The present study was conducted to examine the effect of firm life cycle on corporate policies, where firm growth was used as the independent variable and investment, capital expenditures, debt and cash holdings as the dependent variables. The study was applied regarding purpose and causal (post hoc) regarding methodology. The population was the firms listed in the Tehran Stock Exchange. Using systematic elimination sampling method, 130 firms were selected as the sample with study period of 2012-2016. Data collection method was library with multiple regressions, and panel data was used to test the hypotheses. The results indicated that firm growth of has a positive and significant effect on capital expenditures, yet firm growth has no significant effect on the investment of firms. Moreover, firm growth has no significant effects on debt and level of cash holdings of the firms.
