This paper examines the impact of independent managers, institutional shareholders and audit expenses on the probability of financial crisis of the listed companies in Tehran Stock Exchange (TSE). The target sample includes 75 firms of the listed companies in TSE during 2006 to 2010 years (1385...

It is generally understood that well functioning banks and financial institutions help promote economic growth. That’s why Iranian government is trying to play active role to promote economic growth through well established banking and financial system. This survey shows that after...