The Impact of Working Capital Management on Financial Performance in Various Industries Tehran Stock Exchange
Hamid Saremi1, Shaban Mohammadi2, Behrad Moein Nezhad3
1Dr. Hamid Saremi, Department of Accounting, Quchan Branch, Islamic Azad University, Quchan, Iran.
2Shaban Mohammadi, Hakim Nezami Institute of Higher Education, Quchan, Iran.
3Behrad Moein Nezhad, Hakim Nezami Institute of Higher Education, Quchan, Iran.
Manuscript received on October 26, 2016. | Revised Manuscript received on November 07, 2016. | Manuscript published on November 15, 2016. | PP: 23-27 | Volume-2 Issue-6, November 2016. | Retrieval Number: F0128112616
Open Access | Ethics and Policies | Cite
© The Authors. Published By: Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This paper examines the impact of working capital management on the Tehran Stock Exchange’s financial performance in the industry. to find out the relationship between working capital management and financial cumulative functional and regression correlation. among the companies listed on the Tehran Stock Exchange, members of industry, construction of car wash equipment in the specified time are selected. the research showed that the relationship between working capital management and financial performance of the companies in the machinery and equipment in the production of automobile parts and products is not significant. the positive relationship between working capital management and profitability there.
Keywords: Asset management, financial performance, Capital Management, profitability.