This paper proposes the use of the Cash Flow from Operations (CFO) obtained from Cash Flow Statement (CFS) as a factor with significant impact on the financial structure of the Spanish firms in a period (2008-2012) that was characterized by dificulties in business finance. In the previous...

This paper proposes the use of the Cash Flow from Operations (CFO) obtained from Cash Flow Statement (CFS) as a factor with significant impact on the financial structure of the Spanish firms in a period (2008-2012) that was characterized by dificulties in business finance. In the previous...

The degree of crisis propagation on firms can be determined according to operational and financial results. This research studies how 88 private, non-financial Mexican firms suffered and recovered from the 1994 economic crisis. Results show that the periods and degree of deterioration and...