Effect of Board Characteristics on Corporate Illegality (Evidence from Tehran Stock Exchange)
Subject Areas : Journal of Investment Knowledge
mina nouri sefat
1
(
1. Graduate MSc of Accounting, Islamic Azad university, Lamerd, Fars, Iran
)
abbas allahyari
2
(
Member of the faculty of Islamic Azad University of Lamerd
)
Saleh shahabi
3
(
3. Member Of faculty Of Islamic Azad university, Llamerd Unit, Fars, Iran
)
Keywords: illegal practices, multiple assignments of managers, Logistic model, Board features, board meetings,
Abstract :
Today, one of the most important reasons for the effectiveness of the board of directors should be their composition and attributes such as size, independence of members, number of members in other teams, gender structure of the composition of the board, the average age of the combination, and such cases. The purpose of this research is to investigate the impact of the Board of Directors on the unlawful actions of the company. statistical data between 2011 and 2016 are among the companies listed in tehran stock exchange. The board's features and illegal actions of the company are considered as the variables of this research. statistical sample of the systematic method of all companies in tehran stock exchange The number of 21 companies has been selected. The research method was descriptive-correlational and historical data were extracted from financial reports and corporate reports, finally, the statistical analysis was carried out by Eviews software, version 9 and using the logistic model. The results of the research show that the characteristics of the board of directors have a significant effect on the company's illegal actions.
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