Performance Plan Adoption and Performance: The Contingency of Ownership Structure

Abstract

This study examined the relation between performance plan adoption and profitability. It posits that the nature of this relation varies with the ownership structure of the firm, arguing that following performance plan adoption, profitability will increase in owner‐controlled firms. Results based on data from a usable sample of 70 US firms support this contention with respect to owner‐controlled firms but not manager‐controlled firms.

Citation

Riahi‐Belkaoui, A. and Picur, R.D. (1997), "Performance Plan Adoption and Performance: The Contingency of Ownership Structure", Managerial Finance, Vol. 23 No. 5, pp. 18-27. https://doi.org/10.1108/eb018623