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- W3194748163 abstract "This study examines whether firms lose competences and become obsolete as time goes by. The results indicate that firms’ aging is associated with lower profitability while getting larger is associated with higher profitability. More surprisingly, this pattern does not hold across different time periods. Namely, during the credit crisis there is a positive relationship between more mature firms in terms of age and size relative to profitability. Thus, firms’ age itself could also define a firms’ life cycle and can be an appropriate alternative for the firms’ life cycle based on size." @default.
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- W3194748163 date "2012-01-01" @default.
- W3194748163 modified "2023-09-23" @default.
- W3194748163 title "Impact of firms’ life cycle on profitability. Evidence from U.K. listed firms." @default.
- W3194748163 hasPublicationYear "2012" @default.
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