Table 5 - Use of several operational planning instruments
Turning to H5, which proposed a lower level of formalisation of strategic plans in firms that have higher family influence, the univariate results for both large and medium-sized firms can be obtained from Table 6. Again, the level of family influence only significantly impacted medium-sized firms. For the group of large firms, the descriptive statistics show only a weak
tendency towards the support of H5. Thus, based on the univariate results, H5 can also only be confirmed for medium-sized firms. Level