The Relationship between Social Responsibility Disclosure and Cash Holdings

Document Type : Original Article

Author

• Naimeh Ghodsi Khamiri

Department of Accounting, Payame Noor University of Tehran. Tehran, Iran

10.22067/ijaaf.2021.39507

Abstract

The present study investigates the relationship between social responsibility and cash holdings. The sample contains 770 firm years listed on the Tehran Stock Exchange from 2011 to 2017. The software used for statistical analysis is Stata 12, and the hypotheses were tested according to the multivariable linear regression test.  The results suggest a negative and significant relationship between social responsibility and cash holdings. Furthermore, the results indicate that corporate governance negatively affects cash holdings. In addition, the results show the relationship between unsystematic risk and cash holdings is positive.

Keywords

• Social Responsibility
• Cash Holdings
• Unsystematic Risk
• Governance Score

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