Özcan, Ahmet2025-01-062025-01-0620201304-53182147-977110.35408/comuybd.633337https://doi.org/10.35408/comuybd.633337https://search.trdizin.gov.tr/tr/yayin/detay/384959https://hdl.handle.net/20.500.14669/774In the competitive economic environment, cash flow statement reveals prominentinformation about firms. The aim of the present study is to examine the usefulness ofcash flow statement in the prediction of business failure by using a sample including66 firms listed on Borsa Istanbul from 2010 to 2018. A total of 33 non-failed firms arematched with 33 failed firms based on size and industry. In the present study, logisticregression models are constructed for each of three years prior to business failure. Theempirical findings of this study indicate that cash flow measures are strong predictorsof business failure.eninfo:eu-repo/semantics/openAccessİşletmeArticle3873637338495918