The Moderating Effect of Social Responsibility on the Relationship between Investment and Performance in State-Owned Enterprises
Subject and Purpose of the Article: Studies on strategic development goals in the last half century indicate that social responsibility and commitment have been the basis for judging the performance of governments. Therefore, in the present study, the effect of social responsibility on the relations...
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| Format: | Article |
| Language: | English |
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Payame Noor University
2021-09-01
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| Series: | حسابداری دولتی |
| Subjects: | |
| Online Access: | https://gaa.journals.pnu.ac.ir/article_8108_4b3ee798eefa5174cd871821d316ef8e.pdf |
| _version_ | 1818470057314877440 |
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| author | farhad fazilat shadi shahverdiani hashem vali pour |
| author_facet | farhad fazilat shadi shahverdiani hashem vali pour |
| author_sort | farhad fazilat |
| collection | DOAJ |
| description | Subject and Purpose of the Article: Studies on strategic development goals in the last half century indicate that social responsibility and commitment have been the basis for judging the performance of governments. Therefore, in the present study, the effect of social responsibility on the relationship between investment and performance in state-owned Enterprises was investigated.Research Method: In this research, 125 companies from the listed companies in the stock exchange including 31 public companies were selected as the research sample and the effect of social responsibility on the relationship between the mentioned variables during the period 2013-2019 was tested. To test the hypotheses, regression analysis by panel data method has been used.Research Findings: The results show that in general, social responsibility has a moderating effect on the relationship between investment and corporate performance. However, this effect is less common in state-owned enterprises due to lower levels of agency problems.Conclusion, Originality and its Contribution to the Knowledge: Considering that the negative effect of social responsibilities on performance in state-owned enterprises is less, the government can achieve social development goals by investing in this sector. |
| first_indexed | 2024-04-13T21:32:49Z |
| format | Article |
| id | doaj.art-d8eec20733054d02855b3d929d988574 |
| institution | Directory Open Access Journal |
| issn | 2423-4613 2645-498X |
| language | English |
| last_indexed | 2024-04-13T21:32:49Z |
| publishDate | 2021-09-01 |
| publisher | Payame Noor University |
| record_format | Article |
| series | حسابداری دولتی |
| spelling | doaj.art-d8eec20733054d02855b3d929d9885742022-12-22T02:29:06ZengPayame Noor Universityحسابداری دولتی2423-46132645-498X2021-09-018113915210.30473/gaa.2021.58474.14718108The Moderating Effect of Social Responsibility on the Relationship between Investment and Performance in State-Owned Enterprisesfarhad fazilat0shadi shahverdiani1hashem vali pour2PhD. in Accounting, Economic and Management Faculty, Science and Research Branch Tehran, Iran.Assistant Professor, Financial Management, Department of Financial Management, Shahre Quds Branch, Islamic Azad University, Tehran, Iran.Associate Professor, Department of Accounting, Firouzabad Branch, Islamic Azad University, Firouzabad, IranSubject and Purpose of the Article: Studies on strategic development goals in the last half century indicate that social responsibility and commitment have been the basis for judging the performance of governments. Therefore, in the present study, the effect of social responsibility on the relationship between investment and performance in state-owned Enterprises was investigated.Research Method: In this research, 125 companies from the listed companies in the stock exchange including 31 public companies were selected as the research sample and the effect of social responsibility on the relationship between the mentioned variables during the period 2013-2019 was tested. To test the hypotheses, regression analysis by panel data method has been used.Research Findings: The results show that in general, social responsibility has a moderating effect on the relationship between investment and corporate performance. However, this effect is less common in state-owned enterprises due to lower levels of agency problems.Conclusion, Originality and its Contribution to the Knowledge: Considering that the negative effect of social responsibilities on performance in state-owned enterprises is less, the government can achieve social development goals by investing in this sector.https://gaa.journals.pnu.ac.ir/article_8108_4b3ee798eefa5174cd871821d316ef8e.pdfcorporate social responsibilityinvestment efficiencyagency theory. state-owned companies |
| spellingShingle | farhad fazilat shadi shahverdiani hashem vali pour The Moderating Effect of Social Responsibility on the Relationship between Investment and Performance in State-Owned Enterprises حسابداری دولتی corporate social responsibility investment efficiency agency theory. state-owned companies |
| title | The Moderating Effect of Social Responsibility on the Relationship between Investment and Performance in State-Owned Enterprises |
| title_full | The Moderating Effect of Social Responsibility on the Relationship between Investment and Performance in State-Owned Enterprises |
| title_fullStr | The Moderating Effect of Social Responsibility on the Relationship between Investment and Performance in State-Owned Enterprises |
| title_full_unstemmed | The Moderating Effect of Social Responsibility on the Relationship between Investment and Performance in State-Owned Enterprises |
| title_short | The Moderating Effect of Social Responsibility on the Relationship between Investment and Performance in State-Owned Enterprises |
| title_sort | moderating effect of social responsibility on the relationship between investment and performance in state owned enterprises |
| topic | corporate social responsibility investment efficiency agency theory. state-owned companies |
| url | https://gaa.journals.pnu.ac.ir/article_8108_4b3ee798eefa5174cd871821d316ef8e.pdf |
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