Dependence of Investment Activity of the Company on Stages of Corporate Life Cycle

Abstract

Authors: Victoria A. Cherkasova National Research University The Higher School of Economics vcherkasova@hse.ru

Irina Nikolayevna Smirnova - National Research University "Higher School of Economics."

In the article reveals an influence of various stages of life cycle of the company on its investment activity. For this purpose it is necessary to follow the dynamics of a life cycle of the separate organization and to find new approaches tin the management policy of the company. The article contains the description of features of a corporate investment policy for each stage of life cycle, the phase of revival of business is separately considered. The methodological basis of research is presented, the constructed models are empirically tested.