Corporate social responsibility policies and information asymmetry

The aim of this study was to explain the relationship between social responsibility and information asymmetry using a system of structural equations using Amos software.

The present research is applied after selecting companies, collecting data and information by library method and theoretical foundations and research background from books, specialized Persian and Latin journals, collecting and extracting information and data required by companies and financial statements of companies and society. The statistical research of all companies listed on the Tehran Stock Exchange is from 2008 to 2017.

According to the research results, there is a significant negative relationship between social responsibility and information asymmetry.

Although companies are considered as economic enterprises; But, in principle, they can also be considered a social institution. Therefore, they must pay attention to the social consequences of the activities. For this reason, in recent years, social responsibility as an inhibitory element for the power, influence and violations of companies has become very important and accepted, and stakeholders pay special attention to this issue and its impact on other factors; One of the factors that can affect social responsibility is the issue of information asymmetry.