TY  - JOUR
TT  - Relationship between Corporate Governance and CEO Compensation among Listed Firms in Tehran Stock Exchange
AU  - Irani, Mahroo
AU  - Gerayeli, Mehdi Safari
PY  - 2017
DA  - March
JF  - International Journal of Economics and Financial Issues
JO  - IJEFI
PB  - İlhan ÖZTÜRK
WT  - DergiPark
SN  - 2146-4138
SP  - 285
EP  - 292
VL  - 7
IS  - 1
KW  - executives’ compensation
KW  - ratio of non-executive board members
KW  - dichotomy of managing director responsibility
KW  - ownership of institutional investors
KW  - managerial ownership
N2  - This study aims to investigate the relationship between corporate governance and executives’ compensation. This is semi-empirical study and statistical sample of research was 95 companies listed in Tehran stock exchange from 2010 to 2014. Variables ratio of non-executive board members, dichotomy of managing director responsibility, ownership of institutional shareholders and managerial ownership were considered as independent variables. Factors influencing executives’ compensation were considered and the relationship between these variables was studied using multivariate regression. Findings show that there is significant relationship between duty of managing director, ownership of institutional investors and managerial ownership. However, there was no evidence for significant relationship between ratios of non-executive board members with executives’ compensation.
UR  - https://dergipark.org.tr/tr/pub/ijefi/issue//353188
L1  - https://dergipark.org.tr/tr/download/article-file/364179
ER  -