Yohmad, Saranya (2012) Are Cash Flows From Operations and Earnings Able to Forecast Future Cash Flows? Evidence from Thailand. Masters thesis, Universiti Utara Malaysia.
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Abstract
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.
Item Type: | Thesis (Masters) |
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Supervisor : | UNSPECIFIED |
Item ID: | 3185 |
Subjects: | H Social Sciences > HG Finance |
Divisions: | Othman Yeop Abdullah Graduate School of Business |
Date Deposited: | 19 Mar 2013 04:38 |
Last Modified: | 20 Apr 2016 08:40 |
Department: | Othman Yeop Abdullah Graduate School of Business |
URI: | https://etd.uum.edu.my/id/eprint/3185 |