مشخصات پژوهش

عنوان	The Relationship between Cash Conversion Cycle and Economic Value Added in Tehran Stock Exchange
نوع پژوهش	مقاله چاپ‌شده در مجلات علمی
کلیدواژه‌ها	Cash Conversion Cycle, Economic Value Added, Inventory Turnover, Accounts Receivable, Accounts Payable and Tehran Stock Exchange
چکیده	The cash conversion cycle is a liquidity measure and the economic value added is a profitability measure. These measures attempt to capture management effectiveness and the true economic profit of a company respectively. The purpose of this article is to identify the relationship between cash conversion cycle and economic value added in companies listed on Tehran stock exchange. The research period is from 2008 to 2013. Using systematic sampling method, 87 companies were selected as a sample. Panel data, multiple regressions, Durbin-Watson statistic, F-statistic and Hasman test were used to test hypotheses. According to the research findings, there is no meaningful relationship between variables such as inventory turnover, accounts receivable collection period and accounts payable payment period with cash conversion cycle. Finally, the research findings show there is no meaningful relationship between cash conversion cycle and economic value added.
پژوهشگران	محمد نظری پور (نفر دوم)، سجاد شهبازی (نفر اول)