Document Type : Research Paper
Authors
1 Assistant professor, Accounting Department , Faculty of Economics, Management and Administrative Sciences, Semnan University, Semnan, Iran.
2 Accounting Department, Faculty of Economics, Management,and Administrative Sciences, Semnan University, Semnan, Iran.
3 MA in Accounting, Semnan University, Semnan, Iran.
Abstract
Compliance with social and environmental responsibilities is one of the requirements of the current competitive era, and the competitiveness pressure of companies in this situation imposes costs on companies that can affect the company's financial performance. In this research, the moderating role of competitive strength in the relation between social and environmental responsibilities with financial performance has been investigated. The statistical sample of this research is the companies listed on the Tehran Stock Exchange between 2016 and 2021. By regular screening method, 108 companies have been selected as samples. After checking the classical assumptions of regression, the panel data model with fixed effects has been used. The results showed that social performance has a positive relation with financial performance. The competition strength has a negative moderating role in the relation between social performance with financial performance. Environmental performance has a positive relation with financial performance, and the competition strength has a negative moderating role in this relation. According to the coefficients of variables, the social dimension of the company is more effective in increasing performance than the environmental dimension.
Keywords
Main Subjects
)