FIRM LIFE CYCLE CONCEPT IN ACCOUNTING: A LITERATURE REVIEW

Year 2019, Volume: 21 Issue: 4, 979 - 1007, 29.12.2019

Ömer Faruk Güleç

https://doi.org/10.31460/mbdd.566553

Cited By: 1

Abstract

Firm life cycle theory is a significant
analysis technique that has been studied in the field of accounting for many
years. Firm life cycle is a non-deterministic concept that is derived from the
marketing and microeconomics theories and suggests that firms have various life
cycles like a living organism.Accurate and reliable determination of the life
cycle stages of firms is highly effective on financial and non-financial
decisions. The main purpose of this study is to present the development process
of the firm life cycle theory and to examine the studies in the literatüre.
First, descriptive studies and main firm life cycle models are discussed in the
paper. The intermediary role of firm life cycle in the fields of value
relevance, earnings management, firm performance, capital structure, dividend
policies and risk are among the other subjects of the study. Although the firm
life cycle analysis is a key technique in many studies, there are only few
researches in Turkish literatüre according to the findings.

Keywords

Firm Life Cycle, Corporate Life Cycle, Classification

MUHASEBEDE FİRMA YAŞAM DÖNGÜSÜ KAVRAMI: LİTERATÜR İNCELEMESİ

Abstract

Firma yaşam döngüsü teorisi muhasebe alanında uzun
yıllardır çalışılan ve işletmelerin daha homojen bir şekilde gruplandırılmasını
sağlayan önemli bir analiz tekniğidir. Firma yaşam döngüsü, pazarlama ve
mikroekonomi teorilerinden türetilen ve firmaların tıpkı canlı bir organizma
gibi çeşitli yaşam döngüleri olduğunu ileri süren ve deterministik olmayan bir
kavramdır. İşletmelerin yaşam döngüsü evresinin doğru ve güvenilir bir şekilde
tespit edilmesi, alınacak finansal ve finansal olmayan kararlar üzerinde son
derece etkilidir. Bu çalışmanın
temel amacı, firma yaşam döngüsü teorisinin gelişim sürecini ele alarak
literatürdeki çalışmaları konularına göre incelemektir. Bu kapsamda, öncelikle
temel firma yaşam döngüsü modelleri ve tanımlayıcı çalışmalara yer verilmiştir.
Firma yaşam döngüsünün aracı rol üstlendiği değer ilişkisi, kazanç yönetimi,
firma performansı, sermaye yapısı, temettü politikaları, risk ve diğer
alanlardaki araştırmalar çalışmanın diğer konuları arasındadır. Firma yaşam
döngüsünün birçok çalışmada önemli bir analiz tekniği olarak kullanılmasına
rağmen Türkiye’de bu konuyla ilgili yeterince araştırmanın yapılmaması
çalışmanın önemli bulguları arasında yer almaktadır.

Keywords

Firma Yaşam Döngüsü (Eğrisi), Kurumsal Yaşam Eğrisi, Sınıflandırma

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