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Do CEO Political Connections and Firm Social Responsibility Affect Debt Level?

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  • Mohamed Ali Azouzi

    (Faculty of Economics and Management of Mahdia, University of Monastir, Tunisia)

Abstract

The objective of this study was to describe the effect of CEO political connection and firm social responsibility on debt access. These constructions have been evaluated in Tunisian firms. The results showed the presence of a positive relationship between political connection, corporate social responsibility, and the debt level. The authors also verified the presence of a negative relationship between political connection and the social responsibility of Tunisian companies. This research has shown how political connection and social responsibility improve the image of the company and facilitate their access to external funding methods. Tunisian companies are advised to know the importance of political connection and social responsibility in the selection of their leaders.

Suggested Citation

  • Mohamed Ali Azouzi, 2020. "Do CEO Political Connections and Firm Social Responsibility Affect Debt Level?," International Journal of Responsible Leadership and Ethical Decision-Making (IJRLEDM), IGI Global, vol. 2(2), pages 10-27, July.
  • Handle: RePEc:igg:jrledm:v:2:y:2020:i:2:p:10-27
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