For young and innovative firms, which have very limited earnings and low credibility, equity may be essential for improving financial soundness and company's development. Initial public offering builds the possibility to access the equity and moreover may has positive promotion effects. The aim...

The paper examines the development of financial performance of Czech subsidiaries under the control of EU-listed companies during the period 2009-2014. Summary statistics of individual corporate data indicate that both the domicile of the parent and the industry affiliation of the subsidiary...

As it is known, the statement of cash flows is a crucial part of financial reporting. And cash flow ratios have provoked the attention of practitioners and academic researchers to use to evaluate the performance of a company. This study examines, over the 3-year period (2012-2014), the liquidity...