Original scientific paper
Empirical Study of the Relationship between Ownership Structure and Firm Performance: Some Evidence of Listed Companies in Tehran Stock Exchange
Godratallah Talebnya
; Islamic Azad University, Science and Research Branch, Tehran, Iran
Mahdi Salehi
; Zanjan University, Accounting and Management Department, Hidaj City, Zanjan Province, Iran
Hashem Valipour
; Islamic Azad University, Firooz Abad Branch, Marvdasht City, Fars Province, Iran
Shahram Shafiee
; Islamic Azad University, Marvdasht Branch, Iran
Abstract
The study of effective factors seems essential since, the operation of profiting entities is very important in the decision of internal and external organization users. The effect of various factors on the assessment scale of operation was measured in different researches, e.g. the structure of ownership. In this study, the relationship between three kinds of various structures of ownership including the structure of shareholder’s ownership and other firms and the structure of state ownership Q Tobin’s operation scale of listed firms in TSE was considered. The effect of firm’s age and size has considered as two control variables on the Q Tobin’s operation scale. In this study, the statistical population is listed firms in Tehran Stock Exchange (TSE).
Keywords
ownership; shareholders; investment organizations; State ownership; Tobin's Q
Hrčak ID:
78716
URI
Publication date:
1.5.2010.
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