Mission Power and Firm Financial Performance

Bejarano, Jesús María Godoy; Tellez‐Falla, Diego F.

doi:10.1080/10978526.2017.1400389

Cited by 7 publications

(6 citation statements)

References 43 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Missions are highly important elements of company strategies that reflect business priorities set by owners, CEOs, top managers, etc. It is known that these declarations influence real company performance [58][59][60][61][62]: i.e., these are not 'just words', but real instruments of strategic management. Commonly, mission statements are strategic documents, not public relation tools (although they may function as such, too).…”

Section: Methodsmentioning

confidence: 99%

Environmental Concerns of Russian Businesses: Top Company Missions and Climate Change Agenda

Molchanova

Yashalova

Ruban

2020

Climate

View full text Add to dashboard Cite

Climate change is on the national agenda of Russia due to this country’s contribution to greenhouse gas emissions and the expected degree of warming and precipitation increase in its territory. A content analysis of the mission statements of the 100 biggest Russian companies shows that 18.5% of them deal with environmental issues. About half of the companies that declare pro-environmental behavior belong to the energy production and transmission industry. It also is found that more than 30% of all leading hydrocarbon, chemical, and mining companies express environmental concerns in their mission statements. The main environmental priorities declared by the top Russian companies include caring for nature, production ecologization, energy efficiency, and ecological standards. These priorities are related to climate-friendly behavior, but the latter is not stated directly. Direct consideration of climate change in the mission statements of Russian companies is recommended.

show abstract

Section: Methodsmentioning

confidence: 99%

Environmental Concerns of Russian Businesses: Top Company Missions and Climate Change Agenda

Molchanova

Yashalova

Ruban

2020

Climate

View full text Add to dashboard Cite

show abstract

“…A recent literature review on the subject states that the main focus of this research is threefold [3]: i) comparative performance of firms that report their mission publicly versus those that do not; ii) the specific characteristics of mission content and orientation; iii) and the mediating effect of diverse factors (e.g., employees' commitment to the mission) on both financial (i.e., observable and self-reported) and non-financial performance. To date, most studies have analyzed institutions, ranging from private firms to hospitals and universities, solely from higher-income countries [4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19][20][21].…”

Section: Introductionmentioning

confidence: 99%

What is the mission of innovation?—Lexical structure, sentiment analysis, and cosine similarity of mission statements of research-knowledge intensive institutions

Cortés-Sánchez

2022

PLoS ONE

View full text Add to dashboard Cite

Mission statements (henceforth: missions) are strategic planning communication tools used by all types of organizations worldwide. Missions communicate an organization’s purpose, values, standards, and strategy. Research on missions has been prolific over the past 30 years, nevertheless several empirical gaps remain, such as single sector or country studies and restricted mission samples. In this article, we identify similarities and differences in the content of missions from government, private, higher education, and health research-knowledge intensive institutions in a sample of 1,900+ institutions from 89 countries through the deployment of sentiment analysis, readability, and lexical diversity; semantic networks; and a similarity computation between document corpus. We found that missions of research-knowledge intensive institutions are challenging to read texts with lower lexical diversity that favors positive rather than negative words. In stark contrast to this, the non-profit sector is consonant in multiple dimensions in its use of Corporate Social Responsibility jargon. The lexical appearance of ‘research’ in the missions varies according to mission sectorial context, and each sector has a cluster-specific focus. Utilizing the mission as a strategic planning tool in higher-income regions might serve to explain corpora similarities shared by sectors and continents. Furthermore, our open-access dataset on missions worldwide can be used as a source for further replication, triangulation, or crowdsourcing-data studies. Also, practitioners could use our open-access dataset and insights to facilitate strategic planning activities in organizations from multiple sectors.

show abstract

“…As mentioned, there is well-established research on MS contents and its association with organisational performance [12,13,[17][18][19][20][21][22][23][24][25][26][27][28]. The MS content should express at least four key concepts, namely, purpose (why the organisation exists), values (what it believes in), standards and behaviours (the rules/norms that shape its operations) and strategy (long-term planning and pathway for achieving its purpose) [10].…”

Section: Introductionmentioning

confidence: 99%

Journal titles and mission statements: Lexical structure, diversity, and readability in business, management and accounting research

Cortés-Sánchez

2021

Journal of Information Science

View full text Add to dashboard Cite

There is an established research agenda on dissecting an article’s components and their association with a journal’s prestige. However, journals’ titles and their overview, aim and scope (i.e. journal’s mission statement – JMS(s)) have not been investigated with the same diligence. This study aims to conduct a comprehensive outlook of titles and JMSs’ lexical structure and identify significant differences between journals prestige and type of access and their JMS content in the field of business, management and accounting (BMA), considering the field’s experience in developing and applying mission statements. Titles and JMSs’ structural analysis reflected current and critical discussion in BMA: a predilection for counterintuitive findings and information and communication technology (ICT) tools. JMSs expressed primarily target customers and markets. JMSs from reputable journals showed a higher betweenness for key-terms related to rigorous features. In contrast, JMSs of lower reputable journals highlighted indexing attributes. The Wilcoxon rank-sum and the Kruskal–Wallis tests showed significant differences in the JMSs’ median diversity regarding the journal’s type of access and best quartiles.

show abstract

Mission Power and Firm Financial Performance

Cited by 7 publications

References 43 publications

Environmental Concerns of Russian Businesses: Top Company Missions and Climate Change Agenda

Environmental Concerns of Russian Businesses: Top Company Missions and Climate Change Agenda

What is the mission of innovation?—Lexical structure, sentiment analysis, and cosine similarity of mission statements of research-knowledge intensive institutions

Journal titles and mission statements: Lexical structure, diversity, and readability in business, management and accounting research

Contact Info

Product

Resources

About