Working capital and enterprise risk policies

Subject Areas :

M.H Zohdi ¹ , هاشم Valipor ² , A.R SHahabi ³

1 - مربی دانشگاه ازاد اسلامی واحد زاهدشهر
2 - استادیار دانشگاه آزاد اسلامس واحد فیروز آباد
3 - کارشناس ارشد حسابداری

Received: 2015-05-10 Accepted : 2015-05-10 Published : 2011-02-20

Keywords:

Abstract :

The reason that most bankruptcy corporations' does not succeed is the unfavorable status and improper management of working capital. These corporations have good financial status in the long run, but because of incompetent working capital, are not able to compete with other corporations' and they expelled. Profit units are able to affect corporations' rate of cash by applying various policies in relation to working capital management. These strategies can affect rate of risk and their return. The present study survey the affect of policies of corporations' working capital over the rare of Companies risk. The Population in this research has the financial statements of accepted companies in Tehran Stock Exchange (TSE). In order to analyze data, panel analyzes and ANOVA were used. To measure the corporations' risk Beta criteria was considered. The results of this research reveal that, there is a significant and positive relation ship between the policies of working capital and corporations' risk. Other findings of the present research show that there is a significant and positive relation ship between corporations' size and risk.

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