Results 251 to 260 of about 5,333 (302)

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

, 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

The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context

Journal of Behavioral and Experimental Finance, 2020
This study investigates the aptitudes of the cash-based and accrual-based accounting data for predicting future cash flows from operations in the French context.
Helmi Hammami, A A Ousama, Rami Zeitun   +2 more
exaly   +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, Theodore E. Christensen   +1 more
openaire   +1 more source

Investigating the Predictive Power of Operating Income/Earnings vs. Cash Flows on Future Cash Flows [PDF]

The Financial Accounting Standards Board (FASB, 1978), as well as the International Accounting Standards Board (IASB, 2020), claim that accrual accounting methods provide investors with more useful information when making predictions about future cash flows, than do operating cash flows themselves.
Nilsson, Alexander, Printz, Alexander
openaire   +2 more sources

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
openaire   +1 more source

Analysts' Cash Flow Forecasts and the Predictive Ability and Pricing of Operating Cash Flows

SSRN Electronic Journal, 2008
I examine the association between analysts' cash flow forecasts and the predictive ability and pricing of operating cash flows. I argue that when analysts issue cash flow forecasts, they serve a monitoring role over the firm's reported cash flow information.
openaire   +1 more source

Misclassifying cash flows from operations: intentional or not?

International Journal of Accounting and Information Management, 2014
Purpose – The purpose of this paper is to investigate the accuracy and informational quality of the cash from operations section of the cash flow statement. Design/methodology/approach – This paper empirically tested the accuracy of the cash from operations ...
Karen Lightstone, Karrilyn Wilcox, Louis Beaubien   +2 more
openaire   +1 more source

The relative information content of operating and financing cash flow in the proposed cash flow statement

Accounting & Finance, 2010
AbstractThis study compares the relative information content of the new specifications of operating and financing cash flow as proposed jointly by the IASB and the FASB with the specifications in SFAS No. 95. A unique feature of the study is the use of the Siegel and Biddle (1994) test of relative information content.
openaire   +1 more source