Since the application and development of corporate governance mechanisms will lead to the development of financial markets and encouragement of investment by assuring investors, the correct implementation of these mechanisms give rise to decrease conflicts of interests between managers and owners and provide incentives for managers to increase the value of the company and achieve the goals of stockholders. Therefore, the goal of this study is to investigate the impact of mechanisms’ ؛ of corporate governance on the relationship between managerial ability and created shareholders value. The sample of this study contains of 124 firms for the period 2007-2016. To test the research hypotheses it has been used a multi-variable regression model. The research results show that managerial ability is positively associated with firm value and corporate governance mechanisms intensify this positive relationship. Indeed, in the firms with high rank of corporate governance the more managerial ability will cause to increase shareholders value.