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...

Full description

Bibliographic Details
Main Authors: Natividad Rodríguez-Masero, Jesús D. López-Manjón
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