M.A. Thesis:

Product market competition, state ownership and internal control quality

Competition in the product market is an important mechanism of market competition and an external limitation mechanism of corporate governance or corporate ownership. On the other hand, in recent years, the impact of internal control quality on company strategic decisions and the value of these decisions have been increasingly taken into account. The main goal of this research is the investigation of the relationship between Product market competition, state ownership and internal control quality. To carry out the study, the data of 111 active companies in the Stock Exchange was collected and analysed using R software from 2012 to 2016. The research method is multivariate regression using panel data. According to the research findings and the statistical tests at the error level of p=5%, it can be said that there is not a meaningful relationship between state ownership and internal control quality, while the .Product market competition has a meaningful effect on the internal control quality

Keywords: Product market competition, state ownership, internal control quality