Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

Investigating The Effect Company Features On impact corporate governance on the Capital Structure,Company financial performance in Accepted admitted to Tehran Stock Exchange

Document Type : Original Article

Authors
Mehran Soltani 1
Mohsen Rahimi 2
1 noor hedayat
2 Institute of Higher Education Shahrekord Noor Hedayat
Abstract
Some researchers have concluded that larger firms have longer term debt and smaller
firms have more short term debt. Smaller firms tend to have lower leverage ratios and
have a positive relationship between asset size and long term debt ratios. Accounting
to hierarcherical theory companies with higher market value and more growth
opportunities use more debt. The purpose of this study is to investigate the moderating
role of company characteristics on the capital structure of companies listed on the
Tehran Stock exchange.For this purpose a sample consisting of 116companies listed
on the Tehran stock exchange in the period 2011 to 2018 was analyzed. Multivariate
regression and partial least squares method were used to test the research hypotheses.
The resukt showed that corporate governance has an effect on capital structure and
among the company only corporate growth affects the impact of corporate governance
on financial performance and other variables affect the impact of corporate
governance.
Keywords
Company Features
Corporate governance
Capital Structure
Company financial performance