Ranking Iranian Banks in terms of corporate governance whit emphasizing the status of the board of directors and its committees

Subject Areas : Financial Knowledge of Securities Analysis

Marziyeh Noorahmadi ¹ , Ali Mahdavi Parsa ²

1 - Master of Financial Management, University of Tehran (Farabi Qom Campus); Iran.
2 - Ph.D. in Financial Management, Imam Sadiq University, Tehran, Iran.

Received: 2017-04-18 Accepted : 2017-11-11 Published : 2019-03-21

Keywords: Corporate Governance, board of directors, committees of banking, Islamic banking, disclosure,

Abstract :

The role of corporate governance in today’s corporate world is gaining importance day by day. That is the very reason academicians around the world are paying more attention developing and testing the existing and new practices of corporate governance. The board of directors is considered as one of the most important dimensions of effective corporate governance since it becomes a key mechanism to mitigate conflicts between shareholders and managers. The aim of this paper is to investigate and rank the Board of Directors and committees of 36 bank and credit institution operating in the IRAN non-usury banking system from the perspective of corporate governance. In this paper, after reviewing the literature of Board of Directors and committees and previous research on this subject, extract the board of directors and committees of Iranian banks to assess this subject in the Iranian bank, and then ultimately rank Iranian bank on this basis. The research method used in this research is content analysis.The results show the inappropriate status of board of directors and its committees in state banks and appropriate status in some private banks.

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