Rice University: Mission Statements Do Nothing for Corporate Financial Performance, Research Shows
July 20, 2021
July 20, 2021
HOUSTON, Texas, July 20 (TNSRes) -- Rice University issued the following news release:
New research shows that mission statements do not enhance financial performance, even though companies prominently feature them as an outcome of their strategy-planning process.
A systematic review of research in peer-reviewed journals shows the correlation between having a mission statement and financial performance was statistically zero, according to a chapter of "Focus: How t . . .
New research shows that mission statements do not enhance financial performance, even though companies prominently feature them as an outcome of their strategy-planning process.
A systematic review of research in peer-reviewed journals shows the correlation between having a mission statement and financial performance was statistically zero, according to a chapter of "Focus: How t . . .