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Strategic foundations in public forestry institutions: Testing resource-based and finance-based logics in the strategy of Poland's State Forests National Forest Holding

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  • Cyfert, Szymon

Abstract

Public forestry institutions are increasingly adopting strategic management frameworks, yet empirical research on the strategic rationale guiding these frameworks remains limited, particularly regarding whether financial performance or organisational capacity should be prioritised. This study investigates this tension by analysing the strategy of Poland's State Forests National Forest Holding (PGL LP). Although its official strategy follows the Balanced Scorecard model and is anchored in financial self-sufficiency, the effectiveness of this orientation has not yet been empirically verified.

Suggested Citation

  • Cyfert, Szymon, 2026. "Strategic foundations in public forestry institutions: Testing resource-based and finance-based logics in the strategy of Poland's State Forests National Forest Holding," Forest Policy and Economics, Elsevier, vol. 182(C).
    • Handle: RePEc:eee:forpol:v:182:y:2026:i:c:s1389934125002503
    DOI: 10.1016/j.forpol.2025.103671
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