M.A. Thesis:

Effects of Managerial Ability on socially responsible performance With Mekanism Corporate governance Moderate

Investors today value social responsibility as a factor in making investment decisions. Investors consider social responsibility activities as a resource for assessing corporate sustainability. In cases where the company does not carry out social responsibility programs, stakeholders can ask about their obligations under social responsibility. In addition, in these circumstances, when the company can not afford social responsibilities, investors assume that the company can not maintain the stability of its business, and consequently repel investors, and they will not be willing to invest in the company. In this study, the effect of managers' ability on the level of corporate social responsibility in the first place was investigated. As a result, for the period 1392 to 1396 for 98 companies listed on the Tehran Stock Exchange in the second degree, the moderating effect of corporate governance characteristics, including board independence and managers 'rewards on the relationship between managers' ability and social responsibility was investigated. The mentioned hypotheses were tested at the error level of 0.05 using Ivory software and data panel method. And the overall results showed that only managers' rewards moderate the relationship between management ability and social responsibility. And the relationship is positive, so managers' rewards intensify the relationship between the variables. No significant relationship was observed between other variables.

Keywords: Management Ability, Social Responsibility, Managers' Rewards, Board Independence.