Corporate Life Cycle And Financial Performance In Terms Of Emerging Markets
Table 1: Corporate life cycle and cash flow patterns according to Dickinson model
Cash flow | Introduction | Growth | Maturity | Shake-out | Decline | |||
Operating | Neg. | Pos. | Pos. | Neg. | Pos. | Neg. | Neg. | Neg. |
Investing | Neg. | Neg. | Neg. | Neg. | Pos. | Pos. | Pos. | Pos. |
Financing | Pos. | Pos. | Neg. | Neg. | Pos. | Neg. | Pos. | Neg. |