The Association between Management Earnings Forecast Errors and Corporate Governance Structure in Tehran Bourse

In this study, we examine the relation between management earnings forecast errors with corporate governance structure of listed companies in Tehran Bourse. We should mention that corporate governance structure which are studied here are: The percent ownership of board members, the number of board members, the number of non-executive board members and Growth opportunity. The numbers of statistic community are 363companies in Tehran Bourse which due to the limitation of this study we select just 146 companies from these statistic communities during 1383-1387. For preparation the literature and the history of this survey we use the information from Financial Statement, Tadbir pardaz soft ware, Bourse library and Tehran Bourse archives. For testing hypothesis we use Pearson coefficient of correlation and multi variable Regression model. The result shows that there are positive relations between the percent ownership of board members, the number of board members and the number of non-executive board members with accuracy of management earnings forecast, while there is a negative relation between Growth opportunities with accuracy of management earnings forecast. Testing hypotheses show that all of the survey hypotheses are confirmed.