Performance Evaluation Criteria in Different Ownership Structure of Listed Companies in Tehran Stock Exchange

The objective of present study is to investigate the relationship of ownership structure and performance evaluation criteria for listed companies in Tehran Stock Exchange. One way ANOVA and Tukey test in used to test the research hypotheses. The sample companies contain 102 listed firms over a five year period from 2010 to 2014. The result indicates that the main hypothesis, stating that performance evaluation criteria are significantly different among various ownership structures, is accepted. The findings of sub-hypotheses reveal that return on asset, return on equity, market to book value and market value added are significantly different among various ownership structures.