A new methodology of measuring firm life-cycle stages

Document Type

Article

Publication Date

12-1-2010

Abstract

Firm life-cycle concept has been used in a variety of disciplines, including economics, finance and accounting, and also in the real-world investment. This paper develops a new methodology of measuring firm life-cycle stages. By comparing a firm's status at each point of its development with its own historical overall status, this methodology can be applied in studies of large-sample time-series properties within each stage. We use real-world firm data to illustrate and validate our methodology. © International Economic Society.

Identifier

79959432264 (Scopus)

Publication Title

International Journal of Economic Perspectives

e-ISSN

13071637

First Page

579

Last Page

587

Issue

4

Volume

4

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