INVESTIGATING THE RELATIONSHIP BETWEEN MANAGERS' NARCISSISM AND SOCIAL RESPONSIBILITY BY CONSIDERING THE MODERATING ROLE OF BOARD INDEPENDENCE IN COMPANIES LISTED ON THE TEHRAN STOCK EXCHANGE

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Ali Zabihi Zarinkalaei , Arameh Maleki Khoshkebijari

Abstract

The purpose of this study is to investigate the relationship between managers' narcissism and social responsibility by considering the moderating role of board independence in companies listed on the Tehran Stock Exchange. The statistical population of the study is all companies listed on the Tehran Stock Exchange during the years 1394-1398. In order to select the statistical sample, the purposive removal method was used which after applying the relevant criteria, 166 companies were selected as the statistical sample. In the present study, regression analysis was used to test the research hypotheses. The results of the first hypothesis test showed that there is a direct and significant relationship between managers' narcissism and social responsibility. Also, the findings of the second hypothesis test showed that the independence of the board of directors has a positive and significant effect on the relationship between managers' narcissism and social responsibility.

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