The Effect of Ownership Structure on Cash Conversion Cycle in Listed Firms on Tehran Stock Exchange

Volume: 7 Number: 4 December 1, 2017
  • Elaheh Javadi
  • Hashem Nikoumaram
EN

The Effect of Ownership Structure on Cash Conversion Cycle in Listed Firms on Tehran Stock Exchange

Abstract

This study aims to investigate the effect of ownership structure in terms of ownership type and ownership concentrate on cash conversion cycle (CCC) in 115 listed firms on Tehran stock exchange between 2008 and 2014. The theoretical basis and the data used in this study were obtained through library research. Also, the hypotheses formulated in the present research were tested using correlation analysis based on multivariate regression analysis. The results obtained by testing the hypotheses show that there is a significant and negative correlation between institutional ownership and CCC and a significant and positive correlation between firm ownership and CCC. The results of the study also indicate that there is not a significant correlation between major shareholder ownership and CCC.

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Elaheh Javadi This is me

Hashem Nikoumaram This is me

Publication Date

December 1, 2017

Submission Date

December 1, 2017

Acceptance Date

-

Published in Issue

Year 2017 Volume: 7 Number: 4

APA
Javadi, E., & Nikoumaram, H. (2017). The Effect of Ownership Structure on Cash Conversion Cycle in Listed Firms on Tehran Stock Exchange. International Journal of Economics and Financial Issues, 7(4), 453-458. https://izlik.org/JA37RA78UL
AMA
1.Javadi E, Nikoumaram H. The Effect of Ownership Structure on Cash Conversion Cycle in Listed Firms on Tehran Stock Exchange. IJEFI. 2017;7(4):453-458. https://izlik.org/JA37RA78UL
Chicago
Javadi, Elaheh, and Hashem Nikoumaram. 2017. “The Effect of Ownership Structure on Cash Conversion Cycle in Listed Firms on Tehran Stock Exchange”. International Journal of Economics and Financial Issues 7 (4): 453-58. https://izlik.org/JA37RA78UL.
EndNote
Javadi E, Nikoumaram H (December 1, 2017) The Effect of Ownership Structure on Cash Conversion Cycle in Listed Firms on Tehran Stock Exchange. International Journal of Economics and Financial Issues 7 4 453–458.
IEEE
[1]E. Javadi and H. Nikoumaram, “The Effect of Ownership Structure on Cash Conversion Cycle in Listed Firms on Tehran Stock Exchange”, IJEFI, vol. 7, no. 4, pp. 453–458, Dec. 2017, [Online]. Available: https://izlik.org/JA37RA78UL
ISNAD
Javadi, Elaheh - Nikoumaram, Hashem. “The Effect of Ownership Structure on Cash Conversion Cycle in Listed Firms on Tehran Stock Exchange”. International Journal of Economics and Financial Issues 7/4 (December 1, 2017): 453-458. https://izlik.org/JA37RA78UL.
JAMA
1.Javadi E, Nikoumaram H. The Effect of Ownership Structure on Cash Conversion Cycle in Listed Firms on Tehran Stock Exchange. IJEFI. 2017;7:453–458.
MLA
Javadi, Elaheh, and Hashem Nikoumaram. “The Effect of Ownership Structure on Cash Conversion Cycle in Listed Firms on Tehran Stock Exchange”. International Journal of Economics and Financial Issues, vol. 7, no. 4, Dec. 2017, pp. 453-8, https://izlik.org/JA37RA78UL.
Vancouver
1.Elaheh Javadi, Hashem Nikoumaram. The Effect of Ownership Structure on Cash Conversion Cycle in Listed Firms on Tehran Stock Exchange. IJEFI [Internet]. 2017 Dec. 1;7(4):453-8. Available from: https://izlik.org/JA37RA78UL