The moderating role of corporate social responsibility on the relationship between related party transactions and firm value

In this study, the moderating role of corporate social responsibility on the relationship between related party transactions and firm has been investigated. The statistical population of the study was all companies listed on the Tehran Stock Exchange in the period 2014 to 2020 that the purposeful removal method was used to determine the statistical sample size. Finally, 102 companies were selected as a statistical sample. Data analysis and testing was performed using the combined data approach and the fixed effects data method. The results showed that related party transactions on the firm value have a significant relationship ,so that sales transactions increase the value of the company and purchase transactions lead to a decrease in the value of the company. In examining the fourth hypothesis, it was found that the company's social responsibility had a moderating role on the relationship between related party transactions and the firm value.The results of the study indicate the effectiveness of related party transactions dependent on the value of the company and show the market response to such transactions. Social responsibilities are also a factor affecting the above relationships.