The purpose of this study is the comparison of the effect of different models of social responsibility's information disclosure on companies’ financial constraints' reduction. Disclosure of information about the company’s social responsibility makes a positive image of the company on stockholders. Since the actions in accordance to financial constraints may pose a risk of stockholders' revenue, it is expected that in order to satisfy the stockholders, the company managers who are mostly trying to remove the financial constraints pay more attention to social responsibilities of the company.In this research 1000 years-company and the data collected from companies listed on Tehran Stock Exchange in year's 1388 to 1397 were observed. The results show that the social responsibility’s information disclosure based on the model of Carol, Willis, and Lantus has a negative and logical effect on companies’ financial constraints; but it doesn't have any logical effect on companies financial constraints based on the model of Conchay and Chopra. Besides the findings proved that the model of Carol has the most and the model of Conchay and Chopra has the least impression on reducing the financial constraints.
Safakhah, A., Faghani Makrani, K., & Fazeli, N. (2020). Comparing the impact of different models of social responsibilities information disclosure to reduce of financial constraints. Applied Research in Financial Reporting, 9(1), 163-192.
MLA
Abolfazl Safakhah; Khosro Faghani Makrani; Naghi Fazeli. "Comparing the impact of different models of social responsibilities information disclosure to reduce of financial constraints". Applied Research in Financial Reporting, 9, 1, 2020, 163-192.
HARVARD
Safakhah, A., Faghani Makrani, K., Fazeli, N. (2020). 'Comparing the impact of different models of social responsibilities information disclosure to reduce of financial constraints', Applied Research in Financial Reporting, 9(1), pp. 163-192.
VANCOUVER
Safakhah, A., Faghani Makrani, K., Fazeli, N. Comparing the impact of different models of social responsibilities information disclosure to reduce of financial constraints. Applied Research in Financial Reporting, 2020; 9(1): 163-192.
