The primary objective of this paper is to evaluate the association between market value and cash flow ratio, and to understand how economic instability alters it. Because this relationship is cross-temporal and may change if other financial indicators are considered, we model this relationship via multiple functional linear regression. We conclude from our multiple sectors study that market val...

Results: The analysis finds that cash flow sensitivity is a valid measure of financial constraints in the Indian manufacturing sector. Results according to splitting criteria found that investment decisions of standalone firms are more sensitive to cash flow than group affiliated firms. Further, splitting the firms according to market capitalization and tangible net worth reveals a higher degre...

in recent years, information has become a major consideration in making financial decisions. in this paper there methods of project evaluation under inflationary conditions are descried and compared. the three methods are: i• gross profit per unit approach 2• current price each now 3• fixed price (real) cach flow in section ii of the paper different conditions under which all three approaches y...

This paper presents new evidence on international financial market integration using stock analyst earnings forecasts from 37 countries around the world. By examining cash flow and discount rate news co-movements, we find that the financial and economic aspects of global market integration have diverged over time as financial integration has developed particularly more rapidly than economic int...

This study aimed to test the effect of earnings and cash flow predict probability financial distress. examines seven years report investigate prediction ability flows distress in a longer period. uses manufacturing companies listed Indonesian Stock Exchange as sample. Earnings before taxes operating ratio data on 2012-2017 is used research causal descriptive method were analyzed with logistic r...

Detection of fraudulent financial stewardship in the cash flow section is an exciting thing and rarely studied. This research empirically tests discovery statements based on basic shenanigans. The sample this study amounted to 470 data mining companies Indonesia, Malaysia, China, Japan. analysis method used a positive approach. results show that all ratios can predict statements. Three shenanig...

We investigate the investment-cash flow sensitivity of a large sample of the UK listed firms and confirm that investment is strongly cash flow-sensitive. Is this suboptimal investment policy the result of agency problems when managers with high discretion overinvest, or of asymmetric information when managers owning equity are underinvesting if the market (erroneously) demands too high a risk p...