The effect of firm size on the relationship between corporate social responsibility and economic performance

Concerns about economic growth, social cohesion, and environmental awareness are not new, but the details of the simultaneous combination of the three goals are becoming more urgent every day. It is important to examine the decisions of business executives to make subsidiaries unprofitable during times of economic crisis. In particular, it is important to pay attention to firms and to examine how firms' decision-making decisions differ from those predicted by the traditional risk diversification perspective. Therefore, the purpose of this study is to investigate the effect of company size on the relationship between social responsibility and economic performance of companies listed on the Tehran Stock Exchange during the years 1390 to 1397 with a sample of 200 companies. To test the hypothesis, multivariate linear regression and hybrid data were used using the generalized least squares model. The results show that the company's social responsibility activities are performed in their economic, social and environmental aspects, improve their economic performance, and this relationship is adjusted to the size of these organizations. The larger the size, the stronger the relationship.