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Article
Publication date: 6 November 2007

Anni Lindholm and Petri Suomala

The purpose of this paper is to discuss life cycle cost management and highlight the practical challenges related to collecting adequate data and practicing long‐term cost…

6640

Abstract

Purpose

The purpose of this paper is to discuss life cycle cost management and highlight the practical challenges related to collecting adequate data and practicing long‐term cost management in an uncertain environment.

Design/methodology/approach

The paper reports a case study conducted in the Finnish Defence Forces. As part of the case study, a life cycle cost model for a case product was developed.

Findings

Activity‐based life cycle cost modeling can provide relevant information for varying product management needs at different stages in the life of a product. Quantification of uncertainty is one of the elements in the modeling that can improve the feasibility of LCC both for cost estimation and tracking purposes.

Originality/value

Only a few empirical studies on life cycle costing have been reported which focus on the defence sector. The paper contributes to our understanding of how LCC can be used in a continuous manner and depicts how LCC can produce a sharpened cost image of a particular product.

Details

International Journal of Productivity and Performance Management, vol. 56 no. 8
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 15 July 2019

Adeel Tariq, Yuosre F. Badir, Umar Safdar, Waqas Tariq and Kamal Badar

The purpose of this paper is to investigate the relationship between firms’ life cycle stages (mature vs growth) and green process innovation performance. In addition, this…

Abstract

Purpose

The purpose of this paper is to investigate the relationship between firms’ life cycle stages (mature vs growth) and green process innovation performance. In addition, this research delineates the mechanism by which the mature stage firms are more strongly associated with green process innovation performance compared to growth stage firms and recognizes technological capabilities as a mediating variable fundamental to achieve a higher level of green process innovation performance.

Design/methodology/approach

This research collected data from 202 publicly listed Thai manufacturing firms. Initially, it used multiple regression analysis to test the relationship between mature stage firms and green process innovation performance compared to the relationship between growth stage firms and green process innovation performance. Later, this research followed Muller et al. (2005) to test the mediating role of technological capabilities and conducted (Sobel, 1982, 1986; Preacher and Hayes, 2004) tests to further validate the mediation effect.

Findings

The hypothesized relationships were found to be significant, providing a strong support that mature stage firms have higher green process innovation performance compared with growth stage firms. Moreover, the technological capabilities more strongly mediate the relationship between mature stage firms and green process innovation performance compared to growth stage firms and green process innovation performance.

Originality/value

This research contributes to the existing understanding about the internal drivers of green process innovation performance by incorporating and analyzing the firms’ life cycle stages as an internal driver. This research also contributes by empirically testing the mediating role of technological capabilities on the relationship between firms’ life cycle stages and green process innovation performance.

Details

Journal of Manufacturing Technology Management, vol. 31 no. 2
Type: Research Article
ISSN: 1741-038X

Keywords

Article
Publication date: 1 May 1981

A. Meenaghan and Peter W. Turnbull

Reviews product life cycle theory and examines empirical evidence. Reports on empirical research carried out to determine the applicability of the theory to popular record…

2631

Abstract

Reviews product life cycle theory and examines empirical evidence. Reports on empirical research carried out to determine the applicability of the theory to popular record products. Proposes a framework of the relationship between the producer life cycle and the marketing mix.

Details

European Journal of Marketing, vol. 15 no. 5
Type: Research Article
ISSN: 0309-0566

Keywords

Article
Publication date: 1 January 2006

Asta Pundziene, Virginijus Kundrotas and Zigmas Lydeka

The paper aims first of all to identify the stage of the life cycle of rapidly growing Lithuanian enterprises and the main challenges that management faces at a particular stage.

4917

Abstract

Purpose

The paper aims first of all to identify the stage of the life cycle of rapidly growing Lithuanian enterprises and the main challenges that management faces at a particular stage.

Design/methodology/approach

The methodology of the study is based on the research works carried out by Hanks and Watson, Miller and Friesen and Kazanjian. On the basis of the selected factors an original questionnaire was developed and administered to eight Lithuanian companies.

