|
EFFECT OF WORKING CAPITAL ON SUCCESS MEASUREMENT INDICATORS (NON-FINANCIAL VARIABLES) |
|---|---|
| รหัสดีโอไอ | |
| Creator | Fahimeh Nazari, Babak Jamshidinavid |
| Title | EFFECT OF WORKING CAPITAL ON SUCCESS MEASUREMENT INDICATORS (NON-FINANCIAL VARIABLES) |
| Contributor | - |
| Publisher | TuEngr Group |
| Publication Year | 2562 |
| Journal Title | International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies |
| Journal Vol. | 10 |
| Journal No. | 9 |
| Page no. | 10A09I: 1-11 |
| Keyword | Financial performance, Impure working capital, Financial leverage, Tehran Stock Exchange, Numbers of transaction times. |
| URL Website | http://tuengr.com/Vol10_9.html |
| Website title | ITJEMAST V10(8) 2019 @ TuEngr.com |
| ISSN | 2228-9860 |
| Abstract | This research investigates the effect of working capital on success measurement indicators (non-financial variables). In this research 142 corporations have been chosen as the research sample among 856 accepted corporations in Tehran Stock Exchange from 2012 to 2016. The research gathered data have used Stata software, Eviews software and Paneling Logit Model as verisimilitude maximizing method to test the research hypotheses. The research hypotheses are the effects of pure working capital and impure working capital on success measurement indicators, (non-financial variables: transaction mass (volume) and transaction times. The research findings indicate the positive and meaningful effect of pure working capital on mass (volume) and numbers of transaction times and lack of effect of impure working capital on mass (volume) and number of transaction times. The research results represent that existence of suitable working capital can help corporations to attract investors' trusts and motivations to invest. Based on the research findings, corporations' managers can play important roles on performance improvement specification and access corporations` success by knowing the important role and application of capital in cycle. |
