Analysts and the cash flow statement
Article Abstract:
Twenty-one investment analysts were interviewed to find out how they view corporate annual reports. The study, sponsored by Wellcome PLC, showed that the annual report is not the most preferred source of information by analysts. Investment advisers put more stock on preliminary statements, personal interviews with the company, interim statements and company presentations. As for their preferred statements, 71% of the participants said they prefer the cash flow statement while only 19% preferred the funds flow statement. More investment analysts think that cash flow statements are better than funds flow statements because they are standardized and, therefore, allow comparisons between organizations.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1992
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Examining investment information sources for sophisticated investors using cluster analysis
Article Abstract:
Recent research into sophisticated users of financial information has used cluster analysis to determine the extent of similarity in the use of information sources between and within to specific groups. This technique highlighted significant differences between investment analysts and institutional investors. It is clear that simply ranking the information in a hierarchy of importance may be a misleading approach.
Publication Name: Accounting and Business Research
Subject: Business
ISSN: 0001-4788
Year: 1995
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Is brevity clarity?
Article Abstract:
The introduction of summary financial statements in 1990 is considered in terms of a survey showing the items shareholders actually read and the information they understand.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1997
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