An evaluation of listed companies by means of cash flow ratios

The aim of this study is to determine whether the cash flow statement succeeds in increasing the usefulness of financial data to parties interested in the results of specific companies and related institutions. This South African study uses the same industries as those in a similar study by Giacomin...

Full description

Bibliographic Details
Main Authors:	L. G. Jooste, G. M. Dekker
Format:	Article
Language:	English
Published:	AOSIS 1999-03-01
Series:	South African Journal of Economic and Management Sciences
Online Access:	https://sajems.org/index.php/sajems/article/view/2570

id	doaj-6df516fdad434938aa9c8b7715bbd11a
record_format	Article
spelling	doaj-6df516fdad434938aa9c8b7715bbd11a2020-11-24T20:40:34ZengAOSISSouth African Journal of Economic and Management Sciences1015-88122222-34361999-03-012112814210.4102/sajems.v2i1.2570697An evaluation of listed companies by means of cash flow ratiosL. G. Jooste0G. M. Dekker1Graduate School of Management, University of PretoriaGraduate School of Management, University of PretoriaThe aim of this study is to determine whether the cash flow statement succeeds in increasing the usefulness of financial data to parties interested in the results of specific companies and related institutions. This South African study uses the same industries as those in a similar study by Giacomino and Mielke (1993) in the USA. The industries concerned are chemicals and oils, food and electronics. Relative performance was measured by calculating nine sufficiency and efficiency ratios. These ratios were calculated for each institution in the industry; weighted averages were also calculated for each industry. The results were compared with the norms developed for American institutions. All the listed South African companies in the industries concerned were included in the study.https://sajems.org/index.php/sajems/article/view/2570
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	L. G. Jooste G. M. Dekker
spellingShingle	L. G. Jooste G. M. Dekker An evaluation of listed companies by means of cash flow ratios South African Journal of Economic and Management Sciences
author_facet	L. G. Jooste G. M. Dekker
author_sort	L. G. Jooste
title	An evaluation of listed companies by means of cash flow ratios
title_short	An evaluation of listed companies by means of cash flow ratios
title_full	An evaluation of listed companies by means of cash flow ratios
title_fullStr	An evaluation of listed companies by means of cash flow ratios
title_full_unstemmed	An evaluation of listed companies by means of cash flow ratios
title_sort	evaluation of listed companies by means of cash flow ratios
publisher	AOSIS
series	South African Journal of Economic and Management Sciences
issn	1015-8812 2222-3436
publishDate	1999-03-01
description	The aim of this study is to determine whether the cash flow statement succeeds in increasing the usefulness of financial data to parties interested in the results of specific companies and related institutions. This South African study uses the same industries as those in a similar study by Giacomino and Mielke (1993) in the USA. The industries concerned are chemicals and oils, food and electronics. Relative performance was measured by calculating nine sufficiency and efficiency ratios. These ratios were calculated for each institution in the industry; weighted averages were also calculated for each industry. The results were compared with the norms developed for American institutions. All the listed South African companies in the industries concerned were included in the study.
url	https://sajems.org/index.php/sajems/article/view/2570
work_keys_str_mv	AT lgjooste anevaluationoflistedcompaniesbymeansofcashflowratios AT gmdekker anevaluationoflistedcompaniesbymeansofcashflowratios AT lgjooste evaluationoflistedcompaniesbymeansofcashflowratios AT gmdekker evaluationoflistedcompaniesbymeansofcashflowratios
_version_	1716826518871605248

An evaluation of listed companies by means of cash flow ratios

Similar Items