Abstract
Current thinking in corporate long-range planning tends to emphasize the need for, and value of, environmental information. Many scholars proposed that environmental information is crucial to modern corporate planning and for firms to remain competitive, particularly when making capital investment decision. Such information is generated outside the firm’s official jurisdiction. Unfortunately, little is known of the extent of environmental scanning done by decision makers when making capital investment decision. This paper reports on a study undertaken to determine the extent of environmental scanning in relations to the quality of investment decision made. This study examines the relationship between environmental scanning behavior and the quality of investment decisions made by managers. Result from 118 useable questionnaires by higher-level managers in Malaysia shows that; in making capital investment decision, most of the environment scan was related to competitor information, technology information and economic information. Out of this information, information made related to competitor and economics leads to high quality decision. Keywords: Environmental Scanning, Capital Investment, Decision-making Quality
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
