Results 161 to 170 of about 353,765 (212)

Operating Cash Flows and Earnings Target Revision

SSRN Electronic Journal, 2020
We examine the extent to which current operating cash flows are incorporated in future earnings targets in executive compensation. Using target and actual compensation earnings per share (EPS) disclosed in proxy statements for large U.S. public companies, we find that revision of the following year’s EPS target is unrelated to current operating cash ...
Wei Zhu, Yue Laura Li, Shuyang Wang
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Operating cash flow asymmetric timeliness in Australia

Accounting & Finance, 2018
AbstractOperating cash flow (CFO) asymmetric timeliness occurs when CFO reflects bad news more quickly than good news. We examine the presence and determinants of CFO asymmetric timeliness in Australia, where substantial differences in reporting requirements of cash flow components, in characteristics of listed companies and in the degree of ...
Meiting Lu, Yaowen Shan, Sue Wright, Yimeng Yu   +3 more
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Operating cash flows asymmetric timeliness in Australia

2022
This thesis is the first study in Australia that examines the presence and determinants of operating cash flows asymmetric timeliness. Several explanations for cash flows asymmetry documented in the US studies are tested, including product pricing, cost stickiness and firm's life cycle.
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Aspects Concerning on Operative Cash-Flow Planning [PDF]

Annals of University of Petroşani, 2007
Most managers after viewing the financial reports received from the accounting department ask one question “Where is the money?”. Mostly they ask this question because the trial balance shows profit while most firms in Romania struggle in money slumps.
Vasile Popeangă, Teodora Vătuiu
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Unusual operating cash flows and stock returns

Journal of Accounting and Public Policy, 2008
The current financial reporting of cash flows from operations does not present individual sources of these cash flows, making it difficult for investors to assess a firm’s future performance. I hand-collect individual cash flows from unusual operations and examine their characteristics for predicting future cash flows. The results show that the unusual
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Do core and non-core cash flows from operations persist differentially in predicting future cash flows?

Review of Quantitative Finance and Accounting, 2004
This study investigates the persistence of cash flow components (core and non-core cash flows) using a cash flow prediction model. By extending the Barth, Cram, and Nelson (Account Rev 76(January):27–58, 2001) model, we examine the role of cash flow components in predicting future cash flows beyond that of accrual components.
Dana Hollie, C.S. Agnes Cheng
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Net Trade Cycle And Operating Cash Flow

Qatar Foundation Annual Research Conference Proceedings Volume 2014 Issue 1, 2014
This paper examines the relation between the net trade cycle as a measure of the efficiency of working capital management and operating cash flow of firms listed in the main US stock markets. The relationship is examined using dynamic panel data analysis. The analysis based on a sample of 5802 U.S. non-financial firms.
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Predicting Future Cash Flow from Operations: Australian Evidence

SSRN Electronic Journal, 2007
This paper investigates which accounting variable has superior predictive ability for future cash flow: current cash flow from operations, or current earnings. The question is examined in an Australian context for the years 1995 to 2005, on a sample of 350 firms. The question is also examined by industry for the same firms. In most U.S.
Yuqi Zhao, Garry Hobbes, Sue Wright
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Estimating Sustainable Normalized Operating Free Cash Flow

SSRN Electronic Journal, 2016
This note discusses the choices involved in estimating sustainable normalized operating free cash flow, which is the single most important driver of enterprise value. Being able to make a well-justified estimate of sustainable free cash flow is a basic skill in enterprise valuation. Heinz in 2012 and BP in 2016 are used as illustrations.
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Value relevance of banks' cash flows from operations

Advances in Accounting, 2017
Abstract This study examines the value relevance of banks' cash flows from operations. While banks are required to provide statements of cash flows under Generally Accepted Accounting Principles (GAAP), banks have long argued that cash flow information is not useful for the banking industry.
Qing L. Burke, Matthew M. Wieland
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