The investing the saving effect of corporate governance mechanisms from financial collapse of accepted companies in the Tehran stock exchange

This study investigated the effect of deterrence level corporate governance mechanisms from the insolvency of financial firms listed in Tehran Stock Exchange. In this context, corporate governance mechanisms, including the percentage of institutional owners, indirect directors and auditor type as independent variables and financial collapse - as the dependent variable was determined that the failure rate based on the Altman Z model was classified. Simple, logistic and multiple regression assumptions were used for testing. Study population included 67 companies is during 1384 to 1388. The Statistical methods used to test considered hypotheses in this research method is "the combination and sectional data". Research findings show that the entire study period in individual years, significant and negative relationship between the indirect directors and there is a financial collapse. did not show significant and meaningful relationship between the auditor type and institutional owners with financial collapse.