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...

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...

This paper presents the main issues of financial microeconometrics. This field can be considered as a part of financial econometrics, while usually not exposed as such. Typical domains of the methodology of financial microeconometrics include research in empirical corporate finance and applied...