Findings

Main findings of the empirical study show that rapidly growing Lithuanian companies correspond to the main life cycle features and face specific problems that were partially reported by numerous research works but also some unique ones. Findings confirm the reliability of the life cycle studies.

Research limitations/implications

The research could be extended to the broader sample, especially into different sectors. Also it would be beneficial to carry out the study in different countries with developing economies to test unique findings of the research.

Practical implications

The findings can be used by managers to predict and prepare for meeting effectively the challenges associated with certain stages of enterprise growth.

Originality/value

The paper is a first attempt to apply organisational life cycle theory in order to systemise the challenges that Lithuanian enterprises face, and to contribute to the development of the debate on organisational life cycle theory reliability.

Details

Baltic Journal of Management, vol. 1 no. 1
Type: Research Article
ISSN: 1746-5265

Keywords

Article
Publication date: 1 April 2003

Donald L. Lester, John A. Parnell and Shawn Carraher

Adapting a concept from the biological sciences, organizational researchers have proposed a life cycle of organizational development from birth to death. Several distinct models…

5116

Abstract

Adapting a concept from the biological sciences, organizational researchers have proposed a life cycle of organizational development from birth to death. Several distinct models have been postulated, ranging from three to ten stages. This paper proposes a five‐stage model and tests it empirically to assess the specific stage of the life cycle of any organization. Results of a twenty‐item scale that captures managers' perceptions of their firms' position in the life cycle are discussed. Knowledge of an organization's present position or stage of development can aid top managers in understanding the relationships between organizational life cycle, competitive strategy, and performance.

Details

The International Journal of Organizational Analysis, vol. 11 no. 4
Type: Research Article
ISSN: 1055-3185

Article
Publication date: 5 April 2018

Ali Tighnavard Balasbaneh, Abdul Kadir Bin Marsono and Emad Kasra Kermanshahi

The purpose of this study is to describe life cycle cost (LCC) and life cycle assessment (LCA) evaluation for single story building house in Malaysia. Two objective functions…

839

Abstract

Purpose

The purpose of this study is to describe life cycle cost (LCC) and life cycle assessment (LCA) evaluation for single story building house in Malaysia. Two objective functions, namely, LCA and LCC, were evaluated for each design and a total of 20 alternatives were analyzed. Two wall schemes that have been adopted from two different recent studies toward mitigation of climate change require clarification in both life cycle objectives.

Design/methodology/approach

For this strategic life cycle assessment, Simapro 8.3 tool has been chosen over a 50-year life span. LCC analysis was also used to determine not only the most energy-efficient strategy, but also the most economically feasible one. A present value (PV)-based economic analysis takes LCC into account.

Findings

The results will appear in present value and LC carbon footprint saving, both individually and in combination with each other. Result of life cycle management shows that timber wall−wooden post and beam covered by steel stud (W5) and wood truss with concrete roof tiles (R1) released less carbon emission to atmosphere and have lower life cycle cost over their life span. W5R1 releases 35 per cent less CO2 emission than the second best choice and costs 25 per cent less.

Originality/value

The indicator assessed was global warming, and as the focus was on GHG emissions, the focus of this study was mainly in the context of Malaysian construction, although the principles apply universally. The result would support the adoption of sustainable building for building sector.

Details

Construction Innovation, vol. 18 no. 3
Type: Research Article
ISSN: 1471-4175

Keywords

Article
Publication date: 9 March 2021

Tifanny Dwijaya Hendratama and Yu-Chuan Huang

This study extends related research on corporate social responsibility (CSR) into the less-researched realm of Southeast Asia setting by investigating the role of life cycle

1302

Abstract

Purpose

This study extends related research on corporate social responsibility (CSR) into the less-researched realm of Southeast Asia setting by investigating the role of life cycle stages on the relationship between CSR and firm value.

Design/methodology/approach

This study uses a sample of 1,247 firm-year observations of firms listed in Southeast Asia from 2012 to 2018. Descriptive, multiple regression and sensitivity analyses are presented in the study.

