1.
Snor Khosh Bakht
– Islamic Azad University, West Azarbyjan, Iran.
2.
Saeid Jabbarzadeh Kangarlouei
– Islamic Azad University, West Azarbyjan, Iran.
3.
Morteza Motavassel
– Islamic Azad University, West Azarbyjan, Iran.
Abstract
The purpose of this study is to find the ways to increase management earning forecast preciseness. Corporate governance is regarded as a tool for this purpose. However, this study examines the relation between some components of the corporate governance mechanisms (outside board of director, institutional ownership, duality, auditor quality, firms age, and firms ranking in organization of industrial management) and accuracy of earning forecast by management. The sample of study consists of 53 companies listed in Tehran Stock Exchange during the years of 2007-2012. To test research Hypothesis, multiple linear regression models are used. Research findings indicate that outside board of director, audit quality and
firms age have positive impact and duality, institutional ownership, corporate ranking in organization of industrial management have no impact on accuracy of earnings forecast.
