Results 251 to 260 of about 116,791 (300)

The cash conversion cycle spread: International evidence

Journal of Banking and Finance, 2022
The cash conversion cycle (CCC) is important for fundamental analysis as an indicator of management effectiveness in cash and financing. However, there is a lack of empirical evidence for its implications on asset pricing except for the very recent findings that high CCCs negatively predict stock returns in the U.S.
Chen, Catherine Huirong   +2 more
exaly   +3 more sources

Cash conversion cycle and aggregate stock returns

Journal of Financial Markets, 2021
Abstract In this paper, we empirically evaluate U.S. market return predictability based on an aggregate measure constructed from the bottom-up firm-level cash conversion cycle (CCC) for 1976–2018. We show that in sharp contrast to previous firm-level evidence, the aggregate CCC is a strong positive predictor of the aggregate stock market return both ...
Qi Lin
exaly   +2 more sources

Director co‐option and the cash conversion cycle

Journal of Corporate Accounting and Finance, 2022
AbstractThis study examines whether co‐opted directors degrade or improve working capital efficiency. We find strong evidence that firms with more co‐opted boards exhibit lower cash conversion cycles and so are more efficient at managing working capital.
Oneil Harris
exaly   +2 more sources

Cash conversion cycle and corporate performance: Global evidence

International Review of Economics and Finance, 2018
Abstract Previous studies have seldom explored issues regarding liquidity management; hence, we conduct a global empirical analysis of the relationship between the cash conversion cycle (CCC) and corporate performance by adopting enterprises from different countries as samples.
Chong-Chuo Chang
exaly   +2 more sources

Cash conversion cycle and firm's performance of Japanese firms

Asian Review of Accounting, 2011
PurposeThe purpose of this paper is to investigate the relation between a firm's cash conversion cycle and its profitability.Design/methodology/approachThe relation between the firm's cash conversion cycle and its profitability is examined using dynamic panel data analysis for a sample of Japanese firms for the period from 1990 to 2004. The analysis is
Haitham Nobanee, Modar Abdullatif
exaly   +2 more sources

The cash conversion cycle spread in China

Pacific-Basin Finance Journal, 2022
Xin Chen, Gaoping Zheng, Daniel Chai
exaly   +2 more sources

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