Investigating the effect of board attributes on the relationship between social responsibility and financial performance in companies listed on the Tehran Stock Exchange

Document Type : Original Article

Authors

1 Ph.D. student of Accounting, Faculty of Management and Financial Sciences,.Khatam University, Tehran, Iran

2 2Master of Accounting, Faculty of Management, Tehran University, Tehran, Iran

3 Accounting, Faculty of Social and Economic Sciences, Al-Zahra University, Tehran, Iran

Abstract

Objective: The purpose of this study is to investigate the effect of board attributes on the relationship between social responsibility and financial performance of the company.

Method: The present study is an applied research in terms of purpose and descriptive and correlational in terms of nature and method. In terms of data collection method, quasi-experimental research is a post-event in the field of positive accounting research that has been done using the Panel data regression method. To achieve the objectives of the research, 112 companies were selected from the companies listed on the Tehran Stock Exchange during the years 2014 to 2020 as a statistical sample.

Findings: The results showed that social responsibility and board size had a positive and significant relationship with financial performance, Also, the variables adjusting the size of the board and the independence of the board have intensified the relationship between social responsibility and financial performance.

Conclusion: The more companies pay attention to social responsibility criteria, the better their financial performance, also, the larger the board of companies, the better their financial performance.

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References

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Scientific journal of motaher auditing studies
Volume 1, Issue 2 - Serial Number 2
October 2024
Pages 71-91

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History

  • Receive Date: 25 July 2023
  • Revise Date: 30 September 2023
  • Accept Date: 25 October 2023
  • Publish Date: 21 June 2024

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