RATIONALITY IN STRATEGIC DECISION-PROCESSES, ENVIRONMENTAL DYNAMISM AND FIRM PERFORMANCE

Authors
PRIEM RL RASHEED AMA KOTULIC AG
Citation
Rl. Priem et al., RATIONALITY IN STRATEGIC DECISION-PROCESSES, ENVIRONMENTAL DYNAMISM AND FIRM PERFORMANCE, Journal of management, 21(5), 1995, pp. 913-929
Citations number
54
Categorie Soggetti
Management,Business
Journal title
Journal of management → ACNP
ISSN journal
01492063
Volume
21
Issue
5
Year of publication
1995
Pages
913 - 929
Database
ISI
SICI code
0149-2063(1995)21:5<913:RISDED>2.0.ZU;2-K
Abstract
This study tests competing theories of how the relationship between ra tionality in strategic decision processes and firm performance may be moderated by environmental dynamism. Results, based on a survey of 101 manufacturing firms, indicate a positive rationality-performance rela tionship for firms facing dynamic environments, but no relationship be tween rationality and performance for firms facing stable environments . Implications for future research are discussed.