Do analysts disclose cash flow forecasts with earnings estimates when earnings quality is low?

Article English OPEN
Bilinski, P.;
  • Publisher: Blackwell Publishing Ltd
  • Related identifiers: doi: 10.1111/jbfa.12056
  • Subject: HG
    mesheuropmc: education | human activities | behavioral disciplines and activities | health care economics and organizations

Cash flows are incrementally useful to earnings in security valuation mainly when earnings quality is low. This suggests that when earnings quality decreases, analysts will be more likely to supplement their earnings forecasts with cash flow estimates. Contrary to this ... View more
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