A Survey of the Relationship between Corporate Governance with Created Shareholder Value (CSV) and Economic Value Added (EVA)
Subject of this paper is surveying of the relationship between some of the corporate governance mechanisms and created shareholder value (CSV) and economic value added (EVA). In this study, the created shareholders value measured by using Fernandez (2001) model and Economic value added measured by u...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
| Published: |
University of Tehran
2012-07-01
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| Series: | بررسی‌های حسابداری و حسابرسی |
| Subjects: | |
| Online Access: | https://acctgrev.ut.ac.ir/article_29196_0d64d842611e93b5324ff2a40651d18d.pdf |
| _version_ | 1818360030012899328 |
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| author | Rasool Baradaran Hassanzadeh Younes Badavar Nahandi Ghader Hossein Babaei |
| author_facet | Rasool Baradaran Hassanzadeh Younes Badavar Nahandi Ghader Hossein Babaei |
| author_sort | Rasool Baradaran Hassanzadeh |
| collection | DOAJ |
| description | Subject of this paper is surveying of the relationship between some of the corporate governance mechanisms and created shareholder value (CSV) and economic value added (EVA). In this study, the created shareholders value measured by using Fernandez (2001) model and Economic value added measured by using Stewart (1982) model. The goal of this research is application and the type of research methodology is correlation. This study statistic population is firms listed in Tehran Stock Exchange (TSE), has been chosen during the years 2006 to 2010. To test hypotheses as classified multivariate regression advantage is backward elimination. The results show that the eight corporate governance mechanisms studied in this research, four mechanisms (government influence and government property, the amount of institutional shareholder ownership, capital structure and amount of free float) are related with created shareholders value. Also The eight corporate governance mechanisms of reviewed in this study 3 mechanisms (government influence and government property, institutional shareholder ownership rate and the amount of free float) are related with economic value added. |
| first_indexed | 2024-12-13T20:54:18Z |
| format | Article |
| id | doaj.art-49a2325f259c496bb1cb3ad31822731f |
| institution | Directory Open Access Journal |
| issn | 2645-8020 2645-8039 |
| language | fas |
| last_indexed | 2024-12-13T20:54:18Z |
| publishDate | 2012-07-01 |
| publisher | University of Tehran |
| record_format | Article |
| series | بررسی‌های حسابداری و حسابرسی |
| spelling | doaj.art-49a2325f259c496bb1cb3ad31822731f2022-12-21T23:31:48ZfasUniversity of Tehranبررسی‌های حسابداری و حسابرسی2645-80202645-80392012-07-01196811610.22059/acctgrev.2012.2919629196A Survey of the Relationship between Corporate Governance with Created Shareholder Value (CSV) and Economic Value Added (EVA)Rasool Baradaran Hassanzadeh0Younes Badavar Nahandi1Ghader Hossein Babaei2استادیار گروه حسابداری، دانشگاه آزاد اسلامی واحد تبریز، ایراناستادیار گروه حسابداری، دانشگاه آزاد اسلامی واحد تبریز، ایرانکارشناس ارشد حسابداری، دانشگاه آزاد اسلامی واحد تبریز، ایرانSubject of this paper is surveying of the relationship between some of the corporate governance mechanisms and created shareholder value (CSV) and economic value added (EVA). In this study, the created shareholders value measured by using Fernandez (2001) model and Economic value added measured by using Stewart (1982) model. The goal of this research is application and the type of research methodology is correlation. This study statistic population is firms listed in Tehran Stock Exchange (TSE), has been chosen during the years 2006 to 2010. To test hypotheses as classified multivariate regression advantage is backward elimination. The results show that the eight corporate governance mechanisms studied in this research, four mechanisms (government influence and government property, the amount of institutional shareholder ownership, capital structure and amount of free float) are related with created shareholders value. Also The eight corporate governance mechanisms of reviewed in this study 3 mechanisms (government influence and government property, institutional shareholder ownership rate and the amount of free float) are related with economic value added.https://acctgrev.ut.ac.ir/article_29196_0d64d842611e93b5324ff2a40651d18d.pdfCorporate GovernanceEconomic Value AddedShareholder Value Added |
| spellingShingle | Rasool Baradaran Hassanzadeh Younes Badavar Nahandi Ghader Hossein Babaei A Survey of the Relationship between Corporate Governance with Created Shareholder Value (CSV) and Economic Value Added (EVA) بررسی‌های حسابداری و حسابرسی Corporate Governance Economic Value Added Shareholder Value Added |
| title | A Survey of the Relationship between Corporate Governance with Created Shareholder Value (CSV) and Economic Value Added (EVA) |
| title_full | A Survey of the Relationship between Corporate Governance with Created Shareholder Value (CSV) and Economic Value Added (EVA) |
| title_fullStr | A Survey of the Relationship between Corporate Governance with Created Shareholder Value (CSV) and Economic Value Added (EVA) |
| title_full_unstemmed | A Survey of the Relationship between Corporate Governance with Created Shareholder Value (CSV) and Economic Value Added (EVA) |
| title_short | A Survey of the Relationship between Corporate Governance with Created Shareholder Value (CSV) and Economic Value Added (EVA) |
| title_sort | survey of the relationship between corporate governance with created shareholder value csv and economic value added eva |
| topic | Corporate Governance Economic Value Added Shareholder Value Added |
| url | https://acctgrev.ut.ac.ir/article_29196_0d64d842611e93b5324ff2a40651d18d.pdf |
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