Advertisement

A Growth Firm

  • Jamie Rogers
Chapter
Part of the Global Financial Markets book series (GFM)

Abstract

Industry sectors are generally defined through the products they create or the services on offer. Industries are also identified by their response to economic and business cycles, typically defined as growth, defensive or cyclical. The industry life cycle considers an industry’s viability over time, with the four stages of pioneer, growth, mature and decline indicating a phase in an industry’s evolution.

Bibliography

  1. Geske, R. The valuation of compound options, Journal of Financial Economics, 1978.Google Scholar
  2. Geske, R. and Zhou, Y. Capital Structure Effects on Prices of Firm Stock Options: Tests Using Implied Market Values of Corporate Debt, UCLA Working Paper, 2007a.Google Scholar
  3. Geske, R. and Zhou, Y. Predicting Risk and Return of the S&P 500: Evidence from Index Options, UCLA Working Paper, 2007.Google Scholar
  4. Tong, T. and Reuer, J. Corporate Investment Decisions and the Value of Growth Options, 2004.Google Scholar
  5. Zhou, Y. Pricing Individual Stock Options on Firms with Leverage, Anderson School of Management at UCLA, 2007.Google Scholar
  6. Penman, S. Financial Statement Analysis and Security Valuation, McGraw Hill, 2012.Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Jamie Rogers
    • 1
  1. 1.New YorkUSA

Personalised recommendations