عنوان مقاله [English]
This paper examines the information contents of the financial
ratios derived from the statements of cash flows.
If the Financial ratios. measured from the statements of cash
flow, could improve the correlation between:
a) The ratios calculated from the income statement and
balance sheet. and
b) Stock return
Then you could claim that these ratios possess information
contents. The results showed the ratios (derived from the
statements of cash flows) have weaker correlation with stock
return (Comparing with the ratios calculated from the income
statement and balance sheet).