Core earnings: New data and evidence

E Rouen, EC So, CCY Wang - Journal of Financial Economics, 2021 - Elsevier
Using a novel dataset, we show that components of firms' GAAP earnings stemming from
ancillary business activities or transitory shocks are significant in frequency and magnitude …

[PDF][PDF] Earnings or cash flows: Which is a better predictor of future cash flows

S Nallareddy, M Sethuraman, M Venkatachalam - Available at SSRN, 2018 - hbs.edu
We reexamine the relative ability of earnings and cash flows in predicting future cash flows
to achieve two objectives:(1) reconcile the mixed evidence in the prior literature,(2) …

Two minds of credit professionals: accrual vs. cash accounting information

H Seppänen, T Teinilä - International Journal of Managerial …, 2022 - inderscienceonline.com
To explore in what ways and what elements of financial statement information is important
for credit practitioners, we employ a survey method to obtain new evidence. We ask if there …

[PDF][PDF] Does cash flows useful in predicting the company's financial health? Empirical validation by panel cointegration tests

C Mouelhi - J Financ Invest Anal, 2021 - scienpress.com
The aim of this article is to test the usefulness of cash flows as a measure of companies'
financial health. Our approach is different from the previous studies which have animated …