Relationship between Working Capital, Operating Cash Flows and Operating Income: Empirical Evidences from Listed Firms in Tehran Stock Exchange
Vol. 2 No. 1 (2012), Articles
Vol. 2 No. 1 (2012)

Relationship between Working Capital, Operating Cash Flows and Operating Income: Empirical Evidences from Listed Firms in Tehran Stock Exchange

Hashem Valipour
Accounting Department, Firouzabad Branch, Islamic Azad University, Firouzabad, Iran.
Zakieh Shooshtarian
Accounting Department, Marvdasht Branch, Islamic Azad University, Marvdasht, Iran.
Esmail Ostovari
Accounting Department, Marvdasht Branch, Islamic Azad University, Marvdasht, Iran.
View Abstract View PDF Download PDF

Keywords

Working Capital, Operating Cash Flows, Operating Profit, Panel Data, Operating Income

How to Cite

Valipour, H. ., Shooshtarian, Z. ., & Ostovari, E. . (2012). Relationship between Working Capital, Operating Cash Flows and Operating Income: Empirical Evidences from Listed Firms in Tehran Stock Exchange. Asian Economic and Financial Review, 2(1), 20–29. Retrieved from https://archive.aessweb.com/index.php/5002/article/view/734
ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver

Download Citation

Endnote/Zotero/Mendeley (RIS) BibTeX

Abstract

The main purpose of this research is to investigate the relationship between working capital, operating cash flow and operating income, in the companies that listed in Tehran Stock Exchange. Panel analysis is applied to sample of 52 companies during the period 2000-2009. The results show that there is a positive relationship between working capital and operating profit. But there is not meaningful relationship between operating cash flows and working capital.

View Abstract View PDF Download PDF

Downloads

Download data is not yet available.