Relationship between Corporate Life Cycle and Corporate Social Responsibility, and Moderating Role of Financial Resources

Document Type : Research Paper

Authors

1 Associate Professor of Accounting, Tarbiat Modares University, Tehran, Iran.

2 M.A. of Accounting, Imam Khomeini International University, Qazvin, Iran.

10.22103/jak.2019.12295.2720

Abstract

Objective: The objective of this study is to examine the relationship between corporate life cycle and corporate social responsibility with regard to the moderating role of financial resources during the period 2012 to 2017.
Method: The data was collected by archival method with reference to the databases, and then was analysed by multivariate regression and panel data models with fixed effect.
Result: The findings showed that there is a positive relationship between maturity stage of life cycle and corporate social responsibility. However, in contrast to expectations, there is no moderating role for financial resources in the relationship between corporate life cycle and corporate social responsibility.
Conclusion: Matured firms in attempts to gain the competitive advantages of investments, invest more on corporate social responsibility than other firms.

Keywords

References

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History

  • Receive Date: 10 June 2018
  • Revise Date: 24 February 2019
  • Accept Date: 05 May 2019

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