| Article ID: | iaor1991883 |
| Country: | United States |
| Volume: | 36 |
| Issue: | 10 |
| Start Page Number: | 1143 |
| End Page Number: | 1159 |
| Publication Date: | Oct 1990 |
| Journal: | Management Science |
| Authors: | Capon Noel, Farley John U., Hoenig Scott |
| Keywords: | financial, management |
A meta-analysis of results from 320 published studies relates environmental, strategic and organizational factors to financial performance. Some factors (e.g., concentration and growth) have been studied widely and have a relatively consistent positive impact on performance. Other widely-studied factors (e.g., size) have few consistent effects. Many factors (particularly organizational variables) are understudied. The authors suggest implications for research and management practice.