International Joint Polish-Swedish Publication Service

The Relationship between of Family Ownership and Corporate Performance with Role of Political Connection

Mohammad Ajami, Ahmad Nateq Golestan

Abstract

The purpose of this research is to investigating the Relationship between Family Ownership and Corporate Performance with Emphasis on the Role of Political connection of Companies Accepted in Tehran Stock Exchange. The sample consists of 125 active companies in Tehran Stock Exchange during the period from 2011 to 2015, which has been selected by systematic elimination method. Which were a total of 625 years old. In this research, linear regression test was used to investigate the research hypotheses. To analyze the data and test the hypotheses of the research, software Eviews-6 has been used. The results indicate that family ownership through political connection affects the value of companies admitted to the Tehran Stock Exchange. Also, family ownership through political connection affects the return on assets of companies admitted to the Tehran Stock Exchange.

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