Title of article :
The Effect of CEO Overconfidence and CEO Narcissism on the Relationship between Social Responsibility and Financial Performance in the Listed Companies in Tehran Stock Exchange
Author/Authors :
Ghafourian Shagerdi, Amir Department of Management and Accounting - Imam Reza International University - Mashhad, Iran , Javan, Mahbube Department of Management and Accounting - Imam Reza International University - Mashhad, Iran , Ghafourian Shagerdi, Mohammad Sajjad Department of Management and Accounting - Imam Reza International University - Mashhad, Iran
Abstract :
The present study aimed to investigate CEO overconfidence and narcissism on the relationship between social responsibility and financial performance in companies listed on the Tehran Stock Exchange. This research was applied in purpose and was descriptive-correlational in its method. This research's statistical population included all the firms listed in the Tehran Stock Exchange, 147 companies operating in various industries from 2011 to 2016. The hypothesis testing method was performed by the regular regression method using Eviews software. The results showed that there was a positive and significant relationship between social responsibility and financial performance. Furthermore, overconfidence had no significant effect on the relationship between social responsibility and financial performance. Finally, CEO narcissism did not significantly affect the relationship between social responsibility and financial performance.
Keywords :
Tehran Stock Exchange , Financial Performance , Social Responsibility , CEO Narcissism , CEO Overconfidence
Journal title :
Iranian Journal of Accounting, Auditing and Finance (IJAAF)
