The relationship between related party transactions and financial performance of companies listed in Tehran Stock Exchange

The study aimed to investigate the Related party transactions and financial performance of the companies listed in Tehran Stock Exchange. It involved the companies listed in Tehran Stock Exchange between 2009 and 2013 and space domain is of all companies listed in Tehran Stock Exchange. The independent variable deals with the transaction with the related parties, and dependent variable, with financial performance (return on assets). This research is of descriptive and correlative kind, in terms of objective, and of the nature and methods, respectively. Also, 78 companies using Morgan Table were selected as sample. In this study, to measure variables of related-party transactions, Choanal et al's method was used. In order to analyze research data, it was used ordinary least squares regression method with the software EVIEWS 7. The research results showed a significant relationship between related-party transactions and financial performance of companies listed in Tehran Stock Exchange.