The Relationship between Corporate governance and Conservatism in the Listed Companies in Tehran Stock Exchange

The aim of this study was to investigate the relationship between the components of corporate governance and accounting conservatism. Conservatism in this study ismeasured by Basu standard model. Corporate governance characteristics compared with non-duty members of the Board, CEO and Chairman of job separation and the ownershipof institutional shareholders has been used as independent variables. Research data, using the population consists of 106 companies listed in Tehran Stock Exchange analyzes for the period 2001 to 2006 using a combination of data and ordinary least squares regressionanalyzes. The results of the regression estimates suggest that the timing of the financial reporting of listed companies in Tehran Stock Exchange will affect the index of profitability. The results reject the hypotheses of the study and showed that significantrelationship does not exists between the proportion of non-duty members of the Board, CEO and Chairman of the Board and the task of separating ownership of institutional shareholders as a component of corporate governance and accounting conservatism

کلیدواژه ها:

corporate governance ، conservative ، non-duty members of the board of directors ، institutional shareholders