Information problems and lack of collateral value should make R&D more susceptible to financing frictions than other investments, yet existing evidence on whether financing constraints limit R&D is decidedly mixed, particularly in studies of non-U.S. firms. We study a large sample of European firms and show that prior studies likely understate the impact of financing constraints on R&D because ...

the current study aims to review the cross sectional variation in cash flow asymmetric timeliness and its effect on conditional conservatism. in this study, data from 120 firms in tehran stock exchange for the period spanning 1384- 1390 were examined. the regression model used in this research is panel data method with fixed effects approach. the most common measure of conditional conservatism ...

cash flow forecasting is an indispensable tool for construction companies, and is essential for the survivalof any contractor at all stages of the work. the time available for a detailed pre-tender cash flow forecast is oftenlimited. therefore, contractors require simpler and quicker techniques which would enable them to forecast cash flowwith reasonable accuracy. forecasting s-curves in constr...

Capital expenditures by the top 100 firms make up more than 60% of aggregate investment by publicly traded firms and account for most of the variation in aggregate net fixed private nonresidential investment. Surprisingly, these firms have the highest investment-cash flow sensitivity in the economy, despite being the least financially constrained. Further, contrary to the trend among smaller fi...

The researcher in this study sought to establish the factors that affect cash flow manufacturing firms Kenya. was guided by following specific objectives,to how investments listed Nairobi stock exchange, find out inventory controls determine profitability exchange. used descriptive research design describe affecting A firm should be able generate enough flows from its operations. If a is not co...

Firms spend considerable efforts to build brand awareness and associations among consumers. Yet there is a limited understanding of the financial returns of such investments. In this article, the authors present a framework that uses trademarks as measures of firms’ branding efforts. They classify trademarks into two categories—brandidentification trademarks and brand-association trademarks—and...