Hamidreza  Shammakhi, Asghar  Maghsoudi, Ahmadali  Fazlollahzadeh, 
    The Effect of Board of Directors on Valuation the Stock in Initial Public Offerings,
    International Business Management,
    Volume 10,Issue 20,
    2016,
    Pages 4988-4994,
    ISSN 1993-5250,
    ibm.2016.4988.4994,
    (https://makhillpublications.co/view-article.php?doi=ibm.2016.4988.4994)
    Abstract: This study examine the effect of board of directors structure and the percent board of directors as
a non-obligation on valuation the stock in initial public offering in the Tehran Stock Exchange during the years
1391-1390. In this study, we examined the size of the board and the board of directors shall not be used as
independent variables and its effect on an initial public offering value. The results of the regression analysis
of the 81 companies obtained during the years 1391-1390.
    Keywords: Underpricing;Initial public offerings;the percent board of directors of the non-bound and number