This study aims to examine the relationship between financial constraints and economic crises, and working capital management of companies listed in Tehran Stock Exchange (TSE) for the period of 2014-2015. Cash conversion cycle and net liquidity balance were used to assess working capital...

This paper proposes new tests for financing constraints on R&D investment by directly examining the role played by working capital in smoothing the R&D expenditures of firms listed on the Tel Aviv stock exchange. It emphasizes the importance of working capital, not only for use but also as a...

The aim of this paper is to identify the relationships between measures of working capital management (cash conversion cycle /CCC/, working capital value /WC/ and the financial liquidity /CR/) and profitability of companies listed on the Warsaw Stock Exchange. The research material consisted of...