مطالعه تأثیرنوع صنعت برروی روابط حاکمیت شرکتی و بهره‌وری شرکت‌ها
محورهای موضوعی : مدیریت بازرگانی
فرزین جعفری
1
(استادیار وعضو هیأت علمی گروه حسابداری، دانشگاه رجاء قزوین)
حسن همتی
2
(دانشجوی کارشناسی ارشد حسابداری دانشگاه آزاد اسلامی واحد علوم و تحقیقات همدان)
کلید واژه: حاکمیت شرکتی, بهره وری کل شرکت, نوع فعالیت صنعت, اندازه هیأت‌مدیره, تمرکزمالکیت,
چکیده مقاله :
موضوع مقالۀ حاضرمطالعه تأثیر نوع صنعت بر روی روابط حاکمیت شرکتی و بهره وری شرکت ها می باشد. در این پژوهش به بررسی رابطه بین نوع فعالیت صنعت و حاکمیت شرکتی و بهره وری کل با حضور و بدون حضور متغیرهای کنترل پرداخته شده است. قلمرو مکانی تحقیق شامل شرکت های پذیرفته شده دربورس اوراق بهادار تهران می باشد. قلمرو زمانی نیز فاصله بین سال های 1382تا1390 را در برمی گیرد. تحقیق شامل یک متغیر مستقل (نوع صنعت)، و دو متغیر وابسته (حاکمیت شرکتی و بهره وری کل) و متغیرهای کنترل می باشد. در فرضیه اول رابطه بین تمرکز مالکیت و بهره وری کل و در فرضیه دوم رابطه بین اندازه هیأت مدیره و بهره وری کل و در فرضیه سوم رابطه بین نوع فعالیت صنعت و بهره وری کل در مدل تحقیق وارد شده و معناداری آنها بررسی گردید. نتیجه حاصل از آزمون نشان داد که بین تمرکز مالکیت و بهره وری کل رابطه معنادار منفی و بین اندازه هیأت مدیره و بهره وری کل رابطه معنادار مثبت و بین نوع فعالیت صنعت و بهره وری کل رابطه معنادار منفی وجود دارد.
The subject of this thesis is "Studying the Effect of Industry Type on the Relationships between Corporate Governance and Companies Productivity ".In this study the relationship between the type of industry activity and corporate governance and productivity with and without control variables were discussed. The territorial scope of the research includes the registered companies in the Tehran Stock Exchange. Moreover, the time of the study of the companies refers to the period from 2003 to 2012.The research included an independent variable (type of industry), and two dependent variables (productivity and corporate governance) and the control variables. In the first hypothesis the relationship between ownership concentration and total productivity and in the second hypothesis, the connection between the board of directors size (board size) and total productivity and finally, in the third hypothesis the relation between the type of industry activity and productivity were included in the research model and their significance was examined. The result showed that there was a significant negative relation between ownership concentration and productivity, a significant positive relation between the board size and total factor productivity and a significant negative relation between the type of industrial activity and productivity
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- Ashary. N., Koh, H. C., Tan, S. L., & Wong, W. H. (1994). Factors Affecting Income Smoothing among Listed Companies in Singapore.
- Barth, E., Gulbrandsen, T., & Schne, P. (2005). Family Ownership and Productivity: the Role of Owner-Management. Journal of Corporate Finance, 11, 107-127.
- Bhagat, S., & Bolton, B. J. (2008). Corporate Governance and Firm Performance. Finance, 14, 257-273
- Chou, J, Ng, L., Sibilkov, V., & Wang, Q. (2011). Product Market Competition and Corporate Governance: Jreview Composition, and Corporate Governance. Juornal Reviw of Development Finance, 1, 114-130
- Demsetz, H., & Lehn, K. (1985). The Structur of Corporate Ownership: Causes and Conscquenccs. Journal of Political Economy, 93, 1155-1177.
