Διερεύνηση της επεξηγηματικής δύναμης των ταμειακών ροών κατά την αξιολόγηση της προοπτικής των επιχειρήσεων
Master Thesis
Author
Τουρλάκη, Δήμητρα Β.
Date
2010-09-30View/ Open
Subject
Επιχειρήσεις -- Οικονομία ; Χρηματοοικονομική λογιστική ; Χρηματοοικονομική επιχειρήσεων ; Cash flowAbstract
The purpose of this study is to identify the accounting parameters that can explain the fluctuations of a company’s market capitalization value, by analyzing the data of a sample of Greek companies for the period 2000-2008. The results indicate that earnings, cash flow and risk measures (betas) are strongly related to a company’s share price and therefore its value. The findings are in line with the relevant theory and the findings of similar studies. They also explain the investment decision practices which are based on the consideration of the company’s fundamental data.