Document Type : Original Article
M.A. in Accounting, Razi University, Kermanshah, Iran
Member of the academic staff of Razi University, Faculty of Social and Educational Sciences, Kermanshah, Iran
The conflict between managers and shareholders is due to the asymmetry of the information that managers use to achieve their goals according to agency theory. Publishing corporate social responsibility reports is helpful for shareholders and users in reducing agency costs and information asymmetries in order to achieve reliable profits. In the present study, the relationship between ownership concentration and accounting profit value has been measured. The effect of social responsibility disclosure as a consistent disclosure of non-financial information on the relationship between dominant ownership and the value of accounting profits has also been examined. For this purpose, the data of about 70 companies listed on the Tehran Stock Exchange during the years 2011 to 2017 has been reviewed. The results of the present study show that there is a negative and significant relationship between dominant ownership and value of profit. Among the components of social responsibility, disclosure of information related to social participation and production factors on the relationship between dominant ownership and value of profit, has a meaningful and negative effect. While the disclosure of environmental information and employee relations has a significant and positive effect on this relationship. In fact, in companies where reporting is associated with disclosure of social responsibility, there is a weaker relationship between dominant ownership and earnings value.