Working Capital Management and Financing Decision: Synergetic Effect on Corporate Profitability

Working Capital Management and Corporate Profitability: Evidence from Iran

The main objective of this research is studying the relationship between working capital management and profitability. Cash conversion cycle is one of the important measuring tools to calculate the efficiency of working capital management. The time realm of the research was 2001-2006 and the studied companies have been the ones accepted in Tehran stock exchange. In general, out of 2628 companie...

Trends in Corporate Profitability and Capital Costs

Effect of Working Capital Management on the Profitability of the Indian Pharmaceutical Sector

The aim of the research is to study the working capital management in the area of pharmaceutical industry. Since the study is associated with the pharmaceutical sector of India, the main reason to choose this sector for the research is that in the case of pharmaceutical firms, the market leadership is not based on product innovation, rather on new product development. Thus these firms of pharma...

An Investigation of the Association between Working Capital Management and Corporate Performance

Working capital management is an essential part of the short-term finance of a firm. With an efficient working capital management, a firm can release capital for more strategic objectives, reduce the financial costs, and improve profitability. The present research studies the relationship of working capital management on performance of firms Listed in Tehran Stock Exchange (TSE). Average Collec...

Effect of Disagreement on Corporate Financing Policy and Investment Level

This study models firm’s financing policy and investment level when manager and outside investors has disagreement. It shows that the firm is more likely to over invest when the level of disagreement is high, and prefers debt financing; while under invests with lower disagreement level and tends to equity financing. Compared with selffinancing, investment at firm level decreases, the over (unde...