Findings

The results provide evidence that although CSR and firm value, in general, have a positive relationship, the relationship is contingent on the stages of firm's life cycle. The effect of each CSR dimension on firm value differs across life cycle stages. The social dimension of CSR predicts higher firm value at the introduction and mature stages. The governance dimension affects firm value at the growth and shake-out/decline stages. Moreover, the environmental dimension affects firm value only at the later stage of the life cycle.

Research limitations/implications

This study is limited to five countries in Southeast Asia, namely Indonesia, Malaysia, Philippines, Singapore and Thailand from 2012 to 2018. Future studies may explore other countries and investigate the impact of country classification on the relationship between CSR and firm value.

Practical implications

Policymakers, managers and other decision-makers may have a better understanding of firm's behavior in different life cycle stages. With such understanding, CSR will be successfully adopted in decision making, formulation and implementation of policies.

Originality/value

CSR-related research in Southeast Asia remains an under-studied domain, and little attention has been dedicated to different dimensions of CSR and life cycle in the area of CSR-related preference for decision making.

Details

Journal of Applied Accounting Research, vol. 22 no. 4
Type: Research Article
ISSN: 0967-5426

Keywords

Article
Publication date: 1 January 1969

M.T. Cunningham

Shows how decision making can be improved in such areas as programming the technical development and market launch of new industrial products. Declares that the concept of the…

1211

Abstract

Shows how decision making can be improved in such areas as programming the technical development and market launch of new industrial products. Declares that the concept of the product cycle is well known in the field of consumer goods marketing. Contends that the product life cycle is the graphically presented history of the sales and profit performance of a product from its development and market introduction, to its decline and discontinuation. Backs up the statements within using comprehensive figures and diagrams. Summarises that, in attempting to extend product life cycles, attention may have to be devoted to a marketing strategy based on changing the image, or value ascribed to a product by the customer through advertising and pricing policy.

Details

European Journal of Marketing, vol. 3 no. 1
Type: Research Article
ISSN: 0309-0566

Keywords

Article
Publication date: 2 February 2015

Thomas O'Connor and Julie Byrne

– The purpose of this paper is to examine whether corporate governance changes along the corporate life-cycle.

4025

Abstract

Purpose

The purpose of this paper is to examine whether corporate governance changes along the corporate life-cycle.

Design/methodology/approach

In a sample of 205 firms from 21 emerging market countries and using a life-cycle proxy from the dividends literature, the authors use a governance-prediction model which examines whether corporate governance differs along the corporate life-cycle.

Findings

Mature firms tend to practice better overall corporate governance. Discipline and independence improve as firms mature. Firms tend to be most transparent and accountable when they are young. These findings suggest that the resource/strategy and monitoring/control governance functions are relevant but at different life-cycle stages.

Research limitations/implications

In the absence of longitudinal governance data with sufficient coverage to track within-firm changes in corporate governance along the corporate life-cycle, the authors analyze differences in corporate governance between-firms at different life-cycle stages.

Originality/value

The authors use an alternative, yet new measure from the dividends literature to account for the firm’s position along the corporate life-cycle. With this new measure, the findings are in line with the predictions of Filatotchev et al. (2006).

Details

International Journal of Managerial Finance, vol. 11 no. 1
Type: Research Article
ISSN: 1743-9132

Keywords

Article
Publication date: 1 February 1988

D.W. Hoar

The objective of this paper is to give a brief overview of the techniques for lifecycle costing and attempts to make a case for the need for chartered surveyors to become more…

1073

Abstract

The objective of this paper is to give a brief overview of the techniques for lifecycle costing and attempts to make a case for the need for chartered surveyors to become more proficient in the use of lifecycle costing techniques. It also considers the importance of the client's role in lifecycle costing; and discusses the assumptions that need to be made about the ‘life of the investment’. The paper also deals with the subject of discounting techniques and how they are influenced by inflation in prices, interest rates and risk. It includes discussion of the various costs and values which need to be considered in any life cycle costing study. In conclusion, there is a brief discussion of how lifecycle costing techniques support an investment appraisal of a number of options that may be open to a client.

Details

Property Management, vol. 6 no. 2
Type: Research Article
ISSN: 0263-7472

21 – 30 of over 71000