While there is no agreed upon criteria, the most common definition is that premature ejaculation occurs if the man ejaculates within two minutes of penetration [1]; however, a survey by Alfred Kinsey in the 1940s demonstrated that three quarters of men ejaculate within two minutes of penetration in over half of their sexual encounters. [2]
Free cash flow is a company's operational cash flow with the effect of its current growth rate removed. Cash Flow to Firm Free cash flow can flow to equity or to the firm in general.
To estimate what managers could have returned to equity investors, we develop a measure of potential dividends that we term the free cash flow to equity. Intuitively, the free cash flow to equity measures the cash left over after taxes, reinvestment needs and debt cash flows have been met.