IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

La pertinence des cash-flows d'exploitation et de l'information financière traditionnelle dans la prévision de la détresse financière des entreprises tunisiennes

  • Saoussen Boujelben

    (ISCAE de Tunis - ISCAE)

  • Fedhila Hassouna

    (ISCAE de Tunis - ISCAE)

Registered author(s):

    L'objectif de cet article est de valider la pertinence des cash-flows d'exploitation dans le domaine de prévision des difficultés financières. Il s'agit de vérifier si l'information renseignant sur les cash-flows d'exploitation prévoit mieux la cessation de paiement que l'information comptable basée sur les accruals. L'étude empirique ainsi menée sur 278 observations, a permis de se prononcer sur la supériorité des modèles LOGIT basés sur les cash-flows, par rapport à ceux basés sur l'information financière traditionnelle en terme de prévision de la cessation de paiement, et ce par la simple référence à leurs pouvoirs prédictifs. Toutefois, cette supériorité n'a été statistiquement validée par le test de Davidson & Mackinon (1981) que pour la prévision deux et trois ans à l'avance.

    If 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.

    File URL: http://halshs.archives-ouvertes.fr/docs/00/54/48/81/PDF/p158.pdf
    Download Restriction: no

    Paper provided by HAL in its series Post-Print with number halshs-00544881.

    as
    in new window

    Length:
    Date of creation: May 2007
    Date of revision:
    Publication status: Published - Presented, «COMPTABILITE ET ENVIRONNEMENT », 2007, France
    Handle: RePEc:hal:journl:halshs-00544881
    Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00544881/en/
    Contact details of provider: Web page: http://hal.archives-ouvertes.fr/

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    as in new window
    1. Andreas Charitou & Colin Clubb, 1999. "Earnings, Cash Flows and Security Returns Over Long Return Intervals: Analysis and UK Evidence," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 26(3-4), pages 283-312.
    2. Nelson, Karen K. & Barth, Mary E. & Cram, Donald, 2001. "Accruals and the Prediction of Future Cash Flows," Research Papers 1594r, Stanford University, Graduate School of Business.
    3. Altman, Edward I. & Haldeman, Robert G. & Narayanan, P., 1977. "ZETATM analysis A new model to identify bankruptcy risk of corporations," Journal of Banking & Finance, Elsevier, vol. 1(1), pages 29-54, June.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-00544881. See general 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: (CCSD)

    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 references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.