Corporate life cycle and cost of equity capital.

QR Code

Corporate life cycle and cost of equity capital.

This paper investigates the effect of the corporate life cycle on the cost of equity capital. Using a sample of Australian firms between 1990 and 2012, we find that the cost of equity capital varies over the life cycle of the firm. In particular, using Dickinson’s (2011) life cycle measure, we find...

Full description

Bibliographic Details
Main Authors:	Hasan, Mostafa, Hossain, M., Cheung, Adrian, Habib, A.
Format:	Journal Article
Published:	Elsevier Ltd 2015
Subjects:	Firm life cycle Contributed capital Earned equity Cost of equity
Online Access:	http://hdl.handle.net/20.500.11937/13273

Similar Items

VENTURE CAPITAL AND PRIVATE EQUITY IN CHINA: MARKET DEVELOPMENT AND VENTURE CAPITAL LIFE-CYCLE
by: Wang, Lu
Published: (2005)

The impacts of cash flow volatility on Chinese firms: investment, debt maturity, cost of capital
by: Yu, Zichen
Published: (2019)

Do Announcement of Private Equity Deals Generate Abnormal Returns: Evidence on Indian Capital Market
by: Shah, Vikalp
Published: (2007)

Capital structure and firm performance: Evidence from listed companies in China
by: LI, QINYI
Published: (2022)

From Sandcastles to Skyscrapers: The Emergence of GCC Private Equity
by: Nasra, Anas
Published: (2007)

The Development of Venture Capital and Private Equity in GCC Countries
by: Binhassan, Abdullah
Published: (2010)

Firm life cycle, corporate risk-taking and investor sentiment
by: Habib, A., et al.
Published: (2015)

The impact of stringent insider trading laws and institutional quality on cost of capital
by: Kwabi, Frank O., et al.
Published: (2018)

Fund Placement Agent(FPA)in China Venture Capital and Private Equity Industry
by: Cao, Wenxuan
Published: (2007)

Can corporate reputation complement or substitute underwriter reputation in seasoned equity offerings?
by: Ng, Xin Yin
Published: (2021)

The Relationship between Equity-based Compensation and Firm Performance: Evidence from Chinese Listed Companies
by: Zhang, Ying
Published: (2020)

Housing Equity Withdrawal in Australia: Prevalence, Patterns and Motivations in Mid-to-late Life
by: Ong, Rachel, et al.
Published: (2015)

Ministerial Expert Committee Review of the WA Electoral system for the election of the Western Australian Legislative Council
by: Fullarton, Lex
Published: (2021)

Design to cost in Siemens - integrating EVA with product target costing and life cycle costing
by: Cheng, Ge Fang Gloria
Published: (2006)

Brand equity and packaging design impact on customer loyalty to kedai rakyat 1 Malaysia products
by: Zainal Abidin, Sazrinee
Published: (2019)

Executive Compensation and Firm Performance: the Comparative Study on State-owned and Non-state-owned Enterprises in China.
by: Ding, Shun
Published: (2020)

The impact of digital start-up founders’ higher education on reaching equity investment milestones
by: Ratzinger, Daniel, et al.
Published: (2018)

The practice of life cycle cost in Malaysia construction industry: a review / Wan Nur Hamizah Wan Hassan, Norhanim Zakaria and Muhammad Azzam Ismail
by: Wan Hassan, Wan Nur Hamizah, et al.
Published: (2014)

A Comparison between Discounted Cash Flow and Residual Earning Models for Use in Equity Valuation
by: Niu, Jie
Published: (2005)

Housing equity withdrawal: uses, risks, and barriers to alternative mechanisms in later life
by: Ong, Rachel, et al.
Published: (2013)

Performance modelling, life cycle assessment, and life cycle cost analysis of natural rubber latex modified asphalt pavement
by: Suwarto, Fardzanela
Published: (2024)

Capital Structure and Bank P0erformance: Evidence from Sri Lanka
by: Durairaj, Binusitha
Published: (2010)

Performance Evaluation of Greek Domestic and International Equity Mutual Funds
by: Charkiolakis, Georgios
Published: (2016)

Risk Committee, Firm Life Cycle, and Market Risk Disclosures
by: Hadi-Al, A., et al.
Published: (2015)

Understanding the challenge of gender equity in China: a preliminary study
by: Preston, Alison, et al.
Published: (2008)

The Effect of Brand Equity on Consumer Buying Behaviour In the Laptop Market of China
by: Liu, Zhenyu
Published: (2007)

Life-Cycle Cost Analysis for Infrastructure/Pavement Design
by: Whyte, Andrew, et al.
Published: (2012)

Impact of leverage ratios on earnings per share (EPS) of Indian cement manufacturing companies
by: Rengasamy, Dhanuskodi
Published: (2014)

Cross-Border Private Equity Syndication: The Effect of Institutional Environment and Organisation Learning
by: Chopraa, Riya
Published: (2008)

Equity and reform in mathematics education.
by: Goodell, Joanne E.
Published: (1998)

Scanning of Prospective Investment Opportunities for a Regional Venture Capital Fund
by: Mole, Richard James, et al.
Published: (2007)

Channels from Housing Wealth to Consumption
by: Ong, Rachel, et al.
Published: (2013)

Disclosure Quality, the Cost of Capital and Strategic Correlation
by: Cheung, Adrian, et al.
Published: (2014)

Equity mispricing and the adjustment toward target leverage: Evidence from the UK
by: Dang, Thi Uyen Thao
Published: (2017)

The Effects of Private Equity on Performance of European Companies
by: Epuri, Vladimir
Published: (2015)

The impact of private equity on firms׳ patenting activity
by: Amess, Kevin, et al.
Published: (2015)

Equity Incentives, R & D Investment and Corporate Performance
by: Huang, Weiwei
Published: (2020)

Optimal gradual liquidation of equity from a risky asset
by: Dokuchaev, Nikolai
Published: (2010)

Interaction between Venture Capitalists' Screening Criteria and their Individual Bias - A Part of the East Midlands Early Growth Fund Project
by: Mu, Jasmine Chao-wen
Published: (2007)

'We don't have any of those people here...'
by: Comfort, Jude, et al.
Published: (2010)