تأثیر عملکرد پایداری شرکتهای همتا بر عملکرد پایداری شرکت
الموضوعات : Financial and Behavioral Researches in Accountingرویا شمسی 1 , محمد مهدی بینایی 2
1 - گروه حسابداری، واحد شاهین شهر، دانشگاه آزاد اسلامی، شاهین شهر، ایران.
2 - حسابداری، دانشکده حسابداری، گروه حسابداری، دانشگاه آزاد اسلامی واحد شاهین شهر
الکلمات المفتاحية: اثرات همتا, پایداری شرکتی, اندازه شرکت,
ملخص المقالة :
امروزه عملکرد پایداری شرکتها، که ابعاد محیطی، اجتماعی و حاکمیت شرکتی را در بر گرفت، به یکی از مهمترین شاخصهای ارزیابی موفقیت بنگاهها در بازارهای سرمایه تبدیل شد. ذینفعان مختلف از جمله سرمایهگذاران، نهادهای ناظر و جامعه، نهتنها به نتایج مالی شرکتها، بلکه به نحوه مدیریت پیامدهای زیستمحیطی، مسئولیتهای اجتماعی و ساختارهای حاکمیت شرکتی نیز توجه فزایندهای نشان دادند. ادبیات اخیر نشان داد که عملکرد پایداری شرکتهای همتا با ایجاد سرریزهای اطلاعاتی، فشار مشروعیت و نوعی «رقابت پایداری»، بر انتخابهای راهبردی سایر شرکتها در حوزه محیط زیست، مسئولیت اجتماعی و حاکمیت شرکتی اثر گذاشت. بر این اساس، این پژوهش تأثیر عملکرد پایداری شرکتهای همتا بر عملکرد پایداری شرکتهای پذیرفتهشده در بورس اوراق بهادار تهران را بررسی کرد. برای این منظور، ۱۱۴ شرکت تولیدی فعال در بورس اوراق بهادار طی بازه زمانی ۱۳۹۲ تا ۱۴۰۲ بهعنوان جامعه آماری در نظر گرفته شد. این پژوهش از نظر هدف کاربردی بود و برای تجزیهوتحلیل دادهها از روش رگرسیون خطی چندگانه استفاده شد. یافتههای فرضیه پژوهش نشان داد که عملکرد پایداری شرکتهای همتا بر عملکرد پایداری شرکت تأثیر مثبت و معناداری داشت. نتایج حاصل از فرضیه پژوهش را میتوان از منظر نظریه یادگیری سازمانی و نظریه همسویی اجتماعی تفسیر کرد. براساس این نظریهها، عملکرد همتایان بهعنوان محرک قوی برای اصلاح رفتارها و راهبردهای پایداری در شرکت کانونی عمل کرد. ماهیت غیرقابل پیشبینی بازده سرمایهگذاری شرکتی، با در نظر گرفتن درک ریسک و فرض ریسک، نقش اساسی در تصمیمگیری سرمایهگذاری شرکتها، بهویژه در زمینه پایداری مانند سرمایهگذاری در حوزههای مختلف زیستمحیطی، اجتماعی و حاکمیتی ایفا کرد. تحت چنین زمینه و عدم قطعیتهایی، اثرات همتا دیدگاه مدیران را در مورد ریسک و تحمل آنها برای ریسکپذیری در اجرای پروژههای مرتبط با پایداری شرکتی شکل داد.
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