Karafan Journal

Karafan Journal

Conservatism and Social Responsibility: Emphasizing the Role of Macroeconomic Uncertainty

Document Type : Original Article

Authors
Saeed Pakdelan 1
Jalal Azarberahman 2
Alireza Azarberahman 3
Amir Monajjemi 4
1 PhD in Accounting, University of Mazandaran and Assistant Professor, Department of Accounting, Shandiz Non-profit Higher Education Institute, Mashhad, Iran.
2 PhD in Accounting, Science and Research Branch, Islamic Azad University, Tehran, Iran.
3 PhD student in Accounting, Mazandaran University and a member of the Faculty of Accounting, Shandiz Non-Profit Higher Education Institute, Mashhad, Iran.
4 Master of Accounting, non-profit institute of higher education, Shandiz, Mashhad, Iran.
10.48301/kssa.2023.350520.2194
Abstract
Fulfilling the social responsibility of companies is a type of response to the expectations of the society in which they operate. Based on this, although there are limitations in the resources available to managers, managers have the duty of thinking about the general interests of society. The main purpose of this research was to investigate the effect of accounting conservatism on social responsibility. To advance the purpose of the present research, 117 listed companies were selected for the years 2014 to 2020 using the screening method. To measure the social responsibility variable, the economic, legal, ethical and socio-environmental dimensions were used based on the principal component analysis (PCA) method. In addition, correlation and multivariate regression methods were used to test the research hypotheses. The results of the research showed that with the improvement of the level of social responsibility, the level of accounting conservatism will increase. The results also indicated that macroeconomic uncertainty can have a significant negative effect on the relationship between social responsibility performance and accounting conservatism.
Keywords
Fulfilling Social Responsibility Conservatism
Macroeconomic Uncertainty
Financial Reporting
Information Asymmetry
Subjects
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Karafan Journal
Volume 21, Special Issue
Humanities
Winter 2025
Pages 65-84

  • Receive Date 20 August 2022
  • Revise Date 03 May 2023
  • Accept Date 28 May 2023