021-0122
Cilt	39

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Relational governance, strategic planning and firm performance

Yazar Yeniaras, Volkan, Kaya, I.

Basım Tarihi 2021-10-21

Basım Yeri - Emerald

Konu Business ties, Political ties, Small to medium sized enterprises, Strategic planning

Tür Süreli Yayın

Dil İngilizce

Dijital Evet

Yazma Hayır

Kütüphane Özyeğin Üniversitesi

Demirbaş Numarası 0263-4503

Kayıt Numarası 2ac1a4d5-fcf1-458d-ba71-3e435b60d502

Lokasyon Business Administration

Tarih 2021-10-21

Notlar Funding sponsor Funding number Acronym American University of Sharjah, American University of Sharjah

Örnek Metin Purpose: While there is growing attention to the efficacy of business and political ties in emerging economies, there are not many studies explicitly examining the relations of business and political ties to small and medium enterprises (SME) strategy formation in emerging economies outside of the East-Asian setting. This study attempts to refine the facilitating role of formal strategic planning (FSP) in the relation of business and political ties to financial firm performance. Design/methodology/approach: Structural equation modeling and conditional mediation analyses were used. Findings: The authors show that while business ties are positively related to FSP, political ties are negatively associated with it. In addition, this study provides empirical evidence that FSP positively mediates the relation of business ties to financial performance. Conversely, there exists a negative indirect relationship between political ties and financial performance. This study shows that the demand uncertainty negatively moderates the relation of FSP to financial performance. Originality/value: The findings offer noteworthy inferences for firm managers and policy makers, who should evaluate the benefits and costs carried by business and political ties.

DOI 10.1108/MIP-04-2021-0122

Cilt 39