عنوان مقاله [English]
نویسندگان [English]چکیده [English]
This research investigates the role of some corporate governance indices on firm
performance in Iranian Firm. In this paper, we use board independence and board
leadership as corporate governance indices and ROA, ROE, and EPS as firm
performance surrogates. Data from Tehran Stock Exchange (TSE) companies for the
2002-2006 financial years were used to test this hypothesis. We find no relation
between leadership structure and Iranian firms’ performance. Likewise, board
independence does not promote Iranian firms’ performance. Besides, both leadership
structure and board independence together do not impact the performance of Iranian
firms. Our examinations show the duality problem in 76 percent of sample firms.
And, about 60 percent of directors on the board are non-executive.