The Study of Corporate Governance Mechanisms and Auditor Election of Listed Companies of Tehran Stock Exchange

Document Type : Original Article

Authors

1 Assistant Professor of Accounting, Shiraz Uuniversity

2 M. A of Accounting

10.22034/iaar.2012.104684

Abstract

The goal of this research is to study the relation of corporate governance and auditor's election. Having access to goals of research, five hypotheses have designed to test the relation significancy between corporate governance mechanisms and firms’ auditor election. According to multi-dimension nature of dependant variable, statistical method of this research has been the logistic regression. Statistical sample of research includes 84 companies during a nine-year period from 1380 to 1388. Generally, results driven from testing hypotheses reveal weak significant relation between corporate governance mechanisms and firms’ auditor election of listed companies of Tehran Stock Exchange. Moreover, according to coefficient of determination resulted from anticipating model of auditor election based on corporate governance, it sounds that there are some other factors to which auditor election are related.

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