Discounted cash flow valuation methods: Examples of perpetuities, constant growth and general case [PDF]
This paper explores the discounted cash flow valuation methods. We start the paper with the simplest case: no-growth, perpetual-life companies. Then we will study the continuous growth case and, finally, the general case.
Fernandez, Pablo
core
ANALISIS PENGARUH SURPLUS ARUS KAS BEBAS DAN KUALITAS AUDIT TERHADAP MANAJEMEN LABA (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia) [PDF]
, 2017 The purpose of this study is to examine the effect of surplus free cash flow, audit quality, and the intercation between surplus free cash flow and audit quality on earnings management.
SYAFRUDDIN, Muchamad, YUDHA, Sandhi
core
Hidden Markov graphical models with state‐dependent generalized hyperbolic distributions
Canadian Journal of Statistics, EarlyView.Abstract In this article, we develop a novel hidden Markov graphical model to investigate time‐varying interconnectedness between different financial markets. To identify conditional correlation structures under varying market conditions and accommodate shape features embedded in financial time series, we rely upon the generalized hyperbolic family of ...
Beatrice Foroni +2 more
wiley +1 more source
Free Cash Flow Is At Least as Important as Profit in Assessing a Farm Firm [PDF]
This paper suggests that most small agribusinesses can use a short cut to see how their firms are doing financially. The short cut requires that they calculate and follow (1) profit and (2) free cash flow. Both are defined and clarified.
van Blokland, P.J.
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The role of Audit Quality and Cultural Influence on Earnings Management in Companies with Excessive Free Cash Flow: Evidence from Tehran Stock Exchange [PDF]
پژوهشهای حسابداری و حسابرسی عملیاتی و عملکرد, 2019 The role of Audit Quality and Cultural Influence on Earnings Management in Companies with Excessive Free Cash Flow: Evidence from Tehran Stock Exchange this study examines the impact of audit culture and quality on managers' decisions regarding accrual ...
Farzaneh Yousefiasl, atefeh yarijani
doaj
Canadian Journal of Statistics, EarlyView.Abstract We analyze the effect of regulatory capital constraints on financial stability in a large homogeneous banking system using a mean‐field game (MFG) model. Each bank holds cash and a tradable risky asset. Banks choose absolutely continuous trading rates in order to maximize expected terminal equity, with trades subject to transaction costs ...
Rüdiger Frey, Theresa Traxler
wiley +1 more source
Annual Reports to the ESA Council ESA 110th Annual Meeting July, 2025
The Bulletin of the Ecological Society of America, EarlyView.
wiley +1 more source
Purpose and Profit: Social and Environmental Marketing for Large Companies in Adverse Scenarios
Corporate Social Responsibility and Environmental Management, EarlyView.ABSTRACT This qualitative study explored how large companies use social and environmental marketing to boost results in adverse scenarios, analyzing interviews with marketing managers and public documents. The findings reveal distinct strategies. To attract investors, environmental, social, and governance (ESG) communication is targeted at limited ...
Celso Jacubavicius +4 more
wiley +1 more source
Is Investment-Cash Flow Sensitivity Caused by the Agency Costs or Asymmetric Information? Evidence from the UK [PDF]
We investigate the investment-cash flow sensitivity of a large sample of the UK listed firms and confirm that investment is strongly cash flow-sensitive.Is this suboptimal investment policy the result of agency problems when managers with high discretion
Pawlina, G., Renneboog, L.D.R.
core +1 more source
Analisis Saldo Kas yang Dibutuhkan Perusahaan Berdasarkan Free Cash Flow (suatu Studi pada 12 Perusahaan Skala Usaha Kecil dan Menengah di Bandung dan Jakarta) [PDF]
, 2012 Setiap Perusahaan dikelola dengan sebaik mungkin untuk menghasilkan laba yang optimum bagi pemiliknya. Salah satu factor yang mempengaruhi laba Perusahaan adalah pengelolaan Kas, terutama jumlah Kas yang terdapat pada Neraca Perusahaan.
Manurung, E. T. (Elizabeth) +3 more
core +1 more source