Relationship between social responsibility disclosure and institutional ownership in companies listed in Tehran Stock Exchange

Document Type : Original Article

Authors
Mohammad Reza Pourali 1
Mohaddese Hajjami 2
1 Assistant Professor of Accounting, Department of Accounting, Islamic Azad University,Chaloos
2 Master of Accounting, Science and Research Branch, Islamic Azad University,Guilan
Abstract
The purpose of this research is to investigate the relationship between corporate social responsibility disclosure and its dimensions like disclosure level of information related to employee relations, community involvement, product and environmental with institutional ownership companies listed on the Tehran Stock Exchange. The sample has been selected as the systematic elimination that includes 60 companies and is choosen during the period of 1385 until 1389. Research method is "descriptive-correlation" and the purpose of the "application" and method of data collection is the "library" research. In order to increase confidence level than results hypotheses test is used the methodology panel data static and dynamic and estimates systems of equations done has been helped econometric methods generalized least squares. Research findings show that there are inverse relationship and significant between the corporate social responsibility disclosure, disclosure level of information for employee relationship, product and environmental with institutional ownership while there are not significant relationship between disclosure level of information related to community involvement with institutional ownership.
Keywords
Corporate Social Responsibility Disclosure
Institutional Ownership
Employee relations
community involvement
Product
environmental