Purpose – The purpose of this paper is to examine the comparative abilities of current period cash flows and earnings (and its components) to predict one‐year‐ahead cash flow from operations in Egypt. Design/methodology/approach – The study uses the cash flow prediction models developed...

Purpose – The purpose of this paper is to examine and compare the relative and incremental value‐relevance of a comprehensive set of accounting‐based measures of firm's performance in the emerging capital market of Egypt. Design/methodology/approach – The regression models are estimated...