Authors : Ebrahim Mansoori and Omid Mansoori
Abstract: The present study examines the working capital procedures of companies listed in Tehran Stock Exchange (TSE).The population consisted of all manufacturing companies listed on the TSE atthe end of year 2013.The standard survey questionnaires were mailed to all sample firms.Testing hypotheses, Chi-square test is used. The results of the research have compared with similar results of previous studies on USA, Canadian and Australian companies. We find that most of Iranian companies use unofficial working capital policies in compare to these countries. Moreover, the results also showed that Iranian companies are more risk-averse for managing working capital and is associated with more conservative policies.In addition, Iranian companies have no scheduled programming to use the Just in Time (JIT) techniques to manage their inventories.
Ebrahim Mansoori and Omid Mansoori, 2016. Working Capital Management Policies of Listed Companies in the Tehran Stock Exchange. International Business Management, 10: 3108-3112.