Template-Type: ReDIF-Article 1.0
Author-Name: Pourmansouri, Rezvan
Author-Name-First: Rezvan
Author-Name-Last: Pourmansouri
Author-Email: Rezvan.pourmansouri@yahoo.com
Author-Workplace-Name: Department of Management and Economics, Science and Research Branch, Islamic Azad University, Tehran, Iran
Author-Name: Damoori, Dariush
Author-Name-First: Dariush
Author-Name-Last: Damoori
Author-Email: d.damoori@yazd.ac.ir
Author-Workplace-Name: Department of Accounting and Financial, Faculty of Economics, Management and Accounting, Yazd University, Yazd, Iran
Author-Name: Fallah, Mir Feiz
Author-Name-First: Mir Feiz
Author-Name-Last: Fallah
Author-Email: mirfeiz.fallah@iau.ac.ir
Author-Workplace-Name: Department of Financial Management, central Tehran Branch, Islamic Azad University, Tehran
Author-Name: Dekamini, Fatemeh
Author-Name-First: Fatemeh
Author-Name-Last: Dekamini
Author-Email: f.dekamini@mahanbs.net
Author-Workplace-Name: Department of Business Management, Mahan Business School, Tehran, Iran
Author-Name: Birau, Ramona
Author-Name-First: Ramona
Author-Name-Last: Birau
Author-Email: ramona.f.birau@gmail.com
Author-Workplace-Name: University of Craiova, "Eugeniu Carada" Doctoral School of Economic Sciences, Craiova, Romania and "Constantin Brāncusi" University of Tārgu Jiu, Faculty of Economic Science, Tg-Jiu, Romania
Title: An Investigation into the Impact of Managerial Overconfidence, Real Earnings Management, and Enterprise Risk Management on Corporate Social Responsibility
Abstract: Corporate social responsibility (CSR) has emerged as a new and sensitive topic in the theoretical literature of accounting research. It is considered a fundamental factor for the survival of companies and has attracted attention from various perspectives of investors, managers, and researchers. Researchers have identified numerous variables as influential factors in CSR. However, this study specifically focuses on examining factors such as Enterprise Risk Management (ERM), Real earnings management (REM), and CEO overconfidence in relation to CSR. This research used data related to 121 companies listed on the Tehran Stock Exchange (TSE) from 2010 to 2022. The results of the hypotheses in this study indicate that when a company lacks an appropriate risk management mechanism (with more unconventional risk management), the level of CSR is lower. Alternatively, managers with higher overconfidence are motivated and inclined to manipulate real earnings. They may endeavor to justify their misuse of company financial resources under the pretext of fulfilling CSR.
Keywords: Managerial Overconfidence, Real Earnings Management, Enterprise Risk Management, Corporate Social Responsibility
Journal: International Journal of Economics and Financial Issues
Pages: 198-209
Volume: 15
Issue: 5
Year: 2025
Month: 08
DOI: 10.32479/ijefi.19883
File-URL: https://econjournals.com/index.php/ijefi/article/download/19883/9195
File-Format: application/pdf
Handle: RePEc:eco:journ1:v:15:y:2025:i:5:id:19883