M.A. Thesis:

Institutional Ownership Supervision; cash ratio, leverage, firm value

Creating value and increasing shareholder wealth in the long run is one of the most important goals of companies. Investors are always keen to know the extent to which managers are successful in using their capital as well as the quality of a company's financial reporting. The main purpose of this study was to determine the impact of institutional shareholder supervision, cash holdings, financial leverage, and firm value on the Tehran Stock Exchange. The study was conducted for a period of 5 years from 2014 to 2018 in 135 companies. Sample data of the companies studied were analyzed by Excel using software and analyzed by Aviv software. The results showed a positive relationship between institutional shareholder supervision with financial costs and profit sharing, but no relationship was found between institutional shareholder supervision with financial leverage and cash holdings. Hypotheses 5 to 7 also examined the moderating effect of institutional shareholder supervision on the relationship between variables, such that institutional shareholder control moderates the relationship between financial cost and cash holding, and the relationship is positive and significant, and institutional shareholder relationship between variables. Adjustment of cash and firm value moderated, and the relationship was negative and significant, and institutional shareholder supervision had no effect on the relationship between dividend and cash holdings.

Keywords: Institutional Shareholder Supervision, Cash Retention, Financial Leverage, Financial Costs, Company