Evaluation of Relationship Between Disclosure Quality and Corporate Governance Quality in Tehran Stock Exchange

Present research has been conducted to analyze the relationship between quality of corporate governance and disclosure quality. This research is important because in Iran, very fewer researches have been conducted regarding the effects of corporate governance system quality on the quality of information disclosure. Therefore 80 active companies from Tehran stock exchange market have been chosen during the year 2006 to 2009. Corporate governance quality has been considered as independent variable and disclosure quality as dependent variable. To test the relationship between these two variables Pearson correlation coefficient and linear regression have been used. The results show that the company strategic quality has a positive effect on the companies' disclosure quality, which means that whenever the methods and works of the corporate governance system improved and strengthen there is more accuracy in disclosure by the companies.