This paper documents the short and long term balance sheet effect of cash flows. We show that cash savings in the short run and debt reduction in both the short and the long run account for a substantial fraction of cash flow use. Although, in the long run, investment exhibits substantial sensitivity to cash flows, investment does not absorb the entire cash flow shock. In fact, the tighter the ...

This paper will analyze capital rationing on Tambura Insert PCP, which is currently in preparation. To prolong field production time, the company needs to find a most profitable method produce oil gas has no artificial list infrastructure installed. One of possible options using Progressive Cavity Pump or PCP well lift from down hole surface. driven by surface motor installed at wellhead, above...

A major impact on both financial theory and the practice of financial decision making has been the economic instability, especially in prices, evidenced in the U.S. economy since the mid 1960’s. Inflation in the past few years has not been a major macro economic problem, but its spectere, as demonstrated by the Fed’s recent increases in interest rates, is never for the agendas of financial deci...

Construction projects are complex and risky. According to the literature, even profitable construction companies can fail due to poor cash flow. In order to survive in this rapidly changing environment, effective cash flow management is essential. Many unforeseen factors affect a construction project’s cash flow. The objective of the research presented in this paper is to examine the impact of ...

Effective project management requires reliable knowledge of cash required in different stages of project life cycle. Getting this knowledge is highly dependent on sophisticated consideration of project environment. Nature of projects and their environments are associated with uncertain conditions. In this paper, a new project cash flow assessment method based on project scheduling is proposed t...

Integrated aquaculture is an efficient method to address food scarcity and land resources. This study analysed the impacts of integrated rice–prawn–vegetable farms (RPVF) compared with conventional rice (CRF) on farming households in southwest Bangladesh, terms cropping pattern, financial profitability viability, cash-flow. Data were collected through face-to-face recall interviews from farmers...

In this article, we describe the construction and implementation of a pricing model for a leading UK mortgage lender. The crisis in mortgage lending has highlighted the importance of incorporating default risk into such pricing decisions by mortgage lenders. In this case the underlying default model is based on survival analysis, which allows the estimation of month-to-month default probabiliti...

the current study aims to review the cross sectional variation in cash flow asymmetric timeliness and its effect on conditional conservatism. in this study, data from 120 firms in tehran stock exchange for the period spanning 1384- 1390 were examined. the regression model used in this research is panel data method with fixed effects approach. the most common measure of conditional conservatism ...

We study the unconstrained project scheduling problem with discounted cash flows where the net cash flows are assumed to be linear dependent on the completion times of the corresponding activities. The objective is to schedule the activities in order to maximize the net present value (npv) subject to the precedence constraints and a fixed deadline. We present an efficient enumeration algorithm ...