Flexibility in Cash Flow Classification Under IFRS: Determinants and Consequences

EOQ Model with Cash Flow Oriented and Quantity Dependent Under Trade Credits (TECHNICAL NOTE)

Inventory models in which the demand rate dependents on the stock- dependent are based on the common real- life observation that greater product availability tends to stimulate more sales. In this study we develop an inventory model to determine an optimal ordering policy for quantity dependent demand rate and time dependent holding cost items with delay in payments permitted by the supplier un...

Financial Flexibility and Corporate Cash Policy

Using variations in local real estate prices as exogenous shocks to corporate financing capacity, we investigate the causal effects of financial flexibility on cash policies of US firms. Building on this natural experiment, we find strong evidence that increases in real estate values lead to smaller corporate cash reserves, declines in the marginal value of cash holdings, and lower cash flow se...

Agency Cost under the Restriction of Free Cash Flow

Agency cost theory is an important branch of capital structural theory. Free cash flow has significant impact on agency cost. The combination of research on these two fields would help to build and extend the theoretical system. Based on agency cost theory, the present study firstly categorized the characteristics of free cash flow as well as the statistical methodologies. Furthermore, the exis...

Determinants of Corporate Cash Holdings

The paper explores the driving forces behind corporate cash holdings by analyzing past literature and extending this research to the behavior of firms after the 2008 recession. I look at the cash to assets and net debt to assets ratios from October 1980 to October 2011 to obtain an understanding of the past and current state of cash holdings. A comprehensive literature review is done on agency ...

FERTILITY AND THE BOLSA FAMÍLIA PROGRAM: DEMOGRAPHIC DETERMINANTS UNDER CONDITIONAL CASH TRANSFERS IN BRAZIL by