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Comment la performance économique et financière d’une entreprise persiste-t-elle dans le temps ?

Abstract : Few studies have examined how the age of a firm can influence its economic and financial performance over time, especially in Africa. This study fills this gap by examining this question from a single sample of companies listed in four African financial markets (Botswana, Ghana, Zambia and Zimbabwe) over the 2008-2017. We find that the age of a firm and its performance follows a U-shaped curve, suggesting a nonlinear differentiated effect. Our results are consistent with the hypothesis of learning by action and handicaps related to the age.
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https://hal.archives-ouvertes.fr/hal-03132943
Contributor : Isabelle Celet Connect in order to contact the contributor
Submitted on : Friday, February 5, 2021 - 3:07:30 PM
Last modification on : Tuesday, January 4, 2022 - 5:56:34 AM

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Rey Dang, Gérard Akrikpan Kokou Dokou, L’hocine Houanti, Éric Vernier. Comment la performance économique et financière d’une entreprise persiste-t-elle dans le temps ?. Gestion 2000, Recherches et Publications en Management A.S.B.L., 2020, 37 (1), pp.61-75. ⟨10.3917/g2000.371.0061⟩. ⟨hal-03132943⟩

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