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...

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...

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...

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...

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...

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...

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...

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...