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Abstract

This research investigates two important issues using Agency Theory: First, the relationship between the bonuses of executive directors of Iranian companies and accounting income, profit growth, and market added value will be examined. Secondly, the important indices in the setting of director’s bonus will be studied.
For our first part of research, the data and information has been gathered from income Producing companies which have been listed in Teharan’s stock exchange between the years of 1997 and 2001.
For the second part of our research, some questionnaires have been used asking the viewpoints of executive directors and advisors. The results of each part have then been submitted using statistical methods.

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