The Relationship between Corporate Social Responsibility and CEO Compensation

Document Type : Research Paper

Authors

1 Associate Professor of Accounting, Islamic Azad University, South Tehran Branch, Tehran, Iran

2 PhD Student of Accounting, Islamic Azad University, South Tehran Branch, Tehran, Iran

Abstract

Corporate social responsibility has a great impact on different aspects of accounting and finance. From the earliest classic studies by Bowen (1953), the importance of Corporate Social Responsibility (CSR) and its impact on society have been explored from various viewpoints  and
 it has led to different views on responsibility and development of reporting framework and Corporate Social Responsibility concept. The aim of this study was to examine the relationship between corporate social responsibility and CEO compensation in firms listed on the Tehran Stock Exchange. Information required for the study, were collected in financial statements of 100 firms in the period 2012-2017. In this research, the criteria included social participation, employee relations, environment, product characteristics and cash reward board were used for measuring of corporate social responsibility and CEO compensation respectively. The results of the study showed that there is a significantly positive relationship between corporate social responsibility and CEO compensation.

Keywords

References

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History

  • Receive Date: 03 August 2018
  • Revise Date: 17 November 2018
  • Accept Date: 26 November 2018

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