Investigating the Relationship Between Corporate Governance Mechanism and Value Added Companies Accepted in Tehran Stock Exchange
Zahra Rahimi
Abstract
One of the objectives of financial reporting is to provide information that is useful for investors, creditors and other current and potential users in investment and credit decision making and other decisions. The purpose of this study was to investigate the relationship between corporate governance and value added of listed companies in Tehran Stock Exchange. The research method used is a descriptive, survey-correlation type. The statistical sample of this study was 94 firms in Tehran Stock Exchange and the method of systematic sampling was systematic. The research data were collected in two ways: library and facsimile, and the tools used in T-Shirzad software and Comprehensive Information Bank of Tehran Stock Exchange. Also, for data analysis, data integration method using Eviews software has been used. The results showed that there is a significant relationship between the duality of the CEO's duty and the economic value of the companies accepted in Tehran Stock Exchange. There is no significant relationship between the concentration of ownership and the economic value of the companies accepted in Tehran Stock Exchange. There is a meaningful relationship between managerial ownership and the economic value of the listed companies in Tehran Stock Exchange
Keywords: Corporate Governance, Value Added, Tehran Stock Exchange.
