摘要：The purpose of this study is to investigate the effect of type of company's strategy on the reward of management and performance of companies. This research is library study and analytical-comparative and based on analysis of panel data (panel data). In this study, the financial data of 102 companies listed on the Tehran Stock Exchange during the period 2009 to 2014 is investigated (612 company - year). Software of Spss 20, Eviews 7and Minitab 16 has been used to analyze the results of the study. The results of the study in relation to the confirmation of the first hypothesis can be concluded that there is a significant and positive relationship between the type of company's strategy and companies' management reward. And also the results of the study in relation to the confirmation of second hypothesis can be concluded that there is a significant and positive relationship between the type of company's strategy and companies' performance and then, in relation to the confirmation of the third hypothesis can be concluded that there is a significant and positive relationship between the type of company's strategy and long-term incentives of companies' investment and finally, according to the analysis made in relation to the confirmation of fourth hypothesis can be concluded that there is a significant and positive relationship between the company's strategy and performance-based reward
关键词：Type of companies' strategy; companies' management reward; companies' performance; reward based on long-term performance and incentives of investors and panel data
