The Determinants of the Life Cycle Stages of Brazilian Public Companies: A Study Based on Financial-Accounting Variables

The Determinants of the Life Cycle Stages of Brazilian Public Companies: A Study Based on Financial-Accounting Variables

This paper analyses the relation between firms’ life cycles stages according to Dickinson’s (2011) definition and accounting and financial ratios. We applied multinomial logistic regression analysis on a sample of 1,515 observations of public companies listed on BM&FBOVESPA between 2005 and 2012...

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Bibliographic Details
Main Authors: Wando Belffi da Costa, Marcelo Alvaro da Silva Macedo, Karen Yukari Yokoyama, José Elias Feres de Almeida
Format: Article
Language:English
Published: FUCAPE Business School 2017-01-01
Series:BBR: Brazilian Business Review
Subjects:
life cycle
accounting ratios
finance
brazilian public companies
capital market
Online Access:http://www.redalyc.org/articulo.oa?id=123050604003

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http://www.redalyc.org/articulo.oa?id=123050604003

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