How does an organization's mission end up impacting financial performance - if at all? What are the important elements in the process, if any? In this study, the relationship between mission and organizational performance was modelled by drawing on previous research and on interviews with 15...

A relationship between mission and organizational performance was modeled by drawing on previous research. The model was tested with data from 83 large Canadian and US organizations. We found that mission statements can affect financial performance, howevre, not as one might have anticipated...