This paper investigates the relationship between working capital management, corporate performance and operating cash flow. The relationship is examined using dynamic panel data analysis. The analysis based on a sample of 5802 U.S. non-financial firms listed in the New York Stock Exchange,...

The primary aim of this paper is to examine characteristics of stocks that hit the limits listed in the Tokyo Stock Exchange. We analyse the characteristics of stocks that hit the limits more frequently, the characteristics of stocks that hit the upper limits and the characteristics of stocks...

This study aims to examine regularities of price limit hits for stocks listed in the TSE. Regularities of limit hits have not been examined before. The results show an increase of limit hits on Monday and Tuesday. These results of limit hits are consistent with the existing literature for the...

The objectives of this study are to measure the level of voluntary disclosure provided in the annual reports of Jordanian companies and to examine the impact of disclosure level on the stock market liquidity using Jordanian data. To achieve the first objective, a self-constructed disclosure...

Although the operating cycle, the cash conversion cycle, and the net trade cycle are more comprehensive measures of working capital management compared with traditional measures such as the current ratio and the quick ratio, these measures do not consider the optimal points of payables,...

This study investigates the market reaction to dividend change announcements for the period 1996 to 2002 at Amman Stock Exchange. Event study methodology is applied to examine the significance of mean abnormal return on and around the announcement date, thin, trading model of Scholes and...

This study examines the relationship between working capital management, profitability, firm size and industry type for firms in Japan. The study sample consists of 2123 Japanese non-financial firms listed at the Tokyo Stock Exchange for the period 1990-2004. We observe that the cash conversion...