The Influence of ownership structure on corporate boards

Shahriar Faghekarimi¹ Mohammad Reza Nikbakht²

1) MSc of accounting, University of Qazvin
2) Associate Professor of Tehran University

Publication : International Conference On modern Researchs in Management, Economics and Accounting(1meaconf.com)
Abstract :
For many years in the past, economists assume that all groups were related to a company working for a common goal, but in the past thirty years, economists cases of conflict of interest between the group and how companies deal with these conflicts have been proposed. Board of Directors of the most important factors in controlling and monitoring the companys management and conservation of resources are considered to be shareholders. The purpose of this study is to examine the relationship Between Corporate boards and ownership structure among Listed Companies in Tehran Stock Exchange. To examine this issue the data of 99 companies listed in Tehran Stock Exchange for a period of Six years from 1387 to 1392 were analyzed. The results of research studies show, there is no significant relationship between ownership Concentration, Institutional ownership, managerial ownership, governmental ownership as measures of Ownership structure and board size as measures of board features. Also there is no significant relationship between ownership Concentration, Institutional ownership, managerial ownership, governmental ownership and outside directors.
Keywords : corporate governance board features ownership structure