The Corporate Life Cycle Investing Finance and Management Lessons











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Like human beings, companies are born (start up), go through growth, mature and decline, albeit with higher mortality rates at the early stages. In this session, I look at how the focus in corporate finance shifts as businesses age and the management skills that are required at each stage. I also look at the evolution of uncertainty and its effect on pricing and valuation across the life cycle. • Slides: http://www.stern.nyu.edu/~adamodar/pd...

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