investigating the relationship between corporate governance mechanism and cash holding

The aim of this study investigating the relationship between corporate governance mechanism and firm cash holding using a sample of firm listed in Tehran stock exchange between 2007 to 2013. The role of corporate governance direction and control firm for reduce agency conflict between management and shareholders. An example of deviation of the shareholders'' interests is an inappropriate management of cash resources. In this research we use of debt reliance، chief executive officer tenure، ownership concentration، chief executive officer duality، board independent and institutional ownership for evaluating corporate governance. The research Hypothesis is tested utilizing panel data regression model. Our result indicates a negative significant relationship between the institutional ownership، board independent and debt reliance with cash holding. Also our findings show that no significant relationship between ownership concentration، chief executive officer duality and chief executive officer tenure with cash holding.