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
Recommended Citation
Yan, Zhipeng and Zhao, Yan, "A new methodology of measuring firm life-cycle stages" (2010). Faculty Publications. 5898.
https://digitalcommons.njit.edu/fac_pubs/5898
