Corporate life cycle has received considerable interest in the accounting, finance and
corporate governance literature. We synthesize this literature to inform readers about the …

Relative to other countries, the US now has abnormally few listed firms. This “US listing gap”
is consistent with a decrease in the net benefit of a listing for US firms. Since the listing peak …

This article reviews the conglomerate literature, with a focus on recent papers that have cast
strong doubt on the hypothesis that conglomerate firms destroy value on average when …

During 1980–2000, an average of 310 companies per year went public in the United States.
Since 2000, the average has been only 99 initial public offerings (IPOs) per year, with the …

With the ongoing reform of the electric power system, more and more power enterprises are
adopting digital transformation (DT) as a key strategy to stay competitive in the market. This …

We hypothesize, and examine empirically, two types of association between organization
capital and firm life cycle. Are firms with high organization capital more likely to be in a …

When firms create value with employees' human capital, who captures this value—
employees or their employing firms? This paper explains that the answer to this question …

Based on a sample of China's Shanghai and Shenzhen A-share public firms during 2010–
2016, we examine the role of a firm's life cycle stage on the relationship between corporate …

Corporate diversification has become increasingly prevalent in modern enterprises. While
previous literature has explored the effect of diversification on corporate performance, little is …

Business failure is an important issue for companies in the 21st century, and green business
is of global concern. Therefore, it is of vital importance to reveal the critical factors that could …