The Relationship between the Cash Cycle and Capital Structure of Listed Companies in Tehran Stock Exchange

Cash was one of the main sources for the survival of the company. And it seems any company without access to right cash will benefit from the optimal performance. Previous research shows companies that are suitable in terms of liquidity that are more in profits and achieve higher financial performance have succeeded. In this study we aimed to investigate the relationship between cash cycle and capital structure of listed companies in Tehran Stock Exchange Information to the Audited Financial Statements Extracted companies listed on the Stock Exchange. Total of 594 firms -- year period between 1387 till 1392. The hypotheses were tested using SPSS software. The results showed that the correlation between cash and capital structure exists cycle