The impact of economic policy uncertainty and corporate social responsibility with emphasis on the mediating role of intellectual capital and research and development

Subject Areas : Journal of Iranian Social Development Studies

malihe alifarri ¹ , Mitra Hamedinejad ²

1 - Assistant Professor, Islamic Azad University, Tehran West Branch
2 - Master of Accountancy Islamic Azad University, Department of Electronics

Received: 2022-09-28 Accepted : 2022-10-25 Published : 2007-12-22

Keywords: company value, intangible assets, Economic policy uncertainty, R&D,

Abstract :

The current research was conducted with the topic of economic policy uncertainty and company value: the mediating role of intellectual capital and research and development. The research is considered to be applied in terms of purpose and in terms of descriptive-correlational method. The statistical population of this research is all the companies of Tehran Stock Exchange during the years 2014 to 2016. The sample used was also selected through the method of systematic exclusion from the statistical population, in this order, 114 companies have been selected as the research sample, to examine and test the hypotheses. Research data analysis was done using EVIEWS10 software and regression test. The results showed that there is a positive and significant relationship between economic policy uncertainty and social responsibility; Intellectual capital has a positive and significant effect on the relationship between social responsibility and company value; Intellectual capital has a positive and significant effect on the relationship between corporate governance and company value; Research and development has a positive and significant effect on the relationship between social responsibility and company value, and research and development has a positive and significant effect on the relationship between corporate governance and company value.