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Relationship between Company Life Cycle and Social Responsibility of Companies Listed on Tehran Stock Exchange
Journal: ICP Business, Economics and Finance
Issue: ICP Business, Economics and Finance (Volume: 5, Issue: 1)
Author: Mehdi Valizadeh , Mahmoud Baghban Torgadri , Seyed Mohammad Javadi
Keywords : Tehran Stock Exchange , Company life cycle , corporate social responsibility
Abstract:

The purpose of the study is to explore the relationship between company life cycle and social responsibility of companies listed on the Tehran Stock Exchange. The concept of corporate social responsibility in the last decade has become a prevalent and dominant paradigm of company administration. Big and world class companies find responsibility for the society and social environment as a part of their companies’ strategy. This concept is an issue that is currently very intriguing to companies in the developed countries. The results of the research indicated that company life cycle is positively related to the participation in social responsibility activities. The life cycle constraint showed no effect on social responsibility activities.

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