Cash flow volatility

The purpose of research "Panel data analysis: Supply chain strategy effects on capital structure of companies listed in the Jakarta islamic index" is to analyze the influence of supply chain process, firm size, supply chain strategy, profitability, tangibility, and growth opportunity variables, Leverage, Volatility, Retained Earnings, Non Debt Tax Shield, and Free Cash Flow on capital structure of companies listed in the Jakarta Islamic Index (JII).

11p longtimenosee07 29-03-2024 10 2   Download

In this section firms are asked to identify the objective they try to achieve by using derivatives and they can make a multiple choice among minimizing the volatility in accounting earnings, minimizing the volatility in cash flows etc.

33p koxih_kothogmih2 20-08-2020 17 1   Download

This paper investigates the determinants of UK corporate cash holdings during the period 1980-2012. The global and long term phenomenon of corporate cash pilling has drawn significant attention from researchers. Similarly, this study aims at shedding light on the empirical relationship between cash holding and specific firm characteristics. The empirical findings suggest that cash holdings are positively related to investment opportunity, as R&D and market to book ratio.

25p nguyenanhtuan_qb 09-07-2020 41 2   Download

In light of increasing global financial market volatilities, firms are encountering a more uncertain cash flow than ever. To avoid missing investment opportunities, firms will hold cash as a precautionary measure. We investigate whether cash holdings in Taiwanese firms is indeed driven by the uncertainty of cash flow. Our empirical results confirm that uncertainty of cash flow is the most important factor that explains why firms hold cash.

26p trinhthamhodang2 21-01-2020 21 1   Download

The goal of this research was to investigate the controversy surrounding the inability of SFAS 133 an amendment of SFAS 161 to portray the economics of hedging. This research examined whether or not BHCs’ design of hedge effectiveness tests was determined by the concern of the additional earnings volatility possibly evolved from economic hedges that do not qualify for hedge accounting.

16p vimadrid2711 18-12-2019 21 1   Download

In this study, we examine the influence of the adoption of Accounting Standard Update (ASU) No. 2016-09, Compensation- Stock Compensation (Topic 718): Improvement to Employee Share-based Payment Accounting, on earnings and cash flow volatility for firms that issue share-based compensation to employees.

8p viankara2711 04-12-2019 7 0   Download

Expected asset risk measures are needed to construct optimal portfolios, plan for retirement, value equities and options, and forecast corporate cash flow distributions. In this lecture, students will: Compute asset return variance and standard deviation, scale standard deviations across time, compute moving average volatility, compute volatility using EWMA models, compute implied volatility using the black-scholes option pricing model.

26p shiwo_ding8 25-06-2019 19 4   Download

thank you for your support. introduction investing in real estate can be an incredible way to unlock cash flow and value, even in volatile markets. however, there are pitfalls with investing in real estate, just as there are with any other investment. this free outlines a few of the most common pitfalls so that you, a prospective investor, do not have to fall prey to them. these items are a part of my own experience in real estate investment. i have personally fallen prey to these things, or had a near-miss with them. take these to heart, and...

4p geometry1122 09-05-2013 41 2   Download

In this chapter we introduce the main, and first, concepts that one has to grasp in order to build, evaluate, purchase and sell financial structured products. Structured finance denotes the art (and science) of designing financial products to satisfy the different needs of investors and borrowers as closely as possible. In this sense, it represents a specific technique and operation of the financial intermediation business. In fact, the traditional banking activity, i.e.

301p thuymonguyen88 07-05-2013 70 30   Download

We begin with an assumption about the sales generating process rather than the operating cash flow generating process because the sales contract determines both the timing and amount of the cash inflows (and often related cash outflows) and the recognition of earnings. The sales contract specifies when and under what conditions the customer has to pay. Those conditions determine the pattern of cash receipts and so the sales contract is more primitive than the cash receipts.

44p bin_pham 06-02-2013 54 3   Download

I was looking at Inco – a nickel-mining company – about a year ago. It had outstanding numbers, including a low price-to-earnings ratio (P/E), big margins, and a good cash flow. So – after doing my research into the company’s growth strategy and management team – I recommended it to my subscribers. It’s now up over 80%. What did I know that other investors missed? It’s pretty simple. I knew that mining companies are sometimes discounted because their industry is so cyclical. What’s more, the price of the commodities they extract can also be volatile.

19p giacmongdevuong209 05-02-2013 51 4   Download

A higher-risk CMO tranche could, for example, have an average life that changes from 2 years to 20 years with even a modest increase in interest rates. Higher risk refers here to the cash flow variability of the tranche, not its credit quality, although underwriters can create structured securities that combine higher average life sensitivity with lower credit quality. The highest yields go to those tranches that, by design, exhibit the most volatile average lives. Such tranches receive excess principal cash when prepayments rise, and pay off early.

45p bocapchetnguoi 05-12-2012 59 3   Download

The third approach, modern capital budgeting, recognises that today’s (present) value of an investment asset is the cash flow it can generate in the future, not the returns it has provided in the past. Accordingly, investment appraisal must adopt an ‘ex ante’ - forward- looking analysis - as distinct from the backward-looking focus of the traditional financial approaches typified by the ROI calculation.

0p quaivatxanh 01-12-2012 53 5   Download

CHAPTER 18 Derivatives and Risk Management Derivative securities Fundamentals of risk management Using derivatives Are stockholders concerned about whether or not a firm reduces the volatility of its cash flows? Not necessarily. If cash flow volatility is due to systematic risk, it can be eliminated by diversifying investors’ portfolios.

26p summerflora 31-10-2010 102 25   Download