| Budget Amount *help |
¥4,940,000 (Direct Cost: ¥3,800,000、Indirect Cost: ¥1,140,000)
Fiscal Year 2014: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
Fiscal Year 2013: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
Fiscal Year 2012: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
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| Outline of Final Research Achievements |
This study aims to examine the relationship between some organizational behaviors and corporate life cycle, and in particular, whether the degree of cost stickiness is greater in the growth stage than in the mature and decline stages. I examine a sample of Japanese firms from 1998 to 2010 and classify them into three corporate life cycle stages-growth, mature, and decline-based on a firm’s sales growth, net investment, and retained earnings to total equity.I find that growth firms report lower cost of goods sold per sale and total cost per sale and higher ROA and ROE than do firms in a stage of decline. However, SG&A is quite similar between firms in growth or in decline across all industries.
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