Designing A Social Audit Model to Increase the Capital Adequacy of Banks Its Impact on Reducing the Expectation Gap in Society

Abstract

The aim of this research is to design an applied model for the practical implementation of social auditing in increasing capital adequacy in banks and its effect on reducing the expectation gap in society using the Grand Theory method and also its validation using the Structural Equation Modeling method. This research has a combined quantitative and qualitative approach and to collect data in the qualitative part, semi-structured interviews were conducted with 18 Iranian academic and banking experts using a purposive sampling method. In the quantitative part, the statistical population included the community of certified public accountants, from whom 336 people were selected by random sampling and the data collection method in this part was the use of a questionnaire. Our findings in the qualitative part led to the identification of the category of "social responsibility auditing in increasing capital adequacy" as a central phenomenon, which is carried out by evaluating compliance with social responsibilities in increasing capital adequacy in banks. The results of the quantitative part of the research also showed that the causal conditions of the model have a positive and significant relationship with the central phenomenon, the central phenomenon has a positive and significant relationship with strategies, the context conditions have a positive and significant relationship with strategies, the intervening conditions have a negative and significant relationship with strategies, and that strategies have a positive and significant relationship with the outcomes of the model. Finally, increasing compliance with social responsibilities in increasing capital adequacy in banks will further reduce the gap in expectations resulting from banking activities in society.