The effect of Corporate Governance System Factors on Business unit Research and Development Expenses with emphasis on Economic Sanctions Conditions

Subject Areas : Corporate governance

Mohammadreza Abbasi Astamal ¹ , Akbar Abbaspour ²

1 - Assistant Professor, Department of Accounting, Varzeghan Branch, Islamic Azad University, Varzeghan, Iran. .
2 - MSc, Department of Accounting, Ahar Branch, Islamic Azad University, Ahar, Iran

Received: 2023-03-28 Accepted : 2023-10-14 Published : 2023-05-22

Keywords: Economic Sanctions, Corporate Governance System, Research and development expenses,

Abstract :

The present study examines the impact of corporate governance system factors on research and development expenses of a business unit, emphasizing the conditions of economic sanctions. This research is practical in terms of its purpose, and from the point of view of correlation methodology, it is causal type (post-event). The statistical population of the research is the companies admitted to the Tehran Stock Exchange and using the systematic elimination sampling method, 130 companies were selected as the research sample in the 9-year period between 2013 and 2021. In this research, data banks, documents, records and audit reports of companies, financial statements and other documents and accompanying notes taken from the archives of Tehran Stock Exchange (Kedal website) have been used to collect information. The multivariate regression method was used as a statistical method and the relationship between the variables was investigated using Stata software version 16. The results of the research show that the factors of the corporate governance system have an effect on the research and development expenses of the business unit. Also, the conditions of economic sanctions have an effect on the relationship between the factors of the corporate governance system and the research and development expenses of the business unit.