Cash Flow Patterns as a Proxy for Firm Life Cycle

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How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Do Corporate Policies Follow a Life-Cycle? (2016, positive): “Following Dickinson (2011), we classify firms into different stages of life-cycle according to their cash flow patterns.”
Customer-base concentration, profitability and distress across the corporate life cycle (2013, neutral): “This 2The limited accounting research that addresses life-cycle issues (Anthony and Ramesh (1992); Dickinson (2011)) examines the life cycle of the firm rather than the life-cycle of the major customer relationship.”
Firm Life Cycle, Corporate Risk Taking, and Investor Sentiment (2017, neutral): “On the other hand, 2 As Dickinson (2011) remarks, the literature clearly spells out the role of different stages of the firm life cycle except for the shake-out stage.”
The Interplay between Working Capital Management and a Firm’s Financial Performance across the Corporate Life Cycle (2020, methodology): “Dickinson [52] argues that cash flows of a firm capture differences in its growth, profitability, allocation of resources and risk.”
Corporate Life Cycle and Cost of Equity Capital (2015, neutral): “Firms in the mature stage are characterized by stability, while firms in the decline stage are in a transition phase (Dickinson, 2011).”