The Role of Size and Age of the Company in their Commitment to ObservingSocialEthics (Case study of companies listed on the Tehran Stock Exchange)

Authors

1 Assistant Professor,Department of Management,Economics and Accounting,Payame Noor University,Tehran,Iran

2 Department of Management,Economics and Accounting,Payame Noor University,Tehran,Iran

3 Department of Accounting, Technical and Vocational University (TVU), Tehran, Iran

Abstract


the purpose of this study is to investigate the role of size and age of the companies in their effort to observe social ethics (social responsibility). Ethics is a set of do's and don'ts and is one of the instincts and rational axioms of human beings and is one of the most important goals of the prophets according to the Qur'an; because the exaltation and happiness of man depends on adherence and beauty to the divine morality. This article intends to address the concept of professional ethics and its importance and various dimensions and the need for ethics in today's organizations. In this research, Cadal site and new Rahvard software have been used to collect information. To test the research hypotheses, financial information and social ethics of 86 companies during the 90s and using stata software at 95% confidence level and regression method were used. The results of this study indicate that there is a direct and significant relationship between the size and age of the company with respect to social ethics in the field of environmentandsocialparticipation.

Keywords

References

  1. Alipour, Ramin, Sheikhi Gorjan, Mina, Aghajani, Vahdat (2020), “The effect of company size on the relationship between capital structure and financial bankruptcy in companies listed on the Tehran Stock Exchange”, Accounting and Management Perspectives, 2 (14), p. 1-18.
  2. Alizadeh, Mehdi, Soheili, Sara, Bamshad, Vahideh (2014), “The combination of the position of business social responsibility in the contemporary research literature of the organization in Iran”, Journal of Entrepreneurship Development, 8 (2), p. 353-369.
  3. Ameli, Manijeh (2002), A Study of Theoretical Foundations of Professional Ethics in Islam, Thesis for Master's Degree, Tehran, Research Institute of Iranian Wisdom and Philosophy.
  4. Amiri, Alinaghi, Mohammad Hemmati and Mehdi Mobini (2010), "Professional ethics; Necessity for the organization”, 1(4), p. 137-159
  5. Arab Salehi, Mehdi, Sadeghi, Ghazal & Moinuddin, Mahmoud (2014), “Relationship between social responsibility and financial performance of companies listed on the Tehran Stock Exchange”, Empirical Accounting Research, 3 (3), p. 1-20.
  6. Bani Hashemi, Seyed Ali, Alizadeh, Hamid (2017), “Evaluation and ranking of professional ethics criteria and its relationship with job satisfaction”, Journal of Ethics, 13 (47), p. 103-127.
  7. Barandak, Sajjad & Mansouri Habibabadi, fatemeh (2019), “Board efficiency and corporate social responsibility performance: The role of adjusting the CEO's financial knowledge background”, Accounting and Management Perspectives, 2 (19), p. 108-127.
  8. Beykzad, Jafar, Sadeghi, Mohammad and Ebrahim, Pourwood (2012), “The effect of organizational factors on the growth of employees' professional ethics”, Journal of Ethics in Science and Technology, 7 (2), p. 1-9.
  9. Deegan, C, Gordon, B. (1996), “A study of the environmental disclosure practices of Australian corporations”, Accounting and business research, 26(3), p. 187-199.‏
  10. Golparvar, Mohsen, Jamshidian, Mohammad Hossein (2016), “The relationship between moral and social responsibility with belief in a fair and unjust world in students”, Journal of Ethics, 12 (44), p. 99-130.
  11. Grant, A. M. (2008), “The significance of task significance: Job performance effects, relational mechanisms, and boundary conditions”, Journal of applied psychology, 93(1), p. 108.‏
  12. Hasas Yeganeh, Yahya, Sohrabi, H. & Qavasi, Mohammad (1399), “The relationship between social responsibility reporting and company value”, Financial Accounting and Auditing Research, 12 (45), p. 1-20.
  13. Heidarpour, Farzaneh, Qarni, Mohammad (2015), “The effect of environmental accounting on financial and operational indicators of manufacturing companies”, Financial Accounting and Auditing Research, 7 (26), p. 39-50.
  14. Ioannou, I., & Serafeim, G (2012), “What drives corporate social performance? The role of nation-level institutions”, Journal of International Business Studies, 43(9), p. 834-864.
  15. Khajavi, Shokrolah, Etemadi-Jouriabi, Mostafa (2015), “Corporate Social Responsibility and its Reporting”, Health Accounting, 4(2), p. 104-123.
  16. Li, S., Zhao, Y., Tong, J (2013), “Can corporate social responsibility report reduce cost of equity capital? Evidence from Chinese stock market”, Accounting Research, 9, p. 64–70.
  17. Macadam, R., and Leonard, D. (2003), “Corporate social responsibility in a total quality management context: opportunities for sustainable growth”, Corporate Governance, 3 (4), p. 36-45.
  18. Mortazavi, Saeed, Azar Kafashpour and Afagh Arjmandinejad (2010), “Study of the mediating role of national sweat and perception of product quality on the intention to buy imported goods”, 10(2), p. 109-134.
  19. Obeidat, B. Y. (2016), “Exploring the relationship between corporate social responsibility, employee engagement, and organizational performance: The case of Jordanian mobile telecommunication companies”, International Journal of Communications, Network and System Sciences, 9(09), p. 361.‏
  20. Orlitzky, M. Schmidt, F. L. & Rynes, S. L. (2003), “Corporate social and financial performance: A meta-analysis”, Organization Studies, 24: p. 403-441.
  21. Pennino, Clare M (2004), “Managers and professional ethics”, Journal of Business Ethics, 41: p. 337-47.
  22. Purdehghan, Adel & Hamidianpour, Fakhrieh (2012), Investigating the Impact of Corporate Social Responsibility on Company Performance, M.Sc. Thesis, University of Tehran.
  23. Rodriguez-Fernandez, M. (2016). Social responsibility and financial performance: The role of good corporate governance. BRQ Business Research Quarterly, 19(2), 137-151.‏
  24. Serafeim, George. & Ioannou, Ioannis. (2013), “The Impact of Corporate Social Responsibility on Investmment Recommendations”, Available at: http: //ssrn. com/abstract=1507874.
  25. Thirumanickam, N., Rajamanoharan, I. D. and N. Nordin (2008). “Stakeholders’ Perceptions and Expectations of Corporate Social Responsibility Reporting in Malaysia”, Proceedings of the 7th Australasian Conference for Social and Environmental Accounting Research, 7 to 9 December, The Centre for Accounting, Governance and Sustainability, The University of South Australia, Adelaide, Australia, 11, p. 1-8.
  26. Zhu, M., Liu, Z., & Shi, X. W. (2015). Does disclosing social responsibility information affect audit fee? Empirical Evidence basedd on Chinese public Companies. Journal of Shanxi University of Finance and Economics, 12, p. 113-124
Quarterly Scientific Journal of Applied Ethics Studies
Volume 17, Issue 42 - Serial Number 64
September 2021
Pages 167-196

Files

History

  • Receive Date: 03 August 2021
  • Revise Date: 03 September 2021
  • Accept Date: 28 September 2021

Share

How to cite

Statistics