Investigating the impact of corporate social responsibility criteria in paying management incentives on reducing profit management

Arezou Shakeri¹ Masoumeh Honarimehr²

1) Master of Financial Management
2) Master of Economics

Publication : 4th International Conference on Advanced Research in Management And Humanities(huconf.com)
Abstract :
Nowadays, investors pay special attention to the profit figure as one of the important decision-making factors, these researches have their own special importance from the behavioral aspect. The purpose of this research is to investigate the impact of corporate social responsibility criteria in the payment of management incentives on the reduction of profit management in companies listed on the Tehran Stock Exchange. For this purpose, data related to 100 companies accepted in Tehran Bahadur Stock Exchange during the years 2009 to 2021 were analyzed by panel data method using Eviews10 software. In this research, in the first hypothesis, the variables; The integration of CEO-CSR criteria, company size, financial performance, extra-financial performance, major shareholder, legal audit of accounts have a significant effect on the discretionary income variable, and the variables: CEO tenure and debt level did not show a significant effect. In the second hypothesis, the variables; The integration of CEO-CSR criteria, company size, financial performance, legal audit of accounts have a significant effect on the real profit management variable, and the variables: CEO tenure, extra-financial performance and major shareholder did not show a significant effect.
Keywords : corporate social responsibility criteria managerial incentives profit management.