Akbar, Saeed; Shah, Syed Zulfiqar Ali; Stark, Andrew W. - In: International Review of Financial Analysis 20 (2011) 5, pp. 311-319
—providing information relevant to the assessment of future cash flows and their uncertainty, and the market value of firms—is still subject …-financial firms for the years 1993 to 2007, our results suggest strong support for the assertion that cash flows can have incremental … value relevance relative to either earnings or funds flows. By implication, cash flows can have separate value relevance …