A study on relationship between operating cash flows and performance evaluation criteria based on the theory of constraints (TOC) versus traditional method

Management Science Letters

关键词: Theory of constraints;    Tehran Stock Exchange;    Operating cash flow;    Performance measurement;   

DOI  :  10.5267/j.msl.2013.07.017

来源: DOAJ

【 摘 要 】

This study presents an empirical investigation to measure the relationship between traditional accounting performance measurement as well as theory of constraint-based figures with operating cash flow. Traditional accounting measurement includes net profit and return of investment and theory of constraint method includes net profit and return of investment based on theory of constraints. The study selects 69 firms list on Tehran Stock Exchange over the period 2000-2010. Using panel data and fixed effect, the study performs regression analysis and the results confirm that there was a positive relationship between net profit measured by theory of constraints and cash flow and it can be effectively used for performance measurement.

【 授权许可】

Unknown