Earnings and Cash Flow Persistence - Case of Medium Agriculture Enterprises in Serbia

Stevanović, Slavica and Minović, Jelena and Marinković, Grozdana (2021) Earnings and Cash Flow Persistence - Case of Medium Agriculture Enterprises in Serbia. Economics of Agriculture, 68 (1). pp. 141-153. ISSN 0352-3462

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Abstract

This paper examines the earnings and cash flow persistence
of selected agriculture Serbian enterprises as a measure of
their earnings quality. We study the persistence of income
statements and cash flow statement items of medium-sized
agriculture enterprises in Serbia. Agriculture is a relevant
sector for the national economy and medium-sized
enterprises are the main drivers of her economic growth.
We use panel regression analysis with annual data over
the period from 2010 to 2018. The results of our research
indicate that earnings and cash flow-based indicators have
different persistence. Analysing accruals and net cash
flows of operating activities as determinants of operating
profit of analysed enterprises, we conclude that operating
profit that represents accruals are more persistent than
operating profit backed by net operating cash flows.

Item Type: Article
Additional Information: COBISS.ID=35328009
Uncontrolled Keywords: persistence, earnings quality, agriculture. medium-sized enterprises, Serbia
Research Department: Digital Economics
Depositing User: Jelena Banovic
Date Deposited: 30 Mar 2021 14:53
Last Modified: 30 Mar 2021 14:53
URI: http://35.240.28.64/id/eprint/1580
Author Links: [error in script] No links available.

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