English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 54912/89265 (62%)
造訪人次 : 10600934      線上人數 : 34
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜尋範圍 查詢小技巧:
  • 您可在西文檢索詞彙前後加上"雙引號",以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋,建議至進階搜尋限定作者欄位,可獲得較完整資料
  • 進階搜尋
    請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/115186


    題名: Cash flow statements and firm value : Evidence from Taiwan
    作者: Yensen Ni;Paoyu Huang;Pinhui Chiang;Yulu Liao
    關鍵詞: Cash flow statement;Firm value;Cash flow;Corporate governance
    日期: 2019-02
    上傳時間: 2018-10-11 12:11:14 (UTC+8)
    出版者: Elsevier
    摘要: By studying cash flows from operating, investing, and financing activities, we explore the effect of these various cash flows on firm value by employing censored panel data models due to concerning panel data employed and characteristics of dependent variables. Results imply that firms raising funds for capital budgeting projects can enhance their firm value, resulting in cash inflows from financing activities and cash outflows to investing activities consistent with our cognitions. However, results reveal that cash inflows from operating activities may not be regarded as a positive signal different from the relevant studies. We infer that the market is increasingly competitive for Taiwanese enterprises due to more and more competitors from South Korea and China; in addition, we argue that firm value might not be enhanced if cash inflows from operating resulting from sales increased due to lower profit margin or purchases shrunk owing to market share declined.
    關聯: The Quarterly Review of Economics and Finance 71, p.280-290
    DOI: 10.1016/j.qref.2018.09.004
    顯示於類別:[管理科學學系暨研究所] 期刊論文

    文件中的檔案:

    檔案 描述 大小格式瀏覽次數
    Cash flow statements and firm value Evidence from Taiwan.pdf633KbAdobe PDF0檢視/開啟
    index.html0KbHTML68檢視/開啟

    在機構典藏中所有的資料項目都受到原著作權保護.

    TAIR相關文章

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回饋