Disclosure of Environmental, Social and Governance Performance on the Supply and Demand of Business Credit
Subject Areas : Financial Economics
مصطفی ایزدپور
1
*
,
Mohammad Mohammadi Moghadam
2
,
زهرا حیدری سورشجانی
3
1 - Assistant Professor, Department of Accounting, Faculty of Economics and Management, University of Qom, Qom, Iran
2 - M.A of Accounting, Faculty of Economics and Management, University of Qom, Qom,
3 - PhD student, Department of Accounting, Faculty of Administrative Sciences and Economics, Isfahan University, Isfahan, Iran
Keywords: Disclosure of Environmental, Social and Governance Performance, Business Credit Supply, Business Credit Demand.,
Abstract :
As an important method of financing, trade credit has an important place in the operation and strategy of the company which can play a significant role in strengthening the supply chain of the company's relationship with customers. The basis of building business credibility is mutual trust, transparency of sustainable information, good social image and reputation are all useful for building business credibility. In this way, companies with environmental, social and governance performance attract companies with similar business philosophies and create a mutual trust mechanism that can increase the supply and demand of business credit for them. However, in the absence of empirical studies in Iran, the present study examines the disclosure of environmental, social and governance performance on the supply and demand of commercial credit. In this regard, a sample consisting of 130 companies admitted to the Tehran Stock Exchange was selected and tested during the period of 2015-2022. The results showed that the disclosure of the company's environmental, social and governance performance has a positive relationship with the demand for commercial credit. However, the disclosure of the company's environmental, social and governance performance is not positively related to the supply of commercial credit.
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