An Analysis of the Acceptance of Corporate Citizenship from the Perspective of Audit Committee

Document Type : Original Article


1 Associate Professor of Accounting, University of Guilan, Rasht, Iran.

2 Department of Accounting, Bandargaz Branch, Islamic Azad University, Bandargaz, Iran.

3 MA in Accounting

4 MA in Accounting, Auditor of Behdad Hesab Aria Institute.


Society benefits from the activities and behaviors of companies, and Corporate Citizenship as a member of the community has the responsibility of being accountable to the company. Also, corporate social responsibility disclosure (Corporate Citizenship) is more important in decision-making of investors. On the other hand, corporate social responsibility disclosure will improve with corporate governance mechanism that set of rules on basis of handling, controlling and monitoring. So, the main aim of this research is to investigate the impact of existence of audit committee on CSR disclosure. The research hypothesis was developed on a basis of a sample of 149 firms listed on the Tehran Stock Exchange during the years 2012-2018, and then was tested using multivariate regression model based on panel data. The results indicate that the presence of audit committee is positively associated with corporate social responsibility disclosure. Research findings, while expanding the theoretical literature on social accounting, it can help investors, capital market regulators, and other stakeholders better understand the impact of the audit committee on disclosing social responsibility and accepting corporate citizenship and provide useful information to investors and guide them in their decisions.



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