Author/Authors :
Ola، Mohammad Reza نويسنده Department of Accounting, Mashhad branch , Islamic Azad university ,Mashhad ,Iran , , Ghavidel، Zeynab نويسنده Department of accounting, mashhad branch, Islamic azad university, mashhad , iran , , Taghipur، Mahdie نويسنده Student of Master degree in Accounting ,Islamic Azad University , Mashhad ,Iran ,
Abstract :
In order to achieve their goals, managers need financial resources. In some companies, corporate governance is used in management researches .The factors may affect upon capital structure .In the present research; we study the relationship between some particular features of corporate governance and the capital structure of the said producer companies in Tehran stock exchange. To do so, a sample of 30 exchange producer companies has been selected 2004 to 2011. The independent variables include ‘’ board size “ , “ board structure “ ,” director board meeting “ and “ the share of non-executive directors “ ; while dependent variables are considered as “ debt ratio ” ( as a criterion to capital structure ) .Multiple regression has been used to analyzing variables .The results show that capital structure is 34 % under the effect of its governance method and among the governance variables , board of directors has an effective influence on companies capital structure .
