The Impact of Institutional Cross-Ownership on Corporate Social Responsibility Considering the Mediating Role of Industry Competition

Articles in Press

Document Type : Research Paper

Authors

1 Associate Professor of Accounting, Faculty of Economics and Management, Urmia University, Urmia, Iran

2 Faculty of Economics and Management, Urmia University , Urmia, Iran

3 Faculty of Economics and Management, Urmia University, Urmia, Iran

Abstract

Objective: This study aims to examine the impact of institutional cross-ownership on corporate social responsibility (CSR) and industry competition, analyzing the mediating role of industry competition in this relationship. This topic is of significant importance, as ownership structure can have diverse and complex effects on corporate social and competitive behaviors.

Method: The study is applied in terms of its objective and falls under the category of descriptive-correlational research in terms of analyzing the relationship between variables. The statistical population consists of companies listed on the Iranian capital market, with research data collected over a 10-year period from 2014 to 2023. The hypotheses were tested using multivariate regression models.

Findings: The results revealed that institutional cross-ownership has a positive and significant impact on CSR. It was also found that institutional cross-ownership contributes to strengthening industry competition, promoting ethical practices and sustainable business strategies. Furthermore, industry competition acts as an effective mediator between institutional cross-ownership and CSR, as increased competition encourages companies to be more committed to social responsibilities.

Innovation: This study provides new and practical evidence in the field of corporate governance and market competition, which can contribute to better strategic decision-making in corporate management and improve the balance between economic and social performance.

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Main Subjects

Journal of Asset Management and Financing

Articles in Press, Accepted Manuscript
Available Online from 14 April 2025

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