Are historic growth patterns an indication of future growth patterns?

Original Articles

Are historic growth patterns an indication of future growth patterns?

Published in: South African Journal of Accounting Research
Volume 19 , issue 1 , 2005 , pages: 73–89
DOI: 10.1080/10291954.2005.11435117
Author(s): B W Steyn Department of Accountancy, , W D Hamman Graduate School of Business, University of Stellenbosch,
Keywords: Sales growth , exceptional growth , persistence in growth
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Abstract

Over the last decade or two, much has been made of high and exceptionally high growth rates. In this paper, sales growth rates for industrial companies listed in South Africa are examined for the period 1974 to 2002.
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