Abstract

This study applied a Cusp Catastrophe theory to construct a model of the firm growth. We are integrated the literatures on the firm life cycle and its stage objective vertical to develop the balanced scorecard key performance indices of the model control variables. Besides, we generated framework correlation of firm performance change and the growth adaptation through fitting the three years data of the firm case study in the asymmetry and bifurcation side of Cusp Catastrophe model. Moreover, Using R software to fitting the firm growth models and we find evidence supporting our hypotheses that the cusp model of the firm growth better than other models through statistical testing results.

Keywords:

Balance scorecard, cusp catastrophe, firm growth, key indicator index,

References

Competing interests

The authors have no competing interests.

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Copyright

The authors have no competing interests.