Research Article of American Journal of Financial Management
Some Improvements in Cash Flow Based Corporate Finance (CFCF) Model
Huseyin Yilmaz
Bilecik Şeyh Edebali University, College of Economic and Administrative Sciences, Finance Branch, Bilecik, Turkey.
Cash flow based corporate finance (CFCF) model (Yilmaz,2022) determined 29 cash flow ratios and assigned them to eight functions. In this article, a new cash flow ratio was added to the cash flow ratios and then the 30 ratios were separated into three groups. Meanwhile, two of six function, financial analysis and leverage were cancelled. Their functions were distributed to the remaining functions the working capital management, capital budgeting, merger&acquisition, capital structure, dividend policy, and corporate valuation. Then, the 30 ratios were assigned to the six functions. At the last section, the six functions were explained in more detail. The 30 cash flow ratios were used 46 times while the six functions were being explained.
Keywords: Cash, Corporate Finance, Cash Flow, CFCF Model
Free Full-text PDFHow to cite this article:
Huseyin Yilmaz. Some Improvements in Cash Flow Based Corporate Finance (CFCF) Model. American Journal of Financial Management, 2023, 6:10. DOI: 10.28933/ajfm-2023-02-2705hm
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