Loading...
Please wait, while we are loading the content...
Similar Documents
The relationship between the measures of working capital and economic value added (EVA) a case study of companies listed on the Tehran Stock Exchange
| Content Provider | Semantic Scholar |
|---|---|
| Author | Mosazadeh, Amir Aslani, Azim Hassanzadeh, Mohammad |
| Copyright Year | 2016 |
| Abstract | In this study, the relationship between the measures of working capital and economic value added (EVA) in the companies listed on the Tehran Stock Exchange is examined. The study population consists of 430 companies, which have been accepted in Tehran Stock Exchange until 2008. In this study, the simple random sampling is applied, and in order to determine the relationship between the variables E-Views software is used. In this study, working capital management criteria includes the period of collection of receivables, inventory turnover period, the period of debt repayment, and cash conversion cycle. The results of this study indicate that working capital management is correlated with Economic Value Added (EVA) of companies listed on the Tehran Stock Exchange. In other words, there is relationship between the period of debt payment and EVA, the period of collection of receivables and EVA, and the period of repayment of debt and EVA. The findings also show no relationship between inventory turnover and economic value added (EVA) of firms listed in the Tehran Stock Exchange. |
| Starting Page | 615 |
| Ending Page | 621 |
| Page Count | 7 |
| File Format | PDF HTM / HTML |
| Volume Number | 2 |
| Alternate Webpage(s) | http://www.ijhcs.com/index.php/ijhcs/article/download/767/697 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