- Etemadi, H., Mehrabi Kushki., A., & Gangi, H. R. (2009). The Evaluation of Relationship Between Labor Productivity and Stock Returns of Companies in Tehran Stock Exchange. Journal of Public Administration Perspective, 33, 85-103, (In Persian).
- Gloria, Y., & Garry, T. (2011). Corporate Governance, External Market Discipline and Firm Productivity. Journal of Corporate Finance, 17, 403-417.
- Gompers, P., Ishii, J., & Metric, A. (2003). Corporate Governance and Equity Prices. Quarterly Journal of Economics, 1, 107-155.
- Guadalupe M., & Perez-gonzales, F. (2010). Competition and Private Benefits of Ccontrol. Working Paper Columbia University.
- Hassas Yegane, Y. (2005). Theoretical Foundations of Corporate Governance. Accountants, 168, (In Persian).
- Hassas Yegane, Y. (2006). The Effect of Culture on the Corporate Governance System. Accountants, 172, 19-21, (In Persian).
- Hermalin, B. E., & Weisbach, M. S. (1991). The Effects of Board Composition and Direct Incentives on Firm Performance. Financial Management Association, 20, 101–112.
- Heydari, A., & Hajarian, M. (2004). Strategies for Implementing Corporate Governance Principles in Iran. Accountants, 162, 56-59, (In Persian).
- Izadinia, N., & Resaeian, A. (2010). The Relationship Between Some of the Regulatory Instruments for Company Leadership and Economic and Finance Performance Investigation Criteria. Quarterly Journal of Acconnting Knowledge, 1, 53-72, (In Persian).
- Jahankhani, A., & Parsaeian, A. (2008). Stock Exchange in Tehran. Tehran: Tehran Univercity, (In Persian).
- Kapopoulos, P., & Lazaretou, S. (2007). Corporate Ownership Structure and Firm Performance: Evidence from Greek Firm. Corporate Governance: An International Review, 2, 144-158.
- Karuna, C. (2007). Industry product-Market Competition and Corporate Governance. Working Paper, University of California.
- Kumbhakar, S. C., & Lovell, C. (2000). Stochastic Frontier Analysis. Cambridge. Cambridge University Press.
- Maher, M., & Andersson, T. (2000). Corporate Governance: Effects on Firm Performance and Economic Growth. Working Paper.
- Martickainen, M., Nikkinen, J., & Vahamaa, S. (2009). Production Functions and Productivity of Family Firms: Evidence from the S&P500, Finance, 49, 295-307
- Mehrabani, V. (2011). The Role of Competitiveness in the Developments of Industrial Sector Productivity. Iranian Journal of Economic Research, 1, 171-192, (In Persian).
- Moghadasi, A. (2011). How to Manage Productivity?. Industry and Entrepreneurship, 64, 1-15, (In Persian).
- Muth, M. M., & Donaldson, L. (1998). Steward Theory and board structure: A contingency approach. Corporate Governance, 6, 5-28.
- Namazi, M., & Kermani, E. (2008). The Effect of Ownership Structure on the Performance of Companies Accepted in the Tehran Stock Exchang. The Iranian Accounting and Auditing Review, 53, 83-100, (In Persian).
- Nikbakht, M. R., Seyyedi, S. A., Hashem Hosseyni, R. (2010). The Evaluation the Effect of Board Members on the Performance of the Company. Journal of Accounting Advances, 1, 251-270, (In Persian).
- Ramsay, I., & Blair, M. (1993). Ownership Concentration, Institutional Investment and Corporate Governance: An Empirical Investigation of 100 Australian Companies. Melbourne University law Review, 19, 153-194
- Solow, R. (1957). Technical Change and the Aggregate Production Function. Review of Economics and Statistics, 39, 312-320.
- Www.Effective governance.com./Governance-Review.Html.
- Www.Td.com./governance.
- Www.Emergingmarketsesg.net/.../Three-Models-of-Corporate-Governance.