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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="ru"><front><journal-meta><journal-id journal-id-type="publisher-id">msuecon</journal-id><journal-title-group><journal-title xml:lang="ru">Вестник Московского университета. Серия 6. Экономика</journal-title><trans-title-group xml:lang="en"><trans-title>Lomonosov Economics Journal</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">0130-0105</issn><publisher><publisher-name>MSUPRESS</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.38050/01300105201936</article-id><article-id custom-type="elpub" pub-id-type="custom">msuecon-528</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>ОТРАСЛЕВАЯ И РЕГИОНАЛЬНАЯ ЭКОНОМИКА</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>BRANCH AND REGIONAL ECONOMY</subject></subj-group></article-categories><title-group><article-title>Выявление характеризующих стадии жизненного цикла факторов</article-title><trans-title-group xml:lang="en"><trans-title>Identification of Characterizing the Stage of the Iife Cycle Factors</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Россохин</surname><given-names>В. В.</given-names></name><name name-style="western" xml:lang="en"><surname>Rossokhin</surname><given-names>V. V.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Россохин Владимир Валерьевич, к.э.н., доцент кафедры финансового менеджмента</p><p>Москва</p></bio><email xlink:type="simple">vrossohin@hse.ru</email><xref ref-type="aff" rid="aff-1"/></contrib><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Рябова</surname><given-names>Е. В.</given-names></name><name name-style="western" xml:lang="en"><surname>Ryabova</surname><given-names>E. V.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Рябова Елена Вячеславовна, к.э.н., доцент кафедры финансового менеджмента</p><p>Москва</p></bio><email xlink:type="simple">eryabova@hse.ru</email><xref ref-type="aff" rid="aff-2"/></contrib></contrib-group><aff xml:lang="ru" id="aff-1"><institution>Национальный исследовательский университет «Высшая школа экономики»</institution><country>Russian Federation</country></aff><aff xml:lang="ru" id="aff-2"><institution>Национальный исследовательский университет&#13;
«Высшая школа экономики»</institution><country>Russian Federation</country></aff><pub-date pub-type="collection"><year>2019</year></pub-date><pub-date pub-type="epub"><day>17</day><month>04</month><year>2021</year></pub-date><volume>0</volume><issue>3</issue><fpage>93</fpage><lpage>110</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Россохин В.В., Рябова Е.В., 2021</copyright-statement><copyright-year>2021</copyright-year><copyright-holder xml:lang="ru">Россохин В.В., Рябова Е.В.</copyright-holder><copyright-holder xml:lang="en">Rossokhin V.V., Ryabova E.V.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://msuecon.elpub.ru/jour/article/view/528">https://msuecon.elpub.ru/jour/article/view/528</self-uri><abstract><p>Понимание теории жизненных циклов организации (далее ЖЦО) должно позволить различным стейкхолдерам изучать и анализировать различия в ресурсах, уровне инвестиций, производственных мощностях и т.д. Согласно концепции жизненного цикла, каждому этапу развития свойственны свои организационные и финансовые характеристики, «кризисы», проблемы, задачи. Исходя из этого целесообразно рассматривать стадии жизненного цикла как функцию, зависящую от определенного набора детерминант. Цель данного исследования — выявить факторы, на основании которых можно судить о движении компании по стадиям жизненного цикла, применив модель упорядоченного выбора. С помощью полученных результатов инвесторы и иные заинтересованные лица смогут на основе общедоступной информации оценить вероятность нахождения организации на определенной стадии развития и принять более обоснованное управленческое решение, поскольку существуют значимые отличия в характеристиках компаний для каждого из этапов.</p></abstract><trans-abstract xml:lang="en"><p>According to the concept of the life cycle, each stage of development is characterized by its organizational and financial characteristics, «crises», problems, tasks. Proceeding from this, it is advisable to consider the stages of the life cycle as a function that depends on a certain set of determinants. The goal of this research is — to identify the factors on the basis of which it becomes possible to understand the company's movement through the stages of the life cycle, using the model of ordered choice. With the help of the results obtained, investors and other interested persons will be able to estimate the probability of finding an organization at a certain stage of development on the basis of publicly available information and take a more reasonable management decision, since there are significant differences in the characteristics of companies for each stage.</p></trans-abstract><kwd-group xml:lang="ru"><kwd>жизненный цикл организации</kwd><kwd>факторы</kwd><kwd>определяющие стадии жизненного цикла</kwd><kwd>логит-модель</kwd><kwd>оценка стадий</kwd></kwd-group><kwd-group xml:lang="en"><kwd>organization’s life-cycle</kwd><kwd>factors determining the life cycle stages</kwd><kwd>logit-model</kwd><kwd>evaluation of stages</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Вебер М. Хозяйство и общество / пер. с нем. под научн. ред. Л. Г. 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