Intellectual Capital, Corporate Financial Performance and Social Responsibility

The main objective of our study was to test the relationship between intellectual capital and financial performance with social responsibility. To end, we investigate the relationship between intellectual capital and its components and social responsibility through financial variables. Population consisted of companies at Tehran Stock Exchange in which social responsibility was tested based on content analysis of annual reports of companies in 2019. Results show that intellectual capital does not significantly relate to corporate social responsibility. However, capital employed efficiency, one of its components, significantly impacted on the social responsibility, while the others including human and structural capitals efficiencies had no significant impact on. The findings of this study could suggest that companies listed at Tehran Stock Exchange could use of intellectual capital and improve their social responsibilities.