Corporate Governance, Investment and Business Growth in Companies Listed on Tehran Stock Exchange

 The present study investigated the relationship between the level of corporate governance with the level of investment and the growth rate of companies. The statistical population of the present study includs all companies listed on Tehran Stock Exchange in a 5 year - period during 2015 to 2019. Using systematic removal sampling method, a total of 174 companies (including a total of 870 years-companies) selected and analyzed as the statistical sample. The present study is applied in terms of purpose with post-event design and a descriptive-inductive study in terms of inference method. Multivariate regression models were used to analyze the research hypotheses using Eviews8 software. The results of regression models show that the level of corporate governance has a significant relationship with the level of investment and the growth rate of GDP. However it is needed to mention that different results were obtained for the indicators intended for corporate governance.