The Usefulness of Operating Cash Flow for Predicting Business Bankruptcy in Medium-Sized Firms
Purpose – This paper proposes using operating cash flow (OCF) as an instrument to determine a firm’s likelihood of bankruptcy. It presents a new model capable of predicting business failure based on data derived from financial statements. Design/methodology/approach – In this study, logit an...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Fundação Escola de Comércio Álvares Penteado
2020-10-01
|
Series: | Revista Brasileira de Gestão De Negócios |
Subjects: | |
Online Access: | https://rbgn.fecap.br/RBGN/article/view/4079 |