Title: A study on the relationship between business plan components and corporate performance

Authors: Inkon Koh, Dae Ho Kim, Sang Suk Lee

Addresses: Division of Business Administration, Kangnam University, Yongin City Kyunggi Do 449-702, Korea. ' Division of Service Management, Mokwon University, Doan-Dong 800, Seo-Ku, Daejeon 302-729, Korea. ' Division of Business Administration, Kangnam University, Yongin City Kyunggi Do 449-702, Korea

Abstract: This study takes an empirical approach with the view to finding the relationship between business plans and corporate performance in its analysis of Korea|s Small and Mid-sized Enterprises (SMEs). For this study, the authors extracted five components of business plans and three kinds of corporate performances through the study of literatures and preliminary examination. The results showed that a good corporate performance is to be had only under an excellent plan and by following excellent implementation.

Keywords: business plans; corporate performance; SMEs; small and medium-sized enterprises; Korea.

DOI: 10.1504/IJEIM.2008.022310

International Journal of Entrepreneurship and Innovation Management, 2008 Vol.8 No.4, pp.359 - 380

Published online: 31 Dec 2008 *

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