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The Social Sciences

ISSN: Online 1993-6125
ISSN: Print 1818-5800
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Studying Effects of Working Capital Management and Financial Constraints on Value of Accepted Companies in Tehran Stock Exchange

Soheyla Teymoorpoor, Esmaeil Panahi, Mojtaba Sangari and Mehrdad Abdolkarimi
Page: 6391-6398 | Received 21 Sep 2022, Published online: 21 Sep 2022

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Abstract

This research is studying investment effects on working capital due to funding based on working capital management that is including 6 variables such as net operating working capital, profit, net assets, research and development expenditure, interest expense, paid dividends and cash. In order to analyze data, has been used regression model and dynamic generalized moment’s method. Research period is beginning of to end of and research sample is including 85 companies of qualified Tehran stock exchange companies by systematic removal method. Results indicates that working capital shows negative and significant relationship with company’s value also results of second hypothesis indicates that company’s value of limited companies is more than companies without restrictions.


How to cite this article:

Soheyla Teymoorpoor, Esmaeil Panahi, Mojtaba Sangari and Mehrdad Abdolkarimi. Studying Effects of Working Capital Management and Financial Constraints on Value of Accepted Companies in Tehran Stock Exchange.
DOI: https://doi.org/10.36478/sscience.2016.6391.6398
URL: https://www.makhillpublications.co/view-article/1818-5800/sscience.2016.6391.6398