Is the free cash flow hypothesis valid in Turkey? [PDF]
This study tests the validity of the free cash flow hypothesis in the context of firms traded on Borsa Istanbul. The study applies a panel regression to a data set composed of 1267 observations from 227 companies during the period 2008–2014.
Eyup Kadioglu, Ender Aykut Yilmaz
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FREE CASH FLOW AS PART OF VOLUNTARY REPORTING. LITERATURE REVIEW [PDF]
The present study has as main objective to reflect the state of literature regarding free cash flow, and to withdraw the main pro's and con's in order to create an objective image upon this indicator.
Negrea Laura Georgeta +2 more
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The Value Content of Different Free Cash Flow Models in Tehran Stock Exchange with Emphasis on Industry Type [PDF]
The purpose of this study is to identify a certain criterion of free cash flow that has the highest value content. To achieve this purpose, using a multiple regression model, 11 commonly used free cash flow models were tested to examine the value content,
Javad Hosseini +3 more
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This study focuses on a nonlinear approach in assessing the effect of free cash flow and managerial ownership on the agency cost of firms listed under the Consumer and Industrial Goods sector in the Nigerian Stock Exchange (NSE).
JIBRIL IBRAHIM YERO +3 more
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The Moderating Role of Establishing the Audit Committee and Auditor's Expertise in the Industry on the Relationship between Free Cash Flow and Real Earnings Management [PDF]
Objective: Previous research has shown that managers invest free cash flow in projects with the negative current value and use earnings management to hide the negative effects of such investments, especially when management oversight is weak manipulates ...
Maryam Nobakht, Younes Nobakht
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Enterprises with good long-term free cash flow data often have better prospects than enterprises with good net profit but unstable free cash flow for a long time, and free cash flow prediction is an important part of evaluating the enterprise value of an
Lin Zhu, Mingzhu Yan, Luyi Bai
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Corporate Governance And Relation between Free Cash Flow and Return [PDF]
Conflict of interests usually occurs between management and shareholders on dividend and more severely in firms with significant free cash flow. If free cash flow is invested efficiently, stock return will be increase.
gholamreza kordestani +2 more
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Growth Opportunities, Earning Permanence and the Valuation of Free Cash Flow [PDF]
Equity Valuation Theory prescribes that free cash flow should not be associated with stock returns because it does not add value. However, free cash flow could become a value-relevant construct in certain contexts.
Seyed Mojtaba Hoseini +3 more
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The Effect of Cash Distributions to Shareholders on Operational and Free Cash Flow Predictability [PDF]
This paper examines the effectiveness of cash distributions to shareholders on operational and free cash flow predictability. The Wilcoxon rank sum test has been used to compare the prediction errors and data from 123 firms listed in Tehran Stock ...
vida mojtahedzade +2 more
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the Effect of Free Cash Flow Agency Problem on Stock Returns Synchronicity and Financial Reporting Quality [PDF]
Financial reports are tools that transfer accounting information to users,particularly investors. When the reporting quality is poor, investors rely on industry and market-level information.
Shadi Jandaghyan, Shadi Jandaghyan
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