Measuring financial performance using new liquidity indices
Performance measurement has been considered as one of the most important subjects in accounting through separating management from ownership as well as emergence of the agency theory. The purpose of this paper is to investigate the role of new liquidity indices in evaluating of the financial perform...
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| Format: | Article |
| Language: | English |
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Growing Science
2014-09-01
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| Series: | Management Science Letters |
| Subjects: | |
| Online Access: | http://www.growingscience.com/msl/Vol4/msl_2014_238.pdf |
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| _version_ | 1849414532608294912 |
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| author | Fatemeh Sharifi Elham Taghipour |
| author_facet | Fatemeh Sharifi Elham Taghipour |
| author_sort | Fatemeh Sharifi |
| collection | DOAJ |
| description | Performance measurement has been considered as one of the most important subjects in accounting through separating management from ownership as well as emergence of the agency theory. The purpose of this paper is to investigate the role of new liquidity indices in evaluating of the financial performance. In the direction of realizing the research’s purposes, 4 hypotheses examine the relationships between new liquidity indices and firm’s financial performance. Using some linear regression techniques with some panel data, the study examines various hypotheses of this survey. The research’s statistical sample includes 67 firms over the period 2006-2011. Analysis of the hypotheses shows that hypotheses associated with comprehensive liquidity index have been supported. In addition, there are significant differences in financial performance in different industries. |
| format | Article |
| id | doaj-art-730c3b5e63044f08aa2fcd822b06c050 |
| institution | Kabale University |
| issn | 1923-2934 1923-9343 |
| language | English |
| publishDate | 2014-09-01 |
| publisher | Growing Science |
| record_format | Article |
| series | Management Science Letters |
| spelling | doaj-art-730c3b5e63044f08aa2fcd822b06c0502025-08-20T03:33:49ZengGrowing ScienceManagement Science Letters1923-29341923-93432014-09-01492139214410.5267/j.msl.2014.8.003Measuring financial performance using new liquidity indicesFatemeh SharifiElham Taghipour Performance measurement has been considered as one of the most important subjects in accounting through separating management from ownership as well as emergence of the agency theory. The purpose of this paper is to investigate the role of new liquidity indices in evaluating of the financial performance. In the direction of realizing the research’s purposes, 4 hypotheses examine the relationships between new liquidity indices and firm’s financial performance. Using some linear regression techniques with some panel data, the study examines various hypotheses of this survey. The research’s statistical sample includes 67 firms over the period 2006-2011. Analysis of the hypotheses shows that hypotheses associated with comprehensive liquidity index have been supported. In addition, there are significant differences in financial performance in different industries.http://www.growingscience.com/msl/Vol4/msl_2014_238.pdfNew liquidity indicesComprehensive liquidity indexCash conversion cycle indexNet liquidity balance indexFinancial performance |
| spellingShingle | Fatemeh Sharifi Elham Taghipour Measuring financial performance using new liquidity indices Management Science Letters New liquidity indices Comprehensive liquidity index Cash conversion cycle index Net liquidity balance index Financial performance |
| title | Measuring financial performance using new liquidity indices |
| title_full | Measuring financial performance using new liquidity indices |
| title_fullStr | Measuring financial performance using new liquidity indices |
| title_full_unstemmed | Measuring financial performance using new liquidity indices |
| title_short | Measuring financial performance using new liquidity indices |
| title_sort | measuring financial performance using new liquidity indices |
| topic | New liquidity indices Comprehensive liquidity index Cash conversion cycle index Net liquidity balance index Financial performance |
| url | http://www.growingscience.com/msl/Vol4/msl_2014_238.pdf |
| work_keys_str_mv | AT fatemehsharifi measuringfinancialperformanceusingnewliquidityindices AT elhamtaghipour measuringfinancialperformanceusingnewliquidityindices |