Are cash flows relevant for stock pricing in Bursa Malaysia?
The research on whether information on cash flows have any impact beyond earnings disclosures has inconclusive results. Changes in cash flows are found to have significant impact beyond that of earnings only if share price changes are measured over a short window of about 3 days and not over a lon...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Faculty of Economics and Management, Universiti Putra Malaysia
2008
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| Online Access: | http://psasir.upm.edu.my/id/eprint/13262/1/13262.pdf |