A study by Rarick and Vitton found that firms with a formalized mission statement have ________ the average return on shareholders' equity compared to those firms without a formalized mission statement.

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The study by Rarick and Vitton found that firms with a formalized mission statement have twice the average return on shareholders' equity compared to those firms without a formalized mission statement.

A Study by Rarick and Vitton Found That Firms with a Formalized