Mohammad Reza Abbaszadeh; Javad Rajabalizadeh; Mostafa Ghannad
Abstract
In firms with political connections, Related party transactions may be facilitate the goals of this. In other words, related party transactions in firms with political connections and existence influential members, could lead to abuse of company resources and therefore the earnings management. The purpose ...
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In firms with political connections, Related party transactions may be facilitate the goals of this. In other words, related party transactions in firms with political connections and existence influential members, could lead to abuse of company resources and therefore the earnings management. The purpose of this study, first, is examining the relationship between political connections and related party transactions, second, investigation the impact of political connections on relationship between the related party transactions and earnings management. In this paper, political connections are measured by factor analysis and including five variables: stock market value, assets book value, income taxes, number of employees and the insurance payment. In order to test the research hypotheses, we use 120 companies financial information in the Tehran Stock Exchange in the period 2010 to 2017 and analyze this information with multiple linear regression an panel data. The results showed a positive and significant relationship between political connections. also, not found significant relationship between related party transactions and earnings management, but with the addition of political connections, found positive relationship between the related party transactions and earnings management
Sh. Mashayekh; R. Mahavarpour
Volume 6, Issue 23 , October 2008, , Pages 107-122
Abstract
In this research the relation between ownership concentration and performance has been investigated so based on research conditions, 58 listed companies in TSE were selected and their information for the period of 1380-1383 was used. The regression model used in this research pooled cross ...
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In this research the relation between ownership concentration and performance has been investigated so based on research conditions, 58 listed companies in TSE were selected and their information for the period of 1380-1383 was used. The regression model used in this research pooled cross sectional and time series data. Panel data regression also is used to estimate related coefficient and models. Ownership concentration was determined by ownership percentage of institutional investors or block shareholders and performance was determined by stock return and earning per share. The results show that there is a significant relationship between ownership concentration and EPS, so it means that by increasing the percentage of ownership concentration, managements become more than before under control and consequently it cause firms' performances to become improved. The relation between ownership concentration and return criterion has also been examined and show that it is based on the different kinds of ownerships and different factors that effects on returns.
