Impact of Stock Market Development Corporates Social Responsibility

Document Type : Original Article

Authors

1 Associate Professor of Accounting and faculty members of Islamic Azad University of Qazvin, Iran.

2 Master of Accounting at the Institute of Higher Education job in Qazvin, Iran

10.22034/iaar.2020.112781

Abstract

The objective of this study is to investigate the relationship between stock market development impacts on the fulfillment of corporate social responsibility in Tehran Stock Exchange. Social responsibility criteria is calculated by using the MAX DEA. If the corporates social responsibility is done better; then the stock market will continue to growth. The study population consisted of 87 companies in various industries in Tehran Stock Exchange during the years 1384 to 1393. The methodology of this research is descriptive and it emphasis on correlation relationships. In this study, the multiple regression is used to test the hypothesis and Godfrey serial correlation method is also used to determine the relationship between variables. The results show a significant positive relationship between stock market development and corporate social responsibility.

Keywords