This study examines empirical relationships of earnings, accruals, and cash flows for the U.S. food supply chain sector (i.e., agribusiness) and compares them with results for the complete U.S. market. In addition, we evaluate earnings before interest, taxes, depreciation, and amortization...

A survey of textbooks from agricultural economics and finance reveals agreement among the texts that the lease versus purchase decision should be based on a comparison of the present values of the after‐tax cash flows associated with leasing versus purchasing. However, the texts disagree about...

In a recent US study, Lev and Zarowin (1999) documented a steady decline in the value relevance of financial statements over a twenty year period. They attribute this decline, in part, to the inadequate financial reporting of intangibles, and particularly US accounting requirements for the...

This paper investigates twenty financial ratios to develop a local financial failures prediction model. The study covers the period of 1993‐2001. We used mean and comparison of difference to the data set of fiveyears before the failures to identify the most superlative ratios. From these...

Many models are in existence that use publicly available company accounting data to construct and weight financial ratios that when aggregated comprise a “ z ‐score”. This score is used to classify companies as going concerns or bankrupt concerns. These models have generally been very...

This study presents theoretical and empirical analyses to suggest a previously‐unknown size‐related contingency in the relationship between market variables and various commonly‐used financial ratios, including Net Income/Total Assets, Current Assets/Sales, Current Assets/Current...

Even though most previous research studies suggest that the relationship between common financial ratios and stock returns is linear, recent studies by Mramor and Mramor‐Kosta (1997), and Mramor and Pahor (1998) show that such a linear relationship might not generally exist. In this study, we...

The aim of this paper is to use a new approach of performance evaluation, grey relation analysis (GRA), which is a concept borrowed from the study of industry and is increasingly applied to commerce. GRA is used to evaluate the relative performance of three of Australia's major banks The result...

Reports on a study conducted to examine the factor structure of the occupational personality questionnaire (OPQ) on two independent samples of 1,000 participants (2,000 for the study in total) drawn from the general population of Great Britain. The results suggest that there may be too many...