Damodaran Aswath. The Corporate Life Cycle: Business, Investment, and Management Implications

Penguin Random House India, 2024. — 576 p.By better understanding how corporations age and the characteristics of each stage of their lifecycle, we can unlock the secrets behind any businesses behavior and optimize our management and investment decisions accordingly.In Aswath Damodaran’s The Corporate Life Cycle, readers will learn—
What markers tell where a company falls on its corporate lifecycle, and crucial insights for managers as they navigate the different stages
Why the shape and timing of life cycles varies across different industries
When transition points pose special challenges to companies—and strategies to conquer them
How differences in investment philosophies, in particular the divide between growth and value investing, should lead investors towards companies at different lifecycle stages