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Bakht, Snor Khosh
- Corporate Governance and Management Earning Forecast: The Case of Tehran Stock Exchange
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Authors
Affiliations
1 Department of Accounting, Science and Research Branch, Islamic Azad University, West Azarbyjan, IR
2 Department of Accounting, Urmia Branch, Islamic Azad University, Urmia, IR
1 Department of Accounting, Science and Research Branch, Islamic Azad University, West Azarbyjan, IR
2 Department of Accounting, Urmia Branch, Islamic Azad University, Urmia, IR
Source
International Journal of Business Analytics and Intelligence, Vol 2, No 1 (2014), Pagination: 24-35Abstract
The purpose of this study is to find the ways to increase management earning forecast preciseness. Corporate governance is regarded as a tool for this purpose. However, this study examines the relation between some components of the corporate governance mechanisms (outside board of director, institutional ownership, duality, auditor quality, firm's age, and firm's ranking in organisation of industrial management) and accuracy of earning forecast by management. The sample of study consists of 53 companies listed in Tehran Stock Exchange during the years of 2007-2012. To test research Hypothesis, multiple linear regression models are used. Research findings indicate that outside board of director, audit quality and firm's age have positive impact and duality, institutional ownership, corporate ranking in organisation of industrial management have no impact on accuracy of earnings forecast.Keywords
Corporate Governance, Management Earning Forecast and Tehran Stock Exchange.
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