经营活动现金流量预测实证研究被引量：14

下载PDF

导出

摘要本文以上市A股公司实际披露的现金流量表为基础获得的经验证据表明,与单独提供会计盈余数字相比,提供现金流量数据能够改进经营活动现金流量的预测;并且,我国的现金流量表准则规定同时使用直接法和间接法,这有利于提高利用历史财务数字预测未来经营活动现金流量的能力。这些结论与FASB关于会计盈余与现金流量关系的阐述相违背,但却证明我国现金流量表确实有助于预测企业未来现金流量。

作者张国清

机构地区厦门大学管理学院会计系

出处《当代财经》 CSSCI 北大核心 2007年第1期104-112,119,共10页 Contemporary Finance and Economics

关键词会计盈余经营活动现金流量预测经营活动现金流量应计项目及其组成

分类号 F275.1 [经济管理—企业管理]

引文网络
相关文献

参考文献17

1Agnes Cheng,C.S.,and Dana Hollie,2004,Do core and non-core cash flow from operations persist differentially in predicting future cash flows? Working Paper.
2Bowen,R.M.,Burgstahler,D.,and Delay,L.A.,1986,Evidence on the Relationships between Earnings and Various Measures of Cash Flow,Accounting Review,61,pp713-725.
3Greenberg,R.R.,Johnson,G.L.and Ramesh,K.,1986,Earnings versus Cash Flow as a Predictor of Future Cash Flow Measures,Journal of Accounting,Auditing and Finance.,1,pp.266-277.
4Murdoch,B.and Krause,P.,1989,An Empirical Investigation of the Predictive Power of Accrual and Cash Flow Data in Forecasting Operating Cash Flow,Akron Business and Economic Review,Fall,pp.100-113.
5Nassiripour,S.,Greenberg,R.and Johnson,G.L.,1996,Predicting Future Cash Flows:Current Cash Flow vs.Current Earnings,Journal of Accounting and Finance Research,3,pp.113-120.
6Finger,and Catherine,1994,The Ability of Earnings to Predict Future Earnings and Cash Flow,Journal of Accounting Research,32,pp.210-223.
7Dechow,P.M.,Kothari,S.P.and Watts,R.L.,1998,The Relation between Earnings and Cash Flows,Journal of Accounting and Economics,25,pp.133-168.
8Cheng,C.S.A.,Liu,C.,Schaefer,T.F.,1996,Earnings Permanence and the Incremental Information Content of Cash Flows from Operations,Journal of Accounting Research,34,pp.173-181.
9McBeth,K.H.,1993,Forecasting Operating Cash Flow:Evidence on the Comparative Predictive Abilities of Net Income and Operating Cash Flow from Actual Cash Flow Data,The Mid-Atlantic Journal of Business,29,pp.173-187.
10Burgstahler,D.,Jiambalvo,J.and Pyo,Y.,1998,The Informativeness of Cash Flows for Future Cash Flows,Working Paper,University of Washington.

二级参考文献10

1财政部.企业会计准则—现金流量表[M].北京：中国财经出版社,2001..
2M E, Barth, D P Cram, K K Nelson. Accruals and the Prediction of Future Cash Flows [J ]. The Accounting Review ,2001, (76): 27-58.
3M E Barth, D P Cram, K K Nelson. Accruals and the Prediction of Future Cash Flows [J ]. Finance India , 2002,(16) : 627 - 655.
4V L Bernard, T L, Stober. The Nature and Amount of Information in Cash Flows and Accruals [ J ]. The Accounting Review, 1989, (64) : 624 - 652.
5P M Dechow. Accounting Earnings and Cash Flows as Measures of Firm Performance: the Role of Accounting Accruals[J]. Journal of Accounting and Economics, 1994, (18) : 3 - 42.
6P M, Dechow, S P Kothari, R L Watts. The Relation between Earnings and Cash Flows [J ]. Journal of Accounting and Economics , 1998, (25): 133- 168.
7G A Feltham, J A Ohlson. Uncertainty Resolution and the Theory of Depreciation Measurement [J ]. Journal of Accounting Research, 1996, (34): 209-234.
8S A Ross, R W Westerfield, J F Jaffe. Corporate Finance [M]. Homewood, 1993.
9Q Vong. Likelihood Ratio Tests for Model Selection and Non-nested Hypotheses [J]. Econometrica , 1989, (57): 307- 334.
10H White. A Heteroscedasticity Consistent Covariance Matrix and a Direct Test of Heteroscedasticity [J ]. Econometrica,1980, (48): 817-838.