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ارائه مدل رتبه اعتباری مبتنی بر سطح بهینه مسئولیت اجتماعی شرکت ها با رویکرد تجمع ذرات . | ||
| پژوهش‌های راهبردی بودجه و مالیه | ||
| مقاله 5، دوره 5، شماره 3 - شماره پیاپی 19، مهر 1403، صفحه 115-143 اصل مقاله (1.39 M) | ||
| نوع مقاله: مقاله پژوهشی | ||
| نویسندگان | ||
| مجید آذری پور1؛ آزیتا جهانشاد* 2؛ زهرا پور زمانی3 | ||
| 1دانشجوی دکتری تخصصی، رشته مالی - مهندسی مالی، گروه مالی و حسابداری، دانشکده مدیریت و اقتصاد، واحد علوم و تحقیقات، دانشگاه آزاد اسلامی، تهران، ایران | ||
| 2دانشیار، گروه حسابداری، واحد تهران مرکزی، دانشگاه آزاد اسلامی، مدعو دانشکده مدیریت و اقتصاد، واحد علوم و تحقیقات، دانشگاه آزاد اسلامی، تهران، ایران | ||
| 3دانشیار، گروه حسابداری، واحد تهران مرکزی، دانشگاه آزاد اسلامی، تهران، ایران | ||
| تاریخ دریافت: 11 فروردین 1403، تاریخ بازنگری: 17 خرداد 1403، تاریخ پذیرش: 18 مهر 1403 | ||
| چکیده | ||
| شرکت‌ها معمولاً زمانی از نظر اجتماعی مسئول تلقی می‌شوند که داوطلبانه اقداماتی را انجام می‌دهند که نه تنها به نفع سهامداران بلکه گروههای گسترده‌تری از ذینفعان و همچنین به نفع جامعه باشد. شرکتی که منافع ذینفعان مختلف را در عملیات تجاری خود ادغام میکند، سرمایه گذاری های بهتری انجام می دهد که منجر به ثروت بیشتر سهامدار و ارزش شرکت می شود. لذا اگر یک شرکت از نظر اجتماعی، مسئولیت پذیر باشد از شانس، اجرای بهتر، وفاداری ذینفعان و پیشنهادهای اعتباری بهتر بهره می‌برد.بر این اساس اگر فعالیت‌های مسئولیت اجتماعی برای شرکت سودمند باشد، چنین اثر مثبتی باید توسط سازمان‌های رتبه‌بندی اعتباری به‌خوبی دیده شود. این مقاله با هدف تعیین مقدار بهینه مسئولیت اجتماعی در سطوح مختلف رتبه اعتباری در نمونه آماری متشکل از 101 شرکت پذیرفته شده در بورس اوراق بهادار تهران پرداخته است. بدین منظور ابتدا با استفاده از مدل امتیاز بازار نوظهور، رتبه اعتباری شرکتهای مورد بررسی محاسبه گردید. در مرحله بعد به سه قسمت شرکتهای با رتبه اعتباری (منطقه سلامت، تردید و درمانده) تقسیم شدند. سپس سوال پژوهش با استفاده از الگوریتم بهینه یابی تجمع ذرات (PSO) نسبت به مسئولیت اجتماعی شرکت ها مورد تجزیه و تحلیل قرار گرفتند. نتایج بهینه الگوریتم تجمع ذرات حاکی است که مسئولیت اجتماعی نقش تعیین کننده ای در سطوح مختلف رتبه اعتباری در بورس اوراق بهادار تهران دارد. نتایج پژوهش به وضوح نشان داد که اجرای ابعاد مختلف مسئولیت اجتماعی میتواند منجر به کاهش ریسک نکول و افزایش سطوح مختلف رتبه اعتباری در شرکت های پذیرفته شده در بورس شود. | ||
| کلیدواژه‌ها | ||
| رتبه اعتباری؛ مسئولیت اجتماعی؛ الگوریتم تجمع ذرات | ||
| عنوان مقاله [English] | ||
| Providing a Credit Rating Model Based on the Optimal level of Corporate Social Responsibility with Particle Aggregation Approach | ||
| نویسندگان [English] | ||
| majid azaripour1؛ azita jahanshad2؛ zahra poorzamani3 | ||
| 1PhD student, Finance - Financial Engineering, Department of Finance and Accounting, Faculty of Management and Economics, Science and Research Unit, Islamic Azad University, Tehran, Iran | ||
| 2Associate Professor, Department of Accounting, Central Tehran Branch, Islamic Azad University, Visiting Faculty of Management and Economics, Science and Research Unit, Islamic Azad University, Tehran, Iran | ||
| 3Associate Professor, Department of Accounting, Central Tehran Branch, Islamic Azad University, Tehran, Iran | ||
| چکیده [English] | ||
| Companies are usually considered socially responsible when they voluntarily take actions that benefit not only their shareholders, but also broader groups of stakeholders as well as society at large. Firm that integrate various stakeholders’ interests in their business operations make better investments resulting in higher shareholder wealth and corporate value.Therefore, if a company is socially responsible, it benefits from superior chances, better execution, loyalty of stakeholders and better credit offers. Accordingly, if social responsibility activities are beneficial to the company, such a positive effect should be seen favorably by credit rating agencies. Therefore, this article aims to determine the optimal amount of social responsibility at different levels of credit rating in a sample of 101 companies admitted to the Tehran Stock Exchange For this purpose, first, using the emerging market score model, the credit rating of the investigated companies was calculated. In the next stage, companies with credit ratings were divided into three parts (health zone, doubt zone and helpless zone). Then, the research questions were analyzed using the particle aggregation optimization algorithm (PSO) in relation to the social responsibility of companies. The optimal results of particle aggregation algorithm indicate that social responsibility has a decisive role in different levels of credit rating in Tehran Stock Exchange. The results of the research clearly showed that the implementation of different aspects of social responsibility can lead to reducing the risk of default and increasing the different levels of credit rating in companies admitted to the Tehran Stock Exchange. | ||
| کلیدواژه‌ها [English] | ||
| credit rating, Corporate Social Responsibility, particle aggregation algorithm | ||
| مراجع | ||
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