Comparison of the effect of using corporate governance mechanisms on the performance of companies based on Ponzi trap (Case study: Tehran Capital Markets companies)

Document Type : Research Paper

Authors

1 Department of Accounting, Faculty of Humanities, Zahedan Branch, Islamic Azad University, Zahedan, Iran

2 Department of Accounting, Faculty of Management and Economics, University of Sistan and Baluchestan, Zahedan, Iran

Abstract

The purpose of this study is to compare the effect of using corporate governance mechanisms on the performance of companies based on Ponzi trap. The research method is exploratory. The statistical population of this study is Tehran capital market companies. The research period is from 1394 to 1398. From the statistical population of the research, 132 companies were selected as the sample size by the elimination method. In-house and extra-organizational mechanisms were used to lead the company. In this research, correlation test and regression analysis and Eviews software have been used to test the research hypotheses and determine whether they are significant or not. Findings showed that the results of the question test indicate that there is a significant relationship between corporate governance system with optimal and moderate performance on companies avoiding getting caught in the ponzi trap (money laundering). There is no significant relationship between corporate governance and poor performance of companies to avoid getting caught in the ponzi trap (money laundering). Also, the results of the main question showed that there is a significant relationship between corporate governance systems on companies avoiding getting caught in the Ponzi trap (money laundering).

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