Impact of Strategic Planning on the Financial Performance of Small and Medium Banks in Islamabad

(2014). Bulletin of Business and Economics, 3(2), 96-130.

35 Pages Posted: 22 Aug 2018

See all articles by Ahmed Imran Hunjra

Ahmed Imran Hunjra

University of Waikato; Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS)

Nuzhat Shamim

Allama Iqbal Open University

Babar Khalid

Pir Mehr Ali Shah Arid Agriculture University Rawalpindi, Students

Date Written: 2014

Abstract

Strategic planning is the ongoing practice of organizations and firms to improve the firm’s performance. This study plans to find out the relationship between strategic planning and financial performance of microfinance banks in Pakistan. For this purpose, questionnaire has been designed. Population of this study were the professionals and top management of four microfinance banks of Islamabad region i.e. study i) Kashaf Bank ii) Khushhali Bank iii) Waseela Microfinance Bank iv) Tameer Microfinance Bank. Sample size of forty one top management professionals of microfinance banks was selected. For analysis purpose, SPSS was used and descriptive and inferential statistics i.e. t-test, ANOVA and regression analysis has been applied. In this study, we find financial performance has positive and substantial relationship with independent variables of strategic planning and regression results reveals significant relation between strategic planning and Return on assets, insignificant relationship among formal and non-formal planning and financial performance and Return on Equity with strategic planning also shows significant relationship.

Keywords: Strategic Planning, Financial Performance, Return On Assets (ROA), Return On Equity (ROE), Kashaf Bank, Khaushhali Bank, Waseela Microfinance Bank, Tameer Microfinance Bank, Pakistan, Islamabad

Suggested Citation

Hunjra, Ahmed Imran and Shamim, Nuzhat and Khalid, Babar, Impact of Strategic Planning on the Financial Performance of Small and Medium Banks in Islamabad (2014). (2014). Bulletin of Business and Economics, 3(2), 96-130. . Available at SSRN: https://ssrn.com/abstract=3229701

Ahmed Imran Hunjra (Contact Author)

University of Waikato ( email )

Te Raupapa
Private Bag 3105
Hamilton, 3240
New Zealand

Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS) ( email )

Muree Road Rawalpindi
Shamsabad, Punjab 44000
Pakistan
00923457162527 (Phone)

Nuzhat Shamim

Allama Iqbal Open University

Sector H-8
islamabad, Punjab 44000
Pakistan

Babar Khalid

Pir Mehr Ali Shah Arid Agriculture University Rawalpindi, Students ( email )

Pakistan

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