IDEAS home Printed from https://ideas.repec.org/a/hur/ijaraf/v6y2016i1p115-122.html
   My bibliography  Save this article

Cash Flows from Financing Activities. Evidence from the Automotive Industry

Author

Listed:
  • Aclan Omag

Abstract

The statement of cash flows is among the key financial statements which companies should prepare according to the Generally Accepted Accounting Principles. In Turkey, the uniform accounting system accepts the cash flow statement as a supplementary financial report. On the other hand, publicly traded companies prefer the Turkish Accounting Standards in preparing their cash flow statements. Cash flows from financing activities form one of the major parts of this statement as the financial strategies of companies. The aim of this study is to analyze the cash flows from the financing activities of a sample company from 2011 to 2014 in the Turkish Automotive Industry and to show its related strategy. The company’s financing activities involve cash inflows and cash outflows as it is normally observed in the literature. In addition, the share of bank loans and dividends demonstrate the significance of debt and dividend policy with regard to financing activities.

Suggested Citation

  • Aclan Omag, 2016. "Cash Flows from Financing Activities. Evidence from the Automotive Industry," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 6(1), pages 115-122, January.
    • Handle: RePEc:hur:ijaraf:v:6:y:2016:i:1:p:115-122
    as

    Download full text from publisher

    File URL: http://hrmars.com/hrmars_papers/Article_15_Cash_Flows_from_Financing_Activities.pdf
    Download Restriction: no
    File URL: http://hrmars.com/hrmars_papers/Article_15_Cash_Flows_from_Financing_Activities.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Rick N. Francis, 2010. "The relative information content of operating and financing cash flow in the proposed cash flow statement," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 50(4), pages 829-851, December.
    2. Lin Tian & Liang Han & Song Zhang, 2015. "Business Life Cycle and Capital Structure: Evidence from Chinese Manufacturing Firms," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 23(2), pages 22-39, March.
    3. Florentina Simona Fãurescu & Oana Adriana Du?ã, 2011. "Evaluation Of Management Performance By Means Of Income Statements And Cash Flow," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(16), pages 19-26, April.
    4. Hossein Jabbari & Zeinolabedin Sadeghi & Seyed Ali Askari, 2013. "Cash Flow, Earning Opacity and its Impact on Stock Price Crash Risk in Tehran Stock Exchange," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 3(4), pages 138-145, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pavol Durana & Lucia Michalkova & Andrej Privara & Josef Marousek & Milos Tumpach, 2021. "Does the life cycle affect earnings management and bankruptcy?," Oeconomia Copernicana, Institute of Economic Research, vol. 12(2), pages 425-461, June.
    2. ElBannan, Mona A., 2021. "On the prediction of financial distress in emerging markets: What matters more? Empirical evidence from Arab spring countries," Emerging Markets Review, Elsevier, vol. 47(C).
    3. Nugroho, Dwiyanjana Santyo & Pertiwi, Meilani Intan, 2021. "Stock Price Reaction when Covid -19 Exist: Moderating by Firm’s Operating Cash Flow," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 55(1), pages 71-85.
    4. Youssef Walid, 2019. "Life Cycle Theory of the Capital Structure: Evidence from Tunisian SMEs," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 9(4), pages 432-449, April.
    5. Tamer Bahjat Sabri & Khalid Mohammad Hasan Sweis & Issam Naim Mahammad Ayyash & Yasmeen Faheem Asaad Qalalwi & Israa Sami Abbas Abdullah, 2020. "The Relationship Between of Cash Flows (Financing, Investment and Operating) and Stock Prices, Size of the Firms," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(5), pages 424-433, October.
    6. Taisier A. Zoubi & Feras Salama & Mahmud Hossain & Yass A. Alkafaji, 2016. "The Value Relevance of Components of Other Comprehensive Income When Net Income Is Disaggregated," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 19(04), pages 1-36, December.
    7. Sultan Sikandar Mirza & Khalil Jebran & Yu Yan & Amjad Iqbal, 2017. "Financing behavior of firms in tranquil and crisis period: Evidence from China," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1339770-133, January.
    8. Xi, Xian & Gao, Xiangyun & Zhou, Jinsheng & Zheng, Huiling & Ding, Jiazheng & Si, Jingjian, 2021. "Uncovering the impacts of structural similarity of financial indicators on stock returns at different quantile levels," International Review of Financial Analysis, Elsevier, vol. 76(C).
    9. An Thai & Radu Burlacu, 2022. "Adjustment Speed toward Target Leverage Throughout the Vietnamese Corporate Life Cycle: Under-Versus Over-the-Target Firms," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 18(3), pages 315-341, November.
    10. Zanxin Wang & Minhas Akbar & Ahsan Akbar, 2020. "The Interplay between Working Capital Management and a Firm’s Financial Performance across the Corporate Life Cycle," Sustainability, MDPI, vol. 12(4), pages 1-16, February.
    11. Ahsan Akbar & Minhas Akbar & Wenjin Tang & Muhammad Azeem Qureshi, 2019. "Is Bankruptcy Risk Tied to Corporate Life-Cycle? Evidence from Pakistan," Sustainability, MDPI, vol. 11(3), pages 1-22, January.
    12. Ajid ur Rehman & Man Wang & Haoyang Yu, 2016. "Dynamics of financial leverage across firm life cycle in Chinese firms: an empirical investigation using dynamic panel data model," China Finance and Economic Review, Springer, vol. 4(1), pages 1-22, December.

    More about this item

    Keywords

    Earnings; energy market; Turkey;
    All these keywords.

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hur:ijaraf:v:6:y:2016:i:1:p:115-122. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hassan Danial Aslam (email available below). General contact details of provider: http://hrmars.com/index.php/pages/detail/Accounting-Finance-Journal .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.