Examining the Moderating Effect of Audit Committee Expertise on the Relationship between Corporate Social Responsibility and Financial Performance

Authors

  • Mehdi Zolfaghari * Department of Accounting, Sowme'eh Sara Branch, Islamic Azad University, Sowme'eh Sara, Iran. https://orcid.org/0000-0002-4613-6419
  • Iraj Shirinpour Department of Accounting, Sowme'eh Sara Branch, Islamic Azad University, Sowme'eh Sara, Iran.

https://doi.org/10.22105/aaa.v3i2.96

Abstract

The primary aim of the present study is to examine the relationship between Corporate Social Responsibility (CSR) and financial performance, while considering the moderating role of Audit Committee Expertise (ACE) in companies listed on the Tehran Stock Exchange (TSE). In this study, CSR and ACE are regarded as independent variables, whereas financial performance is considered the dependent variable. To achieve this objective, a sample of 145 companies listed on the TSE was examined over the period from 2019 to 2024. Following sample selection and data collection, the variables under investigation were measured, and the Chow and Hausman tests were ultimately employed to analyze the data and test the research hypotheses. The findings of the hypothesis testing indicate that CSR has a positive and statistically significant relationship with financial performance. However, the results of the second hypothesis indicate that, in firms with high ACE, CSR does not exhibit a significant relationship with financial performance. In other words, because there is no significant relationship between ACE and firms’ financial performance, ACE neutralizes the positive relationship between CSR and corporate financial performance.

Keywords:

Corporate social responsibility, Audit committee expertise, Financial performance

References

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Published

2026-06-15

Issue

Vol. 3 No. 2 (2026): Accounting and Auditing with Applications (AAA)

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How to Cite

Zolfaghari , M. ., & Shirinpour, I. . (2026). Examining the Moderating Effect of Audit Committee Expertise on the Relationship between Corporate Social Responsibility and Financial Performance. Accounting and Auditing With Applications , 3(2), 123-136. https://doi.org/10.22105/aaa.v3i2.96

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