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1. 1. An Evolutionary Perspective on Corporate Governance applying Firm Life Cycle Theory

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Andreas Pettersen; Daniel Jacksén; [2012]
   Keywords : Corporate governance; Firm life cycle theory; Board size; Frequency of board meetings; Board composition;

   Abstract : This paper investigates whether the corporate governance of Swedish firms evolves along with their corporate life cycle stage. We find both quantitatively and qualitatively that corporate governance can be seen to follow the firm's life cycle stage, in particular when considering firm-specific characteristics that capture certain elements of the firm life cycle. READ MORE