A study on relationship between cash opportunity cost and financial flexibility
This study evaluated the relationship between cost and performance yield investment opportunities, cash and financial flexibility bank pays. For this study, a sample of 94 companies from companies that are part of corporate clients BSI was selected using random sampling technique. In addition, to me...
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| Format: | Article |
| Language: | English |
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Growing Science
2014-07-01
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| Series: | Management Science Letters |
| Subjects: | |
| Online Access: | http://www.growingscience.com/msl/Vol4/msl_2014_173.pdf |
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| _version_ | 1849691557205114880 |
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| author | Hassan Ghodrati Syed Ali Lajevardi Abbas Gaeini |
| author_facet | Hassan Ghodrati Syed Ali Lajevardi Abbas Gaeini |
| author_sort | Hassan Ghodrati |
| collection | DOAJ |
| description | This study evaluated the relationship between cost and performance yield investment opportunities, cash and financial flexibility bank pays. For this study, a sample of 94 companies from companies that are part of corporate clients BSI was selected using random sampling technique. In addition, to measure the performance, three measures of economic value added, return on assets and return on equity were used. The study evaluated the relationship between cash and the opportunity cost efficiency as well as financial flexibility to invest in BSI over the period 2007-2012. Statistical methods used in this study were panel data regression. Four hypotheses were proposed to achieve the goals and the results showed that the opportunity cost of holding cash investments with financial flexibility and efficiency were inversely associated with financial performance. |
| format | Article |
| id | doaj-art-e1d56e30e8ea4d57a3618f196bda3474 |
| institution | DOAJ |
| issn | 1923-2934 1923-9343 |
| language | English |
| publishDate | 2014-07-01 |
| publisher | Growing Science |
| record_format | Article |
| series | Management Science Letters |
| spelling | doaj-art-e1d56e30e8ea4d57a3618f196bda34742025-08-20T03:20:59ZengGrowing ScienceManagement Science Letters1923-29341923-93432014-07-01471467147610.5267/j.msl.2014.6.017A study on relationship between cash opportunity cost and financial flexibilityHassan GhodratiSyed Ali LajevardiAbbas GaeiniThis study evaluated the relationship between cost and performance yield investment opportunities, cash and financial flexibility bank pays. For this study, a sample of 94 companies from companies that are part of corporate clients BSI was selected using random sampling technique. In addition, to measure the performance, three measures of economic value added, return on assets and return on equity were used. The study evaluated the relationship between cash and the opportunity cost efficiency as well as financial flexibility to invest in BSI over the period 2007-2012. Statistical methods used in this study were panel data regression. Four hypotheses were proposed to achieve the goals and the results showed that the opportunity cost of holding cash investments with financial flexibility and efficiency were inversely associated with financial performance.http://www.growingscience.com/msl/Vol4/msl_2014_173.pdfOpportunity cost of holding cashBank performanceEfficiency investmentsFinancial flexibilityBSI |
| spellingShingle | Hassan Ghodrati Syed Ali Lajevardi Abbas Gaeini A study on relationship between cash opportunity cost and financial flexibility Management Science Letters Opportunity cost of holding cash Bank performance Efficiency investments Financial flexibility BSI |
| title | A study on relationship between cash opportunity cost and financial flexibility |
| title_full | A study on relationship between cash opportunity cost and financial flexibility |
| title_fullStr | A study on relationship between cash opportunity cost and financial flexibility |
| title_full_unstemmed | A study on relationship between cash opportunity cost and financial flexibility |
| title_short | A study on relationship between cash opportunity cost and financial flexibility |
| title_sort | study on relationship between cash opportunity cost and financial flexibility |
| topic | Opportunity cost of holding cash Bank performance Efficiency investments Financial flexibility BSI |
| url | http://www.growingscience.com/msl/Vol4/msl_2014_173.pdf |
| work_keys_str_mv | AT hassanghodrati astudyonrelationshipbetweencashopportunitycostandfinancialflexibility AT syedalilajevardi astudyonrelationshipbetweencashopportunitycostandfinancialflexibility AT abbasgaeini astudyonrelationshipbetweencashopportunitycostandfinancialflexibility AT hassanghodrati studyonrelationshipbetweencashopportunitycostandfinancialflexibility AT syedalilajevardi studyonrelationshipbetweencashopportunitycostandfinancialflexibility AT abbasgaeini studyonrelationshipbetweencashopportunitycostandfinancialflexibility |