Investigating the impact of strategic planning components on financial governance in public sector organizations

Vafaeeinejad, Mahsa; Salimi, Payam

doi:10.22034/psab.2026.233620

Investigating the impact of strategic planning components on financial governance in public sector organizations

Document Type : Original Article

Authors

Mahsa Vafaeeinejad ¹

Payam Salimi ²

¹ Rasam Higher Education Institute

² Department of Accounting, Rasam Higher Education Institute, Karaj, Iran

10.22034/psab.2026.233620

Abstract

This study was conducted with the aim of explaining the impact of strategic planning components on financial governance in public sector organizations (the case study was municipalities in Tehran province). In the conceptual model, four components of internal environment analysis, external environment analysis, vision setting, and strategic goal setting were considered as independent variables and financial governance as the dependent variable. The study is of a descriptive-analytical (applied) and survey type; data were collected from 180 municipal managers and analyzed using SPSS software (version 27). The reliability of the instrument was confirmed at the desired level with Cronbach's alpha for the entire scale. The results showed that there is a positive and significant relationship between all components of strategic planning and financial governance, and in multiple regression, strategic goal setting is the strongest predictor of financial governance; then vision setting is placed, and environmental analyses have positive but weaker effects. The findings imply the pivotal role of translating the vision into measurable objectives and aligning the budget with strategic goals in improving transparency, accountability, sustainability, and fiscal coherence.

Keywords

Strategic planning

Financial governance

Internal and external environment analysis

Goal setting

Vision setting

Subjects

Public Sector Accounting

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