This paper investigates whether the presence of advisory directors and monitoring directors varies across firm life cycle stages. We follow a parsimonious life cycle proxy based on the predicted behaviour of operating, investing, and financing cash flows across the different life cycle stages...

This article investigates whether the presence of advisory directors and monitoring directors varies across firm life cycle stages. We follow a parsimonious life cycle proxy based on the predicted behaviour of operating, investing and financing cash flows across the different life cycle stages...

This paper investigates the association between idiosyncratic volatility and firm life cycle stages. Since firm performance and availability of information vary across life cycle stages, and such variation affects uncertainty about future cash flows and stock returns, we argue that idiosyncratic...

This paper investigates the impact of firm life cycle and moderating role of investor sentiment on corporate risk taking propensities. Using a large sample of US firms during 1987-2013, we find that corporate risk taking varies across the life cycle of the firm. In particular, using Dickinson...