Abstract: This study provides information on predictive ability of annual earnings and cash flow from operation numbers. We obtained a sample of 42 BEI (Bursa Efek Indonesia) listed companies and 168 observation, year-end firms from 2005 to 2009. We find that both cashflows and earnings numbers have substantially predictive ability for future cashflows. Furthermore, this study documents that cashflows numbers have more predictive ability for future cashflows than earn-ings and the result are robust.
Keywords: Earnings, Earnings and Cashflows Prediction, Cashflow.
Penulis: Joni
Kode Jurnal: jpakuntansidd110013
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