Authors : Mansoor Garkaz, Ahmad Abdollahi and Azita Poordadashi
Abstract: The aim in this study is to examine the effects of the corporate life cycle on cost of equity capital in listed companies in Tehran Stock Exchange. Today, more than every time, managers lookforward to identifying factors influencing the decision’s investors. In addition, investors are looking for ways to strengthen the investment. The concept of the life cycle the company in recent years has shown that it can be considered one of the key decisions. The firm life cycle theory suggests that firms, like living organisms, pass through a series of predictable patterns of development and that the resources, capabilities, strategies, structures and functioning of the firm vary significantly with the corresponding stages of development. Researcher used of Iranian companies in the sample with 1145 firm-year during years 2009 until 2013 and classified companies according to the life cycle Dickinson.
Mansoor Garkaz, Ahmad Abdollahi and Azita Poordadashi, 2016. The Effects of the Corporate Life Cycle on Cost of Equity Capital in Listed Companies in Tehran Stock Exchange. International Business Management, 10: 2231-2234.