purpose:&the purpose of the present study is to investigate the relationship between managing director's marital status and the efficiency of capital allocation of companies listed on the tehran stock exchange.
methodology:&this study examines the marital status of management on the capital allocation of companies listed on the tehran stock exchange, which is applied in terms of purpose and correlation in terms of hypothesis analysis method because this study seeks to find a relationship between several variables.
findings:&the results of the research findings show that single managers, based on less lack of commitment in marital life, are more risk-taking than married managers, and this causes investment in the company, which ultimately leads to the company's capital allocation.
originality:&according to the traditional capital market approach, deviations related to capital allocation are the incorrect alignment of management and shareholder interests and information asymmetry between the company's domestic and foreign investors, and in this regard; single ceos are less risk averse and, on the other hand, bring higher capital allocation inefficiency to the organization.