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The determinants of financial ratio disclosures and quality: Australian evidence

Aripin, Norhani - 2010

This thesis seeks to explain the extent and quality of financial ratio disclosures within the 2007 annual reports of 300 Australian listed firms. Agency theory is utilised as the underlying theoretical framework. The extent of financial ratio disclosures (EFRD) is captured through a 43-item...

Persistent link: https://www.econbiz.de/10009434870

The Usefulness of Economic Value-Added (EVA®) and its Components in the Australian Context

Worthington, Andrew C.; West, Tracey A. - 2001

In this study, pooled time-series, cross-sectional data on 110 Australian companies over the period 1992-1998 is employed to examine whether EVA® is more highly associated with stock returns than conventional accounting-based measures: namely, earnings before extraordinary items, net cash flow...

Persistent link: https://www.econbiz.de/10009437468

An in-depth literary study of Tobin's Q ratio, free cash flow and the relationship that exists between Q and free cash flow

Van Eeden, Johannes Gerhardus - 2009

ENGLISH ABSTRACT: Tobin's q value is widely used by financial analysts as a performance indicator ratio. The market value of a firm over the replacement cost of fixed assets and inventory serves as an indication of whether value is created by investing internally in the firm, or whether value is...

Persistent link: https://www.econbiz.de/10009442060

The chicken or the egg? Cash flow or earnings : is one a predictor of the other?

Bezuidenhout, Annelise - 2007

AFRIKAANSE OPSOMMING: Verskeie navorsingsprojekte is oor die jare gedoen ten opsigte van die voorspellingsmoontlikhede van kontantvloei en winste, met teenstrydige resultate. Daar is egter weinig navorsing gedoen oor die verhouding wat tussen winste en kontantvloei bestaan. Hierdie...

Persistent link: https://www.econbiz.de/10009442203

On comparing cash flow and accrual accounting models for use in equity valuation: A response to Lundholm and O'Keefe (CAR, Summer, 2001)

Penman, Stephen H. - 2001

A claim is commonly made that cash flow and accrual accounting methods for valuing equities must always yield equivalent valuations. A recent paper by Lundholm and O'Keefe (2001), for example, claims that, because of this equivalence, there is nothing to be learned from empirical comparison of...

Persistent link: https://www.econbiz.de/10009447908

Cash Holdings of Hotel Firms: The Financial Constraints Perspective

Koh, Jung Hwan; Jang, SooCheong - 2011

Financial literature of cash or liquidity management has recently focused on the role of financial constraints on firms’ liquidity decision. Even though the accessibility to capital market is considered as one of major topics in hotel firms’ financial management considering high usage of...

Persistent link: https://www.econbiz.de/10009468107

Cash flows and accrual accounting in predicting future cash flows of Thai listed companies

Chotkunakitti, Porntip - 2005

Cash flow prediction is involved in a number of economic decisions, particularly in investment. Previous research conducted in the United States has provided inconsistency in the results of investigating accounting data, cash flow and accrual accounting data in predicting future cash flows. No...

Persistent link: https://www.econbiz.de/10009475237

Three essays on stock market seasonality

Choi, Hyung-Suk - 2008

Three Essays on Stock Market SeasonalityHyung-Suk Choi136 pagesDirected by Dr. Cheol S. EunIn chapter 1, we examine seasonality in returns to style portfolios, which serve as important benchmarks for asset allocation, and investigate its implications for investment. In doing so, we consider...

Persistent link: https://www.econbiz.de/10009475790

Įmonės pagrindinės veiklos pinigų srautų prognozavimas

Kanapickienė, Rasatestas; Šlekienė, Vaida - 2008

forecast cash flow from primary activities in Lithuanian companies by the means of regression analysis. Different mathematical … methods are applied to forecast cash flow. Cash flow forecasts are often introduced in the project of the enterprise budget …. Some scientific sources state that it is possible to forecast cash flow from primary activities of an enterprise according …

Persistent link: https://www.econbiz.de/10009478218

Certain aspects of working capital in a construction company

Meszek, Wieslawtestas; Polewski, Marcin - 2006

Šiame straipsnyje, nagrinėjant finansinius rodiklius, analizuojamas pasirinktų statybos įmonių apyvartinio kapitalo formavimas ir jo valdymo strategijos. Atlikta finansinių rodiklių analizė. Daroma išvada, jog kompleksiniam apyvartiniam kapitalui valdyti turi būti sukurta kontrolės...

Persistent link: https://www.econbiz.de/10009478847