THE EFFECT OF EXTERNAL CORPORATE GOVERNANCE MECHANISMS OF AGENCY COSTS ON LISTED COMPANIES OF THE TEHRAN STOCK EXCHANGE

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

DAMOORI DARUSH; IZADI MINOO

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF ASSET MANAGEMENT AND FINANCING Year:2016 | Volume:4 | Issue:3 (14) Page(s): 59-76

Download Full-Text

Persian Verion

View:

673

Download:

Cites:

Information Journal Paper

Title

THE EFFECT OF EXTERNAL CORPORATE GOVERNANCE MECHANISMS OF AGENCY COSTS ON LISTED COMPANIES OF THE TEHRAN STOCK EXCHANGE

Author(s)

DAMOORI DARUSH | IZADI MINOO | Issue Writer Certificate

Keywords

CORPORATE GOVERNANCEQ1

INSTITUTIONAL OWNERSHIPQ1

DIVIDEND POLICYQ1

CAPITAL STRUCTUREQ1

PRODUCT MARKET COMPETITIONQ1

AGENCY COSTQ1

Abstract

The goal of this study is to investigate the simultaneous effects of DIVIDEND POLICY, leverage, INSTITUTIONAL OWNERSHIP, and PRODUCT MARKET COMPETITION as external supervision and control mechanisms of CORPORATE GOVERNANCE on AGENCY COST. In order to achieve this goal, we study 85 manufacturing companies among listed firms in the Tehran Stock Exchange during 1386-1391. To test the Hypothesis, panel data and Tobit regression model method is used. The results indicated that the PRODUCT MARKET COMPETITION and debt ratio negatively affect the AGENCY COST while INSTITUTIONAL OWNERSHIP positively affects AGENCY COST. However, dividend yield as a measure of DIVIDEND POLICY has no significant impact on AGENCY COST.

Cites

No record.

References

No record.

Cite

APA: Copy

DAMOORI, DARUSH, & IZADI, MINOO. (2016). THE EFFECT OF EXTERNAL CORPORATE GOVERNANCE MECHANISMS OF AGENCY COSTS ON LISTED COMPANIES OF THE TEHRAN STOCK EXCHANGE. JOURNAL OF ASSET MANAGEMENT AND FINANCING, 4(3 (14) ), 59-76. SID. https://sid.ir/paper/245585/en

Vancouver: Copy

DAMOORI DARUSH, IZADI MINOO. THE EFFECT OF EXTERNAL CORPORATE GOVERNANCE MECHANISMS OF AGENCY COSTS ON LISTED COMPANIES OF THE TEHRAN STOCK EXCHANGE. JOURNAL OF ASSET MANAGEMENT AND FINANCING[Internet]. 2016;4(3 (14) ):59-76. Available from: https://sid.ir/paper/245585/en

IEEE: Copy

DARUSH DAMOORI, and MINOO IZADI, “THE EFFECT OF EXTERNAL CORPORATE GOVERNANCE MECHANISMS OF AGENCY COSTS ON LISTED COMPANIES OF THE TEHRAN STOCK EXCHANGE,” JOURNAL OF ASSET MANAGEMENT AND FINANCING, vol. 4, no. 3 (14) , pp. 59–76, 2016, [Online]. Available: https://sid.ir/paper/245585/en

Related Journal Papers