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:: Volume 4, Issue 8 (2-2020) ::
aapc 2020, 4(8): 318-338 Back to browse issues page
Corporate Social Responsibility and Internal Control Weakness: The Empirical Testing of Stakeholder and signaling Theories
Reza Esmaeilpour1 , Yasser Rezaei Pitenoei 2, Mohammad Gholamrezapoor3
1- Associate professor of Management, University of Guilan, Rasht, Iran.(Esmaeilpour@guilan.ac.ir)
2- Assistant Professor of Accounting, University of Guilan, Rasht, Iran.(Corresponding Author) , rezaei.yasser@gmail.com
3- MA in Accounting.(Mohammad.gh5736@gmail.com)
Abstract:   (7579 Views)
responsibility tends to either culminate in the elimination of conflict of interests among stakeholders, thereby maximizing shareholders’ wealth or develop the procedures to manage management reputation in the marketplace at the expense of shareholders. The present study thus aims at investigating the association between the disclosure of corporate social responsibility and internal control weakness with respect to stakeholder and signaling theories in the Iranian listed firms. The research hypotheses are built upon a sample of 107 firms listed on the Tehran Stock Exchange during the years 2013-2017 and then tested using multivariate logistic regression model. The findings reveal that corporate social responsibility disclosure is significantly correlated with internal control weakness. This suggests that corporate social responsibility is concerned with eliminating the conflict of interests among stakeholders, thereby maximizing shareholders’ wealth and improving internal control efficacy.
Keywords: Social Responsibility, Internal Control Weakness, Stakeholder Theory, Signaling Theory.
Full-Text [PDF 201 kb]   (1131 Downloads)    
Type of Study: Research | Subject: Special
Received: 2019/02/4 | Accepted: 2019/04/21 | Published: 2020/02/8
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Esmaeilpour R, Rezaei Pitenoei Y, Gholamrezapoor M. Corporate Social Responsibility and Internal Control Weakness: The Empirical Testing of Stakeholder and signaling Theories. aapc 2020; 4 (8) :318-338
URL: http://aapc.khu.ac.ir/article-1-596-en.html
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Volume 4, Issue 8 (2-2020) Back to browse issues page
دوفصلنامه علمی حسابداری ارزشی و رفتاری journal of Value & Behavioral Accounting
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