This paper considers the relationship between cash flow and applied economics, then develops the effects of cash flow on economic growth.doi:10.1007/BF02295346Martin, Miguel-Angel GalindoPicazo, Maria-Teresa MendezAtlantic Economic SocietyInternational Advances in Economic Research...
Managers resist stockholders in this regard since they prefer to retain excess free cash flow in order to pursue personal interests and reduce the ... Cadenillas,Abel,Clark,... - 《B.e.journal of Theoretical Economics Contributions to Theoretical Economics》 被引量: 1发表: 2007年 METHODOLOGICAL...
How free cash flows affect over-investment for Chinese firms.How corporate governance affects over-investment or under-investment.Chinese firms' over-investment is excessively sensitive to current free cash flow.Chinese firms' corporate governance characteristics are associated with over-investment or under...
This article examines the role of operating cash flow in firm cash policies using an unbalanced panel of 988 Taiwanese firms. The main findings are as follows: (i) Both financially constrained and unconstrained firms display positive cas... YC Lin - 《Applied Financial Economics》 被引量: 172...
- 《Annals of the University of Petrosani Economics》 被引量: 1发表: 2009年 Does the Presentation Format of the Statement of Cash Flows Affect Analysts' Cash Flow Forecast There is a long-term debate over the direct method or indirect method to present the statement of cash flows. Statement...
:The article tests the hypothesis that the positive association between Free Cash Flow (FCF) and audit fees is stronger (weaker) for firms with low (high) levels of director equity ownership. FCF is defined as the excess of cash available to a firm after it has invested in all positive-ne...
If you can reduce the labor required to complete one sale, you increase your margin on every purchase, increasing the net effect on your cash flow. Author Brendan Tuytel Contributor Brendan Tuytel is a freelance writer, who writes content for BILL. He draws from his studies of economics ...
The direct method prepares the statement by listing all major cash inflows and outflows. This method is the most common cash flow statement used by companies. It presents a detailed and informative statement for internal and external financial statement users. The indirect cash flow method starts ...
Definition:Free Cash Flow (FCF) is a financial performance calculation that measures how much operating cash flows exceed capital expenditures. In other words, it measures how much available money a company has left over to pay back debt, pay investors, or grow the business after all the operat...
We investigate whether Jensen's free cash flow problem contributes to excess stock return synchronicity. We find that low-growth firms with high free cash flow have greater stock return synchronicity. These firms also engage in earnings management to lower their disclosure quality. To the extent tha...