Service firms seek customers with high revenues, profits, or lifetime value. However, they frequently ignore variations in consumption that lead to cash flow variability and adversely influence service operations and financial performance. This study shows that variation in individual customers’ consumption or spending on services can be decreased in ways that are actionable by most managers, w...

The purpose of this paper is to investigate the causes and consequence of cash flow sensitivity. While cash flow has been regarded as an agency problem, empirical investigations in context of managerial conservatism or optimizing behavior are limited. In this paper we investigate two key aspects of cash flow sensitivity: whether cash flow sensitivity causes variations in fixed asset investments...

This study aims to empirically prove the effect of free cash flow, institutional leadership, managerial leadership and company growth on debt policy in property real estate building construction sector companies listed Indonesia Stock Exchange 2017-2019. The sample used is 24 with a total population 72. method this quantitative purposive sampling technique. data analysis by author Descriptive S...

We integrate a widely accepted version of the separation of ownership and control Jensen’s (1986) free cash flow theory into a dynamic equilibrium model and study the effect of imperfect corporate control on asset prices and investment. Aggregate free cash flow of the corporate sector is an important state variable in explaining asset prices, investment, and the cyclical behavior of interest ra...

This paper introduces an axiom of excess invariance for risk measures, meaning insensitivity to the amount by which a portfolio’s value exceeds a benchmark. The paper also introduces the class of shortfall risk measures, which are excess-invariant as well as normalized, non-negative, and monotone non-increasing. Shortfall risk measures are suitable for regulatory or risk management applications...

Project managers normally are facing with difficulties behind management of project cash flow, which requires distinguished methods and appropriate tools to manage negative cash flows. Cash-Flow-at-Risk (CFaR) model is an efficient approach to predict cash flow trend. In this study, all risk factors affecting project management environment have incorporated to predict an accurate project cash f...

In order to improve the accuracy of all kinds of information in the cash business and enhance the linkage between cash inventory forecasting and cash management information in the commercial bank, the first moving average prediction method, the second moving average prediction method, the first exponential smoothing prediction and the second exponential smoothing prediction methods are adopted ...

Many models have been developed to assist contractors and clients in their cash flow forecasting. The majority of these have been based on standard cash flow S-curves, developed using the traditional manual approach, mathematical and statistical models. Many of these models failed to consider and analyse the factors responsible for the considerable variations in the modelled cash flow profiles....

The purpose of this study was to determine the factors that influence dividend policy. This examines effect leverage as measured by Debt Equity Ratio, free cash flow, and collateralizable assets on policy Dividend Payout Ratio. type research used is quantitative research, population in non-cyclical consumer companies are members ISSI for 2016-2020 period. Obtained many 16 meet criteria be sampl...