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This paper presents the problem of working capital management, profitability and risk represented by working capital … the profitability and risk connected to the liquidity. On the other hand we can expect that the lower the working capital … level and hence the liquidity the higher the profitability and risk., The author decided to test companies listed on the …
Persistent link: https://www.econbiz.de/10010351209
explain how working capital management affects profitability of Serbian companies measured by ROA indicator. In order to … profitability and accounts receivable turnover in days (ART), accounts payable turnover in days (APT) and inventory turnover in days … in days (CCC) and profitability. The issue of working capital management has not been sufficiently examined in the …
Persistent link: https://www.econbiz.de/10013353040
More companies are disclosing free cash flow in their earnings announcements. Companies choose a range of definitions for disclosed free cash flow, none of which correspond to the theoretical definition. The most common definition (in 38% of free cash flow disclosures) is operating cash flow...
Persistent link: https://www.econbiz.de/10012852738
This monograph provides a thorough review of earnings quality issues and analysis. Its primary objectives are to help gain a deep understanding of earnings quality and facilitate the development of comprehensive, granular, and contextual earnings quality indicators and analyses. While there are...
Persistent link: https://www.econbiz.de/10013234184
We find evidence that performance — reflected in earnings and cash flows — is transferred from targets to acquirers around acquisitions. Using a sample of 2,128 completed deals from 1985-2010, our results suggest that targets depress performance when investor attention declines once the deal...
Persistent link: https://www.econbiz.de/10013037774
Deteriorating macroeconomic conditions and plans to move to a green economy such as the Green Deal are putting pressure on both internal and external stakeholders to create a liquidity cushion in the event of unexpected expenditures. However, when analyzing reported earnings, which may...
Persistent link: https://www.econbiz.de/10013407142
Persistent link: https://www.econbiz.de/10012221560
We analyse variations of carbon emissions in the European cement industry from 1990 to 2011, at the European level (EU 27), and at the national level for six major producers (Germany, France, Spain, United Kingdom, Italy and Poland). We apply a Log-Mean Divisia Index (LMDI) method, crossing data...
Persistent link: https://www.econbiz.de/10010404130
Namibia considers formal small-scale mining firms (FSSMFs) as an important part of the solution to the problems of high unemployment, poverty, and the diminishing role of large-scale mining firms facing the country. However, to be a solution FSSMFs must be profitable first. This paper examines...
Persistent link: https://www.econbiz.de/10014075425
class (weighted by book values) captures the project's economic profitability. Such a rate of return spans a space of …
Persistent link: https://www.econbiz.de/10013135472