THE IMPACT OF AGE ON FIRM PERFORMANCE: A LITERATURE REVIEW

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Matteo Rossi ORCID logo

https://doi.org/10.22495/cocv13i2c1p3

Abstract

In the last thirty years the link between firm age and performance has fascinated a lot of scholars. In fact, since 1990 there has been a major attention on management studies on this topic. But the debate on this theme have produced mixed results, which resulted in extensive economics discussion, albeit without a systemic vision. The firm age literature has not yet developed a paradigm. Starting to a simple question: “age benefits performance?”, the purpose of this paper is to present a systematic review of the existing literature. The critical examination of the relation between firm age and performance provides new insights for executives.

Keywords: Firm Age, Longevity, Old Firms, New Firms, Innovation Performance, Financial Performance, Organizational Impact

How to cite this paper: Rossi, M. (2016). The impact of age on firm performance: A literature review. Corporate Ownership & Control, 13(2-1), 217-223. https://doi.org/10.22495/cocv13i2c1p3