Results 261 to 270 of about 17,085 (296)

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, Hossain, M., Cheung, Adrian, Habib, A.   +3 more
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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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The theory of the corporate life cycle

Long Range Planning, 1973
Abstract There appears to be a widespread management belief that the corporation is endowed with an inbuilt elixir for survival and growth, despite recent major corporate declines. In this article, the author outlines and illustrates the operation of one of the newest theories on corporate activity—the corporate life cycle—and its use as a planning ...
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Diversification, Performance, and the Corporate Life Cycle

Emerging Markets Finance and Trade, 2009
This paper investigates the relation between the extent of diversification in firms and their performance at different life cycle stages. To illustrate the joint endogeneity of diversification and performance, we treat both the extent of diversification and firm performance as endogenous variables in a simultaneous equation system.
Shyu J., Chen Y.-L.
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CORPORATE LIFE CYCLE AND THE EVALUATION OF CORPORATE STRATEGY.

Academy of Management Proceedings, 1973
The article reports on ways corporate life cycle can be used to evaluate business strategies. The author focuses management decisions relating to business strategy and organizational structure.
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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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The end of the corporate life cycle

This paper asks how takeover and failure hazards change as listed firms get older. The hypothesis is that they increase because firms gradually run out of growth opportunities. We find the opposite. Both takeover and failure hazard drop significantly with age.
Loderer, Claudio, Wälchli, Urs
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Corporate Life Cycles and the Evolution of Management — Part II

Management Decision, 1984
The first part of the article posited a segmentation of corporate life cycles into four stages: birth, youth, maturity and resurrection. A review of the characteristics of each of the corporate life stages indicated that the role of management and the planning and control systems are quite different in each stage.
Scott S. Cowen, J. Kendall Middaugh, Kevin McCarthy   +2 more
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The firm's strategic dynamics and corporate governance life‐cycle

International Journal of Managerial Finance, 2006
PurposeThe paper seeks to present a novel conceptual framework that integrates the strategic dynamics of the firm with changes in its governance systems.Design/methodology/approachThe agency research agenda is extended to include other corporate governance roles, such as resource and strategy functions, alongside monitoring and control functions ...
Filatotchev, Igor, Toms, S., Wright, M.
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The Corporate Life Cycle and the Cost of Equity

Journal of Business Valuation and Economic Loss Analysis, 2019
Abstract A widely used methodology for estimating the beta of companies with the Capital Asset Pricing Model (CAPM) uses comparable firms based only on industry or sector classifications (Bancel, F., and U. R. Mittoo. 2014. “The Gap between the Theory and Practice of Corporate Valuation: Survey of European Experts.” Journal of Applied Corporate Finance
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