The Relationship between Management Practices, Long-term Strategic Directions and the Economic Performance of Enterprises - ARCHIVED

This study is part of the movement in the literature that supposes that entrepreneurship is an important factor in economic development and growth. A company’s success or failure is largely determined by the quality of corporate decisions made by the entrepreneur. However, since business decisions are intangible, their impact on a company’s performance is difficult to measure. This analysis aims to quantify the impact of business decisions. To measure intangibles, indexes were developed to measure a company’s management practices and long-term strategic directions, much like those developed by Bloom and Van Reenen (2007) and Brouillette and Ershov (2014).