The Role of Social Impact Risk Management on the Relationship between Sustainable Performance and Investment Performance

Sustainability is a wider concept that incorporates other concepts of social responsibility and is examined with concepts such as sustainability of competition, sustainability of reporting and social sustainability. The purpose of this study was to investigate the role of social impact risk management on the relationship between sustainable performance and investment efficiency. The purpose of this research is applied and from the methodological point of view is descriptive-correlational research. For this purpose, the required data from 79 listed companies in Tehran Stock Exchange during the period 1391 to 1395 were collected.In this research, social risk management involves risk management of social impact, as well as sustainability, including reporting sustainability, competition, and ownership. The results of the research indicate that social impact risk management reinforces the relationship between reporting sustainability and competition with investment efficiency, but does not strengthen the relationship between property sustainability and investment efficiency.