Investigating the Factors Affecting Shareholder's Satisfaction from the Performance of Farming Joint Stock Companies

Farming joint stock companies are currently growing and spread of this type of Farming Systems is already on the agenda of government. In this paper, the shareholders’ satisfaction from the performance of farming joint stock companies was evaluated. To this end, Correlation and Regression techniques were used. This research is an applied one with a descriptive-analytical approach. For collecting data, two techniques of documentary and surveying method have been used. The population of this study consisted of all 1899 shareholders of four old Farming Joint Stock companies, out of which 325 members determined as sample using Cochran Formula and stratified random sampling technique. The analysis of data was done by using SPSS software. Satisfaction was estimated at four levels: unsatisfied, relatively unsatisfied, satisfied and very satisfied. Research findings indicated 48/1 and 17/9 percent of shareholders were "satisfied" and "very satisfied", respectively, from the performance of farming joint stock companies. Members’ satisfaction from the performance of farming joint stock companies was evaluated at moderate to high level. There was a statistically significant relationship between "participation in decision making","Mode of the personnel behavior","appointment of competent persons","Diversity of products" and "shareholders’ satisfaction" level. Results of regression analysis revealed that education level, the amount of dividends, participation in decision-making and appointment of competent persons explains 83 percent of changes that occur at the level of shareholders satisfaction.