The relation between fiscal policy and firm cash flows
AbstractFiscal policy tries to achieve its objectives by modifying the programmes of public revenues and public expenses elaborated by the policy maker. One of its objectives is to improve the situation of the economic agents, and one way to achieve it is increasing the activity of the firms, employment and consumption. The main goal of the paper is to analyse the effects active fiscal policy would have on one of the main indicators of firms' activities: the cash flow. This indicator is being used more frequently for the users of financial information to take investment decisions. In this paper we will try to consider the different effects of fiscal policy on cash flow, because the cash flow states that are imposed as obligatory in the European Union for the objectivity of their information reflects the direct and indirect effects of fiscal policy.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Inderscience Enterprises Ltd in its journal Int. J. of Public Policy.
Volume (Year): 1 (2006)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.inderscience.com/browse/index.php?journalID=97
cash flow; economic policy; fiscal policy; money supply; Spain.;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Graham Langley).
If references are entirely missing, you can add them using this form.