Corporate governance using financial information; the role of transparency and quality of information

Corporate Governance refers to a voluntary participation for sustainable development upon the regulatory requisites to decrease the distance between corporations and stakeholders by means of reporting and financial information disclosure. On the other hand, financial information, is considered as one of the first factors to evaluate the management efficiency in gaining the benefit due to the executive operation. Additionally, several direct and indirect factors affect the corporate governance and financial information relationship; therefore, two factors related to information features with the most impact factor including transparency of financial information and quality of financial information as the mediator variables were entered into the model. Data was gathered from Qavamin bank. Model reliability and variables interrelation were tested using path analysis method and results showed that corporate governance is influenced by financial information. This is important to state that the transparency of financial information has the most effects among the other factors in achieving the corporate governance among the target statistical population.