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Folia Oeconomica Stetinensia

The Journal of University of Szczecin

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The Relation of Working Capital and Fixed Assets: a Study

Mahdi Salehi
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  • Ph.D. Ferdowsi University of Mashhad, Iran Faculty of Economics and Business Administration Accounting Department Azadi Sq., Mashhad, Khorasan Razavi. P.O. Box: 9177948974. Iran
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Published Online: 2013-03-15 | DOI: https://doi.org/10.2478/v10031-012-0001-1


The present study aims to investigate the relationship between working capital changes and fixed assets with asset return of 120 manufacturing listed companies in Tehran Stock Exchange during 2006-2010. Pearson correlation and Regression test are employed to determine the kind of relationship between dependent and independent variables, hypotheses test and evaluating normality of data respectively. The outcomes of the study suggest that there is a significant relationship between working capital changes and fixed assets with assets return in the research community.

Keywords : Manufacturing companies; fixed assets; assets return; Tehran Stock Exchange

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About the article

Published Online: 2013-03-15

Published in Print: 2012-01-01

Citation Information: Folia Oeconomica Stetinensia, Volume 11, Issue 1, Pages 47–60, ISSN (Online) 1898-0198, ISSN (Print) 1730-4237, DOI: https://doi.org/10.2478/v10031-012-0001-1.

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