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CASH FLOW MANAGEMENT: AN EXAMINATION OF ROUNDING PHENOMENON IN OPERATING CASH FLOWS
This study investigates whether firms round up their operating cash flows and whether this behavior is more prevalent in firms listed in the OTC market compared to those listed in the three major US stock exchanges. Using Benford's law, we find that firms listed in the three major stock exchanges round up earnings but not operating cash flows. However,openaire +1 more source
TRADITIONAL VERSUS OPERATING CASH FLOW IN FAILURE PREDICTION
Journal of Business Finance & Accounting, 1994Prior empirical evidence shows that accrual and cash based flow ratios (traditional and operating cash flows) refer to different financial dimensions. This leads to different predictive abilities in failure prediction. The purpose of this study is to analyse the behaviour of failing and nonfailing firms in terms of accruals and deferrals (adjustment ...
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Operating cash flow and creditworthiness assessment
2014Despite the fact that financial distress often occurs because of liquidity problems, most of the models for predicting business failure neglect the informational role of operating cash flow. The aim of this research is to test whether cash flow ratios can improve firm assessment and better predict financial distress.
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Combination of Momentum and Operating Cash Flow Strategies
2010In section 2.4, I have discussed the potentials of combining technical and fundamental trading. In the following, I empirically implement, test, and analyze a combination trading strategy. This combination strategy combines the technical price momentum strategy presented in section 2.2.2 and the fundamental operating cash flow strategy illustrated in ...
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Do Firms Round Up Operating Cash Flows?
Journal of Accounting and Finance, 2023openaire +1 more source
Estimated Operating Cash Flow, Reported Cash Flow From Operating Activities, and Financial Distress
2006Terry J. Ward +2 more
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Polymer Electrolyte Membranes for Vanadium Redox Flow Batteries: Fundamentals and Applications
Progress in Energy and Combustion Science, 2021Xingyi Shi +2 more
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