ABSTRACT
The present study investigated the relationship between transparency and efficiency of capital
markets and corporate governance has been conducted to determine the role of regulators. For access
to this aims are selected 384 person of food and petrol affiliate. For gathering data is used of
questionnaire. This research is based on the objective and the method of data collection is descriptive.
Pearson correlation, regression equation and path analysis were used to determine the relationship
between variables. The results of this study are indicated both of transparency and corporate
governance have impact on efficiency of the capital market in Tehran Stock Exchange. The main
finding of this study was that transparency and corporate governance can have a significant impact on
the efficiency of capital markets. So if we want to have market efficiency we should prepare methods
and strategy to increase transparency and corporate governance.
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