Social Responsibility Disclosure and Corporate Governance

Abstract

This research investigates the relationship between socialand environmental information disclosure level and two corporategovernance mechanisms such as institutional ownership and nonexecutivedirectors of Iranian firms. To measure SEIDL, contentanalysis was employed. The statistical population of this research isthe firms listed in the Tehran Stock Exchange (TSE). We use a sampleof 66 firms in different industry during 2006 to 2011. The regressionhas been used to test the research hypothesis. The results show thatthere is a positive significant relation between size and social andenvironmental information disclosure level, but there is no meaningfulrelationship between the social and environmental informationdisclosure level and institutional ownership and non-executivedirectors.

Keywords

• Corporate Governance
• Institutional Ownership
• Non-executive Directors
• Social and Environmental Disclosure