Tidak diragukan lagi, setiap investor ingin melihat laba atas investasi mereka, dan idealnya, itu akan konsisten tidak berubah-ubah. Perusahaan dapat memotivasi pemegang saham untuk berinvestasi kembali dalam bisnis dengan mengubah kebijakan dividen, yang berdampak pada pertumbuhan profitabilitas perusahaan. Rasio terhadap arus kas bebas merupakan indikator utama kesehatan keuangan Peneliti ter...

The features are investigated, systematized, and reserves for improving the process of calculating analyzing free cash flow identified. sources information have been clarified, a new indicator assessing effectiveness management – economic return on assets - has recommended

the purpose of this study is to investigate the relationship between free cash flows and stock return considering managers' myopia. two hypotheses have been designed and tested, selecting 96 firms from accepted companies in the tehran stock exchange for six-year period from 2005 to 2010 and using stock return for three years ahead (to 2012). the results show that free cash flows are negati...

This paper reformulates the classical problem of cash flow valuation under stochastic discount factors into a system of linear equations with random perturbations. Using convergence results, a sequence of uniform approximations is developed. The new formulation leads to a general framework for deriving approximate statistics of cash flows for a broad class of models of stochastic interest rate ...

Stock Liquidity and Corporate Cash Holdings: Feedback and the Cash as Ammunition Hypothesis We advance the feedback/cash as ammunition hypothesis, namely that firms hold cash to address feedback from stock prices to cash flows and growth opportunities. Firms with more liquid stocks are expected to hold more cash, the opposite of the prediction from a standard information asymmetry perspective o...