Inflation, Operating Cycle, Cash Holding

Document Type : Research Paper


Department of Accounting, Khomein Branch, Islamic Azad University, Khomein ,Iran


The purpose of this paper is to examine the effects of inflation and operating cycle on cash holding in Tehran Stock Exchange in the period 2010 to 2014.The sample is comprised of 103 companies which are selected by systematic elimination method and total of 515 year-firm collected. In this study for testing the hypothesis is used of linear regression and correlation. To analyse data and test hypotheses is used of Eviews software. After designing and testing hypotheses for each main hypothesis, it was concluded that inflation and operational cycle has not a significant impact on the level of firm's cash holding. The results show no significant effect of inflation through the operating cycle on cash holding.


Main Subjects

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Volume 2, Issue 3
September 2017
Pages 79-90
  • Receive Date: 13 April 2017
  • Revise Date: 20 September 2017
  • Accept Date: 20 September 2017
  • First Publish Date: 20 September 2017