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Management Science Letters

ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 5 Issue 7 pp. 651-656 , 2015

The effect of corporate ownership on inventory management by considering corporate governance as a mediator Pages 651-656 Right click to download the paper Download PDF

Authors: Hossein Mehrabani, Hossein Izadi

DOI: 10.5267/j.msl.2015.5.009

Keywords: Corporate governance, Corporate Ownership, Inventory Management, Tehran Stock Exchange

Abstract: In this study, we examine the relationship between corporate ownership and inventory management where corporate governance plays as a mediator. The study selects a sample of 166 selected firms listed on Tehran Stock Exchange using historical data over the period 2009-2013. The study considers the role of managers as shareholder, existence of managers with more than one responsibility and size of board of directors on inventory management. Using regression analysis, the study has disclosed a negative relationship between managers as shareholder and board size on one side and inventory size on the other side. However, the study did not find any evidence on relationship between managers’ dual responsibility as a mediator on relationship between corporate ownership and in inventory management.

How to cite this paper
Mehrabani, H & Izadi, H. (2015). The effect of corporate ownership on inventory management by considering corporate governance as a mediator.Management Science Letters , 5(7), 651-656.

Refrences
Ameer, R. (2010). The role of institutional investors in the inventory and cash management practices of firms in Asia. Journal of Multinational Financial Management, 20(2), 126-143.

Basu, N., & Wang, X. (2011). Evidence on the relation between inventory changes, earnings and firm value. The International Journal of Business and Finance Research, 5(3), 1-14.

Ben-Nasr, H., Boubakri, N., & Cosset, J. C. (2012). Earnings quality in privatized firms: International evidence on the role of state and private owners. Available at SSRN 2161478.

Chekili, S. (2012). Impact of some governance mechanisms on earnings management: An empirical validation within the Tunisian market. Journal of Business Studies Quarterly, 3(3), 95-104.

Christie, A. A., & Zimmerman, J. L. (1994). Efficient and opportunistic choices of accounting procedures: Corporate control contests. Accounting Review, 69(4), 539-566.

Elsayed, K., & Wahba, H. (2013). Reinvestigating the relationship between ownership structure and inventory management: A corporate governance perspective. International Journal of Production Economics, 143(1), 207-218.

Krautter, J. (1999). Inventory theory: New perspectives for corporate management. International Journal of Production Economics, 59(1), 129-134.

Maher, M., & Andersson, T. (2000). Corporate governance: effects on firm performance and economic growth. Available at SSRN 218490.

Mansor, N., Che-Ahmad, A., Ahmad-Zaluki, N. A., & Osman, A. H. (2013). Corporate governance and earnings management: A study on the Malaysian family and non-family owned PLCs. Procedia Economics and Finance, 7, 221-229.

Trib?, J. A. (2007). Ownership structure and inventory policy. International Journal of Production Economics, 108(1), 213-220.
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Journal: Management Science Letters | Year: 2015 | Volume: 5 | Issue: 7 | Views: 2371 | Reviews: 0

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