Impact of social responsibility disclosure on accounting, economic and market based Measures Of corporate performance evaluation

From the earliest classic studies by Bowen (1953), the importance of Corporate Social Responsibility (CSR) and its impact on society has been explored from various viewpoints ,Which finally leads to the development of the reporting framework and the concept of corporate social responsibility .The purpose of this study was to conduct research on whether corporate social responsibility have a significant relationship with corporate performance evaluation in terms of accounting-based measures (return on assets and earnings per share), Economic based measures (Economic value added and market value added) and Market based measures (Stock returns and Cost of Capital).. All the listed companies on Tehran Stock Exchange as the population of the study have been analysed and 65 of them for a time period of 10 years since 2006 to the end of 2015 have been chosen according to the features of this study. The results indicate that corporate social responsibility disclosure has a direct and significant effect on the rate of return on assets, Earnings per share and economic value added. Also, corporate social responsibility disclosure has an inverse and significant effect on the cost of capital. However, corporate social responsibility disclosure has not had a significant impact on market value added and stock returns.