Inflation, operating cycle, and cash holdings... At the microlevel, the operating cycle, which indicates the speed and turnover of corporate cash flow, also influences the corporate cash-holding strategy....
Inflation, operating cycle, and cash holdings ... At the microlevel, the operating cycle, which indicates the speed and turnover of corporate cash flow, also influences the corporate cash-holding strategy....
The operating cycle and the information content of earnings and cash flow... Applying Danish data this study investigates whether the length of the operating cycle is a useful explanation for the superiority of earnings over cash flows in explaining the contemporaneous stock return....
Accruals' persistence, accruals mispricing and operating cycle: evidence from the usPurpose – The purpose of this paper is to investigate the effect of operating cycle on the differential persistence of accruals and cash flow, and the market reaction to the different components of earnings across firms with various operating ...