The Effect of Selection of Governing Elements on the Pricing of Shares of Companies Approved by Tehran Stock Exchange: A Case Study of Initial Public Offering Companies
Member of the scientific Board of Accounting, University of Bojnord
Abstract
The purpose of this paper is to investigate the effect of employing founders and trustees of business unitsas supervisors and decision makers ofthe economic unit on the pricing of stocks at the time of entry into Tehran Stock Exchange. In other words, the present studyaims to examine the impact of governing elements on stock price. The research sample includes 127 state and private companies publicly offered in Tehran Stock Exchange from 1382 to 1395. Findings indicate that lower pricing of shares in the stock companies in Tehran Stock Exchange is not affected by the presence of founders in the board of directors, the presence of founders in as governing elements and the size of the board of directors. The results of the research show the proper functioning of the stock exchange's regulatory position in valuing and protecting the owners' rights.
Kamali Kermani,N. (2019). The Effect of Selection of Governing Elements on the Pricing of Shares of Companies Approved by Tehran Stock Exchange: A Case Study of Initial Public Offering Companies. Accounting and Auditing Studies, 8(29), 89-102.
MLA
Kamali Kermani,N. . "The Effect of Selection of Governing Elements on the Pricing of Shares of Companies Approved by Tehran Stock Exchange: A Case Study of Initial Public Offering Companies", Accounting and Auditing Studies, 8, 29, 2019, 89-102.
HARVARD
Kamali Kermani N. (2019). 'The Effect of Selection of Governing Elements on the Pricing of Shares of Companies Approved by Tehran Stock Exchange: A Case Study of Initial Public Offering Companies', Accounting and Auditing Studies, 8(29), pp. 89-102.
CHICAGO
N. Kamali Kermani, "The Effect of Selection of Governing Elements on the Pricing of Shares of Companies Approved by Tehran Stock Exchange: A Case Study of Initial Public Offering Companies," Accounting and Auditing Studies, 8 29 (2019): 89-102,
VANCOUVER
Kamali Kermani N. The Effect of Selection of Governing Elements on the Pricing of Shares of Companies Approved by Tehran Stock Exchange: A Case Study of Initial Public Offering Companies. Accounting and Auditing Studies, 2019; 8(29): 89-102.
