The Relationship Between Corporate Social Responsibility And Financial Distress by Emphasizing the role of political connections
AbstractThis study investigate relationship between social responsibility and financial helplessness with the moderating role of political communication. This study is a type of applied and post-event study. To measure the social responsibility of companies were use of Meran Jouri and colleagues (20...
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Format: | Article |
Language: | fas |
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University of Sistan and Baluchestan
2021-10-01
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Series: | اقتصاد باثبات و توسعه پایدار |
Subjects: | |
Online Access: | https://sedj.usb.ac.ir/article_6357_61929bd2be12c1dbf3686f449e921da5.pdf |
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author | Farzaneh Nasirzadeh Zakiyeh Marandi |
author_facet | Farzaneh Nasirzadeh Zakiyeh Marandi |
author_sort | Farzaneh Nasirzadeh |
collection | DOAJ |
description | AbstractThis study investigate relationship between social responsibility and financial helplessness with the moderating role of political communication. This study is a type of applied and post-event study. To measure the social responsibility of companies were use of Meran Jouri and colleagues (2014) scale. Also, in order to measure financial distress used of the localized standard scale of Kurdistan and Tatli (2014). The statistical population is all companies listed on the Tehran Stock Exchange in the period 2015-2019, that examined data of 103 companies. To analyze the research hypotheses, the pattern of regression of fixed effects was used. The research findings indicated a negative and significant relationship between social responsibility and financial distress of companies. This means that as the level of social responsibility increases, the likelihood of companies financial distress decreases. Other results showed that political communication largely moderated the relationship between corporate social responsibility and financial distress. This means that the need to disclose social responsibilities in order to legitimize activities decreases as a result of state-owned relationships. |
first_indexed | 2024-12-17T12:35:04Z |
format | Article |
id | doaj.art-7d5c9b6f162b42338791d2f00c0489f8 |
institution | Directory Open Access Journal |
issn | 2783-1426 |
language | fas |
last_indexed | 2024-12-17T12:35:04Z |
publishDate | 2021-10-01 |
publisher | University of Sistan and Baluchestan |
record_format | Article |
series | اقتصاد باثبات و توسعه پایدار |
spelling | doaj.art-7d5c9b6f162b42338791d2f00c0489f82022-12-21T21:48:21ZfasUniversity of Sistan and Baluchestanاقتصاد باثبات و توسعه پایدار2783-14262021-10-01228110810.22111/sedj.2021.40066.11246357The Relationship Between Corporate Social Responsibility And Financial Distress by Emphasizing the role of political connectionsFarzaneh Nasirzadeh0Zakiyeh Marandi1ferdowsi university of mashhadferdowsi university of mashhadAbstractThis study investigate relationship between social responsibility and financial helplessness with the moderating role of political communication. This study is a type of applied and post-event study. To measure the social responsibility of companies were use of Meran Jouri and colleagues (2014) scale. Also, in order to measure financial distress used of the localized standard scale of Kurdistan and Tatli (2014). The statistical population is all companies listed on the Tehran Stock Exchange in the period 2015-2019, that examined data of 103 companies. To analyze the research hypotheses, the pattern of regression of fixed effects was used. The research findings indicated a negative and significant relationship between social responsibility and financial distress of companies. This means that as the level of social responsibility increases, the likelihood of companies financial distress decreases. Other results showed that political communication largely moderated the relationship between corporate social responsibility and financial distress. This means that the need to disclose social responsibilities in order to legitimize activities decreases as a result of state-owned relationships.https://sedj.usb.ac.ir/article_6357_61929bd2be12c1dbf3686f449e921da5.pdfpolitical connectioncorporate social responsibilityfinancial distress |
spellingShingle | Farzaneh Nasirzadeh Zakiyeh Marandi The Relationship Between Corporate Social Responsibility And Financial Distress by Emphasizing the role of political connections اقتصاد باثبات و توسعه پایدار political connection corporate social responsibility financial distress |
title | The Relationship Between Corporate Social Responsibility And Financial Distress by Emphasizing the role of political connections |
title_full | The Relationship Between Corporate Social Responsibility And Financial Distress by Emphasizing the role of political connections |
title_fullStr | The Relationship Between Corporate Social Responsibility And Financial Distress by Emphasizing the role of political connections |
title_full_unstemmed | The Relationship Between Corporate Social Responsibility And Financial Distress by Emphasizing the role of political connections |
title_short | The Relationship Between Corporate Social Responsibility And Financial Distress by Emphasizing the role of political connections |
title_sort | relationship between corporate social responsibility and financial distress by emphasizing the role of political connections |
topic | political connection corporate social responsibility financial distress |
url | https://sedj.usb.ac.ir/article_6357_61929bd2be12c1dbf3686f449e921da5.pdf |
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