文章基本信息

标题：Measuring financial performance using new liquidity indices
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作者：Fatemeh Sharifi ; Elham Taghipour
期刊名称：Management Science Letters
印刷版ISSN：1923-9335
电子版ISSN：1923-9343
出版年度：2014
卷号：4
期号：9
页码：2139-2144
DOI：10.5267/j.msl.2014.8.003
出版社：Growing Science
摘要：Performance measurement has been considered as one of the most important subjects in accounting through separating management from ownership as well as emergence of the agency theory. The purpose of this paper is to investigate the role of new liquidity indices in evaluating of the financial performance. In the direction of realizing the research’s purposes, 4 hypotheses examine the relationships between new liquidity indices and firm’s financial performance. Using some linear regression techniques with some panel data, the study examines various hypotheses of this survey. The research’s statistical sample includes 67 firms over the period 2006-2011. Analysis of the hypotheses shows that hypotheses associated with comprehensive liquidity index have been supported. In addition, there are significant differences in financial performance in different industries.
关键词：New liquidity indices; Comprehensive liquidity index; Cash conversion cycle index; Net liquidity balance index; Financial performance