:: Volume 7, Issue 27 (Quarterly Journal of Fiscal and Economics Policies 2019) ::
2019, 7(27): 133-159 Back to browse issues page
The Impact of Corporate Social Responsibility and Influential Institutional Ownership the Firm Valuel
Fraydoon Rahnamay Roodposhti, Annahita Zandi
Abstract:   (896 Views)
 This study examines the relationship between corporate social responsibility and Influential Institutional Ownership on the value of companies admitted to the Tehran Stock Exchange during the period of 2011-2017. By screening, 152 sample companies were identified. To test the hypothesis of the research, linear regression has been used based on panel data. The findings of this research show that corporate social responsibility and high-impact institutional ownership have a positive and significant relationship with the companychr('39')s value. Also, high institutional ownership has a significant and positive impact on the relationship between CSR and company value. In fact, the impact of CSR on the value of a company with a level Influenced institutional ownership has  changed and the companychr('39')s value increases.
This study examines the relationship between corporate social responsibility and Influential Institutional Ownership on the value of companies admitted to the Tehran Stock Exchange during the period of 2011-2017. By screening, 152 sample companies were identified. To test the hypothesis of the research, linear regression has been used based on panel data. The findings of this research show that corporate social responsibility and high-impact institutional ownership have a positive and significant relationship with the companychr('39')s value. Also, high institutional ownership has a significant and positive impact on the relationship between CSR and company value. In fact, the impact of CSR on the value of a company with a level Influenced institutional ownership has  changed and the companychr('39')s value increases.
 
Keywords: Corporate Social Responsibility, CompanyValue, institutional ownership
Full-Text [PDF 860 kb]   (242 Downloads)    
Type of Study: Research | Subject: Special
Received: 2018/12/26 | Accepted: 2019/07/2 | Published: 2019/12/21


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Volume 7, Issue 27 (Quarterly Journal of Fiscal and Economics Policies 2019) Back to browse issues page