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This article investigates whether the presence of advisory directors and monitoring directors varies across firm life cycle stages. We follow a parsimonious life cycle proxy based on the predicted behaviour of operating, investing and financing cash flows across the different life cycle stages...
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This paper investigates the impact of firm life cycle and moderating role of investor sentiment on corporate risk taking propensities. Using a large sample of US firms during 1987-2013, we find that corporate risk taking varies across the life cycle of the firm. In particular, using Dickinson...
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Corporate life cycle has received considerable interest in the accounting, finance and corporate governance literature. We synthesize this literature to inform readers about the valuable insights gained from these studies, and to outline knowledge gaps and future research directions. Although...
Persistent link: https://www.econbiz.de/10012919033
This paper investigates whether the presence of advisory directors and monitoring directors varies across firm life cycle stages. We follow a parsimonious life cycle proxy based on the predicted behaviour of operating, investing, and financing cash flows across the different life cycle stages...
Persistent link: https://www.econbiz.de/10012953028
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