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Article Information:
The Effect of Social Responsibility on Financial Performance of Automotive Companies listed in Tehran Stock Exchange
Sayed Ali Vaez, Ali Hussein Hosseinzadeh and Hamid Charbgo
Corresponding Author: Sayed Ali Vaez
Submitted: March 19, 2013
Accepted: April 12, 2013
Published: June 30, 2013 |
Abstract:
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The goal of this study is to study the effect of social responsibility on financial performance of
automotive companies listed in Tehran Stock Exchange. For this purpose, 30 managers and accountants companies
listed in Tehran Stock Exchange were selected by using simple random sampling and responded to the researcher
made questionnaire. Then, the collected data from these questionnaires were analyzed by using bivariate linear
regression test and the results indicated that the components of social responsibility including legal, economical,
moral and humanitarian responsibilities have positive and significant effect (p<0.01) on financial performance of
listed automotive companies in Tehran Stock Exchange.
Key words: Automotive companies, financial performance, social responsibility, stock exchange, , ,
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Cite this Reference:
Sayed Ali Vaez, Ali Hussein Hosseinzadeh and Hamid Charbgo, . The Effect of Social Responsibility on Financial Performance of Automotive Companies listed in Tehran Stock Exchange. Research Journal of Applied Sciences, Engineering and Technology, (06): 974-977.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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