Factors affecting the quality of corporate governance in listed companies in Tehran Stock Exchange

doi:10.22054/qjma.2020.5237.1197

Factors affecting the quality of corporate governance in listed companies in Tehran Stock Exchange

Document Type : Research Paper

https://doi.org/10.22054/qjma.2020.5237.1197

Abstract

This study examines the factors affecting the quality of corporate governance in listed companies in Tehran Stock Exchange. In order to achieve this goal a comprehensive index of 18 factors related to corporate governance, which are compatible with Iran's reporting environment as a measure of the quality of corporate governance, was prepared. By using a sample consists of 101 firms listed in Tehran stock exchange in the period of 1388 to 1392 and by taking advantage of multivariate regression techniques based on the pattern of the data grew, results showed that firm size, leverage and profitability have a significant positive effect on the quality of corporate governance. But firms' investment opportunities and quality of auditing don’t have a significant effect on the quality of corporate governance. Findings While filling the research gap in this area, Can be helpful for investors, securities and stock exchange organization, and other users of accounting information, In decision-making.

Keywords

"firm size"

"profitability"

"investment opportunities"

"quality of audit"

"quality of corporate governance"