Estimating Cashflow-at-Risk (CFaR): A Comparables Approach for Restaurant Firms

Material TypeArticleLanguageEnglish
TitleEstimating Cashflow-at-Risk (CFaR): A Comparables Approach for Restaurant Firms Author(S)SooCheong (Shawn) Jang (Author)
Abstract  Of the many risks faced by restaurants, a shortage of cashflow is among the most damaging. This study introduces an effective tool to estimate the cashflow risk of restaurants, so that firms can be ready to address the potential risks. Using a comparables approach to Cashflow-at-Risk (CFaR), the study analyzes cashflow data from publicly listed U.S. restaurant firms from 1988 to 2007. ...Paginationp 232-240
SubjectHome economicsDescriptorsHospitality industry
Journal TitleCornell Hospitality Quarterly  
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