The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context
This study investigates the aptitudes of the cash-based and accrual-based accounting data for predicting future cash flows from operations in the French context. In addition, our paper aims to investigate the effect of the economic crisis on the prediction of future cash flow. The sample consists of...
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2020
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| Online Access: | http://dx.doi.org/10.1016/j.jbef.2020.100414 https://www.sciencedirect.com/science/article/pii/S2214635020303415 http://hdl.handle.net/10576/40455 |
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| _version_ | 1857415084329926656 |
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| author | Benjamin, Noury |
| author2 | Hammami, Helmi Ousama, A.A. Zeitun, Rami |
| author2_role | author author author |
| author_facet | Benjamin, Noury Hammami, Helmi Ousama, A.A. Zeitun, Rami |
| author_role | author |
| dc.creator.none.fl_str_mv | Benjamin, Noury Hammami, Helmi Ousama, A.A. Zeitun, Rami |
| dc.date.none.fl_str_mv | 2020-11-02 2023-02-27T08:46:23Z |
| dc.identifier.none.fl_str_mv | http://dx.doi.org/10.1016/j.jbef.2020.100414 Noury, B., Hammami, H., Ousama, A. A., & Zeitun, R. (2020). The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context. Journal of Behavioral and Experimental Finance, 28, 100414. 2214-6350 https://www.sciencedirect.com/science/article/pii/S2214635020303415 http://hdl.handle.net/10576/40455 28 2214-6369 |
| dc.language.none.fl_str_mv | en |
| dc.publisher.none.fl_str_mv | Elsevier |
| dc.rights.none.fl_str_mv | http://creativecommons.org/licenses/by/4.0/ info:eu-repo/semantics/openAccess |
| dc.subject.none.fl_str_mv | Cash flows Earnings Accruals Economic crisis France |
| dc.title.none.fl_str_mv | The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context |
| dc.type.none.fl_str_mv | Article info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/article |
| description | This study investigates the aptitudes of the cash-based and accrual-based accounting data for predicting future cash flows from operations in the French context. In addition, our paper aims to investigate the effect of the economic crisis on the prediction of future cash flow. The sample consists of 61 non-financial French listed companies, using annual data over the period 1999–2016. The study found that, regardless of the period, the model based on the operating cash flows combined with disaggregate accruals has a stronger explanatory power for predicting future operating cash flows, compared to both earnings and operating cash flows combined with the aggregate accruals models. Moreover, our results show that the aggregation of earnings falsifies the contribution of each accrual item and, as a result, the decomposition of earnings into cash flows and disaggregate accrual enables a much more accurate explanation of future operating cash flows. |
| eu_rights_str_mv | openAccess |
| format | article |
| id | qu_2881de8386933982eebd8132c5902a40 |
| identifier_str_mv | Noury, B., Hammami, H., Ousama, A. A., & Zeitun, R. (2020). The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context. Journal of Behavioral and Experimental Finance, 28, 100414. 2214-6350 28 2214-6369 |
| language_invalid_str_mv | en |
| network_acronym_str | qu |
| network_name_str | Qatar University repository |
| oai_identifier_str | oai:qspace.qu.edu.qa:10576/40455 |
| publishDate | 2020 |
| publisher.none.fl_str_mv | Elsevier |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| rights_invalid_str_mv | http://creativecommons.org/licenses/by/4.0/ |
| spelling | The prediction of future cash flows based on operating cash flows, earnings and accruals in the French contextBenjamin, NouryHammami, HelmiOusama, A.A.Zeitun, RamiCash flowsEarningsAccrualsEconomic crisisFranceThis study investigates the aptitudes of the cash-based and accrual-based accounting data for predicting future cash flows from operations in the French context. In addition, our paper aims to investigate the effect of the economic crisis on the prediction of future cash flow. The sample consists of 61 non-financial French listed companies, using annual data over the period 1999–2016. The study found that, regardless of the period, the model based on the operating cash flows combined with disaggregate accruals has a stronger explanatory power for predicting future operating cash flows, compared to both earnings and operating cash flows combined with the aggregate accruals models. Moreover, our results show that the aggregation of earnings falsifies the contribution of each accrual item and, as a result, the decomposition of earnings into cash flows and disaggregate accrual enables a much more accurate explanation of future operating cash flows.Elsevier2023-02-27T08:46:23Z2020-11-02Articleinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://dx.doi.org/10.1016/j.jbef.2020.100414Noury, B., Hammami, H., Ousama, A. A., & Zeitun, R. (2020). The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context. Journal of Behavioral and Experimental Finance, 28, 100414.2214-6350https://www.sciencedirect.com/science/article/pii/S2214635020303415http://hdl.handle.net/10576/40455282214-6369enhttp://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessoai:qspace.qu.edu.qa:10576/404552024-07-23T10:05:01Z |
| spellingShingle | The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context Benjamin, Noury Cash flows Earnings Accruals Economic crisis France |
| status_str | publishedVersion |
| title | The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context |
| title_full | The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context |
| title_fullStr | The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context |
| title_full_unstemmed | The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context |
| title_short | The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context |
| title_sort | The prediction of future cash flows based on operating cash flows, earnings and accruals in the French context |
| topic | Cash flows Earnings Accruals Economic crisis France |
| url | http://dx.doi.org/10.1016/j.jbef.2020.100414 https://www.sciencedirect.com/science/article/pii/S2214635020303415 http://hdl.handle.net/10576/40455 |