Analyzing Board Network in Iran’s Capital Market

Iranian Journal of Accounting, Auditing and Finance

مقالات آماده انتشار، پذیرفته شده، انتشار آنلاین از تاریخ 21 اردیبهشت 1403

نوع مقاله: Original Article

شناسه دیجیتال (DOI): 10.22067/ijaaf.2024.86180.1434

نویسندگان

Reza Taghizadeh^{* 1}؛ Amin Nazemi²؛ Mohammad SadeghzadehMaharluie²

¹Department of Accounting and Finance, Faculty of Economics, Management and Accounting, Yazd University, Yazd, Iran

²Department of Accounting, Faculty of Economics, Management and Social sciences, Shiraz University- Iran.

چکیده

This research analyzes the board network of the companies in Iran’s capital market during the period of 2019-2022. Based on the type of data collected and analyzed, this study is a quantitative research and its type is network analysis.The research results indicate that despite the difference in the level of communication, most units are related to each other. However, in establishing this relation, some units are in a better position. Even in communication network there is a gap between the positions of the units and the difference between them becomes considerable creating a class structure. The better position of some units has caused them to encounter fewer mediators in gaining access to other units, to have faster access, and to have a higher ability in gaining access to information through the cluster of network members. In addition, some units are in the communication path of other units so giving them a power of influence. Since these units are in the flow path of information, they have easier and faster access to information. These units can play the role of key actors in the governing structure.

کلیدواژه‌ها

Iran&rsquo؛ s Capital Market, Network Analysis, Board