بررسی رابطۀ مسئولیت‌پذیری اجتماعی شرکتی و خطر سقوط آتی قیمت سهام

نوع مقاله : مقاله پژوهشی

نویسندگان

1 استادیار حسابداری، دانشگاه الزهرا (س)

2 کارشناسی ارشد حسابداری، دانشگاه الزهرا (س)

چکیده

مسئولیت اجتماعی شرکت‌ها بر پاسخ‌گویی واحد تجاری به‌عنوان پایه و اساس رفتار یک سازمان در اجتماع تمرکز دارد و مبین چگونگی کسب‌وکار مسئولانه همراه با تولید ثروت است. واحدهای تجاری در مقابل کلیۀ ذی‌نفعان خود مسئول هستند. هدف پژوهش حاضر بررسی ارتباط مسئولیت‌پذیری اجتماعی شرکتی و خطر سقوط آتی قیمت سهام در شرکت‌های پذیرفته‌شده در بورس اوراق بهادار تهران است. به همین منظور برای اندازه‌گیری مسئولیت‌پذیری اجتماعی شرکتی از 24 آیتم گزارش هیئت‌مدیره و برای محاسبۀ خطر سقوط سهام از چولگی شرطی منفی بازدۀ ماهانه شرکت طی سال مالی و نوسان‌پذیری پایین به بالای (قیمت) احتمال سقوط  استفاده شده است. آزمون فرضیه برای داده‌های شرکت‌های عضو بورس اوراق بهادار تهران برای دورۀ زمانی 1388 تا 1392 با استفاده از روش داده‌های تلفیقی انجام شده است. نتایج حاصل از آزمون فرضیۀ اول وجود رابطۀ معناداری را میان مسئولیت‌پذیری اجتماعی شرکتی و خطر سقوط آتی قیمت سهام بر مبنای چولگی شرطی منفی تأیید نمی‌کند؛ این در حالی است که نتایج حاصل از آزمون فرضیۀ دوم، وجود رابطۀ منفی معنادار میان مسئولیت اجتماعی شرکتی و خطر سقوط آتی قیمت سهام بر مبنای معیار نوسان‌پذیری پایین به بالای قیمت سهام را تأیید می‌کند.

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