CEO Power and Sustainability Reporting in Iran: Effect of Life Cycle and International Relations

Document Type: Original Article

Authors

1 Assistant Prof, Department of Accounting, Faculty of Social Sciences and Economics, Alzahra University, Tehran, Iran.

2 M.Sc in Accounting, Department of Accounting, Faculty of Social Sciences and Economics, Alzahra University, Tehran, Iran.

10.22034/ijf.2020.245563.1151

Abstract

In recent years, corporate sustainability reporting and its effective dimensions on it have always been considered from the perspective of users of financial reporting. Sustainability reporting is the environmental, social, and economic achievements of a company and shows how the organization implements its development plans in the future, taking into account these issues. In this study, the relationship between CEO power, life cycle, and sustainability reporting has been investigated and the effect of international relations has been considered. To investigate this issue, 4 hypotheses were developed and tested with a sample consisting of 119 companies listed on the Tehran Stock Exchange in the period 2012 to 2019. The results showed that CEO power has a negative effect on sustainability reporting and life cycle has a positive effect on the relationship between CEO power and sustainability reporting. The results of the study did not confirm the adjusting effect of international relations on the relationship between CEO power and sustainability reporting, while the results showed that international relations hurt the relationship between life cycle and corporate sustainability reporting.

Keywords


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