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This paper investigates the impact of working capital management (WCM) on firm performance among listed Iranian manufacturing firms, focusing on the direct and moderating roles of inflation and GDP variables. This study uses the ordinary least squares with robust standard errors to analyze panel...
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cycle /CCC/, working capital value /WC/ and the financial liquidity /CR/) and profitability of companies listed on the … significant non-linear relationship between WC, CR and profitability. When WC and CR values grow, profitability increases, but at … a slower pace. However, there is a linear negative relationship between CCC and profitability. The results are …
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