Document Type
Article
The Product Life Cycle: A Paradigm for Understanding Financial Management
Publication Title
Journal of Financial Practice and Education
Publication Date
1996
Abstract/ Summary
The product life cycle has been overlooked by academicians who examine the financial aspects of corporate behavior and teach finance. This article demonstrates how the life cycle concept can be used to enhance both research and teaching by demonstrating how key financial variables, such as market returns, beta, book-to-market value, dividend payout ratios and others. can be expected to change over the course of a firm 's life cycle. These variables capture the essence of corporate growth. The statistical results from a sample of 981 firms suggest that the life cycle provides unique insights for evaluating corporate growth and performance, and corporate risk and return. Returnfinder iApp author.
Repository Citation
Gup, Benton E. and Agrrawal, Pankaj, "The Product Life Cycle: A Paradigm for Understanding Financial Management" (1996). Finance Faculty Scholarship. 5.
https://digitalcommons.library.umaine.edu/finance_facpub/5
Version
pre-print (i.e. pre-refereeing)