%0 Journal Article
%T The Impact of Corporate Governance on Firm Performance: Evidence from Iran.
%A Fatemeh. Mehrabani
%A Yadollah. Dadgar
%J International Journal of Trends in Economics Management and Technology
%D 2013
%I International Journal of Trends in Economics Management and Technology
%X This paper considers three main purposes: examiningcorporate governance in listed companies on Tehran StockExchange (TSE), calculating the corporate governance qualityindex for 9 selected industries on TSE, and examining the impactof corporate governance (CG) and its indices on the performanceof 110 selected companies listed on TSE over the period from2001 to 2010. The main conclusions to be drawn from this studyare as follows: First a deep gap exists between CG and relevantlaws in Iran and the international standards which necessitatereforming the governance laws and regulations in Iran's capitalmarket. Second the CG quality index calculated for mostindustries is very low which indicates weak financial system andunclear performance of selected companies. Third theexamination of the effect of CG indices on the selected firms'performance suggests that most of these indices affect theperformance positively and the positive relation between CG andperformance is approved was recognized.
%K component
%K corporate governance
%K transparency
%K commitment
%K corporate governance quality index
%K firm performance
%K Tehran Stock Exchange (TSE)
%U http://www.ijtemt.org/proceedings_vol2_issue3/The%20Impact%20of%20Corporate%20Governance%20on%20Firm%20Performance_%20Evidence%20from%20Iran.pdf