The Effect of Working Capital Strategies on Performance Evaluation Criteria


  •  Ali Kourosh Pasandideh    
  •  Roya Darabi    

Abstract

The main aim of the present study is to explore the effect of working capital strategies on performance evaluation criteria. To this end, a number of 658 companies were selected during the period of 2007. For testing research hypotheses, multivariate linear regression statistical technique was used. The results indicate that investment strategies have a significant effect on return on assets and Tobin Q indicator. However, these strategies do not have any significant effect on Market Value Added. Financing strategies also have only a significant effect on Return on Assets.


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