Title of article
The impact of product market competition on transactions with related parties and company performance
Author/Authors
Asadi، Mojtaba نويسنده Masters Student, Department of Management and Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran , , Nouralahzadeh، Norouz نويسنده Faculty Member, Department of Management and Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran , , Hamidian، Mohsen نويسنده Assist. Prof. & Faculty Member, Department of Accounting, School of Management and Accounting, South Tehran Branch, Islamic Azad University (IAU), Tehran, Iran ,
Issue Information
ماهنامه با شماره پیاپی 39 سال 2015
Pages
6
From page
289
To page
294
Abstract
This paper presents an empirical investigation on the effect of product market competition on transactions with related parties and company performance. The study selects a sample of 250 randomly selected firms whose common shares were traded on Tehran Stock Exchange. The study uses Herfindahl-Hirschman Index (HHI) to measure the market concentration and uses historical information over the period 2008-2012 to examine the hypotheses of the survey. Using simple regression analysis, the study has detected a positive relationship between HHI and related party transactions. In addition, the study has detected a negative relationship between competition and company performance measured by return on assets.
Journal title
Management Science Letters
Serial Year
2015
Journal title
Management Science Letters
Record number
1886263
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