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Drawing on the resource-based view (RBV), this study investigates how tax planning affects the likelihood of financial default in different stages of the corporate life cycle.

Collecting a large sample of US firms between 1989 and 2016, hypotheses are tested using a hazard model. Several robustness and endogeneity checks corroborate the main findings.

The results show that tax-planning firms are less likely to default in the introduction and decline stages, while they are more likely to default in the growth and maturity stages. The findings suggest that introductory and declining firms use cash resources obtained from tax planning efficiently to meet their needs and acquire other useful resources. In growing and mature firms, tax aggressiveness generates unnecessary slack resources, weakens managerial discipline and increases reputational risks.

The results shed light on the benefits and costs associated with tax planning throughout firms' life cycle, holding great significance for managers, investors, lenders and other stakeholders.

This study contributes to the literature that examines resource management at different life cycle stages by showing that cash resources from tax planning are managed in distinctive ways in each life cycle stage, having a varied impact on the likelihood of default. The authors shed light on underexplored cash resources. Furthermore, this study shows the potential linkages between the agency theory and RBV.

The essential investments in new product development (NPD) made by industrial companies entail effective management of NPD activities. In this context, performance measurement is one of the means that can be employed in the pursuit of effectiveness.

The purpose of this paper is to highlight the international significance of multi-owned developments (MODs), present an MOD life cycle conceptual model and review the range of identified peer-reviewed empirical research papers.

The paper utilises an exploratory qualitative methodology to collate and analyse literature focusing on MODs. From the 403 research papers identified 96 peer-reviewed empirical research papers specific to MODs were examined. A MOD life cycle model has been conceptualised to facilitate a content analysis of the reviewed papers.

The findings of this paper highlights the gaps in knowledge pertinent to MODs and outlines avenues for future research that argues for the need to develop a more holistic and multi-disciplinary research approach.

The research is based on reviewing published papers as identified using specific search terms.

The paper makes an important and innovative contribution to the body of knowledge by developing a MOD life cycle model and identifying the range and scope of peer-reviewed empirical research literature published on MODs. Understanding the MOD life cycle phases and the gaps in the literature can enable academics from a multitude of disciplines to enhance this field of inquiry in order to better understand this emergent property type.

The paper aims to discuss how life cycle assessment can be used in the early stage planning phase of new settlements.

By applying the life cycle methodology on the waste, water and wastewater system of a new carbon‐neutral settlement under planning in Norway, the authors discuss the pros and cons with applying this methodology in an early planning phase.

The LCA methodology enabled the authors to compare suggestions from interdisciplinary planning teams, relate them to the existing systems in Trondheim and provide quantitative results back to the decision‐makers, in this case the municipality. The environmental benefits of implementing alternative solutions in the waste, water and wastewater systems were found to be small.

Data availability and uncertainty can be limitations in the early planning phase.

By applying this methodology, the life cycle environmental impact of different solutions can be assessed at an early planning stage.

Even if life cycle assessment has been used for years in the research community, there is too little experience with applying the methodology in the early planning phase of new projects. This paper discuss how life cycle assessment can be used to compare suggestions from interdisciplinary planning teams, relate them to existing systems and provide quantitative results back to the decision‐makers.

Strategic asset management (SAM) provides guiding principles for strategic planning, procurement, use and disposal of public sector buildings. It is proposed that the whole SAM process must incorporate the principles and practices of ecologically sustainable development (ESD) founded upon intra‐generational equity, intergenerational equity, biodiversity, precaution, true cost assessment and continuous improvement principles. The paper presents observations and interim conclusions from a research project to develop a methodology of SAM incorporating the principles and practices of ESD. The paper describes the principles of SAM and ESD, makes observations about actual and potential connections and puts forward a matrix which correlates steps in SAM processes with desired outcomes of ESD. This matrix exploits a life‐cycle assessment approach used to develop planning frameworks, useful for developing macro‐level concepts such as ecological footprints and micro‐level building performance benchmarks. It is postulated that the goal of ‘sustainable building’ must become embedded in existing processes of SAM and in any improvements to those processes. It is understood that any integrated system of SAM and ESD will use, conserve and enhance the community’s resources so that ecological processes, on which life depends, are maintained and the total quality of life, now and in the future, can be increased.

This article surveys the literature dealing with theory and applications of life cycle costing (LCC). It deals with the literature published in the last 25 years and provides 667 references.

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.

Sharing and exchanging information between project participants are basic requirements for developing construction plans. An isolated construction planning knowledge‐based system is no more useful and beneficial than any another ‘island of automation’ unless the integration with other construction applications are addressed. This paper proposes conceptual data and process models for a construction planning system, CONPLAN (Intelligent CONstruction PLANning), which works within a fully Integrated Construction Environment (ICE). An object oriented methodology (James Martin) has been used to establish generic construction models within which other construction applications can be integrated. This paper also introduces briefly the modularized approach that has been adopted to integrate the various construction applications over the project life cycle.

Recapitalisation is the planned replacement of facility subsystems, such as roofs, utilities, heating, ventilation and air conditioning. Recapitalisation initiatives continually suffer from the abrupt blows of the CFO axe more than any other real estate and facilities worktype request. In many respects, this harsh treatment results from poor business‐case analysis and the lack of a universally accepted methodology for structuring recapitalisation programmes. This paper will provide methods for using standardised tools and analytical capability to create more defensible recapitalisation programmes. The paper will address several methods for forecasting recapitalisation; dispense with any notion that recapitalisation can be planned for and defended using a flat‐rate method or formulaic approach; and introduce life‐cycle systems analysis in conjunction with the well‐known facility condition index and other scales to create meaningful recapitalisation forecasts.