In this article we investigate the correlation between growth rates of revenues across different industries linked to … industry revenues, we find that correlations of revenue growth across industries are not constant among crisis, boom and common …. The existence of structural changes in correlation of revenue growth through the phases of business cycle should be …

We introduce a straightforward method to estimate the implied cost of equity, allowing growth horizons to fluctuate … both cross-sectionally and through time. Our results show substantial dispersion of implied growth horizons in cross … expected growth horizons are allowed to fluctuate through time. Our findings suggest that valuation models using fixed growth …

caution against the growth-at-all-costs paradigm. Amongst them, Davidsson et al. (2009) notably showed that profitability …Firm growth is overwhelmingly presented as positive. Policy-makers strongly support it, educators recommend it, and … academics commonly use it as a measure of success. While it is demonstrated that high-growth firms contribute disproportionately …