Javad Sadeghi Panah; parviz Saeidi; Rahebeh Boroumand
Volume 4, Issue 2 , April 2015, , Pages 102-117
Abstract
This research focuses on the measurement of the quality of corporate governance and on whether there exists a relationship between corporate governance and firm performance for a sample of the Top 100 companies. With reference to the battery of models available from the literature and the Code ...
Read More
This research focuses on the measurement of the quality of corporate governance and on whether there exists a relationship between corporate governance and firm performance for a sample of the Top 100 companies. With reference to the battery of models available from the literature and the Code of Corporate Governance applicable to Mauritius, a checklist measuring the effect of 13 key factors was developed and studied in relation to the Taffler model. Analysis from the results shows that on the overall, there is no difference in performance for companies having poor and excellent quality of governance. Hence no significant relationship has been found between corporate governance and financial performance.
Gholamreza Soleimani Amiri; Najmeh Khodabakhshi
Volume 3, Issue 3 , July 2014, , Pages 175-187
Abstract
The present article examines the relationship between corporate social responsibility and financial performance listed in the Tehran Stock exchange. In order to collect information pertaining to corporate social responsibility, a questionnaire was used containing questions on social responsibility regarding ...
Read More
The present article examines the relationship between corporate social responsibility and financial performance listed in the Tehran Stock exchange. In order to collect information pertaining to corporate social responsibility, a questionnaire was used containing questions on social responsibility regarding customers, employees, the environment and institutions within the society; corporate financial performance was measured using the Return on Assets (ROE). For this purpose 71 companies were examined in the time span from 2009 to 2013. To analyze the data, statistical regression was applied. Results of the research indicate the presence of a relationship between financial performance and the social responsibility towards customers and the environment, while no significant relationship was observed between the employees and social institutions. The present research shall assist managers in developing effective websites related to corporate social responsibility in order to achieve superior financial performance in the long term. It also provides a perspective, for companies, regarding the role of social responsibility in gaining future benefits.
