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گزارشگری مسئولیت‌پذیری اجتماعی و نقدشوندگی سهام: نقش تعدیل‌کنندگی نظارت خارجی | ||
| راهبرد مدیریت مالی | ||
| مقاله 8، دوره 11، شماره 3 - شماره پیاپی 42، مهر 1402، صفحه 175-192 اصل مقاله (353.68 K) | ||
| نوع مقاله: مقاله پژوهشی | ||
| شناسه دیجیتال (DOI): 10.22051/jfm.2019.27461.2162 | ||
| نویسندگان | ||
| مهدی صفری گرایلی* 1؛ یاسر رضائی پیته نوئی2؛ داود حسن پور3 | ||
| 1دانشیار گروه حسابداری، واحد بندرگز، دانشگاه آزاد اسلامی، بندرگز، ایران | ||
| 2دانشیار حسابداری، دانشگاه گیلان، رشت، ایران | ||
| 3مربی گروه حسابداری، دانشگاه پیام نور، تهران، ایران | ||
| چکیده | ||
| امروزه توسعۀ فراگیر گزارشگری مسئولیت‌پذیری اجتماعی شرکت‌ها به‌منظور ایجاد شفافیت و پاسخگویی در بازارهای سرمایه، مورد توجه فراوانی قرار گرفته است. از این‌رو هدف پژوهش حاضر بررسی رابطه بین گزارشگری مسئولیت‌پذیری اجتماعی با نقدشوندگی سهام شرکت‌ها و مطالعه اثر تعدیل‌کنندگی نظارت خارجی بر این رابطه می‌باشد. برای آزمون فرضیه‌های پژوهش نمونه‌ای متشکل از 87 شرکت پذیرفته‌شده در بورس اوراق بهادار تهران طی سال‌های 1392 تا 1397 انتخاب گردید و فرضیه‌های پژوهش با بهره‌گیری از مدل‌های رگرسیون چندگانه مبتنی بر تکنیک داده‌های ترکیبی مورد آزمون قرار گرفتند. نتایج پژوهش بیانگر آن است که بین گزارشگری مسئولیت‌پذیری اجتماعی و نقدشوندگی سهام شرکت‌ها رابطه مثبت معناداری وجود دارد. علاوه بر این، نتایج نشان داد که نظارت خارجی نقش تعدیل‌کننده در رابطه بین مسئولیت‌پذیری اجتماعی و نقدشوندگی سهام شرکت‌ها داشته و رابطه مثبت بین آن‌ها را تشدید می‌کند. یافته‌های پژوهش ضمن پر کردن خلأ تحقیقاتی صورت گرفته در این حوزه می‌تواند برای سرمایه‌گذاران، سازمان بورس اوراق بهادار و سایر ذینفعان اطلاعات حسابداری در امر تصمیم‌گیری راهگشا باشد | ||
| کلیدواژه‌ها | ||
| مسئولیت‌پذیری اجتماعی؛ نقدشوندگی سهام؛ نظارت خارجی | ||
| عنوان مقاله [English] | ||
| Corporate Social Responsibility and Stock Liquidity: The Moderating Role of External Monitoring | ||
| نویسندگان [English] | ||
| Mehdi Safari Gerayli1؛ Yasser Rezaei pitenoei2؛ Davood Hassanpour3 | ||
| 1department of accounting,Bandargaz Branch, Islamic Azad University, Bandargaz,Iran | ||
| 2Assosiate Professor of accounting, University of Guilan, Rasht, Iran. | ||
| 3Department of Accounting, Payame Noor University (PNU), Tehran, Iran | ||
| چکیده [English] | ||
| Today, the development of a comprehensive corporate social responsibility reporting in order to create transparency and accountability in capital markets, attracted considerable attention. Therefore, the purpose of the present study is to investigate the relationship between corporate social responsibility reporting and stock liquidity and study the moderating effect of external monitoring on this relationship. The present study is concerned with examining the association between social responsibility and stock liquidity as well as exploring the moderating effect of external monitoring on this relation. A sample of 87 firms listed in Tehran Stock Exchange during 2013 to 2018 is examined. To analyze data and test hypotheses, the multivariate regression model based on panel data is used. The results show that there is a significant positive relationship between corporate social responsibility reporting and stock liquidity. In addition, the results indicate that external monitoring played a moderating role in the relationship between corporate social responsibility and stock liquidity and exacerbated the positive relationship between them. Research findings can be useful for investors, the Securities and Stock Exchange organization and other stakeholders for decision making. | ||
| کلیدواژه‌ها [English] | ||
| Social Responsibility, Stock Liquidity, External Monitoring | ||
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