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A Longitudinal Study of the Corporate Life Cycle

Management Science, 1984
A review of recent literature on the corporate life cycle disclosed five common stages: birth, growth, maturity, revival, and decline. Theorists predicted that each stage would manifest integral complementarities among variables of environment (“situation”), strategy, structure and decision making methods; that organizational growth and increasing ...
Danny Miller, Peter H. Friesen
openaire   +3 more sources

Corporate life cycle, organizational financial resources and corporate social responsibility

Journal of Contemporary Accounting & Economics, 2017
Abstract This study examines the association between the corporate life cycle and corporate social responsibility (CSR). Motivated by the resource-based theory, we hypothesize and find supportive evidence that the resource base and competitive advantages allow mature firms to invest more in CSR-related activities than firms at other stages of the ...
Hasan, Mostafa, Habib, A.
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Generating Corporate Life Cycles from the Paradigm Life Cycle

SSRN Electronic Journal, 2011
Purpose – A popular way of understanding the dynamics of organisational change is through the preconfigured sequence of stages in a corporate life cycle, and there are a number of competing models for this. In all of them a sequence of stages is defined that configures the life cycle deterministically.
Maurice Yolles   +3 more
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Corporate Life Cycle and Managerial Ability

SSRN Electronic Journal, 2014
Using Dickinson (2011) model of firms’ life cycle stages and Demerjian et al. (2012) measure of corporate managerial ability, this study investigates whether corporate managerial ability varies among firm life cycle stages. Evidence from large dataset of U.S.
Ahmed K. Alhadi, Grantley Taylor
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Corporate Life Cycle and Earnings Benchmarks

Australian Accounting Review, 2016
We examine whether and how corporate life cycle significantly influences meeting or beating earnings benchmarks (MBE). We find that corporate life cycle plays a significant role in a firm's meeting or beating earnings benchmarks behaviour. Developing strategies that fit into the stage of corporate life cycle is crucial for corporate success.
Choi, Jeongmi   +2 more
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Corporate Life Cycle and Cost of Equity Capital

SSRN Electronic Journal, 2015
This paper investigates the impact of the corporate life cycle on the cost of equity capital. Using a sample of Australian firms during the years 1990–2012, we find that the proxies for the cost of equity capital vary across the life cycle of the firm.
Hasan, Mostafa   +3 more
openaire   +2 more sources

Life-Cycle Effects on Corporate Returns on Retentions

The Review of Economics and Statistics, 1975
IN a recent paper investigating the efficiency of earnings retentions, Baumol, Heim, Malkiel and Quandt (1970) (hereafter BHMQ) estimate the rate of return on earnings retentions, debt and new equity for a large cross section of firms. They find new equity earns considerably higher returns than the ploughback of profit and depreciation, with the ...
Grabowski, Henry G, Mueller, Dennis C
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Investment Committee, Corporate Cash Holdings and Corporate Life Cycle

International Review of Finance, 2018
AbstractWe investigate the association between voluntary formation of board investment committee (IC) and corporate cash holdings of nonfinancial firms over the corporate life cycle stages for a large sample of Gulf Cooperation Council firms during 2005–2016.
Eulaiwi, Baban   +3 more
openaire   +2 more sources

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