Earnings and cash flow persistence: Case of medium agriculture enterprises in Serbia

This paper examines the earnings and cash flow persistence of selected agriculture Serbian enterprises as a measure their quality. We study income statements statement items medium-sized in Serbia. Agriculture is relevant sector for national economy are main drivers her economic growth. use panel regression analysis with annual data over period from 2010 to 2018. The results our research indicate that flow-based indicators have different persistence. Analysing accruals net flows operating activities determinants profit analysed enterprises, we conclude represents more persistent than backed by flows.