Corporate governance is a relatively new research area in Iran that has recently been considered, as various measures have been incoherently adopted to implement its various dimensions in the money and capital markets of the country. Corporate governance is among the most significant issues in any monetary and financial institution. Previous research has shown that corporate governance-oriented behaviors improve organizational performance in stable economic conditions while acting as a shield in adverse financial crisis conditions. Cash holdings is one of the company's most vital assets. The purpose of this study was to examine the effect of governance structure and cash holdings on the firm value of companies listed on the Tehran Stock Exchange. This research was conducted for the period of 2010-2017. The results revealed that the structure of corporate governance and cash holdings have an effect on the firm value of companies. Corporate governance systems can influence the value of companies through their board of directors and shareholding structure.
