Investigating the effect of the size and independence of audit committee members on the relationship between social responsi bility and profit quality in companies listed on the Tehran Stock Exchange

Document Type : Original Article

Authors

1 Assistant Professor, Department of Accounting, North Tehran Branch, Islamic Azad University,Tehran, Iran.

2 Master's student in auditing, North Tehran Branch, Islamic Azad University, Tehran, Iran.

Abstract

In the present study, the effect of the size and independence of audit committee members on the relationship between social responsibility and profit quality in companies admitted to the Tehran Stock Exchange has been investigated. For this purpose and following Song (2022), the relationship between social responsibility and the quality of corporate profit was first examined, and then the moderating effect of audit committee characteristics (including the independence and size of audit committees) on this relationship was analyzed. The current research is in the descriptive-correlational research group in terms of its practical purpose and data collection method. Also, in order to select the sample size, a systematic exclusion sampling method (screening) was used, and according to the considered conditions, finally, 134 companies were selected in the 8-year period between 2015 and 2022 (a total of 1072 years- company) were analyzed. To check the hypotheses, multivariate regression methods using 8Eviews software and panel data method - fixed effects have been used. The results obtained in this study show that social responsibility has a positive effect on the quality of profit in companies listed on the Tehran Stock Exchange. In addition, the characteristics of the audit committee (especially the independence of the audit committees) play a mediating role in the relationship between social responsibility and profit quality in companies listed on the Tehran Stock Exchange

Keywords

References

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Scientific journal of motaher auditing studies
Volume 2, Issue 1 - Serial Number 3
Spring Quarterly
April 2024
Pages 81-108

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