文章基本信息

标题：The impact of product market competition on transactions with related parties and company performance
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作者：Mojtaba Asadi ; Norouz Norouzzadeh ; Mohsen Hamidian 等
期刊名称：Management Science Letters
印刷版ISSN：1923-9335
电子版ISSN：1923-9343
出版年度：2015
卷号：5
期号：3
页码：289-294
DOI：10.5267/j.msl.2015.1.010
出版社：Growing Science
摘要：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.
关键词：Tehran Stock Exchange; Product market competition; Competition; Herfindahl-Hirschman Index