Corporate Social Responsibility and Accounting Restatement: Evidence from Pakistan

Abstract

The study aims to analyze the relationship between corporate social responsibility and financial restatements. The study is conducted to check whether a CSR firm has to make less financial restatement. For this purpose, a sample of 150 non-financial firms are selected over the period of 2011-2018. The data are gathered from annual reports of these firms. Results of Logit regression analysis shows that CSR and financial statements are not significantly related with each other.

Keywords: Corporate Social Responsibility, Financial Restatements, Logit Regression

DOI: 10.7176/JPID/53-02

Publication date:March 31^st 2020