Managing the economic cash flow calculations
نویسندگان
چکیده
منابع مشابه
Managing a Firm's Cash Flow Recovery Strategy
Traditional cash flow estimation techniques focus on generating net cash flow estimates period-by-period, which are then discounted by the firm's cost of capital. While conceptually strong, this aggregation approach can be insensitive to the fine-grained detail so important to managing project cash flows, in particular, that investment returns are always a combination of growth (renewal) and de...
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Two separate strands of the literature on capital structure under asymmetric information consider the relationship between a firm's financial leverage and cash flow. Signalling theory suggests a positive relationship, while pecking order behavior implies a negative relationship. These contrasting theoretical implications appear contradictory. However, both are supported in different bodies of e...
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This paper analyzes the relationships among investment, , and cash flow in a tractable stochastic model in which marginal and average are identically equal. In the special, but widely used, case of quadratic adjustment costs, it derives an expression for that is in closed form, up to an additive constant. After analyzing the impact of changes in the distribution of the marginal operating...
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ژورنال
عنوان ژورنال: Studia Mundi - Economica
سال: 2015
ISSN: 2415-9395
DOI: 10.18531/studia.mundi.2015.02.02.93-106