International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

 

The Evaluation of Corporate Governance Monitoring Mechanisms on Capital Structure in Tehran Stock Exchange
Zahra Mousavi, Azam Jari, Saied aliahmadi

Abstract
The aim of this study is to evaluate corporate governance monitoring mechanisms (board of direction size, institutional ownership and ownership concentration) on capital structure in Tehran Stock Exchange (TSE). To test the research hypotheses, 90 companies from manufacturing industries had been selected through random sampling during 2007 to 2009. For analyzing and testing hypotheses, two regression models and panel data method were used. Research results show that there is a significant relationship between institutional ownership and leverage but the other variables don't have relationship with capital strucrure.

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