Finance

Maturity (psychological)

Statistics

Financial economics

Engineering

Developmental psychology

Philosophy

Business

Econometrics

Psychology

Economics

Archaeology

Chemistry

Sample (material)

Stock exchange

Stock (firearms)

Geography

Indonesian

Context (archaeology)

Portfolio

Risk–return spectrum

Mathematics

Linguistics

Chromatography

Mechanical engineering

Path analysis (statistics)

Indonesia Accounting Journal

The objective of this study is to examine the interaction between firm maturity and firm growth opportunities over risk and its impact on returns. This study uses 135 firms listed in Indonesia Stock Exchange during 2010 to 2016 as sample which gives 945 as total observed data. This study conducts path analysis in term for hypothesis testing and finds that firm maturity has significant role to increase the risk which gives impact on increasing the returns. In context of Indonesian firms, the findings imply that mature firms will have higher risk and higher returns.

Does maturity signals high risk and high return?