The life expectancy of long-lived companies is shorter than you might expect: > Based on detailed survival analysis, we show that the mortality of publicly tra

The life expectancy of long-lived companies is shorter than you might expect: > Based on detailed survival analysis, we show that the mortality of publicly traded companies manifests an approximately constant hazard rate over long periods of observation. This regularity indicates that mortality rates are independent of a company's age. https://doi.org/10.1098/rsif.2015.0120 https://doi.org/10.1098/rsif.2015.0120