search query: @indexterm CASH FLOW / total: 488
reference: 139 / 488
| Author: | Ali, A. Pope, P. |
| Title: | The incremental information content of earnings, funds flow and cash flow: the UK evidence |
| Journal: | Journal of Business Finance and Accounting
1995 : JAN, VOL. 22:1, p. 19-34 |
| Index terms: | INFORMATION CASH FLOW EARNINGS |
| Language: | eng |
| Abstract: | This paper investigates the incremental information content of three accounting performance measures for UK firms: earnings, funds flow and cash flow. Based on tests of association using the most general specifications suggested by the recent literature incorporating time-varying parameters and a non-linear specification, a pattern of consistent results emerges. All three performance measures have explanatory power for returns individually and the response coefficients on their unexpected components are positive. |
SCIMA