Despite the magnitude of scholarly understanding of firm performance, there has been no robust statistical meta-analytic review of antecedents of firm performance in hospitality and tourism journals. Therefore, this study conducted Hunter-Schmidt random-effects meta-analyses on the relationships between firm performance and its predictors based on Kaplan and Norton's balanced scorecard framework. This study identified fourteen antecedents of firm performance, and all proposed relationships were significant. This study also examined the moderating role of culture on the relationships at continental- and national-approaches by adopting sample z-tests and meta-regression. This study found the moderating role of culture on seven relationships at the continental-level comparison and identified corresponding cultural dimensions responsible for the degree of the relationships. This study expanded the literature on firm performance and contributed to strategic and financial management literature. Based on findings, the authors presented several important practical implications.

尽管学术界对公司绩效的理解程度很高，但尚未有针对酒店和旅游业期刊中公司绩效前因的强有力的统计荟萃分析综述。因此，本研究基于Kaplan和Norton的平衡计分卡框架，对公司绩效与其预测指标之间的关系进行了Hunter-Schmidt随机效应荟萃分析。这项研究确定了企业绩效的十四个先决条件，并且所有拟议的关系都很重要。这项研究还通过采用样本z检验和meta回归检验了文化在大陆和国家方法之间的关系中的调节作用。这项研究在大陆层面的比较中发现了文化对七个关系的调节作用，并确定了造成关系程度的相应文化维度。这项研究扩展了关于企业绩效的文献，并为战略和财务管理文献做出了贡献。基于发现，作者提出了一些重要的实际意义。