Implementation of Statistical Indicators to Analysis of Effectiveness of Cash-Flows of the Enterprise

Authors: H. Rohanova, ORCID ID 0000000337589675, Ph. D. in Economics, Senior Teacher, Department of Finance, National University of Food Technologies, Kyiv, Ukraine

Abstract: The contemporary methods of corporate cash flow analysis are the object of this study. One of the most problematic points is how to provide proper cash flow analysis on a formation simultaneity basis over the time. The classical methods of corporate cash flow management efficiency analysis are considered and the basic parameters of its indicators are determined during the study. Unstable operating conditions of domestic companies, as well as

Key words: statistics, method, analysis, management efficiency, cash flows

Received: 10/12/2018

1st Revision: 11/01/2019

Accepted: 28/01/2019

DOI: https://doi.org/10.17721/1728-2667.2019/202-1/5

References

Stice D., Stice E.K., Stice J.D., 2017. Cash Flow Problems Can Kill Profitable Companies. International Journal of Business Administration. Vol 8, No 6, рр. 46-54. DOI: 10.5430/ijba.v8n6p46.
Bian Y., Lemoine D., Yeung T.G., Bostel N., Hovelaque V., Viviani J.-L., Gayraud F., 2018. A dynamic lot-sizing-based profit maximization discounted cash flow model considering working capital requirement financing cost with infinite production capacity. International Journal of Production Economics. Vol. 196, рр. 319-332. DOI: 10.1016/j.ijpe.2017.12.002.
Fedyshyn M.P., 2014. Сash flows tactical planning in the food industry: Manuscript. Ph. D. dissertation. National University of Food Technologies of the Ministry of education and science of Ukraine, Kyiv, P 23.
Rohanova H., 2018. Importance of cash flow optimization of enterprises. Prospects for the Development of Modern Science. International Center for Scientific Research, Kyiv, pp. 8-9.
Kroes J.S., Manikas A.S., 2014. Cash flow management and manufacturing firm financial performance: A longitudinal perspective. International Journal of Production Economics. Vol. 148, рр. 37-50. DOI: 10.1016/j.ijpe.2013.11.008.
Semenova S. M., Shpyrko O.M., 2015. Upravlinnia hroshovymy potokamy na pidpryiemstvakh vodnoho transportu: oblikovo-analitychnyi aspekt [monohrafiia] Kyiv: CUL, 252 с. http://cul.com.ua/preview/ugp.pdf.
Kosova T.D., Rohanova H.O., 2008. Management of Enterprise Cash Flows in the Context of Institutional Economic Theory. Economy of Ukraine. No 7, рр. 57-64.
Lewellen, J., & Lewellen, K., 2016. Investment and Cash Flow: New Evidence. // Journal of Financial and Quantitative Analysis. Vol. 51, No 4, рр. 1135-1164. DOI: 10.1017/S002210901600065X.
Abel A.B., 2018. The effects of q and cash flow on investment in the presence of measurement error // Journal of Financial Economics. Vol. 128, No 2, рр. 363-377. DOI: 10.1016/j.jfineco.2018.02.005.
Yescombe E.R., Farquharson E., 2018. Cash Flow and Investment Analysis // Public-Private Partnerships for Infrastructure (Second Edition). Principles of Policy and Finance. Ch. 3. рр. 25-34.
Drobetz W., Haller R., Meier I., Tarhan V., 2017. The impact of liquidity crises on cash flow sensitivities // The Quarterly Review of Economics and Finance, Vol. 66, рр. 225-239. DOI: 10.1016/j.qref.2017.03.004.
Harris C., Roark S., 2018. Cash flow risk and capital structure decisions // Finance Research Letters. DOI: 10.1016/j.frl.2018.09.005.
Ek C., Wu G.L., 2018. Investment-cash flow sensitivities and capital misallocation // Journal of Development Economics. Vol. 133, рр. 220-230. DOI: 10.1016/j.jdeveco.2018.02.003.
Dufour D., Luu P., Teller P., 2018. The influence of cash flow on the speed of adjustment to the optimal capital structure
// Research in International Business and Finance. Vol. 45, рр. 62-71. DOI: 10.1016/j.ribaf.2017.07.132.
Fawzi N.S., Kamaluddin A., Sanusi Z.M., 2015. Monitoring Distressed Companies through Cash Flow Analysis // Procedia Economics and Financeю. Vol. 28, рр. 136-144.
Almamy J., Aston J., Ngwa L.N., 2016. An evaluation of Altman’s Z-score using cash flow ratio to predict corporate failure amid the recent financial crisis: Evidence from the UK // Journal of Corporate Finance. Vol. 36, рр. 278-285. DOI: 10.1016/j.jcorpfin.2015.12.009.
Mormul N.F., Shitov A.N., Bulanova N.S., D.N. Shitov, 2012. Mnogokriterial’naya otsenka kolichestvennogo analiza predprinimatel’skikh riskov. Ural’skiy nauchnyy vestnik: nauchno-teoreticheskiy i prakticheskiy zhurnal. Vol. 8 (44). http://biblio.umsf.dp.ua/jspui/handle/123456789/2395.
Annual financial statements ”Confectionery Corporation “Roshen”. 2018. www.roshen.com.

Download

  • pdf 202-34-42
    File size: 651 kB Downloads: 1021