نوع مقاله : مقاله پژوهشی

نویسنده

• مهدی علی بالائی

گروه حسابداری، واحد اصفهان (خوراسگان)، دانشگاه آزاد اسلامی، اصفهان، ایران

چکیده

این پژوهش با هدف بررسی تأثیر مسئولیت اجتماعی شرکت بر ساخت امپراتوری مدیریتی با در نظر گرفتن نقش تعدیل‌گر محدودیت‌های مالی و اعتماد به نفس بیش از حد مدیرعامل انجام شد. جامعه آماری شامل شرکت‌های پذیرفته شده در بورس اوراق بهادار تهران و نمونه پژوهش شامل داده‌های ۱۰۵ شرکت طی دوره ۹ ساله ۱۳۹۳ تا ۱۴۰۱ است که با روش حذف سیستماتیک انتخاب شد. داده‌ها با استفاده از مدل‌های رگرسیون چندگانه و روش داده‌های ترکیبی تحلیل شدند. نتایج نشان داد که مسئولیت اجتماعی شرکت تأثیر منفی بر ساخت امپراتوری مدیریتی دارد و این اثر تحت محدودیت‌های مالی و اعتماد به نفس بیش از حد مدیرعامل تقویت می‌شود. یافته‌ها حاکی از آن است که اگر مدیرعامل به فعالیت‌های مسئولیت اجتماعی شرکت توجه کند، امکان بهبود عملکرد مالی شرکت فراهم می‌شود، در غیر این صورت سهامداران باید مدیران عامل با سابقه ساخت امپراتوری تخریب‌کننده ارزش را کنترل کرده و سطح افشای مسئولیت اجتماعی شرکت را افزایش دهند. این پژوهش چارچوب نظری مناسبی برای درک رابطه بین مسئولیت اجتماعی و ایجاد امپراتوری توسط مدیران ارائه می‌کند و نشان می‌دهد گنجاندن متغیرهای محدودیت‌های مالی و اعتماد به نفس بیش از حد می‌تواند ذینفعان و سهامداران را در اعمال نظارت مؤثر بر فعالیت‌های مدیرعامل یاری نماید.

کلیدواژه‌ها

• اعتماد به نفس بیش‌ازحد مدیریت
• ساخت امپراتوری مدیریتی
• محدودیت‌های مالی
• مسئولیت اجتماعی شرکت
• حاکمیت شرکتی. مسئولیت اجتماعی شرکت
• حاکمیت شرکتی

موضوعات

• حسابداری وجنبه های مختلف مالی

عنوان مقاله [English]

The impact of corporate social responsibility on managerial empire building :The moderating role of financial constraints and managerial overconfidence

نویسنده [English]

• mahdi alibalai

Department of Accounting, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran

چکیده [English]

This study aimed to investigate the effect of corporate social responsibility on building managerial empires by considering the moderating role of financial constraints and CEO overconfidence. The statistical population includes companies listed on the Tehran Stock Exchange and the research sample includes data from 105 companies over a 9-year period from 2014 to 2022, which were selected by systematic exclusion. The data were analyzed using multiple regression models and mixed data methods. The results showed that corporate social responsibility has a negative effect on building managerial empires, and this effect is strengthened under financial constraints and CEO overconfidence. The findings indicate that if the CEO pays attention to corporate social responsibility activities, it is possible to improve the company's financial performance, otherwise, shareholders should control CEOs with a history of building value-destroying empires and increase the level of corporate social responsibility disclosure. This research provides a suitable theoretical framework for understanding the relationship between social responsibility and empire building by managers and shows that including the variables of financial constraints and overconfidence can help stakeholders and shareholders exercise effective oversight over CEO activities.

This study aimed to investigate the effect of corporate social responsibility on building managerial empires by considering the moderating role of financial constraints and CEO overconfidence. The statistical population includes companies listed on the Tehran Stock Exchange and the research sample includes data from 105 companies over a 9-year period from 2014 to 2022, which were selected by systematic exclusion. The data were analyzed using multiple regression models and mixed data methods. The results showed that corporate social responsibility has a negative effect on building managerial empires, and this effect is strengthened under financial constraints and CEO overconfidence. The findings indicate that if the CEO pays attention to corporate social responsibility activities, it is possible to improve the company's financial performance, otherwise, shareholders should control CEOs with a history of building value-destroying empires and increase the level of corporate social responsibility disclosure. This research provides a suitable theoretical framework for understanding the relationship between social responsibility and empire building by managers and shows that including the variables of financial constraints and overconfidence can help stakeholders and shareholders exercise effective oversight over CEO activities.

This study aimed to investigate the effect of corporate social responsibility on building managerial empires by considering the moderating role of financial constraints and CEO overconfidence. The statistical population includes companies listed on the Tehran Stock Exchange and the research sample includes data from 105 companies over a 9-year period from 2014 to 2022, which were selected by systematic exclusion. The data were analyzed using multiple regression models and mixed data methods. The results showed that corporate social responsibility has a negative effect on building managerial empires, and this effect is strengthened under financial constraints and CEO overconfidence. The findings indicate that if the CEO pays attention to corporate social responsibility activities, it is possible to improve the company's financial performance, otherwise, shareholders should control CEOs with a history of building value-destroying empires and increase the level of corporate social responsibility disclosure. This research provides a suitable theoretical framework for understanding the relationship between social responsibility and empire building by managers and shows that including the variables of financial constraints and overconfidence can help stakeholders and shareholders exercise effective oversight over CEO activities.

This study aimed to investigate the effect of corporate social responsibility on building managerial empires by considering the moderating role of financial constraints and CEO overconfidence. The statistical population includes companies listed on the Tehran Stock Exchange and the research sample includes data from 105 companies over a 9-year period from 2014 to 2022, which were selected by systematic exclusion. The data were analyzed using multiple regression models and mixed data methods. The results showed that corporate social responsibility has a negative effect on building managerial empires, and this effect is strengthened under financial constraints and CEO overconfidence. The findings indicate that if the CEO pays attention to corporate social responsibility activities, it is possible to improve the company's financial performance, otherwise, shareholders should control CEOs with a history of building value-destroying empires and increase the level of corporate social responsibility disclosure. This research provides a suitable theoretical framework for understanding the relationship between social responsibility and empire building by managers and shows that including the variables of financial constraints and overconfidence can help stakeholders and shareholders exercise effective oversight over CEO activities.

کلیدواژه‌ها [English]

• Building a Management Empire
• Corporate Social Responsibility
• Financial Constraints
• Management Overconfidence. Responsibility