Are Cash Flows From Operations and Earnings Able to Forecast Future Cash Flows? Evidence from Thailand

Are Cash Flows From Operations and Earnings Able to Forecast Future Cash Flows? Evidence from Thailand

This study aimed to test the predictive ability of cash flows from operations and earnings as reported in the statement of cash flows and statement of comprehensive income respectively, in forecasting future cash flows based on data selection from 627 companies on Stock Exchange of Thailand for the...

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Main Author: Yohmad, Saranya
Format: Thesis
Language:eng
eng
Published: 2012
Subjects:
HG Finance
Online Access:https://etd.uum.edu.my/3185/1/SARANYA_YOHMAD.pdf
https://etd.uum.edu.my/3185/4/SARANYA_YOHMAD.pdf
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id my-uum-etd.3185
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
topic HG Finance
spellingShingle HG Finance
Yohmad, Saranya
Are Cash Flows From Operations and Earnings Able to Forecast Future Cash Flows? Evidence from Thailand
description This study aimed to test the predictive ability of cash flows from operations and earnings as reported in the statement of cash flows and statement of comprehensive income respectively, in forecasting future cash flows based on data selection from 627 companies on Stock Exchange of Thailand for the period from 1994 to 2009. The ordinary least square (OLS) regression was used to test the hypotheses in the study. The regression result of this study shows that cash flows from operations have a relationship with future cash flows. It also shows that earnings have the predictive ability for future cash flows.
format Thesis
qualification_name masters
qualification_level Master's degree
author Yohmad, Saranya
author_facet Yohmad, Saranya
author_sort Yohmad, Saranya
title Are Cash Flows From Operations and Earnings Able to Forecast Future Cash Flows? Evidence from Thailand
title_short Are Cash Flows From Operations and Earnings Able to Forecast Future Cash Flows? Evidence from Thailand
title_full Are Cash Flows From Operations and Earnings Able to Forecast Future Cash Flows? Evidence from Thailand
title_fullStr Are Cash Flows From Operations and Earnings Able to Forecast Future Cash Flows? Evidence from Thailand
title_full_unstemmed Are Cash Flows From Operations and Earnings Able to Forecast Future Cash Flows? Evidence from Thailand
title_sort are cash flows from operations and earnings able to forecast future cash flows? evidence from thailand
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2012
url https://etd.uum.edu.my/3185/1/SARANYA_YOHMAD.pdf
https://etd.uum.edu.my/3185/4/SARANYA_YOHMAD.pdf
_version_ 1747827516833267712
spelling my-uum-etd.31852016-04-20T08:40:00Z Are Cash Flows From Operations and Earnings Able to Forecast Future Cash Flows? Evidence from Thailand 2012-06-21 Yohmad, Saranya Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance This study aimed to test the predictive ability of cash flows from operations and earnings as reported in the statement of cash flows and statement of comprehensive income respectively, in forecasting future cash flows based on data selection from 627 companies on Stock Exchange of Thailand for the period from 1994 to 2009. The ordinary least square (OLS) regression was used to test the hypotheses in the study. The regression result of this study shows that cash flows from operations have a relationship with future cash flows. It also shows that earnings have the predictive ability for future cash flows. 2012-06 Thesis https://etd.uum.edu.my/3185/ https://etd.uum.edu.my/3185/1/SARANYA_YOHMAD.pdf text eng validuser https://etd.uum.edu.my/3185/4/SARANYA_YOHMAD.pdf text eng public masters masters Universiti Utara Malaysia Al Attar,A. & Hussain,S. (2004).Corporate Data and Future Cash Flows. Journal of Business Finance & Accounting, 31(7-8),p.861-903. Almeida,H., Campello,M. & Weusbach,M.S. (2004). The Cash Flow Sensitivity of Cash. The Journal of Finance, 59(4),p. 1777-1804. Aroonvuthipong,S. (2009). Thai Accounting Standard has been Updated 2009: Thai GAAP and IFRS. Retrieved May 13, 2010 from www.christian.ac.th Arthur,N., Cheng,M., & Czernkowski,R.M.J.(2007). The persistence of cash flow components into future earnings, University of Sydney Working Paper. Arthur,N., Cheng,M., & Czernkowski,R.M.J. (2010).Cash Flow disaggregation and the Prediction of Future Earnings. Accounting and Finance, 50(1),p.1-30. 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