Investigating the relationship between social performance, ownership structure and corporate governance

Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
Research
Purpose
The purpose of this study was to investigate the relationship between social performance, ownership structure and corporate governance in Tehran Stock Exchange during the period of 2011-2014.
Research
Methodology
After applying the constraints on the statistical society, 92 firms (555 years-companies) were selected as samples. In this study, data from the combination (year-company) was used and data were analyzed using linear regression statistical technique and using Eviews software.
Research findings: The findings from data analysis indicate that there is no meaningful relationship between ownership concentration, institutional ownership, government ownership, board independence, corporate size, financial leverage, and social responsibility, but between the sizes of the board, the dichotomy of the CEO's duty there is a meaningful relationship between the rate of return on assets, liquidity and social responsibility.
Research
Results
According to the findings, it can be stated that the rules and their implementation on social responsibility, legal requirements for disclosure of financial information, the attention of investors and shareholders to the corporate approach and objectives, and the structure of ownership and composition of their board of directors Has a significant impact on corporate social performance, and the positive outcomes of social performance will lead to corporate competitive advantages and positive outcomes in other corporate financial activities.
Language:
Persian
Published:
A Quarerly Journal Of Empirical Reasearch Of Financial Accounting, Volume:5 Issue: 1, 2018
Pages:
127 to 151
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