Document Type : Research Paper
Abstract
According to the general attitude of the impact of inflation in the country to cash holding and the professional attitude and changes in the Company's operations on the cash cycle that must be kept, in this study, we investigate the effects of inflation and the operating cycle of the main activities of the company to cash holdings in the company. Research done on ten-year period 1382 to 1392 for 118 companies. Research has two hypothesis that analyze using a multivariate regression model and the R statistical software. The results show a significant inverse relationship inflation and cash holdings, and there is no significant relationship between the company's operating cycle and cash holdings. According to the current situation in Iran not company's cash holding recommendation helps to effectiveness management function, the, also according to the second hypothesis, the company's operating cycle changes (including inventory) does not affect the company's cash holdings.
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