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Negative operating cash flows and investment inefficiency

Managerial Finance, 2021
PurposeThe purpose of this paper is to identify whether negative operating cash flows are related to investment inefficiency, and specifically whether they are related to subsequent overinvestment and if this relationship is driven by agency problems within the firm.Design/methodology/approachThe study conducts fixed effect regressions, testing the ...
Zhe Li
exaly   +2 more sources

Operating cash flows asymmetric timeliness in Australia

open access: yes, 2016
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.
Yimeng Yu (11947607)
openaire   +2 more sources

Comparing US-GAAP and Iran-GAAP operating cash flows to predict future cash flows

Journal of Financial Reporting and Accounting, 2015
Purpose – The main objective of this paper is to compare the ability of US-generally accepted accounting principles (GAAP) operating cash flows versus Iran-GAAP operating cash flows in predicting future cash flows.
exaly   +2 more sources

The Quality of Street Cash Flow from Operations

SSRN Electronic Journal, 2012
We provide empirical evidence on the quality of street cash flow from operations (CFO) as an alternative financial performance summary measure. We focus our investigation on the quality of the items analysts exclude in their determination of street CFO. Based on a sample of 8,518 firm-year observations over the 1993-2008 period, we find that the street
Nerissa C. Brown   +1 more
openaire   +1 more source

The Effect of Gross Profit, Operating Profit, and Operating Cash Flow on Future Cash Flow

Journal of Applied Accounting and Taxation Research (JAATR)
This study analyzes the effect of gross profit, operating profit, and operating cash flow on predicting future cash flow in property and real estate companies listed on the Indonesia Stock Exchange (IDX) from 2018 to 2022. This causal associative research employed a quantitative approach, utilizing secondary data from income statements and cash flow ...
null Syffa Rizki Triwulandari   +2 more
openaire   +1 more source

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