M.A. Thesis:

political connection and firm value whit the role of internal control moderation

The concept of value has long existed since the time when human beings were engaged in trade and the accumulation of capital and wealth. Investors can make better decisions by using accounting information about company value. Determining value is one of the key factors in the investment process. Because investors turn their cash assets into securities of the same type. The value of companies can be influenced by a variety of factors, one of these important and significant factors of political communication (political coupling with the state). The purpose of this study was to Political connections and firm value whit the role of internal control moderation . The statistical population of the research is from 2014 to 2018 using a sample of 90 companies admitted to the Tehran Stock Exchange.The results of the assumptions test were tested using multivariable regression model. The results of the first hypothesis test indicated that there is a positive and meaningful relationship between the political relations and the company's value at 95% confidence level. Also, the results showed that internal control has a negative and significant effect on the relationship between political relations and company value.

Keywords: Political connections, firm value, internal control