@article{2018,title={An Investigation of the Relationship Between Risk, Return and Profitability of Companies With The Working Capital Strategies: An Empirical Study on Istanbul Stock Exchange},abstractNode={The main purpose of this study is to determine the relationship between the Capital Working Investment and Financing Strategies with Firm's Stock Return, Risk and Profitability. One of the most important purposes for companies is increasing profitability and market value. There is tight link between working capital and firm's profitability. The balance between profitability and liquidity is also an important factor in the success of working capital management. The establishment of this balance depends on the firms that which financing strategies will be applyed on. After the panel data were tested for stability and autocorrelation at the beginning of the study, the VIF method was used to determine whether, there was a multiple connection problem between the independent variables or not. After that White test is one of the other important preliminary tests of regression analysis that is done. Finally, after all these preliminary tests have been performed, regression analysis is performed to test the research assumptions. According to the results of the regression analysis, there is a direct relationship between IP and return and also there is reverse relationship between FP and return of the BIST firm's. On the other hand, there is an opposite direction between IP and RISK and a direct relationship between FP and RISK is found. Finally, the study shows that there is an opposite relationship between IP and profitability, and direct relationship between FP and profitability.},author={Turan ÖNDEŞ-& Eisa PAGHEH},year={2018},journal={Journal of Academic Value Studies (JAVStudies)}}