The moderating role of manager's narcissism on the relationship between environmental uncertainty and CSR

Narcissism which is considered as a personality structure could affect the managers’ judgement and decision making of various probabilities. According to the recent studies, narcissism plays a vital role on doing the corporate social responsibilities activities among the managers. The present study aimed to determine effect the moderating role of managers’ narcissism on the relationship between environmental uncertainty and CSR in companies listed to Tehran Stock Exchange. The overall research method is applied in terms of its purpose and is based on post-marketing research design. Of the comparable firms listed in Tehran Stock Exchange, through systematic knockout, 134 companies have been studied over a period of 5 years. To determine the relationship between variables, multiple linear regressions based on panel data analysis with fixed effects has been used. The results of the analysis of hypotheses showed that there is a negative and significant relationship between environmental uncertainty and corporate social responsibility. Also, the effect of director's narcissism on the relationship between environmental uncertainty and corporate social responsibility is positive and significant.