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konsequente, wertorientierte Ausrichtung aller Unternehmensteile und -aktivit?ten. Das Risikomanagement, welches stets im Rahmen … Risikomanagement am Beschaffungsmarkt bei Rohstoffen, dem Ertrags- und Risikomanagement am Absatzmarkt bei Kundenbeziehungen und dem … Ertrags- und Risikomanagement am Finanzmarkt bei Investmentfonds werden dabei drei ausgew?hlte Themenbereiche herausgegriffen. …
Persistent link: https://www.econbiz.de/10009482328
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
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
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
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
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
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 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 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
Pinigų srautų prognozavimui taikomi skirtingi matematiniai metodai. Literatūroje siūloma pagrindinės veiklos pinigų srautus prognozuoti pagal įmonių istorinius finansinius duomenis regresinės analizės būdu. Darbe analizuojamos galimybės šį metodą pritaikyti prognozuojant Lietuvos...
Persistent link: https://www.econbiz.de/10009478218