Browsing HBS Scholarly Articles by Keyword "cash flow"
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Comovement and Predictability Relationships Between Bonds and the Cross-Section of Stocks
(2012)Government bonds comove more strongly with bond-like stocks: stocks of large, mature, low-volatility, profitable, dividend-paying firms that are neither high growth nor distressed. Variables derived from the yield curve ... -
Evidence on the Use of Unverifiable Estimates in Required Goodwill Impairment
(Springer, 2012)SFAS 142 requires managers to estimate the current fair value of goodwill to determine goodwill write-offs. In promulgating the standard, the FASB predicted managers will, on average, use the fair value estimates to convey ...