The Impact of Corruption on Environmental Tehran Stock Exchange

 Corruption is a complex, multidimensional phenomenon with multiple causes and effects, ranging from an individual act (such as bribery) to a pervasive act that encompasses all elements of the political and economic system. Despite the complexity, difficulty and sensitivity of dealing with this complication, in recent years, extensive studies have been conducted to measure corruption, explain the reasons for committing such criminal activity and provide deterrent solutions by the international community. The purpose of this study was the impact of corruption on the environmental sustainability of companies. The spatial scope of this research was the companies listed on the Tehran Stock Exchange and the time domain was between 2016 and 2020. 107 companies are selected by eliminated systematic method as sample. As data nature, this is a kind of quantitative study and as purpose, this is a kind of applied study. Jarque-Bra test is done for normality testing. Regression significance and coefficient significance tests are considered in order to investigate significance in regression pattern. Heterogenity, F-limer and Husman tests are considered as regression pre-test as well. The results showed that financial corruption affects the environmental sustainability of companies. The impact of corruption on environmental sustainability varies between large and small companies. The impact of corruption on environmental sustainability varies in companies with high and low financial performance.