Add to ORKGThe definition of free cash flow (FCF) varies widely in accounting theory and practice. The objective of this study is to empirically identify which definition is the most value relevant for the healthcare industry. Using a sample of 14,866 observations from 1988 to 2010, the author shows that the FCF defined as cash flow from operations less capital expenditures is the one most associated with stock prices. The author recommends that the FASB require healthcare companies to disclose that FCF, or at least require companies voluntarily disclosing FCF to use that definition. This should help retail investors make better decisions
ABSTRACT The aims of this research is to find empirical evidence about the influence of free cash fl...
Cash flow reporting has attracted increased attention in the United States, especially in the past d...
In Financial Systems, the impact of Free Cash Flow (FCF) on the performance of a company has been in...
Free Cash Flow (FCF) is one of the measures based on cash flow for measuring performance of firms, a...
The purpose of this paper is to contrast CF and FCF accounting and to explain the characteristics an...
<h3>This paper discusses the literature on free cash flow (FCF), which is one source of corporate fu...
This study aimed to investigate the impact of free cash flow on the firm value. Manufacturing compan...
This note reports a small-scale survey of disclosures of free cash flow (whether described as such o...
As instances of alleged cases of accounting fraud and earnings management have increased in recent y...
Most financial analysts agree that free cash flow is an important indicator of a firm\u27s financial...
Problem: Is the free cash flow a value relevant accounting measure in relation to the Swedish stock ...
This study determines the significance of free cash flows on the profitability of firms listed at th...
Noteworthy growth in free cash flow has been well reported over the past few years as company manage...
This paper will present evidence of the major trends in business valuation by the DCF (Discounted Ca...
In this study we want to examine the relationship between free cash flow and dividend in presence of...
ABSTRACT The aims of this research is to find empirical evidence about the influence of free cash fl...
Cash flow reporting has attracted increased attention in the United States, especially in the past d...
In Financial Systems, the impact of Free Cash Flow (FCF) on the performance of a company has been in...
Free Cash Flow (FCF) is one of the measures based on cash flow for measuring performance of firms, a...
The purpose of this paper is to contrast CF and FCF accounting and to explain the characteristics an...
<h3>This paper discusses the literature on free cash flow (FCF), which is one source of corporate fu...
This study aimed to investigate the impact of free cash flow on the firm value. Manufacturing compan...
This note reports a small-scale survey of disclosures of free cash flow (whether described as such o...
As instances of alleged cases of accounting fraud and earnings management have increased in recent y...
Most financial analysts agree that free cash flow is an important indicator of a firm\u27s financial...
Problem: Is the free cash flow a value relevant accounting measure in relation to the Swedish stock ...
This study determines the significance of free cash flows on the profitability of firms listed at th...
Noteworthy growth in free cash flow has been well reported over the past few years as company manage...
This paper will present evidence of the major trends in business valuation by the DCF (Discounted Ca...
In this study we want to examine the relationship between free cash flow and dividend in presence of...
ABSTRACT The aims of this research is to find empirical evidence about the influence of free cash fl...
Cash flow reporting has attracted increased attention in the United States, especially in the past d...
In Financial Systems, the impact of Free Cash Flow (FCF) on the performance of a company has been in...