Revisiting the influence of institutional forces on the written business plan: a replication study
Journal article, 2018

The present paper re-analyzes and extends a study on institutional forces and the written business plan (Honig and Karlsson in J Manag 30(1):29–48, 2004). We attempt to examine to what extent critical decision making is evident in model and variable choice, and whether the implications provided by systematic replication efforts may serve to provide additional and perhaps unrecognized theoretical and/or empirical observations. We find that the key result—formal business planning does not affect performance, does not hold. In fact, we find evidence that formal business planning affects survival but not profitability. The re-analysis also reveals, that institutional antecedents to formal planning appear to be fragile and prone to researcher biases due to different coding and assumptions. Our study underscores the consequences of access to original data and coding material, and to rely upon current methodological explanations for subsequent analyses.


Replication study

Business planning

Research ethics


Christian Hopp

RWTH Aachen University

Francis J. Greene

University of Edinburgh

Benson Honig

McMaster University

Tomas Karlsson

Chalmers, Technology Management and Economics, Entrepreneurship and Strategy

Mikael Samuelsson

Stockholm School of Economics

Management Review Quarterly

2198-1620 (ISSN) 2198-1639 (eISSN)

Vol. 68 4 361-398

Subject Categories

Business Administration

Other Civil Engineering

Information Systemes, Social aspects



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