The Effect of the Management Financial Control Systems on the Performance of the Companies Accepted in Tehran's Stock Exchange

The purpose of the present research is to examine the effect of a series of the management financial control tools including budget performance, variance analysis, standard costing and etc on nine performances (return on investment, profitability, cash flows from the activities of the company, costs control, development of the products, sales value, market share, development of the sales markets and development of the human resources) in the companies accepted in Tehran's stock exchange. The method of the research is a survey one in terms of data collection and is a descriptive one in terms of the data analysis and it was conducted using the questionnaire technique, the five-point Likert spectrum and the library resources. SPSS Software, duplicate 19 and F statistic and its level of significance were used to analyze data. The desirable sample size was 80 companies and 150 questionnaires were distributed among the samples to achieve this sample size and finally after collecting and evaluating the questionnaires, 74 questionnaires were accepted. The results of the research show that the management financial control systems affect on the rate of profitability, costs control and development of the human resources, but they don't affect on the return on investment, cash flows, development of the products, market share and the sales value of the companies.