Relationship between the Investments in IT with Firm Financial Performance: Evidence from Tehran Stock Exchange

In present study, we examine the relationships between investment in information technology (IIT) and firm financial performance (FFP) of the listed companies on the Tehran Stock Exchange (TSE). Data were gathered from the audited financial statements of the firms provided by TSE's website from 2010 to 2015. The results of multiple linear regression analysis show that investments in information technology have significant effects on Return on Investment. Investment in information technology isn't significantly related to return on equity. Investments in information technology were significantly related to return on sales and sales growth. There is a no significant relationship between earnings per share and investment in information technology. Also, there is a no significant relationship between dividend per share and investment in information technology. However, the results of fuzzy regression analysis indicate significant relationships between the independent variable except financial performance (FFP).