Teoh, H. Y.; Sim, A. B.; and Thong, G., Interrelationships Among Strategy, Environment and Controls - An Empirical Analysis of Singaporean Industrial Firms, School of Accounting & Finance, University of Wollongong, Working Paper 29, 1992.
A profile of environmental, control system and performance characteristics was investigated for their interrelationships with Defender, Prospector and Analyzer strategy types in a sample of 69 industrial firms in Singapore. A multiple discriminant analysis revealed systematic differences in selected environmental and control system characteristics among the three strategy groups. The relationships with performance measures however were either absent or weak. Areas for further research were also suggested.