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The Strategic Investment Of Corporate Governance In Improving The Stock Profitability

Author

Listed:
  • ZADEH Amir Mohammad

    (University of Tehran, Iran)

  • ABBASI Ebrahim

    (Alzahra University, Iran)

Abstract

Corporate governance is one of the most important issues to which has been paid attention by big companies due to the massive financial scandals of recent years. Corporate governance includes supervising the company management, separating the economic units from its ownership and protecting investors’ and benefiters’ rights. The research goal is to assess the relation between some corporate governance mechanisms and stock profitability. The research independent variables are: institutional ownership, ownership concentration and board size. The stock return is dependent variable. The research statistical society includes all investors who have visited Tehran stock exchange to buy and sell shares in 2012. The sampling is done randomly. The data collection is done using field and library methods by distributing questionnaires among 130 stock investors. Finally, according to the collected data, the research hypotheses are assessed and analyzed through descriptive and inferential statistics. The SPSS software is used to analyze the collected data.

Suggested Citation

  • ZADEH Amir Mohammad & ABBASI Ebrahim, 2014. "The Strategic Investment Of Corporate Governance In Improving The Stock Profitability," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 9(2), pages 135-150, August.
    • Handle: RePEc:blg:journl:v:9:y:2014:i:2:p:135-150
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    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/9215zadeh&abbasi.pdf
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    References listed on IDEAS

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    2. Steen Thomsen & Torben Pedersen, 2000. "Ownership structure and economic performance in the largest european companies," Strategic Management Journal, Wiley Blackwell, vol. 21(6), pages 689-705, June.
    3. Abu-Tapanjeh, Abdussalam Mahmoud, 2009. "Corporate governance from the Islamic perspective: A comparative analysis with OECD principles," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 20(5), pages 556-567.
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