The impact of corporate governance on the market response to unexpected profits
Corporate Governance and Profit Management with Profitability by Managers as One of the Most Important Behavioral Motives and Financial Stimulus of a Business Unit Can Help the Company Create Sustainable Competitive Advantage and Increase the Market Value of the Company in Tehran Stock Exchange Transactions. The main purpose of this study is to investigate the impact of corporate governance on market reaction to unexpected profits. The present study is an analytical one, of correlational and retrospective research, in terms of quantitative data type, and in terms of logic and reasoning, it is an inductive research. The study period is from 91 to 96 and the statistical population of this research is 167 companies. Eviews software was used for data analysis. The results of testing the hypotheses indicate that corporate governance influences the market response to unexpected profits.
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