Vrijednost poduzeća i odluke o obrtnom kapitalu

نویسندگان

چکیده

This study investigates the effects of working capital management decisions on market values using a sample data set containing annual measurements for 317 Turkish publicly traded companies between 2010 and 2018. Cash ratio, Current Net Working Capital, Conversion Cycle are used as indicators liquidity policies firms. The specified dynamic model is estimated System GMM estimator. findings show that firms can affect their by managing liquid assets efficiently. However, this relationship weakens cash holdings increase. In other words, long conversion cycle large amount net not considered negative signals investors if accompanied sufficient holdings. Hence, it be said help reduce impact investments firm value. found no evidence current ratio

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ژورنال

عنوان ژورنال: Management : Journal of Contemporary Management Issues

سال: 2023

ISSN: ['1331-0194', '1846-3363']

DOI: https://doi.org/10.30924/mjcmi.28.1.11