Psychographic Traits Influencing Private Label Proneness in the Product’s Life Cycle Growth Stage

2016 ◽  
pp. 35-45
Author(s):  
Hanna Gendel-Guterman ◽  
Shlomo Lampert
Keyword(s):  
Life Cycle ◽  
Growth Stage ◽  
Private Label ◽  
Cycle Growth

scholarly journals The Impact of Business Life Cycle and Performance Discrepancy on R&D Expenditures-Evidence from Taiwan

2017 ◽  
Vol 6 (3) ◽  
pp. 135 ◽  
Author(s):  
Shu-Chin Chang ◽  
She-Chih Chiu ◽  
Pei-Cheng Wu
Keyword(s):  
Life Cycle ◽  
Growth Stage ◽  
Stock Exchange ◽  
Mature Stage ◽  
Maturity Stage ◽  
Taiwan Stock Exchange ◽  
Cycle Growth ◽  
And Performance ◽  
Performance Discrepancy ◽  
The Impact

The purpose of this study is to examine the impact of business life cycle and performance discrepancy on Research and Development (R&D) expenditure. Specifically, we argue that managers of firms in different stages of business life cycle make R&D decisions according to their perception of performance discrepancy. We investigate three stages of business life cycle: growth stage, maturity stage, and stagnant stage. Based on a sample of firms listed in Taiwan Stock Exchange, we find that managers of firms in the growth stage tend to increase R&D expenditure when they experience positive performance discrepancy. This implies that growing firms’ slack-resource-driven behavior is leads to the increase in R&D expenditure. There is some evidence that managers of firms in the mature stage tend to increase R&D spending when they experience negative performance discrepancy, indicate that negative performance discrepancy triggers the problem-driven search behavior of managers of mature firms.

Tightening the Life-Cycle Construct: A Taxonomic Study of Growth Stage Configurations in High-Technology Organizations

1994 ◽  
Vol 18 (2) ◽  
pp. 5-29 ◽  
Author(s):  
Steven H. Hanks ◽  
Collin J. Watson ◽  
Erik Jansen ◽  
Gaylen N. Chandler
Keyword(s):  
Cluster Analysis ◽  
Life Cycle ◽  
Growth Stage ◽  
High Technology ◽  
Life Cycle Stage ◽  
Growth Stages ◽  
Taxonomic Study ◽  
Organization Context ◽  
Organization Life Cycle

Over the years much has been written about the organization life cycle, yet there has been remarkably little attention given to the underlying construct of a life-cycle stage. It is proposed in this study that each life-cycle stage consists of a unique configuration of variables related to organization context and structure. Cluster analysis is used to derive a taxonomy of growth stage configurations in a sample of 126 high-technology organizations. The derived configurations suggest a sequence of four growth stages.

Corporate cash holdings and firm life cycle: evidence from China

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ajid Ur Rehman ◽  
Tanveer Ahmad ◽  
Shahzad Hussain ◽  
Shoaib Hassan
Keyword(s):  
Life Cycle ◽  
Growth Stage ◽  
Emerging Market ◽  
Generalized Method Of Moments ◽  
Cash Holdings ◽  
External Financing ◽  
Strategic Choices ◽  
Content Type ◽  
Firm Life Cycle ◽  
Corporate Cash Holdings

Purpose The purpose of this paper is to investigate how corporate cash holdings changes across firm life cycle and how firms undergo heterogeneous dynamic cash adjustment as they advance from one stage to the next stage. Design/methodology/approach This study uses an extensive data set of 2,994 Chinese A-listed firms. The authors use generalized method of moments (GMM) and Fisher Panel unit root testing to investigate the targeting behavior of Chinese firms. Findings The uni-variate investigation reveals that firms in the growth stage exhibits the highest cash levels and firms in the decline stage report the lowest cash levels. As growth firms have high investment needs, they may require raising external capital to meet investment needs. To avoid the costly external financing, firms in growth stage tend to hold more cash. The GMM estimation reveals that along all the phases of firm life cycle there are evidences of trade-off behavior of corporate cash holdings. The authors report that adjustment rate increases as firms enters into the growth stage. Practical implications The findings provide both theoretical and practical insight to align cash policies with the available strategic choices along firm life cycle in an emerging market characterized by market imperfections. Originality/value The study is unique from the context that it is applying robust methodology to one of rarely investigated area in corporate cash policy. The peculiar Chinese study setting characterized by higher information asymmetry, high cost of external financing and heterogeneous access to financing sources provide theoretical and empirical underpinnings to investigate and gain insight about how corporate cash policy can be aligned with strategic choices available across different stages of life cycle.

scholarly journals Evaluation of the Effect of Company's Life Cycle on the Cost of Equity

2016 ◽  
Vol 10 (12) ◽  
pp. 237
Author(s):  
Mehdi Maranjory ◽  
Samira Keykha
Keyword(s):  
Life Cycle ◽  
Panel Data ◽  
Regression Model ◽  
Growth Model ◽  
Growth Stage ◽  
Cost Of Equity ◽  
Mature Phase ◽  
Significant Difference ◽  
The Cost

The aim of this study is to investigate effect of company's life cycle on cost of stockholders , in this regard, three hypotheses were developed that a sample of 118 companies during the period of 2009 to 2015 were selected in order test them and regression model and panel data was used to analyze hypotheses. In this study, Dickinson (DeAngelo et al., 2006; Dickinson, 2011; Rahmanian, Moghaddam et al., 2014) company life cycle criteria has been used to separate companies to different steps of company life cycle and the Gordon growth model has been used to measure cost of stockholders. The results show that the cost of stockholders has significant difference with each other in mature phase of Company life cycle Compared with recession of company's life cycle. The results also show that cost of stockholders have significant difference with each other compared with recession of company's life cycle in the growth stage of companies life cycle . Finally, the results show that cost of stockholders have significant difference with each other in the Company life cycle birth and decline compared with the record of company's life cycle.

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